SENSEX NIFTY

Budget Interpretations

 16:03  : Few Local Transactions Deemed Intl U/Transfer Pricing Rules
 15:59  : Unlisted Shrs Treated As Long-Term Cap Assets After 36 Mths
 15:59  : Unlisted Shrs Treated As Long-Term Cap Assets After 36 Mths
 15:58  : Interest At 18-30% pa On Late Payment Of Service Tax
 15:53  : CENVAT Credit To Lapse If Not Claimed Within 6 Months
 15:53  : Excise Rules Amended To Negate Impact Of Fiat Ruling
 15:51  : Disallowance On Non-deduction/Payment Of TDS Limited To 30%
 15:50  : Forfeiture Of Advance on Transfer Of Cap Assets Taxable
 15:45  : DDT Now Payable On Dividend To Be Distributed
 15:44  : DDT Now Payable On Dividend To Be Distributed
 15:43  : Mandatory Pre-deposit For IDT Appeals To Cause Cash Blockage
 15:38  : Mandatory Pre-deposit For IDT Appeals To Cause Cash Blockage
 15:30  : Proposed Computation Of DDT To Up Effective Rate By 2.5%
 15:29  : Change Proposed In Mode Of Computation Of DDT
 14:14  : Income & DDT To Be Levied On Gross, Not Net,Amt Of Tax Paid
 14:09  : Hike To Up Realisations,EBITDA Per Tn By Rs 5000 On Flat Pdts
 14:09  : A Typical 19Inch LCD/LED TV To Cost Rs 1000 Less After Duty Cut
 14:08  : Decrease In Builtup Area For FDI In Real Est; More Invst
 14:07  : Scope Of Settlement Commission Widened - +ve Change
 14:07  : Rs 500 Cr Funds For Solar Power Projects Not Material In Size
 14:05  : CG Tax On Sale Of Listed REIT Units At Par With Listed Eq Sh
 14:04  : 8000 km National Highways Construction Goal Ambitious
 14:03  : Intl Settlement Of Debt Sec To Boost Foreign Participation
 14:01  : Aereated Drinks And Tobacco Products To Become Expensive
 14:00  : Continuity Of 15% Tax On Overseas Div To Benefit Cos
 13:59  : Tax Clarity On For Offshore Fund Managers In India :+ve
 13:57  : Failure To Withhold Tax - Only 30% Payments To Be Disallowed
 13:52  : Tax Svngs Of Rs 10300 Due To Increase In Slabs & 80C Limits
 13:50  : Use Of Multiple Year Data In TP More To Business Reality
 13:50  : Ambiguity Removed In Terms Of Double Taxation Of REITs

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