https://economictimes.indiatimes.com/wealth/tax/how-to-calculate-deemed-rental-income-from-vacant-house-properties/articleshow/101447054.cms Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-calculate-deemed-rental-income-from-vacant-house-properties/articleshow/101447054.cms Synopsis If someone has more than two house properties and the additional properties are vacant, then the provisions of deemed rental will
Author: Anil R Tikotekar
Lessons from twin balance sheet syndrome – The Hindu BusinessLine
https://www.financialexpress.com/opinion/microfinance-and-financial-health/3151952/ Clipped from: https://www.thehindubusinessline.com/opinion/lessons-from-twin-balance-sheet-syndrome/article67038488.ece Now that banks are on a stronger footing, they will have to focus on improving the quality of credit origination, monitoring, and
How good a scheme is PLI? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/how-good-a-scheme-is-pli/article67038364.ece Clipped from: https://www.thehindubusinessline.com/opinion/how-good-a-scheme-is-pli/article67038364.ece It is biased towards larger firms, and it’s difficult to gauge how much benefit is derived from the incentive The Production Linked
Work in progress: There are many reasons to exult over recent GST gains | The Financial Express
https://www.financialexpress.com/opinion/work-in-progress-there-are-many-reasons-to-exult-over-recent-gst-gains/3151963/ Clipped from: https://www.financialexpress.com/opinion/work-in-progress-there-are-many-reasons-to-exult-over-recent-gst-gains/3151963/ Centre and states still have a job at hand. There needs no better proof of the flaws in the GST design than
Vivad se Vishwas Scheme for MSMEs: How contractors can claim refund of 95% forfeited amount during Covid | The Financial Express
https://www.financialexpress.com/industry/sme/msme-fin-vivad-se-vishwas-scheme-for-msmes-how-contractors-can-claim-refund-of-95-forfeited-amount-during-covid/3146625/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-vivad-se-vishwas-scheme-for-msmes-how-contractors-can-claim-refund-of-95-forfeited-amount-during-covid/3146625/ Vivad se Vishwas scheme 2023: In order to file a claim on the GeM portal, the MSME must be registered on the
MSME Day 2023: 8 key initiatives by government that have helped MSMEs to start, sustain and grow | The Financial Express
https://www.financialexpress.com/industry/sme/msme-eodb-msme-day-2023-8-key-initiatives-by-government-that-have-helped-msmes-to-start-sustain-and-grow/3143653/ Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msme-day-2023-8-key-initiatives-by-government-that-have-helped-msmes-to-start-sustain-and-grow/3143653/ World MSME Day 2023: MSMEs face a host of challenges around formal credit, employment generation, direct selling to the government, quality manufacturing,
Technology for MSME
https://www.financialexpress.com/industry/sme/msme-tech-salesforce-launches-a-crm-tool-for-small-businesses/3153919/ lipped from: https://www.financialexpress.com/industry/sme/msme-tech-salesforce-launches-a-crm-tool-for-small-businesses/3153919/ Technology for MSMEs: The MSME CRM tool will provide sales, business analytics and email marketing tools to users through a single application
Priority Sector lending to MSME
https://www.financialexpress.com/industry/sme/msme-fin-explained-what-is-priority-sector-lending-by-banks-and-how-it-benefits-msmes/3154004/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-explained-what-is-priority-sector-lending-by-banks-and-how-it-benefits-msmes/3154004/ Priority Sector Lending Benefits for MSME Sector: To secure credit under PSL, MSMEs are required to register on the government’s Udyam registration
MSME
