Insurance (Traditional or ULIP’s) – An ideal solution provider to risk at every stages of human’s life The ultimate motive behind the launch of each life insurance policies are to provide insurance against the risk of one’s
I would like to share latest RBI Circular on Alteration of Cheques. RBI/2009-10/503 DPSS. CO. CHD. No. 2806/04.07.05/2009-10 June 22, 2010 We invite your attention to our circular DPSS.CO.CHD.No. 1832/04.07.05/2009-10 dated February 22, 2010 on th
Most of the individuals who earn enough money are generally required to give part of it back to the government, through the usual way of filling out an income tax return. They then send the necessary portion of their income to the government. But it
On 15.06.2010, CBDT released Revised Discussion Paper on DTC. It covers 11 points on which comments were received after the release of Draft DTC provisions in August 2009. Through this article, I just try to explain the points covered by the Revi
Indian investors have to contend with two conflicting set of facts right now. Let us take them one by one. First is the bailout package that the leaders of the developed world used after the global financial meltdown. Basically, the governments ha
TO BEGIN WITH: On 20th June 2010, China announced that it will take steps to let its currency Yuan appreciate against US dollar ending its fixed rate regime. People’s Bank of China came up with a statement the next day saying that China will no
It has come to my notice that several banks are charging service tax on interest and finance charges on credit card payments. In certain cases although the nomenclature is clearly mentioned as “Interest” still the bank has charged servic
Have you ever dreamed the day you becoming a Chartered Accountant and settling in your life? In this connec
Prepared By:CA Pradeep Jain,CA Ridhi Anchalia andSukhvinder Kaur, LLB [FYIC]Introduction: - Every Finance Act brings with it some new services under the purview of the Service Tax. The Associated Enterprises were also a part of those services that we
The direct tax code was released in Aug 2009 and it was declared at that time it will replace the more than half century old Income tax Act, 1961 in a New and polished way with simple and understandable language and professional way. The main thrust
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