Budget : Income tax exemption raised to 2 lakhs
Exemption
Exemption comes from the Latin word Exemptionem which means a removal or a pulling out. Exemption means pretty much the same thing, except that it has softer undertones. An exemption can be considered as something pardoned or allowed where others were not so lucky. As in an exemption to the rule.
noun
1. The act or an instance of exempting.
2. The state of being exempt; immunity.
3. One that is exempted, especially an amount of income that is exempted from taxation.
Usage :
I was granted an exemption from the test as my grandfather had died. (He has died about 12 times now….true story…)
An exemption sets a bad precedence. (True that…)
FDI in aviation under consideration
Aviation
This word is very simply derived from the Latin word ‘Avis’ which means a bird. SO aviation very simply means anything that is connected to flight. Used mostly to denote the airline industry or airline manufacture (mostly military applications) etc.
noun
1. The operation of aircraft.
2. The design, development, and production of aircraft.
3. Military aircraft.
Usage :
The aviation industry has grown by leaps and bounds within the past 5 decades. (True that…)
The next hurdle for aviation is space. (True that…)
Pranab proposes to ease subsidy burden
Propose
I know you all think you know the word (idiots) but it has far too many uses that you must be unaware of other that the one you all are aware of. The word propose comes from pro which means forth and poser which means to put or place. The meaning simply is to place an offer on the table or to somebody. The sense of marriage proposal came sometime in the 18th century. Also, at that time marriage was for convenience rather than love, etc. (That is why they used to last in the old days) it was more of a contract that was proposed. Read all the meanings given…
verb
1. To put forward for consideration, discussion, or adoption; suggest: propose a change in the law.
2. To recommend (a person) for a position, office, or membership; nominate.
3. To offer (a toast to be drunk).
4. To make known as one’s intention; purpose or intend: proposed to buy and run a farm.
Usage :
I propose a toast to our friend who is to propose to his friend the idea of him proposing to his lover. (Legit…)
I would rather die than propose to anyone. (Still a child…)
subsidy
This comes from the French word of the same spelling; but in French it means aid or help. In English it usually means the monetary compensation offered by a government to a person or a group in support of a scheme said to be in aid of the public at large…
noun
1. Monetary assistance granted by a government to a person or group in support of an enterprise regarded as being in the public interest.
2. Financial assistance given by one person or government to another.
3. Money formerly granted to the British Crown by Parliament.
Usage :
The government should seriously increase the amount of subsidies that it offers. (Just opinion…)
The easiest thing to misuse in India is a subsidy. (True that…)
Reports on threat of sanctions speculative
Speculate
Speculate is the back formation of the word speculation. Speculate can be understood as a cross between a Gedanken and a hypothetical scenario using real life and current variables. If you understood this definition, you have understood the word speculate.
verb
1. To meditate on a subject; reflect.
2. To engage in a course of reasoning often based on inconclusive evidence. See Synonyms at think.
3. To engage in the buying or selling of a commodity with an element of risk on the chance of profit.
Usage :
Speculating on the Stock market takes a lot of guts. (True that…)
Many a times it is speculation that has ruined every good deed. (True that…)
The government proposed subsidy to many aviation industries and exempted them from some taxes so as to speculate on modernizing of the country.
“I can firmly speculate that i will be exempted of more assignments and a subsidy will be proposed for me in tandem every other weekend. Ergo , leading to an aviated career!!”. and the dream got over!!
Mr. G.Vlasto speculated the development of the aviation background in the state and proposed the formation of the Madras Flying Club in October 1930 and also requested an exemption for subsidy by the Indian Government and the club was finally incorporated in 4th march 1930
speculations about the cash strapped kingfisher airlines is that former civil aviation minister played an alleged role for the present state of the airlines as other airlines were proposed fuel subsidies except kingfisher and were given tax exemptions too.
the aviation industry proposes to buy a few new aircrafts but it is speculative about the subsidy from the government,not giving them exemption from the heavy taxes.
Tax exemption given by the government in the budget is a good move, but the speculation is that FM has played game in this deal.
Aviation ministry in India need to provide some subsidy, and also need to provide security measures for the fighter planes.
Senior citizens,women and defense personnel’s are exempted from paying tax till a particular slab.
It takes a lot of effort to run a successful aviation company.
India has keenly proposed for a collaborative restructuring of Afghanistan economic standards.
Subsidy by GOI has not been able to even cater a single issue completly since indepence.
An optimistic investor always speculate the market scenarios and finally ends in lose.
Breaking ongoing speculations Finance Minister has proposed subsidy for aviation fuel and exemption in the custom duty.
amid variety of speculations the budget 2012 did not have much to offer.duty exemptions on life saving drugs,easing of subsidiary burdens,permission to aviation sector to access foreign funds were amongst a few good proposals made by the finance minister.
after all the speculation, it was proposed by the government that the aviation industry needs not only exemptions but subsidy as well.
An aviation soldiers proposed the the Government for a subsidy to greater subsidy to soldier who died for country but ministers speculated this topic and exemption was generated.
Speculations are that Aviation bill that proposed tax exemption and increased subsidy on fuel proposed for aviation industry met with staunch opposition and might not be passed.
The finance minister has proposed an increased subsidy on LPG and service tax exemption for the aviation industry speculating a positive response to this action.
Various exemption, subsidy, etc. of 1991 economic policy proposes a speculative opportunity to aviation industry.
