Taxpayers Corner Articles

What's Your Score?

Posted by TIRTHA RAY 29 August 2013 17241 Views

What is CIBIL? Credit Information Bureau (India) Limited or CIBIL is a Credit Information Company (CIC) founded in August 2000. CIBIL come to play a critical role in India's financial system. CIBIL collects and maintains records of an individual's pa

Top 10, Myths about Income Tax Return Filing on 31st March, 2013 (Deadline)

Posted by F.S Dhiman 29 March 2013 57786 Views

Top 10 , Myths about Income Tax Return Filing on 31st March ,2013 (deadline) 1. The date is for return of this year ending 2013 No , infact only those assessee have to file return who have nil tax , or ready to pay tax with 1% inter

Sweep Transfer your Fund - Make your unused funds earn more

Posted by KCJM and Associates 16 February 2013 13444 Views

So what is Sweep Account? A sweep transfer account is integration of your normal savings account to an investment account. There are a lot of unused funds laying in your savings b

FAQs On Rajiv Gandhi Equity Saving

Posted by KCJM and Associates 16 February 2013 13854 Views

Frequently Asked Questions on Rajiv Gandhi Equity Savings Scheme,2012 (I) Introduction to Rajiv Gandhi Equity Savings Scheme, 2012 1) What is Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS)? A. With an objective to encourage flow of savin

Direct Taxes Vs. Indirect Taxes

Posted by CA CMA CS Ram Pavan Kumar Melam 03 October 2012 57480 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 64431 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 42989 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 19838 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 14621 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 32491 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