The present writ petitions are disposed of holding that the respondents are not entitled to levy service tax on the petitioners upto 17.4.2006, in respect of the services availed by them, as it is clear that Section 66A had been inserted in the Finance Act, 1994, by way of an amendment, by the Finance Act, 2006, only with effect from 18.4.2006, enabling the authorities concerned to levy service tax on the recipients of the taxable service.
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In a bid to tame prices that has seen annual food inflation soar to double digits, India’s central bank on Tuesday hiked its short-term lending and borrowing rates by 25 basis points that could make commercial, housing and auto loans dearer. Reserv
Sub: Discontinuance of CA Final Examination under the old syllabus. As announced earlier on the Institute’s website, the Final (Old) examination stands discontinued with the culmination of November, 2010 examination. A detailed announcement regard
Candidates who are desirous of applying for verification of the marks obtained by them in the Nov. 2010 exams are requested to note and follow the procedure detailed below. The application for verification of marks must be in the handwriting of th
The next time you come across a Chief Belief Officer or a First Impression Executive or a Cost Kill Analyst, don’t be surprised. For many a companies are offering fancy designations to employees, which not only makes them feel good but also help re
1. What is Micro Credit? Micro Credit is defined as provision of thrift, credit and other financial services and products of very small amount to the poor in rural, semi-urban and urban areas for enabling them to raise their income levels and impro
1. What is Commercial Paper (CP) ? Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. 2. When it was introduced? It was introduced in India in 1990.
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Tax collections during the current fiscal are likely to exceed the budgetary target by about Rs 37,000 crore, at Rs 7.82 lakh crore, in light of robust growth of the economy. “The Budget target of tax revenue has been revised upward to Rs 7.82 lakh
