Budget is Pragmatic and policy directional says ICAI

28 February 2015 at 23:47

The Institute of Chartered Accountants of India (ICAI) welcomes the ‘Pragmatic and policy directional’proposals outlined by the Hon’ble Finance Minister in the Union Budget 2015. CA. Manoj Fadnis, President ICAI said “Proposal

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Budget Notifications for Service Tax, Excise and Custom

28 February 2015 at 16:55

Budget Notifications for Service Tax, Excise and CustomService TaxNotification No. 03-2015-Service Tax Notification No. 04-2015-Service Tax Notification No. 05-2015-Service Tax Notification No. 06-2015-Service Tax Notification No. 07-2015-Service Tax

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Budget Highlights 2015-16

28 February 2015 at 15:46

INTRODUCTION Credibility of Indian economy has been re-established in the last nine months. Indian economy about to take-off on a fast growth trajectory. Most growth forecasts have upgraded Indian economic growth while downgrad

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Changes in Service Tax for 2015-16

28 February 2015 at 15:40

Changes in Service Tax for 2015-16

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New Income tax slabs for 2015-16

28 February 2015 at 15:31

DIRECT TAXESA. RATES OF INCOME-TAX I. Rates of income-tax in respect of income liable to tax for the assessment year 2015-2016. In respect of income of all categories of assessees liable to tax for the assessment year 2015-2016, the rates of incometa

Posted in Union Budget 2 comments |   6650 hits


Memorandum Explaining the Provisions in The Finance Bill, 2015 (DT-IDT)

28 February 2015 at 14:44

Memorandum Explaining the Provisions in The Finance Bill, 2015 (DT-IDT)

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PM welcomes Union Budget; terms it positive and pragmatic

28 February 2015 at 14:39

The Prime Minister, Shri Narendra Modi has welcomed the Union Budget. ”Union Budget 2015 is a Budget with a clear vision. It is a Budget that is progressive, positive, practical, pragmatic and prudent. Budget 2015 has a distinct focus on farmer

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The Finance Bill, 2015

28 February 2015 at 14:24

The Finance Bill, 2015

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Indirect Tax Proposals to Maximize Benefits to the Economy

28 February 2015 at 13:43

The Finance Minister Shri Arun Jaitley while presenting the Budget announced in the Lok Sabha steps to broaden the Tax Base that will maximize benefits to the economy. The Service Tax rate is being increased from 12% plus Education Cesses to 14%. The

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FM Budget 2015-2016 Speech

28 February 2015 at 13:41

Budget2015-2016 Speech of ArunJaitley Minister of Finance February 28, 2015 Madam Speaker, I rise to present the Budget of the Union for the year 2015-16. 2. I present this Budget in an economic environment which is far more positive than in the rec

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Black Money Bill in the Current Session

28 February 2015 at 13:31

The Union Finance Minister Shri Arun Jaitley has said that a Bill to enact a new law to deal with black money is to be introduced in the current session of the Parliament. In his Budget Speech in the Lok Sabha here today, giving details of proposed k

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Corporate Tax to be Reduced and GST to be Implemented

28 February 2015 at 13:30

Corporate Tax to be Reduced and GST to be Implemented; Gaar Deferred by Two Years The Finance Minister Shri Arun Jaitley said that to give a fillip to growth, investment and promotion of domestic manufacturing and ‘Make in India’, aiming

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Monetising Gold

28 February 2015 at 13:29

The Union Finance Minister Shri Arun Jaitley has announced several steps for monetizing gold. Presenting the General Budget 2015-16 in the Lok Sabha here today, the Union Finance Minister Shri Arun Jaitley stated that stocks of gold in India are esti

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No Change in the Rate of Personal Income-Tax

28 February 2015 at 13:19

Surcharge @12% Levied on Individuals, HUFs, AOPs, BOIs, Artificial Juridical Persons, Firms, Cooperative Societies and Local Authorities Having Income Exceeding Rs 1 Crore The Union Finance Minister Shri Arun Jaitley in his Budget Speech in Lok Sabha

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Employees Under the Employees Provident Fund(Epf) to be Provided two Options

28 February 2015 at 13:18

The Union Finance Minister Shri Arun Jaitley has announced that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options. Firstly, the employee may opt for EPF or the New Pension Scheme (NPS). Secondly, for employ

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Benefits to Middle Class Tax Payers in the Budget 2015-16

28 February 2015 at 13:18

Payments to the Beneficiaries Including Interest Payment on Deposit in Sukanya Samriddhi Scheme to be Fully Exempt The Union Minister of Finance Shri Arun Jaitley in his Budget Speech in Lok Sabha today proposed rationalization of various tax exempti

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ICAI - President's Message - March 2015

27 February 2015 at 16:12

Dear Friends, Nothing can bring you peace but yourself. Nothing can bring you peace but the triumph of principles, writes Ralph W. Emerson. I too believe in the power of self and principles, which we respect and stand for in our life. For me, this i

Posted in Students 2 comments |   3510 hits


Cut in Repo Rate from 8.0 per cent to 7.75 per cent

27 February 2015 at 14:59

The Reserve Bank of India (RBI) has cut the Repo Rate recently. It has reduced the Repo Rate under the liquidity adjustment facility (LAF) by 25 basis points (bps) from 8.0 per cent to 7.75 per cent on January 15, 2015. With the introduction of Base

Posted in Union Budget 3 comments |   3412 hits


Economic Survey 2014-15 has been released

27 February 2015 at 13:33

Economic Survey 2014-15 has been released Detailed information can be accessed from the enclosed attachment

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A Growth Rate of over 8 Per Cent Expected for the Coming Year

27 February 2015 at 13:21

A Growth Rate of over 8 Per Cent Expected for the Coming Year A Double-Digit Economic Growth Trajectory is now a Possibility Such a Growth Could Help in Wiping Every Tear From Every Eye and Realizing Aspiration of Indias Youth T

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Updated on : 02/03/2015 04:52:00