The Honble Finance Minister Mr.P.Chidambaram has presented Union Budget 2013 in both the houses of Parliament on 28th February, 2013 at 11 Hrs sharp. There is no change in the rate of duties and accordingly the rates of Excise T
In the recent past, there is much talk among the business people, media and also society about Indias growth story, consequences of slow-growth rate, ways to improve the growth and taking the growth rates again to more than 8%. Growth can c
Taxability of immovable property received for inadequate consideration: It is proposed to amend the provisions of clause (vii) of sub-section (2) of section 56 so as to provide that where any immovable property is received for a considerati
HIGHLIGHTS OF BUDGET 2013 This Snapshot is prepared solely on the basis of Budget Speech of Honble Finance Minister. A. DIRECT TAXES INDIVIDUAL / FIRMS a. No change in income tax slabs. b. Tax credit of Rs. 2,000/- for income upt
Bonds Market in India A reasonably well-developed corporate bond market is very much required in any economy to supplement banking credit and the equity market and to facilitate the long-term funding requirement of corporate sector as well as inf
Dear All, I Was Reading Budget Synopsis, Budget Summary, Budget Views. But Didnt Found Some Proposal (We Can Say Them Hidden), That Were No Where Discussed. Just Want to Highlights Points Which are really Hideen. Hidden proposal I --in Income Tax
Introduction:- The Honble Finance Minister P Chidambaram presented the Union Budget for the financial year 2013 2014 in the Assembly of Parliament on 28th February 2013. The main highlights of the Union Budget 2013 are presented h
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Government lasts as long as the under-taxed can defend themselves against the over-taxed Expectations:- Every year Aam Aadmi i.e. salaried class looks towards FM to provide some relief to t
In my opinion, this is quite a balanced budget. I don't understand that why most of the people are criticising this budget. Please also give reasons for the same. Lets not forget the fact that Mr.P Chidambram has been one of the best finance
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