https://www.thehindubusinessline.com/opinion/hasten-deposit-insurance-reforms/article67072830.ece Clipped from: https://www.thehindubusinessline.com/opinion/hasten-deposit-insurance-reforms/article67072830.ece Even as banks face new risks, uninsured and ‘not fully protected’ deposits are rising. This must be addressed The recently released Financial Stability
GST Council may have erred in its policy on gambling – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/gst-council-may-have-erred-in-its-policy-on-gambling/article67071723.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/gst-council-may-have-erred-in-its-policy-on-gambling/article67071723.ece The 28 per cent GST on betting amount will add to the existing burden of commission/fee payable to the facilitator, and if
Bad news! Infosys defers pay hike for staff | The Financial Express
https://www.financialexpress.com/industry/bad-news-infosys-defers-pay-hike-for-staff-bkg/3166694/ lipped from: https://www.financialexpress.com/industry/bad-news-infosys-defers-pay-hike-for-staff-bkg/3166694/ The report says that the decision shows that the IT sector is facing tough conditions due to present macroeconomics conditions. X Infosys,
RBI looking at additional loans for home buyers of stuck projects
https://www.business-standard.com/finance/news/rbi-looking-at-additional-loans-for-home-buyers-of-stuck-projects-123071200280_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-looking-at-additional-loans-for-home-buyers-of-stuck-projects-123071200280_1.html A meeting of a committee was held on June 19 to discuss issues related to “legacy stalled projects” in real estate Delhi-NCR
Court asks husband to pay wife Rs 50,000 a month for pets’ maintenance
https://www.business-standard.com/india-news/court-asks-husband-to-pay-wife-rs-50-000-a-month-for-pets-maintenance-123071200327_1.html Clipped from: https://www.business-standard.com/india-news/court-asks-husband-to-pay-wife-rs-50-000-a-month-for-pets-maintenance-123071200327_1.html A Mumbai court, while hearing a woman’s plea seeking maintenance from her estranged husband, said pets bring emotional well-being Listen to This
Read: Money Mantra: भेट (गिफ्ट) देताना – घेताना प्राप्तिकर भरावा लागतो का?
https://www.loksatta.com/business/personal-finance/do-you-have-to-pay-income-tax-on-gifts-mmdc-dvr-99-3784990/ Shared by Loksatta android app click here to download https://loksatta.page.link/LS_app
MOTOR VEHICLE INSURANCE: Fortify with add-ons this monsoon | The Financial Express
https://www.financialexpress.com/money/insurance/motor-vehicle-insurance-fortify-with-add-ons-this-monsoon/3165757/ lipped from: https://www.financialexpress.com/money/insurance/motor-vehicle-insurance-fortify-with-add-ons-this-monsoon/3165757/ Go for engine protection cover if you live in a flood-prone region X As the monsoon season has arrived, car owners must
Corporate India’s health insurance safety net doesn’t cover everyone
https://www.business-standard.com/finance/personal-finance/corporate-india-health-insurance-safety-net-doesn-t-cover-everyone-123063000255_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/corporate-india-health-insurance-safety-net-doesn-t-cover-everyone-123063000255_1.html Majority of staff in key business sectors lack protection, shows data from listed companies Health Insurance Listen to This Article As the
Federal Reserve to resume interest rate hikes after the pause seen in June’s FOMC meeting | The Financial Express
https://www.financialexpress.com/business/investing-abroad-federal-reserve-to-resume-interest-rate-hikes-after-the-pause-seen-in-junes-fomc-meeting-3165597/ Clipped from: https://www.financialexpress.com/business/investing-abroad-federal-reserve-to-resume-interest-rate-hikes-after-the-pause-seen-in-junes-fomc-meeting-3165597/ The Fed is resuming its tightening program amid a strong labor market, which threatens to undo the central bank’s work during the
GST Council okays 28% tax on online gaming, casinos and horse racing
https://www.business-standard.com/economy/news/gst-council-okays-28-tax-on-online-gaming-casinos-and-horse-racing-123071101097_1.html Clipped from: https://www.business-standard.com/economy/news/gst-council-okays-28-tax-on-online-gaming-casinos-and-horse-racing-123071101097_1.html To be levied on full face value; effective roll-out after amendments to GST law Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay
