M. N. Choksi & Co. , Chartered Accountants ( MNCC )

M. N. Choksi &  Co.

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Budget Synopsis 2007


 

Government of India

“We need faster growth because, at our level of incomes, there can be no doubt that we must expand the production base of the economy if we want to provide broad-based improvement in the material conditions of living of our population, .......... But growth alone is not enough if it does not produce a flow of benefits that is sufficiently wide-spread. We, therefore, need a growth process that is much more inclusive, .......... and which also ensures access to essential services such as health and education for all sections of the community”.

Dr. Manmohan Singh,

Prime Minister



BUDGET 2007-08 Presented on February 28, 2007 ,


Key Features of Budget 2007-2008

TAX PROPOSALS ( Click on the links below for more details )

INDIRECT TAXES

Excise Duties
Service Tax

DIRECT TAXES

Income Tax
Dividend Distribution Tax
Fringe Benefit Tax
Banking Cash Transaction Tax
Cess

 

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