Clipped from: https://www.financialexpress.com/money/rbi-to-let-lenders-lock-your-smartphone-in-case-of-emi-skip-governor-sanjay-malhotra-clarifies-3995659/ The Reserve Bank of India (RBI) is considering a proposal to allow lenders to remotely lock the smartphones in case their owners default on EMIs
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What are set off and carry forward losses? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-are-set-off-and-carry-forward-losses/articleshow/124177293.cms By setting off and carrying forward losses, you can bring down the taxable income and reduce the payable tax. If a taxpayer suffers
RBI’s new rules for personal loans, gold collateral, capital raising: THESE changes to come into effect tomorrow – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/rbis-new-rules-for-personal-loans-gold-collateral-capital-raising-these-changes-to-come-into-effect-tomorrow-3994335/ Under the new guidelines, banks are allowed to reduce the spread on floating-rate loans, even if the three-year lock-in period has not been
What are set off and carry forward losses? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-are-set-off-and-carry-forward-losses/articleshow/124177293.cms By setting off and carrying forward losses, you can bring down the taxable income and reduce the payable tax. If a taxpayer suffers
Unclaimed deposits: Heirs must produce succession certificate or probate | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/unclaimed-deposits-heirs-must-produce-succession-certificate-or-probate-125092900820_1.html Strap (For Web): For modest balances, banks may accept a legal heirship certificate with indemnity bond Depositors must visit the bank branch, submit
Do GST cuts really translate into genuine savings for buyers? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/do-gst-cuts-really-translate-into-genuine-savings-for-buyers/articleshow/124176570.cms GST 2.0 looks like a win-win for buyers, with simpler rates and lower costs. The recent cut in Goods and Services Tax (GST) must have
Clipped from: https://www.business-standard.com/industry/news/fhrai-hotels-gst-tax-demand-notices-itc-removal-125092800258_1.html The hotel body said retrospective GST demand notices and withdrawal of ITC have created cost burdens for hotels, threatening investments and tourism growth
Reassessment After 4 Years With Same Set of Facts Which Already Available During Original Assessment Legally Bad: ITAT [Read Order]
Clipped from: https://www.taxscan.in/top-stories/reassessment-after-4-years-with-same-set-of-facts-which-already-available-during-original-assessment-legally-bad-itat-1429217 The Tribunal quashed the reassessment order, ruling that reopening an assessment after four years based on the same facts available during the original
*Delhi HC Upholds Order sets aside Income Tax Notice issued u/s 153C Beyond Six years [Read Order]
Clipped from: https://www.taxscan.in/top-stories/delhi-hc-upholds-order-sets-aside-income-tax-notice-issued-us-153c-beyond-six-years-1433534 The notice issued under Section 153C for AY 2010-11 is much beyond six years In a recent case, the Delhi High Court upheld the order
RBI mandates stronger two-factor authentication in new guidelines | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-two-factor-authentication-digital-payments-guidelines-2026-125092501154_1.html RBI has mandated two-factor authentication for all digital payments from April 2026, with guidelines allowing biometrics, tokenisation and risk-based checks alongside OTPs The
Medical negligence: Documentation, expert opinion key to court success
Clipped from: https://www.business-standard.com/finance/personal-finance/medical-negligence-documentation-expert-opinion-key-to-court-success-125092500946_1.html The complaint must be filed in the right forum and within the limitation period Paliwal notes that landmark judgments from the Supreme Court
Explained: Impact of H-1B crackdown, role of other visa categories | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/explained-impact-of-h-1b-crackdown-role-of-other-visa-categories-125092100711_1.html Indian IT companies, heavy users of H-1B and L-1 visas, face fresh scrutiny as US policy tightens, raising questions on talent mobility and
Tax Talk: Errors in ITR? Revise, rectify or update – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/tax-talk-errors-in-itr-revise-rectify-or-update-3983223/ Discover the simple ways to correct errors in your Income Tax Return (ITR). This article explains three key mechanisms: filing a revised return,
Your Income Tax Queries: Gifts, property, and capital gains explained – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-income-tax-queries-gifts-property-and-capital-gains-explained-3983187/ Have questions about income tax? We break down key tax rules on topics like gifting money to a spouse, TDS on property purchases,
Notice u/s 148 Held Time-Barred: ITAT quashes Income Tax Reassessment Proceedings as Void [Read Order]
Clipped from: https://www.taxscan.in/top-stories/notice-us-148-held-time-barred-itat-quashes-income-tax-reassessment-proceedings-as-void-1432853 The Tribunal observing that the statutory deadline under Section 149 had already lapsed on March 31, 2022, found the reassessment notice issued on
New chapter in bankruptcy law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/new-chapter-in-bankruptcy-law/article70062483.ece IBC (Amendment) Bill corrects judicial deviations, restores creditor hierarchy and disciplines liquidation If constitutional courts rule timelines to be directory, the original purpose of