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Budget sets stage for reform
WITH the hope that the global economy will not slow down, Indian finance minister Pranab Mukherjee unveiled a budget on Feb 26 meant to set the stage for future accelerated reforms.While the budget for 2010-11 provides for some tax relief for individuals, the effective tax cost of doing business in and with India will rise.
2010-03-05 20:10:46

States to Get More Tax Money As Center Accepts Finance Com Report
NEW DELHI - The Centre Feb 25 announced it would give 32 per cent of its tax revenue to states, apart from Rs 3.19 lakh crore as grant in the next five years with Finance Minister Pranab Mukherjee accepting the 13th Finance Commission’s recommendations.
2010-03-05 20:07:52

Commercial tax payment made easy: e service launched in Orissa
Payment of corporate taxes has been made a cakewalk in Orissa. Chief Minister Naveen Patnaik has launched e payment service for payment of corporate taxes in the state with the combine d effort of the State Bank of India through its Corporate Internet Banking Portal.
2010-03-05 20:06:17

Computer hardware prices to rise
Excise duty hike, removal of exemptions in certain items is negative; increased allocation for various government projects, education sector and set up of TAGUP to drive demand.
2010-03-04 21:06:37

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