Budget 2017 Archives - H&R Block| Blog
February 10, 2017
TDS mandatory if rent exceeds 50K

TDS Mandatory if Rent Exceeds Fifty Thousand

The government made a very important announcement for people living in metropolitan cities. Now those staying in rented accommodation paying more than Rs. 50,000 per month as rent are required to deduct tax on behalf of their landlord. The government has taken this step to […]
February 6, 2017
Union Budget 2017 Capital Gains

How the Union Budget 2017 Capital Gains Tax Proposals Impact you?

The government made several tax proposals aimed at the housing and infrastructure sector. But apart from vowing pukka houses for the masses, an important announcement too was made, which has the potential to change the way taxes are levied on buying and selling houses. If […]
February 6, 2017
budget 2017 simplifies tax compliance

What Did the FM do to Simplify Tax Compliance Through Budget 2017?

For those who are blaming the high taxes and the complex procedures to follow the tax laws of the land, the Finance Minister has taken several steps towards simplification of the tax compliance procedures through the Union Budget 2017-18. In his speech on February 1, […]
February 1, 2017
Personal & Corporate Income Taxpayers - Budget 2017

Union Budget 2017 Highlights for Personal Income Taxpayers & Corporate Taxpayers!!!

  The much anticipated Union Budget 2017 was finally announced today by our honourable Finance Minister. It was broadly focused on 10 issues — farming sector, rural population, youth, poor and health care for the underprivileged, infrastructure, financial sector for stronger institutions, speedy accountability, public […]
January 31, 2017
Will Demonetisation Boost Budget 2017

How Demonetisation and Other Schemes are Going to Boost Union Budget 2017?

Government launched its demonetisation scheme on November 8 last year with the several objectives. A major objective was to demolish parallel economy. However, what started off as a war on black money eventually became a movement to make India a digital economy. In the beginning, […]
January 31, 2017

Expectations of Various Industries from Union Budget 2017

Only one day left to go before Finance Minister Arun Jaitley announces Union Budget 2017. India Inc has readied its wishlist and is eagerly waiting to find out how things unfold on February 1, 2017. Through the budget, the government is expected to address the problems […]
January 31, 2017
Budget 2017 Predictions

Top 5 Predictions for Union Budget 2017

Union Budget 2017-18 will be presented in less than a week. The anticipation among the masses has reached fever pitch. The upcoming budget is the first of its own kind due to two reasons. For the first time in history, Union Budget and Railway Budget […]
January 25, 2017

Home Loan Takers May Get Bigger Tax Relief

Union Budget 2017 is expected to bring good news for home buyers and real estate sector. The government may introduce higher incentives on home loans. It will be a step towards making Pradhan Mantri Awas Yojana (PMAY) a grand success as well as boosting the […]
January 25, 2017

PAN Card Required for Cash Deals Exceeding Rs. 30,000

The government is planning to use Union Budget 2017-18 to take India closer to becoming cashless economy. Recent reports suggest that government may lower the threshold limit of Rs. 50,000 applicable on cash transactions. The revised limit is expected to be Rs. 30,000. In the […]
January 23, 2017

Impact of Demonetisation on Union Budget 2017 Preparation

Government’s preparation for Union Budget 2017-18 is nearing its climax. Expectations are being raised, predictions are being made. However, any hope and prediction for this budget cannot be made without analysing the impact of demonetisation on it. Demonetisation has affected several industries, and its financial […]