NCLAT: Consideration of Debt Restructuring by Lenders Doesn’t Bar Member from Initiating Proceedings  ||  Delhi High Court: In Matters of Medical Evaluation, Courts Should Exercise Restraint  ||  Delhi HC: Any Person in India Has Right to Legally Import Goods from Abroad and Sell the Same  ||  Delhi HC: Waiver to Section 12(5) of Arbitration Act to be Given Once Tribunal is Constituted  ||  Supreme Court Has Asked States to Regularise Existing Court Managers  ||  SC: Union & States to Create Special POSCO Courts on Top Priority  ||  SC Upholds Authority of CERC to Award Compensation for Delays  ||  SC: Arbitral Tribunal Has Discretion to Include in Sum Awarded, Interest at Rate as it Deems Reasonab  ||  SC: Cannot Use Article 142 to Frame Guidelines on Judicial Recusal  ||  SC: Satisfaction Recorder in One EP Won’t Affect Subsequent EPs for Future Breaches    

Budget: Incentives for Start-Ups, Tax-Neutral Treatment for LLPs, Low Corporate Tax for Manufactures - (01 Mar 2016)

For start-ups, 100 % deduction of profits for 3 out of 5 years will be allowed for units set up over April 2016-March 2019. But, MAT will apply. Tax-neutral treatment will be provided to firm converting into Limited Liability Partnerships (LLP) and reduced corporate tax for new manufacturers.

Tags : BUDGET   START-UPS   LLPS   NEW MANUFACTURERS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved