Clipped from: https://timesofindia.indiatimes.com/city/mumbai/voluntary-payment-by-outgoing-soc-member-subject-to-gst-aar/articleshow/92070898.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email Image used for representational purpose MUMBAI: It is not uncommon for co-operative housing societies (CHS) in Mumbai to seek transfer fees on sale
Author: Anil R Tikotekar
Sale of second-hand car attracts GST at 18% on price differential – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/sale-of-second-hand-car-attracts-gst-at-18-on-price-differential/articleshow/91991233.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email MUMBAI: Many companies which purchase assets such as cars, sell it after it has been used by either their executives or in the
*India better placed to avoid risk of stagflation: RBI officials – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/india-better-placed-to-avoid-risk-of-stagflation-rbi-officials/article65534011.ece Domestic economic activity is gaining strength, write authors of Bulletin article Reserve Bank of India (RBI) headquarters, in Mumbai. File | Photo Credit:
*Race for relevance: The Hindu Editorial on the U.S. Federal Reserve’s steepest interest rate increase in more than 27 years – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/race-for-relevance-the-hindu-editorial-on-the-us-federal-reserves-steepest-interest-rate-increase-in-more-than-27-years/article65533566.ece The Fed’s hike can accelerate the exit of foreign portfolio investments The Fed’s hike can accelerate the exit of foreign portfolio investments The U.S.
*Cold comfort: The Hindu Editorial on inflation and government intervention – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/cold-comfort-the-hindu-editorial-on-inflation-and-government-intervention/article65526986.ece Despite the easing of retail inflation, there is no room for complacency Despite the easing of retail inflation, there is no room for
Parl panel: Extend GST Composition Scheme to e-sellers; onboarding MSMEs should be obligatory for e-commerce portals | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-parl-panel-extend-gst-composition-scheme-to-e-sellers-onboarding-msmes-should-be-obligatory-for-e-commerce-portals/2563436/ Ease of Doing Business for MSMEs: The panel also suggested the Department of Commerce to exempt MSMEs from the payment of the 0.5
*****CBDT issues guidelines on TDS applicability on non-salary perquisites | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/cbdt-issues-guidelines-on-tds-applicability-on-non-salary-perquisites/2563493/ According to the guidelines, it is not necessary for the payer/deductor to check the taxability of the sum in the hands of the
*****CBDT tightens curbs on high-pitched tax assessments | The Financial Express
lipped from: https://www.financialexpress.com/money/income-tax/cbdt-tightens-curbs-on-high-pitched-tax-assessments/2563503/ “This instruction also provides for initiation of suitable administrative action against the officer concerned, in cases where assessments are found by the local
*****Macro stability paramount now, it’s good sign that “we have become inflation-intolerant”: CEA | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/macro-stability-paramount-now-its-good-sign-that-we-have-become-inflation-intolerant-cea/2564161/ Recession in the west to slow India’s export growth,supply disruptions could reappear if China comes back to global markets with full vigour. Chief
recession impact: D-St ends one of its wildest weeks in years with sharp losses as recession worries crush stocks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/d-st-ends-one-of-its-wildest-weeks-in-years-with-sharp-losses-as-recession-worries-crush-stocks/articleshow/92276599.cms Synopsis The 30-share pack lost 135.37 to close at 51,360.42. Its broader peer Nifty50 fell below the 15,300 mark. For the week, the
*****US Fed exports recession with hike – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/us-fed-exports-recession-with-hike/articleshow/92261730.cms Synopsis With China, its second-largest trading partner, still facing a slowdown, there could be both supply and demand effects on growth. This would
Infosys moves closer to talent, to open 4 offices in tier-II cities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/infosys-sets-up-four-new-offices-in-tier-ii-cities-in-a-bid-to-get-closer-to-talent-pool/articleshow/92186996.cms Synopsis Many young employees in the IT sector were recruited from tier II cities. Almost 60% of them have gone back to their
8,000 HNIs may leave India this year. Here’s where they are migrating – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/8000-super-rich-indians-are-anticipated-to-leave-india-this-year-read-to-know-where-they-are-heading-/articleshow/92195085.cms Synopsis Strict tax rules and reporting requirements in India, as well as the need for stronger passports, remain the primary factors driving the
*****Inflation & interest rates: Why they matter and where they are headed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/inflation-and-interest-rates-why-they-matter-where-they-are-headed/articleshow/92225355.cms Synopsis Inflation is driving policy, especially interest rate policy of central banks plus some fiscal policy (like duty cuts on fuel in India).
RBI sells $10 billion in two weeks to keep its inflation forecast bearable – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-sells-10-billion-in-two-weeks-to-keep-its-inflation-forecast-bearable/articleshow/92266664.cms Synopsis Stubbornly high crude oil prices may require Mint Road to revisit its calculations on automotive fuels, and medium-term price assumptions are likely
*Govt bans VPN, cloud services for employees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/govt-bans-vpn-cloud-services-for-employees/articleshow/92269197.cms Synopsis The National Informatics Centre (NIC), which is under the Ministry of Electronics and Information Technology, said it had put out the guidelines
*Cold comfort: The Hindu Editorial on inflation and government intervention – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/cold-comfort-the-hindu-editorial-on-inflation-and-government-intervention/article65526986.ece Despite the easing of retail inflation, there is no room for complacency Despite the easing of retail inflation, there is no room for
C Rangarajan writes: What is a “freebie” depends on the nature of the commodity or the services distributed
Clipped from: https://indianexpress.com/article/opinion/columns/punjab-govt-free-electricity-low-income-households-support-policy-7972197/ C Rangarajan writes | Three questions arise: What goods and services should be selected for such programmes? What should be their ideal mode
रिझव्र्ह बँक सरकारधार्जिणी? | लोकसत्ता
Clipped from: https://www.loksatta.com/sampadkiya/visheshlekh/reserve-bank-govt-inflation-control-failed-institutional-loss-circular-issued-reserve-bank-ysh-95-2975774/ महागाईवर नियंत्रण ठेवण्यात रिझव्र्ह बँक अपयशी ठरली आहे ते आपले काम बाजूला ठेवून सरकारच्या सुरात सूर मिसळण्यामुळे. यातून होणारी संस्थात्मक हानी भविष्यात सामान्य
*****What Americans face now as the Fed raises interest rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/explainer-what-americans-face-now-as-the-fed-raises-interest-rates/article65532207.ece Here’s what the Fed’s rate hikes means for consumers The U.S. Federal Reserve’s big interest rate hike on Wednesday — and the