| Government launched 1% interest subvention scheme on housing/home loans up to Rs.10 lakhs Posted: 01 Oct 2009 10:29 AM PDT 
The Government today launched an interest subvention scheme of 1% on all individual housing loans upto Rs.10 lakh for units costing upto Rs. 20 lakh. The scheme recognizes that cut in interest rates has an important role to play in reducing EMIs of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Web Designing & Hosting -Capital or Revenue Expenditure Posted: 01 Oct 2009 10:03 AM PDT 
A landmark decision recently delivered by the Delhi High Court in the case of CIT v. INDIAN VISIT. COM (P.) LTD. is sure to cheer the hearts of several business entities that spend large amounts in developing their websites. SUMMARY OF THE CASE... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Rate of service tax on contract entered after July 7th, 2009 where the developer supplies steel and cement free of cost to contractor Posted: 01 Oct 2009 08:03 AM PDT 
Question: What would be the rate of service tax on contract entered after July 7th, 2009 where the developer supplies steel and cement free of cost to contractor? CA Madhur Khandelia Reply: - The Works Contract (Composition Scheme for Payment of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Announcement for Students appearing for the Professional Competence Examination (PCE) for November, 2009 Posted: 01 Oct 2009 02:39 AM PDT 
The Examination Committee has taken the following important decisions for the November, 2009 examinations. Students are advised to note them carefully. A. CA course being a professional course, practical training is an essential part of it and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Instructions for filing of from no. 704 related to MVAT audit and download form 704 Posted: 01 Oct 2009 02:07 AM PDT 
Instructions for filing of e-704 1) It is necessary to use the downloaded form e 704 as is available on the web www.mahavat.gov.in 2) There are few easy steps for filing of e 704 First login to www.mahavat.gov.in Click on the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| The CBEC has launched ACES (Automation of Central Excise and Service tax) in Bangalore from 30th Sept 2009 Posted: 01 Oct 2009 01:57 AM PDT 
The Department has started sending Emails to all the existing Assessees as "Central Board of Excise & Customs has developed a new software application called Automation of Central Excise & Service Tax (ACES) to do on-line transactions... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Insurance companies asked government to tax only policies sold after March 2011 Posted: 01 Oct 2009 01:53 AM PDT 
Insurance companies have asked the government to shift to the new tax regime under the Direct Tax Code only for those policies sold after the proposed Code came into effect from April 2011. The draft code, circulated for public comments, had... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
| Guidelines for Foreign investment in Commodity Exchanges Posted: 01 Oct 2009 01:43 AM PDT 
Press Note No. 7 (2009), dated 26-9-20091. Government of India had laid the guidelines for foreign investment in Commodity Exchanges vide Press Note 2(2008) dated 12th March 2008. As per the guidelines, a composite ceiling for foreign investment of... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]  |
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