https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece Clipped from: https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece While Maharashtra tops the list in number of cases, Delhi leads in terms of amount fraudulently availed and detected Central GST Administration
Category: Study
‘India’s major ports are readying for growth’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece lipped from: https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece Shipping Minister Sarbananda Sonowal outlines how major ports are ramping up despite global headwinds Indian ports are witnessing a marked improvement in
Will rupee trade gain currency globally? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/will-rupee-trade-gain-currency-globally/article67112981.ece lipped from: https://www.thehindubusinessline.com/opinion/will-rupee-trade-gain-currency-globally/article67112981.ece India has taken steps to de-dollarise trade. But shaking off dollar dominance is easier said than done The US dollar has long
Data gaps complicate response to food inflation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/data-gaps-complicate-response-to-food-inflation/article67112235.ece lipped from: https://www.thehindubusinessline.com/opinion/editorial/data-gaps-complicate-response-to-food-inflation/article67112235.ece To assess whether a crisis exists or not, information on output and stocks is crucial. In its absence, it is difficult to
Don’t see us as a villain, NFRA Chairman Pandey tells auditing fraternity – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/dont-see-us-as-a-villain-nfra-chairman-pandey-tells-auditing-fraternity/article67106121.ece Clipped from: https://www.thehindubusinessline.com/economy/dont-see-us-as-a-villain-nfra-chairman-pandey-tells-auditing-fraternity/article67106121.ece Audit regulator only keen to assist auditing fraternity improve audit quality, financial reporting system in the country The National Financial Reporting Authority
FTAs: Learning from peers
https://www.business-standard.com/opinion/columns/ftas-learning-from-peers-123072601224_1.html Clipped from: https://www.business-standard.com/opinion/columns/ftas-learning-from-peers-123072601224_1.html India should emulate its peers and adopt more flexible negotiating approaches in its FTAs Illustration: Binay Sinha In India’s free trade agreement
Relying solely on corporate health insurance plan can impact your finances
https://www.business-standard.com/finance/personal-finance/relying-solely-on-a-corporate-health-plan-can-impact-your-finances-123072600690_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/relying-solely-on-a-corporate-health-plan-can-impact-your-finances-123072600690_1.html Supplement it with a retail plan with adequate sum insured, and no room rent or disease-wise capping Listen to This Article A
Stock markets and economic growth have little correlation, says Mukherjea
https://www.business-standard.com/markets/interviews/stock-markets-and-economic-growth-have-little-correlation-says-mukherjea-123072600781_1.html lipped from: https://www.business-standard.com/markets/interviews/stock-markets-and-economic-growth-have-little-correlation-says-mukherjea-123072600781_1.html Saurabh Mukherjea tells that regardless of what happens to the global economy, this post-pandemic stock market rally will continue Saurabh Mukherjea, founder
MPC to remain watchful – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/mpc-to-remain-watchful/article67124352.ece Clipped from: https://www.thehindubusinessline.com/opinion/mpc-to-remain-watchful/article67124352.ece Vegetable prices, kharif yields are pain points The Monetary Policy Committee (MPC) is set to meet during August 8-10, 2023, with a
DGFT Santosh Sarangi: India targets 12% annual merchandise export growth for $1tn vision: DGFT’s Santosh Sarangi – The Economic
https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-targets-12-annual-merchandise-export-growth-for-1tn-vision-dgfts-santosh-sarangi/articleshow/102105542.cms Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-targets-12-annual-merchandise-export-growth-for-1tn-vision-dgfts-santosh-sarangi/articleshow/102105542.cms Synopsis Santosh Sarangi said that in the service sector, the country needs to grow at 16.6% on an average every year. Mumbai:
Issuance of Cheque to Associate Concerns from OCC Account cannot be Construed as Diversion of WC Loan Fund: ITAT deletes addition of Rs. 79.15cr
Clipped from: https://www.taxscan.in/issuance-of-cheque-to-associate-concerns-from-occ-account-cannot-be-construed-as-diversion-of-wc-loan-fund-itat-deletes-addition-of-rs-79-15cr/303040/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Issuance%20of%20Cheque%20to%20Associate%20Concerns%20from%20OCC%20Account%20cannot%20be%20Construed%20as%20Diversion%20of%20WC%20Loan%20Fund:%20ITAT%20deletes%20addition%20of%20Rs.%2079.15cr The Chennai bench of Income Tax Appellate Tribunal (ITAT) observed that issuance of cheque to associate concerns from OCC account cannot be construed as diversion of working
Income Tax Return: Here is what you should do if you receive a notice from the income tax department – BusinessToday
https://www.businesstoday.in/personal-finance/tax/story/income-tax-return-here-is-what-you-should-do-if-you-receive-a-notice-from-the-income-tax-department-391352-2023-07-26 Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-return-here-is-what-you-should-do-if-you-receive-a-notice-from-the-income-tax-department-391352-2023-07-26 You can receive a notice for a variety of reasons, ranging from non-filing to just a routine scrutiny Nowadays tax notices are
Is the external sector resilient? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/is-the-external-sector-resilient/article67120680.ece Clipped from: https://www.thehindubusinessline.com/opinion/is-the-external-sector-resilient/article67120680.ece Current account deficit, volatile capital flows and data dissemination issues have to be closely watched Last month, the RBI released key data-points
Insurers gave fake invoices when quizzed on tax credit claims: Officials
https://www.business-standard.com/economy/news/insurers-gave-fake-invoices-when-quizzed-on-tax-credit-claims-officials-123072600388_1.html Clipped from: https://www.business-standard.com/economy/news/insurers-gave-fake-invoices-when-quizzed-on-tax-credit-claims-officials-123072600388_1.html GST E-way bill is a document used to trace goods in transit to verify the authenticity of input credit claims Tax officials
1,103 MSME claims pending under Vivad Se Vishwas dispute resolution scheme; this many units supported | The Financial Express
https://www.financialexpress.com/industry/sme/1103-msme-claims-pending-under-vivad-se-vishwas-dispute-resolution-scheme-this-many-units-supported/3186747/ Clipped from: https://www.financialexpress.com/industry/sme/1103-msme-claims-pending-under-vivad-se-vishwas-dispute-resolution-scheme-this-many-units-supported/3186747/ Under the scheme, launched on April 17, MSMEs unable to execute government contracts during the Covid period were allowed a 95 per
Walmart, Flipkart sign MoU with Telangana govt to help MSMEs sell goods online | The Financial Express
https://www.financialexpress.com/industry/sme/walmart-flipkart-sign-mou-with-telangana-govt-to-help-msmes-sell-goods-online/3187392/ Clipped from: https://www.financialexpress.com/industry/sme/walmart-flipkart-sign-mou-with-telangana-govt-to-help-msmes-sell-goods-online/3187392/ Under the MoU, Walmart will offer support to MSMEs to digitise their businesses and fuel capacity building for the state of Telangana.
One District One Product: 137 unique products from 713 districts notified | The Financial Express
https://www.financialexpress.com/industry/sme/137-unique-products-from-713-districts-selected-for-one-district-one-product-mos-prahlad-patel/3187417/ Clipped from: https://www.financialexpress.com/industry/sme/137-unique-products-from-713-districts-selected-for-one-district-one-product-mos-prahlad-patel/3187417/ MoFPI is extending the credit-linked subsidy to individuals interested in setting up micro-enterprises for food processing according to the guidelines of the
👍👍👍👍👍Russia’s oil production cuts offers opportunity to Indian refiners to increase diesel exports to Europe – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/russias-oil-production-cuts-offers-opportunity-to-indian-refiners-to-increase-diesel-exports-to-europe/article67112693.ece Clipped from: https://www.thehindubusinessline.com/economy/russias-oil-production-cuts-offers-opportunity-to-indian-refiners-to-increase-diesel-exports-to-europe/article67112693.ece Trade sources said that Russia is slashing exports, particularly the largest selling medium heavy Ural blend A window of opportunity has opened
👍👍👍👍👍Over 5,000 cases of PAN/Aadhaar misuse to claim ITC identified – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece Clipped from: https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece While Maharashtra tops the list in number of cases, Delhi leads in terms of amount fraudulently availed and detected Central GST Administration
Don’t dilute the human factor in audit – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/dont-dilute-the-human-factor-in-audit/article67116910.ece Clipped from: https://www.thehindubusinessline.com/opinion/dont-dilute-the-human-factor-in-audit/article67116910.ece Systems now largely drive the audit process. But to know where things can go wrong, the human element plays a vital role
aniltikotekar4sme.com 