https://www.financialexpress.com/money/maximising-rewards-how-to-prevent-expiry-of-credit-card-reward-points/3172967/ Clipped from: https://www.financialexpress.com/money/maximising-rewards-how-to-prevent-expiry-of-credit-card-reward-points/3172967/ Let’s learn some valuable insights about how to avoid the expiration of credit card reward points, ensuring you make the most of
Day: July 17, 2023
Dollar’s worst drop since November and what it means for global economies and financial markets | The Financial Express
https://www.financialexpress.com/business/investing-abroad-dollars-worst-drop-since-november-and-what-it-means-for-global-economies-and-financial-markets-3174812/ Clipped from: https://www.financialexpress.com/business/investing-abroad-dollars-worst-drop-since-november-and-what-it-means-for-global-economies-and-financial-markets-3174812/ The US currency is teetering at the lowest level in more than a year. X It just may have been the week
India’s real GDP needs to grow at 7.6% over next 25 years for it to become a developed country: RBI bulletin – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/indias-real-gdp-needs-to-grow-at-76-over-next-25-years-for-it-to-become-a-developed-country-rbi-bulletin/article67090911.ece Clipped from: https://www.thehindubusinessline.com/economy/indias-real-gdp-needs-to-grow-at-76-over-next-25-years-for-it-to-become-a-developed-country-rbi-bulletin/article67090911.ece To become a developed country by 2047, India’s per capita GDP needs to rise by 8.8 times from the current level of
Bank branches are irreplaceable – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/bank-branches-are-irreplaceable/article67091055.ece Clipped from: https://www.thehindubusinessline.com/opinion/bank-branches-are-irreplaceable/article67091055.ece Branch visits are required for specialised products, big-ticket/jewel loans, resolving complaints, et al On July 19, 1969, the then government, headed by
👍👍👍👍👍Reopening untenable in absence of tangible material concluding that income has escaped assessment
https://taxguru.in/income-tax/reopening-untenable-absence-tangible-material-concluding-income-escaped-assessment.html Clipped from: https://taxguru.in/income-tax/reopening-untenable-absence-tangible-material-concluding-income-escaped-assessment.html Maharashtra State Power Generation Company Limited Vs ACIT (Bombay High Court) Bombay High Court held that reopening of assessment, in the exercise
👍👍👍👍👍👍👍Measures for GST streamlining compliances: 50th GST Council Meeting
https://taxguru.in/goods-and-service-tax/measures-gst-streamlining-compliances-50th-gst-council-meeting.html Clipped from: https://taxguru.in/goods-and-service-tax/measures-gst-streamlining-compliances-50th-gst-council-meeting.html Measures for streamlining compliances in GST GST Council meetings hit the half-century on 11 July 2023. Various recommendations were made in the 50th GST
👍👍👍👍👍👍👍GST Refund on Export based on FOB value: A Partial Settlement!
https://taxguru.in/goods-and-service-tax/gst-refund-export-based-fob-partial-settlement.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-refund-export-based-fob-partial-settlement.html The 50th Meeting of the GST Council was held on 11th July, 2023 in New Delhi, under the chairpersonship of the Union Finance & Corporate Affairs
Once income is shown the assessee has every right to get credit of TDS
https://taxguru.in/income-tax/income-shown-assessee-credit-tds.html Clipped from: https://taxguru.in/income-tax/income-shown-assessee-credit-tds.html BAE Systems Information & Electronic Systems Integration Inc Vs ADIT (ITAT Delhi) ITAT Delhi held that if the assessee has shown the
Initiation of demand of tax u/s 74 not mandatorily require scrutiny of GST return
https://taxguru.in/goods-and-service-tax/initiation-demand-tax-u-s-74-mandatorily-based-scrutiny-return.html Clipped from: https://taxguru.in/goods-and-service-tax/initiation-demand-tax-u-s-74-mandatorily-based-scrutiny-return.html Devi Traders Vs State of Andhra Pradesh (Andhra Pradesh High Court) Andhra Pradesh High Court held that initiation of demand of tax
👍👍👍👍👍👍👍GST on services exported but consideration not received
https://taxguru.in/goods-and-service-tax/gst-services-exported-consideration-received.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-services-exported-consideration-received.html From time to time, the Indian government comes up with numerous schemes and incentives for exporters in order to enhance the market
👍👍👍👍👍👍👍Section 194N TDS on Cash Withdrawal: Applicability, TDS Rate & Provisions
https://taxguru.in/income-tax/section-194n-tds-cash-withdrawal-applicability-tds-rate-provisions.html Clipped from: https://taxguru.in/income-tax/section-194n-tds-cash-withdrawal-applicability-tds-rate-provisions.html Section 194N is a provision in the Income Tax Act that deals with the deduction of tax from cash withdrawals. It was
No Discharge of Onus to Substantiate Claim of Deduction under Income from Other Sources with Required Documents Evidence: ITAT Restores Matter to AO
