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Budget Flashes
12:24 Tax holiday for Hotel ind; +ve for Indian Hotels, EIH: Ernst & Young
12:23 RIL, FMCG cos impacted by MAT increase
12:22 Weighted deduction on R&D +ve for Pharma and Auto: Ernst & Young
12:21 Surcharge cut; +ve for India Inc
12:21 MAT increased to harm IT and infrastructure companies: Ernst & Young
12:21 Surcharge reduced to 7.5% from 10%: BMR
12:19 MAT increased to 18%; -ve for RIL, HUL, Bharti, Rcom
12:19 Increase MAT from 15% to18% on book profits: BMR
12:19 Infra bond tax deduction +ve for IDFC, PFC
12:19 Corporate surcharge reduced to 7.5% but MAT increased: Ernst & Young
12:18 Surcharge reduced from 10% to 7.5%: Ernst & Young
12:18 10% tax on annual income from Rs 1.6 lakh to 5 lakh: BMR
12:18 AddTax deduction of Rs 20,000 on inv in infra bonds
12:17 Tax slabs increased will enhance spending: Ernst & Young
12:17 Increase in take home for individuals enhance consumption: Ernst & Young
12:16 No tax on annual income upto Rs 1.6 lacs: BMR
12:16 Tax slabs rationalised for individuals: Ernst & Young
12:16 Scope of Settlement Commission for excise & customs expanded: Ernst & Young
12:15 New version of Saral ready for salaried employees: BMR
12:15 Settlement Commission to cover raid cases: BMR
12:14 Return filing procedure to be simplified: Ernst & Young
12:14 Simplification of tax compliance: Ernst & Young
12:13 Saral 2 form to be introduced in a simplified version: Ernst & Young
12:13 Increased computerization of central and state tax administration: Ernst & Young
12:12 Pilot projects for tax grievances extended to four cities: BMR
12:11 Automation to reduce physical interface with department: Ernst & Young
12:10 Technology driven tax administrative reforms: Ernst & Young
12:10 FY11 borrowing lower than est +vs for PSU banks
12:09 Subsidy delivery in cash to oil & fertiliser companies
12:08 Extending govt fert subsidy in cash: + ve for fert cos
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