Clipped from: https://taxguru.in/income-tax/reassessment-basis-invalid-notice-u-s-148-deleted-additions-6-93-crores.html Regalia Laminates MCD Buliding Vs ITO (ITAT Delhi) Conclusion: Reassessment initiated under an invalid notice issued under Section 148 as there was no new
👌👌👌👌👌👌👌Updated Detailed Analysis of Invoice Management System (IMS)
Clipped from: https://taxguru.in/goods-and-service-tax/updated-detailed-analysis-invoice-management-system-ims.html A new functionality is introduced by the GST portal to facilitate the user to address the issues regarding invoice corrections/amendments with vendors, which
Global fight against high inflation is ‘almost won’: IMF chief economist | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/global-fight-against-high-inflation-is-almost-won-imf-chief-economist-124102300053_1.html In its latest assessment of the global economy, the IMF predicted that worldwide inflation will cool from 6.7 per cent last year to
👌👌👌It’s time cybersecurity issues find mention in annual reports: GMR Group CISO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/its-time-cybersecurity-issues-find-mention-in-annual-reports-gmr-group-ciso/article68783105.ece A key issue in tackling cybersecurity hurdles is the ‘security poverty line’: KPMG Global Cybersecurity Head Calling cybersecurity a business risk and not
👌👌👌PM Internship Scheme: 280 companies register 1.27 lakh internship offers, onboarding window closes for India Inc – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/prime-minister-internship-scheme-280-companies-register-127-lakh-internship-offers-onboarding-window-closes-for-india-inc/article68783161.ece Country’s top 500 CSR spenders were entitled to register their internship offers under PMIS The Centre has now closed the onboarding window for
👌👌👌BRICS currency: A long-term possibility – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/brics-currency-a-long-term-possibility/article68783947.ece India for the time being can focus on its efforts to internationalise the rupee There has been much discussion over the idea of
IT’s uncertain – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/its-uncertain/article68783328.ece IT majors continue facing growth challenges The boost to Indian IT companies, from the accelerated digital adoption during the Covid-19 pandemic, has been
Passing of ex-parte order without deciding case on merits untenable: ITAT Visakhapatnam
Clipped from: https://taxguru.in/income-tax/passing-ex-parte-order-deciding-case-merits-untenable-itat-visakhapatnam.html 14Anuradha Reddy Vs ITO (ITAT Visakhapatnam) ITAT Visakhapatnam held that dismissal of appeal and passing of ex-parte order by CIT(A) in absence of
👌👌👌Statement made during investigation before Central Excise Officer not reliable unless examined as witness: CESTAT sets aside Penalty Imposed
Clipped from: https://www.taxscan.in/statement-made-during-investigation-before-central-excise-officer-not-reliable-unless-examined-as-witness-cestat-sets-aside-penalty-imposed/448073/ The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that statement made during investigation before a central excise
Kerala HC Holds Rectification Order is Invalid If It Fails to Provide Reasons in exercise of Rectification Power
Clipped from: https://www.taxscan.in/rectification-order-is-invalid-if-it-fails-to-provide-reasons-in-exercise-of-rectification-power-kerala-hc-read-order/448932/ It was observed that the personal hearing notice does not indicate that any reason justifying the exercise of power of rectification was pointed
👌👌👌👌👌👌👌NRE & NRO accounts: A comprehensive guide for taxpayers – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nre-nro-accounts-a-comprehensive-guide-for-taxpayers-451052-2024-10-22 To simplify this, Indian banks offer two key types of accounts: the Non-Resident External (NRE) Account and the Non-Resident Ordinary (NRO) Account. These
👌👌👌👌👌LTIMindtree unveils AI-powered insurance underwriting solution, shares in red – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/ltimindtree-unveils-ai-powered-insurance-underwriting-solution-shares-in-red/article68782369.ece LTIMindtree, a global technology consulting firm, launched its ‘AI-Smart Underwriter’ solution today in collaboration with ServiceNow, aimed at modernizing insurance underwriting processes. The
👌👌👌👌👌Monetary policy dilemma: Control inflation or support growth, says RBI’s Patra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dilemma-for-monetary-policy-says-rbi-dy-guv-patra/article68782512.ece RBI Deputy Governor Patra discusses India’s growth trajectory, inflation control, and monetary policy dilemma at New York Fed Seminar. Uncertainty shocks for India
Kotak Mahindra Bank Q2 results: Why the stock corrected post-results and key takeaways for investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/kotak-mahindra-bank-q2-results-why-the-stock-corrected-post-results-and-key-takeaways-for-investors/article68782109.ece Asset quality in the short-term and margins in the medium-term are key monitorables for investors Kotak Mahindra Bank published financial results for the quarter
👌👌👌👌👌Loneliness increases risk of dementia by over 30%, studies review suggests | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/loneliness-increases-risk-of-dementia-by-over-30-studies-review-suggests-124102200610_1.html In this study, loneliness was found to increase overall risk of dementia by 30 per cent, Alzheimer’s disease by 39 per cent, vascular
👌👌👌👌👌India poised to rebound to 8% growth trend: RBI Deputy Governor Patra | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/india-poised-to-rebound-to-8-growth-trend-rbi-deputy-governor-patra-124102200993_1.html Headline inflation likely to remain on track throughout 2025-26 (Photo: Reuters) Following the pandemic recovery, India is likely to return to its long-term
👌👌👌👌👌RBI’s ‘TReDS’ platform bridging $600 bn funding gap for smaller firms | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-s-treds-platform-bridging-600-bn-funding-gap-for-smaller-firms-124102201091_1.html Trade Receivables Discounting System (TReDS) introduced about a decade ago by the Reserve Bank of India has seen the engineering company’s cost of
👌👌👌PM Internship Scheme: Points to keep in mind after getting the offer letter | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/pm-internship-scheme-points-to-keep-in-mind-after-getting-the-offer-letter-124102200931_1.html The internship scheme is focused on youth aged between 21 and 24 years mainly from poor and lower middle-class households PM Internship Scheme
How Delhiites, Maharashtrians and Kannadigas are shelling out more direct taxes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/how-delhiites-maharashtrians-and-kannadigas-are-shelling-out-more-direct-taxes/article68778850.ece The direct tax to GDP ratio is the highest in these States due to high per capita income and lower share of agriculture
Welcome rethink on FTAs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/welcome-rethink-on-ftas/article68780172.ece Ceding ground on government procurement would impair the use of this instrument for boosting local economic capacity Recent media reports suggest that the