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Relief for Taxpayers in the Bracket of Rs.2 Lakh to 5 Lakh Tax Credit of Rs.2000 to Every Person with Total Income upto 5 Lakh
28 February 2013 at 13:26The Finance Bill 2013-14 proposes a relief of Rs.2000 to every person who has a total income upto Rs.5 lakh in a financial year. Presenting the Union Budget in the Lok Sabha today, the Finance Minister Shri P.Chidambaram said that 1.80 crore taxpa
Surcharge of 10 Per Cent on Persons with Taxable Income Exceeding Rs.1 Crore
28 February 2013 at 13:25The Finance Bill 2013-14 proposes a surcharge of 10 per cent on persons whose taxable income exceed Rs. 1 crore per year. This will apply to individuals, HUFs, firms and entities with similar tax status. Presenting the Union Budget in the Lok Sa
ICAI e-Journal (March 2013)
28 February 2013 at 10:17ICAI e-Journal (March 2013)
ICAI-President's Message - March 2013
28 February 2013 at 10:17It is my privilege as the 61st President of ICAI to formally welcome our accounting stakeholders that include our members, students and employees of the Institute.
Gross Tax Revenue in April-December 2012 Grows by 15% Over Corresponding of Previous Fiscal
27 February 2013 at 13:46The Economic Survey 2012-13 presented by the Union Finance Minister, Shri P. Chidambaram in the Lok Sabha today states that the Gross Tax Revenue in April-December, 2012 has grown year-on-year by 15% to reach Rs. 6,83,345 crore. This was higher th
Summary of Economic Survey
27 February 2013 at 13:45More than 6 Per Cent Growth Forecast for Next Fiscal Considerable Enhancement for Social Sector Spending India on Verge of Creating Quality Jobs to Seize ‘Demographic Dividend’ Indian economy is likely to grow between 6.1% to 6.7%
Highlights of Railway Budget 2013-14
26 February 2013 at 15:4826 new passenger services, 8 DEMU services and 5 MEMU services to be introduced Frequency of 24 trains to be increased 72 additional services to be introduced
RBI releases Guidelines for Licensing of New Banks in the Private Sector
23 February 2013 at 13:54The Reserve Bank of India today released on its website, the Guidelines for “Licensing of New Banks in the Private Sector”. Key features of the guidelines are: (i) Eligible Promoters: Entities / groups in the private sector, entities
PM's statement to the media at Parliament House on the start of the Budget session
22 February 2013 at 11:21Ladies and gentlemen, we are looking forward to a very productive, constructive session of Parliament. That is what our country’s people expect Parliament to do. We are meeting against the background of global slowdown of economic activity w
Government again Appeals to the Bank Employees not to join the Strike on February 20-21, 2013
19 February 2013 at 17:19The Central Government is disappointed to note that a section of the bank employees has decided to join the strike called by certain Trade Unions on February 20-21, 2013. Prime Minister of India has made an appeal to the Trade Unions not to go s
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