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Proposals 2008

  • There is no case for corporate tax rate cut, says Chidambaram (2008/03/01)
  • Direct taxes’ share of revenue kitty tops 50% for first time (2008/03/01)
  • Less outgo for parent companies (2008/03/01)
  • Relief for all taxpayers (2008/03/01)
  • No change in peak rate of customs duty (2008/03/01)

    Expectations

  • Levy corporation tax on companies (2008/02/27)
  • 54EA/ 54EB investment must be made unrestricted (2008/02/27)
  • Discard Central sales tax (2008/02/27)
  • MAT needs to be scrapped (2008/02/26)
  • Maintain service tax base rate at 12% (2008/02/26)
  • Withdraw wealth tax (2008/02/26)
  • Housing growth (2008/02/25)
  • More tax incentives needed for R&D (2008/02/23)
  • What to look for in the Finance Bill (2008/02/23)
  • Salaried require some tax breaks (2008/02/23)
  • Effective advance pricing agreement mechanism needed (2008/02/22)
  • The balancing act (2008/02/18)
  • ‘Continue I-T sops for export-oriented units’ (2008/02/18)
  • For a more equitable tax regime (2008/02/16)
  • Needed, some overhauling on the services front (2008/02/16)
  • Holistic rationalisation of indirect taxes needed (2008/02/16)
  • Wish-list: ‘Allow tax payers to submit details of assets with returns’ (2008/02/14)
  • Budget 2008: Hopes and fears (2008/01/29)
  • Tax body moots clubbing exemptions with deductions to eliminate MAT (2008/01/25)
  • Holistic rationalisation of indirect taxes needed

    Reactions

  • Proposal on dividend tax: Coal India sees Rs 200-cr gain (2008/03/02) New
  • Uniform CST good for supply chain (2008/03/02) New

    Budget 2007

  • `1% additional education cess should be shown separately' (2007/03/03)
  • Changes in Excise (2007/03/03)
  • Tax tweaks may re-route deposits from mutual funds (2007/03/03)
  • NRIs: Scope of taxability up (2007/03/02)
  • Panel on VAT to chart out GST roadmap (2007/03/01)
  • CST rate down (2007/03/01)
  • Direct taxes account for 50% share of Central revenues (2007/03/01)
  • MAT scope extended; stock options under FBT (2007/03/01)

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