Monthly Archives: February 2020

New Section 115BAC Income Tax Act : Proposed by Union Budget 2020

By | February 1, 2020

Insertion of new sections 115BAC Source Union Budget 2020 Download Tax on income of individuals and Hindu undivided family. 53. After section 115BAB of the Income-tax Act, the following sections shall be inserted with effect from the 1st day of April, 2021, namely:– 115BAC. (1) Notwithstanding anything contained in this Act but subject to the provisions… Read More »

Rs 1,10,828 crore GST Gross Revenue collected for January, 2020

By | February 1, 2020

Ministry of Finance ₹ 1,10,828 crore GST Gross Revenue collected for January, 2020 January 2020 stands second highest monthly collection since implementation of GST Posted On: 01 FEB 2020 2:08PM by PIB Delhi The gross GST revenue collected in the month of January, 2020 is ₹ 1,10,828 crore of which CGST is ₹ 20,944 crore, SGST is ₹ 28,224 crore, IGST is ₹… Read More »

Category: GST

Union Budget 2020 Download

By | February 1, 2020

Union Budget 2020 Download Key to Budget Documents Budget Highlights (Key Features) Budget Speech Budget at a Glance Annual Financial Statement Finance Bill Memorandum Receipt Budget Expenditure Budget Customs Notification The Macro Economic Framework Statement Medium Term Fiscal Policy cum Fiscal Policy Strategy Statement Output Outcome Framework 2020-2021