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: cpt :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: empanelment :: form 3cd :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: VAT RATES :: TDS
 
 
News Headlines »
 How to save income tax? Here are 6 investments with tax free income
 10 Top salary deductions that can save tax for you
 What are the tax saving options beyond Section 80C?
 The penalties for not paying tax on time
 How to make your salary tax efficient
 I-T Department may go into overdrive this quarter
 Ways to reduce the TDS deduction from your salary
 4 Tips for choosing who prepares your 2017 Tax Returns
 Processing of income-tax returns under section 143(1) of the Income-tax Act which were filed in Forms ITR-1 to 6 & applicability of section 143(1)(a)(vi)
 Price Waterhouse gets 2-year ban in Satyam case
 How to save income tax under section 80C

'Finmin has the might to raise funds for Plan projects'
November, 08th 2006

Planning Commission deputy chairman Montek Singh Ahluwalia on Tuesday put the ball in finance ministry's court to organise adequate resources for funding all flagship programmes of the government during the Eleventh Plan period.

"We have high confidence in the finance ministry's ability to raise finances for the next plan," Mr Ahluwalia replied promptly when asked about ministry's reservations on maintaining high tax buoyancy during the next plan period on the sidelines of the Economic Editors' Conference.

In its comments on the approach of Eleventh Plan before a meeting of full Planning Commission, finance minister P Chidambaram suggested that maintaining tax buoyancy of 1.25% over a five-year period and a 12.5% annual growth in non-tax resources were difficult. The Plan document has assumed this level of buoyancy for maintaining an average growth of 9% during the Eleventh Plan.

While Mr Ahluwalia did not elaborate further on this, he said that number-crunching was still on before Eleventh Plan document was finalised and placed before the National Development Council (NDC) in December.

To another question, Mr Ahluwalia endorsed the human resource development ministry's stand for allocating 6% of GDP in the education sector and asked both the Centre and states to pool in more resources.

He, however, said that the HRD ministrys demand was nothing new and earlier the Kothari Committee too had asked for it. "The 6% figure is very old. It is a target which we still hope to achieve and want to do it as soon as possible," said Mr Ahluwalia adding that nothing has been finalised on the matter yet.

The deputy chairman said that the country needed $310bn investment in infrastructure sector to increase the baseline investment in the sector up from 4.7% of the GDP to 8%.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Article Management Solutions System Article Management Software S

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