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Budget 2010. Highlights of Service Tax

Posted by MONISH BHALLA 28 February 2010 38807 Views

Budget Highlights – Service Tax Rate of tax on services retained at 10 per cent to pave the way forward for GST. Proposals relating to Service Tax are estimated to result in a net revenue gain of Rs 3,000 crore for the year. Proce

Highlight of the changes proposed in Central Excise in the Budget

Posted by MONISH BHALLA 02 March 2010 16263 Views

1. The excise duty of all goods which attracted 8% Central Excise duty previously will now be taxed at 10%. 2. The rates of duty on cement manufactured by units other than Mini Cement Plant in packaged form and bulk form have also been revised upwa

Budget 2010- Income Tax

Posted by Mahesh Kapasi 28 February 2010 13934 Views

Budget and Income Tax The Union Budget 2010 is definitely inflationary for Aam aadmi. Middle class shall become poor class! There is no respite from continuing inflation and the budget provisions are adding fuel to the fire of inflation. India too sh

3 SMARTS OF BUDGET 2010-11

Posted by Indraneel Sen Gupta 25 April 2021 10809 Views

PETROL: Walk Out Yesterday the Parliament of India have created a history by making a walkout even before the budget was yet to be finished. The opposition parties made the walkout once it was declared in the budget that petrol prices

Port/Airport Services: At Great Expansion

Posted by Pradeep Jain 28 February 2010 6057 Views

PORT/AIRPORT SERVICES: AT GREAT EXPANSION Prepared By: CA Pradeep Jain, Monu Toshniwal The introduction of Budget 2010 has brought a drastic change in the definition of the Port/Airport services which will definitely expand t

CST Amendment by Finance Bill 2010.

Posted by CA Ravish Trivedi 27 February 2010 17055 Views

Amendment in CST Act by finance Bill 2010: Section 6A: Amendment in Sub- section (2 ) of 6A : i) Provide that for making an order under that sub section the assessing officer shall, in addition to satisfying himself about the

BUDGET WINE IN NEW BOTTLE

Posted by Indraneel Sen Gupta 25 April 2021 5777 Views

Month of February is the shortest month of the year and this shortest month gets the highest importance other than any month of the year. For Indian economy it is the month where all expectation and desires followed with wishes and prayers are ex

Key Highlights of Union Budget 2010-11

Posted by SANDEEP JOSHI 27 February 2010 9563 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

Effect of Budget on Aam Aadmi

Posted by rishabh parakh 27 February 2010 7889 Views

Finance Minister Pranab Mukherjee on Friday announced revised tax slabs for individual tax payers and also said that the New tax rates would offer relief to 60 per cent of taxpayers

Are the stimulus measures stroking inflation or driving economy

Posted by Anurag Maheshwari 27 February 2010 5471 Views

By withdrawing the stimulus too soon, you face the risk of stalling recovery. By withdrawing it too late, you run the risk of inflation. So it's a real balancing act.A lot of monetary accommodation was provided by the RBI in the immediate aftermath o