Clipped from: https://www.business-standard.com/article/economy-policy/rupee-heading-for-its-all-time-low-likely-to-hit-77-level-poll-122030500002_1.html Photo: Brent Lewin/Bloomberg Posting its worst weekly loss in 11 months, the rupee on Friday breached the 76/$ level despite heavy dollar selling by state-run
Month: March 2022
Exporters bear the brunt as Russia-Ukraine crisis takes its toll | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exporters-bear-the-brunt-as-russia-ukraine-crisis-takes-its-toll-122030500067_1.html War could affect export demand as Europe is the largest national export market for India Ukrainian service members near a school building destroyed
Refund under CST Act shall be granted to Person on whom lay Ultimate Tax Burden: Gujarat High Court–TAXSCAN
Clipped from: https://www.taxscan.in/refund-under-cst-act-shall-be-granted-to-person-on-whom-lay-ultimate-tax-burden-gujarat-high-court/157552/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Tax%20Burden Top Stories By Rasheela Basheer – On March 2, 2022 1:47 pm A two-judge bench of the Gujarat High Court has held that only the persons on whom
New Registration and Amendment of Address for existing GST Registration requires Geo Location on GST Portal: GSTN–TAXSCAN
lipped from: https://www.taxscan.in/new-registration-and-amendment-of-address-for-existing-gst-registration-requires-geo-location-on-gst-portal-gstn/157580/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=E-Way%20Bill Top Stories By Abdullah Karuthedakam – On March 2, 2022 2:39 pm The Goods and Services Tax Network ( GSTN ) has enabled the new feature ‘Geo-location’ for
Amount Deposited in the Absence of Requisite SCN is liable to be Refunded: CESTAT–TAXSCAN
Read More: https://www.taxscan.in/amount-deposited-in-the-absence-of-requisite-scn-is-liable-to-be-refunded-cestat/157657/ Clipped from: https://www.taxscan.in/amount-deposited-in-the-absence-of-requisite-scn-is-liable-to-be-refunded-cestat/157657/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CESTAT Top Stories By Jwala K.P – On March 2, 2022 7:34 pm The Principle Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ),New
Builder eligible for Service Tax Refund on Refund to Customers on cancellation of Sale of Flats: CESTAT—TAXSCAN
Clipped from: https://www.taxscan.in/builder-eligible-for-service-tax-refund-on-refund-to-customers-on-cancellation-of-sale-of-flats-cestat/157629/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Builder Top Stories By Rasheela Basheer – On March 2, 2022 5:14 pm The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench has held that the
Reasonable Apprehension of Coercion by GST Dept mandatory to conduct Proceedings through CCTV Cameras: Delhi HC refuses to quash Summons–TAXSCAN
Clipped from: https://www.taxscan.in/reasonable-apprehension-of-coercion-by-gst-dept-mandatory-to-conduct-proceedings-through-cctv-cameras-delhi-hc-refuses-to-quash-summons/157718/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CCTV Top Stories By Rasheela Basheer – On March 3, 2022 9:32 am In a significant ruling, the Delhi High Court has refused to quash the summons
Madras HC quashes Prosecution proceedings against Assessee having two PANs where he didn’t use Second PAN for any Transaction–TAXSCAN
Read More: https://www.taxscan.in/madras-hc-quashes-prosecution-proceedings-against-assessee-having-two-pans-where-he-didnt-use-second-pan-for-any-transaction/157815/ Clipped from: https://www.taxscan.in/madras-hc-quashes-prosecution-proceedings-against-assessee-having-two-pans-where-he-didnt-use-second-pan-for-any-transaction/157815/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=PAN Top Stories By Abdullah Karuthedakam – On March 3, 2022 12:43 pm The Madras High Court has quashed the Prosecution proceedings against Assessee having
GST Evasion: CBIC cautions against Sharing Aadhaar, PAN Details without Valid Reasons–TAXSCAN
Read More: https://www.taxscan.in/gst-evasion-cbic-cautions-against-sharing-aadhaar-pan-details-without-valid-reasons/158020/ Clipped from: https://www.taxscan.in/gst-evasion-cbic-cautions-against-sharing-aadhaar-pan-details-without-valid-reasons/158020/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CBIC Top Stories By Taxscan Team – On March 3, 2022 8:53 pm The Central Board of Indirect Taxes and Customs ( CBIC ) has
CBI arrests Chartered Accountant and GST Joint Commissioner in Bribery Case–TAXSCAN
