Keeping the conversation between Lord Krishna and Arjuna as the foundation, we will learn certain basic financial and tax matter. Let us try to get answers to our questions in a bit different and joyful manner. The character of Arjuna will be played
Theory of Diminishing value of Chartered Accountants Scenario: Candidates passing CA exams are not getting good jobs. Not much industry is hiring these professionals because there is a sudden increase in the passing percentage of the students.
Dear Professional Colleague, No Recovery proceedings if applied for payment of defaulted Service Tax under VCES, 2013 The Service Tax Voluntary Compliance Encouragement Scheme, 2013 (VCES, 2013 or the Scheme) is not abl
As the number of zero tax companies and companies paying marginal tax had grown, the Minimum Alternate Tax Provision has been inserted in the Income Tax Act. It was felt that va
"If the tax auditor certifies that these are the heads, the officer has no discretion. The Income tax Officer has to accept the tax audit certificate unless it turns out to be a patently false certificate. W
Professional courses are once again making their comeback in the Indian educational mindset. More and more students are opting for professional courses in India. Professional courses offer good career prospects, value for money and are relatively less
DELHI TAX COMPLIANCE ACHIEVEMENT SCHEME, 2013 (DCS) HIGHLIGHTS (by Rakesh Garg, Author & Consultant) Abbreviations used: (i) DSC (or) Scheme : Delhi Tax Compliance Achievement Scheme, 2013 (ii) DVAT Act : Delhi
Reverse charge on service tax Reverse Charge on Service Tax: Under this scheme, service tax is payable by service recipient instead of service provider. Under this charge service receiver has to register himself under service tax. Further
As, Education being one of the priority sectors of the Government of India has been kept outside the purview of service tax net by including the same in the negative list of services. The main objective behind the same is to reduce the cost of edu
Ohh Man! I did my tax saving investments 2 months back only. Otherwise I would have invested in these tax-free bonds. But now I cant invest in them. said Mahesh Kuntal, a 34 year old executive, working with a leading pharma co