CAclubindia Articles

Heads I win, tails you lose, says FM

MONISH BHALLA 28 February 2010 at 14:39

Budget 2010 is likely to get a variety of reaction from different sectors. For the "aam admi", it is not a khaas budget and for the khaas admi, it is nothing more than an aam budget. Experts view it in a different prospective. Budget 2010

New Services proposed in the Union Budget 2010

MONISH BHALLA 28 February 2010 at 14:39

List of the eight new Services proposed Promoting, marketing or organizing of games of chance, including lottery [Section 65 (105) (zzzzn)] Health services, include following:- [Section 65 (105) (zzzzo)] 1. Health check up undertaken by ho

Budget 2010. Highlights of Service Tax

MONISH BHALLA 28 February 2010 at 14:39

Budget Highlights – Service Tax Rate of tax on services retained at 10 per cent to pave the way forward for GST. Proposals relating to Service Tax are estimated to result in a net revenue gain of Rs 3,000 crore for the year. Proce

Budget 2010- Income Tax

Mahesh Kapasi 28 February 2010 at 14:32

Budget and Income Tax The Union Budget 2010 is definitely inflationary for Aam aadmi. Middle class shall become poor class! There is no respite from continuing inflation and the budget provisions are adding fuel to the fire of inflation. India too sh

3 SMARTS OF BUDGET 2010-11

Indraneel Sen Gupta 28 February 2010 at 14:30

PETROL: Walk Out Yesterday the Parliament of India have created a history by making a walkout even before the budget was yet to be finished. The opposition parties made the walkout once it was declared in the budget that petrol prices

Port/Airport Services: At Great Expansion

Pradeep Jain 28 February 2010 at 14:30

PORT/AIRPORT SERVICES: AT GREAT EXPANSION Prepared By: CA Pradeep Jain, Monu Toshniwal The introduction of Budget 2010 has brought a drastic change in the definition of the Port/Airport services which will definitely expand t

CST Amendment by Finance Bill 2010.

CA Ravish Trivedi 27 February 2010 at 14:25

Amendment in CST Act by finance Bill 2010: Section 6A: Amendment in Sub- section (2 ) of 6A : i) Provide that for making an order under that sub section the assessing officer shall, in addition to satisfying himself about the

HOW MUCH SAVINGS UNDER NEW TAX SLAB.

Indraneel Sen Gupta 27 February 2010 at 12:15

INCOME TAX READY RECKONER INDIVIDUALS Taxable Income Tax Pa

Are the stimulus measures stroking inflation or driving economy

Anurag Maheshwari 27 February 2010 at 12:12

By withdrawing the stimulus too soon, you face the risk of stalling recovery. By withdrawing it too late, you run the risk of inflation. So it's a real balancing act.A lot of monetary accommodation was provided by the RBI in the immediate aftermath o

BUDGET WINE IN NEW BOTTLE

Indraneel Sen Gupta 27 February 2010 at 12:11

Month of February is the shortest month of the year and this shortest month gets the highest importance other than any month of the year. For Indian economy it is the month where all expectation and desires followed with wishes and prayers are ex