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Community & General Articles


A brief explanation of insertions of budget wrt finance bill

Posted by CA Sumat Singhal 17 March 2012 8815 Views

A brief explanation of insertions of budget wrt finance bill Deduction for Donation not allowed for cash donations in excess of ten thousand rupees Prohibition of cash donations in excess of ten thousand rupees Section 80G of the Income-tax Act pro



Budget Changes - Direct Taxes - Some Important Sections

Posted by VISWESWARA RAO 17 March 2012 23873 Views

Budget 2012-13 HIGHLIGHTS IN DIRET TAX SOME OF IMPORTANT SECTIONS: i. Rates of income-tax For resident Individuals, HUF,AOP, BOI and Including Women assessee (1) Rs. 0/- to Rs. 2,00,000 - Nil Rs. 2,00,001 to Rs. 5,00,000 10% Rs. 5,00,001 to Rs.



Union Budget 2012 - Highlights for Salaried Individuals

Posted by CMA Ramesh Krishnan 17 March 2012 20465 Views

Introduction:The Budget for 2012-13 presented by Finance Minister Pranab Mukherjee in the Lok Sabha on 16th March 2012. I would like to list of some key points related to salaried case impl



Key Features of Budget 2012-2013

Posted by Guest 16 March 2012 30669 Views

APPROACH TO THE BUDGET 1. For Indian economy, recovery was interrupted this year due to intensification of debt crises in Euro zone, political turmoil in Middle East, rise in crude oil price and earthquake in Japan. 2. GDP is estimated to grow b



Union Budget 2012-13 Highlights

Posted by Guest 16 March 2012 34248 Views

Budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters GDP growth to be 7.6 per cent (+ 0.25 percent) during 2012-13 Amendment t



Fiscal consolidation a must for the budget : Exclusive chat with CA Mohandas Pai

Posted by Guest 16 March 2012 23558 Views

As rightly said, that it is not title's that honour men, but men that honour titles. Such as are the ones who change the world with their vision. Today we have such a gem with us, who has changed the way of corporate working.



Great Expectations - Union Budget

Posted by Vijay Kalia 16 March 2012 6006 Views

The budget is scheduled to be presented on 16TH the Friday and I expect some of the measures herein after detailed though the big ticket reforms in the form of DTC and GST are kept at bay. DTC (2010) the recommendat



Honourable Finance Minister, could you please be our Santa?

Posted by Shivanand Pandit 15 March 2012 7047 Views

Respected Sir,Congrats! Nation is gearing up for Budget!Its that time of the year when you are preparing next years budget for presentation in parliament. Hopefully this Budget is not just an annual exercise but an effort to



Greece Financial Crisis - Part 3: Impacts

Posted by praveen 15 March 2012 10073 Views

This is the last part of my article If you want to read the First Part: Evolution Click here If you want to read the Second Part: Measure Click here Let us know about the causes of the crisis and methods adopted to come out of the crisis



Capital Budgeting Techniques - Analysis

Posted by Chiranjiv Singh 15 March 2012 31100 Views

1. CAPITAL BUDGETING TECHNIQUES are explained as follows: a. Payback (Pb) Rule: This is the most basic rule/technique of capital budgeting, where one determines the time period in which the periodic cash flows will be able to completely recover




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