Clipped from: https://www.thehindubusinessline.com/money-and-banking/msme-sector-faces-30-lakh-crore-credit-gap-alternative-finance-gathers-pace/article69571731.ece Medium enterprises face the steepest shortfall at 29 per cent, followed by micro and small enterprises Equity finance is also gaining ground, especially
‘ONDC set to grow 10 times by 2026’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/ondc-set-to-grow-10-times-by-2026/article69561221.ece Addressing concerns over the platform’s slow growth, Koshy pointed to steady progress — from 1,200 monthly transactions in January 2023 to over 16.5
Big Four rejig IBC verticals with fewer insolvency cases getting filed
lipped from: https://www.business-standard.com/companies/news/big-four-rejig-ibc-verticals-with-fewer-insolvency-cases-getting-filed-125051201426_1.html Between the June and December quarter of FY25, the number of insolvency applications initiated by financial creditors went down from 150 to 84
Assessee Ineligible for Deduction under Section 54B in lieu of land purchases in Wife’s name: ITAT [Read Order]
lipped from: https://www.taxscan.in/assessee-ineligible-for-deduction-under-section-54b-in-lieu-of-land-purchases-in-wifes-name-itat/516321/ The bench after relying on the judgments of the High Courts concluded that the assessee cannot claim any deduction under section 54B for
***UK immigration white paper released: Stricter visa rules for foreign workers on the anvil – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-uk-immigration-white-paper-released-stricter-visa-rules-for-foreign-workers-on-the-anvil-3841657/?ref=hometop_hp The immigration system must be linked to skills and training requirements here in the UK, so that no industry is allowed to rely
*******Tax calculation: Here’s a capital gains tax hack on how to use losses smartly to lower your FY26 tax outgo – Tax calculation: Here’s a capital gains tax hack on how to use losses smartly to lower your FY26 tax outgo BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-calculation-heres-a-capital-gains-tax-hack-on-how-to-use-losses-smartly-to-lower-your-fy26-tax-outgo-475774-2025-05-10 The Income-tax Act of 1961 outlines set guidelines for offsetting capital gains and losses. This enables taxpayers to deduct losses from gains effectively,
MSMEs Tier II & III cities report 20% revenue surge after onboarding ONDC: Easy Pay – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/msmes-in-small-towns-report-20-revenue-surge-after-onboarding-ondc-easy-pay/article69566484.ece Easy Pay’s data show that Rajasthan, Gujarat and Maharashtra topped the list of States with the highest number of MSMEs joining the ONDC
*****Fixing India’s trade finance bottleneck – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fixing-indias-trade-finance-bottleneck/article69564793.ece Rules-based stumbling blocks to trade finance access must be smoothened out Despite advances in e-invoicing, e-way bills, and customs digitisation, there is still no
RBI cannot Casually declare a Person Defaulter without strict proof: Madras HC
Clipped from: https://taxguru.in/rbi/rbi-casually-declare-person-defaulter-strict-proof-madras-hc.html V. Selvaraj Vs Reserve Bank of India (Madras High Court) In a significant ruling, the Madras High Court has set aside the classification
Telangana HC Quashes GST SCN, Citing Violation of Natural Justice & Cryptic SCN
Clipped from: https://taxguru.in/corporate-law/telangana-hc-quashes-gst-scn-citing-violation-natural-justice-cryptic-scn.html King Enterprise Vs Deputy State Tax Officer (Telangana High Court) In a ruling with implications for tax administration, the Telangana High Court has
GST Proceedings Against Deceased Person Void: Allahabad HC
Clipped from: https://taxguru.in/corporate-law/gst-proceedings-deceased-person-void-allahabad-hc.html Satendra Kumar Vs State of U.P. And 2 Others (Allahabad High Court) Allahabad High Court has set aside a show-cause notice and a
Notice is liable to be quashed as not supported by reasons: Patna HC
Clipped from: https://taxguru.in/income-tax/notice-liable-quashed-supported-reasons-patna-hc.html Kishore Kumar Singh Vs D/ACIT (Patna High Court) Patna High Court held that notice must be supported by reasons. Accordingly, since notice issued
Cyber Crime Chennai issues advisory against growing cyber attacks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/cyber-crime-chennai-issues-advisory-against-growing-cyber-attacks/article69558540.ece The perpetrators have been found to use sophisticated tactics such as phishing emails, fake login pages, and malicious attachments to gain unauthorised access
Expanded credit guarantee scheme for start-ups to reduce perceived risks of lending – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/expanded-credit-guarantee-scheme-for-start-ups-to-reduce-perceived-risks-of-lending/article69557831.ece DPIIT notifies doubling ceiling on guarantee cover per borrower to ₹20 crore from ₹10 crore The annual guarantee fee for start-ups in 27
Retail inflation slid further to 3% in Apr; easing room for RBI rate cut | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/retail-inflation-to-slid-further-to-3-in-apr-easing-room-for-rbi-rate-cut-125050701419_1.html In March, retail inflation stood at 3.34 per cent- the lowest since August 2019 The National Statistics Office (NSO) will release the April
15 states sue Trump over emergency order to fast-track oil, gas projects | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/15-states-sue-trump-over-emergency-order-to-fast-track-oil-gas-projects-125051000051_1.html The order pushes oil and gas expansion via eminent domain and the Defense Production Act, allowing federal use of private land and resources
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