The effective corporate tax on distributed

This has resulted in increasing the cost component for the airline industry. It also suggested that Minimum Alternate Tax (MAT), which is levied at 18.5 per cent, woven backing fabric to 10 per cent from 25 per cent and on CRGO Steel and steel mill rolls to nil from 5 per cent and 7.In Budget 2016-17, the government reduced corporate tax rate to 25 per cent for companies whose turnover was less than Rs 50 crore in financial year 2015-16.Such a step would make allowances more realistic and help in neutralising the impact of inflation for taxpayers."Government should consider decreasing the excise duty rates on ATF, in order to help aviation industry in India.With regard to personal taxation, Assocham recommended that all allowances and deductions-- medical/conveyance etc-- should be "indexed as per cost of inflation".

The full budget for 2019-20 would be presented on July 5. With regard to rationalising excise duty on ATF, the industry body said post implementation of Goods and Services Tax (GST), credit of excise duty paid on purchase of ATF is not eligible. Assocham Co Chairman Rakesh Nangia said the Government should give addition tax incentives to the electrical vehicles sector, by giving weighted deduction on the capital and R&D expenditure and leverage SEZ by extending sunset period beyond April 2020..After this, out of about 7 lakh companies filing returns, about 7,000 which file returns of income and whose turnover is above Rs 250 crore remain in 30 per cent slab.Assocham also demanded cut in customs duty rates on aluminium to 5 per cent from 7. It further said that Dividend Distribution Tax (DDT) at 20. This benefitted 96 per cent of the total companies filing tax returns.New Delhi: Industry chamber Assocham has demanded cut in effective corporate tax to 25 per cent, doing away with dividend distribution tax (DDT) and indexing of allowances and deductions under personal Income Tax with inflation.55 per cent is "burdensome" and suggested that it be replaced with Dividend Taxation.The government in 2015-16 Budget promised that the corporate tax rate would be gradually lowered to 25 per cent from 30 per cent over the next four years and exemptions available to companies would be phased out."The effective corporate tax on distributed profit is over 48 per cent.55 per China Wholesale Bag fabric Manufacturers cent, should be abolished and demanded that relaxation in norms for start-ups..In its pre-budget meeting with the Revenue Secretary last week, Assocham also demanded reduction of excise duty on Aviation Turbine Fuel (ATF), and a cut in customs duty rates on raw materials used in domestic manufacturing.5 per cent respectively.

A predominantly pastel palette

So whether summer or not, the best way to keep the house cool throughout the year is by choosing a floor material that’s best suited for our weather conditions. Replace the heat generating incandescent lights with LED’s, as they Wholesale Bag fabric Suppliers emit less heat for the same intensity of light and are energy-efficient. Avoid humidity from building up inside the house by ensuring you’ve ample cross ventilation. Use drapes and covers that are made from organic and natural fibers that breathe, informs Shikha Pahwa, founder of House This.Diffuse heat: Some of the easy DIY ideas include adding plants, artificial waterfalls and changing the colour scheme of the house."While there are several ways to keep the atmosphere fresh, you could begin by adding some greenery with flowers and indoor plants in your living space or your favourite corner.Natural additions: India has a tropical climate and for the most part, the warmer season lasts longer than other seasons. Along with these additions, one can also add soothing colours to the décor. Architect Asumi Rawat suggests, "To avoid the top floor from heating up, one must use thermocol (a heat insulator) in the ceiling inside the plaster of Paris ceiling. She shares her mantra and how to stay cool, and adds, "Muslin and voile sheets and covers are perfect balms for a brutal Indian summer. The wall colours can surely not be changed as per weather but water bodies like water fountains, vessels filled with water and petals, diffusers can be added to keep the heat at bay.

A predominantly pastel palette with soft hues and tones keeps the mood light and fresh. The purpose is to stay cool inside while retaining the liveliness of the outside. If you live in a city or you have an apartment on the top floor, the house can get really hot, so we ask experts on smart ways to keep the surroundings cool and fresh in this extreme weather. This will prevent the flat from getting overheated in summer."All things light: Replace faux leather, satin, wool or thicker fabric on sofas, bedsheets, carpets and other furnishings with more breathable and natural fabrics. Plants are not only soothing to the eyes; they also restrict direct sunlight exposure and cool down the air entering the house. Natural stones are bad conductors of heat, so the flooring surfaces remain cool even during hot summer days making a significant difference in keeping the overall place cool. In this regard, my first choice is always white and it’s offshoot shades.Indian summers can be pretty brutal, and especially when the temperature is at its peak all we wish to do is to be home and avoid the scorching sun. Amit Shah, MD at a marble flooring brand, suggests, "Some of the best flooring materials that help keep the space cool even in summers are natural stones like marble, granite, slate, and travertine. Crisp, cool and clean, it never fails to do the trick.

Turn to tradition and think of outdoor beds on rooftops. Alternately, you could also opt for jute or bamboo screens. Also, avoid placing rocks and other natural elements that are bound to absorb heat during the day and radiate it back after sundown. Plants are important elements to enhance interiors and can be installed at the entrance. Nothing works better than the quintessential Indian cotton chaddar. Indoor plants such as aloe vera, basil, and spider plants are ideal to cool down corners and liven up spaces. Incorporate light and vibrant colours like bright blues, lime greens, subtle yellow and contrast them with white, grey or an earthy tone. They allow air circulation and provide shade from direct sunlight. Line the curtains with washable blackout, or can be used as blackout roller blinds.. Lighting designer Radeesh Shetty, mentions, "Go for lighter coloured, cotton or sheer window curtains that reflect the heat out and allow air flow inside the house."Breathe In, breathe out: The easy breezy way to keep the décor cool is to keep things light, airy and natural.