CAclubindia Articles

Sec 80EE - Should you rush to buy a house?

Posted by CA Suraj Lakhotia 02 March 2013 21205 Views

Increasing savings and their optimal allocation for productive uses lead to higher economic growth. The household sector must be incentivised to save in financial instruments rather than buy gold. Excerpt from Budget Speech

Service Tax Amnesty Scheme?

Posted by Madhukar N Hiregange 01 March 2013 46338 Views

VOLUNTARY COMPLIANCE ENCOURAGEMENT SCHEME, 2013 (VCES) Background of the Scheme Service tax is a new emerging law and there has been lack of clarity on the applicability o

Budget 2013- Garment Industry

Posted by Madhukar N Hiregange 01 March 2013 8032 Views

Budget 2013 Impact on Garments Industry The Garment industry has suffered a lot in the in the last one year due various factors, such as increase in the cost of power, labor, transpor

Income Tax Amendment Highlights: Major Amendments

Posted by JITENDRA 01 March 2013 31297 Views

Taxability of immovable property received for inadequate consideration: It is proposed to amend the provisions of clause (vii) of sub-section (2) of section 56 so as to provide that where any immovable property is received for a considerati

Snapshots - Budget 2013

Posted by CA. Bikash Bogi 01 March 2013 7268 Views

HIGHLIGHTS OF BUDGET 2013 This Snapshot is prepared solely on the basis of Budget Speech of Honble Finance Minister. A. DIRECT TAXES INDIVIDUAL / FIRMS a. No change in income tax slabs. b. Tax credit of Rs. 2,000/- for income upt

Budget 2013 - Tasteless for the Bonds Market

Posted by Nidhi Ladha 01 March 2013 6273 Views

Bonds Market in India A reasonably well-developed corporate bond market is very much required in any economy to supplement banking credit and the equity market and to facilitate the long-term funding requirement of corporate sector as well as inf

Standards on Internal Audit: Codifying the Best Practices

Posted by PRATEEK LOONKAR 01 March 2013 32213 Views

What is Internal Audit? Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organizations operations. It helps an organization to accomplish its objectives by bringing a sy

Some Hidden Proposal in Budget 2013

Posted by CA Ayush Agarwal 01 March 2013 12235 Views

Dear All, I Was Reading Budget Synopsis, Budget Summary, Budget Views. But Didnt Found Some Proposal (We Can Say Them Hidden), That Were No Where Discussed. Just Want to Highlights Points Which are really Hideen. Hidden proposal I --in Income Tax

Union Budget 2013-2014 - Glance

Posted by CS DHANAPAL 01 March 2013 9092 Views

Introduction:- The Honble Finance Minister P Chidambaram presented the Union Budget for the financial year 2013 2014 in the Assembly of Parliament on 28th February 2013. The main highlights of the Union Budget 2013 are presented h