Articles by Guest

Women Director-Countdown Begins

Guest 23 March 2015 at 10:38

Companies Act, 2013 along with Companies (Appointment and qualification of Directors) Rules, 2014 had made it mandatory for the following class of companies to have at least one women director in their Board: a) All Listed Companies b) Every Public

Budget Highlights - Central Excise, Customs & Service Tax

Guest 09 March 2015 at 10:33

Budget 2015 Highlights Central Excise, Customs & Service Tax GENERAL 1. FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. 2. States to be equal partners in economic growth; mo

New Income tax slabs for 2015-16

Guest 28 February 2015 at 15:28

DIRECT TAXESA. RATES OF INCOME-TAX I. Rates of income-tax in respect of income liable to tax for the assessment year 2015-2016. In respect of income of all categories of assessees liable to tax for the assessment year 2015-2016, the rates of incometa

Key Features of Budget 2015-16

Guest 28 February 2015 at 14:56

INTRODUCTION Credibility of Indian economy has been re-established in the last nine months. Indian economy about to take-off on a fast growth trajectory. Most growth forecasts have upgraded Indian economic growth while downgrad

Jaitley's Budget tasks

Guest 27 February 2015 at 11:51

For the Modi Government, shell-shocked by the excruciating electoral results in the national capital in the second week of this month still rankling, the need to recapture its larger-than-life-size image is too important to be left to the tame prepar

GST - Uniting India

Guest 06 January 2015 at 10:39

States taken care of, Madam(s) silenced, major parties who matter in the Parliament supporting, the process to introduce the biggest indirect tax reform in India, the GST, has begun. Bill No. 192 of 2014, The Constitution (one hundred and twenty seco

Roadmap to GST

Guest 06 January 2015 at 10:37

Implementation of GST is set to be the biggest tax reform hitherto ushered in the country. GST will be a Destination based Consumption Tax & will cover both intra State and Inter State trade & Commerce. Inter State Sales will be subjected to

Service Tax on Voluntary Organizations (NGO)

Guest 02 January 2015 at 11:26

After introduction of Negative List based taxation under service tax from 1.7.2012, the applicability of service tax to voluntary / non-profit organizations (NGOs) has become a contentious issue. This is because of introduction of all encompassing de

Tax audit puzzles

Guest 02 January 2015 at 11:26

RECENT CAG REPORT The Comptroller and Auditor General Report no.32 of 2014 has taken the list of Chartered Accountants who have signed tax Audit cases under Income tax Act of more than 400during FY 2012-13 and there are 22people in the list. ARBITRAR

Appointment of key Managerial personnel under Section 203 of the Companies Act,2013- Some perspectives

Guest 29 October 2014 at 10:40

Much water has flowed down the bridge since the substantive provisions in the Companies Act, 2013 (herein after referred to as the Act) became operational from April 1,2014.The Act has been a subject of wide spread criticism from the