Clipped from: https://www.thehindubusinessline.com/opinion/us-elections-and-economic-ties-with-china/article68829796.ece Trump, if elected, has threatened to impose harsher tariffs on China. But that may hurt the US more If the recent trend in
Author: Anil R Tikotekar
👌Reforms on anvil? FM Nirmala Sitharaman reviews the Income Tax Act 1961 with senior officials – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/reforms-on-anvil-fm-nirmala-sitharaman-reviews-the-income-tax-act-1961-with-senior-officials-452496-2024-11-04 During the meeting, the Revenue Secretary apprised the finance minister that 6,500 suggestions have been received through the portal since it was opened
👌Income tax dept receives 6,500 suggestions on review of income tax act | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/income-tax-dept-receives-6-500-suggestions-on-review-of-income-tax-act-124110401230_1.html Public inputs and suggestions were invited in four categories simplification of language, litigation reduction, compliance reduction, and redundant/obsolete provisions Last month, the CBDT’s
Stock Market Crash: Sensex staring at another 3,000-pt fall, technical charts say | News on Markets – Business Standard
Clipped from: https://www.business-standard.com/markets/news/market-crash-sensex-staring-at-another-3-000-pt-fall-technical-charts-say-124110400298_1.html Charts suggest that the Sensex could slide down to 72,000 levels, in the worst-case scenario, wiping out all the gains made thus far
NFRA board to meet next week: Adoption of new audit rules on agenda | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/nfra-board-meeting-on-november-11-12-to-push-new-audit-standards-124110400845_1.html Sources said that the regulator could soon notify the new standards for select entities Listen to This Article The next board meeting of
Incremental CD ratio moderates to 77.7%, lowest in nearly 30 months | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/incremental-cd-ratio-moderates-to-77-7-lowest-in-nearly-30-months-124110401169_1.html Meanwhile, the outstanding CD ratio has moderated to 79 per cent from 80.3 per cent in March 2024 Image: Bloomberg Listen to This
👌India Inc sends mixed signals on H2 FY25 capital expenditure path | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/india-inc-sends-mixed-signals-on-h2-fy25-capital-expenditure-path-124110401044_1.html Minutes from the October MPC show the RBI’s optimism about private investments picking up Listen to This Article After subdued earnings in the
👌👌👌👌👌👌👌LTCG exemption cannot be denied for mere suspicion without concrete evidence
Clipped from: https://taxguru.in/income-tax/ltcg-exemption-denied-mere-suspicion-concrete-evidence.html Bhavna Lalit Jain Vs ITO (ITAT Mumbai) In a recent ruling, the Income Tax Appellate Tribunal (ITAT) in Mumbai reversed the additions made
👌SC on liability of banker for allowing operation of locker restrained by Income Tax Department
Clipped from: https://taxguru.in/income-tax/sc-liability-banker-allowing-operation-locker-restrained-income-tax-department.html HDFC Bank Ltd. Vs State of Bihar & Ors. (Supreme Court of India) Whether a banker can be held liable for erroneously allowing locker
👌CESTAT Rules Mere Non-Payment of Service Tax Not Suppression of fact
Clipped from: https://www.taxscan.in/mere-non-payment-of-service-tax-not-suppression-of-fact-cestat-quashes-order-under-extended-limitation-read-order/453127/ The appellant referred to precedents where it was held that non-disclosure alone does not equate to suppression unless it is accompanied by deliberate
👌ITAT Upholds Deletion of Additions u/s 68 Due to Sufficient Cash Balance
Clipped from: https://www.taxscan.in/itat-upholds-citas-deletion-of-additions-u-s-68-citing-sufficient-cash-balance-and-lack-of-evidence-for-accommodation-entries-read-order/453097/ The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals)[CIT(A)]’s decision to delete additions made under Section
Gauhati HC Holds Summary of SCN in GST DRC 01 Not same as SCN u/s 73 (1) of CGST Act
Clipped from: https://www.taxscan.in/summary-of-scn-in-gst-drc-01-not-same-as-scn-u-s-73-1-of-cgst-act-gauhati-hc-read-order/452992/ The court held that the Show Cause Notice to be issued in terms with Section 73 [1] of the Central Act or State
👌Banks’ NIM falls in Q2 as RBI penal charge diktat takes effect, deposit cost rises – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-nim-falls-in-q2-as-rbi-penal-charge-diktat-takes-effect-deposit-cost-rises/article68825631.ece Bankers expect pressure on NIM to continue in Q3 Large and mid-sized banks have seen a fall in their net interest margin (NIM)
👌👌👌Eye on debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/eye-on-debt/article68825261.ece Centre, States should augment revenue to bring down debt As the global economy begins stabilising after the pandemic-led disruption, the focus is shifting
👌Bull run takes personal loans against shares to record highs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/bull-run-takes-personal-loans-against-shares-to-record-highs/article68825677.ece The strong surge in stock markets since the pandemic and increase in retail participation has taken bank loans against shares to the highest
👌👌👌Safeguard your trip abroad with travel insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/safeguard-your-trip-abroad-with-travel-insurance/article68826465.ece Choose the right policy based on your requirements; for an ideal deal, compare policies, premiums, features and benefits online and choose the one
👌Buying a cardiac plan? Check waiting periods and co-payment requirements
Clipped from: https://www.business-standard.com/finance/personal-finance/buying-a-cardiac-plan-check-waiting-periods-and-co-payment-requirements-124103101010_1.html Customers should also watch out for sub-limits on room rent and specific treatments Heart disease In recent years, heart disease has become one
👌DGFT surprises exporters with annual returns under the Rodtep scheme | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/dgft-surprises-exporters-with-annual-returns-under-the-rodtep-scheme-124110300654_1.html The DGFT wants the exporters to submit the data for the year 2023-24 by the March 31, 2025. Not furnishing the ARR will
Health cover: Capacity for Ayushman Bharat PM-JAY needs to be expanded
Clipped from: https://www.business-standard.com/opinion/editorial/health-cover-capacity-for-ayushman-bharat-pm-jay-needs-to-be-expanded-124110300572_1.html Though the PM-JAY has seen some reduction in out-of-pocket (OOP) medical expenditure, studies show it has not brought down the financial risks significantly
👌👌👌👌👌करावे कर समाधान : नवीन घरातील गुंतवणूक आणि कर सवलत
Clipped from: https://www.loksatta.com/business/personal-finance/new-home-investment-and-tax-exemption-print-eco-news-ssb-93-4687722/ अल्प आणि दीर्घमुदतीच्या भांडवली नफ्यावरील कराच्या आकारणीत आमूलाग्र बदल झाले आहेत. हे आपण मागील काही लेखांमधून समजून घेतले. संपत्ती अल्प किंवा दीर्घमुदतीची ही