Clipped from: https://www.business-standard.com/economy/news/india-inc-sends-mixed-signals-on-h2-fy25-capital-expenditure-path-124110401044_1.html Minutes from the October MPC show the RBI’s optimism about private investments picking up Listen to This Article After subdued earnings in the
Month: November 2024
👌👌👌👌👌👌👌LTCG exemption cannot be denied for mere suspicion without concrete evidence
Clipped from: https://taxguru.in/income-tax/ltcg-exemption-denied-mere-suspicion-concrete-evidence.html Bhavna Lalit Jain Vs ITO (ITAT Mumbai) In a recent ruling, the Income Tax Appellate Tribunal (ITAT) in Mumbai reversed the additions made
👌SC on liability of banker for allowing operation of locker restrained by Income Tax Department
Clipped from: https://taxguru.in/income-tax/sc-liability-banker-allowing-operation-locker-restrained-income-tax-department.html HDFC Bank Ltd. Vs State of Bihar & Ors. (Supreme Court of India) Whether a banker can be held liable for erroneously allowing locker
👌CESTAT Rules Mere Non-Payment of Service Tax Not Suppression of fact
Clipped from: https://www.taxscan.in/mere-non-payment-of-service-tax-not-suppression-of-fact-cestat-quashes-order-under-extended-limitation-read-order/453127/ The appellant referred to precedents where it was held that non-disclosure alone does not equate to suppression unless it is accompanied by deliberate
👌ITAT Upholds Deletion of Additions u/s 68 Due to Sufficient Cash Balance
Clipped from: https://www.taxscan.in/itat-upholds-citas-deletion-of-additions-u-s-68-citing-sufficient-cash-balance-and-lack-of-evidence-for-accommodation-entries-read-order/453097/ The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals)[CIT(A)]’s decision to delete additions made under Section
Gauhati HC Holds Summary of SCN in GST DRC 01 Not same as SCN u/s 73 (1) of CGST Act
Clipped from: https://www.taxscan.in/summary-of-scn-in-gst-drc-01-not-same-as-scn-u-s-73-1-of-cgst-act-gauhati-hc-read-order/452992/ The court held that the Show Cause Notice to be issued in terms with Section 73 [1] of the Central Act or State
👌Banks’ NIM falls in Q2 as RBI penal charge diktat takes effect, deposit cost rises – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-nim-falls-in-q2-as-rbi-penal-charge-diktat-takes-effect-deposit-cost-rises/article68825631.ece Bankers expect pressure on NIM to continue in Q3 Large and mid-sized banks have seen a fall in their net interest margin (NIM)
👌👌👌Eye on debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/eye-on-debt/article68825261.ece Centre, States should augment revenue to bring down debt As the global economy begins stabilising after the pandemic-led disruption, the focus is shifting
👌Bull run takes personal loans against shares to record highs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/bull-run-takes-personal-loans-against-shares-to-record-highs/article68825677.ece The strong surge in stock markets since the pandemic and increase in retail participation has taken bank loans against shares to the highest
👌👌👌Safeguard your trip abroad with travel insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/safeguard-your-trip-abroad-with-travel-insurance/article68826465.ece Choose the right policy based on your requirements; for an ideal deal, compare policies, premiums, features and benefits online and choose the one
👌Buying a cardiac plan? Check waiting periods and co-payment requirements
Clipped from: https://www.business-standard.com/finance/personal-finance/buying-a-cardiac-plan-check-waiting-periods-and-co-payment-requirements-124103101010_1.html Customers should also watch out for sub-limits on room rent and specific treatments Heart disease In recent years, heart disease has become one
👌DGFT surprises exporters with annual returns under the Rodtep scheme | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/dgft-surprises-exporters-with-annual-returns-under-the-rodtep-scheme-124110300654_1.html The DGFT wants the exporters to submit the data for the year 2023-24 by the March 31, 2025. Not furnishing the ARR will
Health cover: Capacity for Ayushman Bharat PM-JAY needs to be expanded
Clipped from: https://www.business-standard.com/opinion/editorial/health-cover-capacity-for-ayushman-bharat-pm-jay-needs-to-be-expanded-124110300572_1.html Though the PM-JAY has seen some reduction in out-of-pocket (OOP) medical expenditure, studies show it has not brought down the financial risks significantly
👌👌👌👌👌करावे कर समाधान : नवीन घरातील गुंतवणूक आणि कर सवलत
Clipped from: https://www.loksatta.com/business/personal-finance/new-home-investment-and-tax-exemption-print-eco-news-ssb-93-4687722/ अल्प आणि दीर्घमुदतीच्या भांडवली नफ्यावरील कराच्या आकारणीत आमूलाग्र बदल झाले आहेत. हे आपण मागील काही लेखांमधून समजून घेतले. संपत्ती अल्प किंवा दीर्घमुदतीची ही
👌👌👌Bill to raise insurance FDI, launch composite licence in winter session – Economy News | The Financial Express
Clipped from: https://www.financialexpress.com/policy/economy-bill-to-raise-insurance-fdi-launch-composite-licence-in-winter-session-3655504/?ref=hometop_hp Among other changes that will lead to the growth of insurance penetration in the country, capital requirements may be lowered for micro-insurance players.
👌👌👌👌👌P Chidambaram writes: Fasten your seat belt | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/p-chidambaram-writes-fasten-your-seat-belt-9650431/ Inflation is not yet on the path toward the target rate of 4 per cent. Food and fuel prices complicate matters. Both do
👌👌👌👌👌GST frauds multiply: Officials grapple with widespread evasion, complex scams | Business News – The Indian Express
Clipped from: https://indianexpress.com/article/business/gst-frauds-multiply-officials-grapple-with-widespread-evasion-complex-scams-9651890/?ref=latestnews_hp Over seven years after the rollout of GST in July 2017, authorities are still grappling with multiple such instances of GST frauds, involving
‘Can cause serious health threats’: Swiggy-PharmEasy’s 10-minute medicine delivery sparks alarm among chemists’ association – BusinessToday
Clipped from: https://www.businesstoday.in/industry/story/can-cause-serious-health-threats-swiggy-pharmeasys-10-minute-medicine-delivery-sparks-alarm-among-chemists-association-452374-2024-11-03 In a letter to the Drugs Controller General of India (DCGI), AIOCD warned that the rapid delivery model could potentially violate Indian drug
My mother has to undergo chemotherapy sessions . Do I need to take insurance approval for each session? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/my-mother-has-to-undergo-chemotherapy-sessions-do-i-need-to-take-insurance-approval-for-each-session-452327-2024-11-03 In the event of a medical emergency necessitating immediate chemotherapy, obtaining pre-approval may not be possible. In such cases, promptly notifying the insurance
👌👌👌👌👌👌👌Immovable Property Sold at less than Stamp Duty Value – Tax Impact on Seller
Clipped from: https://taxguru.in/income-tax/immovable-property-sold-stamp-duty-tax-impact-seller.html Income-Tax Implications for the Sellers, if any Immovable Property is Sold for a consideration less than Stamp Duty Value When any person sells