BUDGET 2019-20
by ravianddev in on
Tax rate for Domestic companies to be 25% having turnover up to Rs. 400 crores.
No Scrutiny for Start Up’s in respect of share premium charged on issue of shares
Additional deduction for Interest on Housing loan for purchasing Affordable House before 31.03.2020 increased by Rs. 1,50,000/- u/s 80EEA
TDS @ 2% on cash withdrawal exceeding Rs. 1 crore from one bank account in one year
Deduction upto Rs. 1,50,000/- for Interest on loan taken for buying electric vehicle
Minimum Public Shareholding in a listed company to be increased from 25% to 35%