BT Big Story: How the FCNR(B) deluge has created two new problems for the RBI
India’s central bank went into the summer of 2026 trying to shore up the rupee amid turmoil triggered by the West Asia war. Three months
FCNR(B): Has RBI bought forex stability at too high a cost?
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/fcnrb-has-rbi-bought-forex-stability-at-too-high-a-cost/articleshow/134394723.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst RBI’s FCNR(B) scheme has been lauded for attracting $132 bn. But is the amount attracted the right measure of success? Without doubt,
Buying property? One TDS mistake can cost you lakhs: 3 buyers faced Rs 5.15 lakh penalty
Purchasing an immovable property comes with complex taxation rules, but the key rules for property purchase may become more complicated for a common taxpayer when
Money Gifted by Father & Mother through Banking Channels: ITAT Deletes Rs 31.40 Lakh Unexplained Money Addition
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) deleted Rs 31.40 lakh addition under Section 69A after finding that the source of cash
Mumbai ITAT Allows ₹8.80 Crore Section 54F Exemption Despite Wrong Section 54 Claim
Read more at: https://taxguru.in/income-tax/mumbai-itat-rs-8-80-crore-section-54f-exemption-wrong-section-54-claim.html Copyright © Taxguru.in Farhat Shiekh Vs ITO (ITAT Mumbai) Section 54F Relief Cannot Be Lost for Mentioning Section 54 – Wrong
AO Must Dispose Reopening Objections Before Reassessment: ITAT Mumbai
Read more at: https://taxguru.in/income-tax/ao-dispose-reopening-objections-reassessment-itat-mumbai.html?utm_source=follow.it Copyright © Taxguru.in Objections Cannot Be Buried in the Final Order – Reassessment Quashed for Skipping the GKN Mandate Background The
Has the US FED and AI created a costlier world ? – And has the queue got longer for India ?
Almost 21 years ago,on November 1, 2005, the US Fed had raised its target to 4%. Consumer prices that December were also 3.4% higher than
BL Editorial on 100% Tariff law –[1] US has advised Ukraine not to attack Russian refineries for fear of causing a shortage and hurting the world [2] So the US wants to squeeze Russian supplies but not by so much as to send crude prices spiralling over current level of around $100 a barrel–[3] Lastly the editorial suggests the Law will be due for review after 180 day and India can afford to wait it out–
Statistical information worth knowing [1]Top buyers of Russian oil since the war broke out in 2022–China about 50%– India 37% [2] In the case of
