https://www.thehindubusinessline.com/opinion/path-to-a-brics-currency-is-challenging/article67177273.ece BRICS, comprising Brazil, Russia, India, China and South Africa, was envisioned as a powerful economic grouping but has faced challenges in forming an effective
Day: August 13, 2023
👍👍👍👍👍Rising returns filing is good but tax base is too narrow
https://www.thehindubusinessline.com/opinion/editorial/rising-returns-filing-is-good-but-tax-base-is-too-narrow/article67177062.ece But the increase does not bring cheer since the proportion of taxpayers in the country is still relatively small and many tax returns have
Worried over rising wheat prices, Govt to sell 50 lakh tonnes in open market
https://www.thehindubusinessline.com/economy/agri-business/worried-over-rising-wheat-prices-govt-to-sell-50-lakh-tonnes-in-open-market/article67176955.ece Worried over the ₹118/quintal surge in the selling price of wheat within a span of 43 days since the open market sale scheme (OMSS)
Rising pace of exports led to ban on export of white rice, says Centre
https://www.thehindubusinessline.com/economy/agri-business/rising-pace-of-exports-led-to-ban-on-export-of-white-rice-says-centre/article67175966.ece Explaining the reasons behind the ban on the export of non-Basmati white (raw) rice from July 20, the Centre has said the export of
What if auditors miss zeroing in on fraud?
https://www.thehindubusinessline.com/opinion/what-if-auditors-miss-zeroing-in-on-fraud/article67177356.ece Though it is by now well established that the key responsibility of an auditor is to express his opinion on the financial statements and
Cabinet okays bill to bring clarity on 28% GST rate for online gaming, casinos, horse racing
https://www.thehindubusinessline.com/news/cabinet-okays-bill-to-clarify-gst-rate-for-online-gaming-casinos-horse-racing/article67175815.ece “Suitable amendments to be made to the law to include online gaming and horse racing in schedule III as taxable actionable claims,” the council
Give local production plan, Govt tells IT firms seeking deferral of import licensing regime
https://www.thehindubusinessline.com/info-tech/centre-asks-it-hardware-firms-to-ramp-up-local-production-in-lieu-of-pushing-back-import-licence-deadline/article67176670.ece The Centre has countered the IT hardware industry’s request seeking a 9–12 month deferral of the new import licensing norms by asking players to submit a
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