Any updates on this question? On Mon, Jun 8, 2009 at 9:59 AM, prabhu adv <[email protected]> wrote:
> hi > can you please tell from when this Exemption from Profession Tax for salary > income upto Rs.5,000/- i.e increase from Rs.2,500/-. is effective? > thanks > > On Fri, Jun 5, 2009 at 10:41 AM, Vinod Dasani <[email protected]>wrote: > >> >> >> Warm Regards, >> >> --------------------------------------------------------------------------------------- >> CA. Vinod Dasani >> Website: www.charteredaccountant.co.in >> Cell: +91-9322238407 >> Skype: vinod.dasani >> Public Profile: http://www.linkedin.com/in/vinoddasani >> Blog: http://vinoddasani.blogspot.com/ >> >> --------------------------------------------------------------------------------------- >> >> >> >> >> Dear All, >> >> MAHARASHTRA STATE ADDITIONAL BUDGET 2009 >> >> presented on 4th June, 2009 >> >> HIGHLIGHTS AND CHANGES >> >> An Additional Maharashtra State Budget is presented by Finance Minister >> Shri. Dilip Welse-Patil on 4th June, 2009 and the major highlights and >> changes proposed are noted below : >> >> - >> >> *Penalty for late returns* under MVAT Act *reduced to Rs.5,000/-* from >> Rs.10,000/-. >> - >> >> *Exemption from Profession Tax for salary* income *upto Rs.5,000/-*i.e >> increase from Rs.2,500/-. >> - >> >> *Simplified VAT Refund Scheme for* the dealers with *refund below Rs.5 >> Lakhs*. >> - >> >> *Relief to Tax Payers not yet enrolled* under *Profession Tax.* >> - >> >> *Amnesty Scheme under Profession Tax* for *transport permit holders*. >> - >> >> *Tax Concessions and reduction in Taxes -* >> - Tax reduced from 8 percent to 5 percent for *Hotel dealers under >> Composition Scheme*. >> - Tax concession to *timber* upto 31st March 2010. >> - reduction in tax rate on Cotton Ginning and Pressing machinery >> - Tax reduced on Solar energy devices and CFL >> - Tax reduced on Plastic mats and Agarbatti. >> - Domestic LPG stoves, imitation jewellery, Shikakai and Ritha to >> have lesser rate >> - Reduced tax on composting machines >> - Reduced rate of tax on Medical Equipment >> - >> >> *Increase in Taxes -* >> - Rate of VAT on *liquor* increased from 20 percent to *25 percent* >> - Rate of tax on *tobacco products, cigarettes* increased from 12.5 >> percent to *20 percent* >> - Hike in rate of tax on *mobile phones, digital cameras, video >> camera, gypsum board* >> - >> >> Four wheeler to pay *price based tax under Motor vehicle tax*. >> - >> >> *Restructuring of Stamp Duty* on various agreements. >> >> Thanks >> Mera Consultant >> http://www.meraconsultant.com >> >> >> >> __._,_.___ >> >> >> >> >> > > > -- > Regds > Prabhu > www.companylaws.blogspot.com window to legal updates > Join http://groups.yahoo.com/group/CompensationIndia forum of payroll > users > > Join http://groups.yahoo.com/group/ptIndia forum of professional tax > issues > -- Regds Prabhu www.companylaws.blogspot.com window to legal updates Join http://groups.yahoo.com/group/CompensationIndia forum of payroll users Join http://groups.yahoo.com/group/ptIndia forum of professional tax issues --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Skorydov MyTaxAssistant Member Group" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/SkorydovMyTaxAssistant?hl=en -~----------~----~----~----~------~----~------~--~---
