Posted By on February 28, 2015

The budget for the F. Y. 2015-16 has been presented by the H’ble Finance Minister Sh. Arun Jaitley ji in the Lok Sabha today. There has been a significant effort by the Finance Minister to stablise the taxation regime in India including cancellation of the Direct Tax Code implementation and defferment of GAAR for 2 years. He has crafted a message for a stable tax regime in India with a deep sense of predictability in the Tax Structure. Corporate Tax is proposed to be reduced to 25% in next 4 years.

We are enclosing the Income Tax Ready Reckoner incorporating the proposals of the Finance Bill, 2015 applicable for the F. Y. 2015-16:-

I.T. READY RECKONER F. Y. 2015-16-page-001

I.T. READY RECKONER F. Y. 2015-16-page-002 I.T. READY RECKONER F. Y. 2015-16-page-003



The Views expressed on this blog are strictly personal and for knowledge of our clients only. The contents of this blog are solely for informational purpose and it does not constitute any professional advice or recommendation. The laws related to GST and other taxes are under evolution and subject to constant changes and amendments over time. It is suggested to take specific legal advice and necessary due diligence before relying on the contents and information of this Blog. The authors of this blog, does not accept any liabilities for any loss or damage of any kind arising out of information on this blog and for any actions taken in reliance thereon.