Clipped from: https://www.business-standard.com/economy/news/tweaks-on-cards-for-pm-internship-plan-age-educational-criteria-may-ease-124120201016_1.html Move may be aimed at attracting more applicants Illustration: Ajay Mohanty The government may tweak the Prime Minister (PM) Internship Scheme to attract
Category: Five Star
👌👌👌👌👌India’s potential GDP growth is in range of 6.5-7%, says CEA Nageswaran | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/india-s-potential-gdp-growth-is-in-range-of-6-5-7-says-cea-nageswaran-124120200525_1.html Economic Survey projected India’s GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the
👌👌👌👌👌Stymied by fierce competition, manufacturing PMI slips to 56.5 in Nov | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/stymied-by-fierce-competition-manufacturing-pmi-slips-to-56-5-in-nov-124120200261_1.html The rate of expansion is second-weakest in 11 months, the figure stood at 56.5 in January On the inflation front, the survey notes
👌👌👌👌👌100% tariff on BRICS countries if dollar countered: Trump – Economy News | The Financial Express
Clipped from: https://www.financialexpress.com/policy/economy-100-tariff-on-brics-countries-if-dollar-countered-trump-3681389/ Move couter-productive, impractical, say experts. 100% tariff on BRICS countries if dollar countered: Trump. (Image: Getty) US President-elect’s Donald Trump has threatened nine
👌👌👌👌👌December 2024 Tax Compliance Deadlines for Income Tax and GST
Clipped from: https://taxguru.in/goods-and-service-tax/statutory-tax-compliance-tracker.html The tax compliance calendar for December 2024 outlines crucial deadlines under the Income Tax Act, 1961, and GST regulations. Key income tax deadlines
👌👌👌👌👌ITAT deletes addition on alleged Bogus LTCG due to procedural lapses and denial of cross-examination
Clipped from: https://www.taxscan.in/itat-deletes-addition-on-alleged-bogus-ltcg-due-to-procedural-lapses-and-denial-of-cross-examination-rights/460725/ In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the additions related to alleged bogus
👌👌👌👌👌Importance of GSTR 9 and 9C in GST – Pronounced by Judiciary
Clipped from: https://taxguru.in/goods-and-service-tax/importance-gstr-9-9c-gst-pronounced-judiciary.html Summary: GSTR 9 and GSTR 9C are crucial components of GST compliance, consolidating annual business transactions and reconciling financial data. While GSTR 9 is
आवश्यक 👌👌👌👌👌Cost Inflation Index (CII): Meaning, Table, Calculation – IndiaFilings
Clipped from: https://www.indiafilings.com/learn/cost-inflation-index/ Last updated: September 16th, 2024 12:48 PM “The Cost Inflation Index (CII) in India for the financial year 2024-25 is 363.”The Cost Inflation
👌👌👌👌👌Medical condition not sufficient cause for inordinate delay of four years in filing appeal: Kerala HC
Clipped from: https://taxguru.in/goods-and-service-tax/medical-condition-sufficient-inordinate-delay-years-filing-appeal-kerala-hc.html Baiju George Vs Commissioner of Goods And Service Taxes Department (Kerala High Court) Kerala High Court held that inordinate delay of four years
👌👌👌👌👌GST assessment order served to old address is not valid service of order: Madras HC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-assessment-order-served-address-valid-service-order-madras-hc.html Zest Buildtek Promotors Vs Deputy Commissioner of GST & Central Excise (Madras High Court) Madras High Court held that assessment order served to
👌👌👌👌👌Q2 growth disappointing but 6.5% GDP target for FY25 ‘not in danger’, says CEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/q2-growth-disappointing-but-65-gdp-target-for-fy25-not-in-danger-says-cea/article68928133.ece It is too early to extrapolate to full fiscal GDP growth figure, says Nageswaran Chief Economic Advisor V Anantha Nageswaran on Friday described
👌👌👌👌👌Are rates stressful or are we barking up the wrong tree? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/incoming/are-rates-stressful-or-are-we-barking-up-the-wrong-tree/article68928417.ece Beyond the fickle headlines of strong growth, there is a profusion of distress among households with respect to productive employment and real incomes,
👌👌👌👌👌Procedure for Relief from Demand under Section 16(4) of CGST
Clipped from: https://taxguru.in/goods-and-service-tax/procedure-relief-demand-section-164-cgst.html Summary: The recent amendment to Section 16 of the CGST Act introduces provisions for claiming Input Tax Credit (ITC) for taxpayers who faced demand
👌👌👌👌👌Case Digest on IGST Refund
Clipped from: https://www.taxscan.in/case-digest-on-igst-refund/382496/ Under GST, Exports and supplies to SEZ are zero rated as per section 16 of the IGST Act, 2017. By zero rating it
👌👌👌👌👌Expiry of E-way Bill under CGST Act: A Complete Case Digest
Clipped from: https://www.taxscan.in/expiry-of-e-way-bill-under-cgst-act-a-complete-case-digest/419404/ The E-way bill system under GST ensures smooth movement of goods across India with proper documentation. Understanding the validity and extension process of
👌👌👌👌👌GST Case Digest on Rejection of ITC Claims based on GSTR-2A vs GSTR-3B Mismatch
Clipped from: https://www.taxscan.in/gst-case-digest-on-rejection-of-itc-claims-based-on-gstr-2a-vs-gstr-3b-mismatch/404733/ GSTR-3B is a summary return that taxpayers need to file monthly. It includes a summary of outward supplies, Input Tax Credit claimed, tax liability, and
👌👌👌👌👌Case Digest on Retrospective Cancellation of GST Registration
Clipped from: https://www.taxscan.in/case-digest-on-retrospective-cancellation-of-gst-registration/393386/ Cancellation of GST Registration means the permanent closure of the GSTIN in some circumstances such as closure/transfer/change in constitution of the business etc. and it can be
👌👌👌👌👌Complete Case Digest on Wrongful Availment of ITC
Clipped from: https://www.taxscan.in/complete-case-digest-on-wrongful-availment-of-itc/412888/ As per the GST provisions, if an entity wrongly avails Input Tax Credit ( ITC ) but hasn’t utilised it, it must reverse
👌👌👌👌👌Case digest on Section 16(4) of CGST Act
Clipped from: https://www.taxscan.in/case-digest-on-section-164-of-cgst-act/386057/ The Section 16 (4) of CGST Act is defined as a specified time frame in which a registered taxpayer is required to claim
👌👌👌👌👌Time to tackle the mounting debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-tackle-the-mounting-debt/article68923958.ece India’s debt-to-GDP ratio is higher than the global and EM average and needs to be addressed jointly by the Centre and States News