CAclubindia Articles

Railway Budget 2009-10: No major surprises

Equitymaster 04 July 2009 at 17:13

The Railway Minister Ms. Mamta Banerjee presented the railway budget today. The budget has left passenger fare and freight rates unchanged. It talks about world class facilities and modernization of few of the railway stations besides safety and sec

Irritants in Taxation

Vijay Kalia 04 July 2009 at 16:48

Irritants in Taxation: ---------------------------There are many inputs being given by trade and industry as well as by the experts on income tax for consideration of the finance minister. The major consultancy firms have recently published their c

Due Diligence Check List

Manish Maheshwari 03 July 2009 at 13:10

TOOLS: GENERAL DUE DILIGENCE LISTBy Manish Kumar MaheshwariInvestment Bankers / Management Consultants are often asked for the basic framework of what makes up a reasonable Due Diligence information pack. Provided below is a very basic high level out

The Changing Role of Equity Research

Manish Maheshwari 03 July 2009 at 13:10

The Changing Role of Equity Research By Manish Kumar Maheshwari In this interactive discussion of equity research, I will review the role of this research and how it is impacted by Bull and Bear markets. I will also discuss fee-based research

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