Advisors India

(0)
News

GST council hikes tax on online real money gaming and betting to 40% from 28%

The GST Council raised tax on online real money gaming from 28% to 40%, classifying it as a ‘sin good’ alongside casinos and betting. Household games saw a GST cut to 5%. This follows Parliament’s ban on online real money…

(0)
News

Extend income tax audit deadline due to ITR portal glitch, enhanced reporting needs: BCAS

The Bombay Chartered Accountants’ Society (BCAS) has urged for extensions to income tax deadlines, citing persistent glitches on the e-filing portal. BCAS, along with other associations, highlighted challenges like delayed utility releases, technical bottlenecks, and overlapping deadlines. They propose extending…

(0)
News

GST 2.0 cuts freight taxes to 5% to ease logistics costs

The GST Council has slashed tax rates on multimodal transport, container rail movement and road haulage, lowering cargo charges and offering relief to exporters.

(0)
News

Mother Dairy to pass on benefits of GST reduction to consumers: MD

Mother Dairy, a leading dairy firm with a turnover of Rs 17,500 crore, welcomes the GST Council’s decision to reduce GST rates on various dairy products like paneer, cheese, and butter. The company commits to passing on the benefits of…

(0)
News

Indian exporters lobby RBI for weaker rupee to offset US tariffs

Indian exporters, facing a 30% loss due to Trump’s 50% tariffs on US-bound shipments, are lobbying the RBI for a temporary, weaker rupee rate of 103 per dollar for US earnings. This request aims to offset the tariff’s impact, but…

(0)
News

Reduction in GST on cement to help real estate sector: CREDAI

CREDAI lauded the government’s GST rate simplification, reducing it from four tiers to two, anticipating widespread relief and eased inflation. President Shekhar Patel highlighted the landmark GST reduction on cement from 28% to 18%, projecting a transformative impact on real…

1
...
807
808
809
810
811
...
3253

EPFO interest credit begins: How members can check if the amount is credited to their accounts
EPFO members can see their annual interest of 8.25% for FY2025-26 in their accounts starting July 15. Here's how you can check your PF balance online.
Property registry alone doesn't prove ownership: Here's what else homebuyers need to do
Purchasing and registering a property does not guarantee legal ownership. Validity relies on the entire title chain and documentation. Mutation, while important for records, does not affect ownership rights, experts said. 
Trump's accounts sold Micron, bought Nvidia: Expert warns, ‘Don't mistake it for a strategy’
Donald Trump's investment accounts, managed by third parties, have executed over 6,100 stock trades in 2023. Notably, they sold Micron shares while acquiring Nvidia stock, highlighting a contradiction between Trump's public praise for Micron and his accounts' trading decisions.
Warren Buffett says Alphabet bet was his call, admits ‘I made a mistake…’ | Why Berkshire is betting billions now?
Warren Buffett confirmed his decision to build Berkshire Hathaway's substantial stake in Alphabet, stating he acted independently of CEO Greg Abel. 
EPFO alert: Why updating your profile photo is crucial for e-nominations and PF claims
EPFO members are urged to upload a recent profile photo on the Unified Member Portal to complete e-nominations and online claims. Here's why it matters and how to do it.
Gifting stocks to your spouse, child or friend? Check how the tax rules differ in three scenarios
Gifting stocks can trigger tax implications depending on the relationship between the donor and recipient. Transfers to close relatives are often tax-exempt, while gifts to others exceeding ₹50,000 are taxable. 
How can families preserve art, jewellery and heirlooms for future generations?
A trust can help families preserve art, jewellery and heirlooms across generations by setting clear rules on ownership, access, conservation, display, monetization and succession.
Monsoon is here: Why you're paying out of pocket for sudden illnesses despite having health insurance
Health insurance covers major hospitalisation costs, but many medical expenses, such as doctor consultations and medicines, are often paid out of pocket. Experts say financial preparedness and understanding policy coverage can help families avoid unexpected healthcare costs.
SIP returns disappointing? Here's when to stay invested and when to switch funds
Negative or muted SIP returns in the initial years are not uncommon, especially for equity mutual funds. Experts say investors should judge a fund over a full market cycle and switch only if there are signs of structural issues.
NRI tax filing: Moved abroad? Here's when you still need to file an ITR in India
Moving abroad does not end your tax obligations in India. From excess TDS and capital losses to property sales and future tax planning, here's when NRIs should file an ITR.