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
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Fed minutes reveal division over future interest-rate cuts and inflation concerns – The HinduBusinessLine
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
Hard choices – Opinion News | The Financial Express
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
‘AI is the centrepiece of every major IT firm’s growth strategy,’ Q&A with NASSCOM president – Industry News | The Financial Express
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 based solely on Investigation Wing tip, with no incriminating material, quashed as invalid under ss147/148.
Income tax reassessment based solely on Investigation Wing tip, with no incriminating material, quashed as invalid under ss147/148. 26. Case-Laws – AT : Reassessment under ss.147/148
Income tax reassessment reopening for alleged non-disclosure u/s147 upheld; de novo assessment remand sustained citing illness and s.251(1)(a).
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
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.
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
*******Fixing the fine print: What the IBC amendment is really trying to change | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/fixing-the-fine-print-what-the-ibc-amendment-is-really-trying-to-change-125123000720_1.html Focused on enforcement over fresh ideas, the IBC amendment Bill seeks to cut delays, curb conflicts of interest and bring greater certainty to
MahaRERA recovers nearly ₹269 crore for homebuyers since 2017 inception | Industry News – Business Standard
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.
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.
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
Rupee, the worst performing Asian currency in 2025 – Business News | The Financial Express
Clipped from: https://www.financialexpress.com/business/news/rupee-the-worst-performing-asian-currency-in-2025/4092745/ 2026, rupee to trade between 88-94 against the US dollar When Trump imposed a 50% tariff on Indian goods, the rupee weakened further
Employees leaving after Nov 21, 2025 must be paid revised gratuity under new labour laws, says ICAI – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/employees-leaving-after-nov-21-2025-must-be-paid-revised-gratuity-under-new-labour-laws-says-icai-4092589/ Employees leaving their jobs on or after November 21, 2025 will be entitled to gratuity under the new labour code rules. ICAI has
If I already own a house, can I get capital gains tax exemption on a new property? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/if-i-already-own-a-house-can-i-get-capital-gains-tax-exemption-on-a-new-property/articleshow/126250625.cms Listen to this article in summarized format These are a set of queries raised by ET Wealth readers, which have been answered by
How GST 2.0 enables faster, cheaper and reliable logistics – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/how-gst-20-enables-faster-cheaper-and-reliable-logistics/article70446798.ece Simplified GST framework promises to reduce hidden interstate costs, optimise network planning and support integrated warehousing MORE WHEELS: Lower GST on commercial vehicles
Medical tourism: Pitching India’s cost and care advantage – The HinduBusinessLine
Medical tourism: Pitching India’s cost and care advantage – The HinduBusinessLine Clipped from: https://www.thehindubusinessline.com/specials/pulse/medical-tourism-pitching-indias-cost-and-care-advantage/article70428508.ece Beyond affordability, the country must showcase its hard-won credibility, efficiency and clinical
Unclaimed assets: Easy search, not opacity, can cut fraud in India
Clipped from: https://www.business-standard.com/opinion/columns/unclaimed-assets-easy-search-not-opacity-can-cut-fraud-in-india-125122800649_1.html Over time, many recipients moved away or died, leaving heirs unaware that any assets were due India’s unclaimed assets likely exceed ₹2 trillion,
Reforms, robust demand may drive insurance growth back to double digits | Insurance News – Business Standard
Clipped from: https://www.business-standard.com/finance/insurance/insurance-sector-growth-regulatory-tax-reforms-fy27-125122800368_1.html After a muted FY26 so far, India’s insurance industry is expected to return to double-digit growth in FY27, aided by regulatory changes, GST