Clipped from: https://www.financialexpress.com/money/direct-tax-code-2025-individuals-earning-rs-5-15-lakh-will-be-more-benefitted-once-new-tax-laws-in-place-feel-experts-3683751/?ref=money_hp Direct Tax Code’s key provisions are expected to include streamlined tax regimes, fewer slabs, and reduced complexities, benefiting individuals with annual incomes between
Category: Three Star
👌👌👌Non-response to notice due to bonafide reasons justified hence matter remanded: Karnataka HC
Clipped from: https://taxguru.in/income-tax/non-response-notice-due-bonafide-reasons-justified-matter-remanded-karnataka-hc.html Varaha Builders Vs Hari Babu (Karnataka High Court) Karnataka High Court remanded the matter back to the Assessing Officer since non-response to notice
👌👌👌India readies various strategies to tackle ‘US first’ trade policy
Clipped from: https://www.business-standard.com/economy/news/india-readies-various-strategies-to-tackle-us-first-trade-policy-124120100262_1.html The government is closely assessing Trump’s election speeches and actions during his previous tenure, the official told Business Standard During his election campaign,
👌👌👌RBI likely to hold rates for 11th straight time: Business Standard poll
Clipped from: https://www.business-standard.com/finance/news/rbi-likely-to-hold-rates-for-11th-straight-time-business-standard-poll-124120100548_1.html May cut cash reserve ratio, lower growth and inflation projections Listen to This Article Notwithstanding gross domestic product (GDP) growth plunging to 5.4
👌👌👌Pressure mounting but RBI may hold its ground & rates – Economy News | The Financial Express
Clipped from: https://www.financialexpress.com/policy/economy-pressure-mounting-but-rbi-may-hold-its-ground-amp-rates-3681430/ Rise in CPI inflation to make central bank cautious: Economists Pressure mounting but RBI may hold its ground & rates. The sharp decline
👌👌👌Q2 GDP Growth Data 2024: India’s growth rate dipped to 5.4% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gdp-shocker-growth-rate-dipped-to-54/article68926855.ece Real GVA increased by 5.6 per cent in Q2 of FY25, down from 7.7 per cent growth rate in Q2 of the previous
👌👌👌GDP growth hits 7-quarter low of 5.4% in Q2 as manufacturing slows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gdp-shocker-economic-growth-hits-7-quarter-low-of-54-in-july-sept-period/article68927976.ece Weak corporate numbers, demand drop, inflation to blame, too; not alarming: CEA India’s growth in the July-September quarter (Q2 of FY25) slowed to
👌👌👌Service Tax Demand Cannot Be Solely Based on Oral Statements: CESTAT Ahmedabad
Clipped from: https://taxguru.in/service-tax/service-tax-demand-solely-based-oral-statements-cestat-ahmedabad.html Krish Corporation Vs Commissioner of C.E. & S.T.-Surat-i (CESTAT Ahmedabad) Demand cannot be raised solely based on the oral statement of witness without
👌👌👌US Employment-based Green Cards: Majority of beneficiaries were family members of workers – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-48-percent-of-employment-based-us-green-cards-issued-to-foreign-workers-52-percent-to-their-family-members-3677780/?ref=abroad_hp In 2023, only 48% of employment-based Green Cards were issued to workers, while 52% were given to their family members. (Bloomberg) United States
👌👌👌Trump’s tax cuts might not be enough to offset tariff pain – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-will-trumps-tariffs-outweigh-the-benefits-of-tax-cuts-3678478/?ref=abroad_hp Tax cuts mean more cash for businesses, but let’s be real, that’s not the whole story. While Trump’s tax cuts sound appealing on
👌👌👌Personal Income tax collections bolster the overall tax revenue growth in H1 FY25 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/personal-income-tax-collections-bolster-the-overall-tax-revenue-growth-in-h1-fy25/article68918562.ece Analysis of tax revenues during April-September 2024 from CGA shows that total tax revenue (gross) grew at 12 per cent year on year
👌👌👌How to avoid unilateral appointment of arbitrators – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-avoid-unilateral-appointment-of-arbitrators/article68919731.ece The amendments to the Arbitration Act must clarify on the process of appointing arbitrators The Supreme Court recently held that unilateral appointment of
👌👌👌Cross-border insolvency framework may not be reality anytime soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cross-border-insolvency-framework-may-not-be-reality-anytime-soon/article68919707.ece MCA, however, optimistic about eventual realisation of this vision India’s aspirations for a robust cross-border insolvency framework may remain a work in progress
👌👌👌India must adapt to evolving global trade norms for meaningful FTAs | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/standards-on-trade-124112701270_1.html Both countries have been negotiating to arrive at a mutually beneficial agreement since 2022 News reports suggest that India and the United Kingdom
👌👌👌Promotion effective only after assuming duty, not from date of vacancy: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/promotion-effective-only-after-assuming-duty-not-from-date-of-vacancy-sc-124112701050_1.html The apex court delivered its verdict on an appeal filed by the West Bengal government and others challenging a February 2023 judgement of
👌👌👌US economy grows at 2.8% in Q3 on consumer spending, exports surge | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/us-economy-grows-at-2-8-in-q3-on-consumer-spending-exports-surge-124112701082_1.html The Commerce Department reported that growth in US gross domestic product the economy’s output of goods and services slowed from the April-July rate
👌👌👌PM Modi on digital Arrest in India: Rs 11,333 crore lost in cyber frauds till Sep, PM warns of ‘digital arrest’ | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/rs-11-333-crore-lost-in-cyber-frauds-till-sep-pm-warns-of-digital-arrest-124112700589_1.html Stock trading scams emerged as the biggest culprit, with 228,094 complaints filed, incurring losses of Rs 4,636 crore (Photo: Shutterstock) India incurred losses
👌👌👌Govt blocks 669K SIM cards, 132K IMEIs to curb cybercrimes, Centre tells RS | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/govt-blocks-669k-sim-cards-132k-imeis-to-curb-cybercrimes-centre-tells-rs-124112701164_1.html Directions have been issued to the TSPs for blocking of such incoming international spoofed calls The citizen financial cyber fraud reporting and management
👌👌👌India’s economy: Extended tight monetary policy may curb growth further
Clipped from: https://www.business-standard.com/opinion/columns/india-s-economy-extended-tight-monetary-policy-may-curb-growth-further-124112601305_1.html The forward-looking policy bias might create room to lower rates in early 2025 Listen to This Article India witnessed three years of heady
👌👌👌Credit focus to be strengthened, PSBs to launch new products: Govt – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-credit-focus-to-be-strengthened-psbs-to-launch-new-products-govt-3677875/?ref=hometop_hp The government has taken several steps in the latest budget including a new credit assessment model for MSMEs based on digital footprints and
