Clipped from: https://www.business-standard.com/world-news/fed-leaves-rates-unchanged-sees-elevated-inflation-stabilising-job-mkt-126012900037_1.html The Federal Open Market Committee voted 10-2 Wednesday to hold the benchmark federal funds rate in a range of 3.5%-3.75% Credit: Bloomberg Listen
Category: Unread
The ‘Mother of all deals’ signed: A new dawn for the India-EU partnership | Economy & Policy Analysis – Business Standard
Clipped from: https://www.business-standard.com/economy/analysis/the-mother-of-all-deals-signed-a-new-dawn-for-the-india-eu-partnership-126012801163_1.html This agreement signifies the commitment of the two largest democracies as champions of open trade amid a rising tide of global protectionism Deep
Repeating an old Indian mistake – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/repeating-an-old-indian-mistake/article70287814.ece The West is capping immigration just as India capped capital flows Immigration: Challenges from within and without | Photo Credit: anyaberkut The West,
A big deal: The India-EU partnership will open up new opportunities | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/a-big-deal-the-india-eu-partnership-will-open-up-new-opportunities-126012701488_1.html India and EU seal historic free trade deal, opening vast markets and cooperation avenues while urging India to boost competitiveness and reforms New
Banks’ liquidity coverage ratio dips on slow deposits, high funding needs – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance/banks-liquidity-coverage-ratio-dips-on-slow-deposits-high-funding-needs/4119040/ Major Indian banks, including HDFC and Union Bank, have strategically reduced their Liquidity Coverage Ratio (LCR) in the December 2025 quarter. Most banks
RBI nudges banks towards direct priority sector lending – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-rbi-nudges-banks-towards-direct-priority-sector-lending-4120026/ Public sector banks accounted for 42.4% of ANBC in PSL, contributing 36% of the overall PSL pool, while private sector banks reported higher
‘For MSMEs, data is what keeps cash flows moving’: Tejas Goenka, Managing Director, Tally Solutions – Business News | The Financial Express
Clipped from: https://www.financialexpress.com/business/news/for-msmes-data-is-what-keeps-cash-flows-moving-tejas-goenka-managing-director-tally-solutions/4119200/ In an exclusive interaction, Tejas Goenka, MD of Tally Solutions, breaks down how the new TallyPrime 7.0 is solving MSME fragmentation. Tejas Goenka,
E-commerce promise for a Viksit Bharat – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/e-commerce-promise-for-a-viksit-bharat/4117675/ The goal should not be regulation of the sector for its own sake, but a framework that fuels growth and fairness equally E-commerce
Insolvency tribunals can’t decide disputed ownership issues, says SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/insolvency-tribunals-can-t-decide-disputed-ownership-issues-says-sc-126012201474_1.html SC rules insolvency tribunals cannot decide contested trademark ownership; parties must pursue IP rights in civil or commercial courts Allowing GCL’s appeal on
Single GST SCN for Multiple Years Wrongly Aggregates Different Tax Periods with Different Due Dates & Limitations: Bombay HC Quashes Notice [Read Order]
Clipped from: https://www.taxscan.in/top-stories/single-gst-scn-for-multiple-years-wrongly-aggregates-different-tax-periods-with-different-due-dates-limitations-bombay-hc-quashes-notice-1442202?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364712 The High Court noted that each financial year constitutes a distinct tax period, and a consolidated notice for multiple years violates the statutory
‘Bunching’ of GST notices across Multiple FYs Not Permissible: Madras HC; Holds Section 74A applicable from FY 2024-25 [Read Order]
Clipped from: https://www.taxscan.in/top-stories/bunching-of-gst-notices-across-multiple-fys-not-permissible-madras-hc-holds-section-74a-applicable-from-fy-2024-25-1442199?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364731 The GST department’s notice under Section 73 for FY 2024-25 and FY 2025-26 was without jurisdiction due to the statutory omission of Sections
Why Most GST SCNs Are Legally Weak: Common Drafting Errors with Case Laws
Clipped from: https://www.taxscan.in/top-stories/why-most-gst-scns-are-legally-weak-common-drafting-errors-with-case-laws-1442198?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364740 Most GST Show Cause Notices fail because they lack proper allegations, evidence, computation, and adherence to natural justice, making them legally unsustainable. A Show
IT’s a new normal – The HinduBusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-its-a-new-normal/article70529148.ece Even if the worst is over, IT sector needs to shape up The combined market cap of the big four tech companies as
*******Co-borrowers must be co-owners and contribute to EMIs to claim tax benefits | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/co-borrowers-must-be-co-owners-and-contribute-to-emis-to-claim-tax-benefits-126012000617_1.html The deduction claimed must be in proportion to their ownership share and actual EMI contribution Deduction on interest can be claimed only from
The human ‘factor’ – Opinion News | The Financial Express
lipped from: https://www.financialexpress.com/opinion/the-human-factor-2/4113899/ Health and education schemes must et more funds and better design Why Factor Reforms Need a Human Development Engine Reforms in factor markets—covering
What’s the right way to gift my share of land to my sisters, gift deed or relinquishment deed? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/whats-the-right-way-to-gift-my-share-of-land-to-my-sisters-gift-deed-or-relinquishment-deed/articleshow/126791557.cms Listen to this article in summarized format These are a set of queries raised by ET Wealth readers, which have been answered by
Man sells Delhi property, shifts to Australia; tax dept adds Rs 40 lakh as unexplained cash credit, but he wins in ITAT Delhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/man-sells-delhi-property-shifts-to-australia-tax-dept-adds-rs-40-lakh-as-unexplained-cash-credit-but-he-wins-in-itat-delhi/articleshow/125710590.cms Listen to this article in summarized format Income Tax Appellate Tribunal (ITAT), Delhi, ruled that taxpayers can claim Section 54 capital gains tax exemption on
Reopening Invalid If Original Issue Not Added in Assessment: ITAT Delhi
Clipped from: https://taxguru.in/income-tax/reopening-invalid-original-issue-added-assessment.html Sonal Jain Vs CIT (Appeals) (ITAT Delhi) Reopening Fails When Original Issue Not Added — ITAT Delhi Deletes Section 68 Addition on Cash
ITAT Remands Double PAN Assessment for Proper Bank Deposit Reconciliation
Clipped from: https://taxguru.in/income-tax/assessment-set-due-double-pan-bank-mismatch.html Sandhya Das Vs ITO (ITAT Kolkata) Assessment Set Aside in Double PAN Case – Matter Remanded for Proper Reconciliation of Bank Deposits The
Analysis of Sections 68, 129 & 130 with respect to goods in transit under GST
lipped from: https://taxguru.in/goods-and-service-tax/sections-68129-130-respect-goods-transit-gst.html Summary- The article examines the statutory framework governing inspection, detention, seizure, and confiscation of goods in transit under the GST regime, with a particular