The excise duty rates have been increased from 10% to 12% and from 1% to 2% under Indian laws.
The rate of service tax in India has been increased from 10% to 12% under Indian laws.
India Introduces Service Tax Negative List to Broaden Tax Base, Simplify Compliance, and Increase Revenue for Non-Exempt Services.
New Income Tax Structure: 0% for Up to 2 Lakh, 10% for 2-5 Lakh, 20% for 5-10 Lakh, 30% Above 10 Lakh.
New Equity Savings Scheme Launched with Tax Incentives to Boost Investment and Economic Growth in India
India Set to Achieve Urea Self-Sufficiency in 5 Years, Boosting Agriculture and Reducing Import Dependency.
India's Public Distribution System to be computerized for better efficiency, transparency, and resource allocation.
Tax-Free Bond Allocation Doubled to Rs 60,000 Crore for Infrastructure in India for Fiscal Year 2012/13.
India's Affordable Housing: Foreign Investment Rules Streamlined for Growth, Tax Incentives, and Compliance with Local Laws.
Indian Laws Under Review to Revamp FDI Regulations in Aviation Sector, Aiming to Boost Investment and Innovation
Indian Government Approves Rs 10,000 Crore Tax-Free Bonds to Boost Investment in Power Sector Infrastructure
Advance Pricing Agreements to be Incorporated in Finance Bill 2012 to Reduce Tax Disputes and Enhance Transparency.
India Pushes for Quick Implementation of Direct Tax Code to Modernize and Simplify Tax System for Individuals and Businesses
India Considers Allowing 51% Foreign Direct Investment in Retail Sector, Sparking Key Economic Discussions and Stakeholder Debates.
India Set to Launch GST by August 2012 to Unify Indirect Taxes and Boost Economic Growth
India's Fiscal Health Worsens: Negative Trends in Tax Laws Threaten Economic Stability and Call for Policy Adjustments.
ICAI Member Penalized for Issuing False Certificate; Name Removed from Register for Six Months u/s 80HHC.
Central Bank Holds Interest Rates Steady Amid Inflation Concerns and Economic Uncertainty, Emphasizing Fiscal Reforms and Vigilance
India's Economic Growth Boosted by Fiscal Policies, Tax Reforms; Focus on Sustainability, Innovation, and Inclusive Development
Railway Budget 2012-13: Modernization Plans, New Trains, Fare Adjustments, Safety Enhancements, and Public-Private Partnerships
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