Clipped from: https://www.financialexpress.com/business/sme-msme-delayed-payments-45-day-payment-rule-endorsed-by-msme-associations-as-beneficial-says-finmin-3677611/ In April this year, a new clause (h) was inserted in Section 43B of the Income-tax Act 1961 to provide that any amount
Author: Anil R Tikotekar
👌👌👌👌👌Mediation for operational creditors to cut NCLT burden: MCA – Industry News | The Financial Express
Clipped from: https://www.financialexpress.com/business/industry-mediation-for-operational-creditors-to-cut-nclt-burden-mca-3677835/ Earlier this year, an expert committee under IBBI had recommended a voluntary mediation process for OCs; and the proposed provisions are based on
👌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/ Before the elections, markets expected the US Federal Reserve to continue its aggressive rate-cutting campaign. The rates were cut by 50 basis points
👌👌👌Credit focus to be strengthened, PSBs to launch new products: Govt – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-credit-focus-to-be-strengthened-psbs-to-launch-new-products-govt-3677875/?ref=hometop_hp The government has taken several steps in the latest budget including a new credit assessment model for MSMEs based on digital footprints and
Hotels are seeing a growth on a month-on-month basis and expect a full recovery in the segment by next March-end – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/hotel-chains-see-surge-in-foreign-guests-expect-full-recovery-by-march-end/article68914653.ece Hotel chains are witnessing an increase in the number of foreign tourists, with a steady rise in inbound tourism. While foreign tourist arrivals
👌Credit-deposit growth gap narrows to 90 bps in September – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-deposit-growth-gapnarrows-to-90-bps-in-september/article68915139.ece The gap between credit and deposit growth in the banking system narrowed in September to 90 basis points from 330 basis points in
Trump threatens tariff war on Canada, Mexico, China: Should India be wary? | External Affairs Defence Security News – Business Standard
Clipped from: https://www.business-standard.com/external-affairs-defence-security/news/trump-threatens-tariff-war-on-canada-mexico-china-should-india-be-wary-124112600669_1.html President-elect Trump’s tariff threats against Canada, Mexico, and China have unsettled global markets, raising questions about how these moves might impact India’s trade
👌👌👌Worrying trend of criminalising long, consensual ties after break-up: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/criminalising-long-term-consensual-relations-upon-turning-sour-worrying-sc-124112601042_1.html The apex court observed if criminality was to be attached to such prolonged physical relationship at a very belated stage, it could lead
👌👌👌Worrying trend of criminalising long, consensual ties after break-up: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/criminalising-long-term-consensual-relations-upon-turning-sour-worrying-sc-124112601042_1.html The apex court observed if criminality was to be attached to such prolonged physical relationship at a very belated stage, it could lead
👌👌👌10 mn digital life certificates generated by pensioners: Jitendra Singh | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/10-mn-digital-life-certificates-generated-by-pensioners-jitendra-singh-124112601297_1.html The minister had earlier this month launched the nation-wide digital life certificate campaign 3.0 for digital empowerment of pensioners Singh said this achievement
Well placed to handle global shocks, says RBI governor Shaktikanta Das | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/well-placed-to-handle-global-shocks-says-rbi-governor-shaktikanta-das-124112601238_1.html Trump has announced imposing tariffs on China, Mexico, and Canada. India has been absent from Trump’s tariff plan till now Governor of the
👌👌👌👌👌👌👌Reassessment notice u/s. 148 being barred by limitation is liable to be quashed: ITAT Mumbai
Clipped from: https://taxguru.in/income-tax/reassessment-notice-u-s-148-barred-limitation-liable-quashed-itat-mumbai.html ITO Vs Pushpak Realities Pvt. Ltd. (ITAT Mumbai) ITAT Mumbai held that reassessment notice issued under section 148 of the Income Tax Act
👌👌👌State GST Dept. Cannot Act if Central GST Dept. Has Initiated Proceedings on Same Matter
Clipped from: https://taxguru.in/goods-and-service-tax/state-gst-dept-act-central-gst-dept-initiated-proceedings-matter.html Baazar Style Retail Limited & Anr. Vs Deputy Commissioner of State Tax (Calcutta High Court) State GST Department not empowered to initiate proceedings
👌👌👌👌👌Date of online appeal filing be considered as date of filing GST appeal for limitation
Clipped from: https://taxguru.in/goods-and-service-tax/date-online-appeal-filing-considered-date-filing-gst-appeal-limitation.html Kasturi & Sons Pvt. Ltd. Vs Additional Commissioner of GST & Central Excise (Appeals-1) (Madras High Court) Summary: The Madras High Court, in Kasturi &
👌👌👌👌👌👌👌GST Amnesty for ITC, Interest and Penalty Waivers
Clipped from: https://taxguru.in/goods-and-service-tax/gst-amnesty-itc-interest-penalty-waivers.html GST Amnesty Provision for Waiver of Interest, Penalty, and Regularization of ITC claimed in non-compliance of Section 16(4) of the CGST Act, 2017
👌👌👌👌👌👌👌Time of Supply Under GST: A Critical Analysis
Clipped from: https://taxguru.in/goods-and-service-tax/time-supply-gst-critical-analysis.html The Goods and Services Tax (GST) in India has a key part called “Time of Supply”. It helps figure out when businesses owe
👌👌👌👌👌Microsoft launches ‘Recall’ feature on Windows 11: Specs, features, and privacy enhancements explained – Technology News | The Financial Express
Clipped from: https://www.financialexpress.com/life/technology-microsoft-launches-recall-feature-on-windows-11-specs-features-and-privacy-enhancements-explained-3676885/?ref=life_hp The ‘Recall’ feature acts like a photographic memory for your PC Microsoft has invited security researchers to audit the ‘Recall’ feature(Credit: Microsoft website)
👌👌👌OpenAI’s GPT-4.0 receives major update: Enhanced creative writing and file handling capabilities – Technology News | The Financial Express
Clipped from: https://www.financialexpress.com/life/technology-openais-gpt-4-0-receives-major-update-enhanced-creative-writing-and-file-handling-capabilities-3676776/?ref=life_hp The latest version of GPT-4.0 showcases advanced creative writing abilities GPT-4.0 sets a new standard for AI writing tools(Reuters) OpenAI has announced a
👌👌👌👌👌Across the aisle by P Chidambaram: The Trump effect on India – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-the-trump-effect-on-india/3675444/?ref=opinion_hp On the pharmaceutical front, pharma stocks have risen in the U.S. in anticipation of lesser regulation and higher prices. Prices of drugs will
👌👌👌👌👌RBI asks MSMEs to formalise business, focus on credit discipline, capacity building for credit access – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-rbi-asks-msmes-to-formalise-business-focus-on-credit-discipline-capacity-building-for-credit-access-3676951/?ref=business_hp “While regulatory policies and government schemes have played a crucial role in creating an enabling environment for MSMEs, it is equally important for