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Budget 2011- Central Excise hike likely
in Current Affairs & Latest News
Central Excise hike by 2% is likely in next year budget to be presented in parliament by the end of the month.

http://www.indianexpress.com/news/FM-to-exit-from-stimulus--2-pc-hike-in-excise-likely/752642

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

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    Budget is likely to make cars costlier.

    http://in.specials.yahoo.com/budget2011/news-detail/post/news/83/is-your-overall-cost-of-owning-a-car-going-up.html

    See discussion on suggestion for simplification of taxation process

    http://in.specials.yahoo.com/budget2011/news-detail/post/news/66/ensure-simplification-of-income-tax-process-infosys-cfo.html

    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/

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    In view of the proposed introduction of GST,there has to be convergence of the tax rate for both- goods and services.
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    Here is wish list of Insurance Industry from Budget.

    http://in.specials.yahoo.com/budget2011/news-detail/post/news/70/insurance-industry-wishlist-aviva-india.html

    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/

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    BJP leader Yashvant Sinha suggests raising of IT exemption to Rs. 2 lakh.

    http://in.specials.yahoo.com/budget2011/news-detail/post/news/108/raise-i-t-exemption-limit-to-rs-2-lakh-sinha-to-fm.html

    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/

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    I think Yashwant Sinha has a point but like all politicians he has been making the right noises when out of power!
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    What I expect is that the TAX limit hike.I am eagerly looking to it.
    Visit my blogs:

    http://abidareacode.blogspot.com
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    The budget is being presented on 28the February. Regarding expectations and more discussion, see the links:

    http://in.specials.yahoo.com/budget2011/news-detail/post/news/181/finance-minister-set-to-present-budget-feb-28.html

    http://in.specials.yahoo.com/budget2011/news-detail/post/news/182/upa-has-no-excuses.html

    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/

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    Today is the day of budget presentation.I am preparing my tax return!
    Visit my blogs:

    http://abidareacode.blogspot.com
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