India may be one but service tax has two Indias: one for export of services another for import of services!;

Partnership firms can now pay higher salary to partners; Presumptive tax rate hiked to 8%;

TDS rates reduced for 194C and 194I;

Ambit of PAN-quoting hugely expanded;

Cement, TMT, CTD used as structurals not eligible for Credit – Amendment to CENVAT Credit Rules, 2004;

Lawyers and Plastic Surgeons brought under Service Tax net;

Service tax on money changer: Scheduled banks exempted for inter-bank transactions in foreign currency;

BUDGET ANALYSIS

budgetstory20.pdf

Legal Consultancy Service – whether appearance before the Settlement Commission is outside the purview of Service Tax levy?

budgetstory19.pdf

Goods & Service Tax: The Road Ahead;

budgetstory18.pdf

Finance Bill 2009: Dream to Reality Check;

budgetstory16.pdf

India may be one but service tax has two Indias: one for export of services another for import of services!

budgetstory15.pdf

Budget 2009: All efforts to bring back economy on 9% growth path

budgetstory14.pdf

Cement, TMT, CTD used as structurals not eligible for Credit – Amendment to CENVAT Credit Rules, 2004

budgetstory13.pdf

Partnership firms can now pay higher salary to partners; Presumptive tax rate hiked to 8%

Budget Reactions.pdf

Budget 2009: A quick evaluation of impact vs expectations;