All fresh cases arising out of the retrospective amendments of 2012 in direct transfers will be scrutinized by High level committee to be constituted by the CBDT before any action is initiated in such cases. Announcing this during his Budget Speech i
Government has proposed certain legislative and administrative changes with a view to reduce litigation in direct taxes. Announcing this in his maiden Budget Speech in the Parliament today, the Union Finance Minister Shri Arun Jaitley said that resid
Government committed to achieve fiscal deficit of 4.1% for 2014-15.Subsidy regime to be made more targeted for full protection toThe marginalized, poor and sc/st.Government to promote fdi selectively in sectors.Rs 1000 crore provided for "pradha
In a fast changing world, financial policy has to catch up with the needs of future India that people are aspiring to build. The Economic Survey 2013-14 mentions that the next wave of reforms will be through strengthening the institutional foundation
GST to be a Major Milestone for Indirect Tax Reform DTC required as a Clean Modern Replacement for existing it laws In a non-market economy, in addition to laws, taxes and subsidies are used for encouraging or discouraging activities that the central
Highlights of Economic Survey 2013-14 CHAPTER 1: STATE OF THE ECONOMY AND PROSPECTS Economy to grow in the range of 5.4 5.9 per cent in 2014-15 overcoming sub-5 percent growth. Growth slowdown was broad based, affecting in particular the in
The Minister of Railways Shri D. V. Sadananda Gowda, while presenting the Railway Budget for 2014-15 in Parliament today, said that the financial position of Railways has undergone a change since presentation of Interim Budget and passing of the &lsq
Highlights of The Railway Budget 2014-15 Detailed information has been attached herewith
Accounting Technician Certificates issued in the month March, 2014 Detailed information has been attached herewith
Standard Operating Procedure on filing of Appeals/Special Leave Petitions(SLPs) by the Income Tax Department in the Supreme Court and related matters: instructions regarding- Revised Proforma B to Instruction No.4/2011 dated 09.03.2011 Detailed infor
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