Union Budget 2020

Dear Reader, Like every year, we are presenting the summarized budget on the very same day. The Union Budget 2020 has been divided as below: (A) Provisions applicable to Individual / HUF (B) Provisions applicable to Companies (C) Provisions applicable to Co-Operative Societies (D) Provisions related to Charitable Trust, Institutions etc. (E) Rationalization for applicability […]

Union Budget 2019

Dear Readers, This time there are no major announcements in the Union Budget 2019. Reason being the pending tenure of this Govt. is only of three months and so it is fair that the next elected Govt. should propose the full budget and this Govt. should propose only interim budget. Major announcements of the Union[…..]

Union Budget 2018

Dear Reader, It was a pleasure to present you the analysis of the Union Budget 2018 on the very same day. The various provisions of the Finance Bill are explained below in the simple language to the extend possible: Education Cess: Education cess and Secondary and Higher Education Cess will be discontinued which was 2%[…..]

Analysis of Union Budget 2017

It is our immense pleasure to present the wide analysis of the Finance Bill 2017 (Union Budget 2017) on the very same day of the Budget Speech.   This budget is historic one in the Indian Parliamentary history because of the following two reasons: For the first time, the General budget was presented on the[…..]