lipped from: https://www.financialexpress.com/opinion/growth-challenges-ahead-will-the-current-circumstances-be-a-repeat-of-2019-20/2598050/ This time around, economic recovery appeared robust and gained momentum in Q4 FY22. A recession in the advanced economies could set back exports
Category: Five Star
*****Indian handset makers get Rs 20,000 cr tax bill: Industry players call it retrospective tax | The Financial Express
Clipped from: https://www.financialexpress.com/industry/indian-handset-makers-get-rs-20000-cr-tax-bill-industry-players-call-it-retrospective-tax/2598234/ Industry players said the tax has been levied from 2017 onwards and termed it a retrospective tax. Along with the assembly panels come
*****ITR 2021-22: List of transactions needed to furnish your tax return | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/itr-2021-22-list-of-transactions-needed-to-furnish-your-tax-return-122071800288_1.html There are several transactions that one needs to mention mandatorily in the ITR 2021-22 (AY 2022-23). It is necessary to avoid a notice
*****US is exporting inflation, and Federal Reserve hikes will make it worse | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-is-exporting-inflation-and-federal-reserve-hikes-will-make-it-worse-122071801452_1.html With rates in the US rising much faster than in the eurozone and Japan, the dollar is soaring In Europe and elsewhere, energy
*****Going on eighty: Rupee continues to test new lows against US dollar | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/going-on-eighty-rupee-continues-to-test-new-lows-against-us-dollar-122071700700_1.html It’s too early to say if the central bank’s recent measures will offer relief any time soon Photo: iStock. The Financial Stability Report (FSR,
*****Surveyor cannot apply deductions arbitrarily | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/surveyor-cannot-apply-deductions-arbitrarily-122071700915_1.html The National Commission held the insurer liable to settle the claim in accordance with the original computation of loss jointly signed by the
*****Grain of the matter | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/grain-of-the-matter-122071700925_1.html Govt’s grain stock reduction is a good development The sharp decrease in the government’s wheat inventories this year is neither unexpected nor a matter of
*****Chip issue may continue into next year: Siemens MD Sunil Mathur – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/chip-issue-may-continue-into-next-year-siemens-md-sunil-mathur/articleshow/92941404.cms Synopsis “The availability of semiconductors is a global challenge, and in my assessment this will continue well into next year. We are not
*****Companies with overseas liabilities rush to cover currency risk – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/companies-with-overseas-liabilities-rush-to-cover-currency-risk/articleshow/92943366.cms Synopsis With the rupee breaching the psychological ₹80 versus the US dollar for the first time and the spot market USD-INR gauge heading
*****‘May’ does not mean ‘shall’ says SC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/may-does-not-mean-shall-says-sc/article65643710.ece To reduce a legal nuance into simple English, ‘may’ means existence of discretion, while ‘shall’ means no option Who would have thought that
*****Hospital room rent to become costlier as GST applicable from July 18 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/hospital-room-rent-to-become-costlier-as-gst-applicable-from-july-18/articleshow/92898194.cms Synopsis The Goods and Services Tax (GST) council in its last meeting held on June 28-29, 2022, decided to expand the tax base
*****Indian economy shows resilience: RBI Bulletin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-economy-shows-resilience-rbi-bulletin/article65648356.ece Our Bureau Mumbai, July 16 Lower orders of rate hikes can bring down inflation faster, conditional upon higher exchange rate pass-through (ERPT), according
*****Draft paper released on changes to GSTR-3B – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/draft-paper-released-on-changes-to-gstr-3b/articleshow/92907769.cms Synopsis The draft, approved by the GST Council in its 47th meeting held last month, has incorporated many recommendations by the industry such
*****Steel prices crash 13-15 per cent in July – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-prices-crash-13-15-per-cent-in-july/article65644258.ece Seasonal dip in demand, recessionary pressures across the globe and an impending slowdown in China seen as reasons Global steel prices, including export
*****GST rate hike comes in effect from Monday: Here’s what will get costlier | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-rate-hike-comes-in-effect-from-monday-here-s-what-will-get-costlier-122071500484_1.html From next week, many household items, hotels, and bank services among other things will get costlier From next week, many household items, hotels,