Service tax proposal in Indian Budget 2010

Pranab Mukherjee, Finance Minister of India announced new proposal for Service tax in Budget India 2010. There is no major change in Service tax proposal. Service tax rate will remain same as earlier 12 percent.

However, Pranab Mukherjee did not spell the details of service tax proposal. Revenue from direct taxes will be reduced by 26 thousand crores but revenue from indirect taxes will be enhanced by 46 thousand crores.

Stock market has been responding positively to the union budget. It is up by more than 300 points at the time of writing this post. Ballabh Bhansali has responded this as a tremendous fiscal stability.

Article on Budget India 2010 

Major relief in individual Income tax in Indian budget 2010

Service tax proposal in Indian Budget 2010

Import duty on gold and platinum raised in union budget 2010

Budget India 2010

Railway budget 2010 proposed

Salient features of Indian Railway Budget 2010

Pranab Mukherjee has given major benefits to Murshidabad in Indian budget

Thanks,
Jyoti Kothari

(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)

Major relief in individual Income tax in Indian budget 2010

 Pranab Mukherjee, Finance Minister of India announced major relief in individual income tax in the central budget proposed today in the parliament of India for year 2010-11.

He hasproposed redemption form "Saral" (Simple form of two pages) for income tax. He has simplified income tax act.

He has proposed nill income tax upto income of 1.60 lakh. Income tax rate will be only 10 percent  between Income of Rs. 1.6o lakh to Rs. 5.00 lakg. Income tax rate of 20 percent will be charged for the income between 5.00 laks and 8.00 lakh.

Article on Budget India 2010 

Major relief in individual Income tax in Indian budget 2010

Service tax proposal in Indian Budget 2010

Import duty on gold and platinum raised in union budget 2010

Budget India 2010

Railway budget 2010 proposed

Salient features of Indian Railway Budget 2010

Pranab Mukherjee has given major benefits to Murshidabad in Indian budget

Thanks,
Jyoti Kothari

(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)

Budget India 2010

Pranab Mukherjee, Finance Minister of India has been proposing Central Budget of India right now in the Parliament of India.

He has already addressed some very important issues. He has given more emphasys on infrastructure, education, clean energy and social security to workers of unorganized sectors. He has allocated budget of rs. 1000 crore in clean energy sector.

He has announced starting project of Unique ID system.

Total fiscal deficit announced is 5.50 percent. Planned expenditure has enhanced and non planned expenditure reduced.

Article on Budget India 2010 

Major relief in individual Income tax in Indian budget 2010

Service tax proposal in Indian Budget 2010

Import duty on gold and platinum raised in union budget 2010

Budget India 2010

Railway budget 2010 proposed

Salient features of Indian Railway Budget 2010

Pranab Mukherjee has given major benefits to Murshidabad in Indian budget

Thanks,
Jyoti Kothari

(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)

Salient features of Indian Railway Budget 2010

The followings are Salient features of Indian Railway Budget 2010proposed by Mamta Banerjee, Union Railway Minister in the Parliament of India on February 24, 2010. These are to be implemented through the year 2010-11.

Features:

Article on Budget India 2010 

Major relief in individual Income tax in Indian budget 2010

Service tax proposal in Indian Budget 2010

Import duty on gold and platinum raised in union budget 2010

Budget India 2010

Railway budget 2010 proposed

Salient features of Indian Railway Budget 2010

Pranab Mukherjee has given major benefits to Murshidabad in Indian budget

Thanks,
Jyoti Kothari

(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)

Railway budget 2010 proposed

 Mamata Banerjee, Union Railway Minister has proposed Raiway budget 2010 today on February 24, 2010 in the Parliament of India.

There is no hike in passenger fare and goods tariff. She has symbolically reduced tariff in some goods such as food grain. She has announced free tickets in Sleeper and 3AC for cancer patients.


Mamta Banerjee has proposed several trains in various routes, some new trains including 10 of "Duronto". She has also proposed construction of some new railway tracks. She has also announced that some of the single lines will be converted into double lines.

She has proposed some welfare schemes for railway staff but nothing is announced about catering system reform.

Business communities, Industries and common people at large are happy with this railway budget.
Pranab Mukherjee, Finance Minister of India will propose general budget for year 2010 on February 26, 2010 for the central government of India.

It is worth noted that India is developing with second highest growth rate in the world. It is expected that Indian economy will be very strong in few years. It has capacity to bail out even American economy. Indian Railways has huge contribution, directly or indirectly in Indian economy.

Can India bail out America and rest of the world from present economic crisis? Part 1

Can India bail out America and rest of the world from economic crisis Part-2

Article on Budget India 2010 

Import duty on gold and platinum raised in union budget 2010

Budget India 2010

Salient features of Indian Railway Budget 2010

Pranab Mukherjee has given major benefits to Murshidabad in Indian budget

Thanks,
Jyoti Kothari

(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)

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Thanks,
Jyoti Kothari

(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)

Indian Government announced fertilizer policy before budget

Central government of India have announced their new fertilizer policy today on February 18, 2010. Government have allowed fertilizer companies to hike Urea price by 10 percent. Price hike will be effected from April 1, 2010. This is a pre-budget announcement. Budget of central government of India for year 2010-11 will come on February 28,  2010.

Urea price will rise to Rs.5310 from present 4810. Government have also allowed the companies to decide their own prices for nutrient grade fertilizers. This announcement is aiming towards fresh investment in fertilizer industry.

Share prices of some fertilizer companies such as RFC, National fertilizers, Nagarjun fertilizers, Chambal fertilizers have surged today by approximately 2 percent on an average.

However, analysts say hike in price of urea will not benefit the fertilizer companies because Government will reduce subsidy by 10 percent. Government can save 13 billion on subsidy bills. It will neutralize the positive effect on fertilizer companies. Moreover, it will affect the farmers negatively and will fuel to price hike in agricultural products.

Thanks,

Presented by:
Jyoti Kothari

Jyoti Kothari, Proprietor, Vardhaman Gems,   Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also a ISO 9000 professional.

How to start business in India

 Wanna start a business? Business in India? It is easy to start ans set up a small business in India. It is easier than starting a business anywhere else. You can start your business with little money if you know how to do that.

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How to start business in India


Thanks,
Jyoti Kothari

(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)