Build your professional network on facebook via our app Go to app
 
 
 

Cut in excise and service tax up to the mark

Created by : Sudhir Shirke, Associate,bulls Research  | 02 25 2009 17:55:49 +0000
Industry : Equity Research/AnalyticsFunctional Area : India(Markets)
Keywords : cut service tax excise
Activity:  334 views;  last activity : 07 06 2010 20:18:09 +0000

Are the announced cut in excise and service tax enough according to the current situation?

  
Share
 
 
  Rate : 
 
 
Yes Vs No
4
 
 
 
 
2
1
1
Support   Support
 
Top Argument
1
0

The inflation has hit upto the extent that RBI has reduced CRR almost upto 30% but the reduction in tax is only 2% this clearly tells that the money did not reach the customers is again with the govt.
By Karthikeyan P S, Associate, ABN Amro  02 25 2009 17:59:38 +0000
0
0

This much relieve would change the economic situation from my concern. The only 2% cut in excise and service tax would be able to create more liquidity.
By Sudhir Shirke, Associate,bulls Research  | 02 25 2009 17:55:49 +0000
Argue for "Yes"
Argue for "No"
 Found the debate "Cut in excise and service tax up to the mark"  interesting ?  Suggest to your connections and communities  
Recruitment firm for Telecom Professionals
C, MPLS, VPLS, Firewal, ATCA, PPP, L3VPN, Frame-relay, ATM, Hi Looking for Switching& Routing Protocol Developers, Cambio Consulting India Pvt Ltd
GGSN/SGSN Developer, Cambio Consulting India Pvt Ltd
Looking for TR-69 protocol developers
Viewers also viewed
Gujarat government has sharply reduced tax on aeroplane fuel for flights operating within the...
 
2026 referals 13 arguments, 277 views
We all know that India has too many people and this is bad for our economic well-being . Mention...
 
608 referals 25 arguments, 4897 views
more...  
Recent Knowledge (4)
WE HAD A GOOD NUMBER OF INVENTORS WITH GREATER VISION ABOUT THE SOCIETY. INVENTORS HERE NEED NOT...
 
2 referals 2 arguments, 97 views
These days as I switch on the tv or radio or look at a hoarding I do feel that power of ads I...
 
3004 referals 23 arguments, 482 views
more...  
Sponsored Jobs
More From Author
The time which we are saying now looks similar to dot com bubble.  Will 2009 be seen as mirror image of 2001-03?
Ramalinga Raju has many split bank accounts. Do you really think that govt. was unaware of it?
Are the announced cut in excise and service tax enough according to the current situation?
more...  
  • Popular Knowledge
  •  
  •  
  • Popular Jobs
  •