Credit cards-in-force to fall 8-9% as issuers close inactive cards on RBI norm: https://www.thehindubusinessline.com/money-and-banking/credit-cards-in-force-to-fall-8-9-as-issuers-close-inactive-cards-on-rbi-norm/article65976317.ece
Day: October 7, 2022
CBIC waives Interest on delayed payment of taxes via Sabka Vishwas Scheme
CBIC waives Interest on delayed payment of taxes via Sabka Vishwas Scheme: https://www.thehindubusinessline.com/economy/interest-on-delayed-payment-of-tax-dues-can-be-waived-off-under-sabka-vishwas-legacy-dispute-resolution-scheme-cbic/article65980564.ece
Current account deficit: Making sense of India’s burgeoning import bill
Current account deficit: Making sense of India’s burgeoning import bill https://economictimes.indiatimes.com/opinion/et-commentary/current-account-deficit-making-sense-of-indias-burgeoning-import-bill/articleshow/94667971.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
View: How retail participation has changed the DNA of Indian markets
View: How retail participation has changed the DNA of Indian markets https://economictimes.indiatimes.com/opinion/et-commentary/view-how-retail-participation-has-changed-the-dna-of-indian-markets/articleshow/94689736.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Govt notifies credit guarantee scheme for startups
Govt notifies credit guarantee scheme for startups https://economictimes.indiatimes.com/news/economy/policy/govt-notifies-credit-guarantee-scheme-for-startups/articleshow/94698154.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Stocks slump on fears about rates, recession after jobs data; Dow drops 500 points
Stocks slump on fears about rates, recession after jobs data; Dow drops 500 points https://economictimes.indiatimes.com/markets/stocks/news/us-stocks-sink-as-jobs-data-boosts-rate-hike-bets/articleshow/94709403.cms Download Economic Times App to stay updated with Business News
Down but not out! Why this year’s worst-performing sector is still a good buy-on-dip play
Down but not out! Why this year’s worst-performing sector is still a good buy-on-dip play https://economictimes.indiatimes.com/markets/stocks/news/down-but-not-out-why-this-years-worst-performing-sector-is-still-a-good-buy-on-dip-play/articleshow/94699709.cms Download Economic Times App to stay updated with Business
How will RBI’s Central Bank Digital Currency (CBDC) work, how is it different from digital money?
How will RBI’s Central Bank Digital Currency (CBDC) work, how is it different from digital money? https://economictimes.indiatimes.com/wealth/save/how-rbis-central-bank-digital-currency-digital-rupee-will-work-how-e-rupee-is-different-from-digital-money/articleshow/94705498.cms Download Economic Times App to stay updated with
India looks at Taiwan for semiconductor chips biz to block China’s entry in its strategic tech sector
India looks at Taiwan for semiconductor chips biz to block China’s entry in its strategic tech sector https://economictimes.indiatimes.com/prime/economy-and-policy/india-looks-up-to-taiwan-for-chips-biz-to-block-chinas-backdoor-entry-in-its-strategic-tech-sector/primearticleshow/94689855.cms Download Economic Times App to stay updated
Why the health of India’s $50-billion pharma industry depends on China
Why the health of India’s $50-billion pharma industry depends on China https://economictimes.indiatimes.com/small-biz/trade/exports/insights/why-the-health-of-indias-50-billion-pharma-industry-depends-on-china/articleshow/94694846.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Canada lifts work hour limits for international students to help labour shortage
Canada lifts work hour limits for international students to help labour shortage https://economictimes.indiatimes.com/nri/work/canada-lifts-work-hour-limits-for-international-students-to-help-labour-shortage/articleshow/94711147.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Another month of solid US hiring suggests more big Fed hikes
Another month of solid US hiring suggests more big Fed hikes https://economictimes.indiatimes.com/news/international/business/another-month-of-solid-us-hiring-suggests-more-big-fed-hikes/articleshow/94711171.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Section 148 Notices sent as an attachment through emails, from the designated e-mail addresses of the JAOs, which do not bear the respective JAO’s Digital Signature Certificate (DSC) are valid.TAXSCAN
Clipped from: https://www.taxscan.in/dsc-not-mandatory-for-service-of-notice-u-s-148-delhi-high-court/208422/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=DSC By Manu Sharma A S – On October 2, 2022 10:44 am A division bench of Delhi High Court comprising Justice Manmohan and Justice Manmeet Pritam Singh Arora
Interest Paid on Delayed TDS Payment is allowable as Deduction: ITAT
Clipped from: https://www.taxscan.in/interest-paid-on-delayed-tds-payment-is-allowable-as-deduction-itat/209546/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Interest%20Paid By Yogitha S. Yogesh – On October 4, 2022 12:38 pm The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) held that the interest paid on delayed
Right to get Adequate Time to Reply to Show Cause Notice allowed u/s 148A(b): Delhi HC
Clipped from: https://www.taxscan.in/right-to-get-adequate-time-to-reply-to-show-cause-notice-allowed-u-s-148ab-delhi-hc/210335/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=SCN By Taxscan Team – On October 7, 2022 9:00 am A division bench of the Delhi High Court has held that the assessee has the right
Information regarding GST Invoices of Third Parties cannot be Disclosed under RTI: CIC
Clipped from: https://www.taxscan.in/information-regarding-gst-invoices-of-third-parties-cannot-be-disclosed-under-rti-cic/210355/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=RTI By Rasheela Basheer – On October 7, 2022 6:30 am The Central Information Commission (CIC) has held that the information regarding the GST invoics belongs to
GST and Excise Duty leviable on Tobacco and Tobacco-derived Products: Karnataka High Court
Clipped from: https://www.taxscan.in/gst-and-excise-duty-leviable-on-tobacco-and-tobacco-derived-products-karnataka-high-court/210024/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GST%20and%20Excise%20Duty By Rasheela Basheer – On October 7, 2022 11:10 am In a significant ruling, the Karnataka high court has ruled that the Union government is entitled
Reopening notice can be issued under section 147 in relation to search and seizure.
Clipped from: https://www.taxscan.in/reopening-notice-can-be-issued-u-s-147-in-relation-to-search-and-seizure-itat/210168/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Re-opening%20Notice By Gayathri C.H – On October 7, 2022 10:44 am The Income Tax Appellate Tribunal “A” Bench, Mumbai, has while deciding upon two cross appeals filed by the assessee
Penalty u/s 271(1)(c) not leviable on Bonafide Mistake: ITAT–TAXSCAN
Clipped from: https://www.taxscan.in/penalty-u-s-2711c-not-leviable-on-bonafide-mistake-itat/210284/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Penalty%20u/s%20271(1)(c) By Yogitha S. Yogesh – On October 7, 2022 11:07 am The Delhi Bench of the Income Tax Appellate Tribunal (ITAT)held that penalty under section 271(1)(c) is not leviable on
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