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Direct Tax Proposals in Budget 2014

   10 July 2014 at 15:07

Personal Income-tax exemption limit raised by Rs50,000/- that is, from 2 lakh to Rs2.5 lakh in the case of individual taxpayers, below the age of 60 yeaRs Exemption limit raised from Rs 2.5 lakh to Rs 3 lakh in the case of senior citizens.

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Enactment of Indian Financial Code Necessary for Better Governance and Accountability: FM

   10 July 2014 at 14:24

The Finance Minister Shri Arun Jaitley in his maiden Budget Speech advised financial sector regulators to take early steps for a vibrant, deep and liquid market. Shri Jaitley also proposed to extend a liberalized facility of 5% withholding tax to all

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Fresh Cases Arising Out of Retrospective Amendments of 2012 to be Scrutinised by High Level Committee: FM

   10 July 2014 at 14:24

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

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Legislative and Administrative Changes Proposed to Reduce Litigation in Direct Taxes

   10 July 2014 at 14:20

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

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Major Highlights - Union Budget 2014-15

   10 July 2014 at 13:54

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

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Next Wave of Financial Reforms to Strengthen Institutional Foundations for a Globalized India

   09 July 2014 at 18:11

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

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Highlights of Economic Survey 2013-14

   09 July 2014 at 13:37

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

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Financial Performance of Railways in 2013-14

   09 July 2014 at 11:05

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

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Highlights of The Railway Budget 2014-15

   08 July 2014 at 17:58

Highlights of The Railway Budget 2014-15 Detailed information has been attached herewith

Posted in Others  3 comments |   24660 Views


Multipurpose Empanelment Form 2014-15

   03 July 2014 at 12:29

Multipurpose Empanelment Form for the year 2014-15 is an on line application. Members can fill up the application form directly on the site itself and Submit it. Members can view the Application and can Edit the Application in different stages.Howeve

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