Income Tax Articles

Key Highlights of Union Budget 2010-11

Posted by SANDEEP JOSHI 27 February 2010 9549 Views

Key Highlights of Union Budget 2010-11 Economy Business sentiment weak at the time of last Budget Averted crisis, Indian economy far better situation Short-term global outlook bleak during FY10 Budget Need to make recovery broad base

TAX SAVINGS UNDER NEW TAX SLAB 2010-11

Posted by Indraneel Sen Gupta 26 February 2010 67943 Views

Tax Impact for Resident Individuals and Hindu Undivided Families Gross Total Income (Rs) 3,00,000 5,00,000 A.Y. 2010-11 A.Y. 2011-12 A.Y. 2010-11 A.Y. 2011-12 Gro

Key Features of Budget 2010-2011

Posted by Guest 26 February 2010 13001 Views

Key Features of Budget 2010-2011 CHALLENGES° To quickly revert to the high GDP growth path of 9 per cent and then find the means to cross the double digit growth barrier. ° To harness economic growth to consolidate the recent gains in making

Highlights of General Budget 2010-11

Posted by Guest 26 February 2010 9821 Views

Highlights of General Budget 2010-11 GENERAL BUDGET 2010-11 · THE FINANCE MINISTER SHRI PRANAB MUKHERJEE LAYS EMPHASIS ON CONSOLIDATED GROWTH, IMPROVING INVESTMENT ENVIRONMENT, INCLUSIVE DEVELOPMENT AND S

Amendments made to Income Tax Act

Posted by Member (Account Deleted) 26 February 2010 16876 Views

Some amendments made to Income tax by finance act 2010. 1) Limit for compulsory audit under section 44AB is enhanced to 60 Lakhs and 15 Lakhs for business and profession respectively.2) Penalty for not getting books audited with prescribed t

Synopsis of the Union Budget 2010-2011

Posted by Dr. Anand Wadadekar 26 February 2010 17336 Views

Hello, It has been my every year ritual - since more than 7 years now - to send you the Synopsis of Union Budget; as soon as declared by our FM. So this year too, I carry on with this ritual, unabated. Please find below the "Synopsis of the U

Railway Budget For You in a Crispy Way!

Posted by Dr. Anand Wadadekar 26 February 2010 5852 Views

Union Railway Minister, Shrimati Mamata Banerjee presented the Railway Budget for 20010-11 in Parliament on Wednesday, 24th February 2010. Plan outlay raised by Rs 1,142 crore to Rs 41,426 crore. Railways not to be privatised; It will remain with the

Brief Description of the Budget Documents

Posted by shiv Shankar 25 February 2010 8448 Views

Brief Description of the Budget Documents Annual Financial Statement Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the Government of India has to be laid before Parliament in respect of every financial y

A Talk with CA Sudhir Halakhandi on Expectations From Budget-2010

Posted by Guest 24 February 2010 6116 Views

SUDHIR HALAKHANDI ON BUDGET -2010 A TALK WITH GST EXPERT AND TAX COLUMNIST CA SUDHIR HALAKHANDI ON EXPECTATIONS FROM BUDGET -2010 There are two options for the Finance Minister and if he chooses the platform to accelerate the process of introduction

Section 194 - An Aerial View

Posted by Rahul Ramesh 10 February 2010 50004 Views

Section 194 of the Income Tax Act, 1961 deals with the deduction of tax at source on payment of dividends by any domestic company. When an Indian company or a company which has made prescribed arrangement for declaration and payment of d