News & FAQs

Budget 2013: Shift Your Money from Long Term to Short Term

News & FAQs | By ALOK PATNIA | Mar 6, 2013

As reported by the Economic Times of India: Debt investors should now make some changes in investment plans after the Budget to maximise ...

Budget 2013: Stress More on Women and Children’s Welfare

News & FAQs | By ALOK PATNIA | Mar 2, 2013

Union Home Minister P Chidambaram tried to woo Indians with his 8th Union Budget which he presented on Thursday, Feb 28. In budget 2013 m...

Budget 2013: Changes in Service Tax Compare to Budget 2012

News & FAQs | By ALOK PATNIA | Mar 2, 2013

The Budget announced no change in the standard rate of excise duty and service tax, include two services in the negative service-tax list...

Budget 2013: Levy of Surcharge 10% on Super Rich Tax by FM

News & FAQs | By ALOK PATNIA | Mar 1, 2013

The finance minister P Chidambaram in his eighth Union Budget increased the surcharge (or tax on tax) for the rich whose yearly income e...

Budget 2013: Changes in Direct Tax Impacting Businesses & Individuals

News & FAQs | By ALOK PATNIA | Feb 28, 2013

As per the Budget 2013-14 a corporate organization should concern on the following points in Direct Tax – Hiked in Surcharge rate (...

Budget 2013: Additional deduction of Rs 1 lakh allowed to Home loan borrowers

News & FAQs | By ALOK PATNIA | Feb 28, 2013

Home loans are the cheapest loans available in the market. May be Govt. has sniffed that, in India Real Estate is quite costly and owning...

NMC Requests to Exempt DA from Income Tax and Enhance I-T Exemption Limit To Rs 5 Lakh

News & FAQs | By ALOK PATNIA | Feb 27, 2013

As Reported by The Economic Times of India – National Mazdoor Conference (NMC) on Sunday sought after raising the Income Tax exempt...

Things You Should Know Before Applying For PAN

News & FAQs | By ALOK PATNIA | Feb 23, 2013

PAN i.e., Permanent Account Number is an alphanumeric number by which the Assessing Officer can identify any person. Presently the Income...

Limit U/S 80c Should Enhance To Rs. 300000 in Budget 2013

Before the introduction of section 80c by the Finance Act 2005, section 88 was there to provide exemption to investors. However, section ...

Things That an NRI Is Expecting From Finance Minister in Budget 2013

It is that time of the year when all eyes are on the Finance Minister, curious to see what is going to be announced in Budget 2013 i.e, ...

Expectations of Individual Taxpayers from Budget 2013-14

News & FAQs | By ALOK PATNIA | Feb 21, 2013

Every year people wish that budget will bring some good news for them but mostly they turn disappointed every year. Salaried individuals ...

Companies Operating Without Certificate of Incorporation

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Feb 17, 2013

Much to the surprise of MCA, and the entire community of professionals dealing in Corporate Law, complaints have been received in respect...

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