CAclubindia Articles

Taxability of newly taxable services from June 1, 2015

Posted by Bimal Jain 22 May 2015 24641 Views

Dear Professional Colleague,Taxability of newly taxable services from June 1, 2015The Ministry of Finance, Department of Revenue vide Notification No. 14/2015-ST dated May 19, 2015 has notified that the following changes in relation to the Negative L

Analysis of Service tax rate increase from 12.36% to 14%

Posted by CA Chitresh Gupta 21 May 2015 33577 Views

ANALYSIS OF SERVICE TAX RATE INCREASE FROM 12.36% TO 14% (SUBSUMING EC ANDSHEC) EFFECTIVE FROM 01.06.2015By CA. Chitresh Gupta, B.Com(H), FCA, IFRS (Certified), IDT (Certified)Author of Book �An Insight Into Goods & Service Tax�Managi

Opening an account under Capital Gain Scheme 1988

Posted by Sahil Jolly 21 May 2015 8317 Views

Opening an account under Capital Gain Scheme 1988 You�ve had a Long Term Capital Gain under the respective Section(s) of the Income Tax Act. Now, you must be wondering as to how you will save yourself from the Tax liability arising as a result

SEIS Service Export Scheme from India

Posted by Aditya Rana 21 May 2015 7521 Views

Service Exports from India Scheme (SEIS)In the Foreign trade Policy 2015-2020, there are two scheme introduced for exports of Merchandise and Services respectively: Merchandise Exports from India Scheme (MEIS) Service Exports from India Scheme (SEIS

Changes by way of notifications issued on 19th May'2015

Posted by Shivani 21 May 2015 5323 Views

Changes by way of notifications issued on 19th May�2015 to beeffective from 1st June�2015 13/2015 Omits the definition of 'chit' from the abatement notification 26/2012.�chit� means a transaction whether called chit,

Minutes of Board Meeting (SS-1)

Posted by CS Divesh Goyal 21 May 2015 13927 Views

BACKGROUNGD: The drafting and maintenance of minutes of meetings has traditionally and for long been a core function of the Company Secretary.Justifiably so, for, the Company Secretary doesn�t merely writes minutes, he writes history- the histo

Abolition of levy of wealth-tax under Wealth-tax Act, 1957

Posted by Sensys Technologies 21 May 2015 8155 Views

History of Wealth Tax ActWealth-tax Act was introduced w.e.f. 01.04.1957 on the recommendation of Prof. Nicholas Kaldor forachieving twin major objectives of reducing inequalities and helping the enforcement of Income-tax Act through cross checks.Acc

Service Tax Rate 14% with Point Of Taxation Rules,2011

Posted by Gaurav Arya 21 May 2015 23364 Views

Dear All Central Government has enhanced the rate of Service Tax Rate from 12.36% to 14% vide Notification 14/2015-ST dated 19th May, 2015. New rate of 14% is effective from 01st June,2015. Pursuant to the above stated increase, the rate of tax that

Circular Resolution under Companies Act, 2013

Posted by Chandrika. S 21 May 2015 182009 Views

Section 289 of the Companies Act, 1956 relating Section 175 of the Companies Act, 2013 states about the passing of resolution by circulation. The relating provisions are as below:(1) No resolution shall be deemed to have been duly passed by the Board

New Service tax rate of 14%(Subsuming EC and SHEC) to come into effect from 1st June and other changes

Posted by Bimal Jain 20 May 2015 22628 Views

Service tax rate increased from 12.36% 14% (Subsuming EC and SHEC) effective from June 1, 2015 and Other changesAfter the Hon�ble President has given assent to the Finance Bill, 2015 on Thursday, May 14, 2015, the Ministry of Finance, Departmen