Associated enterprises will now pay service tax based on accruals, instead of actual cash flow. Budget 2008-09 has proposed that…
To strengthen compliance under the tax deducted at source administration, Budget 2008-09 has proposed that the net for defaulters be…
For exporters reeling under the pressure of a surging rupee, Budget 2008-09 fails to bring any succour. The finance ministry…
Giving a blow to contractors, Budget 2008-09 has proposed that the service tax rate on the composite works contract scheme…
Finance minister P Chidambaram in Budget 2008-09 has introduced a number of measures to increase tax compliance through tax deducted…
Finance minister P Chidambaram?s tax opera seems to have come a full circle. His decision to levy a tax on…
The Budget proposal to empower income tax assessing officers to take action against defaulters without having to give reasons can…
Despite the sluggishness in manufacturing and a lower growth projection, along with additional spending due to projected rise in food…
Announcing tax holidays for hotels and hospitals in specified areas, Budget 2008-09 has remained silent on the issue of continuing…
With plans to upgrade all licensed coolies to Grade D employees and the anticipated upward revision in salaries, based on…
Till now, my strategy has been to carry large volumes at lower cost. The number of passengers was 6,688 million…
The virtual world of blogs, online discussion groups and message boards has suddenly erupted with a spate of Budget proposals…
Railway minister Lalu Prasad Yadav is not only trying to keep his vote bank intact but also his colleague P…
The railways are likely to continue to follow the mantra of ?increasing volumes and decreasing unit costs? in the upcoming…
The government is likely to begin the de-reservation process of 35 remaining items reserved exclusively for small-scale units, signalling an…
Budget 2008-09 is crucial in many respects. First it is the last budget for Team Chidambaram before going in for…
The dedicated freight corridor project is likely to get a massive push in the upcoming Rail Budget. If all goes…
The Customs, Excise Service Tax Appellate Tribunal ruled that service tax on commission paid by exporters to agents situated abroad…
