New: Budget 2013-14 - 1. Proposal to introduce Commodity Transaction Tax (CTT) in a limited way. CTT applicable on the sale of commodities. Agricultural commodities will be exempted. CTT shall be at the rate of 0.01% on the value of transaction and the tax shall be payable by the seller.2.No change in the normal rates of 12 percent for excise duty and service tax.3. Excise duty on SUVs increased from 27 to 30 percent. Not applicable for SUVs registered as taxis.4.Proposals to levy Service Tax on all air conditioned restaurant.5.Additional deduction of interest upto 1 lakh for a person taking first home loan upto 25 lakh during period 1.4.2013 to 31.3.2014 (Total 2.5 lacs) Budget 2013-14!!!

CS Coaching

Subscribe to CSFuturz

CS Futurz

↑ Grab this Headline Animator

Monday, January 16, 2012

Sebi to reform IPO norms


Capital markets regulator Sebi on Thursday said it is in the process of reforming the initial public offer (IPO) norms to ensure minimum price volatility on the day of listing. "We are in the process of reforming IPO process which will ensure that much safer process and volatility in the initial days of listing is much less ... We are looking into every aspect," Securities and Exchange Board of India (Sebi) whole-time member Rajeev Agarwal said. - www.business-standard.com
Posted by at
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)