Category: News of interest

Read more at: https://taxguru.in/goods-and-service-tax/gst-interest-payable-credit-component-itc.htmlCopyright © Taxguru.in Clipped from: https://taxguru.in/goods-and-service-tax/gst-interest-payable-credit-component-itc.html Voltech O And M Services Private Ltd. Vs Superintendent of GST And Central Excise (Madras High Court) The

Read more at:https://economictimes.indiatimes.com/wealth/save/rs-2000-note-withdrawn-what-happens-if-you-fail-to-deposit-exchange-it-by-september-30-2023/articleshow/100372522.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Clipped from: https://economictimes.indiatimes.com/wealth/save/rs-2000-note-withdrawn-what-happens-if-you-fail-to-deposit-exchange-it-by-september-30-2023/articleshow/100372522.cms Preeti Motiani Editor, The Economic Times Synopsis The Reserve Bank of India (RBI) has decided to withdraw Rs 2000 bank

Read more at:https://economictimes.indiatimes.com/wealth/save/rs-2000-note-withdrawn-from-circulation-if-bank-finds-your-note-to-be-fake-this-is-what-will-happen/articleshow/100362572.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Clipped from: https://economictimes.indiatimes.com/wealth/save/rs-2000-note-withdrawn-from-circulation-if-bank-finds-your-note-to-be-fake-this-is-what-will-happen/articleshow/100362572.cms Synopsis RBI has instructed all banks to follow the central bank’s master direction on dealing with counterfeit notes in case

Read more at:https://economictimes.indiatimes.com/news/economy/policy/what-indias-decision-to-scrap-its-rs-2000-note-means-for-its-economy/articleshow/100370860.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Clipped from: https://economictimes.indiatimes.com/news/economy/policy/what-indias-decision-to-scrap-its-rs-2000-note-means-for-its-economy/articleshow/100370860.cms Synopsis While the notes will remain legal tender, Indian citizens have been advised to deposit or exchange them by 30

Clipped from: https://www.financialexpress.com/money/tcs-on-credit-card-calculation-how-much-extra-will-you-have-to-pay-on-an-international-trip/3093821/ The Central government has notified the amended rules under the FEMA to include international credit card transactions in the Liberalised Remittance Scheme. The

Clipped from: https://www.business-standard.com/opinion/columns/a-sustainable-growth-rate-at-what-level-will-india-have-no-output-gap-123051900902_1.html Domestic commentators need to engage with the issue of growth rate at which India will have no “output gap” – is it really

Clipped from: https://www.business-standard.com/finance/news/reserve-bank-of-india-to-withdraw-rs-2-000-currency-note-from-circulation-123051900976_1.html The RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect Listen to This Article The Reserve Bank of

Clipped from: https://www.thehindubusinessline.com/opinion/india-cannot-afford-to-let-ai-disrupt-the-labour-market/article66867298.ece Uncontrolled usage of AI across industries will result in massive job losses. This will not bode well for a labour surplus country like

Clipped from: https://www.thehindubusinessline.com/economy/remittances-for-travel-and-incidental-expenses-related-to-education-medical-treatment-to-attract-same-tcs-rate-as-that-on-education-and-medical-treatment/article66866655.ece  Rates of TCS vary between 0.5 to 20 per cent and aAn Indian resident can remit up to $2,50,000 under LRS Parents who

Clipped from: https://www.thehindubusinessline.com/economy/comprehensive-it-platform-needed-for-end-to-end-digitisation-of-ibc-activities-says-ibbi-chief-mital/article66853598.ece Current challenge of disintegrated IT platforms affecting IBC efficiency IBC stakeholders working in silos having created operational fragmentation, IBBI chief Ravi Mital has

lipped from: https://www.thehindubusinessline.com/economy/centre-states-to-initiate-special-drive-against-fake-gst-registration-from-tuesday/article66852277.ece A Special All-India Drive may be launched by all tax administrations to detect fake GSTINs and to conduct verification to weed out these

Clipped from: https://www.thehindubusinessline.com/opinion/bridging-the-care-deficit/article66854445.ece Working women will benefit from care givers A cartoon making the rounds on social media showed eight professionals, including a cook, a driver,

GST collections: hype and reality GST collections: hype and reality – The Hindu BusinessLine Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/gst-collections-hype-and-reality/article66854556.ece The GST regime has resulted in fiscal stress in

Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-leg-up-for-start-ups/article66854576.ece Start-ups need supportive policies now If fund-raising became difficult for start-ups in 2022 due to the interest rate hikes of global central banks

Clipped from: https://www.thehindubusinessline.com/opinion/why-cas-have-been-brought-under-pmlas-ambit/article66824372.ece The trigger may have been the role of CAs in Chinese loan apps. But lawyers too must be subject to similar scrutiny On

Clipped from: https://www.thehindubusinessline.com/opinion/perils-of-trading-globally-in-rupee/article66824402.ece Money matters. It could lead to convertibility of the currency on the capital account, for which India may not be ready In recent

Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-what-if-us-debt-ceiling-is-not-raised/article66829786.ece Moody’s Analytics predicts that a four-month default would shave around 4 per cent from US GDP and result in companies slashing nearly seven