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Banking Beauty Distract Banking Work

June 14, 2010 admin 0

Banking beauty distract work: Shocked! No need, it is very true and what i am going to tell you is the fact of today‚Äôs life. A famous bank of the world said that a beautiful girl may distract their work. I am talking about Citibank, which is one of the reputed banks in banking industry. […]

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Rising Indian Auto Industry

April 29, 2010 admin 0

Rising Indian auto industry: Most of the countries faced financial crises in last two year. But Indian automobile still seems to be at top gear. Last year automobile sector of India showed growth of 26 per cent while predictions are made for growth of about 10 to 14 per cent this year. Indian automobile industry […]

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India Set To Be Global Leader In Technology Services

October 11, 2009 admin 0

India set to be global leader in technology services According to CEO of business publisher Forbes, India is set to become a global leader in IT services as in these days software companies grow up. He announced this on Saturday, October 10, 2009. He said when the immediate crisis is over; there would be chance […]

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Comparing Budget: Dividend Distribution Tax (DDT)

June 13, 2009 admin 0

Budget 2008-09 proposed that the domestic parent company will be allowed to set off the dividend received from its domestic subsidiary companies against dividend distributed by the parent, provided the dividend received has suffered DDT and the parent company is not a subsidiary of another company. This proves to be good news for all financial […]

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Comparing Budget: Commodities Transaction Tax

June 12, 2009 admin 0

Budget 2008-09 proposes to introduce a Commodities Transaction Tax (CTT), which will be levied for all transactions carried out in commodities exchanges, whether these transactions are on options or other commodity instruments. CTT RATE PAYABLE BY Sale of an option in goods/commodity derivative(if not exercised) 0.017% on option premium Seller Sale of an option in […]

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Comparing Budget: Surcharge, Cess etc…

June 6, 2009 admin 0

SURCHARGE: Presently, surcharge is applicable at the rate of 10% only when the total taxable income exceeds Rs. 10 lakh. No change has been made here. EDUCATION CESS: Education Cess is presently applicable at the rate of 3% on the income tax (inclusive of surcharge, if any). No change has been made here. SECTION 80D: […]

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