Clipped from: https://www.thehindubusinessline.com/economy/to-stay-put-on-fiscal-deficit-glide-path-govt-must-moderate-capex-momentum-crisil-report/article66532095.ece A mix of revenue-enhancing measures and rationalisation of revenue expenditure is needed to reduce the capex sacrifice The 5.9 per cent fiscal deficit target set for
Month: February 2023
Short-term fiscal benefits will be offset by huge liability in future, says Finance Secretary Somnathan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/short-term-fiscal-benefits-will-be-offset-by-huge-liability-in-future-says-finance-secretary-somnathan/article66532189.ece ‘It’s just not possible legally for the GoI and PFRDA to give the money back to the State’ (File photo) Members of Karnataka
ChatGPT-like chatbots for enterprises – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/coming-soon-chatgpt-like-chatbots-for-enterprises/article66532666.ece Conversational AI platforms like Gupshup and Yellow.ai are building such chatbots for use by companies A response by ChatGPT, an AI chatbot developed
Listen–How does it impact you if petrol is -taxed under GST? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/audio/how-does-it-impact-you-if-petrol-is-taxed-under-gst/article66532850.ece In this podcast, Richa Mishra explains the impact of taxing petrol and diesel under GST. Finance Minister Nirmala Sitharaman recently, said that petroleum
👍👍👍Budget’s nudge to HNIs: Change investments, adopt new tax regime – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/budgets-nudge-to-hnis-change-investments-adopt-new-tax-regime/article66466755.ece One welcome announcement is reduction in peak surcharge if they opt for new tax regime For the rich or the high net worth
👍👍👍Smarter tax options for self-employed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/smarter-tax-options-for-self-employed/article66466482.ece There are many advantages to their moving to the new tax regime, from the old Union Budget 2023 offers new triggers for the
Leave States to fix their own fisc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/leave-states-to-fix-their-own-fisc/article66529144.ece Guidelines for use of interest-free loans to States not clear, raising concerns over accountability The Centre fixing the target for State government borrowings is
👍👍👍*How health check-up, insurance premium can help you in saving tax | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/how-health-check-up-insurance-premium-can-help-you-in-saving-tax-123021701092_1.html Preventive check-up is one available to save tax based on medical-related issues The tax-filing season has arrived. While most taxpayers are aware of
👍Global majors finally return to Tiruppur after a long dry spell | Business Standard News
lipped from: https://www.business-standard.com/article/companies/tiruppur-exports-back-in-positive-terrain-global-majors-start-lifting-123021900340_1.html Weave revival story as knitwear exports rise 11.6% in rupee terms Following a gap of several months, global brands like Walmart have started lifting orders
👍👍Honeymoon with record profits may end in March | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/banker-s-trust-bank-s-honeymoon-with-record-profits-may-end-in-march-123021900448_1.html From the June quarter, the drop in net interest margin will separate the men from the boys Posting record profits has become a
👍👍👍Hospital held liable for acting without consent | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/hospital-held-liable-for-acting-without-consent-123021900819_1.html Dilip filed a complaint before the Delhi State Commission, alleging that the RFA procedure was carried out without his knowledge or consent, and
Next phase for GST | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/next-phase-for-gst-123021900891_1.html Appellate tribunal will improve business environment The Goods and Services Tax (GST) Council in its 49th meeting took an important step towards establishing
Russia-Ukraine war brings about structural changes in global trade | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/russia-ukraine-war-brings-about-structural-changes-in-global-trade-123021900941_1.html Even the western countries will find it difficult to absorb the costs of helping Ukraine fight Russia and rebuild its civilian infrastructure and
👍👍👍Income Tax – Cannot deduct stamp duty for computing capital gains | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-cannot-deduct-stamp-duty-for-computing-capital-gains/2948726/ Your queries: Income Tax – Cannot deduct stamp duty for computing capital gains There are no provisions for concession in stamp duty payable
👍👍👍Know how to avail of presumptive tax scheme | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-know-how-to-avail-of-presumptive-tax-scheme/2983889/ In Budget 2023, the finance minister extended the option of presumptive taxation scheme to those professionals with gross receipts of less than `75
👍👍👍Retailers, wholesalers top MSME registrations on Udyam portal: Govt data | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-retailers-wholesalers-top-msme-registrations-on-udyam-portal-govt-data/2985923/ Ease of doing business for MSMEs: Retail and wholesale trades were added to the MSME definition for priority sector lending benefits from banks.
👍👍👍Much-needed easing | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/much-needed-easing/2986147/ New organ donation guidelines will help, but to see a meaningful difference, India needs many more donors Scrapping the domicile rule should improve
👍👍GST Tribunal: Principal bench to decide on inter-state supply | The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-tribunal-principal-bench-to-decide-on-inter-state-supply/2986075/ No threshold has been set for hearing of matters but it is likely to be done based on internal limits, as in the
🙏🙏🙏🙏🙏 SEBI should make AMCs more accountable – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-should-make-amcs-more-accountable/article66517286.ece SEBI paper reviews the role of trustees to curb lapses SEBI should make AMCs more accountable instead of increasing obligations of MF trustees
Addition of Deemed Rent cannot be made in respect of a Non-Habitable Residential Flat: ITAT
Clipped from: https://www.taxscan.in/addition-of-deemed-rent-cannot-be-made-in-respect-of-a-non-habitable-residential-flat-itat-read-order/254874/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Addition%20of%20Deemed%20Rent%20cannot%20be%20made%20in%20respect%20of%20a%20Non-Habitable%20Residential%20Flat:%20ITAT The Income Tax Appellate Tribunal ( ITAT ), Kolkata Bench, has recently, in an appeal filed before it, held that addition of deemed rent cannot be