Clipped from: https://www.taxscan.in/change-in-gst-registration-rules-notified-by-cbic-mobile-number-and-email-to-be-verified-by-otps/239181/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Change%20in%20GST%20Registration%20Rules By Manu Sharma A S – On December 27, 2022 5:42 pm The Central Board of Indirect Taxes and Customs (CBIC) has notified the amendments to the Central Goods and Services
Day: December 28, 2022
Depreciation can be allowed on Factual aspects under CBDT Instruction, even If the Value is not Recorded in Books of Account: ITAT
Clipped from: https://www.taxscan.in/depreciation-can-be-allowed-on-factual-aspects-under-cbdt-instruction-even-if-the-value-is-not-recorded-in-books-of-account-itat/239080/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Depreciation%20can%20be%20allowed%20on%20Factual%20aspects%20under%20CBDT%20Instruction,%20even%20If%20the%20Value%20is%20not%20Recorded%20in%20Books%20of%20Account:%20ITAT By Yogitha S. Yogesh – On December 27, 2022 7:02 pm The Amritsar bench of the Income Tax Appellate Tribunal ( ITAT ) has held that depreciation can be allowed
Sustainable external debt | The Financial Express*
Clipped from: https://www.financialexpress.com/opinion/sustainable-external-debt/2928507/ The country’s short-term debt, as a percentage of its total reserves, stands at 17.5%—as compared to 36.8% for China and 50.5% for South
How to book Uber via WhatsApp? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/how-to/how-to-book-uber-via-whatsapp/article66310693.ece At present, the feature is available only for Delhi-NCR and Lucknow An Uber logo is shown on a vehicle. | Photo Credit: Reuters
Banks’ NPA management needs to be more holistic – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/banks-npa-management-needs-to-be-more-holistic/article66310784.ece It is vital to nip NPA accretion in the bud NPA management needs to be more holistic More granular data on the banks’
IBC: Resolution value may be compared with liquidation value of stressed assets, says RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/ibc-resolution-value-may-be-compared-with-liquidation-value-of-stressed-assets-says-rbi/article66311267.ece Comparison of realised value with admitted claims may not be reasonable indicator of effectiveness of the resolution process, says RBI report Declining rates
World shares advance after China relaxes more Covid-19 restrictions | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/world-shares-gain-after-china-relaxes-more-covid-rules-122122700665_1.html World shares advanced after China announced it would relax more of its pandemic restrictions despite widespread outbreaks of Covid-19 that are straining its
Input cost pressure | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/input-cost-pressure-122122701069_1.html Cattle feed shortage is pushing up milk prices The dairy sector, which has maintained steady high growth ever since the advent of the
No free lunches | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/leading-the-global-digital-economy-122122701108_1.html With its abundance of talent, wealth, and innovative capabilities, India’s digital ecosystem is a vital global asset that could be harnessed to solve
Leading the global digital economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/leading-the-global-digital-economy-122122701108_1.html With its abundance of talent, wealth, and innovative capabilities, India’s digital ecosystem is a vital global asset that could be harnessed to solve
Only 8.2% of 463 million Jan Dhan accounts are zero balance: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/only-8-2-of-463-million-jan-dhan-accounts-are-zero-balance-rbi-report-122122700900_1.html Pradhan Mantri Jan Dhan Yojana accounts in the country have seen an increase in the deposit base during the past eight years, and only 8.2
GST officers to seek details of all invoices in case of ITC mismatch | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-officers-to-seek-details-of-all-invoices-in-case-of-itc-mismatch-122122700999_1.html The CBIC issued circular clarifying guidelines on recovery proceedings for the period 2017-18 and 2018-19 GST officers will have to seek details of
Realisation through IBC 201% of liquidation value as of Sept: RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/realisation-through-ibc-close-to-201-of-liquidation-value-as-of-sept-rbi-122122700833_1.html SARFAESI and Debt Recovery Tribunals have yielded recovery rates comparable to the IBC mechanism, says Trend and Progress Report In cases where corporate
Guidelines to ensure TDS disclosure by gaming firms expected in Budget | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/govt-may-tighten-tds-disclosure-for-gaming-firms-rules-expected-in-budget-122122700881_1.html The move is aimed at improving reporting and transparency in these sectors The revenue department is preparing detailed guidelines on the taxability of