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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


FM to Inaugurate Tomorrow a two-day Conference on “Economic Policies for Inclusive Development”

November 30, 2010 276 Views 0 comment Print

Union Finance Minister, Shri Pranab Mukherjee will inaugurate a two-day International Conference on “Economic Policies for Inclusive Development” tomorrow. The Conference is being jointly organized by the Department of Economic Affairs, Ministry of F

New study to estimate size of black money

November 29, 2010 294 Views 0 comment Print

After a gap of 25 years, the government has set the ball rolling again for estimating black money in India as well as the causes of its generation and has sought proposals from national institutes on the subject. Finance Minister Pranab Mukherjee has asked four institutes to send their suggestions for undertaking a study to estimate the quantum and nature of unaccounted money in the country.

Constitutional amendment will not be discussed at next meet of State FM

November 26, 2010 501 Views 0 comment Print

The vexed issue of amending the Constitution for rolling out the new Goods and Services Tax (GST) may not come up in the next meeting of the Empowered Committee (EC) of state finance ministers on December 6 here.

President of India to Inaugurate Celebrations of Completion of 150 Years of C&AG tomorrow

November 16, 2010 228 Views 0 comment Print

The Institution of the Comptroller and Auditor General of India is completing 150 years of its existence. The Hon’ble President of India Smt. Pratibha Devisingh Patil will inaugurate the celebrations of completion of 150 years of this institution by

No appeal from tax department, if tax amount involved is less then threshold limit

November 13, 2010 309 Views 0 comment Print

Tax authorities will not take legal recourse in cases where the disputed amount is below a certain threshold, as the government looks to reduce unproductive litigation. The new rules are in sync with a national litigation policy that seeks to make the government an efficient and responsible litigant.

Government plans to keep watch on end use of foreign investment inflow

November 11, 2010 361 Views 0 comment Print

The government plans to keep a tight vigil on foreign investment inflows by making it mandatory for companies bringing in foreign equity to periodically disclose the end-use of such funds. The Economic Intelligence Council (EIC), led by finance minis

FM Appreciates RBI’s Monetary Policy Review

November 4, 2010 273 Views 0 comment Print

“There are times when all informed observers have a common view of what the imperatives of monetary policy are. In such times the RBI’s decision is easy. Today is not such an easy time. The signals from the economy have been mixed. Industrial growth

Exit from stimulus to be gradual- Finance minister Pranab Mukherjee

October 28, 2010 288 Views 0 comment Print

Expecting the country’s growth rate to strengthen further in the coming months, finance minister Pranab Mukherjee on Tuesday said the government would gradually withdraw fiscal stimulus measures undertaken since October 2008 to combat the adverse imp

Indirect tax collection may exceed target

October 28, 2010 246 Views 0 comment Print

The finance ministry expects to overshoot its indirect tax collection target by Rs 15,000 crore. For 2010-11, the government had set an indirect tax collection target of Rs 315,000 crore. “We may exceed our original target…It (indirect tax mop-up) co

Pranab Mukherjee bags the award for Finance Minister of the Year for Asia

October 12, 2010 270 Views 0 comment Print

India’s Finance Minister Shri Pranab Mukherjee has won this year’s award for Finance Minister of the Year for Asia. This year’s award is based on nominations from public and private sector economists, analysts, bankers, investors and other experts.

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