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CREDIT OF RESIDENCE LANDLINE, MOBILE ALLOWED

Posted by MONISH BHALLA 20 September 2008 12957 Views

Change is inevitable and so are the clarifications and statements issued by the Ministry of Finance, which at times change more colours than a chameleon. In 2003, the Central Board of Excise and Customs, vide its Circular No. 59/8/2003-S.T., dated 2



SEZ OVERRIDES SERVICE TAX

Posted by MONISH BHALLA 20 September 2008 6213 Views

The Central Government has been always known for the internal inconsistency between the Commerce and Finance Ministry. Both the Ministries have their own agendas and conflict of interest which is the root cause for all such Ambiguities. The Ministry



CURRENCY FUTURE: A Step into Future

Posted by PRADEEP MODI 16 September 2008 17188 Views

CURRENCY FUTURE: A Step into FutureBy Preeti Modi, B.Com. ICWA, ACA.E-mail : preetimodi_ca@yahoo.co.inIt was very proud day on 29th August, 2008 for NSE (National Stock Exchange) when Finance Minister inauguratesa new financial services product - Cu



Tax on SIxth Pay Commission Arrears in FY 2008-09

Posted by RAJAN GUPTA 15 September 2008 26743 Views

Dear Friends , In this post we discuss various aspects of the tax due of arrears received /allowed to the Govt employees in light of Income tax rulesArrears to be given on the basis of sixth pay commission Report As per sixth pay commission the rep



Dos and Donts at interviews

Posted by sudha 15 September 2008 13639 Views

Dos and Donts interviewsA proper interview can get us the job. There are a number of things we need to be prepared with before facing the interview. The following are a few dos and donts .1. Do check the advertisement.2. Ensure you meet



Return of Income & Procedure of Assessment

Posted by Ashka 15 September 2008 14912 Views

Sec 139(1): submission of return of income* Being a co. or a firm(even those co’s whose entire income is exempt u/s 10, etc)* Being a person other than co, firm 1) if his total income or 2) total income of any other person in



TAX DEDUCTED ON SOURCE ON TRAVEL AGENT

Posted by RAJAN GUPTA 13 September 2008 26188 Views

query before us is"whether tds should be deducted u/s 194C for payment made to travel agent for booking of airline tickets by a company for its employee(s)"?The following general conditions should be satisfied for a payment to qualify for



6 Basics of the Investment Plan.

Posted by Member (Account Deleted) 13 September 2008 6148 Views

One of the parts of developing a comprehensive financial plan is the development of an investment plan. There are six steps that you should follow when you are developing your investment plan. 1 - The Means to Invest.In order to even begin this porti



Enjoyment and Exemptions To Private Limiteds in INDIA

Posted by CA. Dashrath Maheshwari 13 September 2008 9759 Views

Exemptions To Private Limited Companies 1) Financial assistance can be given for the purchase of or subscribing for its own shares or shares in its holding company - Sec. 77 (2). 2) Further shares can be issued without passing a special resoluti



Factors which move forex rates

Posted by bheemashankar 13 September 2008 10917 Views

Factors which move forex rates Foreign exchange rates are extremely volatile and it is incumbent on those involved with foreign exchange - either as a purchaser, seller, speculator or institution - to know what causes rates to move. Actually, there




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