https://www.financialexpress.com/money/gifting-movable-immovable-properties-or-cash-through-gift-deed-this-diwali-know-how-they-will-be-taxed-3295267/ Clipped from: https://www.financialexpress.com/money/gifting-movable-immovable-properties-or-cash-through-gift-deed-this-diwali-know-how-they-will-be-taxed-3295267/ The taxation of gifts has to be examined from the perspective of the donor (i.e. the giver of the gift) as well
Day: November 2, 2023
Secure personal data: The state-sponsored hacking alert saga should prompt both govt and Apple to more proactive
https://www.financialexpress.com/opinion/secure-personal-data-the-state-sponsored-hacking-alert-saga-shouldprompt-both-govt-and-apple-to-more-proactive/3294300/ Clipped from: https://www.financialexpress.com/opinion/secure-personal-data-the-state-sponsored-hacking-alert-saga-shouldprompt-both-govt-and-apple-to-more-proactive/3294300/ The vague response by Apple on the reasons behind the alerts is certainly troubling and calls for more comprehensive and clear disclosure.
Unacceptable and preventable
https://www.business-standard.com/opinion/editorial/unacceptable-and-preventable-123110101422_1.html Clipped from: https://www.business-standard.com/opinion/editorial/unacceptable-and-preventable-123110101422_1.html Road accidents must be prevented The latest report of the Ministry of Road Transport and Highways has once again turned the spotlight
Grassroots insurance
https://www.business-standard.com/opinion/editorial/grassroots-insurance-123110101434_1.html Clipped from: https://www.business-standard.com/opinion/editorial/grassroots-insurance-123110101434_1.html SLBC-like forum could be a useful step Debasish Panda, Chairman, IRDAI (Photo credit: Kamlesh Pednekar) Listen to This Article Insurance Regulatory and
Fed’s Powell: On a path to make more progress on inflation, though likely to be ‘bumpy’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/feds-powell-on-a-path-to-make-more-progress-on-inflation-though-likely-to-be-bumpy/article67487619.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/feds-powell-on-a-path-to-make-more-progress-on-inflation-though-likely-to-be-bumpy/article67487619.ece Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the Federal Open
Fed leaves rates unchanged, acknowledges economy is ‘strong’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/fed-leaves-rates-unchanged-acknowledges-economy-is-strong/article67487614.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/fed-leaves-rates-unchanged-acknowledges-economy-is-strong/article67487614.ece While economic activity showed strength, concerns about inflation and potential slowdowns kept the door open for future rate hikes. Federal Reserve Board
Real estate cos, malls, airport operators to be taxed for supplying electricity with rent: CBIC – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/real-estate-cos-malls-airport-operators-to-be-taxed-for-supplying-electricity-with-rent-cbic/article67483292.ece Clipped from: https://www.thehindubusinessline.com/economy/real-estate-cos-malls-airport-operators-to-be-taxed-for-supplying-electricity-with-rent-cbic/article67483292.ece Electricity charges bundled along with rent or maintenance fee collected by real estate companies, malls, airport operators, etc from occupants will attract
WeWork bankruptcy will not impact India operations: CEO – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/wework-bankruptcy-will-not-impact-india-operations-ceo/article67483994.ece Clipped from: https://www.thehindubusinessline.com/news/wework-bankruptcy-will-not-impact-india-operations-ceo/article67483994.ece ‘WeWork India is a separate entity from WeWork Global’ Even as WeWork Inc plans to file Chapter 11 petition for bankruptcy in New Jersey, the
RBI rules raise credit bureaus’ accountability to borrowers – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/rbi-rules-raise-credit-bureaus-accountability-to-borrowers/article67485111.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-rules-raise-credit-bureaus-accountability-to-borrowers/article67485111.ece There has been a rising tide of complaints about inexplicable changes to scores, delays in updating loan closures, lack of response to
Banks need to lend cautiously – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/banks-need-to-lend-cautiously/article67486069.ece Clipped from: https://www.thehindubusinessline.com/opinion/banks-need-to-lend-cautiously/article67486069.ece In the five-year period up to March 2023, unsecured loans of banks have spiked. This poses risk of default A month ago,
👍👍👍👍👍👍👍Imposition of penalty u/s 78 without intention to evade payment of tax untenable
https://taxguru.in/service-tax/imposition-penalty-u-s-78-intention-evade-payment-tax-untenable.html Clipped from: https://taxguru.in/service-tax/imposition-penalty-u-s-78-intention-evade-payment-tax-untenable.html Bharat Aluminium Company Limited Vs Commissioner (CESTAT Delhi) CESTAT Delhi held that imposition of penalty under section 78 of the Finance Act
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