Statsguru: Record tax filings indicate potential growth challenges ahead

https://www.business-standard.com/economy/news/statsguru-record-tax-filings-indicate-potential-growth-challenges-ahead-124010700474_1.html Clipped from: https://www.business-standard.com/economy/news/statsguru-record-tax-filings-indicate-potential-growth-challenges-ahead-124010700474_1.html Gross total income has gone up 229 per cent since AY13 and was nearing Rs 70 trillion as of AY22. Tax payable

Aatmanirbhar Bharat successful because India stayed out of RCEP: Mahajan

https://www.business-standard.com/economy/news/aatmanirbhar-bharat-successful-because-india-stayed-out-of-rcep-a-mahajan-124010700613_1.html Clipped from: https://www.business-standard.com/economy/news/aatmanirbhar-bharat-successful-because-india-stayed-out-of-rcep-a-mahajan-124010700613_1.html We are not against foreign trade, and neither are we against agreements. But we need to ensure that whatever agreements we sign

GST officers detect over 29,000 bogus firms involved in fake ITC claims

https://www.business-standard.com/companies/news/gst-officers-detect-over-29-000-bogus-firms-involved-in-fake-itc-claims-124010700670_1.html Clipped from: https://www.business-standard.com/companies/news/gst-officers-detect-over-29-000-bogus-firms-involved-in-fake-itc-claims-124010700670_1.html Maharashtra topped the list with 926 bogus firms detected, followed by Rajasthan (507), Delhi (483) and Haryana (424) Representational Image Listen to

Red Sea crisis: No claims yet, but insurance cost may rise if tensions grow

https://www.business-standard.com/finance/insurance/red-sea-crisis-no-claims-yet-but-insurance-cost-may-rise-if-tensions-grow-124010700526_1.html Clipped from: https://www.business-standard.com/finance/insurance/red-sea-crisis-no-claims-yet-but-insurance-cost-may-rise-if-tensions-grow-124010700526_1.html Insurers are keeping a close eye on the developments and have made an upward revision to their risk perception with companies turning

Red Sea-Somali piracy shakes shipping industry, international trade

https://www.business-standard.com/economy/news/red-sea-somali-piracy-shakes-shipping-industry-international-trade-124010700639_1.html Clipped from: https://www.business-standard.com/economy/news/red-sea-somali-piracy-shakes-shipping-industry-international-trade-124010700639_1.html Shippers face 25% higher cost due to rerouting Red Sea (Photo: Bloomberg) Increasing attacks on merchant vessels travelling through the Red Sea

Interim Budget 2024-25 likely to set nominal GDP growth at 10-10.5%

https://www.business-standard.com/budget/news/interim-budget-2024-25-likely-to-set-nominal-gdp-growth-at-10-5-124010700633_1.html Clipped from: https://www.business-standard.com/budget/news/interim-budget-2024-25-likely-to-set-nominal-gdp-growth-at-10-5-124010700633_1.html Govt may finalise FY25 Interim Budget assumption this week Listen to This Article The Interim Budget for 2024-25 (FY25) to be presented

RBI’s plan to raise bar for bank dividends, well-timed – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/rbis-plan-to-raise-bar-for-bank-dividends-well-timed/article67709695.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbis-plan-to-raise-bar-for-bank-dividends-well-timed/article67709695.ece The RBI’s draft proposes that banks be allowed to declare dividends only if they have met regulatory capital requirements for the last

E-way bills without e-invoice details for B2B, B2E transactions to be blocked from March 1 – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/e-way-bills-without-e-invoice-details-for-b2b-b2e-transactions-to-be-blocked-from-march-1/article67715644.ece Clipped from: https://www.thehindubusinessline.com/economy/e-way-bills-without-e-invoice-details-for-b2b-b2e-transactions-to-be-blocked-from-march-1/article67715644.ece Businesses with an annual turnover of ₹5 crore or more are mandatorily required to generate e-invoices, which means 10 lakhs assesses are

US wants more clarity on India’s import management system for laptops and PCs, say sources – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/us-wants-more-clarity-on-indias-import-management-system-for-laptops-and-pcs-say-sources/article67715554.ece Clipped from: https://www.thehindubusinessline.com/economy/us-wants-more-clarity-on-indias-import-management-system-for-laptops-and-pcs-say-sources/article67715554.ece Katherine Tai, during her visit to India, may seek more justification for import authorisations and future plans The US wants further clarification

FPIs make a strong start in 2024, inject over $1 billion in first week – The Hindu BusinessLine

https://www.thehindubusinessline.com/markets/fpis-make-a-strong-start-in-2024-inject-over-1-billion-in-first-week/article67716106.ece Clipped from: https://www.thehindubusinessline.com/markets/fpis-make-a-strong-start-in-2024-inject-over-1-billion-in-first-week/article67716106.ece Strong FPI flows necessary to sustain positive momentum of Indian markets, says CLSA Foreign Portfolio Investors (FPIs) continued to show increased buying

US client once made Narayana Murthy sleep on box in storeroom: Book – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/us-client-once-made-narayana-murthy-sleep-on-box-in-storeroom-book/article67716510.ece Clipped from: https://www.thehindubusinessline.com/news/us-client-once-made-narayana-murthy-sleep-on-box-in-storeroom-book/article67716510.ece Published by Juggernaut Books, “An Uncommon Love: The Early Life of Sudha and Narayana Murthy” is the story of the Murthys’ early

GST authorities drop ₹7.08 crore service tax demand on Competition Commission – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/gst-authorities-drop-708-crore-service-tax-demand-on-competition-commission/article67716586.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-authorities-drop-708-crore-service-tax-demand-on-competition-commission/article67716586.ece CCI not liable to take service tax registration, rules CGST Commissioner Audit This order came from an CGST Commissioner audit on an

FPIs raise liquidity concerns on shift to same-day settlement – The Hindu BusinessLine

https://www.thehindubusinessline.com/markets/fpis-raise-liquidity-concerns-on-shift-to-same-day-settlement/article67716054.ece Clipped from: https://www.thehindubusinessline.com/markets/fpis-raise-liquidity-concerns-on-shift-to-same-day-settlement/article67716054.ece Foreign portfolio investors (FPIs) express concerns over T+0 settlement in India, citing potential market fragmentation, while SEBI proposes phased instant settlement Foreign

E-way bill changes: March 1 deadline for e-invoice inclusion in B2B transactions – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/e-way-bill-changes-march-1-deadline-for-e-invoice-inclusion-in-b2b-transactions/article67712409.ece Clipped from: https://www.thehindubusinessline.com/economy/e-way-bill-changes-march-1-deadline-for-e-invoice-inclusion-in-b2b-transactions/article67712409.ece Starting March 1, businesses with turnovers exceeding ₹5 crore won’t generate e-way bills for B2B transactions without integrating e-invoice details. . Businesses

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