Tag Archives: budget 2018

Union Budget 2018 of India to be presented on February 1, 2018

By | January 8, 2018

Parliamentary Affairs Minister, Ananth Kumar said that the Budget Session of the Parliament will begin on January 29, 2018 and the Union Budget 2018 will be presented by the Finance Minister on February 1 2018. Both the houses of the Parliament, i.e., Rajya Sabha and Lok Sabha will have a joint sitting on 29th January,… Read More »

Budget 2018 :Tax benefit on Medical reimbursements for retired employees : ICAI suggestion

By | January 8, 2018

Provide Tax benefit on Medical reimbursements for retired employees: ICAI Issue/Justification Under section 17 of the Income tax Act, medical reimbursements to employees are exempted from tax up to Rs. 15,000 per annum. Further, the expenditure incurred by the employer for the medical treatment of the employees and his family in approved hospitals is also… Read More »

Pre Budget Memoranda 2018 submitted by ICAI

By | December 13, 2017

ICAI submits Pre-Budget Memoranda-2018 – (11-12-2017) PRE-BUDGET MEMORANDUM – 2018 DIRECT TAXES AND INTERNATIONAL TAX 1.1 The Council of the Institute of Chartered Accountants of India considers it a privilege to submit this Pre-Budget Memorandum – 2018 on Direct Taxes and International tax to the Government. The memorandum contains suggestions for the consideration of the… Read More »