https://www.thehindu.com/business/Economy/cbdt-launches-campaign-to-intimate-taxpayers-on-mismatch-in-itr-filed-and-ais/article68997390.ece This campaign also targets individuals who have taxable income or significant high-value transactions reported in their AIS but have not filed ITRs for the
Author: Anil R Tikotekar
👍👍👍👍👍👍👍Capital Gain Exemption under section 54F on Investment in Multiple Units
https://taxguru.in/income-tax/capital-gain-exemption-section-54f-investment-multiple-units.html The Capital Gain Tax provisions under the Income Tax Act are not very comprehensive, often leaving taxpayers uncertain about their application. The lack of
👍👍👍👍👍👍👍Reasons disclosed to assessee for reassessment u/s. 148 cannot be improved subsequently: Delhi HC
https://taxguru.in/income-tax/reasons-disclosed-assessee-reassessment-u-s-148-improved-subsequently-delhi-hc.html Subhash Chander Dabas Vs ACIT (Delhi High Court) Delhi High Court held that validity of reassessment under section 148 of the Income Tax Act
👍👍👍👍👍Vocal on growth, silent on inflation – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/vocal-on-growth-silent-on-inflation/article69022618.ece Presently, the problem facing India’s economy is not the lack of growth; the problem lies in its inequitable distribution across the population, partly
👍👍👍👍👍Unincorporated establishments grew by around 23% in 2023-24, jobs registered 10% rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/unincorporated-establishments-grew-by-around-23-in-2023-24-jobs-registered-10-rise/article69023372.ece The total number of establishments in the sector increased to 7.34 crore in 2023-24 as against 6.5 crore in 2022-23 representing a healthy 12.84 per
👍👍👍GST reforms, a work in progress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-reforms-a-work-in-progress/article69024040.ece While decisions on treatment of health insurance and compensation cess are pending, incremental reforms are in evidence The GST Council, at its latest
👍👍👍👍👍Lending, good and bad – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/lending-good-and-bad/article69023260.ece Ambiguities in unregulated lending Bill, an issue The terms of the draft Bill on unregulated lending, for which public comments are being sought,
👍GST on sale of used and old EVs: The fineprint – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-on-sale-of-used-and-old-evs-the-fineprint/article69023548.ece The GST Council on July 21 recommended bringing sale of old and used electric vehicles (EVs) and smaller petrol and diesel cars on
👍India needs better regulatory oversight for AI, not a new law: Experts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/incoming/india-needs-better-regulatory-oversight-for-ai-not-a-new-law-experts/article69023449.ece ‘Regulatory gap analysis and stakeholder consultations for AI-related policies and advisories needed’ The mammoth beast of AI in India’s tech space may not
👍Amid outrage, govt says caramelised popcorn to stay at 5% GST in theatres | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/amid-cries-caramelised-popcorn-likely-to-remain-at-5-gst-in-theatres-124122401119_1.html Change in sale of old EVs a simplification measure Listen to This Article Amid outrage in the social media over 18 per cent
👍👍👍👍👍India’s consumption slowdown: A temporary dip or deeper concern?
Clipped from: https://www.business-standard.com/opinion/columns/india-s-consumption-slowdown-a-temporary-dip-or-deeper-concern-124122401180_1.html Stagnating wages, derivative losses, and rising debt burdens-India’s consumption story grapples with multiple challenges In recent weeks, a slowdown in private consumption has
NFRA flags deficiencies in BSR & Co’s audit of related party transactions | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/nfra-flags-deficiencies-in-bsr-co-s-audit-of-related-party-transactions-124122401176_1.html In a 13-page inspection report, NFRA found lapses related to auditing standards and compliance with the Companies Act 2013 The inspection report also
👍GST on old used cars only when sale price higher than depreciated value | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/gst-on-old-used-cars-only-when-sale-price-higher-than-depreciated-value-124122401045_1.html In any other cases, GST is payable only on the value that represents the margin of the supplier i.e. the difference between selling
👍The conundrum of repo rate arguments – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-conundrum-of-repo-rate-arguments/3698754/ Monetary policy always triggers debate as theoretical arguments on both sides: repo rate induces investment or repo rate lowers inflation are equally strong.
👍👍👍👍👍Why food prices are stubbornly high – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/why-food-prices-are-stubbornly-high/article69023942.ece Clipped from: https://www.thehindubusinessline.com/opinion/why-food-prices-are-stubbornly-high/article69023942.ece Despite record grain output, cereal inflation stayed high. Huge procurement and exports have led to a tight domestic supply situation India’s food
👍Apex MSME lender SIDBI’s direct lending book to grow over 80% by FY27: FinMin – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-apex-msme-lender-sidbis-direct-lending-book-to-grow-over-80-by-fy27-finmin-3699036/ SIDBI had a direct lending portfolio of Rs 26,826 crore as of March 31, 2024. The bank posted its highest-ever net profit of
👍Frequently Asked Questions: GST rate applicable on popcorn – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/frequently-asked-questions-gst-rate-applicable-on-popcorn/article69024012.ece The GST Council has recommended to issue a clarification on the rates applicable to popcorn following a recent storm that took over internet.
👍Google Drive uploads just got faster: Watch videos instantly — Details – Technology News | The Financial Express
Clipped from: https://www.financialexpress.com/life/technology-google-drive-uploads-just-got-faster-watch-videos-instantly-details-3699131/?ref=morelatest_hp Google Drive’s latest update lets you stream videos instantly post-upload. Experience the new speed now! Google will update the ability of playing videos
👍How Microsoft plans to reduce dependency on OpenAI – Technology News | The Financial Express
Clipped from: https://www.financialexpress.com/life/technology-how-microsoft-plans-to-reduce-dependency-on-openai-3699323/?ref=life_hp Explore Microsoft’s strategy to expand AI capabilities in Copilot 365 and reduce reliance on OpenAI. Learn more about their tech innovations! Microsoft plans
NBFCs and MSME Lending in India: A Key Partnership for Economic Growth – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-nbfcs-and-msme-lending-in-india-a-key-partnership-for-economic-growth-3699084/?ref=business_hp “NBFCs play a crucial role in supporting India’s MSMEs by addressing financing challenges and helping them drive economic and social growth.” “NBFCs are