Category: News of interest

Clipped from: https://www.business-standard.com/article/finance/indian-banks-going-through-a-purple-patch-npas-trending-downwards-123010301173_1.html Banks have been slow to pass the rate hikes on the liabilities while the assets side saw immediate revision Stronger than expected credit

Clipped from: https://www.business-standard.com/article/companies/tea-industry-facing-multiple-challenges-in-wake-of-covid-pandemic-experts-123010200704_1.html According to industry experts, the fall in production had helped in higher price realisation at the auctions The tea industry has been no exception to

Clipped from: https://www.thehindubusinessline.com/money-and-banking/rupee-is-the-least-misaligned-in-the-face-of-tsunamis-of-global-spillovers-rbi-guv-das/article66086875.ece ‘Fundamental factors that drive the exchange rate have also moved distinctly in India’s favour since 2013’ Reserve Bank of India (RBI) Governor Shaktikanta

Clipped from: https://www.business-standard.com/article/economy-policy/unemployment-rate-rises-to-16-month-high-of-8-30-in-dec-2022-cmie-123010100102_1.html The urban unemployment rate rose to 10.09% in December from 8.96% in the previous month, while the rural unemployment rate slipped to 7.44%

Clipped from: https://www.taxscan.in/recovery-of-gst-during-ibc-proceedings-cbic-clarifies/239306/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Recovery%20of%20GST%20during%20IBC%20Proceedings:%20CBIC%20Clarifies By Rasheela Basheer – On December 27, 2022 9:31 pm The Central Board of Indirect Taxes and Customs ( CBIC ) has issued a clarification regarding the treatment

Ashioka Palace V ITO–80P2D

Clipped from: https://www.thehindu.com/opinion/op-ed/should-courts-close-for-vacation/article66292331.ece In a conversation moderated by Sonam Saigal, Justice (retired) Indu Malhotra and Devadatt Kamat discuss whether courts should close for vacations amid the overall burden of cases on

Clipped from: https://www.taxscan.in/initiation-of-re-assessment-proceeding-beyond-six-years-is-barred-by-limitationnot-valid-calcutta-hc/234323/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Initiation%20of%20Re-assessment By Yogitha S. Yogesh – On December 15, 2022 3:37 pm The Calcutta High Court (HC) has held that the Initiation of re-assessment proceeding beyond six

Clipped from: https://taxguru.in/goods-and-service-tax/gst-reimbursement-expenses-actual-cost-incurred-employee-staffs.html In re Yaadvi Scientific Solutions Private Limited (GST AAR Karnataka) i. Whether on reimbursement of expenses at actual cost which are incurred by

Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-rupifi-announces-loan-disbursement-worth-rs-2000-crore-in-the-last-two-years/2911981/ Credit and Finance for MSMEs: The B2B payments company Rupifi announced growth at 407.7 per cent over last year on account of the

Clipped from: https://indianexpress.com/article/explained/explained-economics/gst-on-online-gaming-casinos-racing-issues-in-the-debate-8285255/ A ministerial panel is likely to recommend a uniform 28 per cent tax rate, irrespective of whether it is a game of skill