Author: Anil R Tikotekar
Over 23% Jan Dhan accounts inoperative, FinMin data show – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/over-23-jan-dhan-accounts-inoperative-finmin-data-show/article69947255.ece The amount parked in these accounts stands at over ₹2.64 lakh crore The amount parked in these accounts stands at over ₹2.64 lakh
GST reforms, not a day too late – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/gst-reforms-not-a-day-too-late/article69947678.ece A reduction in levies of mass consumption goods as well as discretionary items is expected to boost consumption at a time when urban
Scammers are watching! Think before sharing your screen on WhatsApp | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/scammers-are-watching-think-before-sharing-your-screen-on-whatsapp-125081800453_1.html A new scam is tricking WhatsApp users into screen sharing, giving fraudsters access to bank accounts and wallets. OneCard issues an urgent advisory
US tariff impact: MSME NPA classification period likely to be doubled
Clipped from: https://www.business-standard.com/finance/news/govt-may-relax-loan-default-period-for-msmes-to-ease-us-tariff-impact-125081800905_1.html “The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by
Traders likely to keep input tax credit on old stocks in GST revamp | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/traders-likely-to-keep-input-tax-credit-on-old-stocks-in-gst-revamp-125081801239_1.html The GST Council is also likely to update the tax administration system to ensure a smooth transition and shield businesses from additional costs
5 major financial transactions Income Tax Department track via SFT reporting – Non-compliance results in THESE penalties – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/how-banks-and-mutual-funds-report-your-high-value-transactions-to-income-tax-department-3950412/ The details reported in the SFT by banks, mutual funds, registrars, and other institutions are automatically reflected in the taxpayer’s Annual Information Statement
Small cars to get cheaper: GST overhaul may drop tax rate for vehicles from 29% to just 18% – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/small-cars-to-get-cheaper-gst-overhaul-may-drop-tax-rate-for-vehicles-from-29-to-just-18-489755-2025-08-18 At present, small passenger vehicles of up to 4 metres in length and engine capacity up to 1,200 cc (petrol, CNG, LPG) attract
GST reset is coming but don’t expect your petrol, electricity, alcohol bills to drop – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gst-reset-is-coming-but-dont-expect-your-petrol-electricity-alcohol-bills-to-drop-489759-2025-08-18 Finance Ministry officials indicated that the demand to bring petroleum products under GST will take time. “Let things settle down after the proposed
What is an Updated Income Tax Return (ITR-U)?
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-e-filing-cbdt-enables-itr-u-filing-via-itr-3-and-itr-4-forms-heres-who-needs-to-file-it-and-why/articleshow/123365261.cms ET OnlineCBDT enables ITR-U filing via ITR-3 and ITR-4 forms The Central Board of Direct Taxes (CBDT) has enabled updated income tax return (ITR-U) filing
ITR e-filing: CBDT enables ITR-U filing via ITR-3 and ITR-4 forms; here’s who needs to file it and why – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-is-the-last-date-to-file-itr-for-professionals-other-taxpayers-whose-accounts-must-be-audited/what-is-the-last-date-to-file-itr-for-professionals-other-taxpayers/slideshow/123237206.cms 1/5 What is the last date to file ITR for professionals, other taxpayers? The various taxpayer groups have different deadlines for filing their
Consumer protection: Insurer penalised for unjust insurance claim denial | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-insurer-penalised-for-unjust-insurance-claim-denial-125081700696_1.html The National Commission dismissed the argument that only the horse was covered and not the trailer, calling it ‘palpably amusing and fantastic’ The
Building a better GST: New reforms mark progress, but more is needed
Clipped from: https://www.business-standard.com/opinion/columns/building-a-better-gst-new-reforms-mark-progress-but-more-is-needed-125081700838_1.html The call for a single rate correctly identifies this multiplicity as a central problem IGST collections come to the Union, and are then