Today I thought of writing about the global economic crisis of 2008.As a student of finance, we must know how it all started, what went wrong and where are we now. I have tried to explain the crisis in a very simple yet informative manner. So to
REVERSE CHARGE MECHANISM OF SERVICE TAX (RCM) With effect from 1-7-2012 , the central government has notified the new partial reverse charge mechanism for the payment of service tax in respect of certain taxable services.
Understanding the Educational Guide-2012 Part -II Service We examine in this article, the guide in detail and have provided our comments in italics. At this stage they represent only thoughts or questions which r
We are sharing with you FAQ on Works Contract Composition scheme w.e.f 1st July, 2012 and analysis of an important recent judgment of the Honble Supreme Court in
Introduction: Hardly a week ahead to CMA December 2012 exams, students are very busy with their revision schedule and final preparation to face the exams. Before facing the exams, I would like to suggest some tips to follow this days and exams days
In the growing era of Globalisation and the political situation where the government has opened up the gates for the Foreign Players to I
Gupta and team (argtaxconsultants@gmail.com) Facts: M/s. XYZ India Pvt. Ltd (100% subsidiary of a MNC) receives commission Income from the MNC(Parent Company) on account of booking orders
Service Tax on Real Estate A Practical Perspective (Part A & Part B) This article aims to discuss few essential issues that require to be addressed in light to the changes brought by negative list provisions, the jeopardy created b
What is Reverse mortgage and how does it operate ? It is a type of mortgage in which an owner of a residential property in Indian can borrow money against the value of his or her home. A reverse mortgage provides stream of income flows which normall
Prior to 01.07.2012 Prior to Negative List concept, Renting of immovable property excluded land used for parking purpose. The