Clipped from: https://www.businesstoday.in/magazine/cover-story/story/the-great-stimulus-will-gst-rate-cut-spur-a-consumption-boom-494679-2025-09-18 From income tax cuts to the new I-T act, and now reforms in the Goods and Services Tax, the Centre has implemented a
Author: Anil R Tikotekar
Trump’s H-1B visa salvo: Costly for US firms, boon for India’s economy
Clipped from: https://www.business-standard.com/opinion/columns/trump-s-h-1b-visa-salvo-costly-for-us-firms-boon-for-india-s-economy-125092100848_1.html Students in the US on F-1 visas may be spared if they convert to H-1Bs without leaving – a strong incentive to remain
Explained: Impact of H-1B crackdown, role of other visa categories | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/explained-impact-of-h-1b-crackdown-role-of-other-visa-categories-125092100711_1.html Indian IT companies, heavy users of H-1B and L-1 visas, face fresh scrutiny as US policy tightens, raising questions on talent mobility and
Doing well by doing good: Swami Vivekananda’s guide for modern enterprise | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/doing-well-by-doing-good-swami-vivekananda-s-guide-for-modern-enterprise-125091901349_1.html India has its own long tradition of business doing social good. These are deeply embedded in family businesses, partially captured in the series
A shock to IT: Indian companies should take the H-1B hit and move on
Clipped from: https://www.business-standard.com/opinion/editorial/a-shock-to-it-indian-companies-should-take-the-h-1b-hit-and-move-on-125092100834_1.html The decision also shows that Mr Trump is becoming more radical with his time in office, not less Indian ITeS firms must now
*******F&O trader shock: Why even your losses could trigger a ₹1.5 lakh audit penalty – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/fo-trader-shock-why-even-your-losses-could-trigger-a-rs15-lakh-audit-penalty-494983-2025-09-21 F&O trading is considered non-speculative business income. That means it falls under “Profits & Gains of Business or Profession,” and traders must maintain
*******Who really needs a tax audit? CA demystifies audit rules, clears confusion on ITR 3 & 4 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/who-really-needs-a-tax-audit-ca-demystifies-audit-rules-clears-confusion-on-itr-3-4-495012-2025-09-21 In an explanatory post, the financial advisor broke down the rules around turnover thresholds, due dates, and audit requirements, making compliance clearer for
*******Selling dad’s old house? How you can pay Rs 9.08 lakh instead of Rs 12.25 lakh in capital gains tax – BusinessToday
lipped from: https://www.businesstoday.in/personal-finance/tax/story/selling-dads-old-house-how-you-can-pay-rs-908-lakh-instead-of-rs-1225-lakh-in-capital-gains-tax-494937-2025-09-20 Selling an inherited property can be costly if you don’t know the rules, but a few tax-saving strategies can help preserve your wealth.
*****GSTR 9 just got easier: Here’s what’s new in ITC reporting and why it matters for FY25 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gstr-9-just-got-easier-heres-whats-new-in-itc-reporting-and-why-it-matters-for-fy25-494698-2025-09-19 As per the latest notification, GSTR-9’s Table 6 now includes new rows A1 and A2 under Part III, allowing taxpayers to clearly distinguish
*Top five changes in income tax audit form 3CD for AY 2025-26; Check details – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/top-five-changes-in-income-tax-audit-form-3cd-for-ay-2025-26-check-details/articleshow/124012292.cms September 30, 2025, is the deadline for for eligible taxpayers. including certain individuals, to submit their income tax audit reports. Just to give you a
*****HRA Claim Restricted to 50% as Rent Agreement in Joint Name with Brother, rules ITAT Despite Assessee Bearing Entire Rent [Read Order]
Clipped from: https://www.taxscan.in/top-stories/hra-claim-restricted-to-as-rent-agreement-in-joint-name-with-brother-rules-itat-despite-assessee-bearing-entire-rent-1432977 Despite the assessee’s submission that the entire rent of ₹1,26,500 was paid by him and that his brother had not claimed any HRA
Tax Talk: Errors in ITR? Revise, rectify or update – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/tax-talk-errors-in-itr-revise-rectify-or-update-3983223/ Discover the simple ways to correct errors in your Income Tax Return (ITR). This article explains three key mechanisms: filing a revised return,
Your Income Tax Queries: Gifts, property, and capital gains explained – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-income-tax-queries-gifts-property-and-capital-gains-explained-3983187/ Have questions about income tax? We break down key tax rules on topics like gifting money to a spouse, TDS on property purchases,
Notice u/s 148 Held Time-Barred: ITAT quashes Income Tax Reassessment Proceedings as Void [Read Order]
Clipped from: https://www.taxscan.in/top-stories/notice-us-148-held-time-barred-itat-quashes-income-tax-reassessment-proceedings-as-void-1432853 The Tribunal observing that the statutory deadline under Section 149 had already lapsed on March 31, 2022, found the reassessment notice issued on
New chapter in bankruptcy law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/new-chapter-in-bankruptcy-law/article70062483.ece IBC (Amendment) Bill corrects judicial deviations, restores creditor hierarchy and disciplines liquidation If constitutional courts rule timelines to be directory, the original purpose of
India must invest in sovereign data infra, AI skilling for a new economy | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/india-must-invest-in-sovereign-data-infra-ai-skilling-for-a-new-economy-125091701447_1.html NITI Aayog projects AI could add up to $1 trillion to India’s GDP by 2035, but success depends on sovereign infrastructure, skilling, and