Clipped from: https://www.business-standard.com/finance/news/credit-card-spends-touch-all-time-high-of-rs-1-37-trln-in-march-123041400814_1.html For FY23, spending topped Rs 14 trillion, up 47.27% from Rs 9.71 trillion in FY22 Listen to This Article Credit card spends touched
Month: April 2023
👍👍👍👍👍👍👍Heirs must know what you own to claim wealth: HNIs should opt for trusts
lipped from: https://www.business-standard.com/finance/news/heirs-must-know-what-you-own-to-claim-wealth-hnis-should-opt-for-trusts-123041401057_1.html Appoint nominees and write a Will to make the transfer hassle-free Listen to This Article The Reserve Bank of India recently announced that
👍👍👍👍👍Convenient and economical: Why car leasing is catching up in India
Clipped from: https://www.business-standard.com/finance/personal-finance/convenient-and-economical-why-car-leasing-is-catching-up-in-india-123041401129_1.html Automobile manufacturers report a growing interest in non-ownership options for vehicles You can drive your favourite car without owning it: leasing will make
👍👍👍👍👍Rules of the game
Clipped from: https://www.business-standard.com/opinion/editorial/rules-of-the-game-123041201087_1.html Online gaming regulations need clarity Listen to This Article The newly notified online gaming rules and regulations appear to be headed in the
👍👍👍👍👍Why climate change makes GDP unsuitable for measuring economic churn
Clipped from: https://www.business-standard.com/opinion/columns/why-climate-change-makes-gdp-unsuitable-for-measuring-economic-churn-123041400852_1.html GDP does not capture issues like welfare, inequality and human development. Nor does GDP capture the damage to the environment caused by economic
MSME lending will be our focus this year: Godrej Capital CEO Manish Shah
lipped from: https://www.business-standard.com/companies/news/focus-of-this-year-will-be-msme-lending-godrej-capital-ceo-manish-shah-123041100831_1.html So most of our focus is where the homebuyers are. So, we work with about 200 projects in the country across all of
5 of India’s top 10 destinations for exports witness contraction in March
lipped from: https://www.business-standard.com/economy/news/five-of-india-s-top-10-export-destinations-witness-contraction-in-march-123041400772_1.html Among top 10 import origins, only two – Russia and South Korea – see growth Photo: Bloomberg Listen to This Article A slowdown
Amazon, Google CEOs hint at more layoffs amid meltdown to evaluate business
Clipped from: https://www.business-standard.com/companies/news/amazon-google-ceos-hint-at-more-layoffs-amid-economic-meltdown-123041500445_1.html As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate business
HDFC Bank Q4 net profit up 19.8% to Rs 12,047 cr on healthy loan growth
Clipped from: https://www.business-standard.com/companies/results/hdfc-bank-q4-net-profit-up-19-8-to-rs-12-047-cr-on-healthy-loan-growth-123041500494_1.html Listen to This Article HDFC Bank, the largest private sector lender in the country, reported a 19.8 per cent on year increase in
Mukesh Ambani builds on record cricket views with film, TV offerings
Clipped from: https://www.business-standard.com/companies/news/mukesh-ambani-builds-on-record-cricket-views-with-film-tv-offerings-123041500103_1.html The potential viewership in India, home to 1.4 billion people and with a growing middle class and expanding internet access, is immense. JioCinema
👍👍👍👍👍Proceedings initiated & orders passed in the name of dead person is invalid
lipped from: https://taxguru.in/income-tax/proceedings-initiated-orders-passed-name-dead-person-invalid.html Parmanand Jamnadas Kapadia (Legal Heir Mr. Harit P. Kapadia) Vs ITO (ITAT Mumbai) Admittedly notice under section 148 has been issued and also
👍👍👍👍👍👍👍Why to Register A One Person Company (OPC) Private Limited Company
Clipped from: https://taxguru.in/company-law/register-person-company-opc-private-limited-company.html ONE PERSON COMPANY [Sec 2(62)]: The creation of a One Person Company (OPC) was recently instigated as a significant improvement over sole proprietorship.
👍Mounting Backlog of Cheque Bounce Cases: A Growing Concern
lipped from: https://taxguru.in/corporate-law/mounting-backlog-cheque-bounce-cases-growing-concern.html The number of pending cases related to Section 138 of the Negotiable Instruments Act is significant, with 3.3 million cases currently awaiting resolution
👍Restaurant Service Charge: Delhi HC stays guidelines that prohibited restaurants from levying service charges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/delhi-hc-stays-guidelines-that-prohibited-restaurants-and-hotels-from-levying-service-charges-on-food-bills/articleshow/92998278.cms Synopsis The CCPA guidelines issued on July 4 stated that no hotel or restaurant shall add service charge automatically or by default in
👍👍👍👍👍👍👍Bye Laws
MCS Bare Act and Rules (1)_220721_123100
👍👍👍👍👍सहकारी संस्थांचा निधी गुंतविताना – सहकारी संस्थांचा निधी गुंतविताना – Maharashtra Times
Clipped from: https://maharashtratimes.com/-/articleshow/6876748.cms सहकारी संस्थांचा निधी गुंतविताना काय काळजी घ्यावी याबाबतचे मार्गदर्शन. निधींचा विनियोग उपविधी क्रमांक १४- संस्थेस निधीतील रकमांचा विनियोग खाली नमूद केलेल्या पद्धतीने करता
👍👍👍Denial of exemption u/s 80P of Income Tax Act just because of belated filing of return not justifiable
Clipped from: https://taxguru.in/income-tax/denial-exemption-u-s-80p-income-tax-act-because-belated-filing-return-justifiable.html Ambaradi Seva Sahkari Mandali Ltd. Vs DCIT (CPC) (ITAT Rajkot) ITAT Rajkot held that denying the exemption under Section 80P of the Income
👍👍👍Orders passed without affording adequate personal hearing are quashed for fresh consideration
Clipped from: https://taxguru.in/goods-and-service-tax/orders-passed-affording-adequate-personal-hearing-quashed-fresh-consideration.html Murugan Electrical Stores Vs Assistant Commissioner (ST) (FAC) (Madras High Court) Madras High Court held that as the personal hearing has not been
👍👍👍GST: Granting of personal hearing mandatory where an adverse decision is taken by AO
Clipped from: https://taxguru.in/goods-and-service-tax/granting-personal-hearing-per-section-754-mandatory-adverse-decision-taken-by-ao.html Gayathri Agencies Vs State Tax Officer (Madras High Court) Madras High Court held that as per provisions of section 75(4) of the GST
👍👍👍👍👍Provisions for rent is governed by Section 194I & CAM charges by Section 194C
Clipped from: https://taxguru.in/income-tax/provisions-rent-governed-section-194-i-cam-charges-section-194c.html PVR Ltd. Vs ACIT (ITAT Delhi) ITAT Delhi held that determination of the rent or CAM are separate and the CAM arrangements are
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