CAclubindia Articles

Impact of imposition of Swachh Bharat Cess - Few issues

Madhukar N Hiregange 17 November 2015 at 11:56

This festive season, service sector has witnessed imposition of Swachh Bharat Cess (SBC) in very hasty move by government. It was promised at the time of the budget that it would only be imposed on some services. Govt has gone back on its word. Furth

If you don't plan for yourself, you will fall in someone else's plan

Nimish Goel 17 November 2015 at 11:55

It is 6.30AM on 12th November 2015 as I write this article. Yesterday was Diwali and as expected, it was fun and frolic for the last two days. The next 2 days are also going to be exciting because offices are closed, weekend is approaching and fes

Applicability of Swachh Bharat cess

Gaurav Arya 17 November 2015 at 11:55

Effective rate of Service tax from 15th November, 2015 is 14.50%. Central Government has imposed a new levy in the name of Swachh Bharat Cess (SBC). (Notification No. 21/2015 � Service Tax dated 06th November,2015). Rate of SBC is 0.50% and it

Online service providers like flipkart are not liable to VAT

Bimal Jain 17 November 2015 at 11:55

Online service providers like 'Flipkart' facilitating sale and purchase of goods through online portals cannot be considered as dealer of goods - Not liable for VATFlipkart Internet (P.) Ltd. Vs. State of Kerala [(2015) 62 taxmann.com 387 (Ke

10 Principles to an Intelligent Investment Strategy

Ramalingam K 17 November 2015 at 11:55

Making a smart investment is not a rocket science. It requires you to learn and follow the appropriate principles, with discipline. An unfortunate thing about investment strategy is that most of what is taught is hazardous, as being only a half-truth

Live life full of happiness

CA Purvi Rathod 17 November 2015 at 11:54

Can you name one ultimate thing which everyone in the whole world wants to have? Yes, it is Happiness�!!! Will you please introspect for the minute and ask yourself the reason why we are working for day and night? To

Analysis on Capital Budgeting Techniques (Part III)

CA N RAJA 17 November 2015 at 11:54

This part covers Net Present Value Technique (NPV))Note: This is a third part of earlier articles �Analysis on Capital Budgeting Techniques�. Start reading this Part III article only after reading the Part I&II article available in th

FAQs on Swachh Bharat Cess (SBC)

GIRIDHAR DANDE 17 November 2015 at 11:54

Background: Chapter VI (Section 119) of the Finance Act 2015 contains provisions for levy and collection of Swachh Bharat Cess (SBC). Now the Government has announced 15th November, 2015 as the date from which the provisions of Section 119 would come

Gold Monetisation - all you need to know about

MANOJ 16 November 2015 at 12:23

Worrying on gold lying idle at home? Welcome the Gold Monetization scheme!!Troubled by the burgeoning gold import bill, the Finance Minister has announced the scheme in his Union Budget with an objective to mobilize gold held by households and use it

Everything You Should Know About E-Wallets

CS Rahul Harsh 16 November 2015 at 12:23

As we all know E-COMMERCE Is the Latest Trend and without E-wallet services , ECommerce is Incomplete. In this article we will discuss EVERYTHING YOU SHLOULD KNOW ABOUT E-WALLETS.As per Reserve Bank of India (RBI)'s directive these digital wallet