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Budget Changes in CENVAT Credit Rules

  CA.Manindar Kakarla    30 March 2012 at 12:25

Changes in CENVAT Credit Rules in Union Budget 2012-2013 Amendments in the Definition of Capital Goods: v The facility of taking CENVAT Credit on motor vehicles other than those falling under tariff headings 8702, 8703, 8704,8711 and their



Core Investment Company - An Insight

  CA Kishore Tallam    30 March 2012 at 12:24

Core Investment Company (CIC): On August 12, 2010, the Reserve Bank of India (RBI) issued a notification DNBS (PD) CC.No.197/03.10.001/2010-11 prescribing the regulatory framework of a Core Investment Company. On January 05, 2011, the RBI issued



Burning issues in Direct taxes Budget- 2012

  CA Nikhil Jhanwar    30 March 2012 at 12:24

BURNING ISSUES IN DIRECT TAXES The present Budget has made various amendments and changes in respect of income taxpayers. Here is the critical analysis and impact of the major changes in Budget 2012 in respect of personal Income Tax: E



To all CPT Cleared Students Going for IPCC

  Aravindh K    30 March 2012 at 12:24

Some Thing to know before u guys dive into the toughest phase of Chartered Accountancy! (This text might seem boring and odd-sized but as a student of CA, I'm sure you can take it![;)] ) Well.What is tough in this phase



Don't Retire Hurt!

  Prof. Bajaj    30 March 2012 at 12:24

Retirement Planning has become a buzz-word these days! Every newspaper, every news-channel seems to talk something or the other about retirement planning. What is more surprising is, when talking about retirement planning, everyone is just talki



Tax Hell?

  Venkatesan.k    30 March 2012 at 12:23

Introduction Finance Ministry, while presenting the much disillusioned and indifferent Union Budget with heavy fanfare and subsequent silence, brought out an amendment that took many people by surprise. It was not just a normal amendment. Rathe



Budget changes in service tax relating to Construction Industry

  CA.Manindar Kakarla    28 March 2012 at 14:46

New Definition for Work Contract A new definition for the Work Contract has been introduced through Sec 65B (54) and is as follows: "Works contrac



Hope, Joy and Optimism

  Deepak kumar sharma    27 March 2012 at 15:09

This article is all about motivation and inspirations. This is just a bunch of noble thoughts. You can change your destiny by changing your thoughts. If you think high and positive and you are also hard working, struggler and consistent then nobody



High Time We Fix Our Judicial System

  CA Anil Garg    27 March 2012 at 15:09

In world ranking on Ease-Of-Doing-Business in India, India ranks absolutely at the bottom of the world on the criterion of contract enforceability (in fact, last but one, with Latvia taking these honours). Late Palkhiwala used to describe India as



Short Note on Issue of Foreign Currency Exchangeable Bonds (FCEBs)

  Ajay Mishra    27 March 2012 at 15:09

INTRODUCTIONS Traditionally, overseas acquisitions were being funded through a verity of sources such as drawl of Foreign Exchange in India, Capitalization of Exp