https://taxguru.in/income-tax/demystifying-section-43b-msme-payment-deductions-union-budget-2023.html Clipped from: https://taxguru.in/income-tax/demystifying-section-43b-msme-payment-deductions-union-budget-2023.html Latest Important Amendment in Section 43B of Income Tax Act related to MSME (Small and Micro) vide insertion of Clause (h) to
Category: Study
Section 43B Amendment: MSME Dues Disallowance Post Budget, 2023
https://taxguru.in/chartered-accountant/section-43b-amendment-msme-dues-disallowance-post-budget-2023.html Clipped from: https://taxguru.in/chartered-accountant/section-43b-amendment-msme-dues-disallowance-post-budget-2023.html Amendment in Section 43B of Income Tax Act, 1961 (Certain expenses to be allowed on payment basis) by insertion of new clause
Study on MSME – A Game Changer
https://taxguru.in/income-tax/study-msme-game-changer.html Clipped from: https://taxguru.in/income-tax/study-msme-game-changer.html Introduction All Business Enterprises, whether commercial or non-commercial, commence their activities in a bootstrapped manner. Over the years, with their vision, persistent
E-Invoicing under Indian GST Law
https://taxguru.in/goods-and-service-tax/e-invoicing-indian-gst-law.html Clipped from: https://taxguru.in/goods-and-service-tax/e-invoicing-indian-gst-law.html Introduction: E-invoicing under the Indian GST law is a concept which is similar to e-way bill where the details of the tax
MSME Payments under Section 43B(h): Deductions on Actual Payment
Read more at: https://taxguru.in/income-tax/msme-payments-section-43bh-deductions-actual-payment.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/msme-payments-section-43bh-deductions-actual-payment.html Clipped from: https://taxguru.in/income-tax/msme-payments-section-43bh-deductions-actual-payment.html Payment to MSME in Section 43B(h) Income Tax Certain deductions to be only on actual payment Introduction: The
Where’s the V-shaped recovery? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/wheres-the-v-shaped-recovery/3368633/ Clipped from: https://www.financialexpress.com/opinion/wheres-the-v-shaped-recovery/3368633/ Data on real wages, jobs, savings, consumption, etc, point at a K-shaped rebound But when underwear sales start to dip, it is
Madras HC dismisses startups’ appeal against Google’s new UCB policy, ‘Lagaan’ to stay – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/madras-hc-dismisses-startups-appeal-against-googles-new-ucb-policy-lagaan-to-stay/article67759519.ece Clipped from: https://www.thehindubusinessline.com/info-tech/madras-hc-dismisses-startups-appeal-against-googles-new-ucb-policy-lagaan-to-stay/article67759519.ece Division Bench However Allows Interim Protection from Delisting to Continue for Three Weeks The court’s decision follows an appeal against a single-judge
Fresh formal job creation dipped to 30-month low levels in Nov: EPFO
https://www.business-standard.com/economy/news/fresh-formal-job-creation-dipped-to-30-month-low-levels-in-nov-epfo-124012000548_1.html Clipped from: https://www.business-standard.com/economy/news/fresh-formal-job-creation-dipped-to-30-month-low-levels-in-nov-epfo-124012000548_1.html In November 2023, the number of new monthly subscribers under the EPF decreased by nearly 10 per cent to 736,015 from 816,721
Lending rates almost peaked, reduction to follow over next 1 year: Bhutada
https://www.business-standard.com/companies/interviews/lending-rates-almost-peaked-reduction-to-follow-over-next-1-year-bhutada-124011900707_1.html Clipped from: https://www.business-standard.com/companies/interviews/lending-rates-almost-peaked-reduction-to-follow-over-next-1-year-bhutada-124011900707_1.html Bhatuda says that as far as passing of the reduction of rates to customers is concerned, the same will follow the interest
China’s economy is in serious trouble
https://www.business-standard.com/opinion/columns/china-s-economy-is-in-serious-trouble-124011901145_1.html lipped from: https://www.business-standard.com/opinion/columns/china-s-economy-is-in-serious-trouble-124011901145_1.html Why is China’s economy, which only a few years ago seemed headed for world domination, in trouble? Photo: Bloomberg Paul Krugman In
Customs Exchange Rates effective from 19th January, 2024
