Navigating risks: Red Sea attacks’ potential impact on oil and gas shipping – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/logistics/navigating-risks-red-sea-attacks-potential-impact-on-oil-and-gas-shipping/article67656817.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/navigating-risks-red-sea-attacks-potential-impact-on-oil-and-gas-shipping/article67656817.ece Shipping firms and LNG tankers alter routes due to Houthi attacks in the Red Sea, raising post-Covid trade disruption concerns. A U.S.-led

Inspection under GST Act as Per Order of Special Judge without Conducting any Prior Investigation: Delhi HC Quashes Proceedings

https://www.taxscan.in/inspection-under-gst-act-as-per-order-of-special-judge-without-conducting-any-prior-investigation-delhi-hc-quashes-proceedings-read-order/354080/ Clipped from: https://www.taxscan.in/inspection-under-gst-act-as-per-order-of-special-judge-without-conducting-any-prior-investigation-delhi-hc-quashes-proceedings-read-order/354080/ The Delhi High Court quashed the proceedings against the petitioner assessee, as the inspection under the Goods and Service Tax Act, 2017

Interim Relief to Exporter: Kerala HC stays Recovery of Refunded IGST paid on Zero Rated Supplies

Read More: https://www.taxscan.in/interim-relief-to-exporter-kerala-hc-stays-recovery-of-refunded-igst-paid-on-zero-rated-supplies/353935/ https://www.taxscan.in/interim-relief-to-exporter-kerala-hc-stays-recovery-of-refunded-igst-paid-on-zero-rated-supplies/353935/ Clipped from: https://www.taxscan.in/interim-relief-to-exporter-kerala-hc-stays-recovery-of-refunded-igst-paid-on-zero-rated-supplies/353935/ The Kerala High Court, granting an interim relief to petitioner-exporter, stayed the recovery of refunded Integrated Goods and Services Tax

Tax Query: Is Switch from Old to New Tax Regime Allowed Only Once for Self-employed Professionals? – The Hindu BusinessLine

https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-is-switch-from-old-to-new-tax-regime-allowed-only-once-for-self-employed-professionals/article67637730.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-is-switch-from-old-to-new-tax-regime-allowed-only-once-for-self-employed-professionals/article67637730.ece Individual taxpayers with business income can opt for the new income tax regime and will have a one-time chance to return to

RBI likely to keep rates on hold for entire 2024, says Kaustubh Gupta

https://www.business-standard.com/markets/interviews/rbi-likely-to-keep-rates-on-hold-for-entire-2024-says-kaustubh-gupta-123112600560_1.html Clipped from: https://www.business-standard.com/markets/interviews/rbi-likely-to-keep-rates-on-hold-for-entire-2024-says-kaustubh-gupta-123112600560_1.html We believe US rates have peaked, and the US Federal Reserve can start easing in the second half of 2024. However, the

56% to shut bank lockers due to rising rentals, KYC requirement: Survey

https://www.business-standard.com/finance/personal-finance/56-of-locker-holders-plan-to-shut-down-due-to-rising-rentals-survey-123121500558_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/56-of-locker-holders-plan-to-shut-down-due-to-rising-rentals-survey-123121500558_1.html Under the RBI guidelines for banks, revised locker agreements, defining responsibilities and liabilities, must be signed and submitted to the bank branch

By 2047, India to remain a lower middle country if growth remains 6%: Rajan

https://www.business-standard.com/economy/news/by-2047-india-to-remain-a-lower-middle-country-if-growth-remains-6-rajan-123121600876_1.html Clipped from: https://www.business-standard.com/economy/news/by-2047-india-to-remain-a-lower-middle-country-if-growth-remains-6-rajan-123121600876_1.html According to him, the current pace of growth is not enough to employ all those who are entering the labour force and

Overriding Effect of ITC Provisions over Time Limit of Filing Returns: Calcutta HC upholds Constitutional Validity of Section 16(4) of GST Act [Read Order]

Clipped from: https://www.taxscan.in/overriding-effect-of-itc-provisions-over-time-limit-of-filing-returns-calcutta-hc-upholds-constitutional-validity-of-section-164-of-gst-act/353766/ The Calcutta High Court, reaffirming the prevalence of time limit conditions imposed on filing of Goods and Services Tax Returns over legal right

At Rs 10.6 trillion, net direct tax collection rises 23.4% in Apr-Nov

https://www.business-standard.com/economy/news/net-direct-tax-collection-at-rs-10-64-trn-in-apr-nov-58-34-of-be-123121401062_1.html Clipped from: https://www.business-standard.com/economy/news/net-direct-tax-collection-at-rs-10-64-trn-in-apr-nov-58-34-of-be-123121401062_1.html The net tax collection for April-November stood at Rs 10.64 trillion, which is 23.4 per cent higher than the corresponding period of

Crypto adoption high in India, says IMF chief Kristalina Georgieva

https://www.business-standard.com/economy/news/cryptocurrency-adoption-high-in-india-says-imf-md-kristalina-georgieva-123121401287_1.html Clipped from: https://www.business-standard.com/economy/news/cryptocurrency-adoption-high-in-india-says-imf-md-kristalina-georgieva-123121401287_1.html Says high adoption may undermine macro-financial stability Kristalina Georgieva MD, IMF Listen to This Article The International Monetary Fund (IMF) Managing Director

Commerce Ministry submits list of items to FinMin for removal of inverted duties – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/commerce-ministry-submits-list-of-items-to-finmin-for-removal-of-inverted-duties/article67638973.ece Clipped from: https://www.thehindubusinessline.com/economy/commerce-ministry-submits-list-of-items-to-finmin-for-removal-of-inverted-duties/article67638973.ece Budget 2024-25 likely to continue the exercise of addressing inverted duty structure as it leads to inefficiencies, says official The Commerce &

`Focus of Australia-India CECA would be on a good deal, not any deal’ – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/focus-of-australia-india-ceca-would-be-on-a-good-deal-not-any-deal/article67635024.ece Clipped from: https://www.thehindubusinessline.com/economy/focus-of-australia-india-ceca-would-be-on-a-good-deal-not-any-deal/article67635024.ece Interim trade pact increased Australian imports of India’s farm goods by 16%, apparels by 9%, said High Commissioner Philip Green The proposed

SC tells Centre to frame guidelines for search, seizure of e-devices

https://www.business-standard.com/india-news/sc-tells-centre-to-frame-guidelines-for-search-seizure-of-e-devices-123121400994_1.html Clipped from: https://www.business-standard.com/india-news/sc-tells-centre-to-frame-guidelines-for-search-seizure-of-e-devices-123121400994_1.html A Bench of Justices Sanjay Kishan Kaul and Sudhanshu Dhulia on Thursday expressed concern over delay in framing guidelines from 2021 Listen

Credit-deposit ratios of Indian banks may weaken, dent margins in 2024: S&P

https://www.business-standard.com/industry/banking/credit-deposit-ratios-of-indian-banks-may-weaken-dent-margins-in-2024-s-p-123121300646_1.html Clipped from: https://www.business-standard.com/industry/banking/credit-deposit-ratios-of-indian-banks-may-weaken-dent-margins-in-2024-s-p-123121300646_1.html Asset quality to stay on improvement trajectory Listen to This Article Standard & Poor’s (S&P) on Wednesday said the credit-deposit ratio (C-D

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