| Markets soar on tax reforms, global cues | 13-AUG-09 |
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| Markets surged today, boosted by government's big bang tax reform plans and positive cues from the global markets. The government proposed to bring down corporate tax to 25%, and abolish Securities Transaction Tax (STT). Removing levy on the securities is likely to lead to higher volumes as the cost of transactions goes down. |
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| Combat slowdown with tax reforms | 26-JAN-09 |
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| Governments around the world are jostling to devise new strategies to battle the current economic downturn, dubbed as unprecedented at least for the past several decades. The solutions being promulgated typically advocate enhancing government spending, boosting liquidity, reducing interest rates and offering tax breaks. I have summarised an overview of key measures being pursued by governments, particularly those in the area of tax and examined the merits behind some of them which India could embrace. |
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| Tax reforms to continue | 29-APR-08 |
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The Reserve Bank of India (RBI) today said the procedural reforms aimed at widening the tax base, improving efficiency in tax collection and providing certain concessions for investment, which have seen a steep rise in the tax mop-up, are expected to continue during the current financial year. |
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| Debts can dip on tax reforms | 29-NOV-07 |
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| The deficit of the Indian budget is slowly getting diminished as tax collections are improving every year coupled with better management of finances.
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| Tax reforms for sustaining growth | 29-OCT-07 |
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| Gone are the days when the external world debated Indias attainment of double digit economic growth rate. Today, while being sure on the growth aspect, world leaders are concerned about the |
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| Panel to look into indirect tax reforms | 13-JUL-06 |
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| Indirect tax administration reforms are high on the finance ministrys agenda. The ministry has implemented a number of suggestions made by Lok Satta, a non-governmental organisation, including |
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| Mumbai trade body seeks tax reforms | 23-NOV-05 |
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| The Bombay Chamber of Commerce and Industry (BCCI) has putforward a series of recommendations for the next budget to the ministry of finance.
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| CBDT pushes for online tax reforms | 21-JUL-05 |
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| The Central Board of Direct Taxes (CBDT) is formulating a Vision 2010 document to push for reforms in areas like computerisation.
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| FM for 5% customs cut | 29-JUN-05 |
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| Outlining the road map for furthering tax reforms, Finance Minister P Chidambaram today said the Centre proposed to reduce the peak customs duty rate by 5 per cent, move towards a central value-added |
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| CII against VAT delay | 21-MAR-05 |
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| The Confederation of Indian Industry (CII) today expressed disappointment over the decision by some of the states governments to defer the implementation of value added tax (VAT).
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| Dy CM misled on VAT: Moily | 07-MAR-05 |
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| Deputy chief minister Siddaramaiah was wrongly advised by bureaucrats that the state would lose Rs 1,800 crore in the first year of value added tax (VAT), M Veerappa Moily, former Chief Minister and |
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