The Government may announce a 6% hike in the total Social sector and Developmental expenses in the upcoming Union Budget. Although Finance Ministry was a bit reluctant over the increase as due to the fiscal pressure, the planning Commission oversees the spending plan favoring to a reasonable increase. With the 6% hike, the Social and […]
To combat with the inflationary pressures, the finance minister is more likely to announce numerous tax amendments and concessions in the coming Union Budget for the financial year 2013-2014 to be announced before the Parliament on 28th February 2013. For people who stay in rented accommodations and do not have their own houses and employees […]
With the sole view of boosting up industrial activity and stimulating economic growth in the coming financial year, the government is making up its mind to expand the infrastructure sector definition. According to sources, though infrastructure definition is included in the Income Tax as well as Direct Taxes Code, the definition may be expanded to […]
