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Budget

Budget 2016: Cheaper and Costlier

Cheaper and Costlier in Budget 2016 Every Union Budget introduces or alters taxes to encourage/discourage certain consumption. This in turn impacts the prices of products and services that we use in our daily lives. The post looks at the impact of budget 2016 on common man’s budget. Costlier in Budget 2016: Krishi Kalyan cess on Service Tax: Budget 2016 has introduced […] Continue reading →

TDS on Fixed Deposit, Recurring Deposit and EPF

Budget 2015 - TDS on FD, RD and EPF Along with changes in income tax, budget 2015 has also made some changes in TDS (Tax Deduction at source) for Fixed Deposit, Recurring Deposit and EPF (Employee Provident Fund). The post discusses these changes: TDS on Recurring Deposit (RD) Until now recurring deposit was not subjected to TDS. Budget 2015 has amended this and now […] Continue reading →