Category: Five Star
*****Section 37C of the Central Excise Act, 1944, —–delivery mode of show cause notices under Service Tax.
Section 37C of the Central Excise Act, 1944, indeed has relevance to the delivery mode of show cause notices under Service Tax. According to Section
*****AI regulations: The newest Cold War
lipped from: https://www.thehindubusinessline.com/opinion/ai-regulations-the-newest-cold-war/article69189043.ece The regulatory fragmentation is driven by the rise of techno-nationalism The AI Action Summit in Paris on February 10-11, where Prime Minister Narendra
*****CGST amendment on credit notes may raise compliance burden for suppliers
According to the experts, till the time invoice management system (IMS) — an automated system to track and verify invoices issued by businesses to help
*****Ibbi proposes coordinated insolvency resolution for interconnected entities | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/ibbi-proposes-coordinated-insolvency-resolution-for-interconnected-entities-125020501177_1.html Ibbi has noted that the current IBC process treats each entity as a standalone unit, overlooking the intricate web of interdependencies often present
*****Budget bets on tax cuts over capex-will it boost private investment? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/budget-bets-on-tax-cuts-over-capex-will-it-boost-private-investment-125020501748_1.html An income-tax cut instead of a corporate tax cut in 2019 would have done more for the economy After a heavy focus on
*****₹1 lakh crore tax bonanza eases demand uncertainty, to spur private investment, says CEA Anantha Nageswaran – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/1-lakh-crore-tax-bonanza-eases-demand-uncertainty-to-spur-private-investment-says-cea-anantha-nageswaran/article69177086.ece FY26 Budget’s mega tax relief to boost disposable income, nudging capital formation and strengthening economic momentum, the CEA said. The mega personal income
*****US’ tariff onslaught calls for a considered response – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/us-tariff-onslaught-calls-for-a-considered-response/article69176640.ece India should play its cards carefully, balancing economic and geo-strategic bets World markets went into a tailspin on Monday —including Sensex, Nifty and
*****Prepare to bargain: India must create a strategy to deal with US tariffs
Clipped from: https://www.business-standard.com/opinion/editorial/prepare-to-bargain-india-must-create-a-strategy-to-deal-with-us-tariffs-125020301365_1.html The tariffs on Canada and Mexico are so high precisely because the President will want to sort out a favourable deal with these
*****Stock market slowdown tests new investors amid FPI selling pressure | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/mounting-losses-125012901636_1.html Part of the pressure on the currency is due to continuous selling by FPIs. In the last four months (including January) FPIs have
*****Proceedings against deceased person cannot continue against legal representative: Karnataka HC
Clipped from: https://taxguru.in/income-tax/proceedings-deceased-person-continue-legal-representative-karnataka-hc.html ITO Vs Smt. Preethi V (Karnataka High Court) Karnataka High Court held that proceedings initiated against deceased person are null and void and
*****Indian banks’ credit cost key monitorable for foreseeable future, Fitch Ratings official says – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/indian-banks-credit-cost-key-monitorable-for-foreseeable-future-fitch-ratings-official-says/article69135783.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/indian-banks-credit-cost-key-monitorable-for-foreseeable-future-fitch-ratings-official-says/article69135783.ece Credit costs play a critical profitability factor for Indian banks, as evidenced during the last major asset quality downturn, and will remain
*****CBIC notifies rules for entities to get temporary GST identification number | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/cbic-notifies-rules-for-entities-to-get-temporary-gst-identification-number-125012400550_1.html Under Goods and Services Tax (GST) rules, registration is mandatory for businesses with an annual turnover of Rs 40 lakh and Rs 20
*****Weaker rupee seen as boost for exports, but reality is more complex: FIEO | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/weaker-rupee-may-boost-exports-but-challenges-complicate-reality-fieo-prez-125012401292_1.html Explaining it further, he said, that if the rupee depreciates by 2 per cent and the currencies of key competitors decline by 3-5
*****Budget 2025-26: Five key focus areas to accelerate growth amid uncertainty | Expert Views – Business Standard
lipped from: https://www.business-standard.com/opinion/columns/budget-2025-26-five-key-focus-areas-to-accelerate-growth-amid-uncertainty-125012301560_1.html A push to manufacturing through these clusters will help us capitalise on the China-plus-one opportunity presented globally Listen to This Article The Union
*****Echoes of the 1980s: Inflation, wars, and slowing growth resurface globally | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/echoes-of-the-1980s-inflation-wars-and-slowing-growth-resurface-globally-125012401665_1.html The decade was also marked by the so-called “Star Wars”. This was an American effort to bankrupt the USSR by pretending to develop
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