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CONCESSIONAL CREDIT FOR TRADERS
Taxpayers denied new tax regime benefits for not filing Form 10IC; get relief from ITAT Mumbai for this reasonTaxpayers can now claim new tax regime benefits even if Form 10IC is filed late. The ITAT Mumbai ruled that technical errors or oversight s...- Budget 2026-27: Critical minerals, clean energy and MSME revival top Deloitte’s key asksIndia's upcoming Union Budget for FY2026-27 will focus on key reforms. Expect enhanced support for MSMEs and strengthened supply chains for...
- Loss due to Cyclone Michaung expected to be over Rs 11,000 croreK. E. Raghunathan said the estimate has been segregated into business loss due to production being stopped, machinery or asset loss and mat...
- Canton-type mega expos are a gateway to global trade. Is India ready to host them?Inspired by global trade fairs, the government wants to host mega expos. This is exciting news for MSMEs, and the economy. But the success ...
- Fewer I-T slabs, make it simplerSalaried employees bear the bulk of the burden of paying personal I-T now, while traders and producers in the unorganised sector get by wit...
- ‘RBI may have to keep rates low and liquidity easy’Finance minister Nirmala Sitharaman on Monday expanded the government's emergency credit line guarantee scheme (ECLGS), announced a fresh g...
- Will the light shine on India's economy? Tracking the Diwali spend and looking at post-festival recoveryYou can call it retail therapy or pin it on the festive spirit, or believe what the government is saying — that the Indian economy, which h...
- ET analysis: China's trade concessions to Bangladesh a 'dual-deficit and debt trap'This so called “diplomatic victory” by China involving duty free access taking advantage of the pandemic can only push a promising economy ...
- Lockdown, Day 51: Lifeline for labourersRailways has now cancelled all passenger trains till June 30. Special and shramik trains will continue to run.
- Market Movers: What changed for D-Street while you were sleepingHere is breaking down the pre-market actions.
- GST's promise of one nation, one tax. Has it delivered?On the roadmap ahead, industry leaders opine that GST council needs to take charge and restart the work of aligning tax rules, so as to ens...
- Budget 2019: Announce accidental insurance, concessional credit for traders, CAIT urges PMIn a letter to the prime minister, the Confederation of All India Traders (CAIT) said: "We shall request you to either declare the package ...
- 'Inconceivable' that India, Africa don't have permanent UNSC seats: EAM Sushma Swaraj"India, Africa and other developing countries will have to work hand-in-hand to ensure that our development agenda is not affected," Swaraj...
- Talks on Asean gold import ban todayIndia has signed a CEP pact with South Korea in 2010 to facilitate mutual trading incentives.
- Companies fear losing credit over GST filing errorsThe offline utility to be used to claim input tax credit for pre-GST regime was not available till Sunday. Thus, details had to be filed on...
- Corporate India's quick guide to BudgetBoost to markets as FPIs Category 1 and 2 are exempt from indirect transfer provisions and the resultant capital gains with retrospective e...
- Nepal witnesses new government, thaw in ties with India in 2016India had witnessed a strain in bilateral ties after the adoption of a new Constitution by Nepal that divided the tiny nation into seven pr...
- Is it the right time to scrap cash credit?Well rated large corporations draw on their cash credit limits only in exigent circumstances. This leaves the banks with large under-utilis...
- GST effect? Walmart keen to invest in food processing sector in India after 100% FDI ruleLeading Brazilian poultry company has expressed keen interest in joining hands with Kishore Biyani's Future Group to sell their products in...
- NBHC signs MoU with Canara Bank for collateral management servicesThis development will help NBHC expand its services across additional geographies as well as enable it to manage more commodities.
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