• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • HOME
  • DoPT
  • MACP
  • OROP
  • CSD
  • CG News Android App

CENTRAL GOVERNMENT EMPLOYEES NEWS

All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more.

  • 7th CPC
  • Railways
  • Pension
    • Retirement Age
  • Expected DA
    • Dearness Allowance
    • Dearness Relief
  • Defence
    • CGDA
  • EPFO
    • Employees News
      • KV School
      • Promotion
      • Maternity Leave
      • Reservation
      • LTC
    • ESIC
  • CGHS
  • MACP
  • Postal Dept
You are here: Home / Income Tax / Highlights of Union Budget 2017-18

CENTRAL GOVERNMENT HOLIDAY LIST 2024

42% DA Order for Central Government Employees wef 1st January 2023 PDF
42% DR Order for Central Government Pensioners wef 1st January 2023 PDF
CENTRAL GOVERNMENT HOLIDAY LIST 2023
Ad-Hoc Bonus to Central Government Employees
CGHS Updated Rate Card PDF Download
Latest List of KV Schools in India | Contact Details of KVS Region Wise List 2023 PDF
Central Government Holiday Homes List 2023
Expected DA 2023
7th Pay Commission Latest News 2023
MACP for the Central Government Employees

Highlights of Union Budget 2017-18

February 1, 2017 by admin Leave a Comment

Highlights of Union Budget 2017-18

1. All taxpayers above 5 lakh rupees to get benefit of 12,500 rupees across the board: FM
2. 10% Surcharge on individuals with income between 50 lakh to 1 Crore: FM
3. Surcharge of 10% for individuals earning between Rs 50 lakh- 1 crore; Surcharge for incomes > Rs 1 crore at 15% to continue: FM
4. A single one-page form for filing IT returns for taxable income up to 5 lakh rupees: FM
5. Tax on income from 2.5 lakh to 5 lakh reduced from 10 per cent to 5 per cent: FM
6. Time period of revising tax return to be reduced to 12 months: FM
7. Amendment to RBI Act proposed to enable electoral bonds: FM
8. Political parties will be entitled to receive donations in cheque or digital payment, every political party to file IT returns: FM
9. Long-term capital gains tax on immovable property to apply after 2 years, instead of 3 years now: FM
10. Maximum amount of cash donation a political party can receive to be 2000 rupees from any one source: FM
11. Computer emergency response team to be established Cyber security: FM
12. Rate of growth in advance tax in personal income tax in last 3 quarters of this financial year is as high as 34.8%: FM
13. Basic customs duty on LNG to be reduced from 5% to 2.5%: FM
14. Tax rate for companies with an annual turnover up to 50 crores to be reduced to 25%, to strengthen MSME sector: FM
15. To make MSMEs more viable, income tax for smaller companies to be reduced: FM
16. Profit linked deduction available to Startups for 3 years out of 5 years will be available for 3 years out of 7 years
17. Capital gains tax to be exempted,for persons holding land from which land was pooled for creation of state capital of Telangana: FM
18. Thrust in budget are affordable housing, promote digital economy, bringing transparency in political funding: FM
19. We are committed to make our taxation rate reasonable,our tax admin more fair & expand the tax base of the country: FM
20. Only 1.72 lakh people show income above Rs 50 lakh: FM
21. 1.5 crore people show income between Rs 2.5-5 lakh; 52 lakh people between between Rs 5-10 lakh; 24 lakh above Rs 10 lakh: FM
22. 5 special tourism zones,anchored on SPV, to be set up; Incredible India II campaign to be launched across the world: FM
23. Revenue Deficit target at 1.9% of GDP: FM
24. Govt to commemorate Champaran Satyagraha centenary: FM
25. Fiscal deficit pegged at 3.2 percent of GDP: FM
26. Aadhar-enabled payment system AadharPay to be launched: FM
27. Defence allocation of Rs 2.74 lakh crore: FM
28. Pradhan Mantri Kaushal Kendras to be extended to more than 600 districts across the country: FM
29. Total allocation for infrastructure in Budget for Better India stands at a record level Rs 3,96,135 crore in 2017-18: FM
30. State run companies like IRCON and IRCTC to be listed in markets: FM

Source: http://www.newsonair.com/

Filed Under: Income Tax Tagged With: budget 2017, Highlights of Union Budget, Income Tax, taxable income, Taxpayers

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Latest DoPT Orders 2023


CENTRAL GOVT HOLIDAY LIST 2023

Indian Railway Holiday List 2023 PDF | Postal Holidays List 2023 India Post | Bank Holidays List 2023 India | LIC Office Holiday List 2023 PDF Download | EPFO Holiday List 2023 PDF Download | ESIC Holiday List 2023 PDF Download | CGHS Holiday Calendar List 2023 | Post Office Holidays 2023 | Railway Holidays CG Office Holidays 2023 | TN Govt Holidays 2023 | KVS Holiday List 2023-2024 PDF

