VAT is a sales tax on the “agreement for sale” between builder and buyer. .Maharashtra government has issued a notification on the imposition of 1 per cent value added tax (VAT) on the contract price of flats mentioned in the agreement of sale registered on or after April 1.
Leading banks lent 18 per cent more to car buyers in 2009-10 at Rs 33,000 crore, compared with Rs 28,000 crore in the previous year.
Due to the steep rise in natural rubber (NR) prices, tyre companies have decided to raise prices by 7 per cent across all categories. The rise may be effective from May-June.
A Reserve Bank survey has projected the economy to grow by a higher 8.2 per cent in the current fiscal
budget proposals :Settlement Scope Increased
Now search and seizure cases pending for assessment is eligible for application for settlement to Settlement Commission .
Extra Deduction of Rs 20,000 For Individuals & HUF
A deduction u/s 80CCF for an additional amount of Rs.20,000 for investment in long-term infrastructure bonds as notified by the