28 per cent GST an existential threat, say online gaming companies – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/28-per-cent-gst-an-existential-threat-say-online-gaming-companies/article67068569.ece lipped from: https://www.thehindubusinessline.com/news/28-per-cent-gst-an-existential-threat-say-online-gaming-companies/article67068569.ece The decision will lead to lakhs of job losses: The All India Gaming Federation chief Online gaming companies have reacted strongly to
RBI targets 10 lakh CBDC transactions per day by year-end: Dy Guv Sankar – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-targets-10-lakh-cbdc-transactions-per-day-by-year-end-dy-guv-sankar/article67068620.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-targets-10-lakh-cbdc-transactions-per-day-by-year-end-dy-guv-sankar/article67068620.ece RBI is hoping to achieve this milestone by making CBDC interoperable with the UPI (Unified Payments Interface) system The Reserve Bank of
Uniform 28% GST on full face value of casino, online game, horse race bets – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/uniform-28-gst-on-full-face-value-in-online-gaming-casino-horse-racing/article67068855.ece Clipped from: https://www.thehindubusinessline.com/economy/uniform-28-gst-on-full-face-value-in-online-gaming-casino-horse-racing/article67068855.ece The Council recommended that amendments be made in the law to include online gaming and horse racing in Schedule III as taxable
NPAs, write-offs and recoveries – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/npas-write-offs-and-recoveries/article67068469.ece Clipped from: https://www.thehindubusinessline.com/opinion/npas-write-offs-and-recoveries/article67068469.ece Gross NPAs have fallen, but banks should not be complacent as fresh NPAs are emerging and recoveries are far from satisfactory There
GST Council decides to impose 28% tax on turnover of online gaming firms
https://www.business-standard.com/economy/news/gst-council-agrees-to-levy-28-tax-on-online-gaming-on-full-face-value-123071100783_1.html Clipped from: https://www.business-standard.com/economy/news/gst-council-agrees-to-levy-28-tax-on-online-gaming-on-full-face-value-123071100783_1.html Sitharaman said the tax will be levied on the entire value Finance Minister Nirmala Sitharaman with Revenue Secretary Sanjay Malhotra during the
👍👍👍👍👍Capital gain not computable on execution of sale deed in favour of daughter-in law
https://taxguru.in/income-tax/capital-gain-computable-execution-sale-deed-favour-daughter-in-law.html Clipped from: https://taxguru.in/income-tax/capital-gain-computable-execution-sale-deed-favour-daughter-in-law.html Hanuman Prasad Tambi Vs ITO (ITAT Jaipur) ITAT Jaipur held that capital gain not computable in respect of sale deed executed in
Appellate Authority Bound by Show Cause Notice Allegations: Calcutta High Court
https://taxguru.in/goods-and-service-tax/appellate-authority-bound-show-cause-notice-allegations-calcutta-high-court.html Clipped from: https://taxguru.in/goods-and-service-tax/appellate-authority-bound-show-cause-notice-allegations-calcutta-high-court.html Calcutta High Court holds Appellate Authority cannot travel beyond allegations made in Show Cause Notice and quashes order for rejection of refund
👍👍👍👍👍👍👍👍Reassessment proceedings in absence of adequate reasoning is erroneous
https://taxguru.in/income-tax/reassessment-proceedings-absence-adequate-reasoning-erroneous.html Clipped from: https://taxguru.in/income-tax/reassessment-proceedings-absence-adequate-reasoning-erroneous.html Anilaben Rohitbhai Modi Vs ITO (High Court Gujarat) Gujarat High Court held that in absence of adequacy of reasons and its relevancy
AI’s disruptive economic impact, an India check – The Hindu
https://www.thehindu.com/opinion/lead/ais-disruptive-economic-impact-an-india-check/article67064846.ece Clipped from: https://www.thehindu.com/opinion/lead/ais-disruptive-economic-impact-an-india-check/article67064846.ece With Artificial Intelligence (AI) becoming an integral part of the global economy, India should focus on education and training in AI, rather
Ministry of Corporate Affairs orders inspection of Byju’s account books – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/education/ministry-of-corporate-affairs-orders-inspection-of-byjus-account-books/article67067558.ece Clipped from: https://www.thehindubusinessline.com/news/education/ministry-of-corporate-affairs-orders-inspection-of-byjus-account-books/article67067558.ece Byju’s, however, stated that it has not received any communication from the MCA and will cooperate if a routine inspection takes place.
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