Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
* Working on simplifying tax rules, trade and tariff norms
* Cutting bureaucratic delays, improving response times
* Don't see resources as a constraint to growth
* Agriculture sector has shown significant rebound
* Need to ensure balanced demand and supply
* To reconcile environment concerns, growth needs
* Food inflation declined to less than half to 9.3%
* Need to ensure balanced demand and supply
* Economy has regained pre-crisis growth momentum
* Corruption is a problem we have to fight collectively
* Must improve supply response in the agriculture sector
* Agriculture growth at 5.4%, industry at 8.1% in 2010-11
* Monetary policy is keeping food inflation in check
* Seen shortcomings in food supply chains
* Average inflation to be lower next year, current account deficit to be better managed
* Recovery in developed nations has taken roots
* Exports up 9.4% in 2010-11
* Economy to grow at 9 percent, plus or minus 0.25 percent in 2012
* DTC to be effective April 1, 2012
* Laying down fiscal consolidation map for next five years
* Impression of drift in government is misplaced
* States to cut down fiscal deficit to 3 percent of Gross State GDP by 2014
* States to cut down fiscal deficit to 3 percent of Gross State GDP by 2014
* Availability of fertilisers has improved post new policy
*IMPACT: Govt support for warehousing to benefit TCI says ICICI DirectTo infuse Rs 3,000 cr in NABARD in phased manner
* Farm credit flow raised to Rs 4.75 lakh crore
* Inflation remains principal concern, to fall next yr: FM
* Rs 300 cr provided to promote pulses cultivation in rain-fed areas, another Rs 300 cr to promote farm product cultivation
* Allocation under Rashtriya Krishi Vikas Yojana to be raised to Rs 7860 crore
* Allocation for farm development raised to Rs 7,860 cr
More acreage for Palm Oil is good for KS Oils, Ruchi Soya
* Removal of supply bottlenecks in food sector in focus in 2011/12
* Infrastructure spending to be raised by 23%
* To allow Rs 30K crore tax free bonds for railways, NHAI
* Five fold strategy to deal with black money
* To set up 15 mega food parks
* To introduce self assessment in customs for faster clearance
* Have set up dedicated cell on transfer policy monitoring
IMPACT: Tax free bonds good for IRB INfra, ITNL, says ICICI Direct
* To set up national policy on psychotic drugs, narcotics
* Govt proposes to promote organic farming methods to enable farmers get best from their land
* Close to finalising food security bill this year: FM
* To set up independent debt management office; public debt management bill to be introduced
* Plan to spend Rs 1.6 lakh crore on social projects, up 17 percent
* To link NREGA wages to CPI inflation
* A new scheme to be introduced for refund of service tax on lines of drawback of duties
* GST Bill to be introduced in parliament this year
* To allocate Rs 58,000 cr to Bharat Nirman projects
* Policy on Narcotic drugs is good for Piramal Healthcare
* Education allocation increased to Rs 52,057 cr, increase of 24 percent
* To allocation Rs 21,000 cr to primary education, up 40 percent
* To classify capex of fertiliser sector into infrastructure
IMPACT: Guidelines for Banking Licence positive for Reliance Capital, says ET Now
* To provide Rs 200 cr grant to IIT Kharagpur, Rs 20 crore to IIM Calcutta
* Edible oil cos rise on allocation of Rs 300 cr
* To extend National Health Scheme to workers in mining sector
* Economy resilient to external shock
* To extend National Health Scheme to workers in mining sector
* FIIs will be allowed to invest in mutual funds schemes
* DTC after getting Standing Committee Report
* 100% salary hike for Anganwadi teachers
* To allocate Rs 26,760 to health sector
* Remuneration of anganwadi workers raised from Rs 1500 to Rs 3,000/month. Helpers to get Rs 1,500 from Rs 750
