Month: May 2025
‘One price shock…’: India’s $2 trn gold hoard is a ticking bomb, warns hedge fund manager – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/investment/story/one-price-shock-indias-2-trn-gold-hoard-is-a-ticking-bomb-warns-hedge-fund-manager-478507-2025-05-31 “Gold loan borrowers face auction risk when prices fall,” Aittreya said. “Citizens bear the ultimate risk—with zero protection.” While schemes like Gold Monetization
*******HC held that the Assessing Officer could not reopen the …
Clipped from: https://www.taxmanagementindia.com/web/tmi_highlights_details.asp?id=88912 HC held that the Assessing Officer could not reopen the assessment merely on a change of opinion. The court found that the petitioner
*******Reopening quashed as information in notice is ambiguous and fails to establish live link with evidence
Clipped from: https://taxguru.in/income-tax/reopening-quashed-information-notice-ambiguous-fails-establish-live-link-evidence.html Pranav Ramesh Pariikh Vs DCIT (Gujarat High Court) Gujarat High Court held that reopening of assessment under section 148 of the Income Tax
*******Matter restored to CIT(A) as personal hearing notice was sent via email inspite of specifically opting out
lipped from: https://taxguru.in/income-tax/matter-restored-cit-a-personal-hearing-notice-email-inspite-specifically-opting.html Sarita Konda Vs ITO (ITAT Raipur) ITAT Raipur restored the matter to the file of CIT(A) for fresh adjudication as intimation of fixation
***अग्रलेख: एक ग्रहण सुटले…!
Clipped from: https://www.loksatta.com/sampadkiya/editorial/loksatta-editorial-about-entrepreneur-elon-musk-announced-his-exit-from-white-house-zws-70-5121584/ …त्यामुळेच मस्क यांस ‘आता व्हाइट हाऊस सोडायला हवे’ अशी इच्छा जाहीरपणे व्यक्त करावी लागली. प्रत्येक टप्प्यावर आपले प्रतिगामित्व सिद्ध करणाऱ्या मस्क यांच्या उत्पादनांवर
***अग्रलेख : कोणास ‘शक्ती’; कोणाचे ‘पीठ’?
Clipped from: https://www.loksatta.com/sampadkiya/editorial/loksatta-editorial-on-controversy-over-shaktipeeth-highway-zws-70-5114436/ या अशा निर्णयांतून राजकीय हिताखेरीज काय साध्य झाले याचे उत्तर मागण्याची प्रथा नाही आणि व्यवस्थाही नाही… प्रातिनिधिक छायाचित्र शक्तिपीठ महामार्गाची गरज काय, लाभ
***अग्रलेख : बुड बुड नगरीत बुडबुडे!
Clipped from: https://www.loksatta.com/sampadkiya/editorial/loksatta-editorial-on-politics-over-waterlogging-in-mumbai-due-to-heavy-rain-zws-70-5117089/ अग्रलेख: बुड बुड नगरीत बुडबुडे! नदीपात्रे, फ्लेमिंगोंची वसतिस्थाने, मिठागरे… हे सारे या ‘बिल्डरकेंद्री’ विकासासाठी देणारी शहरे एखाद्या मोठ्या पावसाने घायकुतीला येणारच… आपल्या शहरांचे
*******Pune activist’s bitter battle to bring epilepsy under health insurance cover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/pune-activists-bitter-battle-to-bring-epilepsy-under-health-insurance-cover/article69633741.ece Meet Yashoda Wakankar who has lodged a PIL against IRDAI for excluding the neurological disorder Yashoda Wakankar, Founder of Sanvedana For Yashoda Wakankar,
*******Misleading debate on RBI draft gold loan norms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/misleading-debate-on-rbi-draft-gold-loan-norms/article69634473.ece The proposed lending and collateral directives are fair to all parties concerned. The current debate misses basic issues Gold loan draft norms have
*******Finance Ministry urges RBI to delay gold loan rules to Jan 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/finmin-hopes-rbi-will-consider-all-concerns-before-finalising-new-gold-loan-regulations/article69636433.ece The Ministry, guided by Finance Minister Nirmala Sitharaman, also suggested exemptions for small borrowers (under ₹2 lakh) Responding to concerns raised by Tamil
*******Taxpayers can now use Excel utility to file ITR-1, ITR-4 for AY 2025-26 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/taxpayers-can-now-use-excel-utility-to-file-itr-1-itr-4-for-ay-2025-26/article69636493.ece These forms are now available for reporting income earned between April 1, 2024, and March 31, 2025, with the filing deadline set for
*******Yen for growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/yen-for-growth/article69633331.ece Euphoria over GDP size should be tempered with realism India’s GDP growth is commendable but inequality needs to be tackled | Photo Credit:
Finance ministry seeks relaxation in RBI’s new gold loan proposals | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/finance-ministry-seeks-relaxation-in-rbi-s-new-gold-loan-proposals-125053000458_1.html In April this year, the RBI had proposed tighter rules for monitoring and disbursement of gold loans, often used by low-income borrowers The
Gemini AI For Video: Gemini AI can answer questions about videos saved in Google Drive and Summarise | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/now-gemini-ai-can-answer-questions-about-videos-saved-in-google-drive-125053000586_1.html Moreover, Gemini AI in Google Drive can now summarise videos, letting users quickly extract key info from meetings, classes, and announcements without watching
*******Eight years on, RERA long on promise, short on delivery – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/eight-years-on-rera-long-on-promise-short-on-delivery-3862115/ Eight years since its launch, RERA has improved real estate transparency but suffers from weak enforcement, data overload, and uneven state implementation. While
*******ITR Filing: Excel utilities for ITR-1, ITR-4 released; Check if you can use them to file Income Tax Return – Income Tax News | The Financial Express
lipped from: https://www.financialexpress.com/money/income-tax-itr-filing-excel-utilities-for-itr-1-itr-4-released-check-if-you-can-use-them-to-file-income-tax-return-3862422/ Taxpayers can download these utilities, fill in their income details offline, validate the information, and then generate a JSON file. The Income Tax Department has
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