CAclubindia Articles

Proposed amendments in Budget 2012-13 in Taxation-Part 1

Posted by Amit Bajaj 17 March 2012 44599 Views

RATES OF INCOME-TAX after Budget 2012 presented on 16.03.2012 A. Normal Rates of tax: 1. Where the total income does not exceed Rs. 2,00,000/-. Nil 2. Where the total income exceeds Rs. 2,00,000 but does not exceed Rs. 5,00,000/- 10 per cent of the

Budget Changes - Direct Taxes - Some Important Sections

Posted by VISWESWARA RAO 17 March 2012 23895 Views

Budget 2012-13 HIGHLIGHTS IN DIRET TAX SOME OF IMPORTANT SECTIONS: i. Rates of income-tax For resident Individuals, HUF,AOP, BOI and Including Women assessee (1) Rs. 0/- to Rs. 2,00,000 - Nil Rs. 2,00,001 to Rs. 5,00,000 10% Rs. 5,00,001 to Rs.

A brief explanation of insertions of budget wrt finance bill

Posted by CA Sumat Singhal 17 March 2012 8835 Views

A brief explanation of insertions of budget wrt finance bill Deduction for Donation not allowed for cash donations in excess of ten thousand rupees Prohibition of cash donations in excess of ten thousand rupees Section 80G of the Income-tax Act pro

Union Budget 2012 - Highlights for Salaried Individuals

Posted by CMA Ramesh Krishnan 17 March 2012 20496 Views

Introduction:The Budget for 2012-13 presented by Finance Minister Pranab Mukherjee in the Lok Sabha on 16th March 2012. I would like to list of some key points related to salaried case impl

Key Features of Budget 2012-2013

Posted by Guest 16 March 2012 30685 Views

APPROACH TO THE BUDGET 1. For Indian economy, recovery was interrupted this year due to intensification of debt crises in Euro zone, political turmoil in Middle East, rise in crude oil price and earthquake in Japan. 2. GDP is estimated to grow b

Union Budget 2012-13 Highlights

Posted by Guest 16 March 2012 34261 Views

Budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters GDP growth to be 7.6 per cent (+ 0.25 percent) during 2012-13 Amendment t

Great Expectations - Union Budget

Posted by Vijay Kalia 16 March 2012 6039 Views

The budget is scheduled to be presented on 16TH the Friday and I expect some of the measures herein after detailed though the big ticket reforms in the form of DTC and GST are kept at bay. DTC (2010) the recommendat

Fiscal consolidation a must for the budget : Exclusive chat with CA Mohandas Pai

Posted by Guest 26 April 2021 23590 Views

As rightly said, that it is not title's that honour men, but men that honour titles. Such as are the ones who change the world with their vision. Today we have such a gem with us, who has changed the way of corporate working.

Long and Strong performance in CS and other Exams!

Posted by Ankur Garg 20 March 2012 15365 Views

Hello Friends, As per my personal understanding for a long and strong professional career the foundation of your study should be very strong. I can say this because of my in-depth study of Institute Study Material. Dangerous Reality: Somewhere

Recent Judgement of Supreme Court on Trade Discounts

Posted by G S Rao 15 March 2012 145827 Views

Recent Judgment of Supreme Court on Trade discounts ` (M/s. IFB Industries Ltd. Vs. State of Kerala (Supreme Court) Background A Division bench of the Kerala High Court, in the case of M/s IFB industries Ltd has held that unle