Thats how a finance bill looks like. Even if u r not able to understand it ryte now, but atleast you should know how it looks like

*Reality behind Tax Exemption limit of Rs. 5 Lakh*

Slab rate of income tax for individuals has been kept same as last year, however rebate under section 87A has been increased from 2,500 to 12,500 for all those individuals resident in India whose total income does not exceeds Rs. 500,000. Income tax upto the income of Rs. 5,00,000/- come to Rs. 12,500. Rebate of same amount has been given in section 87A.

Thus benefit shall not be available to those individuals whose total income exceeds Rs. 5,00,0000 or who is non-resident.

ICAI donates 1.5 Lakh for CA students’ Cancer Treatment | Taxscan
http://www.taxscan.in/icai-ca-students-cancer-treatment/33200/

On special request of regular college students..Face to face batch for CA-Inter in evening from 3 pm to 8 pm

ICAI - Advisory to be issued, inter alia, in the interest of members and students of ICAI - (05-02-2019) - http://www.icai.org/

Icai has issued advisory saying icaitestseries.com is not their official website and is being run by people faking to be ICAI officials. Icai has initiated action against the website. Students are advised not to rely on data on that website since it is not official.

CA-Inter law Pen drive classes for Nov 19 attempt by CA.Sahil Grover..Covers all amendments..Contact:9310824912
Demo:
https://bit.ly/2WHyeLb

All the best to students who have result today

Special batch for Inter re-appearing students!!Available both face to face and pendrive.Morning and evening batches available..Contact:9310824912

Few days back in our GST class, we had discussed that GST Council has allowed Kerala state to levy an additional calamity cess. Today Kerala has passed its Finance Act in which 'Kerala Flood Cess' has been levied at rate of 1% on all goods having gst rate of 5% or above.
This Cess is applicable only on B2C Intra State supplies (in Kerala) made by a registered person (other than composition dealer)

This update is solely for knowledge purpose (dnt think ICAI will notify it for exams purpose)

54166icaiexammay2019.pdf

Icai has released the date sheet for may 2019 exams. All the rumours going around that exams would be in june this time, should come to rest now

ICAI - ICAI elects New Torchbearers - CA. Prafulla P. Chhajed elected as President, ICAI & CA. Atul Kumar Gupta as Vice-President, ICAI for the year 2019-20 - http://www.icai.org/

Meanwhile new president and vice president of ICAI have taken charge. Being students, we should know the names of these personalities

Photo from Sahil Grover