The tax on movie tickets costing more than ₹100 came down to 28 per cent from 35 per cent previously, while 5-star hotel accommodation is taxed at 28 per cent as opposed to 30-50 per cent previously
2 min read18 Dec 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared