https://www.thehindubusinessline.com/opinion/india-must-recalibrate-its-product-exports/article67064948.ece Clipped from: https://www.thehindubusinessline.com/opinion/india-must-recalibrate-its-product-exports/article67064948.ece Taking cues from Vietnam and Malaysia, India must diversify from commodities to tech-related product exports India’s merchandise exports have grown from $303.5
Month: July 2023
Adani-Hindenburg row: SEBI rejects SC panel findings on FPI’s beneficial owners – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/stock-markets/adani-hindenburg-row-sebi-rejects-sc-panel-findings-on-fpis-beneficial-owners/article67064693.ece Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/adani-hindenburg-row-sebi-rejects-sc-panel-findings-on-fpis-beneficial-owners/article67064693.ece SEBI said there never was any requirement to disclose the last natural person above every person owning any economic interest in the
IBA urges Centre to reduce GST on carbonated fruit drinks – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/iba-urges-centre-to-reduce-gst-on-carbonated-fruit-drinks/article67064678.ece lipped from: https://www.thehindubusinessline.com/economy/iba-urges-centre-to-reduce-gst-on-carbonated-fruit-drinks/article67064678.ece Currently, carbonated fruit drinks attracts 40 per cent GST including 12 per cent compensation cess The Indian Beverage Association (IBA) has urged
Free Trade Agreements: India and the World – The Hindu BusinessLine
https://www.thehindubusinessline.com/books/free-trade-agreements-india-and-the-world/article67064594.ece lipped from: https://www.thehindubusinessline.com/books/free-trade-agreements-india-and-the-world/article67064594.ece The author navigates the growth of FTAs over the decades, providing the readers with a reality check on the process and nuances involved
External debt unchanged, but there are some pain points – The Hindu BusinessLine
https://www.thehindubusinessline.com/data-stories/visually/external-debt-unchanged-but-there-are-some-pain-points/article67064699.ece Clipped from: https://www.thehindubusinessline.com/data-stories/visually/external-debt-unchanged-but-there-are-some-pain-points/article67064699.ece India’s external debt statistics released by the RBI show that there has been very little addition to external debt by both government
Wilful defaulters’ impact on IBC – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/wilful-defaulters-impact-on-ibc/article67064978.ece Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/wilful-defaulters-impact-on-ibc/article67064978.ece They stripped or ran down assets to a degree where the liquidation value was a fraction of the claims of banks The
Push for multiple credit card network tie-ups makes sense – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/push-for-multiple-credit-card-network-tie-ups-makes-sense/article67064161.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/push-for-multiple-credit-card-network-tie-ups-makes-sense/article67064161.ece In the last five years, the RBI has been battling with global card network providers such as Mastercard, Visa and American Express
Modi’s ‘rouble wise rupee foolish’ policy – The Hindu
https://www.thehindu.com/opinion/op-ed/modis-rouble-wise-rupee-foolish-policy/article67060537.ece Clipped from: https://www.thehindu.com/opinion/op-ed/modis-rouble-wise-rupee-foolish-policy/article67060537.ece India has been boxed into helping China in its currency supremacy A motorcyclist watches as an employee at a fuel station fills
India should move towards complete convertibility of rupee
https://www.business-standard.com/opinion/columns/india-should-move-towards-complete-convertibility-of-rupee-123070900801_1.html Clipped from: https://www.business-standard.com/opinion/columns/india-should-move-towards-complete-convertibility-of-rupee-123070900801_1.html The IDG believes that CAC is not a pre-condition for internationalisation of INR, or vice-versa, and makes several recommendations over the short-term
Residential sales between January and June touched 15-year-high: JLL report
https://www.business-standard.com/industry/news/residential-sales-between-january-and-june-touched-15-year-high-jll-report-123071000429_1.html Clipped from: https://www.business-standard.com/industry/news/residential-sales-between-january-and-june-touched-15-year-high-jll-report-123071000429_1.html The highest residential sales were recorded in Bengaluru followed by Mumbai and Pune Representative Image Listen to This Article The sales of
👍👍👍👍👍👍👍Who can dethrone the US dollar?
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
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,