A day after data on direct tax collections indicated dismal growth in key sectors, the bad news was confirmed on Friday by fresh data on the growth of six core infrastructure sectors, which showed they had grown by just 3.9% in the first half of current financial year, a sharp dip from 6.9% for April-September […]
Tag: Tax Collections
Core sectors show sharp dip in growth
November 8, 2008 – 1:38 am
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Posted in Real Estate News
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Also tagged Aberration, Anecdotal Evidence, Cement., Central Excise, Core Infrastructure, Corporates, Direct Taxes, Downward Spiral, Finance Ministry, Growth Momentum, Infrastructure Sectors, Inventories, Oil Companies, Petroleum Refining, Slowdown
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Economists’ Recommend Not To Cut Direct Tax Rates In Budget
January 28, 2008 – 5:41 am
Jan 09, New Delhi: Finance Minister P Chidambaram received two contradictory suggestions from economists and industrialists. “Given the circumstances that there a number of fiscal stress points in the offing, like oil bonds, MSS, pay commission, it is not prudent to start thinking of reducing tax rates,” Standard & Poor’s Chief Economist (Asia-Pacific) Mr. Subir […]
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Also tagged Advalorem, Budget, Chief Economist, Currency Speculation, Currency Value, Custom Duty, Duty Rates, Excise Duties, Finance Minister, Fiscal Stress, India Inc, International Economic Relations, Oil Bonds, Oil Sector, P Chidambaram, Personal Income Tax, Rajiv Kumar, Revenue Implications, Stress Points, Tax rates, Tobin Tax
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