Others News

ICSI Welcomes the Union Budget 2014-15

11 July 2014 at 10:57

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA (ICSI) WELCOMES THEUNION BUDGET 2014-15 “The Institute of Companies Secretaries of India (ICSI) welcomes the Union Budget 2014-15.The budget proposals are conducive for the growth of India Inc and i

Posted in Others | 12366 Views

Budget Reaction 2014-15 :The Institute of Chartered Accountants of India (ICAI)

10 July 2014 at 19:25

Shri Arun Jaitley , Hon’ble Minister for Finance , Defence and Corporate Affairs presented Union Budget 2014 which is progressive & growth oriented Union Budget paving way for strong and vibrant India. CA.K Raghu, President, ICAI said, &ld

Posted in Others | 4 comments | 43419 Views

Personal Tax Exemption Limit Raised by Rs. 50,000

10 July 2014 at 16:38

Personal Tax Exemption Limit Raised by Rs. 50,000/- ; No Change in the Rate of Surcharge; 15% Investment Allowance to Manufacturing Companies, to Incentivize Small Entrepreneurs and Income from Foreign Portfolio Investors to be Treated as Capital Gai

Posted in Others | 1 comments | 23439 Views

Kisan Vikas Patra (KVP) Re-Introduced

10 July 2014 at 16:31

Kisan Vikas Patra (KVP) is being re-introduced to encourage people, who may have banked and unbanked savings to invest in this instrument. Announcing this during his maiden Budget Speech in the Lok Sabha today, the Finance Minister Shri Arun Jaitley

Posted in Others | 3 comments | 17742 Views

Key Features of Budget 2014-2015

10 July 2014 at 15:51

THE CURRENT ECONOMIC SITUATION AND THE CHALLENGES Decisive vote for change represents the desire of the people to grow, free themselves from the curse of poverty and use the opportunity provided by the society. Country in no mood to suffer un

Posted in Others | 14214 Views

Basic Custom Duties Reduced on Certain Items to Encourage Investment and Domestic Production

10 July 2014 at 15:51

To boost domestic manufacture and to address the issue of inverted duties, the General budget 2014-15 has reduced basic customs duty (BCD) on certain items. To encourage new investment and capacity addition in the chemicals and petrochemicals sector,

Posted in Others | 6981 Views

Indirect Tax Proposals in Budget 2014

10 July 2014 at 15:51

INDIRECT TAXES PROPOSALS To boost domestic manufacture and to address the issue of inverted duties, basic customs duty (BCD) reduced on certain items. To encourage new investment and capacity addition in the chemicals and petrochemicals

Posted in Others | 1 comments | 10998 Views

More Services Bought in the Service Tax Net, Indirect Taxes to Yield Rs.7525 Crore

10 July 2014 at 15:51

To broaden the tax base in Service Tax, sale of space or time for advertisements in broadcast media has been extended to cover such sales on other segments like online and mobile advertising. Announcing the tax proposals, the Finance Minister Shri Ar

Posted in Others | 7896 Views

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.

Posted in Others | 1 comments | 8934 Views

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

Posted in Others | 4188 Views