Posted on Leave a commentPosted in Income Tax

Cost Inflation Index or CII is to measure inflation that is used for computing long-term capital gains on sale of capital assets. The CII has been notified by the Central Government every year commencing from the financial year 1981-82 keeping in view the Consumer Price Index, which in turn helps an individual tax payer to […]

“Jan Bhagidari” for Union Budget 2016-17 – Welcome your Idea and suggestions

Posted on Leave a commentPosted in Finance

The Finance Ministry has invited suggestions and ideas from the general public for the Union Budget 2016-17, with a view to making it a reflector of people’s expectations and aspirations, to the extent possible. In a democratic environment, citizen’s involvement in formulation and implementation of policies is necessary for the betterment of policies and their […]