Clipped from: https://taxguru.in/income-tax/reopening-assessments-section-147-w-e-f-01-04-2021.html The Finance Act, 2021 had changed the law applicable to the reopening of assessments with effect from 1st April, 2021. Relevant sections are sections 147 to
Category: Seven Star
👍👍👍👍👍👍👍One Person Company (OPC) in India
Clipped from: https://taxguru.in/company-law/person-company-opc-india.html Before the enforcement of the Companies Act 2013 a single person could not establish a company. But the Companies Act 2013, introduced a
👍👍👍👍👍👍👍Taxation of Income from Sale of Shares
Clipped from: https://taxguru.in/income-tax/taxation-income-sale-shares.html Income earned by the sale of shares and mutual funds is covered under the heading ‘Income from Capital Gain’. The capital gain can
👍👍👍👍👍👍👍 Foreign Trade Policy 2023 announced
Clipped from: https://taxguru.in/dgft/foreign-trade-policy-2023-announced.html Foreign Trade Policy 2023 announced FTP 2023 is a dynamic and open ended Policy that will accommodate the emerging needs: Sh. Piyush Goyal PM
👍👍👍👍👍👍👍Harvest tax on equity holdings by March 31 | The Financial Express
Clipped from: https://www.financialexpress.com/money/harvest-tax-on-equity-holdings-by-march-31/3022738/ Equity investors must look at tax harvesting before March 31 to reduce their long-term capital gains (LTCG) tax liability. As LTCG up to
👍👍👍👍👍👍👍STT hike could push FPIs to relocate operations to India to save tax – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stt-hike-could-push-fpis-to-relocate-operations-to-india-to-save-tax/article66664190.ece If they are located in India, FPIs will be able to adjust the STT already paid against their tax outgo The recent hike
🙏🙏🙏🙏🙏🙏🙏What the tax axe on debt funds means for investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/mutual-funds/what-the-tax-axe-on-debt-funds-means-for-investors/article66656713.ece For investors in debt, international and gold funds, this tax shock means having to revisit and fully rework their asset allocation decisions From
🙏🙏🙏🙏🙏🙏🙏Lower-rated corporates may find it difficult to raise resources due to changes in tax rules – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/lower-rated-corporates-may-find-it-difficult-to-raise-resources/article66658033.ece Experts say that removal of LTCG tax benefits on debt mutual funds will pose challenges for the corporate bond market Raising resources via bonds could
👍👍👍👍👍👍👍RERA and Income Tax Checklist for a Home Buyer
Clipped from: https://taxguru.in/income-tax/rera-income-tax-checklist-home-buyer.html Buying your dream home today is a gigantic task. You have many options to select from that you are often spoilt for choice.
👍👍👍👍👍👍👍Assessing contagion: ‘Little, then lottle’, like ketchup coming out of bottle | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/assessing-contagion-little-then-lottle-like-ketchup-coming-out-of-bottle-123031701111_1.html In every systemic crisis, there are initial soothing noises from regulators and commentators: There won’t be contagion. Except that eventually there is contagion
🙏🙏🙏🙏🙏🙏🙏ECB hikes rate by 50bps to 3.5% despite bank chaos; highest since Oct 2008 | Business Standard News
Clipped from: https://www.business-standard.com/article/international/ecb-hikes-rate-by-50bps-to-3-5-despite-bank-chaos-highest-since-oct-2008-123031601112_1.html In a post-meeting statement, the bank called the banking sector in the 20 countries using the euro currency resilient, with strong finances The
🙏🙏🙏🙏🙏🙏🙏Global uncertainty rising, need to maintain margins of safety: V Nageswaran | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/global-uncertainty-rising-need-to-maintain-margins-of-safety-v-nageswaran-123031600460_1.html CEA V Anantha Nageswaran said the global uncertainty has been rising after the recent developments in the US and govts, businesses and individuals
👍👍👍👍👍👍👍No case for extending gold ‘hallmarking’ deadline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/no-case-for-extending-gold-hallmarking-deadline/article66623798.ece Hallmarking and assaying centres may have to be increased going ahead Jewellers have been given enough time to comply with the new hallmarking
👍👍👍👍👍👍👍Can Indian banks implode like SVB? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/can-indian-banks-implode-like-svb/article66623716.ece In SVB’s case the asset-liability gap is huge. India has diversified liabilities in the form of a retail deposit base, while investment portfolios