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Politics
Govt may drop proposal on self-reporting of income estimates, tax payments
In view of the adverse comments on the proposal for self-reporting mechanism for income estimates, tax payments on voluntary compliance basis, the finance ministry may not be keen on introducting Rule 39A in the income tax rules
2 min read14 Jan 2018Popular Topics
Budget
The 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
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