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: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: cpt :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: empanelment :: VAT RATES :: VAT Audit :: list of goods taxed at 4% :: ACCOUNTING STANDARD
 
 
News Headlines »
 Section 35 of the Income-tax Act?
 Notification regarding extension of last date w.r.t submission of closing stock by dealer.
 Integrated Goods and Services Tax (IGST) Rules, 2017 (As on 15.11.2017)
 Central Goods and Services Tax (CGST) Rules,2017 (As on 15.11.2017)
  101st Constitution Amendment Act, 2016
 Pr. Commissioner Of Income Tax-6 Vs. Mccain Foods India Pvt. Ltd.
 Section 10 of the Income-tax Act, 1961
 Income tax returns filing: No tax on gift received from relatives in form of cash
 Income tax returns (ITR): Here is why you need to pay higher tax on other incomes
 GST Update On Issuance Of Debit Notes And Credit Notes
 How Mutual Fund Investments Can Help Save Income Tax

Auto Mission Plan seeks tax holidays to attract mega investments
January, 29th 2007

Prime Minister Manmohan Singh will release the final copy of the Auto Mission Plan 2006-2016 (AMP) on January 29, which envisages an investment of $35-40 billion in the auto industry over the next 10 years.

The Plan prepared by the ministry of heavy industries seeks a host of incentives for the industry to make India a hub for automobiles. The plan asks for tax holidays for automobile sector investments of more than Rs 500 crore. It also proposes tax deductions of 100% on export profits and deduction of 30% of net income for 10 years for new industrial undertakings.

One of the key recommendations of the plan is to introduce goods and services tax (GST) for the auto sector by 2009, when the entire country is expected to roll over into the GST regime. With the introduction of GST, the sector is expected to benefit as it will entail a possible removal of other taxes such as octroi.

On the infrastructure front, the plan proposes upgradation of port capacity to provide greater berthing facilities not only for cars and other four-wheelers but also two-wheelers. The AMP also proposes the development of Mumbai, Chennai and Kolkata as auto hubs.

The AMP also promotes the idea of captive generation plants to meet the growing power needs of the sector, which are expected to triple over the next 10 years from 1,990 mw to 6760 mw in 2015. The minister for heavy industries Santosh Mohan Dev and secretary RC Panda will represent the ministry at the event organised by SIAM and ACMA.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
System Testing Solution Manual Software Testing Solutions Automation Software Testing Solutions System Workflow Testing System Manual Testing

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