Archive for February, 2009

LAST DATE OF FILLING MVAT AUDIT REPORT IS ON 2ND MARCH 2009

Friday, February 20th, 2009

The dealers having gross purchases or sales more than Rs.40.00 Lakhs during the F.Y 2007-08 should get their books of Account audited by Chartered Accountant or Cost Accountant and will have to submit VAT Audit Report to Sales Tax Department by 02/03/2009 earlier it was 31/01/2009.
The dealers holding license under Foreign Country Liquor Regulations should [...]

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Posted in General, TAXATION, VAT | 3 Comments »

INDIA’S INTERIM BUDGET: FINANCE MINISTER FAILS TO ACT ON ECONOMIC SLOWDOWN

Tuesday, February 17th, 2009

The Industrialist, investors & common man had a
close eye on the interim finance budget and were
eagerly waiting for 3rd Stimulus Package in form
of the budget. But New Delhi failed to deliver it to
its citizen.
Monday was the complete whitewash for everybody. The tax rates for F.Y. 2009-10 were kept same as [...]

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Posted in Business, General, TAXATION | 1 Comment »

INCREDIBLE INDIA! ROCKS THE WORLD

Friday, February 13th, 2009

It was indeed a wonderful experience to watch a Government of India’s Tourism Department add i.e. INCREDIBLE INDIA. I really liked the advertisement. At the beginning I thought it was a add of a TV show but I was surprised to see that it was of government. A deep study has been done by GOI [...]

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Posted in Business, General | 1 Comment »

SIXTH PAY: WAS IT NECESSARY?

Sunday, February 8th, 2009

Recently the Maharashtra Government in India announced implementation of 6th Pay Commission for its state government employees from retrospective date i.e. 1st Jan 2006. This pay is going to benefit nearly 14 lacs employees & 7042 pensioners. I don’t understand why government is partial between government employees & private employees. On going economic slowdown in [...]

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Posted in Business, General | No Comments »