Month: September 2024
👌👌👌A provision fraught with practical problems – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/a-provision-fraught-with-practical-problems/article68675007.ece Section 107 of the BNSS gives unbridled powers to the court to not only attach any property (on the request of the police
GST officers detect 10,700 bogus firms, over Rs 10K crore evasion | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/gst-officers-detect-10-700-bogus-firms-over-rs-10k-crore-evasion-124092400519_1.html Speaking at an Assocham event, Shashank Priya also said that in future, the tax authorities may also put certain restrictions on new taxpayers
Deduction u/s. 80P(2)(d) admissible on interest earned from investment with Co-operative Banks: ITAT Mumbai
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-admissible-interest-earned-investment-co-operative-banks-itat-mumbai.html Laburnum Mahindra Gardens Co. Op. Hsg. Limited Vs ITO (ITAT Mumbai) ITAT Mumbai held that deduction under section 80P(2)(d) of the Income Tax
👌👌👌👌👌👌👌GST on Real Estate Sector: Key Rules and Rates
Clipped from: https://taxguru.in/goods-and-service-tax/gst-real-estate-sector-key-rules-rates.html Summary: The implementation of GST in India has significantly impacted the real estate sector, with varying tax rates based on the type of property
Section 80P(2)(d) Deduction Allowed for Interest from Co-operative Bank Deposits
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-admissible-interest-earned-deposits-co-operative-banks.html Salestax Employees Co- Operative Credit Society Ltd. Vs ACIT (ITAT Ahmedabad) ITAT Ahmedabad held that interest income earned from deposits with Cooperative Banks
Expert Committee to discuss package rate revisions, expansion of insurance coverage under Ayushman Bharat – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/expert-committee-to-discuss-package-rate-revisions-expansion-of-insurance-coverage-under-ayushman-bharat/article68674150.ece Expert committee led by Dr VK Paul to discuss revising Ayushman Bharat package rates and insurance coverage increase The Ayushman Bharat scheme, which
Retail credit growth moderated in Q1 as lenders tightened personal loans supply: TransUnion CIBIL – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/retail-credit-growth-moderated-in-q1-as-lenders-tightened-personal-loans-supply-transunion-cibil/article68675066.ece NTC consumer share hits record low Retail credit growth moderated in the first quarter as lenders tightened personal loan supply even as the
👌👌👌👌👌👌👌Tax Benefits for NRIs on Income earned in India or Outside India
Clipped from: https://taxguru.in/income-tax/tax-benefits-nris-income-earned-india-outside-india.html Tax Benefits for NRIs on Income earned in India or Outside India : Key Exemptions and Insights from Renowned Tax Experts Let’s talk
👌👌👌👌👌FAQs on Vivad se Vishwas Scheme 2024
Clipped from: https://taxguru.in/income-tax/faqs-vivad-se-vishwas-scheme-2024.html Summary: The Vivad Se Vishwas Scheme, 2024 has been introduced to expedite the resolution of tax disputes and reduce litigation, following the success of
👌👌👌👌👌Capital Gain Tax Exemption on Property under Redevelopment
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-exemption-property-redevelopment.html 1. Redeveloping old buildings and societies is gaining momentum in major cities like Mumbai, Delhi-NCR, Surat, Bengaluru etc. Mumbai, India’s financial capital, is
👌👌👌👌👌GST on Renting of Immovable Property: Applicability, Exemptions & Taxability
Clipped from: https://taxguru.in/goods-and-service-tax/gst-renting-immovable-property-applicability-exemptions-taxability.html The Goods and Services Tax (GST) on renting of immovable property is governed by specific provisions under the CGST Act, 2017. Renting or leasing
👌👌👌👌👌FAQs on Invoice Management System (IMS) in GST Portal
Clipped from: https://taxguru.in/goods-and-service-tax/frequently-asked-questions-ims.html The Invoice Management System (IMS) is a GST portal feature designed to streamline invoice handling for taxpayers. IMS allows recipients to accept, reject,
Is GST Registration Cancellation a ‘Capital Punishment’ for Traders?
Clipped from: https://www.taxscan.in/is-gst-registration-cancellation-a-capital-punishment-for-traders-analyzing-madras-hcs-insight/438907/ The cancellation of Goods and Services Tax ( GST ) registrations has emerged as a significant challenge for many small traders and businesses
Repo and Reverse Repo Rate:रेपो आणि रिव्हर्स रेपोदराचा परिणाम
Clipped from: https://www.esakal.com/premium-article/difference-between-repo-rate-and-reverse-repo-rate-definition-meaning-effect-on-life-explained-marathi-skp29 ॲड. प्रतिभा देवी भारतीय रिझर्व्ह बँकेची पतधोरण समिती दर दोन महिन्यांनी पतधोरण जाहीर करते, तेव्हा सर्वांचे लक्ष रेपोदराकडे लागलेले असते. पतधोरणात रेपोदर वाढणार,
Cement industry faces production cuts amidst continued weak demand, delayed project awards and extended monsoons – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/cement-industry-faces-production-cuts-amidst-continued-weak-demand-delayed-project-awards-and-extended-monsoons/article68670405.ece in view of persistent poor demand and stalled projects or delayed award of contracts, following extended monsoons September 22: Cement-makers across North, Central
👌AI will spur new jobs, roles but may impact repetitive, commoditised tasks: Deloitte South Asia CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/ai-will-spur-new-jobs-roles-but-may-impact-repetitive-commoditised-tasks-deloitte-south-asia-ceo/article68673305.ece Deloitte South Asia CEO Romal Shetty says he sees AI as a huge opportunity rather than an absolute challenge The advent of artificial intelligence
Three out of four users will leave UPI if transaction fee is levied: Survey – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-three-out-of-four-users-will-leave-upi-if-transaction-fee-is-levied-survey-3618528/?ref=hometop_hp In contrast, only about 22% of users expressed a willingness to pay transaction fees on UPI transactions, according to a survey conducted by
👌Air India takes on competition with new products, improved service – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/air-india-takes-on-competition-with-new-products-improved-service/article68670778.ece Air India’s consolidated international market share is 24 per cent and the airline aims to grow it further with network expansion and service
Edible oil tariffs must balance farmer, consumer needs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/edible-oil-tariffs-must-balance-farmer-consumer-needs/article68670383.ece Curbs on edible oil exports must be relaxed so that farmers have the freedom to capitalise on global market opportunities, just as consumers
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