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TN appealed to provide tax exemption to food processing (07 Mar 2010)
Union Minister of Food Processing Industries Subodh Kant Sahai has appealed to the Tamil Nadu Government to provide tax exemption to food processing in the State.
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Budget 2010-11: Budget carries forward reforms in tax administration (27 Feb 2010)
Carrying forward the process of reforms in tax administration in the country, the initiative Sevottam- centralised processing centre for IT returns- which was launched as a pilot project at Pune, Kochi and Chandigarh, will be extended to four more cities this year.
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Budget 2010-11: Finance Minister aims at double digit growth in the near future (27 Feb 2010)
The Union Budget for 2010-11 presented by Finance Minister Pranab Mukherjee aims to achieve a double digit inclusive growth in the near future by ensuring food security, improving investment climate, strengthening infrastructure and fiscal consolidation.
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Industry asks govt to continue stimulus measures for high growth (26 Feb 2010)
India Inc today urged the Central Government to continue with the incentives, provided in the stimulus packages, in the Union Budget in order to ensure high growth.
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TFC ensures states would get 32 pc of net central taxes: Finance Minister (25 Feb 2010)
Finance Minister Pranab Mukherjee averred to the fact that the 13th Finance Commission Report will result in greater transfer of resources to the states with their share of Net Central Taxes going up to 32 per cent, an increase of 1.5 per cent.
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States to be deprived by 32 pc share of central taxes: WB Finance Minister (25 Feb 2010)
West Bengal Finance Minister Ashim Dasgupta said states would be 'deprived' by the 13th Finance Commission Report recommending transfer of resources to the states with their share of central taxes up to 32 per cent.
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UP govt to give major tax incentive to traders (25 Feb 2010)
In a significant decision, Uttar Pradesh has announced major tax incentive to manufacturer-exporters of the state to boost export growth out of the country.
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A Budget of consolidation on anvil, curbing fiscal deficit priority (24 Feb 2010)
Riding high on the success of Indian economic development model, Finance Minister Pranab Mukherjee will unveil the Budget 2010-11 which will send a clear message that populism will not be pursued at the expense of weakening the fiscal base.
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Corporate sector expects greater clarity on implementation of IFRS (24 Feb 2010)
The Indian corporate sector expects greater clarity on the implementation of International Financial Reporting Standards very soon as about 500 companies await transition to IFRS from the Indian Generally Accepted Accounting Practice (IGAAP).
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IT official probing Madhu Koda scam shifted petition filed seeking stay (20 Feb 2010)
Director (Investigation) Income Tax Ujjal Chaudhury, looking after the investigation into the huge scam involving former chief minister Madhu Koda, has been made Commissioner Central IT.
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