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pranab mukherjee

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Finance Bill 2012-13- Service Tax Highlights

Service Tax : Rate of Service Tax, Introduction of Negative List approach, Changes in Valuation Rules, CENVAT Credit Rules, Retrospective cha...

March 26, 2012 27219 Views 0 comment Print

Amendment proposed in Finance Bill/ Budget 2011 by Finance Minister

Income Tax : The finance minister retained most of his other proposals, providing only marginal relief to industries such as automobiles, garme...

March 24, 2011 811 Views 0 comment Print

New Direct tax Code will be Applicable from April 1, 2012 instead of April 1, 2011 , Download DTC Bill 2010

Income Tax : Direct Tax Code (DTC) Bill introduced in Lok Sabha on Monday, August 30,2010 by Finance Minister Mr. Pranab Mukherjee, Will now be...

August 30, 2010 1199 Views 0 comment Print

Government intends to introduce direct taxes code in next parliament session

Income Tax : Centralized processing centres for improving tax payer services in two more places. Union Finance Minister Shri Pranab Mukherjee h...

May 20, 2010 372 Views 0 comment Print

Budget 2011: The FM has his task cut out

Income Tax : Preparations for Finance Minister Pranab Mukherjee’s second full Budget under the Manmohan Singh government should be an area of...

January 6, 2010 747 Views 0 comment Print


Latest News


Auto Cancellation of Excise, Service tax Registration for non filing of Returns

Service Tax : Registration of a manufacturer will be cancelled automatically if excise duty returns are not filed for six months, as per the lat...

April 7, 2012 9748 Views 0 comment Print

Participatory Note holders not liable to pay tax in India – FM

Income Tax : Finance Minister Pranab Mukherjee today said that persons investing in stock markets through participatory notes, P-Notes, will no...

March 31, 2012 747 Views 0 comment Print

I-T department will not act like a policeman, DTC to to be made operational by 2013 -FM

Income Tax : The government on Sunday said it has no vindictive intention in retrospectively amending tax laws and has no plans to re-open a la...

March 25, 2012 666 Views 0 comment Print

Budget 2012 -Speech of Finance Minister Pranab Mukherjee

Finance : Last year I provided relief to individual taxpayers by enhancing the exemption limit as a move towards DTC rates. Although DTC wi...

March 16, 2012 1063 Views 0 comment Print

Form-16 FY 2011-2012 excel utility for upto 100 employees

Income Tax : Master Form-16 New FY 11-12 for Up to 100 Employees. Download File to Prepare Form 16 of upto 25 Employees with Indian Rupee Font...

February 8, 2012 9548 Views 0 comment Print


Latest Notifications


Inauguration of Income Tax Office at Chinsurah, West Bengal

Income Tax : Inauguration of Income Tax Office at Chinsurah, Dist-Hooghly, West Bengal by Honble Union Finance Minister Shri Pranab Mukherjee o...

December 8, 2010 3458 Views 0 comment Print

Cashless mediclaim facility will continue: Pranab Mukherjee

Corporate Law : Finance Minister Pranab Mukherjee on Monday allayed fears of withdrawal of the cashless mediclaim facility by public sector genera...

August 6, 2010 724 Views 0 comment Print

FM asks Insurance Industry to reach general masses

Corporate Law : The Finance Minister, Shri Pranab Mukherjee has asked insurance industry to give more focus to generate the required level of awar...

June 11, 2010 319 Views 0 comment Print


Govt to Reveal Black Money Holders’ Names after Cases Filed

February 13, 2011 297 Views 0 comment Print

The Centre today assured the Supreme Court that it would reveal the names of persons, who have stashed black money in foreign banks after registering a formal case against them. Solicitor general Gopal Subramanium, appearing before a bench headed by

Blackmoney issue-Now I-T officials to join OECD

February 11, 2011 279 Views 0 comment Print

After deciding to deploy revenue service officers at eight overseas Income Tax units, the government will now depute IRS officers to an international economic body OECD to enhance Indian capabilities in tackling money laundering, tax crimes and bribe

2G spectrum scam- Govt may finally agree to form JPC

February 10, 2011 306 Views 0 comment Print

Signals that Government may agree to formation of a JPC to probe the 2G spectrum scam emerged today after talks between government and the opposition to break the stalemate in Parliament ahead of the Budget Session. Coming out of the hour-long all-party meeting convened by Finance Minister Pranab Mukherjee, opposition leaders claimed there was consensus on the JPC issue and both the sides were keen that Parliament should function.

Stop looking for sops; Mukherjee to exporters

February 9, 2011 297 Views 0 comment Print

Ahead of the Budget, Finance Minister Pranab Mukherjee today said exporters will have to “fight” their own battle and stop expecting fiscal incentives from the government.

FM rules out giving names of black money holders abroad

February 9, 2011 294 Views 0 comment Print

Finance Minister Pranab Mukherjee on Saturday yet again ruled out disclosing names of those who have stashed away money in tax havens abroad. He disclosed to the media that of the 18 names of secret account holders in a bank in Liechtenstein notices

Govt has no magic lamp to control inflation- FM

February 6, 2011 186 Views 0 comment Print

Finance Minister Pranab Mukherjee today said steps have been taken to tame inflation but the government has no magic lamp to bring it down immediately. “You cannot expect that there is any magic wand or like Alladin’s magic lamp that you rub it and

Budget may have roadmap for new private banks

February 3, 2011 471 Views 0 comment Print

India is considering allowing new private sector banks, including those by industrial houses, and a roadmap for the same could be announced in the Union Budget to be presented later this month.While the formal and final guidelines regarding who should be allowed to set up new banks and what should be the terms and conditions would be announced by the Reserve Bank of India (RBI), a roadmap could be announced in the Budget speech on February 28 by Finance Minister Pranab Mukherjee, sources said.

Govt constitutes Panel to explore self disclosure of income

February 1, 2011 252 Views 0 comment Print

The government has constituted a group of experts to suggest measures to encourage tax evaders to disclose their unaccounted income voluntarily.The finance ministry’s move comes at a time when the country is debating a crackdown on black money.The la

No VDIS scheme for those who stashed black money abroad – Gove Clarifies

January 29, 2011 237 Views 0 comment Print

The government said it has no plans to bring out a tax amnesty scheme to lure black money stashed away in foreign accounts. The finance ministry made this submission before Parliament’s standing committee on finance.

Consensus on GST may take time Says Pranab Mukherjee

January 26, 2011 412 Views 0 comment Print

Finance minister Pranab Mukherjee today said the Centre is working at a “political level” with states for countrywide roll-out of goods and services tax (GST), but it may take some time to arrive at a consensus on the new indirect tax regime. “I am

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