https://taxguru.in/income-tax/interest-earned-co-operative-society-investment-co-operative-bank-deductible-u-s-80p-2-d.html Clipped from: https://taxguru.in/income-tax/interest-earned-co-operative-society-investment-co-operative-bank-deductible-u-s-80p-2-d.html Totgars’ Co-operative Sale Society Ltd Vs ACIT (ITAT Bangalore) ITAT Bangalore held that the interest income earned by a cooperative society on
Day: September 3, 2023
👍👍👍👍👍👍👍No Recording of Service of Notice: ITAT Sets Aside Revision Order
https://taxguru.in/income-tax/recording-service-notice-itat-sets-aside-revision-order.html Clipped from: https://taxguru.in/income-tax/recording-service-notice-itat-sets-aside-revision-order.html Citron Infraprojects Ltd. Vs PCIT (ITAT Mumbai) Introduction: In a recent judgment dated 27th July 2023, the Income Tax Appellate Tribunal (ITAT) Mumbai
Check Form 26AS, reconcile with Form 16 before you file your tax r
https://www.business-standard.com/finance/personal-finance/check-form-26as-reconcile-with-form-16-before-you-file-your-tax-return-123070700678_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/check-form-26as-reconcile-with-form-16-before-you-file-your-tax-return-123070700678_1.html Claiming excess tax credit in your return could trigger a notice from the tax authorities Before a taxpayer files his Income-Tax Return
Six years of GST – I: How the new tax regime changed indirect taxation
https://www.business-standard.com/opinion/columns/how-the-new-tax-regime-changed-indirect-taxation-123062900855_1.html Clipped from: https://www.business-standard.com/opinion/columns/how-the-new-tax-regime-changed-indirect-taxation-123062900855_1.html There used to be a local value-added tax (VAT) for intra-state movement of goods, and a central sale tax (CST) regime for
Want immediate insurance coverage for diabetes? Apply for a customised plan
https://www.business-standard.com/finance/personal-finance/want-immediate-coverage-for-diabetes-apply-for-a-customised-diabetes-plan-123062800756_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/want-immediate-coverage-for-diabetes-apply-for-a-customised-diabetes-plan-123062800756_1.html Though costlier, they offer coverage for both type I and II diabetes, and to those with high levels of HbA1C Listen to
Everything you want to know about tokenisation
https://www.business-standard.com/article/opinion/everything-you-want-to-know-about-tokenisation-122101600538_1.html Clipped from: https://www.business-standard.com/article/opinion/everything-you-want-to-know-about-tokenisation-122101600538_1.html For consumers, nothing has changed as token is just replacing the card details. Merchants do not have card details anymore and hence,
US debt downgrade, long overdue – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/us-debt-downgrade-long-overdue/article67231495.ece lipped from: https://www.thehindubusinessline.com/opinion/us-debt-downgrade-long-overdue/article67231495.ece A downgrade in 2003 itself may have restrained the Fed in its damaging war against deflation On August 1, Fitch downgraded America’s
How RBI’s frictionless credit project will help borrowers – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/how-rbis-frictionless-credit-project-will-help-borrowers/article67228230.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/how-rbis-frictionless-credit-project-will-help-borrowers/article67228230.ece The digital platform can help significantly reduce the turnaround time, which would lead to better operational efficiency What is the public tech
BRICS must focus on economic cooperation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/brics-must-focus-on-economic-cooperation/article67245723.ece Clipped from: https://www.thehindubusinessline.com/opinion/brics-must-focus-on-economic-cooperation/article67245723.ece This will help countries in the bloc look past the inherent contradictions and face common challenges A new world order is well
Credit demand of digitised SMEs to cross $570b in 5 years, says report – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/credit-demand-of-digitised-smes-to-cross-570b-in-5-years-says-report/article67231258.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-demand-of-digitised-smes-to-cross-570b-in-5-years-says-report/article67231258.ece According to a report by Redseer and GetVantage, out of the $220 billion credit demand, only $165 billion is being fulfilled In
