Clipped from: https://www.financialexpress.com/market/oil-taxes-reliance-stock-falls-over-7-ongc-shares-tumble-more-than-13/2580037/ Analysts at Jefferies observed that if RIL’s SEZ refinery is exempted from the tax, the impact on GRMs will be just $1 per
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Taming twin deficit: Tax imposed on fuel exports, levy on crude doubled | The Financial Express
Clipped from: https://www.financialexpress.com/economy/taming-twin-deficit-tax-imposed-on-fuel-exports-levy-on-crude-doubled/2579454/ The Indian rupee hit a new all-time low of 79 against the dollar on Friday, amid unabated FPI outflows from equities and a
GST registration exemption for online seller with low turnover to boost e-commerce – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-registration-exemption-for-online-seller-with-low-turnover-to-boost-e-commerce/articleshow/92559782.cms Synopsis Now such suppliers will not have to obtain GST registration, if their turnover is lower than Rs 40 lakh and Rs 20
Data protection Bill puts Indian children at a disadvantage. Here’s how – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/data-protection-bill-puts-indian-children-at-a-disadvantage-heres-how/articleshow/92605610.cms Synopsis The high threshold of 18 years in India is out of touch with reality, and can seriously hamper Indian teenagers from fully
Less exempted good, by raising rates bad – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/less-exempted-good-by-raising-rates-bad/articleshow/92581979.cms Synopsis The GST Council must act swiftly to widen the tax base and include petro products so that multiple taxes that automotive fuels
How new ‘wage’ definition in labour codes could impact your income tax outgo – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-new-wage-definition-in-labour-codes-could-impact-your-income-tax-outgo/articleshow/92511011.cms Synopsis The new wage definition under the Code on Wages, 2019 will change the way gratuity and provident fund calculations are done on
5 years of GST: A mix of success and work in progress – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/the-impact-of-gst-a-5-year-tale/articleshow/92561762.cms ‘One nation, One market, One tax’ – the driving motto behind the introduction of GST, with effect from 01 July 2017, has brought
GST India: 5 years of GST: Has it done enough to propel Make in India? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/5-years-of-gst-has-it-done-enough-to-propel-make-in-india/articleshow/92586897.cms Synopsis In line with industry expectations, GST has had a positive impact on the manufacturing sector by removing the cascading effect of taxes
5 years of GST: The irritants that we need to iron out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/5-years-of-gst-the-irritants-that-we-need-to-iron-out/articleshow/92588002.cms Synopsis GST Authorities can investigate affairs of taxpayers for a long period of 5 years and 9 months. It is common experience that
Five years of GST: Is it a gamechanger for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/five-years-of-gst-is-it-a-gamechanger-for-msmes/articleshow/92587574.cms Synopsis Conscious of the immense contribution of the sector, the government has been taking many measures to provide a more facilitative environment for
GST Tax: The need to make GST reporting standardised, less cumbersome for taxpayers and administrators – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/the-need-to-make-gst-reporting-standardised-less-cumbersome-for-taxpayers-and-administrators/articleshow/92587287.cms Synopsis There is no doubt that the Government has put in its best efforts to clarify the issues to avoid confusion prevailing among
Hdfc Bank News: HDFC Bank struggling to recover funds from customers it made millionaires accidentally – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-bank-struggling-to-recover-funds-from-customers-it-made-millionaires-accidentally/articleshow/92598356.cms Synopsis According to BQ Prime, some of the customers who haven’t been cooperating in the recovery process have complained of harassment by the
GST completes 5 years: Here’s a look at how tech has been used for tax compliance – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/gst-completes-5-years-heres-a-look-at-how-tech-has-been-used-for-tax-compliance-339824-2022-06-30 A nationwide Goods and Services Tax, which subsumed 17 local levies like excise duty, service tax and VAT and 13 cesses, was rolled
*Treatment in private hospitals to get costly with 5% GST on non-ICU rent – BusinessToday
Clipped from: https://www.businesstoday.in/lifestyle/health/story/treatment-in-private-hospitals-to-get-costly-with-5-gst-on-non-icu-rent-339861-2022-06-30 As per many health experts and industry insiders, this move by the GST Council will add to the common man’s already existing inflationary
GST Council’s decision to help small e-commerce sellers: Nasscom – BusinessToday
Clipped from: https://www.businesstoday.in/industry/story/gst-councils-decision-to-help-small-e-commerce-sellers-nasscom-339909-2022-06-30 Nasscom welcomed the decision of the GST Council on the in-principle approval for relaxation in the provisions for suppliers making supplies through E-Commerce
CBIC to come out with SoP for enforcement actions by GST officers – BusinessToday
lipped from: https://www.businesstoday.in/latest/trends/story/cbic-to-come-out-with-sop-for-enforcement-actions-by-gst-officers-340054-2022-07-01 The department also wants to improve data quality in the returns, besides a more systematised grievance redressal mechanism, particularly for MSME and dispute
*Stagflation risks rising: RBI chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/stagflation-risks-rising-rbi-chief/article65587389.ece ‘Central banks must remain focussed on their responsibility to maintain financial stability’ The Reserve Bank of India, on Thursday, said risks of stagflation
The unsung workers: Why social security is vital for gig workers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/the-unsung-workers-why-social-security-is-vital-for-gig-workers/article65587342.ece istock/Artur | Photo Credit: Artur Why social security is vital for gig workers The workforce worldwide has evolved from hierarchical, enclosed assemblies to
Security at sunset – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/security-at-sunset/article65587406.ece A new universal pension scheme that is superior to EPS must be designed for informal workers With MSMEs, start-ups and platform companies expanding
Taxing gifts — circular adding to confusion – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/taxing-gifts-circular-adding-to-confusion/article65587385.ece TDS becoming more burdensome | Photo Credit: NicoElNino By clarifying that tax must be deducted at source even when the benefit is paid
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