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Articles by Vinesh R Savla

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Revisionary notes on IT (CA-IPCE) for May 2016 Exams

  Vinesh R Savla    12 May 2016 at 10:33

Unit 1: Business Process Management & IT From a business perspective,- A process is a coordinated and standardized flow of activities,- Performed by people or machines,- Which can traverse functional boundaries to achieve a business objective and

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Posted in Students  1 comments |   7794 Views

Service Tax - Taxability, Negative list & Exemptions

  Vinesh R Savla    27 April 2016 at 11:05

Taxability, Negative list & Exemptions in Service Tax Charge of Service Tax: On All service unless specified in Negative list or Exempt.Not a service - So Not taxable: (i) Sale, Gift(ii) Deemed Sale (Article 366 of the Constitution)(iii) Transact

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Posted in Students  4 comments |   17928 Views

Amendment in Indirect tax for IPC exams

  Vinesh R Savla    01 April 2016 at 11:12

Basic Concepts of Service Tax Amendments by Finance Act, 2015: 1. (i) Service tax rate enhanced from 12% to 14% and(ii) Levy of education cesses on taxable services ceased to have effect [Section 66B]Thus, the new service tax rate has come into effec

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Posted in Exams  3 comments |   13761 Views

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