Surcharge of 10% on personal income tax removed
Highlights of Budget 2009
Page no : 4
SSG
(1936 Points)
Replied 06 July 2009
Minimum alternate tax increased to 15% from 10% of book profit
Vivek Jarial
(Student)
(272 Points)
Replied 06 July 2009
ustoms Duty to be reduced on drugs for heart treatment
CA Devanshi Gandhi (Ajani)
(FCA DISA Mcom CIFRS & LLB)
(9060 Points)
Replied 06 July 2009
senior citizen is 240000
Vivek Jarial
(Student)
(272 Points)
Replied 06 July 2009
10 per cent surcharge on personal income tax removed
CA Amit Kumar
(C.A., CWA Final)
(251 Points)
Replied 06 July 2009
| Originally posted by :CA Nikita | ||
| " | Fund alloction for urban poor accommodation is 3,973,000 cr JNNURM allocation hiked by 87 per cent NHAI allocation up by 23 per cent Hike infrastructure investment to over 9% of GDP by 2014 IIFCL will refinance 60% of commercial bank loans in PPP IIFCL will look at new projects IIFCL will also look at incremental lending by banks New company IIFCL to look at infrastructure needs Two worst quarters since September slowdown behind us Signs of revival in the domestic industry /budget09 |
" |
Attached File : 48 budget highlights.pdf downloaded: 211 times
CA Ravi Pahlani
(B.Com, M.Com ,CA )
(29 Points)
Replied 06 July 2009
hi friends,
FM states some points on taxation of transfer pricing ,
can someone clarify that.
Vivek Jarial
(Student)
(272 Points)
Replied 06 July 2009
The Finance Act, 2008 introduced the Commodity Transaction Tax (CTT) to be levied on taxable commodities transactions entered in a recognized association. The Prime Minister's Economic Advisory Council has recommended abolition of the CTT. I, therefore, propose to abolish the Commodity Transaction Tax.
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