Budget 2017 – Tax proposals explained – the impact of the Tax proposals for the Individual and Corporate Tax payers: 1. Tax Rate slashed for small tax payers: Personal Income Tax slab reduced for individual ttax payers having taxable income between 2.5 lakhs to 5 lakhs to 5% instead of present 10%. This will provide a flat rebate of INR 12,500 to the entire 1.92 crore individual tax payers. Adding up the education cess and higher education cess to this savings, the gross savings for most of the tax payers…
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Highlights of Union Budget 2017 – 2018
These are the major highlights of the Union Budget presented by Finance Minister, Shri Arun Jaitley in Parliament today, for the financial year 2017 – 2018. General Proposals: 1. FM. Mr. Aurn Jaitley raises to present the Union Budget at 11.08 a.m. after the condolence message over the death of Parliamentarian Mr. E Ahamed yesterday. 2. No sitting of the Parliament tomorrow as a mark of respect to the departed Soul.
Read MoreBSNL launches State Bank MobiCash e-wallet in Kerala circle
Trivandrum: Public sector telecom giant, Bharat Sanchar Nigam Limited (BSNL), today announced the launch of its mobile wallet application ‘State Bank MobiCash’ in Kerala circle, in association with State Bank of India (SBI) and its technology partner, Triotech Solutions.
Read MoreFederal Bank wins Award for online loan platform BYOM
Kochi: Federal Bank’s online loan platform BYOM (Be Your Own Master) has won the SKOCH Smart Technologies Gold Award for 2016 in Banks category. The award was conferred during the 46th SKOCH Summit held recently at New Delhi.
Read MoreFederal Bank inks partnership with ICAI for online fee collection
Kochi: Federal Bank has joined hands with the Institute of Chartered Accountants of India (ICAI) to enable CA students across the country remit their fees online. The arrangement will see the Bank leveraging its Payment Gateway service to help the students remit their fees hassle-free.
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