Toyota not to hasten small car launch Toyota-Kirloskar Motor (TKM) has said the reduction in excise duty on small cars will not hasten the process of the company to launch its small car. "We consider a variety of reasons including the ...
More
TAXATION
Tepid changes to corporate tax
In a regime where service tax has been expanded to cover various services, the list now nearing 100, the levy on hire purchase and leasing has been revisited, with the Budget specifically clarifying that the finance charges/interest portion ...
More
MAT rates altered Corporate India may soon face minimum alternate tax (MAT) blues, with the Finance Minister, Mr P Chidambaram proposing to include long-term capital gains arising out of securities in the calculation of ...
More
OUTLOOK
Cheer for Jain Irrigation Systems
The Union Budget 2006/2007 proposals bring cheer to one company - Jain Irrigation Systems Ltd. Every business that the company is involved in has got some sops in the Finance Bill. The company is present in drip irrigation, food processing, ...
More
RSS Feeds