https://www.businesstoday.in/personal-finance/tax/story/can-i-reduce-current-year-tax-burden-by-revising-previous-year-returns-for-rbi-bond-interest-446433-2024-09-18 Clipped from: https://www.businesstoday.in/personal-finance/tax/story/can-i-reduce-current-year-tax-burden-by-revising-previous-year-returns-for-rbi-bond-interest-446433-2024-09-18 As per Section 139(5), an individual can file a revised return, if the original return u/s 139(1) is filed. The time limit
Day: September 19, 2024
👌👌👌Fed rate cuts: Despite 50-bps rate cut, Jerome Powell says not going back to the era of easy money – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/technical-analysis/fed-rate-cuts-despite-50-bps-rate-cut-jerome-powell-says-not-going-back-to-the-era-of-easy-money/article68658793.ece Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/fed-rate-cuts-despite-50-bps-rate-cut-jerome-powell-says-not-going-back-to-the-era-of-easy-money/article68658793.ece Nifty and Dollar turn volatile, projections show 50-bps more rate cut for this year The US Federal Reserve on Wednesday made a
👌👌👌Corporates should take the lead in skill development initiatives: Minister Jayant Chaudhary – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/corporates-should-take-the-lead-in-skill-development-initiatives-minister-jayant-chaudhary/article68659249.ece Clipped from: https://www.thehindubusinessline.com/economy/corporates-should-take-the-lead-in-skill-development-initiatives-minister-jayant-chaudhary/article68659249.ece Governments cannot create a skilled labour force on their own, it has to be done in partnership with industry, he said India’s
Banks take securitisation route for liquidity, lower credit deposit ratio | Finance News – Business Standard
https://www.business-standard.com/finance/news/banks-take-securitisation-route-for-liquidity-lower-credit-deposit-ratio-124091901089_1.html Clipped from: https://www.business-standard.com/finance/news/banks-take-securitisation-route-for-liquidity-lower-credit-deposit-ratio-124091901089_1.html Rating agency ICRA estimates Rs 45,000 crore to Rs 50,000 worth of securitisation and direct assignment deals in the July-Sep quarter Representative
Impact of US Fed rate cut might be muted in India: CEA Nageswaran | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/impact-of-us-fed-rate-cut-might-be-muted-in-india-cea-nageswaran-124091900835_1.html Clipped from: https://www.business-standard.com/economy/news/impact-of-us-fed-rate-cut-might-be-muted-in-india-cea-nageswaran-124091900835_1.html The US Federal Open Market Committee on Wednesday voted to cut the federal funds rate target range by 50 basis points to
👌एक झुंज कॅन्सरशी! – living with terminal lung cancer a story of hope book – Maharashtra Times
https://marathi.indiatimes.com/editorial/column/dakhal/living-with-terminal-lung-cancer-a-story-of-hope-book/articleshow/112584776.cms Clipped from: https://marathi.indiatimes.com/editorial/column/dakhal/living-with-terminal-lung-cancer-a-story-of-hope-book/articleshow/112584776.cms चांगला हिंडता फिरता खेळता माणूस पण छातीत दुखत होतं. मग कुठल्याशा हॉस्पिटलमध्ये स्वस्त स्कॅन होते म्हणून तिथे गेला. आणि काही दिवसांत कॅन्सर
👌👌👌Deduction u/s. 80P inadmissible as return filed after due date prescribed u/s. 139(1): ITAT Ahmedabad
https://taxguru.in/income-tax/deduction-u-s-80p-inadmissible-return-filed-due-date-prescribed-u-s-139-1-itat-ahmedabad.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-inadmissible-return-filed-due-date-prescribed-u-s-139-1-itat-ahmedabad.html Dared Seva Sahkari Mandali Ltd Vs Assessment Unit (ITAT Ahmedabad) ITAT Ahmedabad held that claim of deduction u/s 80P is admissible only
👌Interest Equalisation Scheme: Subvention Cap: Rs 5 Cr for MSMEs, Rs 2.5 Cr for Exporters
https://taxguru.in/dgft/interest-equalisation-scheme-subvention-cap-rs-5-cr-msmes-rs-2-5-cr-exporters.html Clipped from: https://taxguru.in/dgft/interest-equalisation-scheme-subvention-cap-rs-5-cr-msmes-rs-2-5-cr-exporters.html The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has issued Trade Notice No. 17/2024-2025 announcing amendments
👌Madras HC: GST dept has to Verify Correctness of Returns and Particulars before Initiating Action u/s 73
Clipped from: https://www.taxscan.in/gst-dept-has-to-verify-correctness-of-returns-and-particulars-before-initiating-action-u-s-73-madras-hc-read-order/438238/ The Madras High Court has ruled that the Goods and Services Tax ( GST ) Department should thoroughly verify the correctness of tax
👌👌👌👌👌Transaction limit for Tax Payment using UPI increased to 5 lakh in Single Transaction
Clipped from: https://www.taxscan.in/transaction-limit-for-tax-payment-using-upi-increased-to-5-lakh-in-single-transaction/437954/ The National Payments Corporation of India ( NPCI ) has increased transaction limits for tax payments using Unified Payments Interface ( UPI ), allowing people