https://www.financialexpress.com/industry/sme/msme-logi-india-post-enables-msmes-to-send-parcels-weighing-up-to-2-kg-to-canada-for-rs-400/3155634/ Clipped from: https://www.financialexpress.com/industry/sme/msme-logi-india-post-enables-msmes-to-send-parcels-weighing-up-to-2-kg-to-canada-for-rs-400/3155634/ Logistics for MSMEs: According to the instructions of the Department of Posts, packets weighing up to 2 kg can be exported under
Re-assessment u/s 147 of Income Tax Act After Expiry of Four years from End of Relevant Year of Assessment is Invalid: ITAT
Read More: https://www.taxscan.in/re-assessment-u-s-147-of-income-tax-act-after-expiry-of-four-years-from-end-of-relevant-year-of-assessment-is-invalid-itat/294547/ Clipped from: https://www.taxscan.in/re-assessment-u-s-147-of-income-tax-act-after-expiry-of-four-years-from-end-of-relevant-year-of-assessment-is-invalid-itat/294547/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Re-assessment%20u/s%20147%20of%20Income%20Tax%20Act%20After%20Expiry%20of%20Four%20years%20from%20End%20of%20Relevant%20Year%20of%20Assessment%20is%20Invalid:%20ITAT The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the reopening of assessment under section 147 of the Income Tax Act,1961
👍👍👍👍👍👍👍CBIC waives Filing of Form GSTR-9 and GSTR-9C for Annual Turnover up to 2 cr and 5 cr
Clipped from: https://www.taxscan.in/cbic-waives-filing-of-form-gstr-9-and-gstr-9c-for-annual-turnover-up-to-2cr-and-5cr/295309/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CBIC%20waives%20Filing%20of%20Form%20GSTR-9%20and%20GSTR-9C%20for%20Annual%20Turnover%20up%20to%202%20cr%20and%205%20cr As a part of the 6th anniversary of the implementation of the Goods and Services Tax (GST), the Central Board of Indirect Taxes and
👍👍👍👍👍👍👍Service Tax Demand under RCM: Transaction-wise, not Invoice-wise
https://taxguru.in/service-tax/service-tax-demand-rcm-transaction-wise-invoice-wise.html Clipped from: https://taxguru.in/service-tax/service-tax-demand-rcm-transaction-wise-invoice-wise.html M.P. Audyogik Kendra Vikas Nigam (Indore) Ltd Vs Principal Commissioner of Central Goods & Service Tax and Central Excise (CESTAT Delhi) In
👍👍👍👍👍👍👍Capital Gains Exemptions [Section 10(37), 54, 54B, 54D]
https://taxguru.in/income-tax/capital-gains-exemptions-section-1037-54-54b-54d.html Clipped from: https://taxguru.in/income-tax/capital-gains-exemptions-section-1037-54-54b-54d.html Introduction: Since we receive greater income due to capital gains, we must pay more tax during that year. The income tax department
Rejection of Appeal by CIT(A) on ground of Delay in Filing Appeal by Assessee : ITAT Directs Re-adjudication
Clipped from: https://www.taxscan.in/rejection-of-appeal-by-cita-on-ground-of-delay-in-filing-appeal-by-assessee-itat-directs-re-adjudication/294114/ The Chennai bench of the Income Tax Appellate Tribunal (ITAT) directed the Commissioner of Income Tax (Appeals) to re-adjudicate the matter by condoning the delay
6 Years of GST and Still Unsolved Questions
Read More: https://www.taxscan.in/6-years-of-gst-and-still-unsolved-questions/294102/ Clipped from: https://www.taxscan.in/6-years-of-gst-and-still-unsolved-questions/294102/ – “Ek Bharat Sreshtha Bharat. GST stands for Good and Simple Tax. It is a path breaking legislation for New India.
5% GST applicable on Pre-Packaged & Labelled Rice up to 25 Kg for the purpose of Export: AAR
Clipped from: https://www.taxscan.in/5-gst-applicable-on-pre-packaged-labelled-rice-up-to-25-kg-for-the-purpose-of-export-aar-read-order/294007/ The Authority for Advance Ruling (AAR), Chhattisgarh bench has held that Goods and Services Tax (GST) at the rate of 5% is applicable on the
GST deserves due credit
GST deserves due credit: https://www.thehindubusinessline.com/opinion/gst-deserves-due-credit/article67028182.ece