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: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: cpt :: Central Excise rule to resale the machines to a new company :: empanelment :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: due date for vat payment :: ACCOUNTING STANDARDS :: VAT RATES :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT
« General »
 India’s GST among most complex in world, and it is 0% tax rate that is hurting the idea
 Can’t overrule courts with retrospective amendments, says Supreme Court
 Why tax planning should be an all-year round activity
 8 financial tasks you should do in the next 30 days
 Income Tax department may defend CPC in returns fraud case
  Income tax department sends notices to investors over tax treaty gains
 Seven months after GST rollout: Time for handholding over, Centre to intensify efforts to curb tax evasion
 Individual angels may get tax relief too
 The differences between tax and cess
 Startups that raised funds from angel investors face tax scrutiny
 Tax collection assumptions in India's budget ambitious

Delhi - No new tax in Delhi budget, power arrears waived
May, 28th 2013

Apparently with an eye on Assembly polls due later this year, the Delhi government has peppered its budget for 2008-09 with populist measures such as waiving power arrears and reducing VAT on many items, even as it chose not to impose new taxes.

The present Congress government's last budget, presented in the Assembly by Finance Minister A K Walia, has also laid emphasis on the social and infrastructure sectors.

Presenting the budget amidst the din created by the opposition over the issues of rising prices of essential commodities, Walia said Delhi can boast of good revenue earnings.

"...under the present circumstances, I do not see any need for imposition of any new tax in this budget," he said.

The government has decided to waive old, irrecoverable power arrears dating back to the pre-discom period and amounting to Rs 1,530 crore of claims and Rs 1,009 crore of late payment surcharge.

Moreover, the government will also continue to give power subsidy to domestic and agricultural consumers.

Touching upon the crucial issue of price rise, Walia said the rates are lowest in the capital compared to the same in other cities. The Government will continue to give subsidy on arhahr dal and chana to the economically-weaker sections.

Giving a boost to the social sector, the Budget has allocated more funds for schemes for the unemployed disabled, senior citizens and widows.

Besides, a new pension scheme for eminent literary personalities will also be launched in the coming financial year.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 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