CAclubindia News
'GIVE BLANKET SERVICE TAX EXEMPTION TO EXPORTERS'
19 September 2007 at 13:07It is an ideal feature of any good taxation system that in export transactions only goods or services should be exported and not the taxes embedded in it. Keeping with this principle, the government has been time and again providing incentives to exp
I-T REFUNDS TO GO ONLINE FROM DECEMBER
19 September 2007 at 13:06Come December, and all the nagging income tax refund worries will be over. The I-T department would be crediting the refunds directly to tax payers' SBI accounts. "Tax payers need not come to Aikar Bhawan to persue their refunds. It will be electroni
What is subprime effect?
18 September 2007 at 20:51What is this subprime effect?By - Ashutosh M Wakhare If you are the kind who follows the business press and news channels very closely, then chances are that, in the last one week, you would have heard stock market experts blaming US subprime default
FINMIN MAY BLOCK RETAIL CESS
18 September 2007 at 20:24The cess on large retail players may not come through at all. The finance ministry is unlikely to endorse a proposal made by the department of industrial policy & promotion (DIPP) to levy a cess on organised retail to create a fund that would finance
TAX REFUND FOR EXPORTERS ON 4 SERVICES
18 September 2007 at 20:19The Finance Ministry on Monday made the first ever move to refund service tax paid by exporters on non-input services. The refund will now be available on four identified transport and port services that could be linked to export goods. Services offe
ALTERNATIVE DEPB SCHEME SOON: MINISTER
18 September 2007 at 20:18The Commerce Ministry is working on an alternative Duty Entitlement Pass Book (DEPB) scheme. "It is in the final stage," Union Minister for Commerce and Industry, Mr Kamal Nath, said but refused to elaborate.Responding to queries after inaugurating t
New hubs to bolster tax kitty
18 September 2007 at 00:23The Central Board of Direct Taxes (CBDT) has discovered new hubs to bolster the tax kitty at this time at the grassroots. The CBDT has spotted Panchayats in states such as Gujarat, Maharashtra, Karnataka and Madhya Pradesh as the potential tax p
CAclubindia celebrates completion of 8 years
18 September 2007 at 00:02CAclubindia.comCelebrates completion of 8 years To post your comments click here
Fee is income rules Tribunal
17 September 2007 at 13:15HOUSING SOCIETIES in the city that disputed the applicability of income tax on transfer fees - collected by a society when a flat is sold by a member - may have to pay up. The Income-Tax (I-T) Department has begun issuing notices to such housing soci
SEBI SERIOUS ON COMPANIES for 'NON-COMPLIANCE' OF CLAUSE 49 !!
16 September 2007 at 09:41MUMBAI: The Securities and Exchange Board of India (Sebi) has initiated 'adjudication proceedings' against 20 companies for not complying with the Clause 49 provision of the listing agreement pertaining to corporate governance. Such action would invo
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