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
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
👌👌👌👌👌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
👌👌👌👌👌RBI Deputy Governor red-flags diversion of funds by some MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-deputy-governor-red-flags-diversion-of-funds-by-some-msmes/article68910927.ece It is important for them to use bank funds for the purpose they were borrowed for, RBI Deputy Governor Swaminathan J said RBI
👌👌👌👌👌Fiscal deficit likely to be lower by 19 bps than budget estimates, says India Ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/fiscal-deficit-likely-to-be-lower-by-19-bps-than-budget-estimates-says-india-ratings/article68917618.ece Government’s fiscal outlook for FY25 looks promising with the tax/GDP ratio likely to be higher than FY25 (BE), India Ratings notes Centre’s fiscal deficit,
Deposit push: HDFC Bank launches ‘Pragati’ savings account for hinterlands – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/deposit-push-hdfc-bank-launches-pragati-savings-account-for-hinterlands/article68918109.ece HDFC Bank’s overall deposits stood at ₹25 lakh crore in Q2FY25 Private sector major HDFC Bank today announced the launch of its ‘Pragati’ savings account,
👌👌👌Personal Income tax collections bolster the overall tax revenue growth in H1 FY25 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/personal-income-tax-collections-bolster-the-overall-tax-revenue-growth-in-h1-fy25/article68918562.ece Analysis of tax revenues during April-September 2024 from CGA shows that total tax revenue (gross) grew at 12 per cent year on year
More FTAs on the horizon to propel economic growth and exports: Govt official – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/more-ftas-on-the-horizon-to-propel-economic-growth-and-exports-govt-official/article68919189.ece Engineering exports may surpass the target in FY25 Atul Anand, IAS, Principal Secretary, MSME, Department, Government of Tamil Nadu, releases a short film
👌👌👌How to avoid unilateral appointment of arbitrators – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-avoid-unilateral-appointment-of-arbitrators/article68919731.ece The amendments to the Arbitration Act must clarify on the process of appointing arbitrators The Supreme Court recently held that unilateral appointment of
👌👌👌Cross-border insolvency framework may not be reality anytime soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cross-border-insolvency-framework-may-not-be-reality-anytime-soon/article68919707.ece MCA, however, optimistic about eventual realisation of this vision India’s aspirations for a robust cross-border insolvency framework may remain a work in progress
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