https://taxguru.in/custom-duty/customs-exchange-rates-effective-from-19th-january-2024.html Clipped from: https://taxguru.in/custom-duty/customs-exchange-rates-effective-from-19th-january-2024.html Introduction: The Ministry of Finance, Government of India, through the Department of Revenue, has issued Notification No. 04/2024 – Customs (N.T.) on 18th
Reassessment must be based on new and substantive grounds: Delhi HC
Read more at: https://taxguru.in/income-tax/reassessment-based-new-substantive-grounds-delhi-hc.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/reassessment-based-new-substantive-grounds-delhi-hc.html Clipped from: https://taxguru.in/income-tax/reassessment-based-new-substantive-grounds-delhi-hc.html Kuehne+Nagel Pvt. Ltd. Vs ACIT (Delhi High Court) Introduction: In a recent legal development, the Delhi High Court
Keep a close tab on lending apps – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/keep-a-close-tab-on-lending-apps/article67757276.ece Clipped from: https://www.thehindubusinessline.com/opinion/keep-a-close-tab-on-lending-apps/article67757276.ece With fintech fraud rising, RBI must invest resources in regulating digital lending apps, putting out a white-list The digital age has seen
Consider using debt-service and debt-to-income ratios to assess retail borrowers’ viability: RBI bulletin – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/consider-using-debt-service-and-debt-to-income-ratios-to-assess-retail-borrowers-viability-rbi-bulletin/article67752789.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/consider-using-debt-service-and-debt-to-income-ratios-to-assess-retail-borrowers-viability-rbi-bulletin/article67752789.ece Risk weights on certain segments of consumer credit were enhanced by 25 percentage points In view of rapid growth in retail loans, policymakers may consider
Former Chief Justice, Judges join online dispute resolution platform Presolv360’s advisory council – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/former-chief-justice-judges-join-online-dispute-resolution-platform-presolv360s-advisory-council/article67755193.ece Clipped from: https://www.thehindubusinessline.com/news/former-chief-justice-judges-join-online-dispute-resolution-platform-presolv360s-advisory-council/article67755193.ece The online platform facilitates quick and effective out-of-court resolution of disputes, reducing the cost and resources involved in resolving them Presolv360, an
Two-year extension for implementation of DPDPA required for compliance: Report – The Hindu BusinessLine
https://www.thehindubusinessline.com/incoming/two-year-extension-for-implementation-of-dpdpa-required-for-compliance-report/article67755748.ece lipped from: https://www.thehindubusinessline.com/incoming/two-year-extension-for-implementation-of-dpdpa-required-for-compliance-report/article67755748.ece Among the 13 data fiduciaries interviewed, 54 per cent lacked experience in implementing data protection laws in other jurisdictions, mostly firms with
India did well in not joining RCEP – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/india-did-well-in-not-joining-rcep/article67753310.ece Clipped from: https://www.thehindubusinessline.com/opinion/india-did-well-in-not-joining-rcep/article67753310.ece In the two years since it came into force, RCEP has benefited China much more than other member nations The most crucial
Regulating fintech
https://www.business-standard.com/opinion/editorial/regulating-fintech-124011801049_1.html Clipped from: https://www.business-standard.com/opinion/editorial/regulating-fintech-124011801049_1.html RBI draft guidelines kick off the process Listen to This Article The Reserve Bank of India’s (RBI’s) draft norms for self-regulatory organisations
Inflation needs to align with target by 2nd quarter: RBI monthly bulletin
https://www.business-standard.com/economy/news/inflation-needs-to-align-with-target-by-second-quarter-says-rbi-report-124011800997_1.html Clipped from: https://www.business-standard.com/economy/news/inflation-needs-to-align-with-target-by-second-quarter-says-rbi-report-124011800997_1.html Report says priority for FY25 is to sustain growth momentum of at least 7% Listen to This Article India should sustain the