Articles by Madhukar N Hiregange

New Service Tax Returns

Madhukar N Hiregange 09 April 2013 at 11:53

New Service Tax Return- Few Suggestions By CA Madhukar N Hiregange & CA Roopa Nayak A few years back we heard that the combined excise and service tax return would be 1 page. This was not to be as reform implementation have failed in the last

Role of Chartered Accountant - Going Forward

Madhukar N Hiregange 06 April 2013 at 12:03

Role of Chartered Accountant Going Forward - 2013 [Collation of some thought] Madhukar N Hiregange FCA Background In the early days businesses were small and managed by the involved person. The owner, financier, operator, seller, pur

Open Letter to FM- Budget 2013

Madhukar N Hiregange 04 March 2013 at 12:03

3rd March 2013. Dear FM Shri. P. Chidambaram, First of all thanks for your listening while taking the comments on the budget from all. We all understand that over a period of years there are some ills which have accumulated. However instead of voici

Budget 2013 - Highlights - Service Tax

Madhukar N Hiregange 02 March 2013 at 11:07

Finance Bill, 2013 has been submitted to Parliament by the Union Finance Minister, Mr.

Service Tax Amnesty Scheme?

Madhukar N Hiregange 01 March 2013 at 19:45

VOLUNTARY COMPLIANCE ENCOURAGEMENT SCHEME, 2013 (VCES) Background of the Scheme Service tax is a new emerging law and there has been lack of clarity on the applicability o

Budget 2013- Garment Industry

Madhukar N Hiregange 01 March 2013 at 19:45

Budget 2013 Impact on Garments Industry The Garment industry has suffered a lot in the in the last one year due various factors, such as increase in the cost of power, labor, transpor

Joint Charge Mechanism

Madhukar N Hiregange 25 February 2013 at 11:28

Introduction: The new service tax law based on negative list taxation was effective from 1st of July 2012. Though there are a number of aspects and issues under the same, one of the main issues of conc

Analysis of Recent Decisions - IDT

Madhukar N Hiregange 16 February 2013 at 16:40

INDIRECT TAXATION Analysis of few Recent Judgments Madhukar N Hiregange F.C.A. The analysis of 2 judgments in central excise and a few judgments in service tax h

Initiatives for Professional Development

Madhukar N Hiregange 12 February 2013 at 11:36

Initiatives of ICAI for Professional Development & Members Expectations -Way Forward CA Madhukar N Hiregange Teach a man to fish rather than give him fish as the former would allow him to feed himself for his lifetime The ICAI wa

Some Common Errors in Service Tax

Madhukar N Hiregange 26 December 2012 at 12:36

Service tax was introduced recently as compared to Central Excise Act and Customs Act. It has been seeing a lot of changes every year. The chance of the assessees (especially those who