https://www.business-standard.com/opinion/columns/consumer-protection-bank-not-liable-for-lack-of-pledged-goods-cover-124091500717_1.html Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-bank-not-liable-for-lack-of-pledged-goods-cover-124091500717_1.html The National Commission noted that merely because the bank had obtained the previous policy did not absolve the customer of its primary
Record Rs 81,875 crore GST evasion detected in online gaming in FY24 | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/rs-81-875-crore-gst-evasion-detected-in-online-gaming-in-fy24-says-cbic-124091500574_1.html Clipped from: https://www.business-standard.com/economy/news/rs-81-875-crore-gst-evasion-detected-in-online-gaming-in-fy24-says-cbic-124091500574_1.html In terms of sectors, online money gaming was followed by the BFSI sector, which saw Rs 18,961 crore evaded in 171 cases
Kudos to CBIC for dropping difficult CGST Rules, reducing compliance burden | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/kudos-to-cbic-for-dropping-difficult-cgst-rules-reducing-compliance-burden-124091600001_1.html Clipped from: https://www.business-standard.com/opinion/columns/kudos-to-cbic-for-dropping-difficult-cgst-rules-reducing-compliance-burden-124091600001_1.html When goods are exported without IGST payment under bond or letter of undertaking, the ITC of GST paid on related inputs and
Regulatory, supply chain challenges affecting growth of medtech sector | News – Business Standard
https://www.business-standard.com/industry/news/regulatory-supply-chain-challenges-affecting-growth-of-medtech-sector-124091500243_1.html lipped from: https://www.business-standard.com/industry/news/regulatory-supply-chain-challenges-affecting-growth-of-medtech-sector-124091500243_1.html Industry also faces shortages of component suppliers and talent, particularly in research and development India’s regulatory framework for medtech is still evolving.
Banks plan to ring in festival-season offers with a note of caution | Banking – Business Standard
https://www.business-standard.com/economy/news/banks-expect-10-12-business-growth-this-festive-season-remain-cautious-124091101246_1.html Clipped from: https://www.business-standard.com/economy/news/banks-expect-10-12-business-growth-this-festive-season-remain-cautious-124091101246_1.html Post-Covid pent-up demand over, lenders to stay careful as personal loan delinquencies on the rise Imaging: Ajay Mohanty Banks are gearing up
Banks should adapt to changing customer needs to remain competitive: CEA | Banking – Business Standard
https://www.business-standard.com/industry/banking/banks-should-adapt-to-changing-customer-needs-to-remain-competitive-cea-124091500150_1.html Clipped from: https://www.business-standard.com/industry/banking/banks-should-adapt-to-changing-customer-needs-to-remain-competitive-cea-124091500150_1.html Chief Economic Advisor to the Centre, V Anantha Nageswaran has said banks should adapt to changing customer preferences and market dynamics in
Cracking the whip: Banks may face bigger fines for non-compliance
https://www.business-standard.com/industry/banking/cracking-the-whip-banks-may-face-bigger-fines-for-non-compliance-124091500493_1.html Clipped from: https://www.business-standard.com/industry/banking/cracking-the-whip-banks-may-face-bigger-fines-for-non-compliance-124091500493_1.html Current penalties may not act as effective deterrent: Experts Illustration: Ajay Mohanty The government will consider allowing higher fines on banks for
India’s import duties are too high, must come down, says CEA Nageswaran – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-import-duties-are-too-high-must-come-down-says-cea-nageswaran/article68642783.ece?cx_testId=28&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX5KXF1FQK61&cx_experienceActionId=showRecommendationsJAFQ231JWQLJ9#cxrecs_s Chief Economic Adviser V Anantha Nageswaran says India will be able to become a major exporting nation only after tariffs come down India’s import
CBDT’s Dispute Resolution Scheme: Know how you can approach e-DRC to resolve your tax disputes – BusinessToday
https://www.businesstoday.in/personal-finance/tax/story/cbdts-dispute-resolution-scheme-know-how-you-can-approach-e-drc-to-resolve-your-tax-disputes-443801-2024-08-31 Clipped from: https://www.businesstoday.in/personal-finance/tax/story/cbdts-dispute-resolution-scheme-know-how-you-can-approach-e-drc-to-resolve-your-tax-disputes-443801-2024-08-31 Under this scheme, taxpayers meeting specific criteria outlined in section 245MA of the Act can electronically submit an application to the designated
‘If you haven’t added…’: Three key changes this month that can impact your GST return filing – BusinessToday
https://www.businesstoday.in/personal-finance/tax/story/if-you-havent-added-three-key-changes-this-month-that-can-impact-your-gst-return-filing-443916-2024-09-02 Clipped from: https://www.businesstoday.in/personal-finance/tax/story/if-you-havent-added-three-key-changes-this-month-that-can-impact-your-gst-return-filing-443916-2024-09-02 The steps are aimed at tightening compliance and ensuring all registered businesses maintain updated and accurate bank details with the GST portal.
Tax Query: Disclosing Accrued Interest in Tax Return – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-disclosing-accrued-interest-in-tax-return/article68634388.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-disclosing-accrued-interest-in-tax-return/article68634388.ece An individual has the option to use either the receipt or accrual method of accounting for bank interest, as this is taxable
Last mile woes: On inflation data and the challenges – The Hindu
https://www.thehindu.com/opinion/editorial/%E2%80%8Blast-mile-woes-on-inflation-data-and-the-challenges/article68639297.ece Clipped from: https://www.thehindu.com/opinion/editorial/%E2%80%8Blast-mile-woes-on-inflation-data-and-the-challenges/article68639297.ece Inflation should not be allowed to undermine the economic momentum The latest retail inflation data from the National Statistical Office yet again highlights the
Review inflation target: Should food be excluded from RBI’s measure? – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/review-inflation-target-should-food-be-excluded-from-rbis-measure/3610683/?ref=morelatest_hp Clipped from: https://www.financialexpress.com/opinion/review-inflation-target-should-food-be-excluded-from-rbis-measure/3610683/?ref=morelatest_hp Review of the flexible inflation targeting framework sought on questionable grounds. It is not only the inflation targeting framework, but all monetary
👌👌👌Tyranny of GST status quo: Incremental changes fail to address the problem | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/tyranny-of-gst-status-quo-incremental-changes-fail-to-address-the-problem-124091201385_1.html Clipped from: https://www.business-standard.com/opinion/columns/tyranny-of-gst-status-quo-incremental-changes-fail-to-address-the-problem-124091201385_1.html The reluctance to undertake comprehensive rate rationalisation, fearing revenue loss, is short-sighted The GST Council meetings have become routine, tinkering with goods
👌👌👌Are details of income-tax return filings confidential?
https://www.business-standard.com/economy/news/explained-are-details-of-income-tax-return-filings-confidential-124091301399_1.html Clipped from: https://www.business-standard.com/economy/news/explained-are-details-of-income-tax-return-filings-confidential-124091301399_1.html Experts cited that disclosing an individual’s income tax returns constitutes a violation of their fundamental right to privacy as recognized by the
WhatsApp has been a game changer for India’s small businesses: Sandhya Devanathan – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/whatsapp-has-been-a-game-changer-for-indias-small-businesses-sandhya-devanathan/article68635009.ece Clipped from: https://www.thehindubusinessline.com/companies/whatsapp-has-been-a-game-changer-for-indias-small-businesses-sandhya-devanathan/article68635009.ece One of the key announcements included the Meta-verified badges on WhatsApp. In a one on one chat with businessline Sandhya Devanathan, VP, Meta in