A STUDY ON INCOME DECLARATION SCHEME 2016The scheme is basically brought as a last opportunity to declare black money and the wealth to see a black money free economy in our country in the coming time. The scheme proposes reasonable taxation of 45 %
The intention of levying Special Additional Duty (�SAD�) of Customs also known as Counter Value Duty (�CVD�) U/s 3(5) of the Custom Tariff Act is to encourage domestic market and counter balance local sales tax/ Value Added Ta
In generally incremental GDP may give a notion that economy is growing healthily. However there is no principle stating to consider as economy is growing healthily. To understand whether GDP increase indicates th
Audit of books of educational institutions i.e. Schools, Colleges, Universities etc is known as audit of educational institutions. This type of audit comes under the category of special audit.Generally, the procedures for auditing is same like other
1. IntroductionOne thing which every shareholder across various Companies would dream for is receipt of Bonus shares. The word �Bonus� has a very positive connotation, implying something extra or some gains at no cost. Issue of bonus sh
The Value Added System of Taxation of Goods was introduced in order to address the issue of multiplicity of taxes and cascading effect of such taxes in the transaction chain. In the erstwhile single point taxation, goods which underwent any manufact
The concept of Deferred Tax is not a simple to understand and many get confused while applying it in the books. So, we shall try to go through simple and lucid manner to understand the whole concept and its application in the books through e
The Union Budget, 2016, proposing flurry of changes in Indirect Taxes, has been a talk of the town since the day of its presentation. On May 5, 2016, the Lok Sabha passed the Finance Bill, 2016 and later on May 11, 2016, the Finance Bill, 2016 was pa
How do you determine that your financial expert is actually providing you with genuine or fake advice?Can you easily trust any financial advice that you get?Are you sure,whether the financial advice you have received,will fill your pockets or your ad
The Hon�ble Finance Minister Shri. Arun Jaitley presented the Union Budget for 2016-17 on February 29, 2016 in the Lok Sabha.
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