Posts Tagged ‘budget 2015-16’

Union Budget 2015-16 – Key Highlights

Union Budget 2015-16 – Key Highlights

Union budget 2015-16 is announced by finance minister Arun Jaitley today.Expectation from budget was very high, but budget seems to be highly disappointing.  No major tax reform and relief. GST is delayed by one more year. Let’s look at Key Highlights of Union Budget 2015-16. Key Highlights -Union Budget 2015-16 No change in tax slabs or tax limit Exemption limit for transport allowance is enhanced to 1600 Rs/- from 800 Rs/- per month. Service Tax rate hiked to 14% from […]