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: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: TDS :: VAT RATES :: VAT Audit :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: form 3cd :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: empanelment
« Budget Extravaganza »
 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
 Five things that you can expect from the Mumbai civic budget today
 GST all set for July 1 rollout but casts shadow on state budgets
 Income-Tax collection revised in Rajasthan budget
 No new taxes likely in Maharashtra Budget
 H.P. budget devoid of any financial prudence
 GST, demonetisation todecide budget priorities
 Railways to come up with mini-budget tomorrow

Walking the tightrope ahead of Feb 26
February, 11th 2010

Budget watchers are keenly awaiting the governments take on the proposed comprehensive indirect taxes reforms. Finance ministry insiders say that the item is on top of Pranab Mukherjees agenda, but they are not willing to hazard risk on whether he will go ahead and announce a timeline for the rollout of goods and services tax (GST).

The ministry is keen to launch it from October, after it became clear that the initial deadline of April 1, 2010 will not be met. The GST seeks to create a pan-India market by subsuming all state taxes such as value added tax, entertainment tax, luxury tax, purchase tax, entry tax and central taxes like excise duty, service tax, countervailing duty and special additional duty.

A disagreement between the Centre and states is holding back the GST rollout. The Centre is keen on rolling it out in October, while states want to postpone it to next financial year. A little bird tells us that the minister may make a statement in his budget speech on the United Progressive Alliance governments commitment to this reform, but will not mention the new date.


The finance ministry is giving a serious thought to the petroleum ministrys proposal to tweak the investment-linked tax incentive for gas pipelines to make it industry friendly.

A tax holiday was announced in the last budget subject to certain conditions that included allowing a third of the total pipeline capacity for common carriage. This condition has been imposed for pipelines that carry natural gas, crude and petroleum products.

The oil ministry wants the finance ministry to relax the condition, bringing down the quota to a fourth, in line with the Petroleum and Natural Gas Regulatory Boards recommendations. Since, the proposal does not really involve any tax giveaways, and only seeks to boost creation of energy infrastructure in the country, it may find favour with finance ministry mandarins.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Web Application Development Web based Software Solution Web Application Deployment Web Application Solutions Web Application Software Development Web Application Deployment Web Application Programming Web Application Design and Development

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