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: list of goods taxed at 4% :: VAT RATES :: Central Excise rule to resale the machines to a new company :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: empanelment :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: form 3cd :: ACCOUNTING STANDARDS :: TDS
 
 
Budget Extravaganza »
 Budget advancement helps Centre, states start spending early
 Five things that you can expect from the Mumbai civic budget today
 GST all set for July 1 rollout but casts shadow on state budgets
 Income-Tax collection revised in Rajasthan budget
 No new taxes likely in Maharashtra Budget
 H.P. budget devoid of any financial prudence
 GST, demonetisation todecide budget priorities
 Railways to come up with mini-budget tomorrow
 Budget today, but GST kills the tax suspense
 Budget 2017 does little to expand taxpayer base, salaried still bear brunt of taxes
 Six things Finance Minister did not tell you in Budget 2017

Need to balance economic growth and fiscal deficit: Mukherjee
December, 31st 2009

Union Finance Minister Pranab Mukherjee said here on Wednesday that India needs to strike a balance between economic growth and cutting fiscal deficit.

Interacting with media here, Mukherjee said: "We shall have to strike a balance between the requirement of the economy and also the capacity of the economy to bear this level of fiscal deficit."

The country's fiscal deficit is estimated at 6.8 percent of the Gross Domestic Product for the current fiscal, higher than the previous year's 6.2 percent, as the government cut tax rates and boost spending.

Commenting on the 13th Finance Commission's report Mukherjee said the report would be reflected in the budget session.

"Tabled in the Parliament as usual there is a system. It will be getting reflected in the budget after that," Mukherjee said.

The Finance Commission's report is very important as it includes several reforms in both direct and indirect taxes.

The Government has deferred the rollout for a Direct Taxes Code till 2011 but the Goods and Services Tax, which is the proposed reform in indirect taxes, will be released in April 2010.

The economy grew at 6.7 percent in 2008--09, slower than nine percent or more in the previous three years.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

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