Others Articles

Service Tax Amendments - Union Budget 2015-16

CS Aditya Singhania 28 February 2015 at 16:53

Change in Rate of Service Tax Rate The Service Tax rate is being increased from 12% plus Education Cesses to 14%. Effective increase in Service Tax rate will be from existing rate of 12.36% (inclusive of cesses) to 14%. w.e.f:The new Service Tax rate

New Income tax slabs for 2015-16

Guest 28 February 2015 at 15:28

DIRECT TAXESA. RATES OF INCOME-TAX I. Rates of income-tax in respect of income liable to tax for the assessment year 2015-2016. In respect of income of all categories of assessees liable to tax for the assessment year 2015-2016, the rates of incometa

Key Features of Budget 2015-16

Guest 28 February 2015 at 14:56

INTRODUCTION Credibility of Indian economy has been re-established in the last nine months. Indian economy about to take-off on a fast growth trajectory. Most growth forecasts have upgraded Indian economic growth while downgrad

Over 8% growth in 2015-16: Key Highlights of the Economic Survey 2015

Bimal Jain 28 February 2015 at 12:20

Dear Professional Colleague, Over 8% growth in 2015-16: Key Highlights of the Economic Survey 2015 Ahead of the Union Budget 2015, the Hon'ble Finance Minister Shri Arun Jaitley tabled today Economic Survey Report 2015 in the Parliament, outlini

Jaitley's Budget tasks

Guest 27 February 2015 at 11:51

For the Modi Government, shell-shocked by the excruciating electoral results in the national capital in the second week of this month still rankling, the need to recapture its larger-than-life-size image is too important to be left to the tame prepar

Key Highlights of Rail Budget 2015

CA SONIYA AGARWAL 27 February 2015 at 10:41

Indian Railway Minister Suresh Prabhu announced the much awaited Railway 2015 budget at 12 noon on Thursday February 26. Chartered Accountant-turned Railway Minister Suresh Prabhu put forward Premier points like: Energy Conservation, Technology Absor

Analysis on debt service coverage ratio (DSCR)

CA N RAJA 27 February 2015 at 10:40

MANU CONVERSATION BETWEEN MANU AND VINU ABOUT DSCR (DEBT SERVICE COVERAGE RATIO) VINU Manu Hi Vinu! Vinu Hi Manu! I was about to call you! Thank god,

The Budget traditions

Anjani Kumar Sharma 26 February 2015 at 10:40

The Union Budget brings in a lot of colours and excitement with it. There are myriads of rituals and traditions forming part of the rich heritage. In an effort to identify the most interesting rituals we have compiled the following: The 5:00 P.M. St

Union Budget - My story and history

Anjani Kumar Sharma 25 February 2015 at 10:12

February is a month of love and proposals. This statement holds true even for Chartered Accountants. Although, the proposal which invokes excitement in Chartered Accountants are the Tax proposals presented by the Finance Minister in the Union Budget

Budget wishlist: What govt must do to ease pain of common man?

Rakesh Nangia 24 February 2015 at 17:43

As February 28 draws closer, a lot of expectation has built up on the tax front as this will be the first full-year Budget to be presented by the Modi government. The government has previously conveyed its intention to simplify the taxation system an