Budget Updates: Tax Proposals February 1, 2017 karthikandsunil Companies with sales less than Rs.50 crore is proposed to be 25% MAT credit can be carry forward for 15 years No transaction over Rs 3 lakh will be permitted in cash, says FM Basic customs duty on LNG cut to 2.5% from 5%, says FM Capital Gain Indexation will be changed to Index from 01-04-2001 Share this: Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook Share on LinkedIn (Opens in new window) LinkedIn Share on WhatsApp (Opens in new window) WhatsApp Email a link to a friend (Opens in new window) Email More Share on Pinterest (Opens in new window) Pinterest Like Loading... Related Budget Updates: Tax Proposals