The Hindu
It has remained focussed on simplification of procedures H...Nerurkar, the Managing Director of Tata Steel, has lauded the Union Finance Minister for presenting a budget which has surprises mostly on the positive side. He rated the budget as a good...
India Abroad
The telecommunications industry was expecting following major amendments/clarifications from Union Budget 2010-11: To change the revenue share license fee at a uniform rate of 1% of AGR against 6% to 10% currently.
India Abroad
The budget proposes to increase the MAT limit from 15% to 18%. The budget proposes to reduce surcharge on domestic companies to 7.5% from 10%. The budget proposes to increase excise rate from 8 to 10% It is proposed to introduce a competitive bidding...
India Abroad
The following changes in the duties have been proposed in the Union budget 2010-11: Customs duty on crude petroleum is being increased from Nil to 5%. Customs duty on Motor Spirit (petrol) and HSD (diesel) is increased from 2.5% to 7.5%.
India Abroad
TN govt, skill development initiative augurs well. Union Budget has given lukewarm response for the recommendations of Textile Industry. Although some perks have benefited the garment industry by the government, the all round budget impact was not...
India Abroad
Also weighted deduction on payments made to National Laboratories, research associations, colleges, universities and other institutions, for scientific research increased from 125% to 175% Minimum Alternate Tax (MAT) to be increased to 18% of book...