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: ACCOUNTING STANDARD :: VAT Audit :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: articles on VAT and GST in India :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: ACCOUNTING STANDARDS :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4%
 
 
« Markets »
 FM calms nerves, says no plan to tax market gains
 Why we must tweak the market-led model
 PE transactions prompt income tax queries over round tripping concerns
 Amended India-Mauritius tax treaty only covers investments in shares
 Government drops cap gains tax on startup shares held for 2 years
 Tax-free bonds regain demand in the secondary market
 Relevant Market’ Under Competition Act, 2002
 Indian markets best in terms of earnings momentum, price revision
 How India will become a common market with GST
 Broader markets outperform; Nifty holds 8,500
 Have Indian markets run ahead of fundamentals?

Govt mulls tax sops to boost corporate bond market
September, 28th 2011

The government is mulling tax incentives, reduction of stamp duty, and simplified regulatory norms to promote the corporate bond market for helping companies raise funds at competitive rates.

"Bringing liquidity in the corporate bond market is an issue for long. Government is ready to put whatever is there to get it going. We may consider tax incentives, like doing away with the witholding tax, and reduction in stamp duty," a finance ministry official said here.

The issues concerning corporate bond market were discussed at an internal meeting of the Finance Ministry today. The Finance Ministry, the official said, would also hold discussions with the representatives of financial institutions, like Morgan Stanley, ICICI Securities, PNB Gilts, AK Capital and Tata Group, on Thursday on the steps for boosting corporate bond market.
  
At present, government securities are preferred over corporate bonds as they enjoy sovereign guarantee and are highly liquid as compared to bonds. A vibrant corporate bond market, as suggested by India Inc in its August 1 meeting with Finance Minister Pranab Mukherjee, would go a long way in meeting the infrastructure needs of the country.
    
The government envisages doubling of infrastructure spending to USD 1 trillion in the 12th five-year Plan beginning April 1, 2012.

Sources said tax benefits could include reduction in Securities Transaction Tax (STT) and Stamp Duty, besides withdrawal of withholding tax. "Development of corporate bond market is the most complicated policy issue being dealt by us. But we are keen to bring vibrancy in this segment," the official said.

Earlier in March, market regulator Sebi had constituted a 16-member committee to suggest a roadmap for developing the corporate bond market.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Reengineering Software Re-engineering Software Reverse Engineering Software Reverse Development Software Change Modulation Software Conversion Software Re-creation Software Re-development

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