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Articles, tagged with "finance minister", page 1


06th December 2011

GST in CANADA

In Canada Goods and Services Tax (GST) is a multi-level value added tax introduced on January 1, 1991, by Prime Minister Brian Mulroney and Finance Minister Michael Wilson. The GST replaced a hidden 13.5% Manufacturers’ Sales Tax (MST); Mulroney claimed t...

23rd November 2011

GST: DELAY IN IMPLEMENTATION

In 2006, the UPA Government announced that a comprehensive GST would be launched on 1st April, 2010 and it was believed that the introduction of GST is a difficult task, as our current structure of indirect taxes is driven by the multiplicity of taxes. So...

04th May 2011

Portugals Crisis - A New Crisis for the Euro Currency ?

Portugal's parliament rejected a new government austerity plan Wednesday, spurring the resignation of Prime Minister José Sócrates and setting off a brand new section in Europe's sovereign-debt crisis. Portugal's Prime Minister Jose Socrates, left, g...

04th May 2011

Portugals Disaster - A New Crisis for the Euro Currency ?

Portugal's parliament rejected a new government austerity plan Wednesday, spurring the resignation of Prime Minister José Sócrates and setting off a new part in Europe's sovereign-debt crisis. Portugal's Prime Minister Jose Socrates, left, gestures b...

07th April 2011

Hour Of Change

You might have noticed that the last few blog weeks have been utilized in trying to highlight the importance of energy conservation. Let it be said that there is no coincidence at work in Earth Hour being around the corner and Jaago Re deciding to open yo...

03rd March 2011

An overview of the Union Budget Speech – Expectations and Highlights

In February, people would stay glued to their Television sets for listening to Budget Speech of the Finance Minister, presented in the Lok Sabha Session. Budget 2011 is expected to bring in great relief for the international trading Communities. Foreign t...

21st February 2011

How Tax Codes Are Made Up

Are you confused about Sales Tax Items and Sales Tax Codes in QuickBooks? I was too! It took me forever to finally figure out what they actually did, how to get the sales tax liability report to look right, and where they showed up on that report. After r...

18th February 2011

Debt Advice May Be Needed For Tax Code Victims With Underpaid Tax

From the Items List, press Control-N. Select Sales Tax Item. Enter a name for the sales tax - something simple is fine, something that makes sense to you. Enter a more detailed description on the next line. Enter the tax rate, and choose the state reporti...

17th February 2011

How Do Tax Code Changes in September Affect You

First, select the Tax Item box. If this customer lives out of state or is otherwise non-taxable, select the Non Taxable sales tax item you established above. If the customer lives in-state or is otherwise taxable, select the Taxable sales tax item you est...

16th February 2011

Can petroleum products forms part of GST?

By Atul in Taxes
In our previous article we discussed about the Orissa’s demand to keep coal royalty out of the purview of the Goods and Service Tax (GST). That Orissa came out with a demand to keep coal royalty out of the purview of the Goods and Service Tax (GST). If it...

26th January 2011

Can This New Year Bring Consensus

Just like all other years, year 2010 had also passed. We all would recall this year for different reasons and at different points of time in our life but our Finance Minister would definitely recall this and that too for an important reason i.e. Goods and...

18th January 2011

No Reduction In The Intensity Of GST Work

By Atul in Taxes
As the future of the Goods and Services Tax is still uncertain in India but our efforts to elaborate the broader concept of “GST” will continue in the same manner. Even after facing such a huge setback on major issues such as GST structure, Constitutional...

13th January 2011

GST WILL NOW MOVE WITH TORTOISE

Finally the Finance Minister Mr. Pranab Mukherjee speaks about the future of the Goods and Service Tax and the words spoken by him were not surprising at all. GST is unlikely to be implemented from the scheduled date of April 1, 2011. Now he is looking...

07th January 2011

GOVERNMENT IS LOOSING ITS MOMENTUM

The idea of dropping the most quarrelsome issue of Constitutional Amendment from the recently concluded meeting of the Empowered Committee of the State Finance Ministers didn’t work well for the Government as it also failed to provide any fruitful results...

21st December 2010

French Government to Downsize Online Presence

The French administration under President Nicholas Sarkozy announced earlier this week that it will reduce the number of websites owned and operated by the central government tenfold over the next two years. A far cry from the more than six hundred sit...

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