Clipped from: https://economictimes.indiatimes.com/news/economy/policy/more-gst-rate-changes-likely-to-address-inverted-duty-exemptions/articleshow/93579401.cms Synopsis Inverted duty refers to structures where the rate of tax on inputs is more than the rate of tax on outward supplies,
Author: Anil R Tikotekar
India can strike out into next decade with a 11% growth rate, says RBI Dy Guv Patra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/india-can-strike-out-into-next-decade-with-a-11-growth-rate-says-rbi-dy-guv-patra/article65764760.ece?cx_testId=6&cx_testVariant=cx_1&cx_artPos=1#cxrecs_s ‘If this is achieved, India will become the second largest economy in the world by 2031 itself’ Demographics, manufacturing, exports and internationalisation are
All you wanted to know about reverse merger – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article35412102.ece Earlier this month, the stocks of Equitas Small Finance Bank, Ujjivan Small Finance Bank and their holding companies skyrocketed following a new development.
Regulating fintech – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/regulating-fintech/article65762372.ece RBI’s digital lending framework is well intentioned with the consumer’s interest at heart The fintech companies which mushroomed in recent years have had
GST: Kerala introduces ‘Lucky Bill App’ to Curb Tax Evasion
Clipped from: https://www.taxscan.in/gst-kerala-introduces-lucky-bill-app-to-curb-tax-evasion/199612/ Top Stories By Taxscan Team – On August 13, 2022 3:24 pm With an aim to curb tax evasion, the Kerala Government has launched a mobile app allowing
Read: Better safe than sorry
https://www.financialexpress.com/opinion/better-safe-than-sorry-2/2627887/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/T5mZnyJ1SbgpEXzV9
Read: Taking house on rent? Will you have to pay 18% GST? Govt clarifies
https://www.financialexpress.com/money/taking-house-on-rent-will-you-have-to-pay-18-gst-govt-clarifies/2627487/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/eqwDLtV5W855kCGp6
RBI cracks down on strong-arm tactics employed by recovery agents
RBI cracks down on strong-arm tactics employed by recovery agents https://economictimes.indiatimes.com/news/economy/policy/rbi-cracks-down-on-strong-arm-tactics-employed-by-recovery-agents/articleshow/93523218.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
MSME exporters facing demand squeeze in global markets
MSME exporters facing demand squeeze in global markets https://economictimes.indiatimes.com/small-biz/sme-sector/msme-exporters-facing-demand-squeeze-in-global-markets/articleshow/93513078.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
What you need to know about America’s family-based Green Cards
What you need to know about America’s family-based Green Cards https://economictimes.indiatimes.com/nri/migrate/an-introduction-to-americas-family-based-green-cards/articleshow/93518970.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Interest on Deposits/FDR of Co-operative Bank eligible for deduction u/s 80P(2)(d) of the Income Tax Act: ITAT
Clipped from: https://www.taxscan.in/interest-on-deposits-fdr-of-co-operative-bank-eligible-for-deduction-u-s-80p2d-itat-read-order/82242/ Income Tax By Taxscan Team – On November 5, 2020 7:02 pm The Income Tax Appellate Tribunal (ITAT), Jaipur Bench held that the interest received by the assessee
Solar adds record capacity in H1-2022, but may miss the overall target
Solar adds record capacity in H1-2022, but may miss the overall target : https://www.thehindubusinessline.com/economy/solar-adds-record-capacity-in-h1-2022-but-may-miss-the-overall-target/article65750076.ece
Read: ITR Filing AY 2022-23: Return declared invalid? What to do now
https://www.financialexpress.com/money/income-tax/itr-filing-ay-2022-23-return-declared-invalid-what-to-do-now/2625804/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/uZD7TZx9Ak1wui7P8
CAG plans to fix GST holes and loopholes
CAG plans to fix GST holes and loopholes https://economictimes.indiatimes.com/opinion/et-editorial/cag-plans-to-fix-gst-holes-and-loopholes/articleshow/93486478.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
CBDT issues SOP for faceless assessment to cut tax litigation, clear doubts
CBDT issues SOP for faceless assessment to cut tax litigation, clear doubts https://economictimes.indiatimes.com/news/economy/policy/cbdt-issues-sop-for-faceless-assessment-to-cut-tax-litigation-clear-doubts/articleshow/93486596.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Sacked liquidator blows the lid off INR1,000 crore “cash-for-orders” scam in NCLT
Sacked liquidator blows the lid off INR1,000 crore “cash-for-orders” scam in NCLT https://economictimes.indiatimes.com/prime/corporate-governance/sacked-liquidator-blows-the-lid-off-inr1000-crore-cash-for-orders-scam-in-nclt/primearticleshow/93485346.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
‘Expected credit loss’ framework can wait – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/expected-credit-loss-framework-can-wait/article65747582.ece Its structure is complex and introducing it now will shift the focus of banks, which are trying to redeem their business post Covid
Hotel industry bounces back to pre-Covid levels: report
Hotel industry bounces back to pre-Covid levels: report: https://www.thehindubusinessline.com/economy/hotel-industry-bounces-back-to-pre-covid-levels-report/article65741846.ece
Complete verification of GST transitional credit claims, C&AG tells CBIC
Complete verification of GST transitional credit claims, C&AG tells CBIC: https://www.thehindubusinessline.com/economy/complete-verification-of-gst-transitional-credit-claims-cag-tells-cbic/article65746466.ece
Still half baked — the bread vs rusk tax case
Still half baked — the bread vs rusk tax case: https://www.thehindubusinessline.com/news/variety/still-half-baked-the-bread-vs-rusk-tax-case/article65746718.ece