Category: Three Star
👍👍👍Limited interest, low recoveries: Prepack insolvency scheme in slow lane | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/limited-interest-low-recoveries-prepack-insolvency-scheme-in-slow-lane-124052600722_1.html Clipped from: https://www.business-standard.com/economy/news/limited-interest-low-recoveries-prepack-insolvency-scheme-in-slow-lane-124052600722_1.html In 2021 when the country was reeling from the Covid-19 pandemic, the government promulgated an ordinance and amended the insolvency law to
👍👍👍India’s GDP growth in Q4 likely slowed to at least a four-quarter low | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/india-s-gdp-growth-likely-slowed-to-four-quarter-low-in-q4-of-fy24-124052600651_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-gdp-growth-likely-slowed-to-four-quarter-low-in-q4-of-fy24-124052600651_1.html NSO to release Q4 growth numbers, FY24 provisional estimates on Friday Listen to This Article After experiencing strong growth rates of above
👍👍👍China pips US to be India’s largest trade partner in FY24 – Economy News | The Financial Express
https://www.financialexpress.com/policy/economy-china-pips-us-to-be-indias-largest-trade-partner-in-fy24-3502146/ Clipped from: https://www.financialexpress.com/policy/economy-china-pips-us-to-be-indias-largest-trade-partner-in-fy24-3502146/ Goods imports from neighbour crosses $100-billion. With the US, India also has a consistent services trade surplus. (IE) While China emerged as
👍👍👍Algo-based MSME lending: How AI can make credit assessment more inclusive, accurate, efficient – SME News | The Financial Express
https://www.financialexpress.com/business/sme/algo-based-msme-lending-how-ai-can-make-credit-assessment-more-inclusive-accurate-efficient/3501851/ Clipped from: https://www.financialexpress.com/business/sme/algo-based-msme-lending-how-ai-can-make-credit-assessment-more-inclusive-accurate-efficient/3501851/ On May 15th, RBI Deputy Governor Swaminathan J cautioned non-banking financial companies (NBFCs) against over-reliance on algorithm-based credit models. While these models
👍👍👍First things first: Boost labour efficiency to spur growth – Economy News | The Financial Express
https://www.financialexpress.com/policy/economy-first-things-first-boost-labour-efficiency-to-spur-growth-3502316/ Clipped from: https://www.financialexpress.com/policy/economy-first-things-first-boost-labour-efficiency-to-spur-growth-3502316/ A chequered poll season is about to end. As the dust settles, the new government at the Centre would find itself with
Cost, accuracy still evolving in AI models: TCS – Digital Transformation News | The Financial Express
https://www.financialexpress.com/business/digital-transformation-cost-accuracy-still-evolving-in-ai-models-tcs-3502400/ Clipped from: https://www.financialexpress.com/business/digital-transformation-cost-accuracy-still-evolving-in-ai-models-tcs-3502400/ In manufacturing, AI is used for predictive maintenance of equipment, helping to avoid downtime and reduce repair costs. Yet, an overwhelming 86%
Interest allowable on delayed refunds of GST Input Tax Credit: Telangana HC
https://taxguru.in/goods-and-service-tax/interest-allowable-delayed-refunds-gst-input-tax-credit-telangana-hc.html Clipped from: https://taxguru.in/goods-and-service-tax/interest-allowable-delayed-refunds-gst-input-tax-credit-telangana-hc.html Qualcom India Private Limited Vs Deputy Commissioner (ST)(FAC) and Ors. (Telangana High Court) Introduction: The Telangana High Court recently addressed the issue of
👍👍👍Go for a health plan that covers mental illness – Insurance News | The Financial Express
https://www.financialexpress.com/money/insurance-go-for-a-health-plan-that-covers-mental-illness-3500772/ Clipped from: https://www.financialexpress.com/money/insurance-go-for-a-health-plan-that-covers-mental-illness-3500772/ A plan that also offers cover for psychiatric consultations is best. All policyholders need to serve a waiting period in which certain
IRDAI reduces audit firm term to bolster audit quality – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/irdai-reduces-audit-firm-term-to-bolster-audit-quality/article68215498.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/irdai-reduces-audit-firm-term-to-bolster-audit-quality/article68215498.ece Mandates rotation of joint audit firms every four years, with a three-year cooling period for retiring firms Insurance regulator IRDAI’s new corporate