The aviation industry analyst proposed a speculative idea in which various insights were exempted & many subsidies were not taken into consideration.
The government PROPOSES EXEMPTION of SUBSIDY for oil used in AVIATION industry by SPECULATING that oil prices will go down in international market.
The proposal of exemption of urea subsidy may turn to an agitation in farmers; also government needs to speculate on aviation industry to allow partial FDI in it.
Stock broker PROPOSED a share with SUBSIDY and EXEMPTED tax,SPECULATING the AVIATION industry to rise up in the market.
in my school years, aviation industry proposed to me a successful subsidized career . but as i grew older i became speculative about it and exempted myself from choosing it. sometimes regret it, the other times i don’t.
In this Budget Govenment proposed an exemption of Rs. 20,000 in Tax slab and lowered the subsidy on crude oil. Aviation minister speculated the market price of oil and oraganized a meeting with PM.
The government must propose subsidy to the kingfisher airline and exempt them from some taxes so as to speculate the giant from sinking
the aviation minister proposed a bill for exempting certain taxes , after speculation on their imports of oil and asked for subsidies .
As the oil prices are increasing , the government speculates a dramatic increase in air fare and hence proposes subsidy to the aviation industry by exempting taxes.
Government officials, whose living standards are highly subsidised and salaries exempted of so many taxes, do not even speculate about the consequences on the common man before proposing the national budgets in the assembly.
aviation industry proposed government to grand subsidy and exemption in taxes after speculating dramatic increase in air fare
My friend applied in aviator industry because he is crazy about planes ,but there is no subsidy in fees he had decided to leave this field due to his bad financial condition, but after seeing his extra intelligence the college decided to give exemption in his fees.
In aviator industry the government had imposed heavier subsidy but they had speculated the tax and exempted them from paying tax by false balance sheet.
The govt. has proposed an exemption to reduce the tax in the aviation industry which may be a speculation for an increased subsidy.
The govt. has proposed to grant the aviation operators a considerable exemption in tax and has also promised to subsidies industries manufacturing the aircrafts by speculating that demand for them in foreign countries will rise in coming future.
As head of the labor union for manufacturing aviation based raw materials, I proposed an exemption in the working hours and a subsidy to the benefits enjoyed by the workers, this proposal was however judged with a lot of speculation.
The media speculated that the government would accept the proposal of granting tax exemption to the aviation industry and also of granting subsidies for their development projects.
AVIATION industries PROPOSED government for increase in SUBSIDY & EXEMPTION in tax.
Exemption- In previous year budget exemption to male assesse was upto 1.8
Aviation- In india aviation industry is growing faster.
proposed-The oil minister has proposed an increased in price of an petrol and disel.
subsidy- government of india is giving subsidy on lpg etc.
the aviation minister proposed for jet oil subsidies,inorder to exempt the burden of high price ticket buying for the regular travelers.
since kingfisher airlines went into losses, the civil aviation minister proposed its shut down and even the government gave no exemptions to compromise safety of passengers.although the government an SBI gave subsidy it didnt recover from heavy losses…but sahara’s owner subrata roy may speculate on buying of KFA.
raj variety of speculations the budget 2012 did not have much to offer.duty exemptions on life saving drugs,easing of subsidiary burdens,permission to aviation sector to access foreign funds were amongst a few good proposals made by the finance minister.
In my Skul years, aviation industry proposed to me a successful subsidized career . but as i grew older i became speculative about it and exempted myself from choosing it. sometimes regret it, the other times i don’t.
The aviation industry proposes to buy a few new aircraft but it is speculative about the subsidy from the government,not giving them exemption from the heavy taxes
Speculation of the media report says that Former aviation minister Praful Patel is the main culprit behind the present state of air-india as he did not allow tax exemptions and fuel subsidies to it.
The AVIATION Minister didn’t grant the permission to the PROPOSAL of the SPECULATIVE Kingfisher airlines of EXEMPTING the airlines tax providing SUBSIDY…
Farmers always speculate greater deed from proposed subsidies in agriculture industries and are always exepmted from loan amount.
BCCI had given subsidy for the proposal of international stadium in pune speculating that it will provide a good opportunity for youngsters.
Govt. proposed to provide more subsidy on aviation fuel.speculations are there that kingfisher will be exempted from this till the payment of its tax dues.
In this Budget Govenment proposed an exemption of Rs. 20,000 in Tax slab and lowered the subsidy on crude oil. Aviation minister speculated the market price of oil and oraganized a meeting with PM.
On speculative fall in aviation industry, government exempted it from various debts and proposed subsidy for future growth and development.
There are lots of speculations going on as to which party woud win the elections”
According to aviation minister speculation aviation industry will on the verge of success soon if his proposal on few tax exemption and subsidy on oil price is passed.
After a lot of speculation the prime minister proposed to provide subsidy to the aviation industry and give exemptions to their debt.
exemption-he was exempted from tax since he was considered as a minor under the jurisdiction
aviation-the aviation industry in mumbai earned a profit of rs. 400 crore
proposes-we therefore propose that the whole of section 12 is rewritten accordingly
subsidy-a wage subsidy is provided for those who attend
speculate-Only speculate with money you can afford to lose
Economic SPECULATOR have presented their view on the next year budget that government is suppose to provide Subsidies to the tax payers,government had already PROPOSED an EXEMPTION in tax payment for the individuals,working in civil AVIATION department.