Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/are-your-advance-tax-payments-on-course/article68926896.ece With the December 15 deadline fast approaching, a lowdown on advance tax quarterly payments December 15, the deadline for payment of the next
Author: Anil R Tikotekar
👌👌👌👌👌Are rates stressful or are we barking up the wrong tree? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/incoming/are-rates-stressful-or-are-we-barking-up-the-wrong-tree/article68928417.ece Beyond the fickle headlines of strong growth, there is a profusion of distress among households with respect to productive employment and real incomes,
👌👌👌Service Tax Demand Cannot Be Solely Based on Oral Statements: CESTAT Ahmedabad
Clipped from: https://taxguru.in/service-tax/service-tax-demand-solely-based-oral-statements-cestat-ahmedabad.html Krish Corporation Vs Commissioner of C.E. & S.T.-Surat-i (CESTAT Ahmedabad) Demand cannot be raised solely based on the oral statement of witness without
👌👌👌👌👌Procedure for Relief from Demand under Section 16(4) of CGST
Clipped from: https://taxguru.in/goods-and-service-tax/procedure-relief-demand-section-164-cgst.html Summary: The recent amendment to Section 16 of the CGST Act introduces provisions for claiming Input Tax Credit (ITC) for taxpayers who faced demand
👌👌👌👌👌👌👌No Section 54 Exemption for Plywood Structures: Delhi HC
https://taxguru.in/income-tax/exemption-u-s-54-admissible-structure-putting-plywood-sheets-delhi-hc.html Clipped from: https://taxguru.in/income-tax/exemption-u-s-54-admissible-structure-putting-plywood-sheets-delhi-hc.html Sandeep Hooda Vs PCIT (Delhi High Court) Delhi High Court held that putting together a structure of plywood sheets cannot be construed
👌👌👌👌👌Case Digest on IGST Refund
Clipped from: https://www.taxscan.in/case-digest-on-igst-refund/382496/ Under GST, Exports and supplies to SEZ are zero rated as per section 16 of the IGST Act, 2017. By zero rating it
👌👌👌👌👌Expiry of E-way Bill under CGST Act: A Complete Case Digest
Clipped from: https://www.taxscan.in/expiry-of-e-way-bill-under-cgst-act-a-complete-case-digest/419404/ The E-way bill system under GST ensures smooth movement of goods across India with proper documentation. Understanding the validity and extension process of
👌👌👌👌👌GST Case Digest on Rejection of ITC Claims based on GSTR-2A vs GSTR-3B Mismatch
Clipped from: https://www.taxscan.in/gst-case-digest-on-rejection-of-itc-claims-based-on-gstr-2a-vs-gstr-3b-mismatch/404733/ GSTR-3B is a summary return that taxpayers need to file monthly. It includes a summary of outward supplies, Input Tax Credit claimed, tax liability, and
👌👌👌👌👌Case Digest on Retrospective Cancellation of GST Registration
Clipped from: https://www.taxscan.in/case-digest-on-retrospective-cancellation-of-gst-registration/393386/ Cancellation of GST Registration means the permanent closure of the GSTIN in some circumstances such as closure/transfer/change in constitution of the business etc. and it can be
👌👌👌👌👌Complete Case Digest on Wrongful Availment of ITC
Clipped from: https://www.taxscan.in/complete-case-digest-on-wrongful-availment-of-itc/412888/ As per the GST provisions, if an entity wrongly avails Input Tax Credit ( ITC ) but hasn’t utilised it, it must reverse
👌👌👌👌👌Case digest on Section 16(4) of CGST Act
Clipped from: https://www.taxscan.in/case-digest-on-section-164-of-cgst-act/386057/ The Section 16 (4) of CGST Act is defined as a specified time frame in which a registered taxpayer is required to claim
👌👌👌👌👌Time to tackle the mounting debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-tackle-the-mounting-debt/article68923958.ece India’s debt-to-GDP ratio is higher than the global and EM average and needs to be addressed jointly by the Centre and States News
👌👌👌👌👌Why American governments dislike India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-american-governments-dislike-india/article68924061.ece Key factors: They don’t like to be defied, can’t accept India’s rise, and American firms not allowed to make much money here “Once
Editorial-‘Personal’ trends in income tax – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/personal-trends-in-income-tax/article68924069.ece Agriculture income and the super-rich should be taxed The Income Tax Department of the Central Board of Direct Taxes (CBDT) released the Time
👌👌👌👌👌Will insurance that covers doctor consultations and diagnostics help decrease long-term hospitalisations? – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/health/will-insurance-that-covers-doctor-consultations-and-diagnostics-help-decrease-long-term-hospitalisations/article68909448.ece A report by consultancy firm Mercer Mash Benefits details the advantages of OPD insurance; experts believe it could help reduce healthcare costs if
👌👌👌👌👌US Fed November 6-7 FOMC meeting minutes releasing today – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-minutes-of-the-us-fed-fomc-meeting-held-on-november-6-7-to-be-made-public-today-3677702/?ref=abroad_hp Before the elections, markets expected the US Federal Reserve to continue its aggressive rate-cutting campaign. The rates were cut by 50 basis points
👌👌👌US Employment-based Green Cards: Majority of beneficiaries were family members of workers – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-48-percent-of-employment-based-us-green-cards-issued-to-foreign-workers-52-percent-to-their-family-members-3677780/?ref=abroad_hp In 2023, only 48% of employment-based Green Cards were issued to workers, while 52% were given to their family members. (Bloomberg) United States
👌👌👌Trump’s tax cuts might not be enough to offset tariff pain – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-will-trumps-tariffs-outweigh-the-benefits-of-tax-cuts-3678478/?ref=abroad_hp Tax cuts mean more cash for businesses, but let’s be real, that’s not the whole story. While Trump’s tax cuts sound appealing on
👌👌👌👌👌AI adoption faces hurdles amid growing business demand – Digital Transformation News | The Financial Express
lipped from: https://www.financialexpress.com/business/digital-transformation-ai-adoption-faces-hurdles-amid-growing-business-demand-3678755/?ref=hometop_hp One of the most pressing obstacles is the skill gap within organisations. Another significant challenge is data availability and management. (Bloomberg) As businesses
👌👌👌👌👌Granular GST data will yield major policy lessons – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/granular-gst-data-will-yield-major-policy-lessons/article68915269.ece Disaggregated data will reveal revenue sources and consumption patterns across States, with important policy takeaways Despite its vast potential, the full capabilities of