Clipped from: https://economictimes.indiatimes.com/wealth/tax/the-change-needed-in-capital-gains-taxation/articleshow/95780625.cms Synopsis When such a tax used to be there before 2005, it had an indexation facility. Now, all other long-term capital gains taxes
Exemption from TDS deduction: Who can apply, process – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/exemption-from-tds-deduction-who-can-apply-process/articleshow/95778908.cms Synopsis This application can be made by any person, corporate, HUF, individual, etc. An individual may also submit a self declaration in Form
Wall Street hunts for recession plays to weather potential 2023 turbulence | The Financial Express
Clipped from: https://www.financialexpress.com/market/wall-street-hunts-for-recession-plays-to-weather-potential-2023-turbulence/2900373/ Investors in the coming week are awaiting economic data on the U.S. services sector, which grew at its slowest pace in nearly 2-1/2
layoffs: Macro uncertainty, layoffs giving sleepless nights to working professionals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/macro-uncertainty-layoffs-giving-sleepless-nights-to-execs/articleshow/95971553.cms Synopsis About 4-6 out of 10 professionals reaching out for mental health support in the last few months are hounded with the fear
Income Tax department reduces time for taxmen to decide on refund adjustment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/income-tax-dept-reduces-time-for-taxmen-to-decide-on-refund-adjustment/articleshow/95981050.cms Synopsis According to the Directorate of Income Tax (Systems) notice, the time limit of 30 days made available to the assessing officers has
Amendments in Income Tax Act under Finance Act 2021 do not affect notices issued prior to April 1st, 2021: Orissa HC
Amendments in Income Tax Act under Finance Act 2021 do not affect notices issued prior to April 1st, 2021: Orissa HC [Read Order] Read More: https://www.taxscan.in/amendments-in-income-tax-act-under-finance-act-2021-do-not-affect-notices-issued-prior-to-april-1st-2021-orissa-hc/230265/
Reassessment Notice issued without following Provision u/s 148A is not valid: Kerala HC
Reassessment Notice issued without following Provision u/s 148A is not valid: Kerala HC [Read Order] Read More: https://www.taxscan.in/reassessment-notice-issued-without-following-provision-u-s-148a-is-not-valid-kerala-hc/229827/
Cash Gift of Rs. 39 Lakh from Husband during Assessment Proceedings was Mere Afterthought after Search: ITAT Upholds Addition
The Income Tax Appellate Tribunal (ITAT) Bench at Chennai has recently held that, the claim of the assessee, K Gomati that Rs. 39 Lakhs was
CA Cannot be Prosecuted under PMLA merely for Issuing Form No. 15CB
Clipped from: https://taxguru.in/income-tax/ca-prosecuted-pmla-issuing-form-no-15cb.html Murali Krishna Chakrala S/o. Muniram Prasad Chakrala Vs Deputy Director (Madras High Court) The submission of Mr.Nithyaesh Natraj, learned counsel, that mere issuance
health insurance policy: Multiple restoration benefit on health insurance policy: How to get maximum value from it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/multiple-restoration-benefit-on-health-insurance-policy-how-to-get-maximum-value-from-it/articleshow/95934947.cms Synopsis Whenever you make a claim against your health insurance, your remaining coverage, depending on the sum insured, comes down or gets exhausted
Axis Securities’ six largecap picks that may rally up to 30% in coming months – Largecap Picks | The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/axis-securities-six-largecap-picks-that-may-rally-up-to-30-in-coming-months/largecap-picks/slideshow/95959120.cms Domestic brokerage firm Axis Securities has released its December reports, where it is positive on half a dozen largecap counters that can rally
Judicial quality has a quantity of its own; system needs a review – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/judicial-quality-has-a-quantity-of-its-own-system-needs-a-review/articleshow/95946822.cms Synopsis Filling vacancies with qualified capable persons is another challenge. A transparent system that rewards merit for recruiting judges must be instituted. At
Buybucks can hurt the back – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/et-commentary/share-markets-buybucks-can-hurt-the-back/articleshow/95946553.cms Synopsis Taxation works against long-term investors who stay invested in companies as they end up paying for those who have sold their holdings
What will the Russian oil price cap do to markets like India, China – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/what-will-the-russian-oil-price-cap-do-to-markets-like-india-china/articleshow/95951090.cms Synopsis The G-7 has mostly decided to stop its own imports of Russian crude so the move is aimed squarely at other big
Supreme Court ends large tax evasion in land, property deals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/supreme-court-ends-large-tax-evasion-in-land-property-deals/articleshow/95943034.cms Synopsis The trick used till now was holding real estate assets in a partnership structure, revaluing the properties to current market price, bringing
What caused the BSE IT Index to reverse this week? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/what-caused-the-bse-it-index-to-reverse-this-week/articleshow/95946424.cms Synopsis Since there is no new story all the time, someone selects to sell. The day there is no greater fool to sell
Shriram Transport Finance Company Limited: Merger-bound Shriram Fin to emerge as second largest retail NBFC: KIE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/merger-bound-shriram-finance-to-emerge-as-second-largest-retail-nbfc-kotak-institutional-equities/articleshow/95959285.cms Synopsis Shriram Capital Limited (SCL), the holding company of the Shriram Group, and Shriram City Union Finance are being merged with Shriram Transport
oyo layoffs: Oyo to layoff 600 employees as part of ‘wide ranging’ changes in organisation structure – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/oyo-to-layoff-600-employees-hiring-250-staffers/articleshow/95958176.cms Synopsis Oyo says it’s downsizing people in its product and engineering teams, but also hiring staffers in relationship management and business development. The
Excessive outsourcing of banks’ core activities will lead to concentration risk: Ajay Choudhary: RBI executive director – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/excessive-outsourcing-of-banks-core-activities-will-lead-to-concentration-risk-rbi-ed-ajay-choudhary/articleshow/95957362.cms Synopsis “In line with our outsourcing guidelines, the board and senior management must ensure that at no point of time, the core activities
What will the Russian oil price cap do to markets like India, China — Courtesy Economic Times
What will the Russian oil price cap do to markets like India, China https://economictimes.indiatimes.com/industry/energy/oil-gas/what-will-the-russian-oil-price-cap-do-to-markets-like-india-china/articleshow/95951090.cms Download Economic Times App to stay updated with Business News –