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New Taxes Imposed by Indian Government - Krishi Kalyan Cess

  Padam Chhabra    04 June 2016 at 11:02

Krishi Kalyan CessThis June, the cost of services is going up. Govt. of India on 30th of May 2016, announced a new tax on all the taxable services. The new tax is Krishi Kalyan Cess of 0.5 percent which will be applicable from 1st June. This will mak



Taking a Loan? What should you choose: A Bank or an NBFC?

  Manjinder    04 June 2016 at 11:02

Middle class is growing at a fast pace and so are their needs and demands. They have better jobs and salaries. This class is improving their lifestyle drastically whether by buying a car or a house. But buying a car or a house needs a lot of investme



Procedure for Opening of Branch Office by Foreign Entity

  Komal Tiwari Pandey    04 June 2016 at 11:02

ESTABLISHMENT OF BRANCH/LIAISON OFFICES IN INDIA{Ref. Notification No.FEMA.22/2000-RB dated 03rd May, 2000 as amended from time to time}Prohibition against establishment of branch or office in India by certain persons of certain countriesNo person be



How to crack group discussion

  Shaurabh Gupta    04 June 2016 at 11:02

How to crack Group DiscussionHello friends, I would like to share with you how we can tackle group discussion (i.e. GD). GD is an important part of interviews and most of us don't know how to survive in GD. First of all we should know that GD is not



Get ready for the shower of changes in Tax laws from 1st June 2016!

  CA Umesh Sharma    03 June 2016 at 10:51

Arjuna (Fictional Character): Krishna, this year, the government has brought various changes in income tax, service tax and other tax laws and also has brought scheme for tax payment. It is said that many of such changes will be effective from 1st Ju



Want to be Successful? Go Travel That Extra Mile!

  Member (Account Deleted)    03 June 2016 at 10:51

Everyone wants to be ‘Successful’ in life. Okay, question here – Is there anyone who doesn’t want to be successful? Answer to the question – Are you crazy to ask this question? Who on earth doesn’t want to be succe



Ind AS 19 on Employee Benefits

  P.R. Sethuraman    03 June 2016 at 10:51

Employee Benefits include and cover all forms of consideration given by an entity in exchange for service rendered by employees. Pictorially, it is mapped out below. Post-Employment Benefits are employee benefits (other than termination benefits



Matters to be undertaken by NCLT

  CS MOHIT SALUJA    03 June 2016 at 10:51

MATTERS TO BE UNDERTAKEN BY NCLT W.E.F. June 01, 2016 Government constituted the Benches of National Company Law Tribunal and hence, the Central Government vide Notification No. S.O. 1934(E) subject to the provisions of Companies Act, 2013, has decla



Setting aside the 'bad insurance policy' is a good investment policy

  Ramalingam K    03 June 2016 at 10:51

1.What is a Bad Insurance Policy? Did your last insurance policy assure you only insecurity after you bought it? Do you feel that the insurance policy which you have just taken does not serve your purpose? Or, is it that the policy does not give all



TCS on cash sale of goods or services

  CA SONIYA AGARWAL    03 June 2016 at 10:51

Finance Act, 2016 imposed TCS on cash sale of goods or services with effect from 1-6-2016. New Sub Section (1D) of Section 206C is as follow: Every person, being a seller, who receives any amount in cash as consideration for sale of bullion or jewell




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