Articles by CA.Hanumantha Reddy

Union Budget 2014 - Part II

Posted by CA.Hanumantha Reddy 21 July 2014 13555 Views

UNION BUDGET 2014-15Direct Taxes No change in corporate tax rate. No change in surcharge for all taxpayers Education cess remains same for all taxpayers. Insertion of new clause with effect from 01.10.2014 section 2(13A) Business Trus

Union Budget at glance Direct and Indirect

Posted by CA.Hanumantha Reddy 06 March 2013 21831 Views

Budget at glance for financial year 2013-2014 DIRECT TAXES Corporate tax rates remain unchanged Surcharge Domestic companies: Surcharge has been increased to 10% from 5% if the total income exce

Budget 2010 - Indirect Taxes

Posted by CA.Hanumantha Reddy 14 April 2010 16140 Views

Service Tax: The service tax effective rate is remains unchanged @ 10.3% Important amendment to the existing provisions: · Amendment of Section 65 (19) Business Auxiliary Service (BAS) - in sub – clause (ii) the explanatio

GST (First white paper )

Posted by CA.Hanumantha Reddy 30 November 2009 22795 Views

Government of India unveiled on 11TH Nov 2009 First Discussion Paper on Goods and Services Tax. Highlights: The Structure-Dual The proposed GST structure in India proposes dual structure. GST shall have two components- Central GST and State GST. Th

Budget at glance on service tax

Posted by CA.Hanumantha Reddy 14 July 2009 9711 Views

Budget 2009 (2) · The rate of service tax remain unchanged · Basic duty of import remain unchanged· CST rate has been remain unchanged· GST comes in 2010 Service Tax Introduction of New Ser