The Finance Bill proposes to levy a tax of 10% on income earned on transfer of carbon credits. Such a tax will be levied on the gross income, without allowing for any deductions.
The Budget is a political one with a focus on farmers, rural area, on the poor, on women, on infrastructure, on digital economy and bringing in good governance.
To ensure availability of specialist doctors at the secondary and tertiary levels, the Centre today announced the creation of additional 5,000 post- graduate (PG) seats every year even as it increa
The Union Budget presented by Finance Minister Arun Jaitley on Wednesday was an opportunity missed when it came to promoting green energy and taxing polluting technologies, environmentalists said.