Taxpayers Corner Articles

Direct Taxes Vs. Indirect Taxes

Posted by CA CMA CS Ram Pavan Kumar Melam 03 October 2012 57511 Views

Introduction The objective of imposing taxes for any State is to raise revenue and to pay the necessary expenses of the Government such as promotion of the public welfare, protection of its citizens, and to finance it

PPF - An Investment and Tax Saving Instrument

Posted by CA MK Agarwal 07 August 2012 64475 Views

Introduction: The stock market, despite the probability of giddy returns, can give you the heebie-jeebies due to the wild swings in share prices. Fixed deposits can be a turnoff because the intere

A fight over jurisdiction(Vodafone Case)

Posted by CA Shammi Prabhakar 30 January 2012 43041 Views

I am sure that you must have heard of Vodafone Case in News or Discussions, But very few of us are aware of the fact of the case and the real story. Its a landmark case of Indian Judic

Section 54F - Undesirable provision from an economic perspective

Posted by Mikdad Merchant 14 November 2011 19878 Views

Before I delve into my topic of discussion, let me give a short brief about section 54F of the Income Tax Act 1961. Section 54F deals with exem

Goods and Services Tax (Malaysia)

Posted by Nagesh Bajaj 08 October 2011 14664 Views

Goods and Services Tax in Malaysia may be implemented by the Malaysian Government somewhere in the third Quarter of 2011. 4% GST will replace the current sales and service tax currently levied at rates between 5% and 10%. Companies with revenue RM

80C Investment Planning for Financial Year 2011-2012 (ELSS )

Posted by Sohil 22 August 2011 32526 Views

Note::This being my first article and also I am being fairly new in this line.I am writing this article as first person and being me as reference.Articles content is true upto my knowledge with small niggles here and there if so but i am sure how it

Taxpayer's Call for Freedom.... Are they Hearing?

Posted by Preety Parik 12 August 2011 10308 Views

While addressing a large gathering at the concluding ceremony of 150 Years of Income Tax Department at Delhi, Hon President Mrs. Pratibha Patil made few important statements thats needs appreciation, these are:-1. An environment of