Clipped from: https://www.business-standard.com/finance/personal-finance/claiming-third-party-motor-insurance-how-it-works-after-an-accident-126011900675_1.html Injury, damage, liability: what really gets paid under third-party insurance Insurance, Insurance sector Listen to This Article Third-party motor insurance is the most basic and
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Govt announces interest subvention scheme for export credit under EPM | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/govt-announces-interest-subvention-scheme-for-export-credit-under-epm-126011901128_1.html RBI notifies interest subvention scheme Niryat Prothsahan, directing banks to extend subsidised pre- and post-shipment export credit under EPM Lending institutions have been
At UCB meet, RBI stresses asset quality oversight, governance standards | Finance News – Business Standard
lipped from: https://www.business-standard.com/finance/news/rbi-flags-governance-standards-asset-quality-oversight-in-ucbs-meeting-126011901169_1.html RBI Governor Sanjay Malhotra urges urban co-operative banks to strengthen governance, underwriting and asset quality, reiterating their role in financial inclusion Recently, the
Rs 1.91 crore ‘unexplained cash’: HC grants relief to taxpayer despite ITR lapse by cash giver – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/rs-1-91-crore-unexplained-cash-hc-grants-relief-to-taxpayer-despite-itr-lapse-by-cash-giver/articleshow/126666305.cms Listen to this article in summarized format On December 18, 2025, the Patna High Court overturned an ITAT order and gave relief to
Adjudication Beyond SCN: Violation of Section 75(7) of CGST Act, 2017
lipped from: https://taxguru.in/goods-and-service-tax/adjudication-show-notice-violation-section-75-7-cgst-act-2017.html Adjudication Beyond Show Cause Notice: Violation of Section 75(7) of the CGST Act, 2017 Introduction: Statutory restriction on adjudication Section 75(7) of the
All About ITC Denial to Purchasers Due to Supplier’s Tax Default
Clipped from: https://taxguru.in/goods-and-service-tax/itc-denial-purchasers-due-suppliers-tax-default.html Author’s Note As we saw, most purchasers were penalised due to the supplier’s default. Sometimes suppliers forget to pay tax, and other times
GST Appeal Pre-Deposit Can Be Paid Using Input Tax Credit: SC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-appeal-pre-deposit-paid-input-tax-credit-sc.html Yasho Industries v. Union of India (Use of Electronic Credit Ledger for GST Appeal Pre-Deposit) The Supreme Court’s decision in Yasho Industries v. Union of
Wages under New Wage Code (CoSS 2020): ESIC Applicability & Key Nuances
Clipped from: https://taxguru.in/corporate-law/wages-wage-code-coss-2020-esic-applicability-key-nuances.html Understanding “Wages” under the New Wage Code (CoSS 2020) ESIC Applicability, Definition & Critical Nuances Every Employer Must Know With the implementation of
ITC Reversal Fails When GST Registration Cancellation Is Set Aside: AP HC
Clipped from: https://taxguru.in/goods-and-service-tax/itc-reversal-fails-gst-registration-cancellation-set-ap-hc.html Summary: In a practical and taxpayer-friendly ruling, the Andhra Pradesh High Court held that input tax credit (ITC) reversal under Section 29(5) of the
Most GST disputes arise from misread notifications, not tax evasion: CA explains why – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/most-gst-disputes-arise-from-misread-notifications-not-tax-evasion-ca-explains-why-511338-2026-01-17 Highlighting a recurring pattern in GST litigation and audits, the financial expert pointed out that notifications cannot be read in isolation. Every notification,
Across the aisle by P Chidambaram: No unemployment in India! – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-no-unemployment-in-india/4111061/ In 2026, India faces a startling economic contradiction: a “deluge of good news” with 1.33% inflation and 7.4% GDP growth, yet a massive
Can’t escape screens? 7 simple tips to reduce your screen time as an adult | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/reduce-screen-time-adults-tips-eye-health-digital-habits-126011500708_1.html Long hours on phones and laptops can strain eyes and mind. Here are easy, doctor-approved strategies to reduce screen time and build healthier
Composite GST Assessment Covering Multiple Years Invalid: Andhra Pradesh HC Cites Violation of S. 73 & 74 [Read Order]
Clipped from: https://www.taxscan.in/top-stories/composite-gst-assessment-covering-multiple-years-invalid-andhra-pradesh-hc-cites-violation-of-s-73-74-1441450?TRN300=ceKGZRSUsadMkVDFHbVMSBGgasjdwuMkVdfxKeMhgJhMVDFciMsKzIdnkMsash&LKD333=3345145 Composite GST Assessment Covering Multiple Years Invalid: Andhra Pradesh HC Cites Violation of S. 73 & 74 The Andhra Pradesh High Court has ruled that
GST Demand Proceedings: Time Limits, Exceptions, and Penalty Framework
Clipped from: https://www.taxscan.in/top-stories/gst-demand-proceedings-time-limits-exceptions-and-penalty-framework-1441840?TRN300=ceKGZRSUsadMkVDFHbVMSBGgasjdwuMkVdfxKeMhgJhMVDFciMsKzIdnkMsash&LKD333=3345165 Sections 73 and 74 empower tax authorities to determine and recover unpaid tax, wrongfully availed input tax credit or erroneously refunded tax. Stricter
A weak rupee is not a strategy, it is a signal
Clipped from: https://www.thehindubusinessline.com/opinion/a-weak-rupee-is-not-a-strategy-it-is-a-signal/article70506224.ece It reflects is an economy still reliant on the world for what it consumes and insufficiently integrated into the world through what it
Claiming HRA without a rent agreement? Tax dept will ask for proof | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/claiming-hra-without-a-rent-agreement-tax-dept-will-ask-for-proof-126011400594_1.html While a formal rent agreement is not a legal prerequisite, Tax planning 2026: digital payment trails and landlord PAN details are essential to
Govt inaugurates second regional conference on labour codes in Jaipur | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/govt-inaugurates-second-regional-conference-on-labour-codes-in-jaipur-126011401182_1.html The Centre inaugurated the second of six regional conferences in Jaipur to discuss rules, IT readiness and coordination with states for smooth implementation
Amazon can’t evade liability for defective TV, rules consumer commission | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/amazon-can-t-evade-liability-for-defective-tv-rules-consumer-commission-126011400855_1.html Amazon declined a refund and advised him to contact the manufacturer, following which he approached the consumer commission, seeking refund and compensation for
Labour secretary urges states to expedite finalisation of labour code rules | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/labour-secretary-urges-states-to-expedite-finalisation-of-labour-code-rules-126011401261_1.html Labour secretary Vandana Gurnani has urged states to fast-track labour code rules, avoid overlaps with Shops and Establishments Acts, and strengthen Centre-state coordination
Why a weaker rupee is riskier than it appears for Indian borrowers
Clipped from: https://www.business-standard.com/opinion/columns/why-a-weaker-rupee-is-riskier-than-it-appears-for-indian-borrowers-126011401441_1.html The rupee’s depreciation is often seen as an opportunity – but this narrative overlooks its impact on borrowers of foreign-currency debt A weaker