CAclubindia Articles

Sec 80EE - Should you rush to buy a house?

CA Suraj Lakhotia 02 March 2013 at 11:07

Increasing savings and their optimal allocation for productive uses lead to higher economic growth. The household sector must be incentivised to save in financial instruments rather than buy gold. Excerpt from Budget Speech

Service Tax Amnesty Scheme?

Madhukar N Hiregange 01 March 2013 at 19:45

VOLUNTARY COMPLIANCE ENCOURAGEMENT SCHEME, 2013 (VCES) Background of the Scheme Service tax is a new emerging law and there has been lack of clarity on the applicability o

Budget 2013- Garment Industry

Madhukar N Hiregange 01 March 2013 at 19:45

Budget 2013 Impact on Garments Industry The Garment industry has suffered a lot in the in the last one year due various factors, such as increase in the cost of power, labor, transpor

Income Tax Amendment Highlights: Major Amendments

JITENDRA 01 March 2013 at 19:45

Taxability of immovable property received for inadequate consideration: It is proposed to amend the provisions of clause (vii) of sub-section (2) of section 56 so as to provide that where any immovable property is received for a considerati

Snapshots - Budget 2013

CA. Bikash Bogi 01 March 2013 at 19:45

HIGHLIGHTS OF BUDGET 2013 This Snapshot is prepared solely on the basis of Budget Speech of Honble Finance Minister. A. DIRECT TAXES INDIVIDUAL / FIRMS a. No change in income tax slabs. b. Tax credit of Rs. 2,000/- for income upt

Budget 2013 - Tasteless for the Bonds Market

Nidhi Ladha 01 March 2013 at 19:34

Bonds Market in India A reasonably well-developed corporate bond market is very much required in any economy to supplement banking credit and the equity market and to facilitate the long-term funding requirement of corporate sector as well as inf

Standards on Internal Audit: Codifying the Best Practices

PRATEEK LOONKAR 01 March 2013 at 15:35

What is Internal Audit? Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organizations operations. It helps an organization to accomplish its objectives by bringing a sy

Some Hidden Proposal in Budget 2013

CA Ayush Agarwal 01 March 2013 at 15:35

Dear All, I Was Reading Budget Synopsis, Budget Summary, Budget Views. But Didnt Found Some Proposal (We Can Say Them Hidden), That Were No Where Discussed. Just Want to Highlights Points Which are really Hideen. Hidden proposal I --in Income Tax

Union Budget 2013-2014 - Glance

CS DHANAPAL 01 March 2013 at 15:35

Introduction:- The Honble Finance Minister P Chidambaram presented the Union Budget for the financial year 2013 2014 in the Assembly of Parliament on 28th February 2013. The main highlights of the Union Budget 2013 are presented h

Service Tax Voluntary Compliance Encouragement Scheme (ST-VCES): An Opportunity Not to Miss!

Rabish Chandra 01 March 2013 at 11:16

*Views are personal.The information is for general awareness and may not be relied upon for any legal pu