The key Union Budget 2018 Announcements are summarized here under and a detailed executive summary of Income Tax Provisions is also attached for your ready reference.
The conventional system of political funding is to rely on donations. These donations, big or small, come from a range of sources from political workers, sympathisers, small business people and even large industrialists.
The comprehensive GST regime intends to subsume most indirect taxes under a single taxation regime. In India GST will be value added tax levied across goods and services by both center and state on a common base.
