Here is some food for thought for people who are opposing the VAT regime. People might be amazed to know that India has the highest indirect tax rate as found in a recent survey by Ernst & Young. The cummulative effect of VAT (12.5 %) and Excise duty (16.32 % ) comes out to more [...]
Welcome Freinds
Hi Freinds WELCOME TO FORUM4CA. As you can see, the website is already up the net. You all can have a look on it and give me your feedback. Meanwhile, the content and the useful links will be added soon. I request your whole hearted participation and make this website a sucess story. This website [...]
Exemption of SED on Cold Drinks
In a bid to improve margins and operate profitably in a segment that is seasonal in nature, the soft drinks industry has asked for abolition of the Special Excise Duty (SED) of 8 per cent on aerated soft drinks in the forthcoming budget. Though the industry sources say that the argument is fairly simple but [...]
Indian Stock Markets
Stock analyst and Dalal Street trade pundits have predicted that sensex is going to touch 11K very soon, maybe by Jan,06 end. The Sensex already crossed the historic 9k mark on 12th December and closed at an all time high of 9133 after gaining 66 points. The stocks yesterday were moving in line with the [...]
Welcome Freinds
Hi Freinds WELCOME TO FORUM4CA. As you can see, the website is already up the net. You all can have a look on it and give me your feedback. Meanwhile, the content and the useful links will be added soon. I request your whole hearted participation and make this website a sucess story. This website [...]
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