Income Tax News
Direct tax collections register 7.5 per cent growth upto February
04 March 2010 at 18:53Net direct tax collections during first eleven months of the present fiscal (up to February 2010) stood at Rs.2,78,373 crore, up from Rs.2,58,902 crore in the same period last fiscal, registering a growth of 7.52
ICAI -Overview of the Direct Tax Provisions in The Finance Bill 2010
27 February 2010 at 18:07Overview of the Direct Tax Provisions in The Finance Bill 2010
ICAI welcomes the Union Budget
27 February 2010 at 10:16ICAI welcomes the Union Budget presented by the Hon’ble Finance Minister Shri Pranab Mukherjee, which can
Additional one per cent interest subvention to farmers
26 February 2010 at 17:42Additional one per cent interest subvention to farmers REPAYMENT PERIOD OF LOAN BY FARMERS EXTENDED BY SIX MONTHS ENERAL BUDGET: 2010-11 Shri Pranab Mukherjee, Union Finance Minister, while presenting the Union Budget in Lok Sabha today, informed
37 Per cent of total plan outlay for 2010-11 earmarked for social sector
26 February 2010 at 17:4037 Per cent of total plan outlay for 2010-11 earmarked for social sector APPROPRIATE BANKING FACILITIES FOR HABITATIONS WITH POPULATION ABOVE 2000 AUGMENTATION OF RS.100 CRORE EACH FOR FINANCIAL INCLUSION FUND AND FINANCIAL INCLUSION TECHNOLOGY FUN
1 PER CENT INTEREST SUBVENTION FOR HOUSING LOAN UP TO RS. 10 LAKH EXTENDED UPTO MARCH 31, 2011
26 February 2010 at 17:37Allocation for Rajiv Awas Yojana enhanced to Rs. 1270 crore from last year’s Rs. 150 crore 1 PER CENT INTEREST SUBVENTION FOR HOUSING LOAN UP TO RS. 10 LAKH EXTENDED UPTO MARCH 31, 2011 GENERAL BUDGET 2010-11 The Finance Minister, Shri Pranab
Fiscal deficit pegged at 5.5 per cent
26 February 2010 at 17:36Fiscal deficit pegged at 5.5 per cent ROLLING TARGETS FOR 2011-12 AND 2012-13 TO BE 4.8 AND 4.1 PER CENT AN INCREASE OF 8.6 PER CENT ENVISAGED IN THE TOTAL EXPENDITURE IN 2010-11 GENERAL BUDGET 2010-11 Returning on the path of fiscal consolidatio
Service Tax to be retained at 10%
26 February 2010 at 17:35Service Tax to be retained at 10% CERTAIN NEW SERVICES TO BE BROUGHT WITHIN SERVICE TAX PURVIEW. LEGISLATIVE CHANGES TO PLUG REVENUE LEAKAGES TO REMOVE DISTORTIONS AND TO CLARIFY CERTAIN DOUBTS. PROCESS OF REFUND OF ACCUMULATED CREDIT TO EXPORTERS
Substantial relief to individual tax payers
26 February 2010 at 17:34Substantial relief to individual tax payers GENERAL BUDGET 2010-11 In the General Budget 2010-11 presented by the Finance Minister Shri Pranab Mukherjee in the Lok Sabha today, the income tax slabs for individuals have be
CENTRAL EXCISE ON PETROL & DIESEL RAISED BY RE. ONE PER LITRE
26 February 2010 at 17:26Rate reduction in Central Excise duties partially rolled back AD-VALOREM ON NON PETRO PRODUCTS & CARS INCREASED BY 2 PERCENT CENTRAL EXCISE ON PETROL & DIESEL RAISED BY RE. ONE PER LITREGENERAL BUDGET 2010-11 In the Union Budget 2010
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