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Union Budget 2014 - Part II

UNION BUDGET 2014-15 Direct Taxes 1. No change in corporate tax rate. 2. No change in surcharge for all taxpayers 3. Education cess remains same for all taxpayers. 4. Insertion of new clause with ... CAclubindia, 2 days ago
Human and fiscal health pills Calcutta Telegraph, 1 week ago

The Budget aims for macro-economic stability with lower inflation

Budget 2014 was presented with a view to achieve macro-economic stabilisation which included lower levels of inflation, lesser fiscal deficit and a manageable current account deficit. The new government proposes to achieve this over the next three ...
 Smart Investor1 week ago

Union Budget 2014 - Indirect Taxation

In recent times, the law abiding assesses have to contend with large number of target based queries/notices, audits and summons generally high amount of tax terrorism. Infructuos demands [90-95% bound to fail as per revenue officers themselves ] in ...
 CAclubindia1 week ago

Tax Implication after Budget 2014

Hello Everyone, Here are certain tax implications after budget 2014. New Slab Rates 1) For Individuals HUF and Body of Individuals Up to 2,50,000 - Nil 2,50,001 - 5,00,000 - 10% ...
 CAclubindia1 week ago Taxation Aspects of Union Budget 2014  CAclubindia1 week ago

Capital goods: To have cascading effect on infra thrust

The focus of Union Budget 2014-15 on infrastructure development by addressing some of issues and giving an idea of directional approach along with boost for domestic manufacturing sector with clusters and tax incentives to have cascading effect on the capital goods industry. Budget Provisions PSUs will invest through capital investment a total sum of Rs  247941 crore in the current financial year. Propose to take up Ultra Mega Solar Power Projects in Rajasthan, Gujarat, Tamil Nadu, and ...
 Rediff.com1 week ago

Union Budget 2014-15: Good to begin with…

There was a feeling among certain sections of the market that bolder reforms were warranted given the strength of this government's mandate The most anticipated event after a record election victory is now behind us. Mr. Arun Jaitley's Budget speech ...
 India Infoline1 week ago

Hem Sec positive on banks, FMCG, Infra and power post Budget

The Union Finance Minister Arun Jaitley has presented his maiden Budget Speech in Parliament Thursday. Jaitley said the Government intends to usher in a policy regime that would bring the desired growth, lower inflation, sustained level of external ...
 MyIris1 week ago Budget 2014-15 OVERVIEW: Tax exemption limit increased to Rs 2.5 lakh; PPF deposit limit hiked  ZeeNews.com1 week ago Budget 2014-15 (OVERVIEW): Income Tax exemption limit raised to Rs 2.5 lakh  ZeeNews.com1 week ago

The SUPER Budget: Analysis

KEY HIGHLIGHTS: 1) Fiscal Deficit targeted at 4.1% for 2014-15 and to bring it to 3% by 2016-17. 2) GST to be introduced by the year end. 3) No retrospective amendments by this Government. 4) A new committee under CBDT to ...
 CAclubindia1 week ago

Budget 2014: Duty Rationalisation on Coal to Help in Dispute Redressal, Say Analysts

New Delhi : The government's proposal to rationalise duty on different grades of coal like steam will help in saving time on quality verification and dispute redressal among others, according to analysts. At present, coal attracts customs ...
 NDTV Profit1 week ago

BUDGET 2014: What is in it for you?

Jaitley's direct tax proposals are bound to bring some relief to millions of salaried employees who will gain from an increase in the income tax exemption limits to Rs2.5 lakh, while the limit under Section 80C has also been increased to Rs1.5 lakh ...
 Money Life1 week ago Indirect Tax Proposals in Budget 2014  CAclubindia1 week ago Direct and Indirect Tax Proposals in Budget 2014  CAclubindia1 week ago
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