CAclubindia Articles

The master stroke of Jaitley in the budget

CA SURENDRA KUMAR RAKHECHA 02 March 2015 at 10:49

A good number of FARMERS (or DEEMED FARMERS) areSUPER RICH but due to restrictions imposedin the Constitution of India, Income-tax can't be levied on them..Only 10% of Indian population file its return

Service providers be ready to fulfill the dream of Modi's 'Swachh Bharat'

Pradeep Jain 02 March 2015 at 10:47

It is a regular practice of the government to follow tactics that are illusive and misleading. One of the tricks adopted by the government while increasing the rate of service tax is that during the Budget Speech, the Honble Finance Minister a

Clause by Clause Analysis of Service tax in Budget 2015

Swapnil Munot 02 March 2015 at 10:40

Changes in • Finance Act 1994 • Service Tax Rules 1994 • Exemption Notification • Reverse Charge Mechanism • Abatement Provisions • Miscellaneous Provisions To read the full article: Click Here

Taxation amendments with analysis - Budget decoded 2015

CA Animesh Singi 01 March 2015 at 18:03

Hi friends, so the 2nd budget of Modis government is finally out of old box. Intention of poor budget is already predictable from the past steps that government took regarding increase in duties on petrol & diesels, followed by hike in fre

Budget 2015 - Reform Agenda Missed: Indirect Taxes?

Madhukar N Hiregange 01 March 2015 at 18:02

The indirect tax proposals as per the BJP manifesto in 2014 promised the world to the voters with regard to corruption and administrative reforms. The fall in the oil

Budget 2015-16- All about service tax proposals

CA Nikhil Jhanwar 01 March 2015 at 18:01

Ist Full Year Budget of New Government has been introduced in Parliament on 28th February, 2015. This Article intends to outline key amendments made in Service Tax. A. Changes effective from enactment

Highlights of Union Budget 2015- Direct Tax Perspective

Pavan Jain S 01 March 2015 at 18:00

Section /Schedule Head Amendment/New Provision Effective date Part III to Schedule I Advance taxes & TDS u/s 192 Advance t

ST insights in Union Budget 2015-2016

Deepak Bansal 01 March 2015 at 17:59

1.0 Rate of Service Tax[Effective from a date to be notified by Central Government after enactment of Finance Bill] For alignment of Service Tax Rate with GST Rate, it has been proposed to increase the rate of Service Tax from 12% plus Education Cess

International Tax Update: Budget 2015

CA Rohit Gupta 01 March 2015 at 17:58

Budget 2015 introduced in India on 28.02.2015 has made significant changes as far as international taxation are concerned. Major ones include:- Reduction in rate of tax on non-residents for royalties/fees for tec

Union Budget 2015-16 - Explanation,Analysis and Deficiencies

CA Chiranjiv Kumar 28 February 2015 at 23:49

BUDGET 2015-16 AND ITS ANALYSIS CPI Inflation 11.2% in Nov. 2012 5.1% Currently Current Account Deficit (CAD) 4.6% GDP (1st quarter of 2013-14) 1.3% of GDP expected Fiscal Deficit 4.5% of GDP in 2013-14 4.1% of GDP expect