Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-cash-withdrawals-file-itr-2-or-3-to-claim-tds/2591831/ An assessee cannot claim credit for TDS on large cash withdrawals under Section 194N in Form ITR 1 even if his taxable income
Retail Inflation June 2022: Inflation not tamed yet, retail prices likely to stay elevated as oil prices remain sticky | The Financial Express
lipped from: https://www.financialexpress.com/economy/inflation-not-tamed-yet-retail-prices-likely-to-stay-elevated-as-oil-prices-remain-sticky/2590913/?ref=Must_Read June Retail Inflation 2022, Retail Inflation in India Latest News: The inflationary pressures are expected to remain elevated over the near to medium
*****SC says taxpayer needs to satisfy twin conditions to claim set-off losses | The Financial Express
clipped from: https://www.financialexpress.com/money/income-tax/sc-says-taxpayer-needs-to-satisfy-twin-conditions-to-claim-set-off-losses/2592075/ A Bench led by Justice MB Shah held that the HC had committed a grave error and its view “is erroneous and contrary
*rupee dollar: RBI meets bank executives to get market pulse – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-meets-bank-executives-to-get-market-pulse/articleshow/92835435.cms Synopsis This comes amid a falling rupee, which has triggered a slew of regulatory actions aimed at bringing back overseas inflows and cutting
Public spending to make private less ltd – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/public-spending-to-make-private-less-ltd/articleshow/92835932.cms Synopsis The ratio of gross fixed capital formation (GFCF)-to-GDP in current prices stood at 28.6% in 2021-22 against 26.6% in 2022-23. The government’s
*****From Russia (for crude), with rupees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/from-russia-for-crude-with-rupees/articleshow/92836038.cms Synopsis Ensuring Russian oil supply is critical for the rupee-dollar exchange rate that determines the bill for Indian energy imports from traditional suppliers.
*It Stocks today: IT stocks slide after TCS Q1 miss; some feel any further fall could trigger buying – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/it-stocks-slide-after-tcs-q1-miss-some-feel-any-further-fall-could-trigger-buying/articleshow/92814660.cms Synopsis The weaker-than-expected TCS earnings added to existing concerns over a potential US recession that is feared to hurt deal pipeline for IT
*Here are some common mistakes you need to avoid while filing for ITR – BusinessToday
Clipped from: https://www.businesstoday.in/latest/trends/story/income-tax-returns-here-are-some-common-mistakes-you-need-to-avoid-while-filing-for-itr-341244-2022-07-12 Any mistake while filing ITR can lead to a penalty or tax notice from the Income Tax Department. Follow the steps to know
The scam faultline is damaging Indian banking – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-scam-faultline-is-damaging-indian-banking/article65628245.ece More steps to prevent frauds are needed which include tightening the internal and external audit systems of banks ‘While the Government of India
*‘Poultry industry faces severe shortage of talent’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-industry-faces-severe-shortage-of-talent/article65629703.ece Annually around 5 lakh professionals can enter the industry, says Suguna Holdings CHRO S Harish India’s poultry sector is growing at 8-10 per
*Five key benefits of filing your income tax return by the due date | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/five-key-benefits-of-filing-your-income-tax-return-by-the-due-date-122071200862_1.html Filing ITR is mandatory in order to claim deductions under Chapter VI and exemptions on long-term capital gains; but there are other benefits
*******Who are anchor investors? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/finance/who-are-anchor-investors-122071200076_1.html Before a company hits the primary market, it will have to find anchor investors. So who are anchor investors and why are they
*Neighbours, Russia can help convert 16.38% of India’s trade into rupees | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/neighbours-russia-can-help-convert-16-38-of-india-s-trade-into-rupees-122071200484_1.html The rupee’s use in trade settlement would help the RBI in conserving foreign exchange. India’s forex reserves have fallen by more than Rs
*Rupee settlement to help India trade with Russia, Iran and others: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-settlement-to-help-india-trade-with-russia-iran-and-others-experts-122071200415_1.html On Monday, the Reserve Bank of India said it had put in place a mechanism for international trade settlements in Indian rupees (INR)
Ahead of inflation data, understanding how CPI is linked to RBI and markets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ahead-of-inflation-data-understanding-how-cpi-is-linked-to-rbi-and-markets-122071200839_1.html The Reserve Bank of India (RBI) hiked the benchmark interest rate, or repo rate, in May and then in June to control demand
Major GST issues in real estate sector | The Financial Express
Clipped from: https://www.financialexpress.com/money/major-gst-issues-in-real-estate-sector/2591266/ GST was introduced with the sole purpose of easing out compliances and avoiding the cascading of taxes. However, the purpose somewhere appears to
*******10 taxation and investment related benefits exclusively available to senior citizens | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/10-taxation-and-investment-related-benefits-exclusively-available-to-senior-citizens/2591270/ Here are 10 investment and taxation related benefits that are exclusively available to senior citizens. There are several tax benefits available to senior
Banks to report mark-to-market losses of Rs 13,000 crore on rising bond yields: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-to-report-mark-to-market-losses-of-rs-13000-crore-on-rising-bond-yields-report/articleshow/92827930.cms Synopsis The banks have a higher holding of government securities, especially the ones with longer tenors, in their investment portfolios due to which
*******HRA–Own two houses? Here’s how to claim tax deduction on HRA and home loan repayment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/own-two-houses-heres-how-to-claim-tax-deduction-on-hra-and-home-loan-repayment/articleshow/92804548.cms Synopsis A self-occupied house gives you two avenues of saving taxes which are the payment of interest and repayment of principal. You can
*Green Card: Waiting time for employer-sponsored green cards rises – The Economic Times
<div pseudo=”-webkit-input-placeholder” id=”placeholder” style=”color: rgb(96, 94, 92); display: block !important;”><br class=”Apple-interchange-newline”>Add a note…</div><div></div> Clipped from: https://economictimes.indiatimes.com/nri/migrate/wait-time-for-employer-sponsored-green-cards-rises/articleshow/92795999.cms Synopsis Employers can opt to pay $2,500 fee, compared to
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