Clipped from: https://economictimes.indiatimes.com/news/economy/finance/govt-to-unveil-plan-to-boost-psu-general-insurers/articleshow/90364296.cms Synopsis The government had proposed a ₹4,950-crore capital infusion in state-run general insurers in the third supplementary demand of grants earlier this month.
Service Tax Demand cannot be based on Statement recorded u/s 132 of Income Tax Act: CESTAT–TAXSCAN
Clipped from: https://www.taxscan.in/service-tax-demand-cannot-be-based-on-statement-recorded-u-s-132-of-income-tax-act-cestat/162293/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Service%20Tax%20Demand Top Stories By Rasheela Basheer – On March 21, 2022 6:03 am While quashing a service tax demand, the CESTAT, Ahmedabad bench has held that the
Working to improve tax literacy in country for widening taxpayer net, says CBDT Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/working-to-improve-tax-literacy-in-country-for-widening-taxpayer-net-says-cbdt-chairman/articleshow/90333037.cms Synopsis The CBDT chief was asked about the steps being taken by the taxman to widen and deepen the tax base in the
crypto tax: Govt working on classification of cryptocurrency under GST law – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-working-on-classification-of-cryptocurrency-under-gst-law/articleshow/90333798.cms Synopsis GST officers are of the view that cryptos, by nature, are similar to lottery, casinos, betting, gambling, horse racing, which have 28
Income Tax Practitioner misled Assessee in making False Refund: ITAT deletes Penalty against Assessee [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/income-tax-practitioner-misled-assessee-in-making-false-refund-itat-deletes-penalty-against-assessee/162053/ Clipped from: https://www.taxscan.in/income-tax-practitioner-misled-assessee-in-making-false-refund-itat-deletes-penalty-against-assessee/162053/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Income%20Tax%20Practitioner Top Stories By Rasheela Basheer – On March 18, 2022 6:16 pm The Income Tax Appellate Tribunal (ITAT) Chennai bench has deleted penalty under
Mere Digital Signing on Re-Assessment Notice won’t be Valid: Allahabad High Court–TAXSCAN
Clipped from: https://www.taxscan.in/mere-digital-signing-on-re-assessment-notice-wont-be-valid-allahabad-high-court/162133/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Digital%20Signing Top Stories By Rasheela Basheer – On March 18, 2022 8:10 pm A division bench of the Allahabad High Court has held that mere digitally signing
Taxation of Income from House Property–TAXSCAN
Clipped from: https://taxguru.in/income-tax/indiscriminate-income-tax-notices-allowing-reasonable-time.html?utm_source=feedburner&utm_medium=email In view of Indiscriminate notices by income Tax Department without allowing reasonable time it is requested to Finance Ministry and CBDT that suitable
Hawkish Fed: 3 reasons why the stock market is rallying in spite of a hawkish Fed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/3-reasons-why-the-stock-market-is-rallying-despite-a-hawkish-fed/articleshow/90286660.cms Synopsis Even though the correction in Nifty by 15% from the peak had cooled valuations a bit, the recent recovery has again pushed
Arbitration best-suited dispute resolution mechanism for globalised world: CJI N V Ramana – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/arbitration-best-suited-dispute-resolution-mechanism-for-globalised-world-cji-n-v-ramana/articleshow/90323625.cms Synopsis “Trust in the globalised world can only be built by creating institutions with a strong emphasis on the rule of law. Rule
Fiscal council needed | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fiscal-council-needed-122031701316_1.html It will improve policy management The Union government this week informed Parliament there was no plan to set up a fiscal council as recommended by
How to respond to a notice for reassessment of income u/s 148A of I-T Act | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/how-to-respond-to-a-notice-for-reassessment-of-income-u-s-148a-of-i-t-act-122031800579_1.html Check the Relied Upon Documents, or RUDs, on the basis of which the assessing officer has started the reassessment proceedings Photo: Shutterstock The Income Tax Department
Investors will continue to flock towards direct equities, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/investors-will-continue-to-flock-towards-direct-equities-say-experts-122031801032_1.html The share of retail investors in companies listed on the NSE reached an all-time high of 7.33 per cent in the quarter ended
Foreign investors likely to return to Indian equities soon: Chris Wood | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/foreign-investors-likely-to-return-to-indian-equities-soon-chris-wood-122031800204_1.html Foreign portfolio investors exited India in droves and have sold stocks since October 2021 amid fears of an earlier and faster-than-expected rate hike
Three ways to see the Russia-Ukraine conflict | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/three-prisms-through-which-to-view-the-russia-ukraine-conflict-122031800695_1.html Is Putin the bad guy in the Ukraine conflict, or has the West ignored the need for a legitimate buffer zone, or is
How Russia could use bankruptcy law to punish foreign companies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/how-russia-could-use-bankruptcy-law-to-punish-foreign-companies/article65238058.ece An emblem is displayed on the gate of the Russian Embassy in London, Britain. As foreign companies seek to exit Russia over the
Contract enforcement: Key to Ease of Doing Business – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/contract-enforcement-key-to-ease-of-doing-business/article65238080.ece Towards faster justice delivery | Photo Credit: Marilyn Nieves However, it is equally true that for various reasons as were succinctly encapsulated in
Does anyone miss the middle-class? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/does-anyone-miss-the-middle-class/article65237750.ece The pandemic has shrunk the middle-class | Photo Credit: V RAJU The pandemic has shrunk this segment. Policies for, and data on, the middle
Should we rework the Budget numbers now? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/should-we-rework-the-budget-numbers-now/article65238358.ece The government may have to bite the bullet and cut excise duty on petro products | Photo Credit: – Geopolitical tensions have impacted
Biden tells Xi implications, consequences if China provides material support to Russia: White House – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/biden-tells-xi-implications-consequences-if-china-provides-material-support-to-russia-white-house/article65239839.ece US President Joe Biden | Photo Credit: KEVIN LAMARQUE During the call, Biden stressed concerns that Russia is spreading disinformation, while Xi raised
Retail investors grappling with new age stocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/retail-investors-grappling-with-new-age-stocks/article65237797.ece Zomato adds 1.5 lakh investors; Paytm 52,000 The brutal sell-off in new-age technology companies has caught retail investors off-guard. Shares of Paytm, PolicyBazaar,