CAclubindia Articles
Budget Highlights - Central Excise, Customs & Service Tax
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
Summary of important changes in service tax proposed by budget 2015-16
SUMMARY OF IMPORTANT CHANGES IN SERVICE TAX MADE/PROPOSED BY BUDGET 2015-16 I. Changes in Finance Act, 1994 To be effective from a date to be notified by the Central Government after the enactment of the Finance Bill, 2015:- 1. Service Tax Rate a. Th
How the Union Budget impacts you?
Union Budget 2015-16We view this as one of the most progressive budgets w.r.t. Make in India & Skill Building Macro-Economic headwindsMacro-vulnerability index (MVI) thatcombines a countrys fiscal deficit, current account deficit, a
Change in MRP based valuation in Central Excise
Amendments in Third Schedule to the Central Excise Act, 1944 In budget, 2015 there is some change in notification no 49/2008-C.E. (N.T.), dated 24-12-2008 vide notification no 3/2015-C.E. (N.T.) clause 103 of the finance Bill, 2015:- By virtue of dec
Refund for deemed exports
Old practice of Government-High Court Decision undone!! Introduction:- It is a very old tactic followed by the government that when the interpretation taken by High Court or Supreme Court on an issue is consistently held against the revenue, the best
Gratuity
What is Gratuity? Gratuity is a kind of retirement benefit. It is earned by an employee as a reward for long and meritorious service It is payable on termination of employment after the employee has rendered continuous service for not less than 5 yea
Place of effective management: Critical analysis
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
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
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
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.
Popular Articles
- Post Office Interest Rates From October 2026: Check the Latest Rates of All Schemes
- Post Office Fixed Deposit Interest Rates: Latest Update for October 2026
- Minimum Balance in SBI Savings Account Rules 2026: How Much Balance Do You Need?
- New UPI Rules Starting From 15th October 2026: Complete Fee Structure for Transactions
- ITR Refund Time for AY 2026-27
- Tax Audit Deadline AY 2026-27: Penalty for Missing 30 September and Why an Extension Request Isn't an Extension
- TDS on Purchase of Property: New Reporting Rules From 1st October 2026
- TDS on Contractor for FY 2026-27: Rates, Limits, New Rules, Examples & Compliance Guide
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
