CAclubindia Articles
Budget Changes in CENVAT Credit Rules
Changes in CENVAT Credit Rules in Union Budget 2012-2013 Amendments in the Definition of Capital Goods: v The facility of taking CENVAT Credit on motor vehicles other than those falling under tariff headings 8702, 8703, 8704,8711 and their
E - I Transaction
Transit Sales under the CST Act. Transit sales These are generally known in the market as 'LR sales', , 'subsequent inter-State sales‟ and 'E-I sales'. However these words including the words transit sales‟ do not find
Core Investment Company - An Insight
Core Investment Company (CIC): On August 12, 2010, the Reserve Bank of India (RBI) issued a notification DNBS (PD) CC.No.197/03.10.001/2010-11 prescribing the regulatory framework of a Core Investment Company. On January 05, 2011, the RBI issued
Burning issues in Direct taxes Budget- 2012
BURNING ISSUES IN DIRECT TAXES The present Budget has made various amendments and changes in respect of income taxpayers. Here is the critical analysis and impact of the major changes in Budget 2012 in respect of personal Income Tax: E
To all CPT Cleared Students Going for IPCC
Some Thing to know before u guys dive into the toughest phase of Chartered Accountancy! (This text might seem boring and odd-sized but as a student of CA, I'm sure you can take it![;)] ) Well.What is tough in this phase
Don't Retire Hurt!
Retirement Planning has become a buzz-word these days! Every newspaper, every news-channel seems to talk something or the other about retirement planning. What is more surprising is, when talking about retirement planning, everyone is just talki
Tax Hell?
Introduction Finance Ministry, while presenting the much disillusioned and indifferent Union Budget with heavy fanfare and subsequent silence, brought out an amendment that took many people by surprise. It was not just a normal amendment. Rathe
Budget changes in service tax relating to Construction Industry
New Definition for Work Contract A new definition for the Work Contract has been introduced through Sec 65B (54) and is as follows: "Works contrac
Winners Vs. Losers
Winners are made out of positive attitude towards life, aims and goals of life. As long as you are trying to achieve your goals without giving up, you are a winner. When one of your goals is achieved, aim for something bigger and better, and keep yo
Do you really wanna become a CA?
Hi Friends, I am Roohi Aggarwal who secured All India 1st Rank in CA Final Exams held in November 2011. I have written this article to share my experiences and strategy during preparation for exams. This is to guide and motivate you to make your own
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