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UNION BUDGET 2014-15Direct Taxes No change in corporate tax rate. No change in surcharge for all taxpayers Education cess remains same for all taxpayers. Insertion of new clause with effect from 01.10.2014 section 2(13A) Business Trus
Budget at glance for financial year 2013-2014 DIRECT TAXES Corporate tax rates remain unchanged Surcharge Domestic companies: Surcharge has been increased to 10% from 5% if the total income exce
Service Tax: The service tax effective rate is remains unchanged @ 10.3% Important amendment to the existing provisions: · Amendment of Section 65 (19) Business Auxiliary Service (BAS) - in sub – clause (ii) the explanatio
Government of India unveiled on 11TH Nov 2009 First Discussion Paper on Goods and Services Tax. Highlights: The Structure-Dual The proposed GST structure in India proposes dual structure. GST shall have two components- Central GST and State GST. Th
Budget 2009 (2) · The rate of service tax remain unchanged · Basic duty of import remain unchanged· CST rate has been remain unchanged· GST comes in 2010 Service Tax Introduction of New Ser
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