Exide hits over 4-year high; surges 23% in one month on positive outlook

https://www.business-standard.com/markets/news/exide-hits-over-4-year-high-surges-23-in-one-month-on-positive-outlook-123071400250_1.html Clipped from: https://www.business-standard.com/markets/news/exide-hits-over-4-year-high-surges-23-in-one-month-on-positive-outlook-123071400250_1.html Exide said the strong automobile sales augur well for Company as higher vehicle sales not only help the OEM business but also

14.07.2023–India’s trade deficit falls to $20.13 bn in June from $22.1 bn in May

https://www.business-standard.com/economy/news/india-s-trade-deficit-falls-to-20-13-bn-in-june-from-22-1-bn-in-may-123071400498_1.html Clipped from: https://www.business-standard.com/economy/news/india-s-trade-deficit-falls-to-20-13-bn-in-june-from-22-1-bn-in-may-123071400498_1.html Services exports in June were $27.12 billion, while imports were $15.88 billion Listen to This Article India’s merchandise trade deficit in June

👍👍👍👍👍No GST on replacement of parts during warranty period, says council

https://www.business-standard.com/economy/news/no-gst-on-replacement-of-parts-during-warranty-period-says-council-123071400450_1.html Clipped from: https://www.business-standard.com/economy/news/no-gst-on-replacement-of-parts-during-warranty-period-says-council-123071400450_1.html Clarification provides certainty on the tax treatment of warranty repairs, say experts Listen to This Article The GST council has spoken on

👍👍👍👍👍👍👍Attention NRIs: Know the Consequences of Non-Linking of Aadhaar with PAN

Clipped from: https://www.taxscan.in/attention-nris-know-the-consequences-of-non-linking-of-aadhaar-with-pan/299792/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Attention%20NRIs:%20Know%20the%20Consequences%20of%20Non-Linking%20of%20Aadhaar%20with%20PAN The Central Government has issued a directive making it mandatory to link PAN (Permanent Account Number) with Aadhaar card. The deadline for this

Incorrect Claim of Deduction or Expenses Made in ITR does not Amount to Concealment of Income or Furnishing Inaccurate Particulars : ITAT Sets Aside NFAC Order

Clipped from: https://www.taxscan.in/incorrect-claim-of-deduction-or-expenses-made-in-itr-does-not-amount-to-concealment-of-income-or-furnishing-inaccurate-particulars-itat-sets-aside-nfac-order/299465/ By Ipsita Das – On July 14, 2023 11:30 am – 2 mins read The Pune Bench of Income Tax Appellate Tribunal (ITAT) held that rejection of incorrect claim

🙏Work in progress: The Hindu Editorial on the GST Council meet and issues – The Hindu

https://www.thehindu.com/opinion/editorial/work-in-progress-the-hindu-editorial-on-the-gst-council-meet-and-issues/article67076337.ece Clipped from: https://www.thehindu.com/opinion/editorial/work-in-progress-the-hindu-editorial-on-the-gst-council-meet-and-issues/article67076337.ece The 50th GST Council meet lifts the fog on many areas; execution holds the key  Meeting after nearly five months, the Goods

GST authorities to roll out biometric-based Aadhaar authentication of suspicious registration applicants – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/gst-authorities-to-roll-out-biometric-based-aadhaar-authentication-of-suspicious-registration-applicants/article67075905.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-authorities-to-roll-out-biometric-based-aadhaar-authentication-of-suspicious-registration-applicants/article67075905.ece Special joint drive against fake registration may be extended beyond July 15,says Revenue Secretary GST Administration will soon begin a pilot for

RBI’s dependence on forex intervention gain needs a closer look – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/rbis-dependence-on-forex-intervention-gain-needs-a-closer-look/article67075628.ece Clipped from: https://www.thehindubusinessline.com/opinion/rbis-dependence-on-forex-intervention-gain-needs-a-closer-look/article67075628.ece A major highlight of the income of the RBI in 2022-23 was a whopping exchange gain of ₹1,03,308 crore — an increase

Data Protection Bill gives state sweeping powers – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/data-protection-bill-gives-state-sweeping-powers/article67076973.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/data-protection-bill-gives-state-sweeping-powers/article67076973.ece Various provisions of the Bill have been left ambiguous too Six years after the Supreme Court upheld privacy as a fundamental right,

As Russian oil tops $60/barrel G7 cap, India caught in a bind – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/russia-payment-crisis-oil-psus-cant-trade-in-yuan-and-rupee-not-acceptable/article67076766.ece Clipped from: https://www.thehindubusinessline.com/economy/russia-payment-crisis-oil-psus-cant-trade-in-yuan-and-rupee-not-acceptable/article67076766.ece Dollar payment not possible; Moscow not keen on rupee settlement; public sector refiners can’t pay in yuan; UAE banks back out India’s

Credit grows by 16.22% YoY and bank deposits 12.96%, shows RBI data

https://www.business-standard.com/finance/news/commercial-bank-credit-grows-by-16-22-yoy-to-rs-143-trn-deposits-12-96-123071301050_1.html Clipped from: https://www.business-standard.com/finance/news/commercial-bank-credit-grows-by-16-22-yoy-to-rs-143-trn-deposits-12-96-123071301050_1.html Besides robust demand across segments, rise tied to quarter-end business also pushed the loan volumes in fortnight, bankers said Listen to This

👍👍👍👍👍👍👍Factors to consider while buying Health Insurance for parents – BusinessToday

https://www.businesstoday.in/impact-feature/story/factors-to-consider-while-buying-health-insurance-for-parents-389029-2023-07-10 Clipped from: https://www.businesstoday.in/impact-feature/story/factors-to-consider-while-buying-health-insurance-for-parents-389029-2023-07-10 If you have decided to opt for a separate Health Insurance policy for your parents, be mindful Sum Insured denotes the maximum

Express View on GST on online gaming: The bets are off | The Indian Express

https://indianexpress.com/article/opinion/editorials/express-view-on-gst-on-online-gaming-the-bets-are-off-8831661/ Clipped from: https://indianexpress.com/article/opinion/editorials/express-view-on-gst-on-online-gaming-the-bets-are-off-8831661/ Morality trumps economics in GST decision on gaming. That shrinks jobs, hurts a growing services sector, sends all the wrong signals In

👍👍👍👍👍👍👍Account Aggregator to Digilocker: Apps that help in managing financial life

https://www.business-standard.com/finance/personal-finance/account-aggregator-to-digilocker-apps-that-help-in-managing-financial-life-123071300979_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/account-aggregator-to-digilocker-apps-that-help-in-managing-financial-life-123071300979_1.html These government-backed services make sharing and access of important documents easy State-backed apps widen the access to government services. (Stock photo) More

👍👍👍👍👍Mohandas Pai, former SBI chairman Rajnish Kumar join Byju’s advisory council – The Hindu BusinessLine

https://www.thehindubusinessline.com/companies/mohandas-pai-former-sbi-chairman-rajnish-kumar-join-byjus-advisory-council/article67075902.ece Clipped from: https://www.thehindubusinessline.com/companies/mohandas-pai-former-sbi-chairman-rajnish-kumar-join-byjus-advisory-council/article67075902.ece The appointment of these two leaders to the advisory council will enhance its financial governance mechanisms and leverage expert advice to drive

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