CAclubindia Articles

Economic Survey: Walking the tightrope

Equitymaster 03 July 2009 at 13:08

The Economic survey, highlighting the progress made by the domestic economy in FY09 and some of the challenges facing it, was tabled in the parliament today by India’s Finance Minister. Let us have a look at the key takeaways from the same.GDP

Easy Steps to File Tax

udit agrawal 01 July 2009 at 21:46

Following are the 10 easy steps for Tax filing. Step 1:Identify your sources of income under some income heads.Step 2: Keep documents readyStep 3: Compute the Gross Total Income (GTI)Step 4:Calculate deductionsStep 5:GTI minus deductions.Step 6: Cal

Immovable Property

Chirayu Kothi 01 July 2009 at 21:43

Discussion on IMMOVABLE PROPERTY NOT LIABLE TO SERVICE TAX Renting of immovable property not liable to Service Tax but service Tax relation to Renting of Immovable property is taxable service under 65 (105) (zzzz). The recent decision of

What is Excise Duty?

BALASUBRAMANYA B N 30 June 2009 at 14:42

Q.1What is Excise Duty? Is it collected by the State Government or the Central Government? How is it different from Sales Tax?A.1Excise duty is a tax on manufacture or production of goods. Excise duty on alcohol, alcoholic preparations, and narcoti

Coaching Classes--To go or not to go is the question!

Vidhyashankar 29 June 2009 at 23:41

Dear Students,Hiyaaa all from Vidhyashankar!Had some time today to scribe a few lines for you all.A CA coaching class in Kochi,Kerala Many students these days think that one should take

A salary structure that can save you taxes

Binod Kumar Sinha 29 June 2009 at 23:38

A salary structure that can save you taxesAs must be clear by now, drawing a straightforward salary will result in the maximum tax liability for an individual. To save taxes, it is important to factor in other components of compensation which might

EARNING PER SHARE as per AS 20

CA Lalit Mohan Agarwal 29 June 2009 at 23:37

st1\:*{behavior:url(#ieooui) }/* Style Definitions */table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in 5.4pt 0in 5.4pt;mso-para-margin:0

How Markets really work

CA Lalit Mohan Agarwal 28 June 2009 at 14:34

2.1 STOCK MARKETS Explore a framework for how markets really work The prevailing paradigm for financial markets that markets tend towards equilibrium and deviations from it are random i

Limited Liability Partnership-Benefits

zankhana Trivedi 28 June 2009 at 13:53

Ø Comparison of LLP with Partnership and Company Though LLP is a combination of both Partnership and Company, it differs from them in certain aspects as discussed below: Sr. No Conditions

SERVICE TAX ON BUILDERS

Apoorva Mehta 28 June 2009 at 12:38

SERVICE TAX ON BUILDERS Construction of residential complex was brought under service tax net w.e.f. 01.06.2005. Definition / Scope: Any service provided or to be provided to any person, by any other person, in relation to construction of complex