CAclubindia Articles

Changes proposed for introducing Goods and Service Tax (GST)

Pradeep Jain 01 March 2011 at 22:50

Changes proposed for introducing Goods and Service Tax (GST) Prepared By: CA Pradeep Jain And Sukhvinder Kaur, LLB[FYIC] The introduction of Goods and Service Tax (GST) at both Central as well as State level is the dream of the Government de

Central Excise Duty Assessment on Ready Made Garments

Rajesh Kumar 01 March 2011 at 22:50

Excise duty at the rate of 10% shall now apply to ready-made garments and made-up articles of textiles falling under Chapters 61, 62 and 63 (heading nos.63.01 to 63.08) of the Central Excise Tariff except those falling under heading nos.63.09 and

CLB: Procedure before CLB under section 397/398?

Durga Rao 01 March 2011 at 22:49

There was a specific objective behind section 397/398 of the Companies Act, 1956 and a great responsibility is cast upon the Company Law Board to protect the interests of the minority shareholders, to put an end to the matters complained of and to

Impact of Introduction of IFRS on Indian Businesses.

anurag 01 March 2011 at 22:48

India has committed itself at the G-20 to make its companies, IFRS compliant from April 1st, 2011. Though India has not adopted the IFRS in full but it converged its Accounting Standards (AS) to get those in line with the international reporting s

Cental Government grants general exemption u/s 212 & 211

Aditi Jhunjhunwala 01 March 2011 at 22:47

Notification no. 2/2011 dated 8th February, 2011 issued by the Ministry of Corporate Affairs has granted general exemption to companies from sec 212 and sec 211 The general exemption comes at quite a handy time as the financial year is coming to a

Two Exemption Notifications: litigation inbuilt

Pradeep Jain 01 March 2011 at 22:46

Two exemption Notifications: litigation inbuilt Prepared By: - CA. Pradeep Jain CA. Preeti Parihar Introduction: - The honble Finance Minister of India has introduced the Finance Bill, 2011 on 25.2.2011. This bill has withdrawn a no. of exe

Direct Tax Impact on Budget 2011

Manish Kumar Agarwal 01 March 2011 at 22:45

MAJOR HIGHLIGHTS OF UNION BUDGET: 2011-12The following are the major Highlights of the Union Budget 2011-12 presented by the Honble Finance Minister Mr. Pranab Mukherjee in the Parliament on Monday (i.e. Feb. 28th 2011)DIRECT TAXES The proposa

Union Budget Highlights

CA Sudhir Halakhandi 01 March 2011 at 12:39

BUDGET-2011 BUDGET HIGHLIGHTSCA SUDHIR HALAKHANDI DIRECT TAXES CODE WILL BE EFFECTIVE FROM 01-04-2012 STATES WILL BE ENCOURAGED TO AGREE ON GST INDIVID

Some Important changes in Income Tax after Budget 2010-11

Amit Bajaj 01 March 2011 at 09:57

Rates of Income Tax : in the case of every individual or Hindu undivided family or every association of persons or body of individuals, whether incorporated or not, or every artificial juridical person referred to in sub-clause (vii) of clause (31

Kings Speech - Union Budget- My Analysis

CS LLB Pulkit Gupta 01 March 2011 at 09:57

KINGS SPEECH UNION BUDGET- MY ANALYSIS Well its a mere coincidence that Union Budget and Academy Awards (Oscars) were announced on the same day. Kings speech swapped the show by claiming all the major awards like &n