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PRODUCT TAX CLASSIFICATION
Product's form at sale, not end use, will determine tax rate: Supreme CourtThe Supreme Court has ruled that the tax rate applicable to a product must be determined by its physical form at the time of sale, not its ...- Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNLIndian equities continued their downward trend due to rising global bond yields and high crude oil prices. The Nifty 50 fell by 198.50 poin...
- ‘Cash flow statement can't lie’ is the most expensive assumption in the stock market. That number can be dressed up tooThe cash-flow statement is supposed to be honest, the place you see whether a company is really making money or merely reporting it. But a ...
- Cinematographic film not IT software under GST: HC; quashes Rs 79 cr tax demand on Karan Johar firmsBombay High Court maintained that a cinematographic film is not IT software under GST law regardless of its method of delivery. The court s...
- Noel Tata proposes splitting Tata Sons as alternative to RBI-mandated listingNoel Tata suggested restructuring Tata Sons into multiple entities. This proposal offers an alternative to listing the holding company. The...
- India's new GDP series: GST, corporate data drive new methodologyIndia's revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update...
- Six factors, 250 stocks and one model: How JioBlackRock is building portfoliosJioBlackRock Mutual Fund’s Balanced Advantage Fund uses a rules-based model combining global risk sentiment with four local signals to deci...
- UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced f...
- Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun BeveragesOn September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracte...
- NPS risk labels: Will PFRDA’s new framework help subscribers make better choicesThe unwieldy retirement scheme is becoming more organised through risk-based classification, standardised disclosures, uniform naming conve...
- The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupeeA provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might...
- ET Prime Special Series: Multibagger or IBC - Part 75: Delisting, merger, demerger: Long restructuring story of one auto ancillaryLast week's auto-ancillary story dealt with another major participant in the same broad industry. This week's business is dramatically narr...
- New GDP series reflects better data, methods: MoSPIThe Ministry of Statistics and Programme Implementation defends its new GDP series methodology. Double deflation is presented as a methodol...
- Customs portal aims to curb divergent assessment practicesThe Central Board of Indirect Taxes and Customs has introduced an innovative digital repository designed to assist importers and customs br...
- Sales didn't move, the profit went up. Here's the trick which is used to do thisHere is one that should make you look twice at any company you own. A company paid a supplier Rs. 394 crore, described in its accounts as a...
- Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explainsThe number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...
- The nose theory: When the British measured the noses of IndiansBritish administrator Herbert Hope Risley used nose measurements and other physical traits to classify Indians by supposed race and caste. ...
- Income tax for senior citizens: No salary after retirement? These 7 incomes can still attract tax; know what is exemptRetirement is not synonymous with tax freedom. Your pensions, interest income, rental earnings, and capital gains may still incur taxes. It...
- Scrutiny isn't suspicion: India accelerates flex-fuel vehicle push as ethanol blending surpasses targetsIndia has quietly advanced flex-fuel vehicle adoption and E85 fuel sales. Ethanol blending has significantly increased, exceeding initial t...
- Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FMIndia's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To a...
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