The policy-making body for the tax department has issued a revised 32-page guideline for 'compounding of offences under direct tax laws, 2019' which will be executed under the I-T Act, 1961.
Despite the recent adversities that hit some debt fund schemes hard, benefits like high liquidity, safety and tax benefits on long-term capital gains still make it an attractive choice over other fixed income options.
FM Nirmala Sitharaman is expected to announce a number of big-ticket decisions in the Union Budget 2019 considering the thumping majority her party secured in the recent Lok Sabha elections.
Agriculture and the allied sector on a whole is expected to grow at 0.4 per cent, a decline when compared to last year's 3.1 per cent rise, the survey further stated.
