Gaurav Khurana Classes

Budget Highlights 2019
With respect to Direct Taxes

Rebate u/s 87A is increased to Rs. 12500 for total income up to RS. 5 lakhs. Previous slabs are very much applicable if the total income crosses RS. 5 lakhs.
5 to 10 lacs 20% as previously

Standard deduction raised to 50000 from 40000

Income tax on notional rent for individual having 2 or more houses rationalised.
2nd house no notional tax

TDS on interest to be deducted above 40000 only

TDS threshold for rent is now at 240000 pa

Under sec 54, benefit to extend to 2 house investment till up to ₹2 crores (once in a lifetime)

Notional rent for unsold stock of property waived till 2 years

Gratuity Limit raised from Rs.10Lakh to 30Lakh

CBSE says Class 12 exam results will be declared on Sunday.

New batches starting from 1st Mar 2017 for B.com pass/hons , BBA students.
for further queries contact- Gaurav Khurana 9873854580

http://www.b.com/ B.com

Extension of last date for filing ITR for Assessment Year 2015-2016 for salaried and other non-audit cases from 31.07.2015 to 31.08.2015. CBDT order of 10.06.2015

Happy navratra to all.
JAI MATA DI

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Excellent result dis yr also.. all my students got above 75 % in COST ACCOUNTING & FINANCIAL MGT. Congrats 2 all...
New batches for May/june exams 4m 1st jan. onwards

Good News Friends.....
Minimum Stipend is fixed for CS Trainee.....
Follow link...http://www.icsi.edu/WebModules/AnnouncementonIncreaseinStipend.pdf