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Playing 'Economic' Moneyball - The Union Budget 2012-13

  Guest    19 March 2012 at 13:44

In 'Moneyball', Billy Beane the General Manager of the Oakland Athletics, a small town baseball team with a tiny budget, faces the challenge of winning games in Major League Baseball beating teams such as the New York Yankees whose budget is



Overview of Amendment in Direct Taxes(Budget 2012-13)

  Ravi Agarwal    19 March 2012 at 13:19

Introduction The provisions of the Finance Bill, 2012 relating to direct taxes seek to amend the Income-tax Act, inter alia, in order to provide for- A



King's Speech - Union Budget 2012-13

  CS LLB Pulkit Gupta    19 March 2012 at 11:32

"For every benefit you receive a tax is levied" Another year of Budget and another year of expectations. Lemme tell you that being Finance Minster of India is not an easy job. Especially when yo



Rajiv Gandhi Equity Savings Scheme

  Indraneel Sen Gupta    19 March 2012 at 11:22

The budget is over and the market is flooded with analyst reviews about the budget. Every budget has provided some tax benefits to the Am Admi(Mango People) linked with the market returns. This time also the Union Finance Minister Shri Pranab Mukher



Budget and provisions related to Trust and society

  Yogesh Agarwal    19 March 2012 at 02:16

Dear all the annual budget had finally placed by the Fin Minister. Some drastic, some dramatical, some difficult to appetite amendments are proposed in the budget.I will not discuss the entire finance bill but only the amendment proposed in relation



New paradigm in Service Tax

  Arun Kumar Singh    19 March 2012 at 02:15

Rajesh Kumar, AdvocateIn 2012 budget, there has been a paradigm shift in the Service Tax Laws. The shift is affecting all businesses- whether they are in manufacturing, service providing, NGOs, Trading or even Government departments. Even individual



Budget Analysis 2012- Service Tax Proposals

  CA Nikhil Jhanwar    19 March 2012 at 02:15

It comes every year, but excitement and expectations from the Budget across the sectors and masses always remains. Budget 2012-13 (a 7th Budget by Mr. FM Pranab Mukherji) was just like a Glass- half e



My understanding of BUDGET - 2012

  Durga Rao    19 March 2012 at 02:14

I am not an economist, and I am not even an eminent Chartered Accountant, however, from the views of various experts on the subject, I would like to express my understanding on Budget 2012 as follows: Background: We are all concerned at ou



Aligning Service Tax provisions with Central Excise

  Pradeep Jain    17 March 2012 at 17:13

The Budget, 2012 has brought many changes in the Service Tax provisions in an attempt to align the same with provisio



Few highlights from Budget 2012

  Guest    17 March 2012 at 17:11

1. Alternate Minimum Tax also applicable to persons other than company if the assessee is claiming deduction under Chapter VI under the Head C and under Section 10AA. However if the adjusted total income of any assessee being individual, HUF