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: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: cpt :: TDS :: list of goods taxed at 4% :: form 3cd :: ACCOUNTING STANDARDS :: due date for vat payment :: articles on VAT and GST in India :: empanelment :: VAT Audit
 
 
General »
 While filing tax in India, NRIs do not have to report overseas assets
  Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
 SH. VISHWA NATH GUPTA Vs. PRINCIPAL COMMISSIONER OF INCOME TAX CENTRAL, KANPUR AND ANR.
 No tax scrutiny of big transaction if it matches income
 Clarification regarding applicability of Section 16 (1)(a) of the Companies Act. 2013 with reference to cases under corresponding provisions of Companies Act. 1956 -reg.
  Home loan tax reliefs often missed by taxpayers
 Income tax department launches online facility for linking Aadhaar and PAN
 Home loan tax reliefs often missed by taxpayers
 Tax headache in India is a bonanza for global accounting firms
 Activities To Be Treated As Supply Even If Made Without Consideration Under CGST ACT
  Haryana Goods and Services Tax Bill passed

Economy likely to grow at 8-8.5% in FY12: Deputy Chairman
May, 13th 2011

The Planning Commission today said the economy could expand by 8-8.5% this fiscal, but may not be able to achieve 9% growth under the current circumstances.

"I would definitely say 9% economic growth in 2011-12 does not look feasible. But anything above 8% would be pretty good by any standard," Planning Commission Deputy Chairman Montek Singh Ahluwlia told reporters here.

He said, "I think lowering (economic growth target) from 9% is very reasonable. RBI has actually lowered it to 8%. I think it could be better than 8% and 8.5% is not an unreasonable expectation."

Referring to Finance Minister Pranab Mukherjee's recent statement that the growth projection of 9% was made in January, Ahluwalia said, "since January there are many developments across the world and also there was some slowing down in the pace of industrial growth."

On the industrial growth numbers for March, he said, "(industrial growth of) 7.8% (in 2010-11) is not a big surprise.

It is roughly what we thought it would be. The important thing is that the monthly number have shown a significant improvement and that is very welcome."

The industrial growth has improved to 7.3% in March compared to 3.6% in February this year.

Referring to the moderation in food inflation to a 18-month low of 7.7%, Ahluwalia said, "Softening is something which we have expected...I do think that the inflation is on its way down."

Going ahead, he added, "I am hopeful that it (average inflation for 2011-12) may be around 6%."

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System development CMS development Content Management Solutions CMS Solutions Content Management Services CMS Services CMS Software

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