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: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: due date for vat payment :: VAT Audit :: empanelment :: cpt :: form 3cd :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: TDS :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: TAX RATES - GOODS TAXABLE @ 4%
Indirect Tax »
 All education loans do not get income tax benefits
 FM Arun Jaitley to focus on direct and indirect taxes
 Income Tax For Individuals – Assessment Year 2019–20
 States set separate dates to implement e-way bill
 What are direct and indirect taxes?
 Indirect transfer conundrum continues
 We expect significant changes in income tax slabs, say taxpayers
 Indirect taxes collection could fall short of target due to GST
 Indirect Tax Collection Under Gst Goes Down By 30 Percent
 What is a belated income tax return and what are its consequences
 Why rejig of financial year could upset your tax planning

Government may hike indirect tax rates like excise duty and service tax: D Kannan, MD, Kotak Securities
March, 03rd 2012

D Kannan, Managing Director, Kotak Securities

The FM will focus on the fiscal deficit, which has risen sharply for 2011-12. While higher allocations in the budget towards infrastructure, social initiatives and agriculture, are expected, increase in indirect tax rates like excise duty and service tax are also likely. Issues related to supply side bottlenecks and speedier implementation of the allocated budget are also likely to be addressed.

Also Check: Budget 2012 at ET | Union Budget | Rail Budget 2012 | Budget News

There are several reform initiatives which the Government has initiated outside the budget. And this budget is likely to take some of them ahead like FDI in multi-brand retail, Companies Bill, Competition Bill, Mining Bill, Banking Regulation Act and Power sector reforms among others. A show of intent on these counts could potentially feed a strong positive sentiment to the market.

"The month of February has been an exciting one with the Indian markets largely sustaining the momentum gathered in January. Keeping the sentiment alive were the positive global cues and anticipation of further liquidity flows due to the easing in Europe. In India, the expectations of a softer interest rate regime helped sustain the momentum. However, the rally was snapped by rising oil prices, a lower-than-expected 3Q GDP number and likely risk aversion at higher market levels.

Moderate interest rates in FY13 and the optimism around the government earnestly taking up the reform agenda, make the medium-to-long term prospects of the market looks positive.

However, one must be careful about a few road blocks ahead. The state election results have to be favourable from the Government's perspective or else the optimism on reforms could wane. Moreover, the crude prices have to be watched closely as sustained high prices may lead to a deferment in rate cuts. These factors may lead to a pullback for the markets in the intermediate term. Developments in US and Eurozone also need to be watched closely as they drive the FII flows.

Overall, valuations have moved up from the lower end of the long-term range for the benchmark indices and one could use dips to accumulate stocks of companies having strong managements and balance sheets.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

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