Category: Five Star
👍👍👍👍👍Digital India Bill: Aadhaar likely to be default e-ID of citizens
https://www.business-standard.com/economy/news/digital-india-bill-aadhaar-likely-to-be-default-e-id-of-indian-citizens-123092901098_1.html Clipped from: https://www.business-standard.com/economy/news/digital-india-bill-aadhaar-likely-to-be-default-e-id-of-indian-citizens-123092901098_1.html The government is also likely to have sweeping powers to track, monitor, intercept, moderate and take down online content under the new
👍👍👍👍👍Customers can now choose from multiple card networks from October 1
https://www.business-standard.com/industry/banking/customers-can-now-choose-from-multiple-card-networks-from-october-1-123092901165_1.html Clipped from: https://www.business-standard.com/industry/banking/customers-can-now-choose-from-multiple-card-networks-from-october-1-123092901165_1.html As per the notification, the card issuers must issue cards across more than one network and give their customers the option to
👍👍👍👍👍Credit cards-in-force cross 9-crore mark, spends at high of ₹1.49-lakh crore – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/credit-cards-in-force-cross-9-crore-mark-spends-at-high-of-149-lakh-crore/article67357104.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-cards-in-force-cross-9-crore-mark-spends-at-high-of-149-lakh-crore/article67357104.ece Card additions for the month remained healthy, increasing by 1.6 per cent on-month compared with 1.3 per cent in July Credit cards-in-force
👍👍👍👍👍International credit card spending to remain outside LRS – The Hindu BusinessLine
https://www.thehindubusinessline.com/todays-paper/tp-economy/international-credit-card-spending-to-remain-outside-lrs/article67357260.ece Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-economy/international-credit-card-spending-to-remain-outside-lrs/article67357260.ece New TCS norms for LRS to be come into effect from Oct 1 The notification on spending through International Credit Card abroad
👍👍👍👍👍MCA looks to turbocharge IBC process – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/mca-looks-to-turbocharge-ibc-process/article67357696.ece Clipped from: https://www.thehindubusinessline.com/economy/mca-looks-to-turbocharge-ibc-process/article67357696.ece Readies slew of likely legal amendments to IBC in upcoming Winter Session of Parliament The Corporate Affairs Ministry (MCA) is looking to
👍👍👍👍👍SME platforms seeing untenable levels of speculation – –Editorial –The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/sme-platforms-seeing-untenable-levels-of-speculation/article67357273.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sme-platforms-seeing-untenable-levels-of-speculation/article67357273.ece SEBI has been maintaining a close watch on excessive speculation In this bull market, speculative excesses have been kept in check on
👍👍👍👍👍Exporters seek more sops for value-added products under Rodtep scheme
https://www.business-standard.com/economy/news/exporters-seek-more-benefits-under-rodtep-scheme-for-value-added-goods-123092800970_1.html Clipped from: https://www.business-standard.com/economy/news/exporters-seek-more-benefits-under-rodtep-scheme-for-value-added-goods-123092800970_1.html Say current structure provides higher refund rates on lesser value-added goods Listen to This Article Exporters have sought more benefits for value-added
👍👍👍👍👍India-US bond yield spread falls to lowest level in more than 17 years
https://www.business-standard.com/economy/news/yield-spread-between-india-and-us-treasury-bonds-declined-to-lowest-level-123092801224_1.html Clipped from: https://www.business-standard.com/economy/news/yield-spread-between-india-and-us-treasury-bonds-declined-to-lowest-level-123092801224_1.html This makes Indian bonds less attractive to foreign investors Listen to This Article JP Morgan’s decision last week to include Indian government
👍👍👍👍👍Goods and Services Tax E-Invoicing Rules Change 2023: What are the recent changes to e-invoicing in GST? | The Financial Express
