Clipped from: https://www.taxscan.in/annual-digest-supreme-court-and-high-court-cases-on-taxation-part-16/468447/ This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported
Author: Anil R Tikotekar
👍👍👍👍👍Fed’s rate cuts reflect uncertainty amid Trump’s tariff policies, inflation | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/fed-s-rate-cuts-reflect-uncertainty-amid-trump-s-tariff-policies-inflation-124122001432_1.html Mr Powell brought to Wednesday’s press conference details from 2018 Fed research that suggested looking past tariff-induced inflation Credit: Bloomberg By Jonathan Levin
RBI’s many roles hinder core monetary policy mandate, resolution is crucial | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/rbi-s-many-roles-hinder-core-monetary-policy-mandate-resolution-is-crucial-124121901351_1.html Most central banks (CB) are narrowly focused on monetary policy. The RBI has a sprawling mandate. The trouble is these roles contain many
Fed’s rate cut disappoints markets, sticky inflation adds to global woes | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/fed-s-rate-cut-disappoints-markets-sticky-inflation-adds-to-global-woes-124121901431_1.html FOMC projections, dollar surge, and policy uncertainties pressure emerging markets Listen to This Article Adjusting to changing policy realities is often difficult for
👍👍👍👍👍Need to guard against risks of currency appreciation: RBI MPC member Kumar | Interviews – Business Standard
Clipped from: https://www.business-standard.com/economy/interviews/need-to-guard-against-risks-of-currency-appreciation-rbi-mpc-member-kumar-124122001128_1.html Says expanding the manufacturing sector could also help in containing inflationary pressures by enhancing the supply capacity Nagesh Kumar, RBI MPC member Listen
1👍👍👍👍👍👍👍Income Tax tribunal paves way for double deduction claims – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/income-tax-tribunal-paves-way-for-double-deduction-claims/article68557951.ece Income Tax Appellate Tribunal allows simultaneous deduction claims under Section 54 and 54F in Ramdas Sitaram Patil vs ACIT case In Ramdas Sitaram Patil vs
👍👍👍👍👍Fed’s hawkish turn could trouble emerging economies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/feds-hawkish-turn-could-trouble-emerging-economies/article69004860.ece Financial markets are unhappy that interest rates are expected to remain elevated until 2026 The Federal Open Market Committee’s December meeting was among
Cigarette pack, gutaka pouch to soon have new mark to check GST evasion – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cigarette-pack-gutaka-pouch-to-soon-have-new-mark-to-check-gst-evasion/article69014951.ece Tobacco products are the fifth largest contributor in total GST contribution, with around 5 per cent share A cigarette pack or gutaka pouch
GST Council defers key decisions, tackles complexity of tax system | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/gst-council-defers-key-decisions-tackles-complexity-of-tax-system-124122200605_1.html It was clarified that ready-to-eat popcorn mixed with salt and spices attracted a 5 per cent GST rate. It attracts a 12 per
GST Council defers key decisions, tackles complexity of tax system
Clipped from: https://www.business-standard.com/opinion/editorial/gst-council-defers-key-decisions-tackles-complexity-of-tax-system-124122200605_1.html It was clarified that ready-to-eat popcorn mixed with salt and spices attracted a 5 per cent GST rate. It attracts a 12 per
2024 financial wrap: Inflation, GDP, and RBI’s regulatory vigilance | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/2024-financial-wrap-inflation-gdp-and-rbi-s-regulatory-vigilance-124122200185_1.html The overarching theme of this year has been the RBI’s new approach to vigilance Photo: Bloomberg As 2024 comes to a close, let’s
👍Banks urge RBI to extend deadline for overlapping lending rules – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-banks-urge-rbi-to-extend-deadline-for-overlapping-lending-rules-3697677/?ref=hometop_hp The banking sector regulator issued a draft circular on ‘forms of business and prudential regulations for investments’ in October, stating that only a
Can Trump save dollar hegemony? – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/can-trump-save-dollar-hegemony/3696676/ If Trump were to retaliate against the BRICS with 100% tariffs, the move could backfire. To be sure, a gradual global shift away
India to see a surge in AI applications in 2025: Nasscom – Digital Transformation News | The Financial Express
Clipped from: https://www.financialexpress.com/business/digital-transformation-india-to-see-a-surge-in-ai-applications-in-2025-nasscomnbsp-3697715/ The adoption of AI among Indian enterprises is progressing from proof-of-concept stages to full-scale production, particularly in the fintech and healthcare sectors, according
👍Ayushman Bharat Yojana: Hospitals denying you treatment despite having Ayushman Card? Govt suggests THIS – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/ayushman-bharat-yojana-hospitals-denying-you-treatment-despite-having-ayushman-card-govt-suggests-this-3697687/ Here’s how the government addresses grievances under Ayushman Bharat Yojana when hospitals deny treatment to eligible beneficiaries with an Ayushman Card. Ayushman Bharat
How skilling will change in five years – Education News | The Financial Express
Clipped from: https://www.financialexpress.com/jobs-career/education-how-skilling-will-change-in-five-years-3697706/ ‘The world is driven by change, especially in technological innovation and global commerce, hence in five years to come there will be a
Das pitched for inflation-growth balance at his last MPC meet – Economy News | The Financial Express
Clipped from: https://www.financialexpress.com/policy/economy-das-pitched-for-inflation-growthnbspbalance-at-his-last-mpc-meetnbspnbsp-3696966/ Lower inflation will enhance households’ disposable income and increase their purchasing power and this approach would support consumption and investment demand, Das said.
Gemini 2.0 Flash Thinking: Google’s new reasoning model can show ‘thoughts’ – BusinessToday
Clipped from: https://www.businesstoday.in/technology/news/story/gemini-20-flash-thinking-googles-new-reasoning-model-can-show-thoughts-to-rival-openai-o1-458118-2024-12-21 Google steps up its AI game with a groundbreaking reasoning model designed to show its “thought process.” Google’s Gemini AI chatbot told a
Can you explain critical illness riders, including covered illnesses, payouts, and key conditions to consider? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/can-you-explain-critical-illness-riders-including-covered-illnesses-payouts-and-key-conditions-to-consider-458170-2024-12-21 A critical illness plan is a type of insurance that provides financial support if you’re diagnosed with a severe illness. It generally covers
‘India will always be a third-world country if…’: Sushant Sareen blasts ‘brainless bureaucracy’ over 18% GST on caramel popcorn – BusinessToday
Clipped from: https://www.businesstoday.in/india/story/india-will-always-be-a-third-world-country-if-sushant-sareen-blasts-brainless-bureaucracy-over-18-gst-on-caramel-popcorn-458191-2024-12-22 Ready-to-eat popcorn which is mixed with salt and spices attracts 5 per cent GST. But caramalised popcorn will be taxed at 18% Finance