* IIFCL disbursement target set at Rs 25,000 cr for FY12
* Banks to cover 20,00 villages for opening accounts in FY12
* To give Rs 8,000 cr to Northeast and special states
IMPACT: Educomp, NIIT to benefit from higher outlay for Education
* Have set up dedicated cell on transfer pricing monitoring
* To give Rs 8000 cr to J and K for development needs
* FY 12 defence capex seen at Rs 69,199 crore
* Allocation to Department of Justice increased 3 fold to Rs 3000 cr
* Direct Tax Code likely to be passed by parliament next fiscal year
* Lord Desai: West Bengal, Kerala, Tamil Nadu targeted for educational investment
* Old age pension to persons of over the age of 80 raised from Rs 200 to Rs 500
* Allocation for defence at Rs 1.64 lakh crore
* To simplify tax form for small businesses
* To amend Indian Stamp Act shortly
* Allocation for health sector up 20%
* Age reduced for BPL pension eligibility
* High price gap between wholesale and retail prices unacceptable
* Growth rate of services sector expected at 9.3%
* Plan expenditure at Rs 4.14 lakh crore
* To provide Rs 58,000 crore for Bharat Nirman projects
* To distribute 1 million UID cards per day shortly
* To review discretionary powers of central ministers
* 11th plan expenditure up 100% in nominal terms
* Fiscal deficit seen at 4.6% for FY 11-12
* Revenue deficit for FY11 seen at 3.4%
* Tax limit raised from Rs 1,60,000 to Rs 1,80,000
* Age for being classified as senior citizen cut to 60 years from 65 years
* Reduce surcharge of 7.5 percent for domestic companies to 5 percent
* MAT raised to 18.5% of book profits
* Surcharge on doemstic companies cut to 5 percent from 7.5 percent
* Fiscal deficit seen at 4.1% in FY 13, 3.5% in FY 14
Fiscal deficit seen at 4.1% in FY 13, 3.5% in FY 14
* Special Economic Zones to come under MAT
* Foreign unit dividend tax rate cut to 15 percent for Indian companies
* There is a need to define the nature of public expenditure
* Tax sops of Rs 20,000 on Infra Bonds extended for one year
* Bond yields inch up as social spending rises
* Direct Tax proposals net loss estimated at Rs 11,500 crore
* Service tax retained at 10%
* Central excise duty rate unchanged at 10%
* To withdraw 130 items from exemption under Central Excise
* Budget estimates for 2011-12 projects Rs 9,32,440 crore - an increase of 24 per cent
* FY 12 fiscal deficit seen at Rs 4.12 lakh crore
* Net tax to Centre will be Rs 6,64,457 cr. Non-tax receipts pegged at Rs 1,25,435 cr
* Base rate on excise duty raised to 5% from 4%
* Rs 500 crore more for national skill development fund
* Rs 54 crore each for AMU (Aligarh Muslim University) centres at Murshidabad and Mallapuram
* No change in peak customs duty rate
* Swaminathan: No further rollback of 2008 stimulus
* No new tax exemption limits for women
* Education firms up 3-5 pc on higher allocation
* Unified ad valorem rate of 10% for iron ore
* No change in CENVAT rates
* Excise on LED cut to 5%
* Senior citizens exempt up to Rs 2.5 lakh
* Standard rate of central exercise duty maintained at 10%: FM
* New category of very senior citizens for those above 80 years introduced, exemption limit Rs 5 lakh
* Focus on green vehicles: Duty reduced on hybrid & electric cars along with batteries imported for such vehicles
* Duty reduction on LEDs to promote adoption by more automakers
* Base rate on excise duty raised from 4% to 5 percent
* Service tax to cover more areas - FM
* Net revenue gain of Rs 7300 crore from excise, customs changes
* Ship owners allowed to import duty free parts
* Crude palm used in sports exempted from customs duty
*
Service tax net extended to include health check-ups
Domestic travel to pay Rs 50 service tax, Rs 250 on international travel
AC hospitals with more than 25 beds under service tax
*
- Servcie tax on hotel accomodatiobn above Rs 1500 per day
Legal representation for businesses under service tax
No comments:
Post a Comment