Professional Documents
Culture Documents
Hirak (PB-1316)
Shreya (PB-1339)
Khushboo (PB-1321)
TAX:
A tax is a financial charge or other levy imposed upon a taxpayer
(an individual or legal entity) by a state or the functional
equivalent of a state to fund various public expenditures.
Highlights:
The objective of this Budget is to improve quality
of life and to pass benefits to common man.
Direct Tax collection is going to be 14.49 lakh crore
rupees
Basic rate of Corporate Tax to be reduced from
30% to 25% in next 4 years and will be
accompanied by reducing exemptions.
Exemptions to individual tax payers will remain
same
TAX PROPOSAL:
THANK YOU