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Chidambaram sharpens tax axe for the big fish

Finance Minister P Chidambaram is planning to tighten the tax network. There is a plan to revive the large taxpayer units (LTUs) set up by him in 2006. The finance ministry may make it......

Paints: Cut customs duty

Indian Paint Industry is estimated to grow by about 22% in FY11 to Rs 25,600 crore (value terms) over the previous year.While the organized sector accounts nearly 65% of the market share, the......

Now, 'relationship managers' enter I-T dept

'Happy to help you' may remind you of the famous ad of a private telecom services company, but the Income Tax department is also eager to tell large corporate taxpayers roughly the same thing.So,......

Mumbai sees 60% rise in I-T collection

BackBuoyed by a 60 per cent growth in income tax collection in Mumbai, Finance Minister P Chidambaram on Friday said he expected the country's financial capital to do even better in the next......

Paying taxes to be easy for firms

After a delay of almost a year, the Large Tax Payers' Unit will be functionalin Mumbai from March 28.Large tax payers' unitallows companies to pay all their taxes -- excise duties, service tax and......

Gujrathi, Sethuraman in line for medal at World Junior Chess Championship

Indian Grandmasters Vidit Gujrathi and S P Sethuraman placed themselves for a medal contention as they defeated Jorge Cori of Peru and Vladislav Kovalev of Belarus respectively in the 12th and......

Grover, Gujrathi tied third at World Junior Chess

Grandmaster Sahaj Grover failed to capitalise on his chances and played out a draw with Iranian Pouya Idani, while Vidit Gujrathi defeated Polish Marcel Kanarek to be jointly third after the eighth......

Gujarathi, Grover scripts wins at World Junior Chess

Indian Grandmasters Vidit Gujarathi and Sahaj Grover maintained a clean slate, defeating Tomas Laurusas of Lithuania and Vyacheslav Lozhnikov of Kazakhstan respectively in the second round of the......

Humpy crashes out of World women's chess

Grandmaster Koneru Humpy, the highest rated player in the fray, crashed out of the World Women's Chess Championship after failing to capitalize on her chances against Natalia Zhukova of Ukraine in......

Humpy shocked by Zhukova at World women's chess

Top-rated Grandmaster Koneru Humpy suffered a shock defeat at the hands of Natalia Zhukova of Ukraine in the first game of the second round at the World Women's Chess Championship, in Khanty......

  People speak for ltu

  • QNA
Q. what is meaning of Large tax payer ? who is liable to pay LTU ? what amount fixed for Large taz payer? plz tell me......
:  A. assessee who pay tax more than 50 crores more

suguna guna
Q. We have a DTA unit having 13 branches located at different placed falling under Excise Jurisdiction and also an EOU company under Customs Jurisdiction. Because of LTU, is it necessary for the EOU under Customs range to report to Excise?
Suguna Guna:  A. Quite complicated. Consult an expert. more

Q. Has the UPA govt ensured good law and order situation?
Psslakshmi :  A. FaLtu ka q hai..apni party ki pubLiciTy ke Liye...ha ha ha..(lol) more

Maya Bolas
Q. Should there be a STRICT birth control law considering the capacity of the couple?
Maya Bolas:  A. pehLe hindu-musLim mudda tO haL ho jaye..Kiski bheeD jyada honi tO tay ho jaye..Bekar ke faLtu ke roz bhukhe,berojgar,kisi kam ke...... more

Q. how many countries are participate in this olympics ?
BHUSHAN:  A. 209,All the countries which would be participating in Beijing Olympics 2008, with their olympic team code Afghanistan AFG Albania ALB Algeria ALG...... more

  Web results for Ltu
Gutka ban cuts excise revenue of Ahmedabad zone

AHMEDABAD: Ban on Gutka in September 2012 and shifting of Tata Nano's excise account being an LTU (Large Taxpayer Unit) to Mumbai has resulted in... ...
Image Recognition Market by Method & Application - Worldwide Market Forecast (2014-2019)

/PRNewswire/ --Dublin - Research and Markets ( has announced the addition of... ...
Northland Receives Positive DFS on Hannukainen IOCG Project

- Northland Resources S.A. (OSLO:NAUR)(FRANKFURT:NPK)(OMX:NAURo) (together with its subsidiaries "Northland", "NRSA" or the "Company") is pleased... ...
Apathy dogs tax centre

Calcutta, March 15: The finance ministry has expressed concern about the lukewarm response to the large taxpayer unit set up in Calcutta in October... ...
College Students Unveil Renderings At Steel Market Development Institute's Steel Wheel Design Competition Awards Presentation

/PRNewswire/ -- The Steel Market Development Institute's (SMDI) Wheels Task Force, in partnership with Michelin, announced the winners of its fifth... ...

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