Slew of Measures Proposed to Deter Generation and Use of Unaccounted Money Tax Collection at Source on Cash Purchase of Bullion/Jewellery Above Rs. 2 Lakh Tax Collection at Source on Trading in Coal, Lignite and Iron Ore Unexplained Money to be
Rate of Withholding Tax on Interest Payments on ECBs Proposed to be Reduced to 5 Per Cent From 20 Per Cent Restriction on Venture Capital Funds to Invest in Specified Sectors Removed Rate of Investment Linked Deduction of Cap
Exemption Limit for Individual Taxpayers Raised to Rs. 2 Lakh Upper Limit of 20 Per Cent Tax Slab Raised to Rs. 10 Lakh Deduction up to Rs. 10,000 Proposed for Savings Bank Interest Senior Citizens not Having Income from Business Exempted from Pay
Model Legislation for GST on the Anvil National Information Utility to be Operational by August The Union Finance Minister ShriPranab Mukherjee today expressed firm commitment to enact the Direct Taxes Code (DTC) Bill at the earliest, after exp
BUDGET IDENTIFIES FIVE OBJECTIVES RELATING TO GROWTH, INVESTMENT, SUPPLY BOTTLENECKS, GOVERNANCE, AND REMOVING MALNUTRITION AMENDMENT TO FRBM ACT INTRODUCED AS PART OF FINANCE BILL CENTRAL SUBSIDIES TO BE KEPT UNDER 2 PER CENT OF GDP; TO BE F
Budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters GDP growth to be 7.6 per cent (+ 0.25 percent) during 2012-13
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Companies Bill, 2011 provides for more detailed requirements in the form disclosures/declarations to be made by companies, and their
The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Lok Sabha that the Limited Liability Partnership Act, 2008 (LLP) which came into effect from March 31, 2009, provides for any individual or body corpor
Shri R.P.N. Singh, Minister of State for Corporate Affairs has emphasized upon public friendly Accounting. Inaugurating the three day long 53rd National Cost Convention of Cost and Management Accountants (CMA) for the year 2012 organised by the In
The big story of the last decade for India has been its arrival on the global scene and there was no looking back from the first years of the first decade of the 21st Century. The Economic Survey 2011-12 tabled by the Finance Minister, Shri Pranab
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