Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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 INPUT TAX CREDIT IN VAT :: form 3cd :: Central Excise rule to resale the machines to a new company :: cpt :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: due date for vat payment :: TDS :: VAT RATES :: ACCOUNTING STANDARDS :: VAT Audit
« News Headlines »
 TDS on rent and other tax tasks to complete before March 31
 5 income tax changes which will come into effect from April 1, 2018
 Why you shouldn't be a last-minute tax filer
 How to calculate income tax for this assessment year on Moneycontrol
 6 Tax notices you may get and how to cope with them Income Tax Notice
 Deadline to pay advance tax ends tomorrow: Here is a step-by-step guide
  Central Goods and Services Tax (Second Amendment) Rules, 2018
 Income Tax Return Filing Deadline: Waiver On LTCG Tax To End On 31 March. Details Here
 Income tax returns (ITR) filing: Top mistakes that can be very costly
 Income Tax Return (ITR) filing: 6 last-minute things you can still do to save tax for FY17-18
 How to file Income Tax Returns online in 5 simple steps

Net direct tax receipts dip 13.4% in Dec
January, 08th 2009
With the ongoing economic slowdown affecting the profits earned by companies, the net direct tax collections growth remained in the negative territory for the second consecutive month in December. Initial estimates reveal net direct tax receipts dipped 13.4 per cent to Rs 52,749 crore in December 2008, compared with Rs 60,976 crore in December 2007. In November, the collections fell 36 per cent. Net direct tax collections refer to tax collections after refunds, but before transfer of states share in the central revenue. Thus, the direct tax collections for the nine months ended December 2008 have slowed down to 11 per cent as against 40 per cent growth during the corresponding period in 2007-08. Direct tax collections have to grow at a rate of 16 per cent to achieve the Budget target of Rs 3,65,000 crore in the current fiscal. The shortfall is likely to put pressure on fiscal deficit as the government has increased its spending as part of the stimulus package and has also foregone revenue by cutting taxes. Direct tax collections stood at around Rs 2,30,000 crore in the first nine months of 2008-09 as against Rs 2,06,029 crore in the corresponding period in the last fiscal, sources said. Already, the government is struggling with rising expenditure on account of the farm debt waiver scheme and implementation of the Sixth Pay Commission report. The RBI yesterday announced that the government would borrow a higher-than-expected Rs 50,000 crore in bonds between January 5 and March 31 this year, possibly to fill the gap due to anticipation of a lower-than-targeted tax collection.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

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