interim budget 2014
The Indian Real estate industry is looking at the first budget to be presented by the Modi Government with a lot of expectations. The property sector is looking at the possibility of the solution of the issues that have been plaguing the Indian real estate sector – such as delayed projects, legal quagmire, lack of [...] Continue Reading »
For the Budget of the newly-formed National Democratic Alliance government, the Civil Aviation Ministry has submitted a number of proposals such as tax-free bonds for constructing low-cost airports in small towns, inclusion of aviation turbine fuel (ATF) in declared goods, and an infusion of Rs 1,600 crore as additional fund to Air India. Along with [...] Continue Reading »
In order to revive the slump in the industries and safeguard the interests of the MNCs and large conglomerates, Corporate India has requested the Finance Minister Arun Jaitley to exempt special economic zones (SEZ) developers and units from the levy of minimum alternate tax (MAT). The previous government did not pay any heed to this [...] Continue Reading »
ASSOCHAM (The Associated Chambers of Commerce and Industry of India) has presented its demands before the introduction of the first Union budget under Narendra Modi-led government. They want an early roll out of GST (Goods and Services Tax), revival of SEZ (Special economic zones) a stable tax regime, slashing of tax rates and tax incentives [...] Continue Reading »
