Clipped from: https://taxguru.in/goods-and-service-tax/e-invoicing-gst-applicability-key-requirements.html E-Invoicing Under GST The GST Council, during its 37th meeting on September 20, 2019, recommended the phased implementation of electronic invoicing (referred to
Month: November 2024
👌👌👌👌👌Wills in India – Understanding Types, Laws and Benefits
Clipped from: https://taxguru.in/corporate-law/wills-india-understanding-types-laws-benefits.html What Is A Will? A Will is a legal document that sets forth the wishes of the person making it (the testator) regarding
👌👌👌👌👌CBDT notifies Monetary Limits for Interest Waiver under Section 220(2)
Clipped from: https://taxguru.in/income-tax/cbdt-notifies-monetary-limits-interest-waiver-section-2202.html The Central Board of Direct Taxes (CBDT) issued Circular No. 15/2024 on November 4, 2024, establishing monetary limits for income-tax authorities concerning the
👌👌👌👌👌👌👌Section 43B(h): Implications for MSME Payments Under Income Tax Act
Clipped from: https://taxguru.in/income-tax/section-43bh-implications-msme-payments-income-tax-act.html The Finance Act, 2023, has inserted section 43B(h) to facilitate timely payments to MSMEs by withholding deduction on account of delayed payments beyond
👌👌👌👌👌👌👌GST Case Law Compendium- October 24 Edition
Clipped from: https://taxguru.in/goods-and-service-tax/gst-case-law-compendium-october-24-edition.html The October 2024 GST Case Law Compendium covers pivotal judicial decisions from the High Court, GSTAT, Supreme Court, and CESTAT on varied GST
👌👌👌👌👌👌👌Understanding Income from House Property under Income Tax Act, 1961
Clipped from: https://taxguru.in/income-tax/understanding-income-house-property-income-tax-act-1961.html Summary: The Income Tax Act of India classifies income into five categories, one of which is “Income from House Property.” This category applies to
👌👌👌👌👌👌👌Negative Liability Statement for Regular Taxpayers: Here’s What GSTR-3B Filers Need to Know
Clipped from: https://www.taxscan.in/negative-liability-statement-for-regular-taxpayers-heres-what-gstr-3b-filers-need-to-know/453648/ The Goods and Services Tax Network ( GSTN ) has introduced a new facility that allows regular taxpayers to enter negative amounts in
👌👌👌👌👌👌👌NRIs can Transact through UPI Now: Know How
Clipped from: https://www.taxscan.in/upi-transactions-for-nris-a-comprehensive-guide/453500/ Understanding how NRIs can utilise UPI is important, especially as the global landscape evolves toward more digital and immediate banking solutions By Manu Sharma – On
Income Tax Rules Change– Interest can be waived or reduced by Income Tax authorities
Income Tax Rules Change: Now Authorities Can Waive Or Reduce Interest Due On Late Payment Of Taxes https://www.msn.com/en-in/autos/photos/income-tax-rules-change-now-authorities-can-waive-or-reduce-interest-due-on-late-payment-of-taxes/ar-AA1ty2FV?ocid=msedgntp&pc=DCTS&cvid=454bff12ca84490ea1a622606a3b3e0c&ei=57The income tax authorities have made changes in
👌Tighter H1B visa rules in Republican regime could hurt business for IT firms – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-tigher-h1b-visa-rules-in-republican-regime-could-hurt-business-for-it-firms-3656532/?ref=hometop_hp In 2020, the Trump administration introduced an interim final rule aiming to increase the required minimum salary for H-1B visa holders significantly, a
👌Last call for youth: Prime Minister Internship Scheme registration ends Nov 10, says MCA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/last-call-for-youth-prime-minister-internship-scheme-registration-ends-nov-10-says-mca/article68828854.ece MCA aims to onboard 1.25 lakh youth for internship under pilot scheme The registration window for young applicants on the dedicated portal under
👌GST circulars should be clear and easy to understand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-circulars-should-be-clear-and-easy-to-understand/article68829812.ece This will smoothen the assessment process and reduce the piling up of appeals at the Tribunals Monthly GST collections are becoming a sort
👌SEBI outsources arbitration, but at what cost? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/effects-of-sebi-outsourcing-arbitration/article68829245.ece The arbitrators who were previously assigned arbitration work are now being assigned conciliation work as well, albeit with a lower fee SEBI has
US elections and economic ties with China – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/us-elections-and-economic-ties-with-china/article68829796.ece Trump, if elected, has threatened to impose harsher tariffs on China. But that may hurt the US more If the recent trend in
👌Reforms on anvil? FM Nirmala Sitharaman reviews the Income Tax Act 1961 with senior officials – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/reforms-on-anvil-fm-nirmala-sitharaman-reviews-the-income-tax-act-1961-with-senior-officials-452496-2024-11-04 During the meeting, the Revenue Secretary apprised the finance minister that 6,500 suggestions have been received through the portal since it was opened
👌Income tax dept receives 6,500 suggestions on review of income tax act | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/income-tax-dept-receives-6-500-suggestions-on-review-of-income-tax-act-124110401230_1.html Public inputs and suggestions were invited in four categories simplification of language, litigation reduction, compliance reduction, and redundant/obsolete provisions Last month, the CBDT’s
Stock Market Crash: Sensex staring at another 3,000-pt fall, technical charts say | News on Markets – Business Standard
Clipped from: https://www.business-standard.com/markets/news/market-crash-sensex-staring-at-another-3-000-pt-fall-technical-charts-say-124110400298_1.html Charts suggest that the Sensex could slide down to 72,000 levels, in the worst-case scenario, wiping out all the gains made thus far
NFRA board to meet next week: Adoption of new audit rules on agenda | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/nfra-board-meeting-on-november-11-12-to-push-new-audit-standards-124110400845_1.html Sources said that the regulator could soon notify the new standards for select entities Listen to This Article The next board meeting of
Incremental CD ratio moderates to 77.7%, lowest in nearly 30 months | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/incremental-cd-ratio-moderates-to-77-7-lowest-in-nearly-30-months-124110401169_1.html Meanwhile, the outstanding CD ratio has moderated to 79 per cent from 80.3 per cent in March 2024 Image: Bloomberg Listen to This
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