Day: September 29, 2023
Crude oil up on US inventory decline – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/commodities/crude-oil-up-on-us-inventory-decline/article67355874.ece Clipped from: https://www.thehindubusinessline.com/markets/commodities/crude-oil-up-on-us-inventory-decline/article67355874.ece The decline in US inventories was higher than market expectations Crude oil futures traded higher on Thursday morning following a decline in
👍👍👍👍👍Credit cards-in-force cross 9-crore mark, spends at high of ₹1.49-lakh crore – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/credit-cards-in-force-cross-9-crore-mark-spends-at-high-of-149-lakh-crore/article67357104.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-cards-in-force-cross-9-crore-mark-spends-at-high-of-149-lakh-crore/article67357104.ece Card additions for the month remained healthy, increasing by 1.6 per cent on-month compared with 1.3 per cent in July Credit cards-in-force
👍👍👍👍👍International credit card spending to remain outside LRS – The Hindu BusinessLine
https://www.thehindubusinessline.com/todays-paper/tp-economy/international-credit-card-spending-to-remain-outside-lrs/article67357260.ece Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-economy/international-credit-card-spending-to-remain-outside-lrs/article67357260.ece New TCS norms for LRS to be come into effect from Oct 1 The notification on spending through International Credit Card abroad
👍👍👍👍👍MCA looks to turbocharge IBC process – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/mca-looks-to-turbocharge-ibc-process/article67357696.ece Clipped from: https://www.thehindubusinessline.com/economy/mca-looks-to-turbocharge-ibc-process/article67357696.ece Readies slew of likely legal amendments to IBC in upcoming Winter Session of Parliament The Corporate Affairs Ministry (MCA) is looking to
👍👍👍👍👍SME platforms seeing untenable levels of speculation – –Editorial –The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sme-platforms-seeing-untenable-levels-of-speculation/article67357273.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sme-platforms-seeing-untenable-levels-of-speculation/article67357273.ece SEBI has been maintaining a close watch on excessive speculation In this bull market, speculative excesses have been kept in check on
👍👍👍👍👍Exporters seek more sops for value-added products under Rodtep scheme
https://www.business-standard.com/economy/news/exporters-seek-more-benefits-under-rodtep-scheme-for-value-added-goods-123092800970_1.html Clipped from: https://www.business-standard.com/economy/news/exporters-seek-more-benefits-under-rodtep-scheme-for-value-added-goods-123092800970_1.html Say current structure provides higher refund rates on lesser value-added goods Listen to This Article Exporters have sought more benefits for value-added
👍👍👍👍👍👍👍New GST rules to tighten compliance for foreign digital service providers
https://www.business-standard.com/economy/news/new-gst-rules-to-tighten-compliance-for-foreign-digital-service-providers-123092701385_1.html Clipped from: https://www.business-standard.com/economy/news/new-gst-rules-to-tighten-compliance-for-foreign-digital-service-providers-123092701385_1.html They will have to pay 18 per cent GST regardless of the purpose Listen to This Article Starting October 1, foreign companies
👍👍👍👍👍India-US bond yield spread falls to lowest level in more than 17 years
https://www.business-standard.com/economy/news/yield-spread-between-india-and-us-treasury-bonds-declined-to-lowest-level-123092801224_1.html Clipped from: https://www.business-standard.com/economy/news/yield-spread-between-india-and-us-treasury-bonds-declined-to-lowest-level-123092801224_1.html This makes Indian bonds less attractive to foreign investors Listen to This Article JP Morgan’s decision last week to include Indian government
👍👍👍👍👍Goods and Services Tax E-Invoicing Rules Change 2023: What are the recent changes to e-invoicing in GST? | The Financial Express
https://www.financialexpress.com/money/goods-and-services-tax-gst-e-invoicing-rules-change-2023-what-are-the-recent-changes-3256783/ Clipped from: https://www.financialexpress.com/money/goods-and-services-tax-gst-e-invoicing-rules-change-2023-what-are-the-recent-changes-3256783/ GST e-invoicing rules change 2023: The GSTN had earlier released an advisory on 13th April 2023 communicating the time limits with respect
👍👍👍👍👍I purchased a flat for Rs 9 crore before selling a property inherited through Gift Deed. How can I save tax? | The Financial Express
https://www.financialexpress.com/money/i-purchased-a-flat-for-rs-9-crore-before-selling-a-property-inherited-through-gift-deed-how-can-i-save-tax-3256813/ Clipped from: https://www.financialexpress.com/money/i-purchased-a-flat-for-rs-9-crore-before-selling-a-property-inherited-through-gift-deed-how-can-i-save-tax-3256813/ An individual can save long-term capital gains tax on the sale of RHP by purchasing a new RHP within 1 year, or
Housing sales at all-time high in Q3 2023 – Over 1.20L units sold in top 7 cities | The Financial Express
https://www.financialexpress.com/money/housing-sales-at-all-time-high-in-q3-2023-over-1-20l-units-sold-in-top-7-cities-3257359/ Clipped from: https://www.financialexpress.com/money/housing-sales-at-all-time-high-in-q3-2023-over-1-20l-units-sold-in-top-7-cities-3257359/ Latest ANAROCK Research data shows that Q3 2023 saw housing sales across the top 7 cities create another new peak with approx.
Asset Reconstruction Companies want larger pie of stressed assets | The Financial Express
https://www.financialexpress.com/business/banking-finance-asset-reconstruction-companies-want-larger-pie-of-stressed-assets-3257767/ Clipped from: https://www.financialexpress.com/business/banking-finance-asset-reconstruction-companies-want-larger-pie-of-stressed-assets-3257767/ Seek RBI’s nod to acquire assets from AMCs and AIFs X By Sachin Kumar Asset Reconstruction Companies (ARCs), which buy non-performing assets
👍👍👍👍👍Unclog the credit lines: Nurture MSMEs to empower India’s economic growth – The Economic Times
https://economictimes.indiatimes.com/opinion/et-commentary/unclog-the-credit-lines-nurture-msmes-to-empower-indias-economic-growth/articleshow/103997512.cms Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/unclog-the-credit-lines-nurture-msmes-to-empower-indias-economic-growth/articleshow/103997512.cms Synopsis As India moves ahead with confidence and aspires to be a developed nation by 2047, MSMEs will have to play a
👍👍👍👍👍👍👍GST Registration cannot be cancelled without granting opportunity of being heard
https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-granting-opportunity-heard.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-granting-opportunity-heard.html Ashok Kumar Vishwakarma Vs Union of India (Bombay High Court) Introduction: The case of Ashok Kumar Vishwakarma Vs. Union of India sheds light
👍👍👍👍👍👍👍Court admitted writ challenging amendment to Rule 61(5) of CGST Rules
https://taxguru.in/goods-and-service-tax/court-admitted-writ-challenging-amendment-rule-61-5-cgst-rules.html Clipped from: https://taxguru.in/goods-and-service-tax/court-admitted-writ-challenging-amendment-rule-61-5-cgst-rules.html Sakthi Industries Vs Union of India (Madras High Court) The Hon’ble Madras High Court in M/s. Sakthi Industries v. Union of India [W.P.No.26901
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