Pritam Mahure, Deccan Chronicle

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The writer is an expert on taxation matters

The Union Budget presented on Wednesday is expected to bridge the gap between the present, which is marred by multiple indirect taxes, and the future of indirect taxation, aka Goods and Service Tax (GST).

Budget '17: A step towards GST

The rate of tax for income within the range of Rs 2.5 lakhs to Rs 5 lakhs has been reduced from 10% to 5%.

3 Feb 2017 12:45 AM IST

The Union Budget presented on Wednesday is expected to bridge the gap between the present, which is marred by multiple indirect taxes, and the future of indirect taxation, aka Goods and Service Tax (GST).

Budget 2017: A step towards GST

In view of the approaching GST regime in next few months, the rate of service tax and excise, has been maintained.

2 Feb 2017 2:51 AM IST