Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Tally On Cloud Tally on Cloud: Ready for the Daily Backup Requirement
Keep your Tally books accessible from anywhere while supporting your Rule 46(8) obligations. With daily backups configured on servers physically located in India, Tally on Cloud helps you maintain the backup arrangement required for electronic books of account under the Income-tax Rules, 2026. Move your Tally to the cloud with confidence.
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.
 Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief
 ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know
 Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose
 CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27
 CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details
 Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window
 Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do
 Tax audit deadline September 30: Common mistakes taxpayers should avoid
 Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck
 Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money

NDC meet to discuss tax reimbursement to states
December, 19th 2007
Union commerce and industry minister Kamal Nath has said that state governments will have to be roped in and made accountable before a decision is taken on the mechanism to reimburse state taxes to exporters. He said the issue will be discussed with state chief ministers in the National Development Council (NDC) meeting on Wednesday.

After a meeting with the trade and industry council attended by industry representatives including Ratan Tata, Mukesh Ambani, RP Goenka and Rahul Bajaj and chaired by the Prime Minister, Mr Nath said that it was not just exporters but the domestic industry, too, which was reeling under the pressure of rupee appreciation.

On the issue of reimbursement of state taxes to exporters, the minister said that there were a number of issues that needed to be addressed first. We need an assurance from state governments that they will not increase taxes, he said. Moreover, the mechanism of funding the reimbursement will also have to be tied up. We are yet to decide whether the amount should be withdrawn from the state governments fund, he said.
Home | About Us | Terms and Conditions | Contact Us
Copyright 2026 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting