“The Union Budget 2015-16 aims to reduce litigation on tax matters through various measures like introducing Dispute Resolution Bill, raising the threshold limit for the applicability of domestic transfer pricing laws and defining the word ‘substantial’ in the case of indirect transfers. Also, the Budget has other progressive[…]
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Thrust on Infrastructure to Fire up the Indian Economy, says Mr. Yashwant Sinha “The Union Budget 2015-16 is expected to create virtuous cycle as its thrust on infrastructure investment would spur private sector capital formation and consumption in the overall economy. The recessionary trend in the Japanese,[…]
Read MoreBudget to Accelerate Growth, says Mr. Kalantri The Union Budget 2015-16 presented by the Union Finance Minister, Mr. Arun Jaitley has provided the much-needed thrust to infrastructure to accelerate economic growth through the proposed National Investment Infrastructure Fund and a tax free infrastructure bond. The Budget also[…]
Read MoreThe Railway Budget presented by the Union Minister of Railways, Mr. Suresh Prabhu is far-sighted and aims towards long-term futurist reforms necessary to remodel the Indian Railways. The budget announcements focuses on the development of railway tracks, increase in freight capacity and plans to allocate Rs. 8.5 Lakh[…]
Read MoreWe understand that the Government is proposing to increase the existing General Sales Tax (GST) to 27%. The AIAI is of the opinion that the General Sales Tax should not be more than 15% to start with. Mr. Vijay Kalantri, President, All India Association of Industries (AIAI) hopes that[…]
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