Category: Unread
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
India must invest in sovereign data infra, AI skilling for a new economy | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/india-must-invest-in-sovereign-data-infra-ai-skilling-for-a-new-economy-125091701447_1.html NITI Aayog projects AI could add up to $1 trillion to India’s GDP by 2035, but success depends on sovereign infrastructure, skilling, and
Govt notifies revised CGST rate schedules, effective September 22 | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/govt-notifies-revised-cgst-rate-schedules-effective-september-22-125091701361_1.html The Finance Ministry has notified revised CGST schedules covering seven categories of goods, effective September 22, with States set to issue matching SGST
GST reforms infused ₹2 trillion in Indian economy: Nirmala Sitharaman | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/gst-reforms-infused-2-trillion-in-indian-economy-nirmala-sitharaman-125091700488_1.html The finance minister also said the GST revenues grew to ₹22.08 trillion in 2025 from when it was introduced Sitharaman will also attend
No GST on insurance a loss for policyholders? What the math shows | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/no-gst-on-insurance-a-loss-for-policyholders-what-the-math-shows-125091700975_1.html Policyholders will pay no GST on health and life premiums from September 22, but insurers lose the ability to claim tax credit on