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REVERSE CHARGE MECHANISM
Cashless health insurance claims: What policyholders can do when hospitals and insurers clash over bills, approvals, and deductionsInflated bills, delayed approvals, arbitrary deductions. As hospitals and insurers trade charges, policyholders are left footing the bill. ...- ETMarkets Smart Talk | The next 12 months may be about capital saved, not returns made: Praveen JagwaniPraveen Jagwani advises investors to prioritize capital preservation over chasing high returns. Highlighting the need for extensive diversi...
- UPI fee rollback ruled out: 0.4% MDR stays on big paymentsThe government will levy a 0.4% fee on UPI merchant payments exceeding two thousand rupees. This new charge will take effect from October f...
- No question of rollback of 0.4% MDR charges on UPI transactions over Rs 2,000: Top govt officialA top official, when asked whether the government was considering to roll back the proposed Merchant Discount Rate charges on UPI transacti...
- In 1824, an English engineer invented the first working electromagnet laying the foundation for modern electrical engineeringIn 1824, an English engineer invented the first working electromagnet laying the foundation for modern electrical engineering. William Stur...
- ET Prime Special Series: Multibagger or IBC - Part 73: The customer pays slowly. The machines depreciate slowly tooThe title of this series sounds binary. The businesses rarely are. Between a multibagger and bankruptcy lies a large middle ground where co...
- AI won’t create India’s jobs crisis, but it could deepen itEducated youth face a challenging job market with fewer middle-skill opportunities. Many new jobs are in low-productivity agriculture or in...
- Man did not disclose UAE bank account and foreign shares in ITR, I-T dept imposed Rs 1.86 lakh penalty; He escalates the case but ITAT Delhi offers no reliefDubai connection: Man claimed friend sent money to Dubai Emirates NBD bank a/c to start business but didn't disclose foreign assets in Sche...
- Mid-cap stocks: Time for a change of stance? 6 mid-caps from different sectors with an upside potential up to 29%Sometimes the real market story is not in the headline index. The Nifty and Sensex can be under pressure, and yet, below them, mid- and sma...
- RBI relaxes device-loan recovery normsThe Reserve Bank of India has updated its regulations on mobile loan financing. Lenders are now required to reinstate device functionality ...
- No input tax credit for the innocent buyer after paying GST? Supreme Court settles who bears the cost when a supplier defaultsThe Supreme Court affirmed Gujarat High Court's decision on CGST Act Section 16(2)(c). This ruling validates the provision requiring tax pa...
- Government exempts IGST on ocean freight from October 1KPMG Indirect Tax Head & Partner Abhishek Jain said the amendments proposed are aligned with the apex court's ruling in the case of Mohit M...
- 11% startups thinking about moving abroad, says LocalCircles surveyThe survey, conducted by community platform LocalCircles in which over 4,400 entrepreneurs participated, found that 11% of respondents were...
- GST: Centre defers reverse charge mechanism till September 30The mechanism, an anti-tax-evasion measure to ensure transactions by unregistered people don’t escape tax, was to kick in from July 1 this ...
- GST provisions on TDS/TCS, reverse charge mechanism deferred by 3 monthsThe GST Council had suspended the provision for deduction of TDS and collection of TCS, as well as implementation of reverse charge mechani...
- FinMin clarifies on return filing by businesses opting for composition schemeThe ministry, in a statement said, doubts are being raised about the manner of filing the quarterly return by composition dealers in Form G...
- Government collects only Rs 335 cr under GST Composition scheme in one quarter"A total of 8.10 lakh returns were filed by Composition Dealers paying a total of Rs. 335.86 crores as GST," said Ministry of Finance in a ...
- GST composition scheme may come under reverse charge mechanism to curb evasionUnder the reverse charge mechanism, a person receiving goods or services collects the GST levied and deposits the tax with the government.
- Government banks on 2 tools to crack whip on GST evaders“We are slowly tightening the noose and these two steps alone will help us increase our collections by around 25%,” said a senior governmen...
- Sale of old gold jewellery will not attract GST on exchangeHowever, if an unregistered supplier of gold ornaments sells it to registered supplier, the tax will apply under reverse charge mechanism.
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