Clipped from: https://www.business-standard.com/article/pf/form-and-fit-documents-you-must-keep-handy-to-file-income-tax-returns-122070101125_1.html The documents you collect for this purpose will prove handy if an assessing officer conducts inquiry The due date for income tax return
Author: Anil R Tikotekar
*Insurer to pay for closure to avert risk from rioting | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/insurer-to-pay-for-closure-to-avert-risk-from-rioting-122070300992_1.html In July 2008, there was a huge agitation against the government’s move to acquire land belonging to the Amarnath Shrine Board BBF Industries,
*Sectoral impact of the GST Council’s decisions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sectoral-impact-of-the-gst-councils-decisions/article65596381.ece The recent decisions will go a long way in simplifying the indirect tax system The 47th GST Council concluded in line with industry
*Bringing fuel under GST will take more time: Revenue Secretary Tarun Bajaj – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/policy/bringing-fuel-under-gst-will-take-more-time-revenue-secretary-tarun-bajaj/article65598774.ece 28 per cent GST rate to continue, the merger of others a challenge Revenue Secretary Tarun Bajaj on Monday indicated that bringing fuel
*SEBI News: Sebi seeks information on companies with high ratings via ‘support structures’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/sebi-seeks-information-on-companies-with-high-ratings-via-support-structures/articleshow/92641522.cms Synopsis Sebi has asked credit rating agencies to share information on all corporates whose ratings are propped up with promoter or parent guarantees
*Why MPC should explain its failure to contain inflation to Parliament, not to govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-mpc-should-explain-its-failure-to-contain-inflation-to-parliament-not-to-govt/articleshow/92638897.cms Synopsis “The Reserve Bank of India may have multiple goals. But Monetary Policy Committee has only one — inflation control. So why did
*Need another out-of-turn rate hike | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/need-another-out-of-turn-rate-hike/2581070/ That may surprise the market enough to give the rupee some breathing room and a little upward momentum, even if temporary. Today, 16%
*Windfall tax on upstream firms to end when super profits stop: Tarun Bajaj – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/commodities/if-the-revenue-reduces-post-higher-import-duty-on-gold-we-will-be-happy-says-revenue-secretary-bajaj/article65595030.ece Revenue Secretary Tarun Bajaj has said that higher import duty on gold is not meant for revenue augmentation. In an interview with BusinessLine, he
*Russian crude oil: Passing on the oil tax giveaway parcel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/passing-on-the-oil-tax-giveaway-parcel/articleshow/92638926.cms Synopsis Domestic crude oil producers, which supply around 15% of the demand, have been realising better prices since the Ukraine conflict broke out.
*Why has the govt eased norms for Indians to receive more money from relatives abroad, but hiked import duty on gold? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-govt-eased-norms-indians-receive-money-relatives-abroad-hiked-import-duty-gold-8006940/ Both the steps, taken in a matter of two days, are aimed at curbing the outflow of funds and on the other hand
*Not by cess | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/wheat-shipments-15-per-cent-duty-on-gold-imp orts-cesses-on-fuel-exports-8005895/ Ban on wheat shipments, 15 per cent duty on gold imports, cesses on fuel exports — decisions show short-termism No less backward-looking
*Tax rate changes decided by the GST Council–INDIAN EXPRESS
lipped from: https://indianexpress.com/article/explained/explained-tax-rate-changes-decided-by-the-gst-council-8006633/ In the changes, which are expected to affect consumers at the most basic level, GST exemption has been withdrawn from ‘pre-packaged and labelled’
*Useful recommendations of GST Council for exporters | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/useful-recommendations-of-gst-council-for-exporters-122070400027_1.html The present exemption of IGST on import of goods under advance authorisation, Export Promotion Capital Goods (EPCG) authorisation and by Export-Oriented Units will
*Capex for revival | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/capex-for-revival-122070301025_1.html Govt has done well to increase expenditure The biggest challenge for Indian policymakers at the moment is to lead the economy to a
*Resilient amid risks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/as-the-rbi-points-out-the-crisis-in-npas-and-nbfcs-has-been-alleviated-but-fintech-poses-a-problem/article65595740.ece As the RBI points out, the crisis in NPAs and NBFCs has been alleviated but fintech poses a problem The key takeaway from
Birthing an unbiased GST tribunal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/birthing-an-unbiased-gst-tribunal/article65595345.ece Why it would pay to emulate the unique voting pattern of the GST council One issue related to the Goods and Services Tax
*Resolution delayed is… – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/resolution-delayed-is/article65595361.ece How ailing corporate entities can benefit more from the proposed changes in timeline for insolvency resolution The Insolvency and Bankruptcy Board of India
Has GST delivered on its promises? – The Hindu BusinessLine
Watch | Explained: Has GST delivered on its promises? – The Hindu BusinessLine https://www.thehindubusinessline.com/multimedia/video/watch-explained-has-gst-delivered-on-its-promises/article65589087.eceWatch | Explained: Has GST delivered on its promises? – The Hindu
Sectoral impact of the GST Council’s decisions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sectoral-impact-of-the-gst-councils-decisions/article65596381.ece The recent decisions will go a long way in simplifying the indirect tax system The 47th GST Council concluded in line with industry
*e-invoicing for businesses with a turnover exceeding ₹10 cr soon; ₹5 cr or more next – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/e-invoicing-soon-for-businesses-with-a-turnover-exceeding-10-cr-5-cr-or-more-next/article65594972.ece Firms not complying with e-invoicing will be considered invalid and not be eligible for ITC Businesses with an annual turnover of more than
