List of the eight new Services proposed Promoting, marketing or organizing of games of chance, including lottery [Section 65 (105) (zzzzn)] Health services, include following:- [Section 65 (105) (zzzzo)] 1. Health check up undertaken by ho
1. The following changes are made in the duty structure applicable to crude petroleum and refined petroleum products:(i) basic customs duty on crude petroleum increased from Nil to 5%. (ii) basic customs duty on Motor Spirit (petrol) and HSD
Budget Highlights – Service Tax Rate of tax on services retained at 10 per cent to pave the way forward for GST. Proposals relating to Service Tax are estimated to result in a net revenue gain of Rs 3,000 crore for the year. Proce
1. The excise duty of all goods which attracted 8% Central Excise duty previously will now be taxed at 10%. 2. The rates of duty on cement manufactured by units other than Mini Cement Plant in packaged form and bulk form have also been revised upwa
Budget and Income Tax The Union Budget 2010 is definitely inflationary for Aam aadmi. Middle class shall become poor class! There is no respite from continuing inflation and the budget provisions are adding fuel to the fire of inflation. India too sh
PETROL: Walk Out Yesterday the Parliament of India have created a history by making a walkout even before the budget was yet to be finished. The opposition parties made the walkout once it was declared in the budget that petrol prices
PORT/AIRPORT SERVICES: AT GREAT EXPANSION Prepared By: CA Pradeep Jain, Monu Toshniwal The introduction of Budget 2010 has brought a drastic change in the definition of the Port/Airport services which will definitely expand t
Amendment in CST Act by finance Bill 2010: Section 6A: Amendment in Sub- section (2 ) of 6A : i) Provide that for making an order under that sub section the assessing officer shall, in addition to satisfying himself about the
Month of February is the shortest month of the year and this shortest month gets the highest importance other than any month of the year. For Indian economy it is the month where all expectation and desires followed with wishes and prayers are ex
Key Highlights of Union Budget 2010-11 Economy Business sentiment weak at the time of last Budget Averted crisis, Indian economy far better situation Short-term global outlook bleak during FY10 Budget Need to make recovery broad base
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English