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Highlights of Budget 2009

Page no : 4

SSG (1936 Points)
Replied 06 July 2009

Surcharge of 10% on personal income tax removed



sreeja (Article Trainee) (41 Points)
Replied 06 July 2009

Need finance bill highlights

 


SSG (1936 Points)
Replied 06 July 2009

Minimum alternate tax increased to 15% from 10% of book profit


Alia Khetwani (CA) (96 Points)
Replied 06 July 2009

Sens*x down by 700 pts

SSG (1936 Points)
Replied 06 July 2009

National pension scheme exempt from STT




SSG (1936 Points)
Replied 06 July 2009

Political funding to get 100 per cent tax deductions.


Vivek Jarial (Student) (272 Points)
Replied 06 July 2009

ustoms Duty to be reduced on drugs for heart treatment


Vivek Jarial (Student) (272 Points)
Replied 06 July 2009

5% customs duty on set top boxes


CA Devanshi Gandhi (Ajani) (FCA DISA Mcom CIFRS & LLB)   (9058 Points)
Replied 06 July 2009

 senior citizen is 240000


Vivek Jarial (Student) (272 Points)
Replied 06 July 2009

10 per cent surcharge on personal income tax removed




CA Amit Kumar (C.A., CWA Final) (251 Points)
Replied 06 July 2009

Originally posted by :CA Nikita
"  
       Fund alloction for urban poor accommodation is 3,973,000 cr
       JNNURM allocation hiked by 87 per cent
       NHAI allocation up by 23 per cent
       Hike infrastructure investment to over 9% of GDP by 2014
       IIFCL will refinance 60% of commercial bank loans in PPP
       IIFCL will look at new projects
       IIFCL will also look at incremental lending by banks
       New company IIFCL to look at infrastructure needs
       Two worst quarters since September slowdown behind us
       Signs of revival in the domestic industry

/budget09
"


Attached File : 48 budget highlights.pdf downloaded: 106 times

CA Ravi Pahlani (B.Com, M.Com ,CA ) (29 Points)
Replied 06 July 2009

hi friends,

FM states some points on taxation of transfer pricing ,

can someone clarify that.


Abhishek Singh (article trainee) (53 Points)
Replied 06 July 2009

THANKS FOR THE IMFORMATION


Vivek Jarial (Student) (272 Points)
Replied 06 July 2009

The Finance Act, 2008 introduced the Commodity Transaction Tax (CTT) to be levied on taxable commodities transactions entered in a recognized association. The Prime Minister's Economic Advisory Council has recommended abolition of the CTT.  I, therefore, propose to abolish the Commodity Transaction Tax.





(Guest)

Nikita

service tax has not been removed on services by Ca And Cs but it has been imposed on services of legal consultants, transport of goods by rail,services in relation to transport of coastal goods goods through inland waterways,cosmetic and plastic surgery service.



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