Service Tax : Rate of Service Tax, Introduction of Negative List approach, Changes in Valuation Rules, CENVAT Credit Rules, Retrospective cha...
Income Tax : The finance minister retained most of his other proposals, providing only marginal relief to industries such as automobiles, garme...
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...
Income Tax : Centralized processing centres for improving tax payer services in two more places. Union Finance Minister Shri Pranab Mukherjee h...
Income Tax : Preparations for Finance Minister Pranab Mukherjee’s second full Budget under the Manmohan Singh government should be an area of...
Service Tax : Registration of a manufacturer will be cancelled automatically if excise duty returns are not filed for six months, as per the lat...
Income Tax : Finance Minister Pranab Mukherjee today said that persons investing in stock markets through participatory notes, P-Notes, will no...
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...
Finance : Last year I provided relief to individual taxpayers by enhancing the exemption limit as a move towards DTC rates. Although DTC wi...
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...
Income Tax : Inauguration of Income Tax Office at Chinsurah, Dist-Hooghly, West Bengal by Honble Union Finance Minister Shri Pranab Mukherjee o...
Corporate Law : Finance Minister Pranab Mukherjee on Monday allayed fears of withdrawal of the cashless mediclaim facility by public sector genera...
Corporate Law : The Finance Minister, Shri Pranab Mukherjee has asked insurance industry to give more focus to generate the required level of awar...
“I am delighted to be here for the 7th Annual India Investment Forum in this city which is the financial capital of the world and address this impressive gathering, of top ranking India focused investors, business leaders from corporate India, repres
These bonds can be issued by entities such as LIC , IDFC, IFCI or any other NBFC as classified by the RBI. Earlier in September, IFCI had issued these bonds on a private placement basis. Now, IDFC has decided to offer the first tranche of these bonds
The Finance Ministry will decide on whether to bring out yet another revised draft of the Constitutional Amendment Bill, needed for the roll out of the new indirect taxes regime GST, after it has received inputs from state finance ministers who are t
Union Finance Minister Sh. Pranab Mukherjee said that Central Government is committed to give our Public Sector Enterprises (PSEs/PSUs) the necessary flexibility and autonomy to operate effectively in a competitive environment. The Financre Minister
Union Finance Minister Shri Pranab Mukherjee has asked all the banks to over perform to achieve their targets so that by 2011, all habitations of 2000 population and above get the facility of a bank and related financial services. Earlier this target
Union Finance Minister Pranab Mukherjee on Wednesday said the estimates of 8.8 per cent GDP growth released on Tuesday could be revised if inaccuracies are found in computation.
Concerned over Rs 38,000 crore in tax revenue being locked up in legal disputes, Finance Minister Pranab Mukherjee today asked the authorities to step up efforts to realise the taxes. “Rs 28,046 crore is blocked in appeal before CIT (Appeal) and Rs 10,010 crore before Income Tax Appellate Tribunal (ITAT),” Mukherjee said after meeting Revenue Department officials here.
Finance Minister Pranab Mukherjee asked on Wednesday commissioners of the income tax departmentand customs to focus on low growth in service tax, the high level of arrears and amounts locked in litigation and adjudication.
The government is confident the proposed Direct Taxes Code (DTC) will increase the income tax base, which currently stands at around 3.25 crore, as well as boost economic growth and equity. “We do hope that tax base will widen… Minimum exemptions will lead to higher tax-GDP ratio,” Revenue Secretary Sunil Mitra said here.
Union Finance Minister, Shri Pranab Mukherjee has asked the insurance companies to create awareness among the poor and vulnerable section of the society especially the people living in rural areas so that they can avail the benefits of financial services. He further said that they may be informed about the benefits of the life insurance and insurance against natural calamities.
