#Budget
Log in to FollowLatest Budget updates, legal developments, compliance requirements, case laws, notifications and expert analysis for professionals on TaxGuru.

Budget 2014- Exempts all items of machinery, and components, required for initial setting up of a solar power generation project or facility or solar energy production

Amendment in Notification No. 33/2005- Central Excise, dated the 8th September, 2005 – Goods required for for compressed bio-gas (Bio-CNG)

Section 80C deduction limit increased to Rs. 150000

Exemption to certain Drugs, Diagnostics and Equipments required for National AIDS Control Programme funded by Global Fund to fight AIDS, TB and Malaria(GFATM)

Amendment in Notification No. 12/2012-Central Excise, dated the 17th March, 2012 – Effective rate of duty of central excise

Amendment in Notification No. 108/95-Central Excise, dated the 28th August, 1995 – Exemption to Goods supplied to UN/International Organisations or Projects

Amendment in Notification No.64/95-Central Excise, dated the 16th March, 1995 – Exemption to goods supplied for defence and other specified purposes

Amendment in the Notification No. 2/2011-Central Excise, dated the 1st March, 2011 – Option to pay duty at 6% (earlier 5%) with cenvat credit

Notification No. 8/2014-Central Excise Dated 11/7/ 2014

Major Indirect-tax proposals in Budget 2014

The ICSI Welcomes The Union Budget 2014-15

Budget 2014- FM Brings More services in Service Tax Net

Personal Exemption / Section 80C Deduction / House Loan Interest Limit Increase by Rs. 50000/-

Colors of ambiguity still on Heena
Explore the latest Budget updates on TaxGuru, including relevant legal provisions, notifications, circulars, case laws, compliance developments and expert analysis. This page brings together important developments and practical guidance to help taxpayers, businesses and professionals stay informed and understand the regulatory and commercial implications of changes.
