Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: cpt :: Central Excise rule to resale the machines to a new company :: VAT RATES :: VAT Audit :: ACCOUNTING STANDARDS :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: list of goods taxed at 4% :: ACCOUNTING STANDARD
 
 
VAT (Value Added Tax) »
  Filing of reconciliation return in form 9 for the year 2016-17
 Govt may send notice to 162 companies; ask for VAT returns
 Cenvat Credit Is Not Income Liable To Be Taxed
 Cos wanting to claim VAT refund on employees' foreign stay can get professional help
 Regarding disposal of pending form DVAT 04 & 07 Form Applications
 Disposal of pending Form DVAT 04 & Form DVAT 07 applications: regarding
 Cenvat Credit Rules, 2017 III Part
 VAT phased out in TS
 Cenvat Credit Rules, 2017 II Part
 Cenvat Credit Rules, 2017 – Part I
 How much do you know about VAT as a taxpayer?

CM likely to slash VAT, budget in July second week
June, 17th 2013

Karnataka’s high slab of value added tax (VAT) at 14.5 per cent, which is the highest among the Southern states, is likely to be slashed by Chief Minister Siddadramaiah in the upcoming budget.

An official source told Express: “The CM had opposed this high tax slab during budget discussions in February, when he was the opposition leader. He had insisted that it was too high, so he is likely to slash it now.”

Budget preparations for the year 2013-14 is in full swing, and a series of meetings with various departments are set to begin on Monday. According to official sources, Siddaramaiah, who also holds the finance portfolio, will present his budget in the second week of July. “The CM has convened a meeting of senior officials of the Mines and Geology and Revenue department,” a source said.

Senior officials from the Finance Department have already briefed the financial position of the state to Siddaramaiah. He is expected to announce few new schemes, modify or scrap some of those already announced by the previous BJP government.

The new Budget is important, as it is perceived to set an agenda for the next five years for the Congress government. It is also expected to give focus to on the fresh sops announced by the CM immediately after he assumed office and make enough provisions for implementation.

On the day of his swearing-in he had announced loan waiver and subsidies to the tune of over Rs 4,409 crore benefitting over 1.38 crore people. Defending his decision to dole out sops which may cause a huge hole to the state exchequer, he had said that the additional burden would be eased through a slew of measures, including enlarging the tax net, plugging pilferage in the collection of revenue and cutting wasteful expenditure.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Quality Assurance Services Testing and Re-testing

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