Wednesday, February 27, 2013

India - Pre Budget Memorandum 2013-2014 - How do you view increase in depreciation rate called by Engineering associations?


CII for higher depreciation rate, lower CST


New Delhi, Jan 14, 2013 (IANS)

Calling for some tax reforms to revive growth, the Confederation of Indian Industry (CII) Monday asked the government to allow higher depreciation rate on plant and machinery from the current 15 percent to 25 percent for the next three to five years.   Article Source: http://www.deccanherald.com/content/305177/cii-higher-depreciation-rate-lower.html Publication Date: 14 Jan 2013   Discussion Link: http://lnkd.in/xw8iES



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