India Infrastructure Finance Company Limited (IIFCL), wholly owned by the Govt. of India, invites Bids from eligible Chartered Accountant firms to shortlist consultants for Professional Services in Direct & Indirect Taxation on retainer ship basis. Detailed advertisement & formats of Technical & Financial Bids (Part I & Part II respectively) can be downloaded from the website … Read more
The Reserve Bank of India has appealed to income tax assessees to remit their income tax dues sufficiently in advance of the due date. It has also stated that assessees can use alternate channels like select branches of agency banks or the facility of online payment of taxes offered by these banks. These will obviate … Read more
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, 23rd January, 2015 PRESS RELEASE Gross direct tax collection during April-December of the Financial Year 2014-15 is up by 12.93 percent at Rs. 5,46,661 crore as against Rs. 4,84,063 crore collected during the same period last year. Gross … Read more
What is Growth Rate – Growth Rate is the amount of increase that a specific variable has gained within a specific period and context. Example – Consider the below table of Sales of a company and its annual sales growth rate – Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Sales 54.20 76.00 … Read more