Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: VAT RATES :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: form 3cd :: list of goods taxed at 4% :: due date for vat payment :: empanelment :: cpt :: TAX RATES - GOODS TAXABLE @ 4%
 
 
« Customs and Excise »
 Ensure transparency in excise department working: Bizmen to government
 It is time to review the customs duty on essential food imports
 Migration to GST of existing Central Excise / Service Tax Assessees
 Rate of exchange of conversion of the foreign currency with effect from 3rd February, 2017
 Budgetary Changes In Customs
 Customs and excise officials upset with GST administration deal with states
 Higher petro excise props up govt tax kitty
 Seeks to further amend notification No. 02/2011-Central Excise dated 1st March, 2011.
  Rate of exchange of conversion of the foreign currency with effect from 21st October, 2016
 Rate of exchange of conversion of the foreign currency with effect from 21st October, 2016
 Seeks to amend Notification No. 27/2014-Central Excise

Cut excise duties, interest rates to drive demand: CII
November, 18th 2008

CII president and ICICI Bank chief executive KV Kamath has called for excise duty cuts to boost demand and tide over the current economic crisis. CII has also demanded that interest rates be reduced by a further 200-300 basis points to enable companies to access funds at easy rates as well as to promote consumer spend.

This is the first time in several years that the Indian industry has raised the demand for an across-the-board excise duty reduction, clearly signalling that it is bracing for tough times ahead. Cutting excise duties on products used by end consumers will help push the industrial wheel.

In his first term as finance minister, P Chidambaram accelerated growth by taking several initiatives on the direct tax front. The time has come to take a similar action on the indirect tax front as well, Mr Kamath told ET. Indirect tax collections fell last month and it remains to be seen how the government will respond to the excise duty cut suggestion in this backdrop

The CII president projected a GDP growth rate of 7-7.5% in FY08 but expects this figure to come down to 6-7%.
The industry is in the process of assessing the true impact of all the developments that have taken place in the past few months. I do not remember a situation where commodity prices have corrected so sharply or oil prices have fallen so steeply. The West is in a deep correction mode, and so are we, he said.

Mr Kamath said the overwhelming consensus at a recent meeting attended by CII members was that ongoing projects would not be shelved and would continue to be on stream.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System development CMS development Content Management Solutions CMS Solutions Content Management Services CMS Services CMS Software

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