CAclubindia Articles

TAX REGIME FOR LLP

Manoj Kumar Joshi 08 July 2009 at 15:57

The UPA government has introduced the much awaited Tax Regime for LLP. Key Highlights of the proposed tax regime are: LLP’s will be treated as Partnership Firms for the purpose of Income Tax w.e.f assessment year 2010-11 No surcharge will be

The FM Says It Right

Equitymaster 07 July 2009 at 15:20

A single Budget speech cannot solve all our problems, said the Finance Minister Mr. Pranab Mukherjee as he began his speech today. And what he delivered (or didnt) was exactly what he said at the start. His budget for 2009-10 is now being seen as a n

Budgetary Changes In Service Tax

MONISH BHALLA 07 July 2009 at 12:22

Budgetary Changes In Service Tax By MONISH BHALLA www.servicetaxonline.com With the presentation of the Finance (No.2) Bill, 2009 the Finance Minister has proposed certain amendments and the sa

DISAPPOINTMENT COMES ONLY TO THOSE WHO MAKE APPOINTMENT

MONISH BHALLA 07 July 2009 at 12:21

“DISAPPOINTMENT COMES ONLY TO THOSE WHO MAKEAPPOINTMENT WITH THE FUTURE”Disappointment Comes Only To Those Who Make Appointment With The Future. The ‘Aam Aadmi’ and the Stock Market both felt disappointed as they had huge exp

Budget 2009 belies expectation of taxpayers

Guest 07 July 2009 at 11:46

The Union Budget 2009 has belied the expectations of all tax payers especially income tax payers! There is noting to cheer by aam aadmi as perhaps aam aadmi means a person who is not earning an income liable for Income Tax-that is what the UPA govern

Budget is not focused on Aam Adami

CA Nikita 07 July 2009 at 11:12

Budget is not focused on Aam Adami- CA Sudhir HalakhandiCA Nikita Jain - Now the Budget for the year 2009 has been presented and we have with us the Tax expert and eminent tax columnist and writer CA Sudhir Halakhandi Once again to give his reactions

Service Tax - Budget 2009

Madhukar N Hiregange 07 July 2009 at 11:10

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

Budget 09-10: Changes in Service Tax

Rajesh Kumar 06 July 2009 at 23:51

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

Budget 2009-10: General Comments

Rajesh Kumar 06 July 2009 at 23:51

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

Budget 09-10: Changes in Excise Law

Rajesh Kumar 06 July 2009 at 23:50

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