Clipped from: https://www.thehindubusinessline.com/opinion/unhealthy-tax/article65632411.ece The GST on hospital rooms needs to be reviewed In the recently concluded 47th GST Council meeting, among the other decisions taken, a
Day: July 13, 2022
*How Putin is protecting the Euro – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-putin-is-protecting-the-euro/article65632467.ece Russian leader’s invasion of Ukraine has seen a closing of ranks across Europe, and there’s not a whisper of the Euro falling apart
*****No contract, paid leaves, social security: Life of salaried workers in India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/visually/no-contract-paid-leaves-social-security-life-of-salaried-workers-in-india/article65632526.ece Almost a fourth of India’s employed people have salaried jobs. However, the number of people who actually reap benefits out of the jobs
*****Trading gains | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/trading-gains-122071201487_1.html Rupee settlement will increase flexibility The Reserve Bank of India (RBI) has done well to allow international trade settlement in Indian rupees. This will give
*Want a lower motor insurance premium? Watch how (often) you drive | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/want-a-lower-motor-insurance-premium-watch-how-often-you-drive-122071101210_1.html Floater policies will be cost-effective, provide convenience of renewal at one go for multiple vehicles While it is too early to predict the
*CBIC to issue SOP for GST summons to stop harassment of businesses | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cbic-to-issue-sop-for-gst-summons-notices-to-stop-harassment-of-businesses-122071100271_1.html The new SOP will make officials more accountable and will also make the entire process transparent Central Board of Indirect Taxes and Customs
Data Drive: Credit support to MSMEs | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/data-drive-credit-support-to-msmes/2589317/ Loans amounting to Rs 3.32 trillion were sanctioned under the scheme, and till April 30, 2022, Rs 2.54 trillion had been disbursed. Private
*****How to deal with capital gains from equity mutual funds? | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-how-to-deal-with-capital-gains-from-equity-mutual-funds/2592000/ Things have become difficult for the investors investing in equities after reintroduction of tax on long-term capital gain (LTCG) from equities. Apart from
*****Income Tax Return filing salaried employees AY 2022-23: Section 80C deductions on which benefits apply | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-filing-salaried-employees-ay-2022-23-section-80c-deductions-on-which-benefits-apply/2591639/ The Income Tax Return (ITR) deadline for AY 2022-23 or FY 2021-22 is July 31 for salaried employees whose accounts don’t need to
From magnetic stripe to chip to tokenisation: How will RBI’s new measure make cards safer? | The Financial Express
Clipped from: https://www.financialexpress.com/money/from-magnetic-stripe-to-chip-to-tokenisation-how-will-rbis-new-measure-make-cards-safer/2591843/ To make the cards secure and safeguard the card users, RBI has taken several steps over the years with the advancement in technologies
*****Tax Talk | Cash withdrawals: File ITR 2 or 3 to claim TDS | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-cash-withdrawals-file-itr-2-or-3-to-claim-tds/2591831/ An assessee cannot claim credit for TDS on large cash withdrawals under Section 194N in Form ITR 1 even if his taxable income
Retail Inflation June 2022: Inflation not tamed yet, retail prices likely to stay elevated as oil prices remain sticky | The Financial Express
lipped from: https://www.financialexpress.com/economy/inflation-not-tamed-yet-retail-prices-likely-to-stay-elevated-as-oil-prices-remain-sticky/2590913/?ref=Must_Read June Retail Inflation 2022, Retail Inflation in India Latest News: The inflationary pressures are expected to remain elevated over the near to medium
*****SC says taxpayer needs to satisfy twin conditions to claim set-off losses | The Financial Express
clipped from: https://www.financialexpress.com/money/income-tax/sc-says-taxpayer-needs-to-satisfy-twin-conditions-to-claim-set-off-losses/2592075/ A Bench led by Justice MB Shah held that the HC had committed a grave error and its view “is erroneous and contrary
*rupee dollar: RBI meets bank executives to get market pulse – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-meets-bank-executives-to-get-market-pulse/articleshow/92835435.cms Synopsis This comes amid a falling rupee, which has triggered a slew of regulatory actions aimed at bringing back overseas inflows and cutting
Public spending to make private less ltd – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/public-spending-to-make-private-less-ltd/articleshow/92835932.cms Synopsis The ratio of gross fixed capital formation (GFCF)-to-GDP in current prices stood at 28.6% in 2021-22 against 26.6% in 2022-23. The government’s
*****From Russia (for crude), with rupees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/from-russia-for-crude-with-rupees/articleshow/92836038.cms Synopsis Ensuring Russian oil supply is critical for the rupee-dollar exchange rate that determines the bill for Indian energy imports from traditional suppliers.
*It Stocks today: IT stocks slide after TCS Q1 miss; some feel any further fall could trigger buying – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/it-stocks-slide-after-tcs-q1-miss-some-feel-any-further-fall-could-trigger-buying/articleshow/92814660.cms Synopsis The weaker-than-expected TCS earnings added to existing concerns over a potential US recession that is feared to hurt deal pipeline for IT
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