Clipped from: https://www.taxscan.in/no-discharge-of-onus-to-substantiate-claim-of-deduction-under-income-from-other-sources-with-required-documents-evidence-itat-restores-matter-to-ao/212717/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20Discharge%20of%20Onus%20to%20Substantiate%20Claim%20of%20Deduction%20under%20Income%20from%20Other%20Sources%20with%20Required%20Documents%20Evidence:%20ITAT%20Restores%20Matter%20to%20AO The Income Tax Appellate Tribunal (ITAT), Bangalore restores matter to the file of Assessing Officer (AO), on the ground that there was no discharge of
👍👍👍👍👍👍👍No Interest on Wrongly availed IGST time period starting from availment and up to its Reversal CBIC clarifies
Clipped from: https://www.taxscan.in/no-interest-on-wrongly-availed-igst-time-period-starting-from-availment-and-up-to-its-reversal-cbic-clarifies-read-circular/300974/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20Interest%20on%20Wrongly%20availed%20IGST%20time%20period%20starting%20from%20availment%20and%20up%20to%20its%20Reversal%20CBIC%20clarifies With respect to the recommendations of the 50th Goods and Services Tax (GST) Council issued circular No. 192/04/2023-GST on 17th July 2023, the Central Board of
👍👍👍👍👍👍👍GST: CBIC Clarifies Refund Related Issues
Clipped from: https://www.taxscan.in/gstcbic-clarifies-refund-related-issues/301014/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GST:%20CBIC%20Clarifies%20Refund%20Related%20Issues The Central Board of Indirect Taxes and Customs (CBIC) has issued clarification on the Goods and Services Tax (GST) refund related issues vide circular no. 197/09/2023- GST
E-Invoice Mandatory for GST Registered Persons on Supply to Government Departments Solely Registered for TDS purpose: CBIC
Read More: https://www.taxscan.in/e-invoice-mandatory-for-gst-registered-persons-on-supply-to-government-departments-solely-registered-for-tds-purpose-cbic-read-circular/300849/ Clipped from: https://www.taxscan.in/e-invoice-mandatory-for-gst-registered-persons-on-supply-to-government-departments-solely-registered-for-tds-purpose-cbic-read-circular/300849/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=E-Invoice%20Mandatory%20for%20GST%20Registered%20Persons%20on%20Supply%20to%20Government%20Departments%20Solely%20Registered%20for%20TDS%20purpose:%20CBIC The Central Board of Indirect Taxes and Customs (CBIC) issued vide circular no. 198/10/2023-GST on July 17th 2023 clarifying the mandatory e-invoice for
Easy credit access for MSMEs at lower interest rates need of the hour: FICCI manufacturing survey | The Financial Express
https://www.financialexpress.com/industry/sme/easy-credit-access-for-msmes-at-lower-interest-rates-need-of-the-hour-ficci-manufacturing-survey/3174051/ Clipped from: https://www.financialexpress.com/industry/sme/easy-credit-access-for-msmes-at-lower-interest-rates-need-of-the-hour-ficci-manufacturing-survey/3174051/ Credit and finance for MSMEs: The average interest rate paid by manufacturers remained more and less the same as last quarter at
MCA withdraws 7,338 court cases to promote ease of doing business | The Financial Express
https://www.financialexpress.com/industry/mca-withdraws7338-court-casesto-promote-ease-of-doing-business/3171591/ Clipped from: https://www.financialexpress.com/industry/mca-withdraws7338-court-casesto-promote-ease-of-doing-business/3171591/ This would be a significant decrease of 21.86% in the pending prosecutions being pursued by the government. Long pending Prosecutions for compoundable
DGFT introduces user-friendly and Searchable Database of Ad-hoc Norms
Clipped from: https://www.taxscan.in/dgft-introduces-user-friendly-and-searchable-database-of-ad-hoc-norms/300881/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=DGFT%20introduces%20user-friendly%20and%20Searchable%20Database%20of%20Ad-hoc%20Norms The Directorate General of Foreign Trade (DGFT) vide trade notice 15/2023-24 notified on 17th July 2023 has introduced the user-friendly and searchable database of Ad-hoc
👍ITR भरला, आता किती दिवसांत मिळणार Refund चे पैसे? जाणून घ्या | Maharashtra Times
https://maharashtratimes.com/business/business-news/itr-filing-2023-how-long-does-it-take-to-get-income-tax-refund/articleshow/101815001.cms Clipped from: https://maharashtratimes.com/business/business-news/itr-filing-2023-how-long-does-it-take-to-get-income-tax-refund/articleshow/101815001.cms ITR Filing 2023 Refund Status : आयकर परतावा बऱ्याच प्रमाणावर तुम्ही तुमचा ITR (इन्कम टॅक्स रिटर्न) फाइल करण्याच्या पद्धतीवर अवलंबून असतो. जर
👍यवतमाळमध्ये लघु उद्योग अर्थसहाय्य योजनेत कोट्यवधींचा अपहार; लिपिकासह ६ उद्योजकांवर गुन्हे दाखल – yavatmal Maharashtra Times
https://maharashtratimes.com/maharashtra/yavatmal/case-filed-against-6-entrepreneurs-including-clerk-for-defrauding-govt-in-yavatmal/articleshow/100897135.cms Clipped from: https://maharashtratimes.com/maharashtra/yavatmal/case-filed-against-6-entrepreneurs-including-clerk-for-defrauding-govt-in-yavatmal/articleshow/100897135.cms Yavatmal News : लघु उद्योगासाठी सरकारने जाहीर केलेल्या अर्थसहाय योजनेत बनावट दस्तावेज तयार करून सरकारची फसवणूक केल्याची घटना घडली आहे. याप्रकरणी लिपिकासह