#Budget
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Budget 2012 – Onus to prove Source of Fund recd as Share Capital shifted on Company

TCS on sale of Coal, Lignite, Iron ore

TCS on cash sale of bullion and jewellery

Budget 2012 – Directors Remuneration not in nature of Salary to attract TDS U/s. 194J

TDS on transfer of immovable properties (other than agricultural land)

Alternate Minimum Tax (AMT) on all persons other than companies

Income Tax rates for F.Y. 2012-13

Budget 2012 – Amendments In Excise Duty provisions

Budget 2012 – Amendments In Customs Duty provisions

Budget 2012 – Industry wise Changes in Custom Duty rates

Budget 2012 – Changes in Service Tax

Budget 2012 – Changes In Rates Of Excise Duty

Income Tax exemption limit raised to Rs 2 lakh

Key Features / Highlights of Budget 2012-2013
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.
