CAclubindia Articles

Place of effective management: Critical analysis

Posted by CA Rohit Gupta 07 March 2015 12888 Views

PLACE Of EFFECTIVE MANAGEMENT : Corporate Tax Residence in India: Analysis and Safeguards The India Budget,2015 has proposed the amendment of Section 6 of the Income Tax Act which alters the conditions under which a company is resident in India by in

Budget Highlights

Posted by CAkanhaiya Jha 07 March 2015 17483 Views

BUDGET HIGHLIGHTS DIRECT TAXES Wealth tax replaced with additional surcharge of 2per cent on super rich with a taxable income of over Rs.1crore annually. No change in rate of personal income tax. Transport allowance increased from 800 to 1600 pm. P

Changes in the registration process of Central Excise & ST

Posted by CA. Dau Daga 05 March 2015 54306 Views

From this Budget there is change in registration process in Central Excise as well as Service Tax also. There are changes in the registration process of Central Excise. These are as under:- 1. Earlier registration process governs from notification no

GST - Grow and share together

Posted by Nimish Goel 05 March 2015 18978 Views

The much awaited Goods and Services Tax (GST) now seems to be a reality as the broad contours are slightly visible. The Finance Minister in his Budget speech made it clear he has all the intentions to implement GST from April 1, 2016.

GST and Petroleum industry

Posted by Karan Teli 05 March 2015 19248 Views

Petroleum Industry has been more into picture for various issues from the day on which GST was launched robustly. Some of the insights on GST in Petroleum Industry are as follows: Petroleum Products to be part of GST regime, as tabled in 122nd Const

Path towards IFRS

Posted by Samyak Sanghvi 05 March 2015 17829 Views

INTRODUCTION Since the advent of internet, the world has shrunk, distances have lost their importance and information has no more remained the differentiating factor in this global arena. Globalization-the BUZZWORD has

Additions in Reverse Charge Mechanism

Posted by Pradeep Jain 05 March 2015 14195 Views

The budget 2015 has also bought some additions to the reverse charge list. Altogether 3 services have been added to this list w.e.f. 01/04/2015 by notification no. 7/2015 dt 01/03/2015. These are: 1. Services provided or agreed to be provided by a mu

Search and seizure under ST law

Posted by sivadas chettoor 05 March 2015 11619 Views

INTRODUCTION:The Central Excise authorities who are entrusted with the task of implementation of the service tax law enjoy wide and sweeping powers in respect of search and se

Secretarial Audit - Companies Act 2013

Posted by KASHIF ALI 05 March 2015 11969 Views

SECRETARIAL AUDIT Secretarial Audit is introduced by recently enacted Companies Act, 2013. It is a process to check compliances made by the Company under Corporate Law & other laws, rules, regulations, procedures etc. It is a mech

VAT/CST provision relevant to proposed GST

Posted by Harsh Gadodia 05 March 2015 15193 Views

GST the biggest tax reform in India in spurring growth in the economy. It is an indirect tax that brings most the taxes which are imposed on the goods and services under single banner. As, GST is highly successful in the European and other countries,