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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

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

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

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