Budget updates Cont….

  1. First Home buyers additional Rs.50,000/-interest allowance – Loan amount should be Rs.35L and House cost should be Rs.50L
  2. Dividend Distribution Tax: Tax @ 10% on dividend if total dividend received Rs.10 Lakhs
  3. Tax Collected At source – For motor cars if value exceed Rs.10 L
  4. New Cess @ 0.5% Krishi Kalyan Cess w.e.f. 01-06-2016
Budget updates Cont….

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