Service Tax: Budget- 2009 HighlightsBy Madhukar N Hiregange, FCA, DISA& Sudhir V S, B.com ACADirection of IDTThe FM stated that as advised by Kuatilya 3000 years back he would make the law certain and equitable. The speech itself dispelled any s
SERVICE TAX:New Services has been levied on following services: Transportation of goods through Railways, including government railways. Transport of coastal goods, and transport through inland waters. Legal Consultancy Services, except services
In the budget the Hon’ble Finance Minister emphasizes inclusive growth in the challenging global scenario. The budget took into consideration the falling growth rate and its impact on social sectors. The budget provides greater outlay for rura
CENTRAL EXCISE:Tariff:There is effort to move the overall rate towards 8% mean rate. Thus the products attracting 4% duty rate will now attract 8% duty. Such increase is there in Man Made textile, ceramic tiles, plywood and article of woods, writing
SELECTION OF A CORPORATE BUSINESS STRUCTUREIf you are new entrepreneur looking of doing a business in a corporate form of organisation, first you have to select a form of business organisation. There are four types of Corporate Business Forms availa
LIMITED LIABILITY PARTNERSHIP (LLP) INDIAPublished byCompaniesInn.com India Private Limitedwww.companiesinn.com 1. Concept of LLPLimited Liability Partnerships (LLPs) are commercial vehicles which combine the features of partnership
TAXATION OF LIMITED LIABILITY PARTNERSHIP (LLP) INDIA Finance Bill 2009 has brought LIMITED LIABILITY PARTNERSHIP (LLP)in line with a ‘FIRM’. This will enable the LLP taxed as a Partnership. LLP form of organization will get the advan
The Union Budget for 2009-10 will soon be presented by the newly-formed Government at the Centre against a backdrop of relative stability on the domestic political front and continuing economic uncertainty in the global arena. While the expectations
I really need to question few things here?? What was the motto- To simplify taxing system or to collect revenue by different names for the government? We have the same Congress government which got different kind of weird named and all very complicat
The article makes an effort to understand basic concepts of “Revenue recognition” as stated by IAS 18 in a question and answer mode. IAS 18 -- Revenue Recognition What is “Revenue” ?Revenue is the gross inflow of economic be
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
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