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
Latest Expert Exchange
News Headlines »
 Here’s all you need to know New Income Tax return for salaried class available on IT portal
 What to do if you missed the (second) tax deadline
 Income-tax (5th Amendment) Rules, 2018 - Notification under section 9A (3) of the Income-tax Act, 1961 in respect of Fund Manager Regime
 Income Tax department warns salaried class again filing wrong ITRs
 ITR-1 form for AY 18-19 now available for e-filing
 New Income Tax Return Form for Salaried Class available in Portal
 Income Tax Return: ITR-1 ready for e-filing, says I-T department
 6 Tax changes you need to keep in mind while filing ITR for FY17-18 Income Tax Return efiling
 Income-tax (5th Amendment) Rules, 2018
 Last-minute tax tips for late filers
 What demonetisation did to tax collections

20% rise in VAT collection in Bengal
November, 02nd 2006

The West Bengal Finance Minister, Dr Asim Kumar Dasgupta, today said that the State had witnessed 20 per cent growth in value added tax (VAT) collection during the first half of the current fiscal.

Collection of excise duty has grown by 26 per cent during the first half against a historic growth rate of eight per cent. "The higher growth rate was achieved without fresh addition to liquor licences and primarily by checking the leakages from the system," he said, addressing the members of Bengal National Chamber of Commerce and Industry (BNCCI).

"During the last one-and-a-half years we have not taken overdraft even for a single day," Mr Dasgupta said emphasising the improvements in State finances.

The State Government is aiming to step up the Planned budgetary allocation from the existing Rs 8,000 crore to Rs 20,000 crore in phases.

The aim is to step up the State domestic production (SDP) growth rate from 7.4 per cent to nine per cent in five years. While a higher growth rate is targeted for all the major components of SDP, including agriculture, industry and services, the finance minister expects small and medium enterprises (SME) to play a significant role in this growth story. A total of seven lakh additional jobs are expected to be created.

To enhance the growth of agriculture sector, irrigation coverage will be increased from 71 per cent to 80 per cent. Efforts are under way to set up a total of 42 multi-purpose cold storages within a year.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Web Application Development Web based Software Solution Web Application Deployment Web Application Solutions Web Application Software Development Web Application Deployment Web Application Programming Web Application Design and Development

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