Community & General Articles

The master stroke of Jaitley in the budget

Posted by CA SURENDRA KUMAR RAKHECHA 02 March 2015 19315 Views

A good number of FARMERS (or DEEMED FARMERS) areSUPER RICH but due to restrictions imposedin the Constitution of India, Income-tax can't be levied on them..Only 10% of Indian population file its return

Service providers be ready to fulfill the dream of Modi's 'Swachh Bharat'

Posted by Pradeep Jain 02 March 2015 12181 Views

It is a regular practice of the government to follow tactics that are illusive and misleading. One of the tricks adopted by the government while increasing the rate of service tax is that during the Budget Speech, the Honble Finance Minister a

Clause by Clause Analysis of Service tax in Budget 2015

Posted by Swapnil Munot 02 March 2015 13604 Views

Changes in • Finance Act 1994 • Service Tax Rules 1994 • Exemption Notification • Reverse Charge Mechanism • Abatement Provisions • Miscellaneous Provisions To read the full article: Click Here

Taxation amendments with analysis - Budget decoded 2015

Posted by CA Animesh Singi 01 March 2015 24386 Views

Hi friends, so the 2nd budget of Modis government is finally out of old box. Intention of poor budget is already predictable from the past steps that government took regarding increase in duties on petrol & diesels, followed by hike in fre

Budget 2015 - Reform Agenda Missed: Indirect Taxes?

Posted by Madhukar N Hiregange 01 March 2015 6388 Views

The indirect tax proposals as per the BJP manifesto in 2014 promised the world to the voters with regard to corruption and administrative reforms. The fall in the oil

Budget 2015-16- All about service tax proposals

Posted by CA Nikhil Jhanwar 01 March 2015 11718 Views

Ist Full Year Budget of New Government has been introduced in Parliament on 28th February, 2015. This Article intends to outline key amendments made in Service Tax. A. Changes effective from enactment

Highlights of Union Budget 2015- Direct Tax Perspective

Posted by Pavan Jain S 01 March 2015 26571 Views

Section /Schedule Head Amendment/New Provision Effective date Part III to Schedule I Advance taxes & TDS u/s 192 Advance t

ST insights in Union Budget 2015-2016

Posted by Deepak Bansal 01 March 2015 16676 Views

1.0 Rate of Service Tax[Effective from a date to be notified by Central Government after enactment of Finance Bill] For alignment of Service Tax Rate with GST Rate, it has been proposed to increase the rate of Service Tax from 12% plus Education Cess

Union Budget 2015-16 - Explanation,Analysis and Deficiencies

Posted by CA Chiranjiv Kumar 28 February 2015 23775 Views

BUDGET 2015-16 AND ITS ANALYSIS CPI Inflation 11.2% in Nov. 2012 5.1% Currently Current Account Deficit (CAD) 4.6% GDP (1st quarter of 2013-14) 1.3% of GDP expected Fiscal Deficit 4.5% of GDP in 2013-14 4.1% of GDP expect

Significant Changes in Excise & Service Tax under Budget 2015-16

Posted by Anandaday Misshra, Advocate 28 February 2015 48136 Views

Change in Excise & Service Tax Rate Central Excise duty to be rounded off to 12.5 % (from 12.36 %) Service tax to be increased from 12.36 % to 14 %. Date of levy of new rate shall be notified after enactment of Finance Bill 2015. Till the time it