Read more at: https://taxguru.in/income-tax/income-tax-cash-gift-father-father-in-law-itat-delhi.htmlCopyright © Taxguru.in The assessee, married in February 2011, claimed that the amount comprised gifts of ₹5,00,000 from his father and ₹5,80,000 from
*******10-Year Limit Applies Prospectively, Not Retroactively to Expired Six-Year Limit: Delhi HC
Clipped from: https://taxguru.in/income-tax/10-year-limit-applies-prospectively-retroactively-expired-six-year-limit-delhi-hc.html Sheetal International Private Limited Vs Chief Commissioner of Income Tax (Delhi High Court) In the case of Sheetal International Private Limited Vs Chief Commissioner
*Let the Rupee find its balance – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/let-the-rupee-find-its-balance/3716406/ What’s important is the relative value of the currency vis-à-vis peer currencies and not its absolute value. Since September 1, the rupee has
Putting the ‘A’ (accountability) in AI – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/putting-the-a-accountability-in-ai/3716415/ When transparency, human collaboration, and data privacy form the core of AI systems, it can transform healthcare into a more compassionate ecosystem. As
*Standalone health insurers have the best financial health, IRDAI data show – The Hindu BusinessLine
Why did RBI replace flexible exchange rate with de facto peg against dollar
Clipped from: https://www.business-standard.com/finance/news/why-did-rbi-replace-flexible-exchange-rate-with-de-facto-peg-against-dollar-125011501417_1.html The RBI must come out with an official explanation, but until it does, we can only guess. But there are a few reasonable
Fiscal conditions to constrain credit growth in 2025, says Moody’s | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/india-s-fiscal-conditions-to-constrain-credit-growth-in-2025-moody-s-125011501133_1.html ICRA, in its report on Budget expectations, estimated the fiscal deficit target for FY2026 to be set at 4.5 per cent of GDP
*****A piece of my mind: Budget should target 4% fiscal deficit, trade pacts
Clipped from: https://www.business-standard.com/opinion/columns/a-piece-of-my-mind-budget-should-target-4-fiscal-deficit-trade-pacts-125011501464_1.html In India, after unprecedented 6% drop in real GDP in 2020-21 because of Covid and lockdowns, there was a remarkably strong recovery in
The job question – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-job-question/3713303/ While employment numbers are no doubt up, the quality of jobs being generated is important. The upshot is that while employment is up,
Building a cyber-resilient India in the AI era – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/building-a-cyber-resilient-india-in-the-ai-era/3714237/ As AI becomes more integrated into business and daily life, the need for robust cybersecurity measures becomes an imperative for the country. Building
Can we commend privacy? – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/can-we-commend-privacy/3715306/ The civilisation that nurtures its need also produces tech that enables its eradication. Can we commend privacy? By Atanu Biswas The legacy of
AI can redefine healthcare – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/ai-can-redefine-healthcare/3715318/ From early intervention systems that can make faster diagnoses to care delivery optimisation solutions, technology reduces the strain on workers AI can redefine
Focus on bigger picture – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/focus-on-bigger-picture/3715322/ With the market already facing headwinds, the Budget would do well by not tinkering with the tax regime Focus on bigger picture. The
*US inflation rate rises in December, focus shifts to FOMC meeting now – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-us-inflation-rate-rises-in-december-focus-shifts-to-fomc-meeting-now-3716165/?ref=hometop_hp Despite gradual progress in reducing inflation, the Federal Reserve’s 2% target remains elusive. US inflation rate rises in December, focus shifts to FOMC
*****CESTAT quashes Service Tax Demand for Belated SCN
Clipped from: https://www.taxscan.in/time-barred-scn-cestat-quashes-service-tax-demand/478578/ Intentional suppression cannot be assumed merely because the appellant operated under self-assessment, disagreed with audit findings, claimed CENVAT credit eligibility, or failed to
RBI takes cautious approach to currency volatility – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/rbi-takes-cautious-approach-to-currency-volatility/article69098622.ece While the RBI will intervene as needed to manage fluctuations in the rupee, it will not aggressively defend specific exchange rates The rupee
DPDP.Act – Rules
Data rules raise privacy concerns – https://www.thehindubusinessline.com/opinion/data-rules-raise-privacy-concerns/article69077639.ece, For the best experience read this on BusinessLine App. https://thbl.news/mobileapp
आवश्यक*******Government plans extensive consultations on draft DPDP Rules 2025: Ashwini Vaishnaw – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/government-plans-extensive-consultations-on-draft-dpdp-rules-2025-ashwini-vaishnaw/article69098921.ece This follows the initial meeting where feedback from various sectors, including technology and finance, was gathered. Union Minister Ashwini Vaishnaw on Tuesday said
RBI Governor Malhotra shows willingness for a more flexible rupee | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-governor-malhotra-shows-willingness-for-a-more-flexible-rupee-125011400756_1.html Malhotra showed keen interest in the RBI’s currency intervention functions and expressed no opposition when his team explained the recent movements in the
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