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Budget 2013 Tax Reduction

Nov 05, 2014 at 15:29 | Source: CNBC-TV18
Adi Godrej, chairman, Godrej Group expects reduction in Minimum Alternate Tax (MAT) to spur investments in the upcoming Union Budget
Jul 20, 2014 at 17:37 | Source: PTI
It said that Rs 62,543 crore was pending at the end of March 2011, Rs 70,572 crore at the end of March 2012 and Rs 1,02,581 crore at the end of March 2013.
Jul 14, 2014 at 09:31 | Source: Moneycontrol.com
According to PwC, up to USD 770.4 million of import duties could have been foregone by the Government of India in 2013 due to the differential in duties between refined gold and unrefined gold dor.
Jul 11, 2014 at 15:30 | Source: Moneycontrol.com
The gradual targeted reduction in fiscal deficit if achieved is likely to provide domestic currency stability, in absence on any external shock, says India Ratings.
Jul 11, 2014 at 10:34 | Source: CNBC-TV18
The Budget has proposed raising exemption limit from Rs 1 lakh to Rs 1.5 lakh. There were little over 3.5 crores tax assesses in India in 2013. That means tax payers would have to invest up to additional Rs 175,000 crore to avail this benefit. That's a whooping amount that could be invested in various financial instruments.
Jul 10, 2014 at 16:32 | Source: CNBC-TV18
Hindalco and Tata Power were up 3 percent each while GAIL, Coal India and HDFC were top gainers in the Sensex. Among the losers were Hero Moto, TCS, M&M, SBI and Bharti Airtel. Eventually, Jaitleys Budget did not score high on specific action plans.
Jul 10, 2014 at 15:24 | Source: Moneycontrol.com
A section of the market feels that FM Arun Jaitleys target of 19.7 percent growth in tax revenues for FY15 may appear ambitious, considering that monsoons could be below average, and the economy is still not showing clear signs of recovery. But that may be taking too cynical a view.
Jul 10, 2014 at 15:16 | Source: CNBC-TV18
Hero Moto is down 4 percent while TCS, Bharti, SBI and ICICI Bank are major losers in the Sensex. Arun Jaitleys Budget can be likened to a soccer match that turned dramatically in the second half, judging by the market reaction. The Finance Minister had asked for a five-minute breather midway into his speech, and was granted that by the Speaker.
Jul 10, 2014 at 15:07 | Source: CNBC-TV18
Arun Jaitleys Budget can be likened to a soccer match that turned dramatically in the second half, judging by the market reaction. The Finance Minister had asked for a five-minute breather midway into his speech, and was granted that by the Speaker.
Jul 10, 2014 at 15:01 | Source: Moneycontrol.com
Reiterating the most fundamental personal finance concept of not spending more than what we earn and spending beyond means, FM Jaitley has indicated a sensible approach to the budgetary allocation, feel experts.
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