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: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: list of goods taxed at 4% :: cpt :: TDS :: empanelment :: VAT Audit :: due date for vat payment :: VAT RATES :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD
 
 
News Headlines »
 Reforming the income tax tribunal
 How the new system might impact consumers and businesses
 10 ways you get benefited from filing your tax return
 Returns under CGST Act,2017 with Rules
 Ten facts to know about filing income tax return this year
 The Ten Commandments of Tax Filing
 How to claim income tax refund
 How to time your buys to have best of two tax regimes
 Here's why you must always check Form 26AS before filing tax return
 Want to file your income tax return after June 30? Having Aadhaar card is a must
 Timeline for filing of tax returns extended by two months

Withdraw dividend distribution tax
February, 25th 2008

The Finance Minister should consider abolishing 10 per cent surcharge on corporate tax and withdrawing the stiff 16.995 per cent dividend distribution tax, which is in addition to the corporate tax of 33.99 per cent.

We hope that the service tax paid on input services for export of IT and ITES would be refunded.

STPI scheme should be continued beyond 2009. FBT (fringe benefit tax) on ESOP should be abolished. The earlier scheme of taxation on ESOPs should continue or, alternatively, employees should be allowed to set off the FBT against capital gains tax on sale of shares or tax payable on total income.

N. Ramachandran, CFO, iGATE, Global Solutions

Do justice to the salaried class

Either revive standard deduction with maximum limit Rs 50,000 or grant adequate deduction for vehicle expenses, books and journals, cost of continuing education, entertainment expenses. Monetary limits for gratuity, commuted pension, house-rent allowance exemption should be revised upward keeping in view the inflation factor. Awards for innovation, creativity and best performance should be declared tax exempt.

Prof N.M. Khandelwaal, Director, Department of Management, Atmiya Institute Tech & Science, Rajkot.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - About Us

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