Primary Sidebar

KVS Class 1 Admission Selection List 2023 and Result Release Date
Important Central Government Employees Orders

  • MACP Scheme for Original Order Dated May 2009
  • 7th Pay Commission Revised Pay Matrix Table for Central Government Employees – Pay Matrix Level 12
  • CSD Canteen Price List 2021
  • CSD Latest Price List of Samsung Electronics items
  • CSD Military Canteen Products List 2020
  • CSD - Eligibility to buy cars 2020
  • FAQ - Central Government Employees - CCS
  • FAQ - Indian Air Force Pensioners
  • FAQ - About NPS

Archives – CG News

Categories

  • 6CPC (176)
  • 7CPC (2,059)
  • 8th Pay Commission (11)
  • Additional DA (5)
  • AICPIN (163)
  • Allowance (378)
  • Bonus (230)
  • BSNL (97)
  • CCS (194)
  • Central Government Jobs (180)
  • Central Govt Holiday Homes (5)
  • CGDA (123)
  • CGHS (487)
  • CPSE (73)
  • CSD (73)
  • CSS (116)
  • DA Over 50% (124)
  • Dearness Allowance (717)
  • Dearness Relief (92)
  • Defence (647)
  • Directorate of Estates (65)
  • DOPT Orders (1,521)
  • ECHS (18)
  • Employees News (2,498)
  • EPFO (222)
  • ESIC (30)
  • Expected DA (427)
  • expected da january 2020 (9)
  • Fin Min Order (3)
  • General news (2,012)
  • GFR (2)
  • GST (49)
  • Holidays (202)
  • HRA (87)
  • Income Tax (242)
  • IT Exemption (90)
  • KV School (308)
  • Latest News (1,309)
  • LDC-UDC (73)
  • Leave Rules (19)
  • Loan (16)
  • Lok Sabha Elections 2019 (15)
  • LTC (231)
  • MACP (262)
  • Maternity Leave (10)
  • NPS (119)
  • OROP (166)
  • Pension (1,329)
  • Postal Department (537)
  • Promotion (215)
  • Railways (1,652)
  • Rank Pay (57)
  • Reservation (107)
  • Retirement Age (187)
  • TDS (2)
  • Uncategorized (1)
  • Wages (1)

Recent Comments

  • HFL RAMPAL(Retired) on Grant of notional increment to the Central Government employees who superannuated on 30th June or 31st December DoPT
  • Somya on LIC Office Holiday List 2023 PDF Download
  • Seivaraj N on Grand of Increment who retired on 30th June and 31st December Court Order
  • Niranjan Das on CGHS Card is stored on the DigiLocker platform for access and usage of CGHS services
  • Sunalini Benjamin on Seventh Pay Commission Pay Matrix Table for Teachers and other Academic Staff

7th CPC DA Arrears Ready Reckoner Tables for all Level

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-1 (GP 1800)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-2 (GP 1900)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-3 (GP 2000)

  • 7th CPC DA DA Arrears Ready Reckoner Tables for Level-4 (GP 2400)

  • 7th CPC DA DA Arrears Ready Reckoner Tables for Level-5 (GP 2800)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-6 (GP 4200)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-7 (GP 4600)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-8 (GP 4800)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-9 (GP 5400)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-10 (GP 5400)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-11 (GP 6600)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-12 (GP 7600)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-13 (GP 8900)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-13A (GP 8900)

  • 7th CPC DA Arrears Ready Reckoner Tables for Level-14 (GP 10000)

Pay Matrix Table for Air Force PBORs

7th Pay Commission Option Form Ready Reckoner For All Grade pay

central government news
Follow us on : facebook-central-government-news twitter-central-government-news pinterest-central-government-news

Footer

Central Government Employees News | Central Government News | Central Govt Employees News | Central Government Jobs & Orders | Central Government Latest News | central government employees news latest update | expected pay central govt employees | latest news macp central govt employees | Central govt employees news 7th pay commission

central government employees news

Central Government News App for Android Users – Free!! Download Now

 

7th CPC | CGDA | CGHS | CPSE | CSD | CSS | Dearness Allowance | Dearness Relief | Defence | DOPT Orders |
EPFO | ESIC | Expected DA | GST | Holidays | HRA | Income Tax | KVS | Leave Rules | LTC | MACP |
Maternity Leave | NPS | OROP | Pension | Postal Department | Promotion | Railways | Rank Pay | Reservation | Retirement Age

Copyright © 2023 · Magazine Pro on Genesis Framework · WordPress · Log in