Clipped from: https://www.taxscan.in/invocation-of-extended-period-of-limitation-is-not-valid-in-the-absence-of-deliberate-attempt-to-suppress-or-to-miss-declare-value-of-service-cestat/342691/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Invocation%20of%20Extended%20Period%20of%20Limitation%20is%20not%20Valid%20In%20the%20absence%20of%20Deliberate%20Attempt%C2%A0%20to%20suppress%20or%20to%20miss%20declare%20Value%20of%20service:%20CESTAT The Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) has held that invocation of an extended period of limitation is not valid
Day: November 15, 2023
50% surge in diabetes in individuals under 40 yrs of age, say experts
https://www.business-standard.com/health/50-surge-in-diabetes-in-individuals-under-40-yrs-of-age-say-experts-123111100338_1.html lipped from: https://www.business-standard.com/health/50-surge-in-diabetes-in-individuals-under-40-yrs-of-age-say-experts-123111100338_1.html Prevalence of diabetes no longer confined to just older demographics, Vitamin B12 deficiency may be a cause Photo: Bloomberg There has been
IIM Ahmedabad study finds significant improvement in firms post IBC
https://www.business-standard.com/companies/news/iim-ahmedabad-study-finds-significant-improvement-in-firms-post-ibc-123111200476_1.html Clipped from: https://www.business-standard.com/companies/news/iim-ahmedabad-study-finds-significant-improvement-in-firms-post-ibc-123111200476_1.html The study found that hotels and restaurants have had the highest recovery rate for creditors under the IBC while electricity, gas, and
Debt guarantees
https://www.business-standard.com/opinion/editorial/debt-guarantees-123111300896_1.html Clipped from: https://www.business-standard.com/opinion/editorial/debt-guarantees-123111300896_1.html Supreme Court has strengthened the IBC framework Representative Image Listen to This Article The Supreme Court last week settled an important ongoing
CP issuances fall to 1-year low in October as rates rise by 30 bps
https://www.business-standard.com/markets/news/cp-issuances-fall-to-1-year-low-in-october-as-rates-rise-by-30-bps-123111300877_1.html Clipped from: https://www.business-standard.com/markets/news/cp-issuances-fall-to-1-year-low-in-october-as-rates-rise-by-30-bps-123111300877_1.html Illustration: Ajay Mohanty Issues of commercial paper fell to nearly a one-year low in October due to rising rates caused by tight
UBS strategists see far deeper Fed rate cuts than what markets are pricing
https://www.business-standard.com/world-news/ubs-strategists-see-far-deeper-fed-rate-cuts-than-what-markets-are-pricing-123111301162_1.html Clipped from: https://www.business-standard.com/world-news/ubs-strategists-see-far-deeper-fed-rate-cuts-than-what-markets-are-pricing-123111301162_1.html The strategists expect the benchmark federal funds rate to fall to between 2.5% and 2.75% by the end of 2024, and see
Consumer Affairs Min tells white good makers warranty period should begin from date of installation – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/consumer-affairs-min-tells-white-good-makers-warranty-period-should-begin-from-date-of-installation/article67517426.ece Clipped from: https://www.thehindubusinessline.com/economy/consumer-affairs-min-tells-white-good-makers-warranty-period-should-begin-from-date-of-installation/article67517426.ece DoCA Secy Rohit Singh writes to industry bodies, retailers and manufacturers The Department of Consumer Affairs (DoCA) has asked manufacturers and sellers
Insolvency and Bankruptcy Code: Personal guarantors get no SC reprieve
https://www.business-standard.com/companies/news/sc-upholds-ibc-says-provisions-don-t-have-vices-of-arbitrariness-123110900796_1.html Clipped from: https://www.business-standard.com/companies/news/sc-upholds-ibc-says-provisions-don-t-have-vices-of-arbitrariness-123110900796_1.html Top court upholds constitutionality of key provisions Photo: Pexels In a landmark judgment, the Supreme Court on Thursday refused to give reprieve
Sustained high, unsecured loan growth can increase mispricing risk: Fitch Ratings – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/sustained-high-unsecured-loan-growth-can-increase-mispricing-risk-fitch-ratings/article67517974.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sustained-high-unsecured-loan-growth-can-increase-mispricing-risk-fitch-ratings/article67517974.ece This could have direct impact on financial performace of banks if conditions turns less favourable, warns Fitch Sustained high growth in unsecured retail
Monetary policy remains watchful and actively disinflationary: RBI Guv – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/monetary-policy-remains-watchful-and-actively-disinflationary-rbi-guv/article67516399.ece Clipped from: https://www.thehindubusinessline.com/economy/monetary-policy-remains-watchful-and-actively-disinflationary-rbi-guv/article67516399.ece His observation comes against the backdrop of headline inflation remaining vulnerable to recurring and overlapping food price shocks Monetary policy remains watchful and