Clipped from: https://www.taxscan.in/cbi-arrests-chartered-accountant-and-gst-joint-commissioner-in-bribery-case/158049/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CBI Top Stories By Abdullah Karuthedakam – On March 4, 2022 8:13 am The Central Bureau of Investigation ( CBI ) Anti-Corruption Branch has arrested a Chartered
HRA Exemption allowable on Rent paid to Spouse: ITAT–TAXSCAN
Clipped from: https://www.taxscan.in/hra-exemption-allowable-on-rent-paid-to-spouse-itat/158014/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=HRA%202 Top Stories By Jwala K.P – On March 3, 2022 6:58 pm The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has held
GST Compliance Default: Calcutta HC directs Dept to restore GST Registration within 7 Days
Clipped from: https://www.taxscan.in/gst-compliance-default-calcutta-hc-directs-dept-to-restore-gst-registration-within-7-days/158069/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GST%20Compliance Top Stories By Rasheela Basheer – On March 4, 2022 10:02 am A two-judge bench of the Calcutta High Court, while allowing a writ petition against the order
Once an Assessment Order is rectified under TNVAT Act, the Right to Appeal against such Order can’t be Denied: Madras HC–Taxscan
Clipped from: https://www.taxscan.in/once-an-assessment-order-is-rectified-under-tnvat-act-the-right-to-appeal-against-such-order-cant-be-denied-madras-hc/158086/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Right%20to%20Appeal Top Stories By Rasheela Basheer – On March 4, 2022 10:51 am The Madras High Court, while allowing a writ petition, held that once an assessment
GST: Input-Output Ratios shall be considered to determine Refund of Unutilized ITC, rules Gujarat HC–TAXSCAN
Clipped from: https://www.taxscan.in/gst-input-output-ratios-shall-be-considered-to-determine-refund-of-unutilized-itc-rules-gujarat-hc/158090/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Input-Output%20Ratios Top Stories By Taxscan Team – On March 4, 2022 11:29 am A two-judge bench of the Gujarat High Court consisting Justice J.B.Pardiwala and Justice Nisha M.Thakore has
Delhi High Court directs CPC to process Income Tax Refund Claim–TAXSCAN
Clipped from: https://www.taxscan.in/relief-to-lg-delhi-high-court-directs-cpc-to-process-income-tax-refund-claim/158138/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=LG Top Stories By Taxscan Team – On March 4, 2022 1:05 pm The Delhi High Court, in a major relief to LG, has directed the Central
GST Dept cannot ignore effects of Technical Glitches in GSTN: Gujarat HC allows Manual filing of GSTR-6–TAXSCAN
Clipped from: https://www.taxscan.in/gst-dept-cannot-ignore-effects-of-technical-glitches-in-gstn-gujarat-hc-allows-manual-filing-of-gstr-6/158153/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GSTR-6 Top Stories By Jwala K.P – On March 4, 2022 1:48 pm The Gujarat High Court held that the department cannot raise their hands in despair
Rajasthan’s pension outgo has risen faster than other states, UTs: RBI data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rajasthan-s-pension-outgo-has-risen-faster-than-other-states-uts-rbi-data-122030301195_1.html Revised estimate on Rajasthan govt’s fiscal deficit is seen to have worsened to 6.12% of GSDP in 2020-21, according to a note from
FinMin to monitor revenue, expenditure on daily basis from March 15 | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/finmin-to-monitor-revenue-expenditure-on-daily-basis-from-mar-15-to-keep-fiscal-deficit-in-check-122030300851_1.html Keen to keep government deficit within stated targets, the finance ministry will from March 15 start daily monitoring of the revenue receipts, including
India’s February sunflower oil imports fall as war disrupts shipments | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-february-sunflower-oil-imports-fall-as-war-disrupts-shipments-122030400052_1.html Ukraine and Russia account for more than 90% of India’s imports of sunflower oil Photo: Wikipedia India’s sunflower oil imports plunged 54% in February from
Attitudes to women’s work reason for dismal labour participation rate | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/attitudes-to-women-s-work-reason-for-dismal-labour-participation-rate-122030301457_1.html Large majorities among those with a college degree (80%) and those with less education (88%) agree with the notion that wives must always