Community & General Articles

Effective dates of various provisions. Of BUDGET -09-10

Posted by CA. Amit Daga 13 July 2009 11958 Views

Effective dates of various provisions. Of BUDGET -09-10. In the Income Tax side, most of the provisions of the Finance Bill will come into force with effect from 01.04.2010; here is a list of some important provisions and their effective dates.

Safe Harbor powers:A Double Edged Sword in the hands of CBDT

Posted by G Anandhi 12 July 2009 9142 Views

Safe Harbour Provisions in India Transfer Pricing: A Double Edged Sword in the hands of CBDTBy G.Anandhi, Grant Thornton India Transfer Pricing, HyderabadIntroduction: In exactly eight years since the introduction of transfer pricing provisions in

Monsoon Budget 2009...Spells of Monsoon

Posted by baba kishore mutta 09 July 2009 5729 Views

MONSOON BUDGET 2009.....Spells of MonsoonConcept Conceived & Written ByBaba Kishore Mutta mail your feedback at babakishore@gmail.comNote: The discussion in the ensuing paper is an effort to simplif

Mergers & Acquisitions : A Conceptual Overview

Posted by CA. Harsh Thaker 08 July 2009 17193 Views

In today’s dynamic Business world Mergers & Acquisitions (M&As) are becoming a common and regular feature for majority of corporate houses. This article throws light on various implications and aspects connected with a Merger & Acqu

MAT Effect

Posted by CA Nilamani Mohanty 08 July 2009 7780 Views

MAT rate from 10% to 15% will result in higher cash outflow for zero-tax companies. At a time, when most industries are facing credit crunch, imposing higher tax, for which credit may be available in future, seems to be out of sync with the finance m

The FM Says It Right

Posted by Equitymaster 07 July 2009 4219 Views

A single Budget speech cannot solve all our problems, said the Finance Minister Mr. Pranab Mukherjee as he began his speech today. And what he delivered (or didnt) was exactly what he said at the start. His budget for 2009-10 is now being seen as a n

Budget 2009 belies expectation of taxpayers

Posted by Guest 07 July 2009 4302 Views

The Union Budget 2009 has belied the expectations of all tax payers especially income tax payers! There is noting to cheer by aam aadmi as perhaps aam aadmi means a person who is not earning an income liable for Income Tax-that is what the UPA govern

Budget is not focused on Aam Adami

Posted by CA Nikita 07 July 2009 4572 Views

Budget is not focused on Aam Adami- CA Sudhir HalakhandiCA Nikita Jain - Now the Budget for the year 2009 has been presented and we have with us the Tax expert and eminent tax columnist and writer CA Sudhir Halakhandi Once again to give his reactions

Budget 2009-10: General Comments

Posted by Rajesh Kumar 06 July 2009 5536 Views

In the budget the Hon’ble Finance Minister emphasizes inclusive growth in the challenging global scenario. The budget took into consideration the falling growth rate and its impact on social sectors. The budget provides greater outlay for rura

UNION BUDGET 2009: THE EXPECTATIONS

Posted by Manoj Kumar Joshi 06 July 2009 4878 Views

The Union Budget for 2009-10 will soon be presented by the newly-formed Government at the Centre against a backdrop of relative stability on the domestic political front and continuing economic uncertainty in the global arena. While the expectations