Proposed IBC changes could provide homebuyers some relief – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/proposed-ibc-changes-could-provide-homebuyers-some-relief/article67521051.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/proposed-ibc-changes-could-provide-homebuyers-some-relief/article67521051.ece One of the positives is that properties where buyers are in possession of homes or those where they have paid in full,
India likely to become second largest solar module manufacturer by 2025: Wood Mackenzie report – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/india-likely-to-become-second-largest-solar-module-manufacturer-by-2025-wood-mackenzie-report/article67520425.ece Clipped from: https://www.thehindubusinessline.com/economy/india-likely-to-become-second-largest-solar-module-manufacturer-by-2025-wood-mackenzie-report/article67520425.ece The consultancy said that after investing over $130 billion into the solar industry in 2023, China will hold more than 80 per
Proposed IBC changes could provide homebuyers some relief – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/proposed-ibc-changes-could-provide-homebuyers-some-relief/article67521051.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/proposed-ibc-changes-could-provide-homebuyers-some-relief/article67521051.ece One of the positives is that properties where buyers are in possession of homes or those where they have paid in full,
How to be the Vishwa Guru of economics – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/how-to-be-the-vishwa-guru-of-economics/article67529688.ece Clipped from: https://www.thehindubusinessline.com/opinion/how-to-be-the-vishwa-guru-of-economics/article67529688.ece The world must bring back the link between budgets and capital rather than between budgets and labour Most bad practices and policies
Fintech lenders should not be discouraged – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/fintech-lenders-should-not-be-discouraged/article67529012.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fintech-lenders-should-not-be-discouraged/article67529012.ece Digital lending by fintech companies has democratised access to credit greatly over the last few years Financial inclusion has been improving rapidly in the
Tax Query: Explaining Switch Between New and Old Tax Regimes – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-explaining-switch-between-new-and-old-tax-regimes/article67516533.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-explaining-switch-between-new-and-old-tax-regimes/article67516533.ece Under Income Tax law, individual taxpayers with business income are not allowed to select between the old tax regime and the new
NITI Aayog seeks large-scale school mergers, teacher training overhaul
https://www.business-standard.com/india-news/niti-aayog-seeks-large-scale-school-mergers-teacher-training-overhaul-123111401002_1.html Clipped from: https://www.business-standard.com/india-news/niti-aayog-seeks-large-scale-school-mergers-teacher-training-overhaul-123111401002_1.html NITI Aayog has also suggested that states undertake decentralisation of powers to principals, district and block officers for self-improving governance Representative Image
Inflation respite
https://www.business-standard.com/opinion/editorial/inflation-respite-123111401015_1.html Clipped from: https://www.business-standard.com/opinion/editorial/inflation-respite-123111401015_1.html But food prices can pose policy challenges Representative Image Listen to This Article The members of the Reserve Bank of India’s (RBI’s)
Credit formalisation, state welfare transforming labour markets: SBI report
https://www.business-standard.com/economy/news/credit-formalisation-welfare-programmes-transform-labour-mkts-sbi-report-123111400780_1.html Clipped from: https://www.business-standard.com/economy/news/credit-formalisation-welfare-programmes-transform-labour-mkts-sbi-report-123111400780_1.html Self-employment has improved as government programmes take care of primary subsistence needs, it says Listen to This Article Credit formalisation, government welfare
State govts falling back on thermal power as electricity demand surges
https://www.business-standard.com/economy/news/state-govts-fall-back-on-thermal-power-as-electricity-demand-rockets-123111400737_1.html Clipped from: https://www.business-standard.com/economy/news/state-govts-fall-back-on-thermal-power-as-electricity-demand-rockets-123111400737_1.html High demand pushes states towards coal After more than a decade, the opening up of new coal-based power plants and rising power
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