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IT Initiatives: E-Filing and E-Payment of Taxes, Web-based facility for tax Payers to track Resolution of Refunds
28 February 2011 at 14:33IT 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
28 February 2011 at 14:31Process 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
28 February 2011 at 14:24Point of Taxation Rules, 2011
Five-Fold Strategy to Deal With Black Money
28 February 2011 at 14:11Five-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
28 February 2011 at 14:07Service 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
28 February 2011 at 13:50Exemption 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
Memorandum of Union Budget 2011
28 February 2011 at 13:45Memorandum of Union Budget 2011
Service Tax Provisions to be Rationalised
28 February 2011 at 13:41Service Tax Provisions to be Rationalised Rs. 4000 Crore Net Revenue Gain Through Service Tax Envisaged in 2011-12 Union Budget 2011-12 estimates to make net revenue gain of Rs. 4000 crore for the year by way of new Service Tax proposals. In ke
New Service Tax Structure a Step Closure Towards Proposed GST
28 February 2011 at 13:36New Service Tax Structure a Step Closure Towards Proposed GST Service Tax Regime on Hotel Accommodation, Restaurant Services Restructured Hotel accommodation, in excess of declared tariff of Rs. 1000 per day and service provided by air conditio
Union Budget 2011-12 Summary
28 February 2011 at 13:34Union Budget 2011-12 Summary ALLOCATION FOR SOCIAL SECTOR INCREASED BY 17% TO RS. 1,60,887 CRORE. ALLOCATION FOR BHARAT NIRMAN PROGRAMME INCREASED BY RS. 10,000 CRORE. PLAN ALLOCATION FOR EDUCATION HIKED BY 24% AND HEALTH BY 20%. ELIG
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