Grandfather Clause Introduced by Finance Minister

Dear Reader, What is Grandfather Clause provision that the finance minister introduced during Indian Union Budget 2018 Business Standard(1st Feb’ 2018) – In the run-up to Budget 2018, the market was worried about imposition of long term capital gains tax (LTCG) amid other things. However, the grandfathering provision that the finance minister introduced will make the […]

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Union Budget 2018 – Key Highlights

-By CA Deepak Valecha – Sr. Manager Audit, UJA Introduction:  Today the finance minister delivered his fifth & last full budget speech amid the challenging economic conditions, agricultural distress and subdued economic growth. This budget comes in a more crucial time tan compared to previous keeping in mind the upcoming assembly elections in eight states […]

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