Union Budget 2011-12 - Direct Tax Proposals - Preliminary Highlights
Union Budget 2011-12 - ICAI View The Union Finance Minister has presented the budget for 2011-12 in the backdrop of growth of GDP @ 8.6% in 2010-11, contributed by a growth of 5.4% in agriculture, 8.1% in industry and 9.6% in services. The Ministe
President's Message - March 2011 Our first Prime Minister Shri Jawaharlal Nehru had said on the eve of the independence on 14th August, 1947, addressing the Constituent Assembly: We have hard work ahead. There is no resting for any one of
IT Initiatives: New Simplified form ‘Sugam’ to be introduced for small tax Payers - Steps initiated to Reduce tax Related Litigation The Union Budget 2011-12 has laid a special emphasis on reducing the compliance burden of small tax pa
IT Initiatives: E-Filing and E-Payment of Taxes, Web-based facility for tax Payers to track Resolution of Refunds - CBDT to Set up Eight more Aaykar Seva Kendras in 2011-12 Various tax initiatives have been taken in the Union Budget 2011-12 for
Process of Tax Reforms to be Expedited Presenting the Budget 2011-12 in the Parliament today, the Finance Minister Shri Pranab Mukherjee stressed that introduction of Direct Taxes Code (DTC) and Goods & Services Tax (GST) will result in mode
Point of Taxation Rules, 2011
Five-Fold Strategy to Deal With Black Money Presenting the General Budget 2011-12 here today, Shri Pranab Mukherjee, Finance Minister informed that to deal with the problem of generation and circulation of black money, the government has put int
Service Tax on Air Travel Raised The Union Finance Minister, Shri Pranab Mukherjee, while presenting the Union Budget for 2011-12, has announced that the Service Tax on air travel would be raised by Rs.50 in the case of domestic air travel and R
Exemption Limit for Individual Tax Payers Raised to Rs.1,80,000 Qualifying age for Senior Citizens Lowered to 60 Years Senior Citizens above 80 Years to Get Exemption upto Rs. 5,00,000 The exemption limit for the general category of individual
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