Category: News of interest

Clipped from: https://www.business-standard.com/markets/news/wall-street-falls-sharply-as-fed-signals-slower-rate-cuts-next-year-124121900049_1.html For the Dow it was its tenth consecutive daily loss, marking its longest losing streak since 1974 and its biggest daily percentage decline

Clipped from: https://www.business-standard.com/economy/news/fed-cuts-key-interest-rates-by-0-25-reverse-repo-rate-lowered-to-4-25-124121900028_1.html Analysts believe the largely expected adjustment is a bid by the Fed to nudge cash out of a facility that’s widely viewed as

Clipped from: https://www.financialexpress.com/policy/economy-donald-trump-says-india-charges-a-lot-of-tariff-threatens-to-impose-reciprocal-tax-3694274/?ref=policy_hp The president-elect criticised the current US approach, claiming American goods are often taxed abroad without equivalent retaliation. US President elect Donald Trump also

Clipped from: https://www.financialexpress.com/market/commodities-rupee-slides-to-record-lows-on-strong-dollar-demand-fii-outflows-3694738/?ref=markets_hp Market participants are awaiting key data releases, including the US current account balance and housing data, as well as the outcome of the

lipped from: https://www.financialexpress.com/jobs-career/us-announces-wholesale-changes-to-h-1b-visa-rules-a-boon-for-indian-techies-3694822/?ref=hometop_hp The new rules also aim to improve the annual H-1B lottery system by target duplicate registrations which will combat the fraudulent practices and

he Income Tax Appellate Tribunal (ITAT), Bangalore recently held that no penalty may be levied on an Assessee if they have made genuine disclosure of

Clipped from: https://www.youtube.com/watch?v=LdllXZqRZUA&ab_channel=CNBC-TV18

Clipped from: https://www.financialexpress.com/opinion/wealth-tax-a-bad-idea/3694046/ More revenue is needed for health and education, but Piketty’s recommendation is problematic. An income tax can be levied easily while wealth is

Clipped from: https://www.financialexpress.com/business/sme-proposed-digital-competition-bill-likely-to-hurt-msmes-and-startups-survey-3693112/ The draft bill, which was released in March this year, with provisions such as restrictions on tailored ad placements and prohibitions on bundled

Clipped from: https://www.business-standard.com/industry/news/indian-online-gaming-industry-tax-demands-february-2025-gst-skill-vs-chance-124121800990_1.html While some firms have already received tax demands, gaming industry bodies are lobbying to prevent aggressive enforcement actions until the Supreme Court resolves

Clipped from: https://www.business-standard.com/markets/stock-market-news/sensex-nifty-fall-for-third-day-as-fpis-pull-funds-ahead-of-fed-meet-124121801143_1.html Overseas investors pull out Rs 8,000 crore this week amid rupee slide Photo: Bloomberg Benchmark indices declined for the third consecutive day amid

Clipped from: https://www.business-standard.com/markets/news/not-asian-paints-berger-and-indigo-paints-may-shine-in-h2fy25-says-nuvama-124121800162_1.html The brokerage sees brighter prospects for these emerging contenders (Berger & Indigo) in the second half of FY25 (H2FY25), citing several headwinds for

Clipped from: https://www.business-standard.com/economy/news/at-129-bn-india-top-recipient-of-remittances-this-year-world-bank-124121801266_1.html The growth rate of remittances this year is estimated to be 5.8 per cent, compared to 1.2 per cent registered in 2023 Listen

Clipped from: https://www.business-standard.com/india-news/sc-classifies-small-bottles-of-coconut-oil-as-edible-to-be-taxed-at-5-gst-124121801285_1.html The court, however, clarified that if coconut oil is packaged in small bottles and labelled as hair oil, it should be classified as

Clipped from: https://www.thehindubusinessline.com/opinion/musk-looks-unstoppable/article69001463.ece With Nasdaq at record highs and Tesla stock soaring, Elon Musk’s fortune could touch half a trillion dollars sooner than later There’s only

Clipped from: https://www.thehindubusinessline.com/markets/gold/indias-record-gold-imports-inflated-by-calculation-error-report/article69001517.ece If an error is indeed identified, the trade figures are likely to be revised and traders could expect some correction in the foreign-exchange

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gst-meeting-the-future-of-gst-in-india-what-business-should-expect-in-2025-457612-2024-12-17 The upcoming 55th GST Council meeting in Jaisalmer will conduct a comprehensive assessment of the existing Goods and Services Tax (GST) framework, specifically

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-ais-transaction-mismatch-heres-how-i-t-dept-is-helping-taxpayers-457637-2024-12-17 The Central Board of Direct Taxes (CBDT) stated that they have initiated an electronic campaign to help taxpayers address any inconsistencies between the

Clipped from: https://www.businesstoday.in/latest/trends/story/rs-8-lakh-investment-return-rs-0-youtuber-announces-exit-from-content-creation-deletes-250-videos-457784-2024-12-18 In a series of posts on X, Nalini Unagar detailed her journey and the challenges she faced, stating that she is now selling

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/how-pan-20s-qr-code-can-save-you-from-fraud-check-why-issuing-a-new-pan-card-can-be-useful-457819-2024-12-18 The introduction of dynamic QR codes in PAN 2.0 ensures that users always have access to the most up-to-date information, thereby improving usability.