FPIs gradually loading upon on Indian bonds in the run up to inclusion in global bond indices – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/fpis-gradually-loading-upon-on-indian-bonds-in-the-run-up-to-inclusion-in-global-bond-indices/article68217796.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/fpis-gradually-loading-upon-on-indian-bonds-in-the-run-up-to-inclusion-in-global-bond-indices/article68217796.ece FPIs holding in total ownership of G-Secs saw the maximum increase of 31 basis points amongst all categories of investors, moving up
India in trade deficit with nine of top 10 trading partners in 2023-24 – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/india-in-trade-deficit-with-nine-of-top-10-trading-partners-in-2023-24/article68217875.ece Clipped from: https://www.thehindubusinessline.com/economy/india-in-trade-deficit-with-nine-of-top-10-trading-partners-in-2023-24/article68217875.ece China has emerged as India’s largest trading partner with $118.4 billion of two-way commerce in 2023-24, edging past the US India has
Consultations underway at MCA for expansion of audit firms in India | Company News – Business Standard
https://www.business-standard.com/companies/news/consultations-underway-at-mca-for-expansion-of-audit-firms-in-india-124052301019_1.html Clipped from: https://www.business-standard.com/companies/news/consultations-underway-at-mca-for-expansion-of-audit-firms-in-india-124052301019_1.html These discussions have involved representatives from notable firms who have independently submitted their recommendations to the ministry Listen to This Article The
What will be the impact of the RBI’s cash disbursal limit on gold loan? | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/what-will-be-the-impact-of-the-rbi-s-cash-disbursal-limit-on-gold-loan-124052301204_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/what-will-be-the-impact-of-the-rbi-s-cash-disbursal-limit-on-gold-loan-124052301204_1.html The push for increased transparency and reduced cash transactions aligns well with the RBI’s objectives, promoting a more secure and compliant lending
Interest received from Co-operative Banks– is not taxable — Courtesy Taxguru
https://taxguru.in/income-tax/section-80p2d-deduction-dividend-co-op-banks-credit-society.html Clipped from: https://taxguru.in/income-tax/section-80p2d-deduction-dividend-co-op-banks-credit-society.html Mahapalika Kshetra Madhyamik Shikshak Sahakari Pat Sanstha Maryadit Vs CIT(A) (ITAT Mumbai) Dividend which is earned by the Society registered under Maharashtra
No Obligation to Access GST Portal for E-Mode Notices: HC Sets Aside Order
https://taxguru.in/goods-and-service-tax/obligation-access-gst-portal-e-mode-notices-hc-sets-aside-order.html Clipped from: https://taxguru.in/goods-and-service-tax/obligation-access-gst-portal-e-mode-notices-hc-sets-aside-order.html Chemsilk Commerce Pvt Ltd Vs State of U.P. and Another (Allahabad High Court) The case of Chemsilk Commerce Pvt Ltd Vs State
No record of service of notice or order: Bombay HC set aside GST Refund rejection order
https://taxguru.in/goods-and-service-tax/record-service-notice-order-bombay-hc-set-aside-gst-refund-rejection-order.html Clipped from: https://taxguru.in/goods-and-service-tax/record-service-notice-order-bombay-hc-set-aside-gst-refund-rejection-order.html Netcore Solutions Pvt. Ltd. Vs Union of India & Ors. (Bombay High Court) The Hon’ble Bombay High Court allowed the writ petition
Penalty for Delay in Filing of Form MSME-1
https://taxguru.in/company-law/penalty-delay-filing-form-msme-1.html Clipped from: https://taxguru.in/company-law/penalty-delay-filing-form-msme-1.html The submission of MSME-1 is not only a requirement of the Companies Act, but it also has implications on the Income Tax
Assessee cannot be adjudicated by CGST, assigned to SGST authority or vice-versa
https://taxguru.in/goods-and-service-tax/assessee-adjudicated-cgst-assigned-sgst-authority-vice-versa.html Clipped from: https://taxguru.in/goods-and-service-tax/assessee-adjudicated-cgst-assigned-sgst-authority-vice-versa.html In a significant ruling, the Hon’ble Madras High Court in the case of Ram Agencies v. Assistant Commissioner of Central Tax [W.P. (MD) NO.
Form GST ITC-03
https://taxguru.in/goods-and-service-tax/form-gst-itc-03.html Clipped from: https://taxguru.in/goods-and-service-tax/form-gst-itc-03.html ITC 03 is a form that is filed under special circumstances. Form GST ITC – 03 is to be filled up by
aniltikotekar4sme.com 