MAT rate from 10% to 15% will result in higher cash outflow for zero-tax companies. At a time, when most industries are facing credit crunch, imposing higher tax, for which credit may be available in future, seems to be out of sync with the finance m
A single Budget speech cannot solve all our problems, said the Finance Minister Mr. Pranab Mukherjee as he began his speech today. And what he delivered (or didnt) was exactly what he said at the start. His budget for 2009-10 is now being seen as a n
The Union Budget 2009 has belied the expectations of all tax payers especially income tax payers! There is noting to cheer by aam aadmi as perhaps aam aadmi means a person who is not earning an income liable for Income Tax-that is what the UPA govern
Budget is not focused on Aam Adami- CA Sudhir HalakhandiCA Nikita Jain - Now the Budget for the year 2009 has been presented and we have with us the Tax expert and eminent tax columnist and writer CA Sudhir Halakhandi Once again to give his reactions
In the budget the Hon’ble Finance Minister emphasizes inclusive growth in the challenging global scenario. The budget took into consideration the falling growth rate and its impact on social sectors. The budget provides greater outlay for rura
The Union Budget for 2009-10 will soon be presented by the newly-formed Government at the Centre against a backdrop of relative stability on the domestic political front and continuing economic uncertainty in the global arena. While the expectations
I really need to question few things here?? What was the motto- To simplify taxing system or to collect revenue by different names for the government? We have the same Congress government which got different kind of weird named and all very complicat
Interview with Mr. CA Sudhir Halakhandi CA Sudhir Halakhandi in an Exclusive Talk with CA Nikita Jain for CAclubindia.com CA Sudhir Halakhandi having more than 500 Tax Articles to his credit in almost all the top tax journals of the country covering
The presentation of the Union Budget is an annual event that is looked forward to by people from all strata of society ranging from corporate honchos, housewives, students, the working class and even vegetable sellers. The Budget is also known as th
Procedure for Passing Money and Financial Bills FINANCIAL PROCEDUREThe Constitution divides financial legislation into two categories viz., Money Bills and Financial Bills. Money BillsA Money Bill is a Bill which contains only provisions dealing
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