Outward Transit Insurance
- Whether Part
Of Taxable Sale Price
Contract of
sale can either be Ex works contract or F.O.R contracts...
Advance Ruling Under Vat Acts
A major tax payer
friendly initiative in the shape of Advance Ruling has
been taken by the State of Haryana in its VAT Act .....
Application of Income:
There are certain fundamental concepts which play a very
elementary role in the computation of income tax
Overview of Fringe benefit tax:
This tax is already levied in the United States, the
United Kingdom, Canada, Australia, New Zealand, Japan
Household Savings:
A high level of savings helps the economy to progress on a
continuous growth path since Investment is mainly financed
out of savings
SEZ:
The emergence of SEZs in a conservative society like India
is aimed at changing the Indian outdated thinking and
environment.
Leave
Encashment
Leave Encashment is
taxed differently for following types of employees.....
Analysis of value added chain (Value Added Tax):
VAT or Value Added Tax is, perhaps, one of the most
important fiscal innovations of the 20th century. First it was
introduced in France in 1954
Salary
Tax
Money which you earn
from different sources is taxed differently. So if you are
a salary earner, your salary income to be taxed will be
calculated in a different way from gains....
Allowances
The exemption of House
Rent Allowance (HRA) received is exempt to the least of
the following...
Canons of Taxation
basic principles of taxation have remained more or less
unchanged for the past 220 years...
Tax on Works
Contract
The Supreme Court
recently agreed to reopen the case of sales tax on works
contracts. Notices have been served...
Pre-requisite
OF Taxes
A perk is an
additional benefit provided by an employer, in cash or in
kind, apart from regular salary and allowances. It may be
in cash or in kind and results in a personal benefit to
the employee...
D.E.P.B., Its Taxability - Issues
Therein
The case of Sadhu
Overseas, Faridabad Vs State of Haryana decided by Haryana
Tax Tribunal on 21.10.03 has held DEPB as equal to
money.....
Fiscal Federalism In India
"An Insight Into The Concept And Structure Of Sales
Taxation "
India has a federal form of government, and hence a
federal finance system.......
