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Feb 8, 2013

Fw: TaxGuru : “Budget 2013-14 – Serious approach to fiscal discipline is a must” plus 1 more

Budget 2013-14 – Serious approach to fiscal discipline is a must

With India's GDP growth rate having regressed to its 10 year low, the upcoming Union budget would be excessively important in salvaging the situation. The 25 bps Repo rate cut in Jan-13 has set the tone for encouraging capital formation and investments. However, the moderation in the government...

Instructions for fixing reserve price for auction of properties acquired under Chapter XX-C of Income-tax Act

In supersession to CBDT Instruction No. 1857 issued on 19-9-1990 vide F. No. 316/22/1989-OT for auction of properties purchased under Chapter XX-C of the Income-tax Act, 1961, comprehensive instructions on the modalities of fixing the reserve price for auction of properties acquired under Chapter...

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