Ashish Ray & Co, Chartered Accountants

Ashish Ray & Co, Chartered Accountants updated their business hours.

Ashish Ray & Co, Chartered Accountants updated their business hours.

Ashish Ray & Co, Chartered Accountants updated their address.

Ashish Ray & Co, Chartered Accountants updated their address.

Ashish Ray & Co, Chartered Accountants updated their address.

Ashish Ray & Co, Chartered Accountants updated their address.

Ashish Ray & Co, Chartered Accountants updated their website address.

Ashish Ray & Co, Chartered Accountants updated their website address.

Ashish Ray & Co, Chartered Accountants updated their phone number.

Ashish Ray & Co, Chartered Accountants updated their phone number.

My 1st dream is to see middle class tax payers as exempted individual from paying income tax....

The Indian economy expanded 7.9 percent year-on-year in the first three months of 2016, higher than a downwardly revised 7.2 percent growth in the previous quarter and much better than market expectations of a 7.5 percent increase. It is the best performance in six quarters as the farm sector rebounded and grew 2.3 percent and manufacturing jumped 9.3 percent.

By industry, the most important and the fastest growing sector of Indian economy are services. Trade, hotels, transport and communication; financing, insurance, real estate and business services and community, social and personal services account for more than 60 percent of GDP. Agriculture, forestry and fishing constitute around 12 percent of the output, but employs more than 50 percent of the labor force. Manufacturing accounts for 15 percent of GDP, construction for another 8 percent and mining, quarrying, electricity, gas and water supply for the remaining 5 percent.

Products & Materials become costlier in India or Its a picture of "GROWING INDIA" ?

Comment.........

“Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.”

"60 vs USD" ??
The top 3 reasons why rupee hitting record -
1) Rising deficit is bad for India as it exposes the economy to the risk of sudden stop and reversal of capital flows.

2) FII have been selling index futures in the last week resulting weakness in domestic equities.

3) Oil and gold imports account for 35 per cent and 11 per cent of India's trade bill respectively, in short - rising import bill.

4) The UPA government is unlikely to deliver far reaching reforms to generate heavy capital inflows, showing weak economic fundamentals.