Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/all-you-wanted-to-know-about-tax-relief-on-capital-gain/article37360112.ece?homepage=true An individual is eligible for relief on capital gains tax on sale of a residential property if s/he has purchased another residential property
Justice tarried is justice buried: Lawyers, and the judiciary, must guard against the law being used to delay cases – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/justice-tarried-is-justice-buried-lawyers-and-the-judiciary-must-guard-against-the-law-being-used-to-delay-cases/2366684/ With no disrespect to the legal system, AI is capable of delivering judgements in such cases, freeing court time for non-trivial cases. In
MSMEs can look at passing on rising input costs to consumers: Assocham President – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-interview-msmes-can-look-at-passing-on-rising-input-costs-to-consumers-assocham-president/2365187/ Ease of Doing Business for MSMEs: “The overall thing that you have to look at is that all the lead indicators in the
Senior Citizens Tax-Saving FDs: Check which banks are offering interest rates up to 7% – The Financial Express
Clipped from: https://www.financialexpress.com/money/senior-citizens-tax-saving-fds-check-which-banks-are-offering-interest-rates-up-to-7-on-fixed-deposits/2367687/ For senior citizens, FDs are also their first investment choice as they work as a source of regular income for them. However, the
Ombudsman scheme to provide cost-free redress of customer complaints: RBI – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/ombudsman-scheme-to-provide-cost-free-redress-of-customer-complaints-rbi/2368013/ The Scheme adopts ‘One Nation One Ombudsman’ approach by making the RBI Ombudsman mechanism jurisdiction neutral, the RBI said in a statement. “The
Excess UPI use may Invite notices from Income Tax/GST Department–TAXGURU.IN
lipped from: https://taxguru.in/finance/excess-upi-invite-notices-income-tax-gst-department.html We are living in a modern world, where we are using various types of gadgets and apparatus for our facilitation. The development of
Japanese car sales drop in China – BusinessToday
Clipped from: https://www.businesstoday.in/auto/story/japanese-car-sales-drop-in-china-311438-2021-11-05 Japanese carmakers’ like Honda Motor Co, Nissan Motor Co and Toyota Motor Corp face sales drop in China. Microchip shortage hits Japanese car
Monetary gear shifts pose challenges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/monetary-gear-shifts-pose-challenges/articleshow/87544250.cmsSynopsis The RBI must accommodate the requirements of growth, while using its sizeable reserves of foreign exchange and control of cross-border capital flows to
paytm ipo: Where does BlackRock see value in India’s biggest IPO? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/ipos/fpos/where-blackrock-sees-value-in-indias-biggest-ipo-andy-mukherjee/articleshow/87533416.cmsSynopsis India’s technology landscape has evolved so rapidly since 2016 that most businesses nowadays pay next to nothing for receiving customer payments over smartphones.
Diwali festive sale crosses Rs 1.25 trn, breaks all records in 10 yrs: CAIT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/diwali-festive-sale-crosses-rs-1-25-trn-breaks-all-records-in-10-yrs-cait-121110500886_1.html Excited and encouraged by the tremendous business, traders across the country are now gearing up for wedding season sales scheduled to start on
General Insurance: Health insurers post strong growth in YTD FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/general-insurance-health-insurers-post-strong-growth-in-ytd-fy22/2362832/ The pandemic accelerated topline growth in health insurance, and it is now seen as a significant financial tool The general insurance council (GI
Is the surrender value of endowment life insurance plans taxable? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/is-the-surrender-value-of-endowment-life-insurance-plans-taxable-311366-2021-11-05 If a policyholder decides to surrender the policy, it is essential to know about its tax implications before withdrawing the amount. Here is
Quid pro quo test no longer the norm – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/quid-pro-quo-test-no-longer-the-norm-311371-2021-11-05 The present ruling of the Supreme Court consciously blurs this line to say that a tax and a fee must not be understood
168% up from a 52-week low! Should you invest in this public sector bank post Q2 results? – BusinessToday
Clipped from: https://www.businesstoday.in/markets/company-stock/story/168-up-from-a-52-week-low-should-you-invest-in-this-public-sector-bank-post-q2-results-311394-2021-11-05 State Bank of India (SBI), which is hovering at a record high, has amazed investors with its outperformance on Dalal Street in the
The recovery toolkit: The Hindu Editorial on tax policy and economic recovery – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/the-recovery-toolkit-the-hindu-editorial-on-tax-policy-and-economic-recovery/article37330430.ece The economic recovery remains fragile; rebooting tax policy may help The latest string of official numbers, including almost-record GST collections, healthy direct tax
Do lower courts pass the buck when it comes to bail pleas? – Times of India
Clipped from: https://timesofindia.indiatimes.com/india/do-lower-courts-pass-the-buck-when-it-comes-to-bail-pleas/articleshow/87512108.cms Aryan Khan was granted bail by the Bombay High Court after two days of arguments, around eight days after the petition came to
What we need to fix our judicial system | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/what-we-need-to-fix-our-judicial-system-7607679/ Not more money or shiny new digital platforms, but more accountability from judges The box is opened four times a day and Khan’s
There are signs of increasing formalisation of the economy, but more precise data is needed to capture the trend accurately | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-economy-coronavirus-pandemic-mnrega-7607868/ In the absence of data, it is difficult to know for sure, both, the extent to which the informal economy continues to struggle,
Top 10 Issues Faced by Professionals & Taxpayer in GST since 2017–TAXGURU.IN
Clipped from: https://taxguru.in/goods-and-service-tax/top-10-issues-faced-professionals-taxpayer-gst-2017.html Ambejogai Tax Practitioners Association Submitted a Representation to Hon’ble Union Minister of State Finance – Shri Dr. Bhagwat Karad on Top 10 Issues
No Penalty for failure to maintain books when Assessee submitted Audit Report & Audited Accounts–TAXGURU.IN
lipped from: https://taxguru.in/income-tax/penalty-failure-maintain-books-assessee-submitted-audit-report-audited-accounts.html Aum Jewels Vs ITO (ITAT Delhi) We find Tax Audit Report in Form No. 3CD in all the Assessment Years under consideration. In