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
Latest Expert Exchange
ITAT-Constitution of Benches »
 Income Tax Appellate Tribunal Pune Benches Pune Cause list for Bench "B"for the week ending 25/05/2018
 Income Tax Appellate Tribunal Bangalore Benches Bangalore Causelist For The Week From 21/05/2018 To 24/05/2018
 Income Tax Appellate Tribunal, Hyderabad Benches, Hyderabad. Cause List Of Cases Posted Before A-Bench (Db ) 21.05.2018 To 25.05.2018
 Income Tax Appellate Tribunal: Mumbai Benches : Mumbai Constitution of Kolkata Benches from 21/05/2018 To 25/05/2018
 Income Tax Appellate Tribunal: Kolkata Benches : Kolkata Constitution of Kolkata Benches from 21/05/2018 To 24/05/2018 (25 may 2018 M.A.Day )
 Income Tax Appellate Tribunal : Bangalore Benches : Bangalore Constitution for the week from 14/05/2018 To18/05/2018.
 Income Tax Appellate Tribunal : Kolkata Benches : Kolkata Consolidated List Of Orders Ready For Pronouncement On 16/05/2018.
 In The income Tax Appellate Trinal, jaipur Benches Jaipur Tribunal orders ready for Pronouncement Before shri Vijay Pal Rao Honble JM And rhri Vikram singh yadav Honble A.M. on 14/5/2015
 Income Tax Appellate Trinal, Murnbai Consolidated list of orders ready for Pronouncement on 16.05.18
 Income Tax Appellate Tribunal Ahmedabad Benches , Ahmedabad S/shri Rajpal Yadav, Jm & Pradip Kumar Kedia, Am Causelist For Bench 'A' 14/05/2018
 Income Tax Appellate Tribunal Kolkata Benches , Kolkata Causelist For Bench 'A' Sub : Cause List For The Period From 14-05-2018 To 17-05-2018 (18-05-2018 Is M.A. Day)

Arun Jaitley against higher income tax rate to raise revenue
January, 19th 2015

Ahead of his first full fledged budget, Finance Minister Arun Jaitley today said that the NDA government was against raising revenue by imposing higher taxes, instead it would want to leave more money in the hands of consumer to fuel demand and growth.

The minister also pledged to make the budgetary process more transparent so as to present the real picture of public finances before the people.

"High taxation is not the only route to achieve the target of larger revenue ... we are not going to take this route," Jaitley said while speaking at a function of private news channel.

He was replying to a question whether it was possible to increase the income tax payer base from from 3.5 crore to 15 crore.

"We believe that the consumer should have money in hand and by spending that money, production will increase and the country will be benefited," the minister said.

The government raised income tax exemption limit from Rs 2 lakh to Rs 2.5 lakh in the last budget, he said.

Jaitley will present his first full fledged budget in the Lok Sabha next month.

He further said that competitive, non-adversarial and stable tax regime was necessary to attract foreign investors who have various options available to them.

The minister said that public spending would be necessary in the initial phase to revive the economy which had suffered during the UPA regime.

Referring to the spate of functions organised by different states to attract investment, Jaitley said that Prime Minister Modi has successfully brought development agenda on track.

He said the investors will go to states which would offer them better business environment.

Gujarat, Rajasthan, Madhya Pradesh and Trinamool Congress-ruled West Bengal had recently organised various business summits to woo investors.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Organic SEO Outsourcing Organic Search Engine Optimization Outsourcing Organic Website SEO Organic SEO India Website SEO India Organic Search Engine Optimization India Organic Internet SEO India Organic Web

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