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RECESSION: AN INTRODUCTION

Posted by vishal 12 November 2008 22794 Views

Slowdown, recession, bailout; nowadays in every newspaper, on every news channel, and every techie speaks about these words. This is a simple and humble attempt to explain what has been done, result of which is going on and where future lies? What i



GST (First white paper )

Posted by CA.Hanumantha Reddy 30 November 2009 22794 Views

Government of India unveiled on 11TH Nov 2009 First Discussion Paper on Goods and Services Tax. Highlights: The Structure-Dual The proposed GST structure in India proposes dual structure. GST shall have two components- Central GST and State GST. Th



Commissioner Appeals and Revisions under Income Tax Act, 1961

Posted by PUSHP KUMAR SAHU 20 July 2019 22781 Views

APPEALS AND REVISIONS UNDER INCOME TAX ACT, 1961The Constitution of India gurantees the citizens of the country certain fundamental rights. Therefore , under a...



Challenges of GST

Posted by Nagesh Bajaj 19 October 2011 22772 Views

The actual challenge before the Finance Minister is not of drafting a model GST but of its proper implementation and smooth transition from the prevailing system. The challenges which the Government has to face in introducing GST are as follows:



All about XBRL

Posted by CS GURVINDER SINGH 19 December 2011 22766 Views

INTRODUCTION XML stands for extensible markup language. Extensible means language that can be extended by anyone who wants to create additional ways to use it. Markup means that XMLs primary task is to give definition to text and symbols. Lan



Decoding Section 115 BAB of Income Tax Act

Posted by Vaibhav Singh 22 May 2022 22762 Views

The government has introduced a favourable tax regime for new manufacturing companies. The Taxation Laws (Amendment) Ordinance, 2019 passed on 20 September 2019 has inserted Section 115BAB offering a low tax rate of 15% (plus surcharge and cess) to new manufacturing companies



Loans from Directors under Companies Act 2013

Posted by Pooja 13 January 2021 22756 Views

Loans from Director may be secured as well as unsecured. Unsecured Loans from directors may have zero rate of interest.



NACAS vis-a-vis NFRA

Posted by CA HEMANT SHARMA 13 November 2014 22753 Views

NACAS OF COMPANIES ACT 1956 Vis--vis NFRA OF COMPANIES ACT 2013(National Advisory Committee on Accounting Standard vis--vis National Financial Reporting Authority) As a corporate professional one should be equipped with the knowledge



Registration of Section 8 company

Posted by Ramesh 18 February 2020 22744 Views

What is section 8 Company :A Section 8 Company is an organization which is registered as a Non-Profit Organization (NPO).



Understanding of various IT Assessments

Posted by CA Chinmay Gangwal 10 September 2015 22735 Views

What is meant by Assessment? Assessment defined as �Assessment Includes Re- Assessment and checking return of income for confirming its correctness�.




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