Shipping Ministry mulls ₹11,000-crore PLI scheme for standard container making – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/shipping-ministry-mulls-11000-crore-pli-scheme-for-standard-container-making/article67227023.ece Clipped from: https://www.thehindubusinessline.com/economy/shipping-ministry-mulls-11000-crore-pli-scheme-for-standard-container-making/article67227023.ece Scheme to be spread over 9 years, incentivising production of 20 ft and 40 ft containers The Ministry of Ports, Shipping and
Generative AI needs to be regulated for responsible use without choking innovation: B20 Chairman Chandrasekaran – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/generative-ai-needs-to-be-regulated-for-responsible-use-without-choking-innovation-need-common-framework-b20-chairman-chandrasekaran/article67231704.ece Clipped from: https://www.thehindubusinessline.com/info-tech/generative-ai-needs-to-be-regulated-for-responsible-use-without-choking-innovation-need-common-framework-b20-chairman-chandrasekaran/article67231704.ece Regulation of AI is among the 54 policy recommendations made by the B20 and submitted to the G20 for further action Asserting
India well positioned to lead global transitions of digital, AI: Chandrasekaran – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/india-well-positioned-to-lead-global-transitions-of-digital-ai-chandrasekaran/article67234267.ece Clipped from: https://www.thehindubusinessline.com/info-tech/india-well-positioned-to-lead-global-transitions-of-digital-ai-chandrasekaran/article67234267.ece Africa should become a permanent member of G20: Sunil Mittal India is well positioned to lead the global transitions of digital and artificial
👍👍👍👍👍Small saving schemes: Govt tweaks rules, allows NRIs as nominees – The Hindu BusinessLine
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GST authorities to roll out biometric-based Aadhaar authentication of suspicious registration applicants – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/gst-authorities-to-roll-out-biometric-based-aadhaar-authentication-of-suspicious-registration-applicants/article67075905.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-authorities-to-roll-out-biometric-based-aadhaar-authentication-of-suspicious-registration-applicants/article67075905.ece Special joint drive against fake registration may be extended beyond July 15,says Revenue Secretary GST Administration will soon begin a pilot for
Goods and Services Tax – A game changer – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/goods-and-services-tax-a-game-changer/article67024262.ece Clipped from: https://www.thehindubusinessline.com/opinion/goods-and-services-tax-a-game-changer/article67024262.ece Improved compliance and tax buoyancy on GST’s sixth anniversary points to the regime’s resounding success As we celebrate six years of the
Book review: Vajpayee — the Ascent of the Hindu Right (1924–1977) – The Hindu BusinessLine
https://www.thehindubusinessline.com/books/reviews/book-review-vajpayee-the-ascent-of-the-hindu-right-19241977/article67027146.ece Clipped from: https://www.thehindubusinessline.com/books/reviews/book-review-vajpayee-the-ascent-of-the-hindu-right-19241977/article67027146.ece The first volume of the former PM’s biography gives a fascinating glimpse into his early political journey As Prime Minister, Atal Bihari
GST@6: Well begun and more to be done – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/gst6-well-begun-and-more-to-be-done/article67035011.ece Clipped from: https://www.thehindubusinessline.com/opinion/gst6-well-begun-and-more-to-be-done/article67035011.ece Digitisation in compliance and seamless flow of input tax credit are some key areas that need tweaking With more than half a
Data protection and a regulatory crossroads
https://www.business-standard.com/opinion/columns/data-protection-and-a-regulatory-crossroads-123082401260_1.html Clipped from: https://www.business-standard.com/opinion/columns/data-protection-and-a-regulatory-crossroads-123082401260_1.html It is not clear whether the proposed Data Protection Board is a repudiation of India’s recent regulatory experience or an improvement on
Generic prescription controversy: NMC regulations for doctors held back
https://www.business-standard.com/industry/news/generic-prescription-controversy-nmc-regulations-for-docs-held-back-123082400960_1.html Clipped from: https://www.business-standard.com/industry/news/generic-prescription-controversy-nmc-regulations-for-docs-held-back-123082400960_1.html India is a branded generic drugs market where pharma companies sell copy-cat drugs (those that are off patent) under different brands Listen