Books for May 2018 CA Final Attempt

The main module for May 2018 and Nov 2018 CA Final DT authored by me is available at Hindi Mahavidyalaya. Students who are interested can buy this at Hindi Mahavidyala. [Morning 8 AM on any day.] Price would be Rs 720/-. The summary module and Q&A edition is likely to be released by 1st Week of March 2018.

Thanks
Rp Sir

Key snippets for FY2018-19

Key Proposals in Direct Tax Laws For FY 2018-19

1. 80JJAA - Requirement of 240 days reduced to 150 days for Foortware and Apparel
2. Circle rate - Up to 5% deviation permitted in the case of immovable properties
3. Tax rate to be 25% if the turnover of the company does not exceed Rs 250 Crores
4. 44ADA - To be rationalized
5. Salaried employees: Rs 40K fixed deduction in lieu of [Transport Allowance; Medical Allowance]
6. Senior Citizens - FD Interest not to be taxed up to Rs 50K;
7. Wrong TDS - 30% shall be disallowed;
8. LTCG on account of equity shares to be taxed @ 10% without indexation benefit; Gains up to 31st Jan 2018 is exempted;
9. Equity oriented MFs to suffer Income Distribute Tax @ 10%;
10. Health and Education Cess to be at 4% in lieu of existing 3% of Education Cess.