Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tricky-times/article70226099.ece U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in
Day: October 31, 2025
*****India’s Labour Codes: Transformative step towards inclusive economic growth
Clipped from: https://www.business-standard.com/opinion/columns/india-s-labour-codes-transformative-step-towards-inclusive-economic-growth-125103001665_1.html If we implement with speed, transparency and collaboration, the Codes can anchor India’s next growth chapter Land and labour are foundational to India’s
*******Educate seniors on digital arrest scams; urge them to seek timely help
Clipped from: https://www.business-standard.com/finance/personal-finance/educate-seniors-on-digital-arrest-scams-urge-them-to-seek-timely-help-125103101136_1.html Remind elders that genuine officials never demand money or threaten arrests over the phone or video call A digital arrest is a cyber
*****Bank nomination process to credit card fees: Finance rule changes in Nov | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/bank-nomination-process-to-credit-card-fees-finance-rule-changes-in-nov-125103101173_1.html Financial institutions will update terms of various products and services for customer convenience On average, families in the segment earn about ₹33,000 a
*CBIC issues rules allowing voluntary correction of customs entries | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/cbic-voluntary-correction-customs-entries-rules-fee-electronic-applications-125103101241_1.html The Board amended the Levy of Fees (Customs Documents) Regulations, 1970 to introduce a ₹1,000 fee for each electronic application filed under the
Teenage girls at highest risk as women make up 61% of Delhi’s missing cases | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/teenage-girls-at-highest-risk-as-women-make-up-61-of-delhi-s-missing-cases-125103101330_1.html The data collected from the beginning of this year through mid-October highlighted that women and girls together form the most affected category among
*******Why your bank deposits, withdrawals high value transactions are under Tax Dept’s lens – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/why-your-bank-deposits-withdrawals-high-value-transactions-are-under-tax-depts-lens-499489-2025-10-24 Frequent or high-value transactions in savings accounts are increasingly being tracked by the Income-tax Department, as data-driven monitoring systems flag inconsistencies between declared
*******Can I gift mutual funds without attracting capital gains tax? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/can-i-gift-mutual-funds-without-attracting-capital-gains-tax/articleshow/124872551.cms Have a question for the experts? etwealth@timesgroup.com Our panel of experts will answer questions related to any aspect of personal finance. If you
*Banks Must Produce Original Mortgage Documents in Fraud Probes: Karnataka HC
Clipped from: https://taxguru.in/corporate-law/banks-produce-original-mortgage-documents-fraud-probes-karnataka-hc.html Canara Bank Vs State of Karnataka (Karnataka High Court) “No Shield in Mortgage” — Originals Must Be Shown When Fraud Is Probed- Karnataka
*****Reassessment Cannot Survive Once Recorded Reasons Fail: Delhi HC [Read Order]
Clipped from: https://www.taxscan.in/top-stories/reassessment-cannot-survive-once-recorded-reasons-fail-delhi-hc-1435980?TRN300=cEBwzPsDCadlBdIVKdvMskwwAsJuwdMkdiVbuvMHwZGMVuFsYMskJIuMbMSACX&LKD333=3115469 The Court’s ruling was based on the reasons recorded for reopening, which were central to establishing that the foundation for reassessment was invalid.
*****Section 50C applicable Only on Transfer of Immovable Property Compared with Stamp Duty Value: ITAT [Read Order]
Clipped from: https://www.taxscan.in/top-stories/section-50c-applicable-only-on-transfer-of-immovable-property-compared-with-stamp-duty-value-itat-1435982?TRN300=cEBwzPsDCadlBdIVKdvMskwwAsJuwdMkdiVbuvMHwZGMVuFsYMskJIuMbMSACX&LKD333=3115508 It further observed that in the husband’s identical case, the CIT(A) had already ruled that Section 50C was inapplicable, and that decision had
*******FAQs on Annual Information System (AIS) & Taxpayer Information Summary (TIS)
Clipped from: https://taxguru.in/income-tax/faqs-annual-information-system-aistaxpayer-information-summary-tis.html The Annual Information Statement (AIS) is a comprehensive statement made available to the assessee under Section 285BB of the Income-tax Act. Its purpose is to
*******FAQs on Faceless Income-tax Proceedings
Clipped from: https://taxguru.in/income-tax/faqs-faceless-income-tax-proceedings.html The Income Tax Department has introduced ‘e-proceedings’ and ‘Faceless Assessments’ as part of an e-governance initiative to digitize and simplify taxpayer interaction. The e-proceedings functionality allows the assessing authority
*******FAQs on Penalty provisions under Income Tax Act, 1961
lipped from: https://taxguru.in/income-tax/faqs-penalty-provisions-income-tax-act-1961.html The Income Tax Act prescribes several penalties for non-compliance, defaults, or misreporting by taxpayers under various sections. Under Section 221, a penalty may be
*******FAQs on Disallowance of cash expenses or limit on cash transactions
lipped from: https://taxguru.in/income-tax/faqs-disallowance-cash-expenses-limit-cash-transactions.html Indian income tax law includes several provisions to restrict cash transactions and encourage digital payments, applying limits and imposing penalties on non-compliant expenditure,
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