Banks seek RBI immunity to deal with Paytm biz – https://www.thehindubusinessline.com/money-and-banking/banks-seek-rbi-immunity-to-deal-with-paytm-biz/article67835058.ece, For the best experience read this on BusinessLine App. https://thbl.news/mobileapp
Day: February 11, 2024
RBI keeps rates unchanged, focusing on inflation control amid global economic shifts: Find out what Deepak Jasani of HDFC Securities expects
https://www.financialexpress.com/policy/rbi-keeps-rates-unchanged-focusing-on-inflation-control-amid-global-economic-shifts-find-out-what-deepak-jasani-of-hdfc-securities-expects-3390302/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
👌CBIC cautions against fake GST summons; asks taxpayers to check veracity of communications
https://www.financialexpress.com/money/cbic-cautions-against-fake-gst-summons-asks-taxpayers-to-check-veracity-of-communications-3390453/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
AI in India’s banking sector: RBI action needed
https://www.financialexpress.com/opinion/ai-in-indias-banking-sector-rbi-action-needed/3389763/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Implications of Not Claiming Exemptions under Section 115BAC
https://taxguru.in/income-tax/implications-claiming-exemptions-section-115bac.html Clipped from: https://taxguru.in/income-tax/implications-claiming-exemptions-section-115bac.html Introduction: Section 115BAC offers taxpayers an alternative tax regime with certain conditions. However, opting for this regime comes with implications, especially in terms
Faceless Tax Assessment: Impact, Benefits & Redressal Measures: Govt. Response
https://taxguru.in/income-tax/faceless-tax-assessment-impact-benefits-redressal-measures.html Clipped from: https://taxguru.in/income-tax/faceless-tax-assessment-impact-benefits-redressal-measures.html Introduction: The introduction of faceless tax assessment under section 144B of the Income-tax Act, 1961, marks a significant milestone in India’s tax administration.
GST Input Tax Credit: Issues, Settlements and Government Measures
https://taxguru.in/goods-and-service-tax/gst-input-tax-credit-issues-settlements-government-measures.html lipped from: https://taxguru.in/goods-and-service-tax/gst-input-tax-credit-issues-settlements-government-measures.html The availability of GST input tax credit (ITC) has been a subject of concern for traders in India. Questions have arisen regarding
Section 43B(h): Impact on Expenses under Income Tax Act & MSME Regulations
https://taxguru.in/income-tax/section-43bh-impact-expenses-income-tax-act-msme-regulations.html Clipped from: https://taxguru.in/income-tax/section-43bh-impact-expenses-income-tax-act-msme-regulations.html Introduction: Delve into the transformative nuances brought about by Section 43B(h) of the Income Tax Act, effective from April 1, 2023. This section,
How to Check MSME Registration by PAN number
https://taxguru.in/income-tax/check-msme-registration-pan-number.html Clipped from: https://taxguru.in/income-tax/check-msme-registration-pan-number.html Introduction: Navigating the intricacies of MSME registration is pivotal for businesses, especially in complying with Section 43B(h) of the MSMED Act. This article
Implications of amendment in Section 43B to taxpayers and SMEs
https://taxguru.in/income-tax/implications-amendment-section-43b-taxpayers-smes.html Clipped from: https://taxguru.in/income-tax/implications-amendment-section-43b-taxpayers-smes.html Introduction: Explore the implications of the recent amendment in Section 43B of the Income Tax Act, focusing on deductions tied to payments made
Complete Analysis of Section 43B(h) of Income Tax Act w.r.t. MSME Payment
https://taxguru.in/income-tax/complete-analysis-section-43b-h-income-tax-act-w-r-t-msme-payment.html Clipped from: https://taxguru.in/income-tax/complete-analysis-section-43b-h-income-tax-act-w-r-t-msme-payment.html Introduction: Explore the nuances of Section 43B(h) of the Income Tax Act, which delineates the tax implications of payments to Micro and Small
All about Section 43B(h) of income tax act 1961 with illustrations
https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-illustrations.html Clipped from: https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-illustrations.html Section 43B(h) of the Income Tax Act, 1961 is a new provision that was introduced by the Finance Act 2023 to ensure timely payments
GST Demand Notices: A Guide to Sections 73 and 74 of GST Act
https://taxguru.in/goods-and-service-tax/gst-demand-notices-guide-sections-73-74-gst-act.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-demand-notices-guide-sections-73-74-gst-act.html Introduction: The Goods and Services Tax (GST) legislation, encapsulated within Sections 73 and 74 of the GST Act, delineates clear procedures for addressing
👌Is agreement to sell is a transfer and liable to Capital Gain Tax?
https://taxguru.in/income-tax/agreement-sell-transfer-liable-capital-gain-tax.html Clipped from: https://taxguru.in/income-tax/agreement-sell-transfer-liable-capital-gain-tax.html If we have ever studied the Income Tax Act, 1961, the income has been chargeable under the five sources of income and
Demystifying Section 43B(h) of the Income Tax Act, 1961
https://taxguru.in/income-tax/demystifying-section-43b-h-income-tax-act-1961.html Clipped from: https://taxguru.in/income-tax/demystifying-section-43b-h-income-tax-act-1961.html In the ever-evolving landscape of taxation, staying abreast of amendments and additions to existing provisions is crucial for businesses. One such recent
👌Denial of deduction claimed u/s 80P(2)(d) of IT Act regard to interest received from Co-Operative Banks /Scheduled Banks : ITAT Directs Readjudication
Clipped from: https://www.taxscan.in/denial-of-deduction-claimed-u-s-80p2d-of-it-act-regard-to-interest-received-from-co-operative-banks-scheduled-banks-itat-directs-re-adjudication-read-order/373205/ By Aparna. M – On February 9, 2024 4:02 pm – 2 mins read The Bangalore bench of Income Tax Appellate Tribunal ( ITAT ) directed re adjudication upon
AI in India’s banking sector: RBI action needed
https://www.financialexpress.com/opinion/ai-in-indias-banking-sector-rbi-action-needed/3389763/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Across the aisle by P Chidambaram: Bullhorn economics
https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-bullhorn-economics/3390486/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app