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Business: PPF LIMIT RAISED ONE LAKH PPF INTEREST RATE 8.6% INCREASED

PPf limit raised . Interest rate increased
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Business: TAX CALCULATION FY 09-10 FORMULA SHORT CUTS EXCEL(+NUMBER TO TEXT )

calculate Income tax by short cuts
ctrl+shift+M for male
ctrl+shift+s=sr citizen
ctrl+shift+w=woman

plus spell word ,convert number into text by
=spell(cell0r value) so =spell(10) will converted in to Rupee Ten only
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Business: Discussion Paper on GST (Goods and Services Tax) released

Today ,The Empowered Committee Of State Finance Ministers has released First discussion Paper on the GST (Goods and service tax).The GST as name suggests is a combined tax at a Uniform rate in lieu of Indirect tax like VAT,CST ,excise etc.except few exception here and there.
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Business: TDS ON CONTRACTOR-SUB CONTRACTOR -JOB WORK U/S 194C WEF 01.10.2009


Amendments in section 194C from 01.10.2009:As per amendment through Finance Act(2) ,2009,new Section 194C has been substituted for old section 194C .New Section is applicable from the 01.10.2009.The main changes in the new section is given as under Separate rates for contractor and subcontractor has been removed.Now the tax rate has been categorised according the status of deductee and new TDS rates for contractors are as under For payment made to Individual & Hindu undivided family=1 % For payment to others =2%
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Business: PAY FIXATION CALCULATOR Punjab State Electricity Board(PSEB)

I have prepared a small pay fixation calculator on the basis of information given in Punjab Kesri (19/09/2008) Patiala edition and various information collected from here & there .Kindly note that new calculator is not 100 % correct but I have tried my best to prepare this calculator.kindly use it at your own risk and report errors on guptarajin2002 at the rate yahoo.co.in
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Business: COST INFLATION INDEX 2009-10 NOTIFIED

Today (09.09.2009) Cost Inflation index for Financial Year 2009-10 Has been notified.The Index is to be used for the calculation of Long term capital Gain on Capital assets .More over person who has sold their assets in April & looking to invest money in Bonds is looking for this Notification as time limit for investment as per section 54EC is 6month from date of transfer of capital assets which is going to be expire in October 2009 for such persons.
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Masti: SIDE EFFECTS OF NANO CAR-FUNNY


watch a very interesting funny slid show about side effects of nano Tata small car and give ur comments
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Masti: Should u really marry a CA(girl)?????

an interesting story about what happen if you marry with a CA Girl.Read pro & cons of marriage with a CA girl.
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Business: TDS RATES FOR FINANCIAL YEAR 2009-10(AFTER/BEFORE 1.10.2009

get TDS rate chart as per budget 2009 and Finance act 2009 from 1.10.2009 and before 1.10.2009 and what are the issues involved in surcharge and cess
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