Clipped from: https://www.thehindubusinessline.com/money-and-banking/expected-loss-based-norms-seen-triggering-billion-dollar-fundraises-by-banks/article66387492.ece Analysts are applauding the decision to introduce the framework at a time when the banking system’s health is robust RBI, on Monday, issued
Category: Seven Star
On a learning curve – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/on-a-learning-curve/article66388196.ece Higher education needs to be professionalised Given India’s changing demographics, professionalisation of higher educational institutions assumes crucial significance and cannot be delayed | Photo
Impact of China’s exit from zero-Covid policy on global and Indian economy – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-impact-of-chinas-exit-from-zero-covid-policy-on-global-and-indian-economy/article66368703.ece The lifting of China’s self-imposed isolation is likely to have both positive and negative spin-offs for the world economy Medical workers attend to
Mere issuance of SCN or letters of personal hearing is not adequate*******
Clipped from: https://taxguru.in/service-tax/issuance-scn-letters-personal-hearing-adequate.html Sai Construction Vs Assistant Commissioner of Central Tax (Telangana High Court) HC held that Mere issuance of show cause notice or letters of
Taxation On Online Gaming – A Taxation Perspective*******
Clipped from: https://taxguru.in/income-tax/taxation-online-gaming-taxation-perspective.html 1. WHAT IS ONLINE GAMING –A BRIEF INTRODUCTION ? Online gaming usually works on a subscription model i.e. users get charged only if they
We fell short, Air India should have acted swiftly: Chandra on ‘pee-gate’ | Business Standard News*******
lipped from: https://www.business-standard.com/article/companies/fell-short-matter-of-personal-anguish-tata-boss-on-air-india-pee-gate-123010800416_1.html “We regret and are pained about these experiences,” Wilson said, adding that the airline was reviewing its policy on serving alcohol Air India’s
Capital Gain Tax on Sale of Properties*******
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-sale-properties.html Sale of Properties is one of the most common ways if one needs fund. But it becomes awful when one have to pay
How sustained 6.5% growth for the rest of the decade can be realistic | Business Standard Column*******
Clipped from: https://www.business-standard.com/article/opinion/how-sustained-6-5-growth-for-the-rest-of-the-decade-can-be-realistic-123010600958_1.html Growth beyond 6% can happen, but there are constraints on both fiscal and monetary policy, which must focus on reducing the current account
Recast farm subsidies – The Hindu BusinessLine*******
Clipped from: https://www.thehindubusinessline.com/opinion/recast-farm-subsidies/article66343188.ece Market distorting fertiliser/power subsidies must go There’s an urgent need to put an end to higher Budget allocations for market-distorting fertiliser and power
Free farmers from state interventions to transform agriculture, says Bibek Debroy – The Hindu BusinessLine*******
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/free-farmers-from-state-interventions-to-transform-agriculture-says-bibek-debroy/article66345427.ece Policies are framed in Parliament and in legislatures representing only the views of large farmers, says EAC Chairman Bibek Debroy, Chairman, Economic Advisory
Subsuming electricity into GST | Business Standard News*******
Clipped from: https://www.business-standard.com/article/economy-policy/subsuming-electricity-into-gst-123010300936_1.html This will reduce costs for businesses, eliminate cross-subsidy and reduce the inefficiencies in the use of electricity by the agriculture and residential sectors
How to secure personal data amid a breach: Here’s a list of dos and don’ts | Business Standard News*******
Clipped from: https://www.business-standard.com/article/current-affairs/explained-how-to-secure-your-online-personal-data-amid-a-breach-123010201112_1.html Use virtual credit cards when you want to make an online transaction India is one of the biggest global centres for cybercrimes. India
Economy growth india: 6.5% growth in FY24 is plausible, says EAC-PM chairman Bibek Debroy | Business Standard News*******
lipped from: https://www.business-standard.com/article/economy-policy/6-5-growth-in-fy24-is-plausible-says-eac-pm-chairman-bibek-debroy-123010200961_1.html ‘Global headwinds apart, there is consensus that the Indian economy this year (FY23) will grow 6.8-7 per cent’ Amid growing concern over the
TDS credit cannot be denied to Assessee for Non-Compliance by Deductor***
Clipped from: https://taxguru.in/income-tax/tds-credit-denied-assessee-non-compliance-deductor.html Bulldog Media & Entertainment Pvt. Ltd. Vs CIT (Appeals) (ITAT Mumbai) We observed that assessee has disclosed the total figure of income in
Tax dept cuts wait for adjustment-related refunds to 21 days – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/economy/tax-dept-cuts-wait-for-adjustment-related-refunds-to-21-days/article66208754.ece Tax dept holds assessing officer responsible for delay in adjustment-related refund claims Taxpayers will get income tax refund sooner in case of adjustment.
Vizhinjam will make a good port – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/vizhinjam-will-make-a-good-port/article66317154.ece It has depth to allow large vessels. A transhipment port,it can wean away Indian cargo from Colombo Vizhinjam has all the features of
Mere non-payment of tax or non-discharge of liability does not suffice ingredients for invoking extended period
Clipped from: https://taxguru.in/service-tax/mere-non-payment-tax-non-discharge-liability-suffice-ingredients-invoking-extended-period.html Principal Commissioner, Service Tax Vs National Institute of Bank Management (CESTAT Mumbai) Mere non-payment of tax or non-discharge of liability does not suffice
Analysis of input tax credit (ITC)
Clipped from: https://taxguru.in/goods-and-service-tax/analysis-input-tax-credit-itc.html INTRODUCTION These days we are hearing a lot in news that India’s position in world’s bank ranking on ease of doing business has
Inflation and agency accountability | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/inflation-and-agency-accountability-122122601033_1.html In tune with global thinking, India created a monetary policy committee to target inflation. Six years later, it’s time to strengthen its accountability
Ensure smooth sailing for the travel industry | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/ensure-smooth-sailing-for-the-travel-industry/2926075/ GST and direct tax laws, in their current form, create several unnecessary hurdles for online travel agents as well as other sub-sections of