INTRODUCTION:The Central Excise authorities who are entrusted with the task of implementation of the service tax law enjoy wide and sweeping powers in respect of search and se
SECRETARIAL AUDIT Secretarial Audit is introduced by recently enacted Companies Act, 2013. It is a process to check compliances made by the Company under Corporate Law & other laws, rules, regulations, procedures etc. It is a mech
Mahatma Gandhi ji has rightly said- " Earn your crores but understand your wealth is not yours, it belongs to the society".As we all knows company's main objective is it to maximize the shareholder's wealth. This maximization works
GST the biggest tax reform in India in spurring growth in the economy. It is an indirect tax that brings most the taxes which are imposed on the goods and services under single banner. As, GST is highly successful in the European and other countries,
Onset of Mandatory Era Indirect taxes have finally fallen and infact seems to be more obsessed with the word mandatory. In first and interim budget of Modi Government, first bomb of mandatory aspect fall on all who wanted to exhaust the remedy of ap
DIRECT TAXES 1. No Change to be made in Slab Rates of Income tax for Individuals, HUF, AOP, BOI and firms. 2. Corporate tax rate to reduce: Corporate tax rate to be rationalised. Earlier the Tax Rate was 30% of Income offered forTax, the same is to b
The budget for the F. Y. 2015-2016 has been presented by the Hble Finance Minister, Sh. Arun Jaitely Ji on 28th February, 2015 with a focus for smooth transition of all the Indirect Taxes towards the Goods & Services Tax (GST) proposed to
BUDGET V (SNAPSHOT OF CHANGES IN SERVICE TAX FROM 01.04.2015) Exemptions The exemption presently available on specified services of construction, repair, maintenance, renovation or alteration services provided to the government, a local auth
Arun Jaitley presented his first full budget under the most fortuitous of circumstances. The rupee had stabilized, crude oil prices had come hurtling down, the government was in a majority and the party was winning elections left, right and center.
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