Category: Unread

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/esic-benefits-widen-under-new-labour-code-2025-who-gains-now/articleshow/126306428.cms The Employees’ State Insurance Corporation (ESIC) has announced that more employees can now access ESI benefits following the notification of the Labour Code 2025 (Code on Social Security, 2020)

Clipped from: https://economictimes.indiatimes.com/wealth/tax/nri-woman-earns-rs-1-35-crore-from-mutual-funds-pays-zero-tax-in-india-gets-income-tax-notice-how-india-singapore-dtaa-saved-her/articleshow/126307115.cms A Mumbai-based woman who is a tax resident of Singapore, sold some of her debt and equity mutual fund investments in India and claimed tax

lipped from: https://www.thehindubusinessline.com/opinion/editorial/trumping-the-odds/article70457438.ece After last year’s chaos, 2026 actually looks better The year 2025 was one of massive geo-political shifts | Photo Credit: Thithawat_s It might

Clipped from: https://www.business-standard.com/economy/news/labour-ministry-notifies-labour-codes-draft-rules-seeks-responses-125123100834_1.html Revised draft rules for the four Labour Codes clarify key provisions such as gratuity on ‘wages’ and gig worker registration, with stakeholder inputs

Clipped from: https://www.business-standard.com/economy/news/2026-rings-in-policy-tax-reforms-new-labour-codes-cbam-to-take-effect-125123100748_1.html With new GDP, CPI and IIP base years, sweeping tax reforms, GST overhaul, labour code rollout and EU’s carbon tax, 2026 is set

Clipped from: https://www.business-standard.com/economy/news/economy-policy-centres-fiscal-deficit-widens-to-623-of-be-in-apr-nov-fy26-125123100826_1.html CGA data showed the Centre’s fiscal deficit rose to Rs 9.77 trillion, or 62.3 per cent of FY26 Budget estimates, in April-November as

lipped from: https://www.business-standard.com/economy/news/indias-household-debt-rises-to-41-3-per-cent-of-gdp-rbi-fsr-125123101081_1.html RBI says household debt rose to 41.3% of GDP at end-March 2025, led by consumption-oriented retail loans, even as net financial savings improved

Clipped from: https://www.business-standard.com/finance/news/rbi-warns-external-uncertainties-outflows-exchange-rate-volatility-125123101028_1.html RBI flags risks from global shocks, including a sharp US equity correction, that could spur foreign portfolio outflows and rupee volatility, though it

Clipped from: https://www.thehindubusinessline.com/money-and-banking/fed-minutes-show-deep-split-over-interest-rate-cuts/article70454890.ece The committee voted 9-3 to lower the benchmark rate by 25 basis points to 3.5%-3.75%, with some dissenters favoring a larger cut or

Clipped from: https://www.financialexpress.com/opinion/hard-choices/4092886/ Fiscal flexibility is a must, but it won’t substitute for subsidy reform. This will also require a recalibration of public capex, which has

Clipped from: https://www.financialexpress.com/business/industry-ai-is-the-centrepiece-of-every-major-it-firms-growth-strategy-qampa-with-nasscom-president-4092898/ “There is a strong emphasis on advancing responsible and trusted AI governance, combining policy clarity with industry-led frameworks that prioritise safety, privacy, and

Income tax reassessment reopening for alleged non-disclosure u/s147 upheld; de novo assessment remand sustained citing illness and s.251(1)(a). 21.   Case-Laws – AT : Reopening under s.147

Raw material purchase genuineness and alleged round-tripping: u/s 263 revision quashed; bogus purchase addition deleted after sales accepted 19.   Case-Laws – AT : Revision u/s 263

Unexplained fixed assets and cash-in-hand in tax return: s.69/s.69A additions and penalties deleted for no evidence, no notice. 15.   Case-Laws – AT : Addition under s.69

Clipped from: https://www.business-standard.com/industry/news/maharera-recovers-nearly-rs-269-crore-homebuyers-since-2017-125123000849_1.html MahaRERA has recovered ₹268.87 crore as homebuyer compensation since May 2017, with Mumbai Suburban leading collections, while cases worth about ₹103 crore remain

Place of supply for shipped goods u/s 10(1)(a): delivery location decides IGST, CGST/SGST demand quashed. 5.   Case-Laws – HC : Section 10(1)(a) of the IGST Act

GST liability based on income-tax portal turnover vs bank receipts mismatch; s.74 assessment orders remitted for forensic review. Case-Laws – HC : GST assessment orders issued