👌Madras HC Deems GST Cancellation ‘Capital Punishment,’ Demands Simpler Rules and SMS Alerts
Clipped from: https://www.taxscan.in/madras-high-court-calls-gst-registration-cancellation-capital-punishment-for-traders-orders-easier-rules-and-sms-alerts-in-regional-languages/437127/ In the recent case,the High Court of Madras called the cancellation of GST registration ‘capital punishment’ for traders. The court ordered the Goods
👌👌👌various freebies schemes in india is blog written by parag karandikar – Maharashtra Times Blog
https://blogs.maharashtratimes.indiatimes.com/sakshep/various-freebies-schemes-in-india-is-blog-written-by-parag-karandikar/ Clipped from: https://blogs.maharashtratimes.indiatimes.com/sakshep/various-freebies-schemes-in-india-is-blog-written-by-parag-karandikar/ freebies schemes in india (Google Trends) शिक्षण आणि आरोग्य या दोन गोष्टी सरसकट समान पद्धतीने मोफत उपलब्ध दिल्या तर बऱ्याच समस्या सुटू
Bajaratali manas Shashidhar Jagadishan Managing Director HDFC Bank | बाजारातली माणसं : ब्रह्मा, विष्णू, महेश – शशिधर जगदीशन
https://www.loksatta.com/business/personal-finance/bajaratali-manas-shashidhar-jagadishan-managing-director-hdfc-bank-mrj-95-4595876/ lipped from: https://www.loksatta.com/business/personal-finance/bajaratali-manas-shashidhar-jagadishan-managing-director-hdfc-bank-mrj-95-4595876/ जगदीशन १९९६ पासून एचडीएफसी बँकेशी जोडले गेलेले आहेत. हा माणूस पदार्थ विज्ञान शाखेतला प्रावीण्य मिळवलेला पदवीधर आहे. शिवाय चार्टर्ड अकाउंटंट आहेच. शशिधर
👌👌👌IBBI’s proposed ‘guarantees’ under fire – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/ibbis-proposed-guarantees-under-fire/article68402968.ece Clipped from: https://www.thehindubusinessline.com/business-laws/ibbis-proposed-guarantees-under-fire/article68402968.ece Progress or pitfalls? The amendments to guarantee enforcement norms under IBC raises more questions than solutions The issue of release/enforcement of third
Who is a ‘workman’? – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/who-is-a-workman/article68456824.ece Clipped from: https://www.thehindubusinessline.com/business-laws/who-is-a-workman/article68456824.ece Supreme Court rules that mere absence of managerial powers is insufficient to confer ‘workman’ status In the case of Bharti Airtel vs
👌👌👌👌👌Corporate guarantee: A ‘yearly’ quandary – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/corporate-guarantee-a-yearly-quandary/article68456741.ece Clipped from: https://www.thehindubusinessline.com/business-laws/corporate-guarantee-a-yearly-quandary/article68456741.ece Amendment threatens to dent the working capital of businesses offering corporate guarantees to related parties The 53rd Goods and Services Tax (GST)
👌👌👌Telangana launches MSME Policy 2024 to help small firms grow – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/telangana-launches-msme-policy-2024-to-help-small-firms-grow/article68655743.ece Clipped from: https://www.thehindubusinessline.com/news/telangana-launches-msme-policy-2024-to-help-small-firms-grow/article68655743.ece MSMEs to get access to land, finance, raw material, skilled labour Telangana Chief Minister A. Revanth Reddy, Deputy Chief Minister Mallu Bhatti Vikramarka, Industries Minister D. Sridhar
I-T dept hikes threshold for filing appeals in courts, tribunal by officers | India News – Business Standard
https://www.business-standard.com/india-news/i-t-dept-hikes-threshold-for-filing-appeals-in-courts-tribunal-by-officers-124091800524_1.html Clipped from: https://www.business-standard.com/india-news/i-t-dept-hikes-threshold-for-filing-appeals-in-courts-tribunal-by-officers-124091800524_1.html It also said that an appeal should not be filed merely because the tax effect in a case exceeds prescribed the monetary
Create, register partition deed for legally binding property division | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/create-register-partition-deed-for-legally-binding-property-division-124091800888_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/create-register-partition-deed-for-legally-binding-property-division-124091800888_1.html To make the division legally binding, the partition deed must be registered with the relevant authority Photo: Shutterstock The Supreme Court ruled
RBI unlikely to cut rates in 2024 amid food inflation uncertainty: SBI | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-unlikely-to-cut-rates-in-2024-over-food-inflation-uncertainty-sbi-124091800672_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-unlikely-to-cut-rates-in-2024-over-food-inflation-uncertainty-sbi-124091800672_1.html The US Federal Reserve’s first cut in interest rates in more than four years is expected soon, triggering central banks in other