Clipped from: https://www.taxscan.in/cbic-issues-corrigendum-to-gst-rcm-notification-on-renting-immovable-property-read-notification/449785/ In a significant update, the Central Board of Indirect Taxes and Customs ( CBIC ) has issued a corrigendum on October 22, 2024,
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👌👌👌👌👌New ‘Tarun Plus’ loan category launched by FinMin under Mudra scheme, loans up to ₹20 lakh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/new-tarun-plus-loan-category-launched-by-finmin-under-mudra-scheme-loans-up-to-20-lakh/article68794543.ece This initiative aligns with the Finance Minister’s budget announcement to raise the loan limit under the Mudra Scheme from ₹10 lakhs to ₹20
👌👌👌👌👌ITR data shows income inequality has come down, says SBI research report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/itr-data-shows-income-inequality-has-come-down-says-sbi-research-report/article68794574.ece Analysis of Income Tax Return data shows there has been a cumulative 74.2 per cent decline in income disparity coverage for those earning
👌👌👌👌👌Using Medical Cover for Travel or Treatment Abroad – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/using-medical-cover-for-travel-or-treatment-abroad/article68791566.ece Here’s a lowdown on medical cover in travel insurance and global medical covers Travel insurance policies taken in India can provide medical cover
👌👌👌👌👌10 Indians per hour caught at US borders; over 90,000 arrested in FY24 | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/10-indians-per-hour-caught-at-us-borders-over-90-000-arrested-in-fy24-124102500994_1.html Despite increased security, the allure of the US remains strong for Indians, especially Gujaratis, with over 90,000 illegal entry attempts recorded in FY24,
👌👌👌👌👌ITAT quashes Income Tax Assessment Due to Lack of Higher Authority Approval Reopening Beyond 3 Years
Clipped from: https://www.taxscan.in/itat-quashes-income-tax-assessment-due-to-lack-of-higher-authority-approval-u-s-151-for-reopening-beyond-3-years-read-order/450274/ Considering the revenue failed to get higher authority approval before reopening the assessment beyond 3 years, ITAT quashed the order By Kavi Priya – On October
👌👌👌👌👌Rajasthan HC Stays GST Order Blocking ITC without Giving Hearing Opportunity
Clipped from: https://www.taxscan.in/rajasthan-hc-stays-order-u-s-86-aof-blocking-itc-without-giving-any-opportunity-of-hearing/450200/ In a recent case, the Rajasthan High Court stayed the order passed by Jurisdictional Range officer under section 86 A of the Central
👌👌👌👌👌Cash Discounts Deductible in determining Transaction Value of Excisable Goods: SC
Clipped from: https://taxguru.in/excise-duty/cash-discounts-deductible-determining-transaction-excisable-goods-sc.html Purolator India Ltd. Vs Commissioner of Central Excise (Supreme Court of India) The Supreme Court of India recently delivered its judgment in the
👌👌👌👌👌Revisiting India’s FTAs: New guidelines to boost trade and exports
lipped from: https://www.business-standard.com/opinion/editorial/revisiting-india-s-ftas-new-guidelines-to-boost-trade-and-exports-124102301641_1.html New-age FTAs include clauses on environmental and labour regulations Listen to This Article Doubts have been expressed over the past several years about
👌👌👌👌👌Monetary policy dilemma: Control inflation or support growth, says RBI’s Patra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dilemma-for-monetary-policy-says-rbi-dy-guv-patra/article68782512.ece RBI Deputy Governor Patra discusses India’s growth trajectory, inflation control, and monetary policy dilemma at New York Fed Seminar. Uncertainty shocks for India
👌👌👌👌👌Loneliness increases risk of dementia by over 30%, studies review suggests | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/loneliness-increases-risk-of-dementia-by-over-30-studies-review-suggests-124102200610_1.html In this study, loneliness was found to increase overall risk of dementia by 30 per cent, Alzheimer’s disease by 39 per cent, vascular
👌👌👌👌👌India poised to rebound to 8% growth trend: RBI Deputy Governor Patra | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/india-poised-to-rebound-to-8-growth-trend-rbi-deputy-governor-patra-124102200993_1.html Headline inflation likely to remain on track throughout 2025-26 (Photo: Reuters) Following the pandemic recovery, India is likely to return to its long-term
👌👌👌👌👌RBI’s ‘TReDS’ platform bridging $600 bn funding gap for smaller firms | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-s-treds-platform-bridging-600-bn-funding-gap-for-smaller-firms-124102201091_1.html Trade Receivables Discounting System (TReDS) introduced about a decade ago by the Reserve Bank of India has seen the engineering company’s cost of
👌👌👌👌👌Why Kotak Mahindra Bank shares plunged 7% after Q2 results – India Today
Clipped from: https://www.indiatoday.in/business/story/kotak-mahindra-bank-share-price-decline-q2-results-nim-asset-quarlity-concerns-2620383-2024-10-21 At 1:02 pm, Kotak Mahindra Bank shares were down 5.18% to Rs 1,773 on the Bombay Stock Exchange. Kotak Mahindra Bank declined sharply
👌👌👌👌👌Health Insurer Niva Bupa gets Sebi nod for Rs 3,000 crore IPO. Details here – India Today
Clipped from: https://www.indiatoday.in/business/story/niva-bupa-sebi-nod-rs-3000-crore-ipo-all-details-here-2620519-2024-10-21 The IPO, which the company filed for back in June, will consist of a mix of Rs 800 crore in fresh shares and
👌👌👌👌👌New ITR e-filing portal 3.0 to be launched soon, check new features and other details you need – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/new-itr-e-filing-portal-30-to-be-launched-soon-check-new-features-and-other-details-you-need-450719-2024-10-19 In accordance with the internal circular, the tax department has announced that the IEC project provides an online platform for taxpayers to electronically
👌👌👌👌👌Insurance query: Is there a plan to protect my belongings from natural, climatic disasters like rain, floods? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/insurance-query-is-there-a-plan-to-protect-my-belongings-from-natural-climatic-disasters-like-rain-floods-450779-2024-10-20 Natural disasters and insurance: Extreme weather events have a significant impact on the economy in two key phases. Initially, there is damage to
👌👌👌👌👌 Invoice Management System may add compliance for GST assesses, say tax experts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/invoice-management-system-may-add-compliance-for-gst-assesses-say-tax-experts/article68775504.ece First GSTR-2B based on IMS to be generated for October on November 14. The effort to enhance Input Tax Credit (ITC) ecosystem through Invoice Management System
👌👌👌👌👌We don’t want to join any party: RBI Guv on rate cut by other central banks | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rate-cut-at-this-stage-will-be-premature-and-very-risky-rbi-governor-das-124101800855_1.html We are not managing the exchange rate, Das clarified RBI Governor Shaktikanta Das Reserve Bank of India (RBI) Governor Shaktikanta Das cautioned on
👌👌👌👌👌A valuable legacy: Ratan Tata built a cohesive, forward-looking group | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/a-valuable-legacy-ratan-tata-built-a-cohesive-forward-looking-group-124101001341_1.html Ratan Tata’s transformative leadership steered the Tata Group through challenges and globalization, reshaping it into a cohesive powerhouse Listen to This Article Ratan