Category: Five Star
*****₹1 lakh crore tax bonanza eases demand uncertainty, to spur private investment, says CEA Anantha Nageswaran – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/1-lakh-crore-tax-bonanza-eases-demand-uncertainty-to-spur-private-investment-says-cea-anantha-nageswaran/article69177086.ece FY26 Budget’s mega tax relief to boost disposable income, nudging capital formation and strengthening economic momentum, the CEA said. The mega personal income
*****US’ tariff onslaught calls for a considered response – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/us-tariff-onslaught-calls-for-a-considered-response/article69176640.ece India should play its cards carefully, balancing economic and geo-strategic bets World markets went into a tailspin on Monday —including Sensex, Nifty and
*****Prepare to bargain: India must create a strategy to deal with US tariffs
Clipped from: https://www.business-standard.com/opinion/editorial/prepare-to-bargain-india-must-create-a-strategy-to-deal-with-us-tariffs-125020301365_1.html The tariffs on Canada and Mexico are so high precisely because the President will want to sort out a favourable deal with these
*****Stock market slowdown tests new investors amid FPI selling pressure | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/mounting-losses-125012901636_1.html Part of the pressure on the currency is due to continuous selling by FPIs. In the last four months (including January) FPIs have
*****Proceedings against deceased person cannot continue against legal representative: Karnataka HC
Clipped from: https://taxguru.in/income-tax/proceedings-deceased-person-continue-legal-representative-karnataka-hc.html ITO Vs Smt. Preethi V (Karnataka High Court) Karnataka High Court held that proceedings initiated against deceased person are null and void and
*****Indian banks’ credit cost key monitorable for foreseeable future, Fitch Ratings official says – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/indian-banks-credit-cost-key-monitorable-for-foreseeable-future-fitch-ratings-official-says/article69135783.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/indian-banks-credit-cost-key-monitorable-for-foreseeable-future-fitch-ratings-official-says/article69135783.ece Credit costs play a critical profitability factor for Indian banks, as evidenced during the last major asset quality downturn, and will remain
*****CBIC notifies rules for entities to get temporary GST identification number | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/cbic-notifies-rules-for-entities-to-get-temporary-gst-identification-number-125012400550_1.html Under Goods and Services Tax (GST) rules, registration is mandatory for businesses with an annual turnover of Rs 40 lakh and Rs 20
*****Weaker rupee seen as boost for exports, but reality is more complex: FIEO | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/weaker-rupee-may-boost-exports-but-challenges-complicate-reality-fieo-prez-125012401292_1.html Explaining it further, he said, that if the rupee depreciates by 2 per cent and the currencies of key competitors decline by 3-5
*****Budget 2025-26: Five key focus areas to accelerate growth amid uncertainty | Expert Views – Business Standard
lipped from: https://www.business-standard.com/opinion/columns/budget-2025-26-five-key-focus-areas-to-accelerate-growth-amid-uncertainty-125012301560_1.html A push to manufacturing through these clusters will help us capitalise on the China-plus-one opportunity presented globally Listen to This Article The Union
*****Echoes of the 1980s: Inflation, wars, and slowing growth resurface globally | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/echoes-of-the-1980s-inflation-wars-and-slowing-growth-resurface-globally-125012401665_1.html The decade was also marked by the so-called “Star Wars”. This was an American effort to bankrupt the USSR by pretending to develop
*****How AI-ready is India Inc? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/corporate-file/how-ai-ready-is-india-inc/article69116099.ece As AI promises to transform the workplace in the year ahead, a survey on how companies are gearing up for it From the
*****ITAT Directs Fresh Hearing on Unexplained Demonetization Cash Deposits Matter due to Notices Sent to Inactive Email ID
Clipped from: https://www.taxscan.in/notices-sent-to-inactive-email-id-itat-directs-fresh-hearing-on-unexplained-demonetization-cash-deposits-matter/479305/ The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) directed a fresh hearing in a case involving unexplained cash deposits during the
*****Delhi HC Remands GST SCN Over Lack of Reasoning and Application of Mind
Clipped from: https://www.taxscan.in/lack-of-reasoning-non-consideration-of-reply-and-non-application-of-mind-delhi-hc-remands-gst-scn/479080/ The Court observed that the impugned Order has been passed by the Tax Officer in a cryptic and templated manner By Avinash Kurungot – On January
*****India to remain fastest-growing large economy in FY26, FY27: World Bank | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/india-to-remain-fastest-growing-large-economy-in-fy26-fy27-world-bank-125011601478_1.html The global economy is projected to expand by 2.7 per cent in both 2025 and 2026, the same pace as in 2024, as
*****A piece of my mind: Budget should target 4% fiscal deficit, trade pacts
Clipped from: https://www.business-standard.com/opinion/columns/a-piece-of-my-mind-budget-should-target-4-fiscal-deficit-trade-pacts-125011501464_1.html In India, after unprecedented 6% drop in real GDP in 2020-21 because of Covid and lockdowns, there was a remarkably strong recovery in
*****CESTAT quashes Service Tax Demand for Belated SCN
Clipped from: https://www.taxscan.in/time-barred-scn-cestat-quashes-service-tax-demand/478578/ Intentional suppression cannot be assumed merely because the appellant operated under self-assessment, disagreed with audit findings, claimed CENVAT credit eligibility, or failed to
******Centre launches cashless treatment scheme for road accident victims, nationwide rollout by March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/centre-launches-cashless-treatment-scheme-for-road-accident-victims-nationwide-rollout-by-march/article69073584.ece The scheme will cover treatment costs for seven days, up to ₹1.5 lakh, starting once the police report is filed within 24 hours
*****America can’t do without H-1B visa workers: This report explains why | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/america-can-t-do-without-h-1b-visa-workers-this-report-explains-why-125010600801_1.html The findings come as debates intensify around the H-1B visa programme, a key route for bringing skilled foreign professionals, particularly from India, into
aniltikotekar4sme.com 