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President read New Hopes

June 5, 2009 admin 0

President Pratibha Patil today read the joint session of both the houses in which she read the outline of the priorities that the new government has set for next 100 days. The stress was on different sectors but the most important things which she read were the women empowerment through women reservation bill, one rank […]

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Comparing Budget: Capital Gains

June 4, 2009 admin 0

LONG TERM CAPITAL GAINS TAX: There was no change made in the existing provisions in the Budget 2008. INVESTMENT DEFINITION OF “LONG TERM” LONG TERM CAPITAL GAINS TAX RATE (inclusive of surcharge and education cess) Equity 1 Year Nil Equity oriented Mutual Funds 1 Year Nil Debt Oriented Mutual Funds 1 Year 11.33% with indexation […]

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TAXILA: The University Town

June 4, 2009 admin 0

Certain cities in India gradually developed into renowned seats of learning. The most important among them was Taxila also known as Takshashila. It was situated about 20 miles from Rawalpindi and was the capital of the province of Gandhara. It was founded by King Bharata who named it after his son Taksha. We know very […]

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Comparing Budget: The Direct Tax

June 3, 2009 admin 0

The government of India has decided to present the budget on July 3rd. now that is when the government will disclose what exactly it has in the offing. Here we present what was offered in the budget 2008 so that we can easily compare with what the government is offering now. DIRECT TAXES AND YOU. […]

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New Government Reaches The House

June 2, 2009 admin 0

New government in India is all set. With Manmohan Singh at the top as the Prime Minister portfolios have been given to the ministers and most of them have assumed their offices. Most important seats are distributed as follows: MINSTER DEPARTMENT PARTY Pranab Mukherjee Finance Minister Congress P. Chidambaram HOME Congress A.K. Antony DEFENCE Congress […]

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