https://www.financialexpress.com/money/goods-and-services-tax-gst-e-invoicing-rules-change-2023-what-are-the-recent-changes-3256783/ Clipped from: https://www.financialexpress.com/money/goods-and-services-tax-gst-e-invoicing-rules-change-2023-what-are-the-recent-changes-3256783/ GST e-invoicing rules change 2023: The GSTN had earlier released an advisory on 13th April 2023 communicating the time limits with respect
👍👍👍👍👍I purchased a flat for Rs 9 crore before selling a property inherited through Gift Deed. How can I save tax? | The Financial Express
https://www.financialexpress.com/money/i-purchased-a-flat-for-rs-9-crore-before-selling-a-property-inherited-through-gift-deed-how-can-i-save-tax-3256813/ Clipped from: https://www.financialexpress.com/money/i-purchased-a-flat-for-rs-9-crore-before-selling-a-property-inherited-through-gift-deed-how-can-i-save-tax-3256813/ An individual can save long-term capital gains tax on the sale of RHP by purchasing a new RHP within 1 year, or
👍👍👍👍👍Unclog the credit lines: Nurture MSMEs to empower India’s economic growth – The Economic Times
https://economictimes.indiatimes.com/opinion/et-commentary/unclog-the-credit-lines-nurture-msmes-to-empower-indias-economic-growth/articleshow/103997512.cms Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/unclog-the-credit-lines-nurture-msmes-to-empower-indias-economic-growth/articleshow/103997512.cms Synopsis As India moves ahead with confidence and aspires to be a developed nation by 2047, MSMEs will have to play a
👍👍👍👍👍Superintendent of Central Tax should take Independent Decision without Influence of Direction by DGGI for Cancellation of GST Registration: Kerala HC
Clipped from: https://www.taxscan.in/superintendent-of-central-tax-should-take-independent-decision-without-influence-of-direction-by-dggi-for-cancellation-of-gst-registration-kerala-hc/325202/ In a significant ruling the Kerala High Court observed that the Superintendent of Central Tax should take an independent decision without the influence
👍👍👍👍👍Angel tax: FinMin notifies valuation methods and guidelines for investors – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/finance-ministrys-new-angel-tax-rules-valuation-methods-and-guidelines-for-investors-notified/article67347316.ece Clipped from: https://www.thehindubusinessline.com/economy/finance-ministrys-new-angel-tax-rules-valuation-methods-and-guidelines-for-investors-notified/article67347316.ece The angel tax, set at 30.6%, applies when unlisted companies issue shares at a price higher than their fair market value The
A👍👍👍👍👍lmost half of cyber crime cases since 2020 have been linked to UPI – The Hindu BusinessLine
https://www.thehindubusinessline.com/data-stories/data-focus/almost-half-of-cyber-crime-cases-since-2020-have-been-linked-to-upi/article67348520.ece Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/almost-half-of-cyber-crime-cases-since-2020-have-been-linked-to-upi/article67348520.ece The report titled ‘A deep dive into cybercrimes trends impacting India’ shows that from Jan 2020 to June 2023, almost half (47.25
👍👍👍👍👍Mutual Fund: Avoid inheritance hassles for your heirs by appointing a nominee
https://www.business-standard.com/finance/personal-finance/avoid-inheritance-hassles-for-heirs-by-appointing-a-nominee-123092600997_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/avoid-inheritance-hassles-for-heirs-by-appointing-a-nominee-123092600997_1.html Avoid inheritance hassles for heirs, appoint a nominee Mutual fund unit holders have until September 30, 2023, to either appoint a nominee
👍👍👍👍👍ITC Cannot Be Denied Solely Based on GSTR 2A and 3B Discrepancy: Kerala HC Remits Matter Back for Evidence Examination
Clipped from: https://www.taxscan.in/itc-cannot-be-denied-solely-based-on-gstr-2a-and-3b-discrepancy-kerala-hc-remits-matter-back-for-evidence-examination/324615/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=ITC%20Cannot%20Be%20Denied%20Solely%20Based%20on%20GSTR%202A%20and%203B%20Discrepancy:%20Kerala%20HC%20Remits%20Matter%20Back%20for%20Evidence%20Examination In a recent ruling, the Kerala High Court ruled that Input Tax Credit (ITC) cannot be denied solely based on the discrepancy between GSTR 2A