Deferment of provisions relating to General Anti Avoidance Rule (GAAR) The existing provisions of the General Anti Avoidance Rule (GAAR) introduced by the Finance Act, 2013 are contained in Chapter X-A (consisting of section 95 to 102) and section 144BA of the Act. Chapter X-A provides the substantive provision of GAAR whereas section 144BA provides […]
Such a stupid budget… Don’t give good education to your kids, coz it now costs more. Don’t go to good hospitals, as it’ll cost more. Welcome to obese India, gym costs more. IT enabled India is not for us, as internet and mobile cost more. Promote white money… Debit and credit card costs more. Trying to buy a house… Forget about it, you have still not saved enough or would be able to do it soon
The Finance Minister said: Kucch Toh Phool Khilaaye Hai Humne.. Kucch Aur Khilane Hai Dikkat Yah hai ki Raho mei Kae Kaante Purane hai On the other hand: 2015 Budget will further reignite our growth engine, signalling the dawn of a prosperous future. – Narendra Modi Prime Minister Narendra Modi lauded and applauded the Budget, […]