Latest Expert Exchange Queries

Make 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) | 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: due date for vat payment :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: TDS :: empanelment :: cpt :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: VAT RATES :: list of goods taxed at 4% :: form 3cd
 
 
« News Headlines »
 4 reasons why deadline to file ITR should be extended this year
 It’s time to file your India tax return
 Are you filing the correct GST return?
 How foreign companies can file income tax return in India
 Last minute checklist for filing income tax return
 Filing tax returns? Here are seven things to remember
 Clarifications on computation of book profit for the purposes of levy of Minimum Alternate Tax (MAT) under section 115JB of the Income-tax Act, 1961 for Indian Accounting Standards (Ind AS) compliant companies.
 Mistakes in filing income tax returns that may get you a tax notice
 Know how you can claim return of income in Form 26 AS case
 What you must know for tax filing this year
 How to file tax return if you have two Form 16s

Revenue dept no to sops for drug sector
July, 06th 2006
n its comments on the proposed pharma policy, the revenue department has turned down a number of proposals, including end-use-based exemptions, reduction in excise duties on drugs and increase in the SSI exemption limit for the pharma sector.

It has also said no to providing exemption to testing and analysis services for drugs and data processing.

In a response to the draft Cabinet note on the National Pharma policy, the revenue departments tax research unit reiterated its contention that every proposal which had revenue implications needed to be vetted carefully as there was no stated policy of the government on duty adjustments to influence prices. The department has accordingly sought modifications to the draft policy.

On the issue of providing fiscal incentives on a long-term basis to research and development companies (a committee under R A Mashelkar is looking at the matter separately), the department has pointed out that a number of customs duty concessions are already available for R&D projects.

Since, duty structures are part of the governments fiscal policy, the department feels that sector specific proposals should not form part of policies for the development of a particular sector.

Duty structures should not be used as a general instrument of any policy. The proposals for fiscal incentives should be considered at the material time, sources said.
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

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