Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: form 3cd :: articles on VAT and GST in India :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: VAT RATES :: cpt :: TDS :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment
 
 
News Headlines »
  I-T department asks taxpayers to update their information on e-filing portal
  How to check income tax refund status
 GST panel to consult MSMEs in October end to further ease tax rigour
  How to check income tax return status
 Been Served a Notice by the Income Tax Department? Here’s How You Can Respond
 Seeks to amend the CGST Rules, 2017 - 45/2017 - Central GST (CGST)
 Government provides clarity on tax rate
 Processing of returns in Form ITR-I under section 143(1) of the Income-tax Act, 1961
  Filing of Reconciliation return in form 9 for the year 2016-17
  Today is last date for filing GSTR-1 forms for July; govt rules out further extension
 Today is last date for filing GSTR-1 forms for July; govt rules out further extension

Tax code proposals open to discussions: FM
October, 23rd 2009

The government has identified seven critical areas of concerns, including taxation of retirement benefits, in the draft Direct Taxes Code and proposals are just "illustrative" and open to discussions, Finance
Minister Pranab Mukherjee has said.

There is no need to think that a decision has been taken as these proposals are only "illustrative" and open for discussions, Mukherjee said.

The government plans to implement the Code from 2011-12 after addressing all concerns relating to controversial proposals like taxation of retirement savings, weeding out incentives for housing loans and changes in the Minimum Alternate Tax (MAT).

Giving the roadmap for the Code that will replace the Income Tax Act
of 1961, he said, "It will be implemented from 2011. So, the finance bill of 2011-12 would be appropriate."

The government would consider suggestions related to the seven identified critical areas of concern, before giving it the final form.

The critical areas of concern include shifting the base for computation of Minimum Alternate Tax (MAT) from book profits to assets, capital gains taxation in case of non-residents, double tax avoidance agreements, General Anti-Avoidance Rules (GAAR), taxation of foreign companies, taxation of charitable institutions, and shift to EET system for taxation of savings.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Careers

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions