https://www.thehindubusinessline.com/news/gst-authorities-to-roll-out-biometric-based-aadhaar-authentication-of-suspicious-registration-applicants/article67075905.ece lipped from: https://www.thehindubusinessline.com/news/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
Broker’s Call: TCS (Buy) – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/brokers-call-tcs-buy/article67076277.ece Clipped from: https://www.thehindubusinessline.com/markets/brokers-call-tcs-buy/article67076277.ece Target: ₹3,960 CMP: ₹3,340.65 Tata Concultancy Services’ CC (constant currency) revenue growth q-o-q and margin missed BNP Paribas estimates in Q1-FY24, mainly
Targeting exports and FDI | The Financial Express
https://www.financialexpress.com/opinion/targeting-exports-and-fdi/3165823/ Clipped from: https://www.financialexpress.com/opinion/targeting-exports-and-fdi/3165823/ FTAs and a better business environment will boost India’s shipments and FDI manifold X At a time when India’s exports face adverse
Game over: GST Council has inexplicably failed to recognise clear distinction between game of skill and chance | The Financial Express
https://www.financialexpress.com/opinion/game-over-gst-council-has-inexplicably-failed-to-recognise-clear-distinction-between-game-of-skill-and-chance/3167689/ Clipped from: https://www.financialexpress.com/opinion/game-over-gst-council-has-inexplicably-failed-to-recognise-clear-distinction-between-game-of-skill-and-chance/3167689/ The Council has brought at par the taxation structure for the online gaming space with that for lottery, betting and gambling. X
How to generate a secure credit & debit card PIN and keep it safe | The Financial Express
https://www.financialexpress.com/money/how-to-generate-a-secure-credit-amp-debit-card-pin-and-keep-it-safe/3167284/ Clipped from: https://www.financialexpress.com/money/how-to-generate-a-secure-credit-amp-debit-card-pin-and-keep-it-safe/3167284/ Setting up a security PIN for your credit and debit cards is an essential step towards protecting your finances from potential fraud.
Aadhaar-PAN Link News: ‘Income Tax Refund cannot be issued’, NRI gets Msg. I-T Dept replies | The Financial Express
https://www.financialexpress.com/money/income-tax/aadhaar-pan-link-news-income-tax-refund-cannot-be-issued-nri-gets-msg-i-t-dept-replies/3168412/ Clipped from: https://www.financialexpress.com/money/income-tax/aadhaar-pan-link-news-income-tax-refund-cannot-be-issued-nri-gets-msg-i-t-dept-replies/3168412/ Aadhaar-PAN Link Latest News: Permanent Account Numbers (PANs) of taxpayers who failed to link with Aadhaar by June 30 have become inoperative.
Small saving schemes: Govt tweaks rules, allows NRIs as nominees – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/small-saving-schemes-govt-tweaks-rules-allows-nris-as-nominees/article67052446.ece Clipped from: https://www.thehindubusinessline.com/news/small-saving-schemes-govt-tweaks-rules-allows-nris-as-nominees/article67052446.ece Govt has allowed for the conversion of a joint account into a single account A non-resident Indian (NRI) can now be made
Are Indian banks ready to adopt the expected credit loss framework?
https://www.business-standard.com/industry/banking/are-indian-banks-ready-to-adopt-the-expected-credit-loss-framework-123071200998_1.html Clipped from: https://www.business-standard.com/industry/banking/are-indian-banks-ready-to-adopt-the-expected-credit-loss-framework-123071200998_1.html The sophistication that ECL is asking for is much more ahead and advanced compared to usual scoring models Illustration: Ajay Mohanty In
The ECL model will not dent profits much: Karur Vysya Bank MD & CEO
https://www.business-standard.com/companies/news/ecl-model-will-not-have-much-dent-on-profitability-karur-vysya-bank-ceo-123062000450_1.html Clipped from: https://www.business-standard.com/companies/news/ecl-model-will-not-have-much-dent-on-profitability-karur-vysya-bank-ceo-123062000450_1.html We will test the waters, ferret out information through our business correspondents, and only then open a branch: B RAMESH BABU, Karur
👍👍👍👍👍Holding shares in firms’ subsidiaries exempted, clarifies GST Council
https://www.business-standard.com/economy/news/gst-council-says-mere-holding-of-shares-in-subsidiaries-exempt-of-gst-123071200713_1.html Clipped from: https://www.business-standard.com/economy/news/gst-council-says-mere-holding-of-shares-in-subsidiaries-exempt-of-gst-123071200713_1.html The clarification came amid GST officers sending notices to both Indian and foreign companies, demanding tax on share capital held in their
🙏GST Council decides to levy uniform taxation for utility vehicles
https://www.business-standard.com/industry/auto/gst-council-decides-to-levy-uniform-taxation-for-utility-vehicles-123071101059_1.html Clipped from: https://www.business-standard.com/industry/auto/gst-council-decides-to-levy-uniform-taxation-for-utility-vehicles-123071101059_1.html India’s Goods and Services Tax (GST) Council said that uniform taxation would be levied on multi-utility vehicles and sports utility vehicles, according
🙏Cinema industry welcomes cutting GST rates on food served in movie theatres
https://www.business-standard.com/industry/news/cinema-industry-welcomes-cutting-gst-rates-on-food-served-in-movie-theatres-123071101048_1.html lipped from: https://www.business-standard.com/industry/news/cinema-industry-welcomes-cutting-gst-rates-on-food-served-in-movie-theatres-123071101048_1.html Multiplex operators welcomed GST Council’s decision to lower tax rates on food and beverages sold in cinema halls, saying it will help
👍Centre has ‘murdered’ online gaming with 28% GST, says Ashneer Grover
https://www.business-standard.com/economy/news/centre-has-murdered-online-gaming-with-28-gst-says-ashneer-grover-123071200253_1.html Clipped from: https://www.business-standard.com/economy/news/centre-has-murdered-online-gaming-with-28-gst-says-ashneer-grover-123071200253_1.html The new tax puts fantasy gaming tax at the same level as gambling and betting Former Bharatpe Co-founder and MD Ashneer Grover
👍GST appellate tribunal will improve ease of doing business
Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the 50th Goods and Services Tax (GST) Council Meeting at Vigyan Bhawan, in New Delhi.
Infosys, HCLTech put off pay hikes for employees; TCS bucks trend
https://www.business-standard.com/companies/news/infosys-hcltech-defer-salary-hikes-of-employees-tcs-bucks-trend-123071200926_1.html Clipped from: https://www.business-standard.com/companies/news/infosys-hcltech-defer-salary-hikes-of-employees-tcs-bucks-trend-123071200926_1.html Infosys typically rolls out hikes for its senior management in July, but so far, they have not received any communication on the
No review or roll-back; GST move unanimous: Revenue Secy Sanjay Malhotra
https://www.business-standard.com/economy/interviews/imposing-28-gst-on-entire-face-value-a-unanimous-decision-revenue-secy-123071200964_1.html Clipped from: https://www.business-standard.com/economy/interviews/imposing-28-gst-on-entire-face-value-a-unanimous-decision-revenue-secy-123071200964_1.html “I don’t think that the demand for these vehicles is so ‘elastic’ that a small tax change could impact the market drastically”
Amendment for online gaming, casinos, horse racing not retrospective, just clarificatory:Revenue Secretary – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/amendment-for-online-gaming-casinos-horse-racing-not-retrospective-just-clarificatoryrevenue-secretary/article67072773.ece Clipped from: https://www.thehindubusinessline.com/economy/amendment-for-online-gaming-casinos-horse-racing-not-retrospective-just-clarificatoryrevenue-secretary/article67072773.ece GST rates on online gaming, casinos, and horse racing were always 28% and 28% were always on the face value: Revenue Secretary
Clipped from: https://www.thehindubusinessline.com/portfolio/tcs-q4-results-recovery-is-not-around-the-corner/article67072155.ece
With recession risks still persisting, the risk-reward remains unfavourable for the stock for now TCS reported results that were generally in line to marginally weaker,
Mechanism to provide level playing field between domestic, foreign online gaming companies, says Revenue Secretary – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/mechanism-to-provide-level-playing-field-between-domestic-foreign-online-gaming-companies-says-revenue-secretary/article67072653.ece Clipped from: https://www.thehindubusinessline.com/economy/mechanism-to-provide-level-playing-field-between-domestic-foreign-online-gaming-companies-says-revenue-secretary/article67072653.ece New Group of Ministers on Rate Rationalisation will be reconstituted soon, says Sanjay Malhotra Revenue Secretary Sanjay Malhotra on Wednesday said the
Exempt small suppliers making inter-state supplies on E-commerce from GST registration: GTRI | The Financial Express
https://www.financialexpress.com/industry/sme/msme-eodb-exempt-small-suppliers-making-inter-state-supplies-on-e-commerce-from-gst-registration-gtri/3164761/ Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-exempt-small-suppliers-making-inter-state-supplies-on-e-commerce-from-gst-registration-gtri/3164761/ Ease of Doing Business for MSMEs: The GST Council has already exempted small businesses that make intra-state supplies through e-commerce platforms from
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