FM – Confident to Achieve Appreciable Growth Despite Negative Sentiments Across the World; 
Confident to Achieve Appreciable Growth Despite Negative Sentiments Across the World; Hopes to Repeat the Growth Performance of 2010-11 in the Current Year (2011-12) as Well; Committed to the Fiscal Balance Target of 4.6 for Fy 2011-12; No Proposals ...
ble-growth-negative-sentiments-world.html
Bombay HC upholds Service Tax on Renting of Immovable property 
Bombay High Court, while disposing a batch of writ petitions filed by The Retailers’ Association of India along with the Confederation of Real Estate Developers’ Association of India and Multiplex Association of India, upheld the constitutional valid...
-tax-renting-immovable-property.html
DDT needs to be withdrawn to avoid double taxation of same income |Tax Guru 
Every domestic company is liable to pay a Dividend Distribution Tax @15% on the amount declared, distributed or paid by such company by way of dividends. The effective rate of tax works out to16.995%. The proposed Direct-tax Code also contains simila...
rawn-to-avoid-double-taxation-of-same-income.html
Why we need budget? |Tax Guru 
Union Budget is the Annual Financial Statement of India presented every year on the last working day of February. This time, however, the Union Budget will be presented on February 26, as February 28th is a Sunday. Also, si
Child education: Where to Invest and when to start Investing? |Tax Guru 
In this era of increasing fees, the education of children has become a major component of financial planning. It is important that parents start planning early to ensure that there are no hiccups at the final stages of there child’s education. And th...
invest-and-when-to-start-investing.html
Customs Notification No 13/2010, Exemption of customs duty on specified goods when imported into India for the purpose of organising the Common Wealth Games, 2010 |Tax Guru 
Notification No.13 /2010-Customs– New Delhi, the 19th February, 2010 G.S.R. 94 (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is ne...
no-132010-exemption-of-customs-duty-on-specified-goods-
when-imported-into-india-for-the-purpose-of-organising-
the-common-wealth-games-2010.html
Ministry of Finance approved 12 FDI Proposals worth 1046 crore |Tax Guru 
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on February 12, 2010, Government has approved 12 Proposals of Foreign Direct Investment amounting to Rs. 1045.611 Crore approximately.
-12-fdi-proposals-worth-1046-crore.html
Finally China Acknowledged the Bubble |Tax Guru 
For so many months all economist and equity and financial research analysts across the world have been trying hard to accentuate the eyes of the world economy that china is building a asset bubble fuelled by excess over capacity. Now fi
d-the-bubble.html
Insurance sector asked for separate limit under section 80C for long-term saving |Tax Guru 
We would recommend a separate limit for deductions under Section 80C for long-term saving instruments such as life insurance. Currently, the deduction under Section 80C also includes short-term saving instruments such as mutual funds a
d-for-separate-limit-under-section-80c-for-long-term-sa
ving.html
10(10D)
115-O
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