Budget 2014

Budget 2014: Important amendments to remember (Part I)
The Union Budget 2014 announced a slew of reforms related to income tax. In this article, I have tried to highlight some major amendments that will impact the tax-payers directly. Amendments in Capital Gain Bonds The existing provision contained in section 54EC of the Income-tax Act provides that where the Capital Gains arises from the […]

Budget 2014: Special Economic Zone woes come to an end
Expressing its commitment to help the special economic zones bounce back, the Modi government in its union budget 2014 has ensured to take proactive steps to make them instruments of economic growth, industrial production, export promotion and employment generation. To bring to pass this, the government will take crucial steps to operationalize SEZs and inject […]