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: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: Central Excise rule to resale the machines to a new company :: empanelment :: list of goods taxed at 4% :: VAT Audit :: TDS :: due date for vat payment :: articles on VAT and GST in India :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES
 
 
« Budget Extravaganza »
 Government should reinstate wealth tax in Budget 2017
 With demonetisation inducing tax compliance will PM Modi cut tax rates in Budget 2017?
 State plan budget utilisation in Odisha
 Maharashtra wants budget advanced to February
 Coastal economic zones may get 10-year tax exemption in next Budget
 Why advancing the Union Budget date may not make much difference
 Govt keen 2017-18 budget should not clash with polls: Arun Jaitley
 Finance Ministry seeks industry suggestions on taxation for Budget
 Budget should focus on fiscal firm up
 Finance ministry keen to present Budget on February 2 or earlier
 Poor railway performance may mar merged Budget

Leader of opposition says budget session is illegal
March, 18th 2010

The budget session of the state assembly starting on Thursday is illegal. So said the leader of opposition Eknath Khadse on Wednesday. To drive home the point, the opposition parties boycotted the customary eve-of-the-session tea party hosted by the government.

Khadse said that the session was illegal because the union government had not yet approved the resources and tools the state had planned to use to raise funds. In a budget session, the government has to submit a plan of the resources and tools through which it is going to raise funds. The plan must get the nod of the union government, before it is submitted in the house, he said. The state government has thrice sent the plan to the Centre for its approval, but is yet to get it. Unless the plan is approved, the session cannot begin.

The government has plans to present the state budget on March 25.

Speaking at a press meet held by the main opposition parties the BJP, the Shiv Sena and the Maharashtra Navnirman Sena Khadse accused the state government of being responsible for the bomb blast at German Bakery in Pune. This is not my opinion.

Union home minister P Chidambaram has himself said so. The government has not been able to find the masterminds of the blast even after a month. And nobody is ready to take responsibility for this failure, he said.

He said that action should be initiated against ATS chief KP Raghuvanshi if he had indeed said something which hampered the probe of Pakistans conspiracy to attack Mumbai.

The government has neglected Mumbais problems. There is acute water shortage in the city. There is no rationality in allotting floor space index to the city builders. The government has shamelessly supported the inflation. They have increased the VAT on 46 goods before the start of the session. This attempt to increase taxes at any cost cannot be justified, Khadse said.
Shiv Sena leader Subhash Desai said that his party will raise the issue of supplying cheap electricity to Mumbai. The Tata power company has announced that it will sell power in the open market. It means the consumers will have to pay more for electricity. We will oppose the move, he said.

The Vidarbha issue, however, split the BJP and the Sena wide open. While Khadse said that the BJP will demand the formation of Vidarbha state, the Sena asserted that it will oppose the move.

We stand by our policy of formation of small states. We will put in our views, and let the Sena put in theirs. It does not mean that there are differences in our alliance, Khadse said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multi-level Marketing MLM India Affiliate Marketing Affiliate Marketing Software MLM Software MLM Solutions Multi level marketing solutions MLM Servi

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