https://www.business-standard.com/opinion/columns/who-can-dethrone-the-us-dollar-123070900758_1.html Clipped from: https://www.business-standard.com/opinion/columns/who-can-dethrone-the-us-dollar-123070900758_1.html There is little conflict between dollar domination and Indian success Dethrone the US dollar The United States (US) was at the upper
Day: July 10, 2023
Udyam and CGTMSE collaborate to exchange MSME data | The Financial Express
https://www.financialexpress.com/industry/sme/msme-eodb-udyam-and-cgtmse-collaborate-to-exchange-msme-data/3163451/ Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-udyam-and-cgtmse-collaborate-to-exchange-msme-data/3163451/ Ease of Doing Business for MSMEs: Both platforms will share the data with each other using API (Application Programming Interface) integration, which
Income Tax Refund processing: Wrong deductions and exemptions in ITR can land you in big trouble | The Financial Express
https://www.financialexpress.com/money/income-tax/income-tax-refund-processing-wrong-deductions-and-exemptions-in-itr-can-land-you-in-big-trouble/3162513/ Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-refund-processing-wrong-deductions-and-exemptions-in-itr-can-land-you-in-big-trouble/3162513/ Misreporting of income and claiming wrongful deductions while filing the Income Tax Return (ITR) for AY 2023-24 can lead to serious consequences
New GST rules on anvil; biz may have to explain discrepancy in ITC claims – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/new-gst-rules-on-anvil-biz-may-have-to-explain-discrepancy-in-itc-claims/article67060015.ece Clipped from: https://www.thehindubusinessline.com/economy/new-gst-rules-on-anvil-biz-may-have-to-explain-discrepancy-in-itc-claims/article67060015.ece GST Council is likely to take a final call on the recommendation of the Law Committee in its 50th meeting on July
E-way bill generation declines in June, may impact GST collection in July – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/e-way-bill-generation-declines-in-june-may-impact-gst-collection-in-july/article67060067.ece Clipped from: https://www.thehindubusinessline.com/economy/e-way-bill-generation-declines-in-june-may-impact-gst-collection-in-july/article67060067.ece E-way bills are electronic documents generated for the movement of goods and payment of taxes. E-way bill generation came down to 8.60
Income Tax Department targets 50 cases per AO for survey and TDS verification – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/policy/income-tax-department-targets-50-cases-per-ao-for-survey-and-tds-verification/article67060123.ece Clipped from: https://www.thehindubusinessline.com/economy/policy/income-tax-department-targets-50-cases-per-ao-for-survey-and-tds-verification/article67060123.ece To achieve this target, the department has set 16 parameters, including negative trends in TDS payment, cases of sick units, and late
CAD fall looks good, but can’t be end in itself – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/cad-fall-looks-good-but-cant-be-end-in-itself/article67060594.ece lipped from: https://www.thehindubusinessline.com/opinion/editorial/cad-fall-looks-good-but-cant-be-end-in-itself/article67060594.ece The changing nature of services exports suggests that the buoyancy is expected to stay The Finance Ministry’s annual review of the economy
GST mechanism for online gaming, casinos & horse racing to dominate the proceedings – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/gst-mechanism-for-online-gaming-casinos-horse-racing-to-dominate-the-proceedings/article67062932.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-mechanism-for-online-gaming-casinos-horse-racing-to-dominate-the-proceedings/article67062932.ece The 50th GST Council meeting will also discuss the taxability of MUV and TCS liability in e-commerce trading The GST Council, in
Penalty u/s 272A(1)(d) Income Tax Act shall not levied if Reasonable Cause for Non-Compliance of Statutory Notices: ITAT
Clipped from: https://www.taxscan.in/penalty-u-s-272a1d-income-tax-act-shall-not-levied-if-reasonable-cause-for-non-compliance-of-statutory-notices-itat-read-order/297459/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Penalty%20u/s%20272A(1)(d)%20Income%20Tax%20Act%20shall%20not%20levied%20if%20Reasonable%20Cause%20for%20Non-Compliance%20of%20Statutory%20Notices:%20ITAT By Aparna. M – On July 9, 2023 5:30 pm – 2 mins read The Income Tax Appellate Tribunal (ITAT) Delhi Bench ruled that penalty under Section 272(1)(d) of Income Tax Act,
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