CAclubindia Articles

Union Budget 2015 - Clarifications regarding increase in ST rate

Manoj Agarwal 04 March 2015 at 10:26

Amid huge expectations and challenges facing the economy, the Honble Finance Minister Shri Arun Jaitley has presented his 1st Full-year Union Budget for the year 2015-16 on 28th February, 2015. In his Budget Speech, he has proposed to increase

Exemption to E Cess & SHE Cess- Really lucrative?

Pradeep Jain 03 March 2015 at 11:45

Right from the common man to the corporates and foreign investors, where everyone was expecting the government to deliver a reform-oriented Budget, but the changes proposed in the Budget announced by the Hon’ble Finance Minister took all the ho

In place of arriving 'ache din' assessee misses 'good old days'

Pradeep Jain 03 March 2015 at 10:58

The 2015-2016 Finance Budget is was presented by Honble Finance Minister, Arun Jaitley on 28th February 2015. This budget was show time for the NDA Government that whether the lucrative promises made by the Prime Minister in his election campa

Budget new registration processes

AKASH PHOPHALIA 03 March 2015 at 10:45

BUDGET III (New registration process) With effect from 01.03.2015 the new registration process shall come into force. The same has been ordered as:- Fill online form ST-1. PAN number is mandatory except for Government departments. E-mail an

Budget proposed dates for applicability of amendments

AKASH PHOPHALIA 03 March 2015 at 10:45

BUDGET I (Service Tax Proposed dates) The budget has introduced several changes in Service Tax laws. These changes aimed at widening the tax base and to pave the path for smooth implementation of GST. The amendments are categorized a

Budget 2015- Queries & Answers- Part I

Anandaday Misshra, Advocate 03 March 2015 at 10:45

Unutilised Credit of CESS Q 1. What will be the fate of credit of Education Cess and Secondary and Higher Education Cess lying unutilized after it being subsumed in basic excise duty ? Answer: Firstly , it will not lapse since no lapsing provision i

Cenvat Credit Changes - Budget 2015

Mahadev 03 March 2015 at 10:44

Lot of practical issues have been addressed in this years budget by the Central Government. One of the good news for the tax payer is extension of time limit for availing the Cenvat credit to 1 year fro

Budget Analysis 2015-16 - Central Excise

Swapnil Munot 03 March 2015 at 10:30

Changes in: - Central Excise Act 1994 - Central Excise Rule 2002 - Cenvat Credit Rules 2004 - Excise & Service Tax Regitration - Other miscellaneous changes in Act, Rules & Tariff

Holi of Budget or Budget of Holi. Enjoy it.

CA Umesh Sharma 02 March 2015 at 15:58

Karneet Part 78Holi of Budget or Budget of Holi. Enjoy it.Arjuna (Fictional Character): Krishna, Honorable Finance Minister Mr. Arun Jetley has declared the Budget before Holi on 28th February. Everyones favorite festival Holi is approaching.

Union Budget 2015: Key Changes in Indirect Taxes - Service Tax, Excise and Customs

Bimal Jain 02 March 2015 at 12:15

Amidst huge expectations, the Honble Finance Minister Shri. Arun Jaitley presented the first full-year Budget of the Honble Prime Minister Shri. Narendra Modi's Government on February 28, 2015, Saturday in the backdrop of easing inf