Month: March 2026
Healthcare’s exit multiples – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/healthcares-exit-multiples/article70707687.ece Why curbs on PE investment in healthcare are vital Healthcare: Money matters | Photo Credit: ipopba When the patient becomes a line item:
GST registration rejection sparks concerns over procedural hurdles, says tax expert – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gst-registration-rejection-sparks-concerns-over-procedural-hurdles-says-tax-expert-519569-2026-03-07 A GST registration rejection involving a legal heir applying after the death of a sole proprietor has highlighted procedural hurdles faced by small
Budget 2026: NRIs get relief window to disclose overseas assets under Black Money Act – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/budget-2026-nris-get-relief-window-to-disclose-overseas-assets-under-black-money-act-519586-2026-03-07 The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026, aims to provide a calibrated settlement route for individuals facing potential action under the
No inheritance for mother under Indian Succession Act if son dies without creating a Will and is survived by his wife and children – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/no-inheritance-for-mother-under-indian-succession-act-if-son-dies-without-creating-a-will-and-is-survived-by-his-wife-and-children/articleshow/129133849.cms Listen to this article in summarized format The High Court of Karnataka ruled on February 2, 2026, that under Sections 32 and 33
Man sold land for Rs 3.21 crore, denied tax relief under Section 54F: Why ITAT Pune allowed full tax exemption – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/man-sold-land-for-rs-3-21-crore-denied-tax-relief-under-section-54f-why-itat-pune-allowed-full-tax-exemption/articleshow/129075269.cms The Income Tax Appellate Tribunal (ITAT) Pune on February 19, 2026 gave full tax exemption to Mr Gugale from Baramati, Pune after he sold his land for
No Fresh Reassessment after 4 years when Facts Were Fully Disclosed: ITAT [Read Order]
Clipped from: https://www.taxscan.in/top-stories/no-fresh-reassessment-after-4-years-when-facts-were-fully-disclosed-itat-1443546 Tribunal held that the reopening of assessment was based only on the Investigation Wing’s report without any independent application of mind by the
Can Criminal Proceedings be Initiated for Cash Transactions Above ₹2 Lakh? Allahabad HC to Examine S.269ST of Income Tax Act [Read Order]
Clipped from: https://www.taxscan.in/top-stories/can-criminal-proceedings-be-initiated-for-cash-transactions-above-2-lakh-allahabad-hc-to-examine-s269st-of-income-tax-act-1443655 The applicant sought the quashal of a charge-sheet and entire proceeding pending before a magistrate at Saharanpur The Allahabad High Court recently met
Income Tax Revision Order Unsustainable as PCIT Conducted No Independent Inquiry and AO Had Taken a Plausible View: ITAT [Read Order]
Clipped from: https://www.taxscan.in/top-stories/income-tax-revision-order-unsustainable-as-pcit-conducted-no-independent-inquiry-and-ao-had-taken-a-plausible-view-itat-1443705 ITAT Holds That Order Passed by PCIT Without Conducting Inquiry Is Not Sustainable in Law The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench,
STCG from Immovable Property Sale: ITAT Directs AO to Reassess alleged Sale with Additional Evidence [Read Order]
lipped from: https://www.taxscan.in/top-stories/stcg-from-immovable-property-sale-itat-directs-ao-to-reassess-alleged-sale-with-additional-evidence-1443629 The appellate tribunal held that such non-consideration could lead to an incomplete assessment of facts. Therefore it directed the Assessing Officer to reassess
RBI deploys about $12 billion to defend rupee amid West Asia war volatility – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rbi-spends-about-12-billion-to-defend-rupee-amid-west-asia-war-volatility/article70711553.ece The conflict in the Gulf has pushed crude oil prices up roughly 16 per cent this week, triggering foreign fund outflows from Indian
I-T Dept expands reporting framework by including crypto, CBDC – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/it-dept-expands-reporting-framework-by-including-crypto-cbdc/article70711651.ece Move aims to ensure that cross-border tax transparency keeps pace with the rapidly evolving digital financial landscape Crypto-asset service providers and certain financial
Unauthorised electronic banking transactions: Burden of proving customer liability in complaints will lie with the bank, says RBI – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/unauthorised-electronic-banking-transactions-burden-of-proving-customer-liability-in-complaints-will-lie-with-the-bank-says-rbi/article70712798.ece RBI mandates banks to prove liability in unauthorised electronic banking transactions Data scientists. Male programmer using laptop analyzing and developing in various information
Editorial. Reforms vindicated – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/reforms-vindicated/article70707955.ece Uptick in GST collections, a welcome trend shift GST collection rise indicates uptick in consumption | Photo Credit: bluebay2014 The revival in GST
Flipkart lays off 250-300 employees after reviewing performance | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/flipkart-cuts-300-jobs-after-performance-reviews-126030601049_1.html Layoffs affect roughly 2% of workforce as Walmart-backed e-commerce firm tightens operations and prepares for a potential IPO Flipkart Internet, the company’s marketplace
Women home loan borrowers: Co-borrowers must ensure they are co-owners | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/women-home-loan-borrowers-co-borrowers-must-ensure-they-are-co-owners-126030600657_1.html Besides enjoying a share in the property, this will make them eligible for tax benefit Additionally, some state governments offer lower stamp duty
RBI draft proposes up to ₹25,000 compensation for small digital frauds | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-draft-proposes-rs-25k-relief-for-small-value-digital-fraud-losses-126030601264_1.html RBI’s draft rules propose compensation of up to ₹25,000 for digital fraud losses of up to ₹50,000, even in cases of customer negligence,