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Monday, March 07, 2011
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TAX FORUM: QUESTIONS & ANSWERS
Finance Bill, 2011: what are the proposals in respect of personal taxation?
There is now a further imposition of liability for MAT proposed for LLPS with effect from April 1, 2012, by a new chapter XII-BA of the Act.
Maintaining growth while checking inflation
The Government plans to step up measures to help lower-income households, particularly in rural areas, to deal with the recent sharp increase in food prices.
Economic implications of the Union budget
The immediate economic target for the Union budget is how to moderate inflation without sacrificing growth. The fiscal policy has to be a blend of immediate tax and expenditure measures for achieving this objective. This involves a reduction ...
Finance Minister's fine balancing act
The whole exercise of fiscal consolidation hinges on the assumptions of buoyant economic growth and revenue collections
Striving for a balanced growth
Buoyant tax revenues will be a welcome development
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