Clipped from: https://www.business-standard.com/article/opinion/a-suggestion-to-the-imf-on-inflation-123030601129_1.html Standard policies towards inflation have not helped. It is important to think out of the box The central bank should raise interest rates.
Category: Five Star
👍👍👍👍👍Beat the heat with grain storage, fire audits, says PM Narendra Modi | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/pm-narendra-modi-direct-fci-to-ensure-optimal-storage-of-grains-123030600925_1.html PM chairs review meeting ahead of summer months, tells IMD to prepare daily weather forecasts that are easy to interpret and disseminate Prime
👍👍👍👍👍Is India’s economy really ‘dangerously close’ to Hindu rate of growth? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/is-india-s-economy-really-dangerously-close-to-hindu-rate-of-growth-123030600386_1.html Economists have a different view on Raghuram Rajan’s apprehensions Is former Reserve Bank of India (RBI) governor Raghuram Rajan right in his assessment that India’s
👍👍👍👍👍AO must give TDS credit on furnishing of TDS certificate by Assessee despite mismatch with NSDL data
Clipped from: https://taxguru.in/income-tax/ao-tds-credit-furnishing-tds-certificate-assessee-despite-mismatch-nsdl-data.html Machine Tools India Ltd. Vs ACIT (ITAT Kolkata) CBDT has issued instruction from time to time to the AO’s qua the manner of
👍👍👍👍👍Additions cannot be made merely on the basis of Form 26AS
Clipped from: https://taxguru.in/income-tax/additions-basis-form-26as.html Sureshkumar K Kataria Vs DCIT (ITAT Rajkot) ITAT notes that there was mismatch in the gross income reported by the assessee viz a
👍👍👍👍👍Income Tax- What is New Provision of 43B For Micro & Small Enterprises
Clipped from: https://taxguru.in/income-tax/income-tax-provision-43b-micro-small-enterprises.html In order to promote timely payments to “Micro and Small Enterprises” In Budget- 2023, it is proposed to include payments made to such enterprises
👍👍👍👍👍Measures taken for increasing access to credit and finance for MSME
Clipped from: https://taxguru.in/corporate-law/measures-taken-increasing-access-credit-finance-msme.html 1.19 crore borrowers benefit from guarantees amounting to Rs 3.61 lakh crore under ECLGS as on 31st January 2023 The Emergency Credit Line
👍👍👍👍👍Certification of MSME
Clipped from: https://taxguru.in/corporate-law/certification-msme.html WHO IS MSME? In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME)
👍👍👍👍👍Section 263 notice issued to a person after his death is invalid
Clipped from: https://taxguru.in/income-tax/section-263-notice-issued-person-death-invalid.html Mohammad Sharif Siddiqui (Through legal Heir Suhail Siddiqui) Vs ITO (ITAT Mumbai) In the assessment order itself, the learned Assessing Officer has mentioned
👍👍👍👍👍All about HRA Exemption, Eligibility, Limit etc.
lipped from: https://taxguru.in/income-tax/hra-exemption-eligibility-limit.html What is HRA- House Rent Allowance HRA is paid to Salary individuals by the employer. HRA exemption can be claimed only by Salaried
👍👍👍👍👍Tax liability on Composite & Mixed Supply under GST act 2017
Clipped from: https://taxguru.in/goods-and-service-tax/tax-liability-composite-mixed-supply-gst-act-2017.html In this article provisions regarding levy of tax on composite supply and mixed supply are discussed. Levy of GST on supply of goods
👍👍👍👍👍Taxation of taxpayers opting for presumptive taxation schemes
Clipped from: https://taxguru.in/income-tax/taxation-taxpayers-opting-presumptive-taxation-schemes.html To give benefit to small taxpayers from the exhausting job of maintaining books of account and getting the accounts audited, the Income-tax Act
👍👍👍👍👍Mere ‘reason to believe’ not satisfy condition for reopening of assessment
Clipped from: https://taxguru.in/income-tax/mere-reason-believe-satisfy-condition-reopening-assessment.html Punia Capital Pvt. Ltd Vs ACIT (Bombay High Court) The Hon’ble Bombay High Court in Punia Capital Pvt. Ltd. v. the Assistant Commissioner of
👍👍👍👍👍How NRI can save TDS on selling immovable property in India
Clipped from: https://taxguru.in/income-tax/nri-save-tds-selling-immovable-property-india.html Are you an NRI facing huge TDS on sale of your immovable property located in India? If yes, this article is for you
👍👍👍👍👍Study on MSME – A Game Changer
Clipped from: https://taxguru.in/income-tax/study-msme-game-changer.html Introduction All Business Enterprises, whether commercial or non-commercial, commence their activities in a bootstrapped manner. Over the years, with their vision, persistent conviction,
👍👍👍👍👍Be mindful of ‘consequences’ of regulatory actions: CEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/be-mindful-of-consequences-of-regulatory-actions-cea-tells-cci-regulators/article66576628.ece Chief Economic Advisor V Anantha Nageswaran asks regulators to remove/lower entry barriers in industry Chief Economic Advisor V Anantha Nageswaran addressing the 8th
👍👍👍👍👍Fixing delayed payments to micro, small enterprises – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fixing-delayed-payments-to-micro-small-enterprises/article66573070.ece Interconnections between GSTN, IT and Udyam Registration portals should help ease payment issues faced by micro and small units Many firms are harmed
🙏🙏🙏🙏🙏*****GDP estimates indicate strong economic activity | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/gdp-estimates-indicate-strong-economic-activity-1196228.html The growth numbers need to be seen in the context of the roller coaster experience since the Covid-19-related lockdowns, and the subsequent recovery
🙏🙏🙏🙏🙏Lagging deposit growth could constrain bank credit growth in FY24: India Ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/lagging-deposit-growth-could-constrain-bank-credit-growth-in-fy24-india-ratings/article66568338.ece NBFC margins to remain under pressure on elevated borrowing cost, limited flexibility in passing over rate hikes The banks continue to offer higher
*****Unseen bias causes loan applications by women entrepreneurs to be delayed or rejected more often’ | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-unseen-bias-causes-loan-applications-by-women-entrepreneurs-to-be-delayed-or-rejected-more-often/2598063/ Credit and Finance for MSMEs: The government needs to increase the funding being directed toward women entrepreneurs. If the loans can be granted