List of Relief Hike and Schemes undertaken in Union Budget 2016-17

By: Team Ifairer | Posted: 29-02-2016

Heart It

List of Relief Hike and Schemes undertaken in Union Budget 2016-17, relief hike and schemes undertaken in union budget 2016-17, union budget, union budget 2016-17, union budget advantages and disadvantages, new schemes in union budget, union budget relief hike and schemes, general, article, ifairer

- Additional exemption of Rs. 50,000 for housing loans up to Rs. 35 lakh, provided cost of house is not above Rs. 50 lakh.
- 1 per cent service charge on purchase of luxury cars over Rs. 10 lakh and in-cash purchase of goods and services over Rs. 2 lakh.
- Infrastructure access to be levied.
- No changes have been made to existing income tax slabs.
- Limited compliance window for domestic tax payers who have undeclared income.
- 4% high capacity tax for SUVs.
- Committed to stable taxation regime. No more retrospective amendments.
- Excise duty on tobacco increased by 10-15 per cent.

List of Relief Hike and Schemes undertaken in Union Budget 2016-17

relief hike and schemes undertaken in union budget 2016-17, union budget, union budget 2016-17, union budget advantages and disadvantages, new schemes in union budget, union budget relief hike and schemes, general, article, ifairer

prev next

Season's Special

Latest Gossips

B'day special: 10 Strange Facts About Namrata Shirodkar

Mixed Bag

The Healthy Benefits of Practicing Sunbathing for Your Body
Sunbathing, or basking in the sunlight, is an ancient practice that offers a wide range of health benefits......
Recipe for Arrabbiata Pasta: A Spicy Italian Delight
Arrabbiata pasta is a classic Italian dish known for its bold flavors and spicy kick. Originating from Rome......
Benefits of Drinking Hot Water for the Body
Drinking hot water is a simple yet effective practice with a multitude of health benefits. While hydration......
Fashion Tips with Bell Bottom Jeans
Bell bottom jeans, a timeless piece from the 70s, have made a strong comeback in modern fashion......

Most Popular

Picture Gallery

7 Sleeping positions reveal about relationship

Dare To Share

Shameful Walk
I had been flirting with this cute guy who was the DJ for the night at a friend's party. He agreed to play my fave song and dared me to do my sexiest dance across the room...
Read More...
Friend or Enemy!
My husband's best female friend became a close pal of mine, too. Eight years ago our marriage went through a rough patch and I had a brief affair and confided in her...
Read More...
Scared of My Libido
My partner is 12 years younger than me..
Read More...