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Budget 2010:- Budget flashes
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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