Community & General News

Introduction of Document Identification Number and facility

07 July 2009 at 12:13

Introduction of Document Identification Number and facility for electronic communicationIt is now well accepted that “tax administration is tax policy”. A tax administration designed to foster voluntarily complianceyields higher revenu

Posted in Community & General | 7392 Views

Enhancement of the limit for payment of wealth tax

07 July 2009 at 12:11

Enhancement of the limit for payment of wealth taxUnder the existing provisions of section 3 of the Wealth-tax Act, wealth tax is charged every year in respect of net wealth, onthe valuation date, of every individual, Hindu undivided family and co

Posted in Community & General | 2439 Views

FBT and Commodity Transaction tax abolished

07 July 2009 at 00:26

Fringe Benefit Tax and Commodity Transaction tax abolished NO CHANGE IN CORPORATE TAXES – MAT TO BE INCREASED TO 15% SUN-SET CLAUSES FOR DEDUCTION OF EXPORT PROFITS UNDER INCOME TAX TO BE EXTENDED BY ONE MORE YEAR DONATION TO ELECT

Posted in Community & General | 9 comments | 9135 Views

Key Features of Budget 2009-2010

06 July 2009 at 14:19

Key Features of Budget 2009-2010CHALLENGES* to lead economy to high GDP growth rate of 9 per cent per annum at the earliest* to deepen and broaden the agenda for inclusive development* to improve delivery mechanisms of the government. OVERVIEW O

Posted in Community & General | 5 comments | 18075 Views

Speech of Pranab Mukherjee Minister of Finance

06 July 2009 at 13:40

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Posted in Community & General | 2 comments | 5124 Views

Budget Highlights!!

06 July 2009 at 13:04

Mr FM quoted Mahatma Gandhi in his speechDemocracy is the art and science of mobilizing the entire physical, economic and spiritual resources of various sections of the people in the service of the common good of all. BUDGET 2009-10 CHALLENGES

Posted in Community & General | 6 comments | 11130 Views

Sensex down 130 points as FM begins Budget presentation

06 July 2009 at 12:18

Sensex down 130 points as FM begins Budget presentation High volatility in trading greeted the beginning of Budget presentation with the benchmark index Sensex on the Bombay Stock Exchange shedding more than 120 points wiping off handsome gains

Posted in Community & General | 3084 Views

Pranab to present General Budget for 2009-10 in LS today

06 July 2009 at 10:30

Pranab to present General Budget for 2009-10 in LS today Finance Minister Pranab Mukherjee will present the General Budget for 2009-10 in the Lok Sabha on Monday at 11.00 A.M. This will be the first general budget of the UPA government's second

Posted in Community & General | 3621 Views

Pranab to give final touches to General Budget 2009-10

05 July 2009 at 19:01

Pranab to give final touches to General Budget 2009-10 Union Finance Minister Pranab Mukherjee along with the ministers of state and Secretaries in his Ministry will give final touches to the General Budget 2009-10 at Finance

Posted in Community & General | 3285 Views

Summary of Economic Survey 2008-09

04 July 2009 at 16:53

Summary of Economic Survey 2008-09 ECONOMIC SURVEY2008-09 The Economic Survey 2008-09 presented to Parliament today by the Finance Minister Shri Pranab Mukherjee says, the speed at which the Indian economy returns to the high growth path in the

Posted in Community & General | 4350 Views