Articles by CA Praveen Chopra

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Highlight of 6th Pay Commission

  CA Praveen Chopra    27 March 2008 at 20:45

Highlights: 6th Pay Commission[Submitted by CA. Praveen Chopra,Gandhidham] High performers to get 3.5% increment against normal 2.5% Enhanced pay scales for nurses, teachers and constabulary Existing rates of most of the allowances to be doubled



sub prime crises

  CA Praveen Chopra    27 March 2008 at 20:45

Lessons from the Sub-prime Crisis[Submitted by CA Praveen ChopraGandhidham] March 25, 2008Sub prime crisis is seen as an ugly incident that has dealt a heavy blow to the investors’ confidence, spelling doom on the securitisation markets across



Rights in Raid

  CA Praveen Chopra    26 March 2008 at 23:56

DREADING A SEARCH: KNOW YOUR RIGHTSFor the revenue intelligence agencies, search is a powerful instrument to gather evidence against tax evaders. In fact, given the magnitude of tax evasion in the country, searches are conducted almost everyday by on



Analysis of Retirement Benefit ( Gratuity)

  CA Praveen Chopra    26 March 2008 at 23:56

Analysis of Retirement benefit (Gratuity)[Submitted by CA. Praveen Chopra,Gandhidham]March 26, 2008Meaning :-Gratuity is a statutory benefit paid to the employees under the Payment of Gratuity Act, 1972 who have rendered continuous service for at le



Cenvat credit on mobile phones

  CA Praveen Chopra    26 March 2008 at 23:56

CENVAT Credit on Mobile Phones[Submitted by CA Praveen Chopra,Gandhidham,Gujarat]March 25, 2008Cenvat Credit is allowed to output service provider in respect of service tax paid on input services, which are consumed in providing output service.It is



FAQ ON CENVAT

  CA Praveen Chopra    26 March 2008 at 16:01

CENVAT FAQWhat is CENVAT Credit?Cenvat Credit is a scheme where the manufacturers or the output service providers are allowed a set off of the taxes paid on the inputs or the input services that are used while manufacturing the final products or prov



Deferred Tax

  CA Praveen Chopra    25 March 2008 at 19:54

Budget 2008 : Proposal to add back deferred tax for book profits not in harmony with MAT objectives MARCH 24, 2008By Praveen ChopraTHE purpose behind introduction of MAT was to tax Corporates which distributed substantial dividends without paying any



Application U/S 295 & 372A

  CA Praveen Chopra    17 March 2008 at 17:05

Check List for submitting the application u/s 295 & 372A of The Companies Act, 1956 PLEASE ENSURE WHILE SUBMITTING THE APPLICATION IN RESPECT OF LOANS/CORPORATE GUARANTEE OR FURNISHING SECURITY UNDER SECTION 295 & 372 A OF THE COMPANIES ACT, 1956 THA



How to claim HRA & house loan benefits

  CA Praveen Chopra    17 March 2008 at 14:36

How to claim HRA and home loan benefits[Submitted by CA. Praveen ChopraB.Com, ACAGandhidham , Gujarat]March 17,2008The documents required to claim deduction and implications of joint ownership of property. Documents required for claiming deduction I



Understanding about Letters of Credit

  CA Praveen Chopra    17 March 2008 at 10:49

Understanding about Letters of Credit[Submitted by CA. Praveen Chopra,B.Com., ACAGandhidham, Gujarat]March 16,2008PurposeThe purpose of this document is to provide a general understanding of letters of credit, their use and application. The topics co