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: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: TDS :: form 3cd :: cpt :: list of goods taxed at 4% :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: VAT RATES
« Budget Extravaganza »
 Govt may abolish dividend distribution tax in budget
 Budget making in the GST era: paradigm shift
 Budget 2018: Section 80C limit may be increased
 Middle Class Can Hope For A Big Tax Relief In Budget 2018-19, Says Report
 Startup investors seek abolition of angel tax in Budget 2018-19
 Budget 2018 must avoid the temptation to bolster government revenues myopically
 How GST has taken away the wind out of the Union Budget presentation
 Seeks to amend certain customs notifications in pursuance to change made in Budget 2017-18.
 New look finance ministry team to frame contours of Budget 2018
 How presenting the Budget early seems to be paying off already
 Budget advancement helps Centre, states start spending early

Budget on February 26
January, 11th 2010

The government will present the Union Budget for 2010-11 on February 26, two days ahead of the conventional date.

The budget will be presented on February 26, finance minister Pranab Mukherjee told reporters.

This year, February 28 is a Sunday while February 27 is a government holiday on account of Prophet Mohammads birth anniversary.

However, a final decision on the budget date will be taken by the cabinet committee on parliamentary affairs and approved by the Speaker of the Lok Sabha, Mukherjee said.

A day before the budget, the government tables the Economic Survey a health check on the state of the economy. The rail budget is likely to be presented on February 23 or February 24.

In its second term, the UPA government had presented its first budget in July last year after the general elections.

The finance ministry has already begun the exercise for the budget holding discussions with industry bodies amid the debate on whether stimulus measures should continue in the wake of the economy showing signs of recovery.

Mukherjee also said he was hopeful that growth could be around 8 per cent in the current fiscal against 6.7 per cent in the previous year.

The finance minister has asked the revenue department to make all efforts to achieve the revised direct tax target of Rs 4 lakh crore to compensate for the shortfall in indirect tax mop-up. The government had earlier set the target for 2009-10 at Rs 3.7 lakh crore

Till December, the department collected Rs 2.5 lakh crore. Officials said the indirect tax collections might fall short of the target by around Rs 22,000 crore this year on account of poor realisation of customs and excise duties.

The indirect tax kitty comprises customs, excise and service tax. The government had collected around Rs 2.81 lakh crore as indirect taxes in 2008-09.

The indirect tax collection, in the first seven months of the fiscal, shrunk over 21 per cent to Rs 1.26 lakh crore from Rs 1.61 lakh crore in the same period last year.

The government aims to earn Rs 6.4 lakh crore from both direct and indirect taxes in the current fiscal.

On goods and services tax, the finance minister said it would take seven to eight months for the government to bring in the legislation. It, thus, seems unlikely that the amendment to the tax structure will be tabled in the budget session of Parliament.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 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