Clipped from: https://www.business-standard.com/economy/news/growth-needs-to-be-supported-by-cheaper-credit-mpc-external-member-nagesh-124102301453_1.html Food inflation driven by supply side rather demand which is addressed by monetary policy Representative Picture Nagesh Kumar, one of the three newly
👌👌👌AI will both create and destroy jobs: EAC-PM member Sanjeev Sanyal | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/ai-will-both-create-and-destroy-jobs-eac-pm-member-sanjeev-sanyal-124102300833_1.html Sanyal also said through this route, the curriculum can be updated seamlessly Citing an example, he said people will listen to lectures on
Finance Ministry to consider scrapping windfall tax on crude: Govt official | Commodities – Business Standard
Clipped from: https://www.business-standard.com/markets/commodities/finance-ministry-to-consider-scrapping-windfall-tax-on-crude-govt-official-124102300636_1.html The imposition of windfall tax on crude oil was introduced in 2022 to address excessive profits during high prices The finance ministry will
👌👌👌👌👌👌👌Key Amendments to Capital Gains in Budget 2024-25
Clipped from: https://taxguru.in/income-tax/key-amendments-capital-gains-budget-2024-25.html Normally in our country Budget of Central Government is declare on 1st February every year, but due to election of Lok Sabha, on 1st February,
👌👌👌👌👌👌👌Calculation of Capital Gains on property received by Gift or Will
Clipped from: https://taxguru.in/income-tax/calculation-capital-gains-property-received-gift.html Summary: Capital gains from property received by gift or will are calculated based on the cost of acquisition by the previous owner, as per
Why Income Tax Notices for Additional Tax on Capital Gains?
Clipped from: https://taxguru.in/income-tax/income-tax-notices-additional-tax-capital-gains.html Those taxpayers who filed their income tax returns of March 2024 and had income from capital gains are now receiving notices asking them
No reassessment on basis of invalid notice u/s 148, deleted additions of 6.93 Crores
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
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