56% to shut bank lockers due to rising rentals, KYC requirement: Survey

https://www.business-standard.com/finance/personal-finance/56-of-locker-holders-plan-to-shut-down-due-to-rising-rentals-survey-123121500558_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/56-of-locker-holders-plan-to-shut-down-due-to-rising-rentals-survey-123121500558_1.html Under the RBI guidelines for banks, revised locker agreements, defining responsibilities and liabilities, must be signed and submitted to the bank branch

Development of small cities key to developed India resolve: PM Modi

https://www.business-standard.com/india-news/development-of-small-cities-key-to-developed-india-resolve-pm-modi-123121600537_1.html Clipped from: https://www.business-standard.com/india-news/development-of-small-cities-key-to-developed-india-resolve-pm-modi-123121600537_1.html “Our agenda is to assist people in saving money,” Modi said, flagging off the Yatra, the government’s mega outreach exercise to ensure

By 2047, India to remain a lower middle country if growth remains 6%: Rajan

https://www.business-standard.com/economy/news/by-2047-india-to-remain-a-lower-middle-country-if-growth-remains-6-rajan-123121600876_1.html Clipped from: https://www.business-standard.com/economy/news/by-2047-india-to-remain-a-lower-middle-country-if-growth-remains-6-rajan-123121600876_1.html According to him, the current pace of growth is not enough to employ all those who are entering the labour force and

Bombay HC allows Rectification of Bonafide Mistake in GST Form GSTR-1 beyond Stipulated Time Limit

Clipped from: https://www.taxscan.in/bombay-hc-allows-rectification-of-bonafide-mistake-in-gst-form-gstr-1-beyond-stipulated-time-limit/353694/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Bombay%20HC%20allows%20Rectification%20of%20Bonafide%20Mistake%20in%20GST%20Form%20GSTR-1%20beyond%20Stipulated%20Time%20Limit The Bombay High Court has allowed a Goods and Services Tax (GST) taxpayer to rectify bonafide mistake in GST Form GSTR-1 beyond the

Overriding Effect of ITC Provisions over Time Limit of Filing Returns: Calcutta HC upholds Constitutional Validity of Section 16(4) of GST Act [Read Order]

Clipped from: https://www.taxscan.in/overriding-effect-of-itc-provisions-over-time-limit-of-filing-returns-calcutta-hc-upholds-constitutional-validity-of-section-164-of-gst-act/353766/ The Calcutta High Court, reaffirming the prevalence of time limit conditions imposed on filing of Goods and Services Tax Returns over legal right

Supreme Court upholds Calcutta HC Verdict granting GST ITC to Purchaser except in Exceptional Cases

Clipped from: https://www.taxscan.in/supreme-court-upholds-calcutta-hc-verdict-granting-gst-itc-to-purchaser-except-in-exceptional-cases-read-order/353638/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Supreme%20Court%20upholds%20Calcutta%20HC%20Verdict%20granting%20GST%20ITC%20to%20Purchaser%20except%20in%20Exceptional%20Cases A Two-Judge Bench of the Supreme Court has upheld the Calcutta High Court judgment, rejecting the department’s appeal against the Calcutta High Court

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