Clipped from: https://www.business-standard.com/industry/banking/har-ghar-lakhpati-sbi-s-new-deposit-mantra-124120100374_1.html Country’s largest lender ups the ante for resources with two new schemes set to launch this month At a time when banks are
Author: Anil R Tikotekar
👌👌👌👌👌Govt to take steps for better GDP growth in H2FY25: DEA Secretary | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/action-underway-to-ensure-stronger-gdp-growth-in-h2fy25-dea-secretary-124120200950_1.html The government is expected to push capital expenditure (capex), which has reached only 42 per cent of the full-year FY25 target by the
Windfall tax on domestic oil, fuel exports scrapped with immediate effect | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/windfall-tax-on-domestic-crude-fuel-exports-scrapped-after-29-months-124120200876_1.html No major revenue impact, say experts Listen to This Article The Centre on Monday scrapped the windfall tax on domestically produced crude oil,
Block deal activity hits 6-month low at Rs 25,669 crore as markets wobble
Clipped from: https://www.business-standard.com/markets/news/block-deal-activity-hits-6-month-low-at-rs-25-669-crore-as-markets-wobble-124120200762_1.html Relentless selling by FPIs, disappointing earnings growth during the second quarter, and a rising US dollar have taken the wind out of the
PSBs at only 42% of FY25 MUDRA disbursement target by October-end
Clipped from: https://www.business-standard.com/industry/banking/psbs-at-only-42-of-fy25-mudra-disbursement-target-by-october-end-124120200806_1.html As of October 25, MUDRA loans amounting to Rs 28,511 crore or 12.4 per cent of the annual target for PSBs, is still
👌👌👌👌👌RBI monetary policy: ‘Prioritise liquidity support over rate action’ | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/rbi-monetary-policy-prioritise-liquidity-support-over-rate-action-124120300003_1.html With the shockingly low Q2 GDP growth of 5.4 per cent year-on-year (Y-o-Y) last week, growth during the first half of 2024-25 stands
Corporation tax paid by listed companies at 4-year low in Q2 FY25
Clipped from: https://www.business-standard.com/economy/news/corporation-tax-paid-by-listed-companies-at-4-year-low-in-q2-fy25-124120201053_1.html Tax payment by listed companies was down 7 per cent year-on-year (Y-o-Y) in Q2FY25, their worst showing in the last four years and
👌👌👌👌👌Tweaks on cards for PM internship plan: Age, educational criteria may ease | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/tweaks-on-cards-for-pm-internship-plan-age-educational-criteria-may-ease-124120201016_1.html Move may be aimed at attracting more applicants Illustration: Ajay Mohanty The government may tweak the Prime Minister (PM) Internship Scheme to attract
👌👌👌👌👌India’s potential GDP growth is in range of 6.5-7%, says CEA Nageswaran | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/india-s-potential-gdp-growth-is-in-range-of-6-5-7-says-cea-nageswaran-124120200525_1.html Economic Survey projected India’s GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the
👌👌👌👌👌Stymied by fierce competition, manufacturing PMI slips to 56.5 in Nov | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/stymied-by-fierce-competition-manufacturing-pmi-slips-to-56-5-in-nov-124120200261_1.html The rate of expansion is second-weakest in 11 months, the figure stood at 56.5 in January On the inflation front, the survey notes
Top Indian cities report about 1 million unsold housing units: Study | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/top-indian-cities-report-about-1-million-unsold-housing-units-study-124120200871_1.html Photo: Shutterstock Listen to This Article The top eight Indian cities have reported high inventory levels, with about 1 million unsold housing units
👌👌👌👌👌100% tariff on BRICS countries if dollar countered: Trump – Economy News | The Financial Express
Clipped from: https://www.financialexpress.com/policy/economy-100-tariff-on-brics-countries-if-dollar-countered-trump-3681389/ Move couter-productive, impractical, say experts. 100% tariff on BRICS countries if dollar countered: Trump. (Image: Getty) US President-elect’s Donald Trump has threatened nine
👌👌👌Pressure mounting but RBI may hold its ground & rates – Economy News | The Financial Express
Clipped from: https://www.financialexpress.com/policy/economy-pressure-mounting-but-rbi-may-hold-its-ground-amp-rates-3681430/ Rise in CPI inflation to make central bank cautious: Economists Pressure mounting but RBI may hold its ground & rates. The sharp decline
👌👌👌👌👌👌👌Reassessment Proceeding initiated after 6 years is not valid; Department must prove dispatch of notice
https://taxguru.in/income-tax/reassessment-proceeding-initiated-after-6-years-is-not-valid-department-must-prove-dispatch-of-notice.html M/s Ardent Steel Limited, Vs ACIT (Chhattisgarh High Court) A focused glance of the Section 149 provision would show that the maximum time limit
👌👌👌👌👌👌👌Reassessment after 4 years not valid If Assessee Made Full & True Disclosure during original assessment
https://taxguru.in/income-tax/reassessment-4-years-valid-assessee-full-true-disclosure-original-assessment.html Ranjana Aggarwal Vs ITO (ITAT Delhi) When the original assessment is completed u/s 143(3) and the reassessment proceedings have been initiated after a period
👌👌👌👌👌👌👌Reassessment order quashed as mandatory requirement of notice u/s. 143(2) not complied
https://taxguru.in/income-tax/reassessment-order-quashed-mandatory-requirement-notice-u-s-143-2-complied.html Anand Sawroop Vs ITO (ITAT Chandigarh) ITAT Chandigarh held that reassessment order under section 147 of the Income Tax Act cannot be passed without
👌👌👌👌👌👌👌Calcutta HC Stays Section 148 Notice in Anup Kumar Case
https://taxguru.in/income-tax/calcutta-hc-stays-section-148-notice-anup-kumar-case.html Anup Kumar Agarwal Vs Union of India & Ors. (Calcutta High Court) In the case of Anup Kumar Agarwal Vs. Union of India & Ors., the
👌👌👌👌👌👌👌Rajasthan HC Quashes Reassessment Order in Search Case
https://taxguru.in/income-tax/rajasthan-hc-quashes-reassessment-order-in-search-case.html Clipped from: https://taxguru.in/income-tax/rajasthan-hc-quashes-reassessment-order-in-search-case.html Shiv Vegpro Private Limited Vs Deputy / Assistant Commissioner Of Income Tax (Rajasthan High Court) In the case of Shiv Vegpro Private Limited
👌👌👌👌👌December 2024 Tax Compliance Deadlines for Income Tax and GST
Clipped from: https://taxguru.in/goods-and-service-tax/statutory-tax-compliance-tracker.html The tax compliance calendar for December 2024 outlines crucial deadlines under the Income Tax Act, 1961, and GST regulations. Key income tax deadlines
👌👌👌👌👌👌👌Lifting of Bank Account Attachment under GST: SC Ruling Explained
Clipped from: https://taxguru.in/goods-and-service-tax/lifting-bank-account-attachmentsc-gst-ruling-explained.html RHC Global Exports Private Limited & Ors. Vs Union of India & Ors. (Supreme Court of India) In the case of Rhc Global Exports