Advisors India

(0)
News

India Inc's overseas fundraise picks up pace in May to $4.7 bn: RBI data

Indian companies’ external commercial borrowings proposals saw a significant jump in May. Total filings reached USD 4.74 billion, a notable increase from April’s figures. Prominent firms like Indian Railway Finance Corporation and NTPC filed substantial borrowing intentions. Kisetsu Saison Finance…

(0)
News

Axis Bank strengthens balance sheet, but funding quality weakens

Axis Bank has strengthened its balance sheet with better corporate underwriting and an improving deposit franchise. However, weakening funding quality and rising stress in parts of the retail loan book remain key concerns.

(0)
News

Stock markets rebound in early trade; Sensex jumps 553 points

Indian stock markets Sensex and Nifty rebounded in early trade on Wednesday. This rebound followed a sharp decline in the previous trading session. Softer-than-expected US inflation data reinforced expectations of a less aggressive Fed policy. Global cues turned supportive as…

(0)
News

GSTAT token mechanism safeguards appeal rights, but experts warn legal ambiguity could trigger fresh litigation

Tax experts say GSTAT’s token-based appeal mechanism is a pragmatic safeguard against portal-related disruptions, but caution that its long-term success will depend on statutory clarity, robust digital safeguards and a resilient e-filing system to prevent fresh litigation.

(0)
News

UP RERA to facilitate GST refund for homebuyers, warns builders against excess levy

Uttar Pradesh RERA has issued new guidelines for homebuyers seeking GST refunds. Eligible homebuyers overcharged GST can now claim refunds through the GST department. Promoters must strictly adhere to the Central government’s notified GST rates. If a project is cancelled…

(0)
News

India launches new services output index; 14 of 19 sectors post double-digit growth in April

India’s statistics ministry launched a new monthly services production index. The first trial release showed broad expansion across key economic sectors. Fourteen of nineteen sub-sectors posted double-digit year-on-year growth in April. Accommodation and food services led expansion, while transport sectors…

1
...
86
87
88
89
90
...
3334

Income-tax penalty over ₹3.71 lakh political donation deduction: ITAT Ahmedabad deletes ₹2.31 lakh penalty
ITAT Ahmedabad has deleted a ₹2.31 lakh income-tax penalty imposed on a taxpayer over a ₹3.71 lakh political donation deduction claimed under Section 80GGC. The tribunal said the tax department failed to clearly establish how the claim amounted to under-reporting or misreporting of income.
Income tax disputes: Govt drops 23,467 appeals under higher tax-effect limits; what taxpayers need to know
The Income Tax Department has withdrawn 5,978 appeals and not filed another 17,489 after higher monetary limits were introduced for departmental tax appeals. Here’s what the ₹60 lakh, ₹2 crore and ₹5 crore thresholds mean for taxpayers and pending income-tax disputes.
Paying rent using a credit card? These common mistakes could lower your CIBIL score
Using a credit card for rent payments can offer convenience and rewards but may incur significant costs. Here's what you need to know before considering it.
Sebi proposes major overhaul of settlement rules; fast-track route for cases up to ₹10 lakh
The proposals include removing an additional 20% settlement charge in certain cases involving multiple proceedings and introducing a fast-track mechanism for settlements of up to ₹10 lakh
West Bengal to implement Ayushman Bharat, Mukhyamantri Swasthya Bima Yojana from August 16 — Here's all we know
West Bengal government is set to implement the Centre's health insurance scheme Ayushman Bharat and state's cashless coverage scheme Mukhyamantri Swasthya Bima Yojana from August 16. Here's all we know… 
8th Pay Commission: Eligibility criteria, essential qualifications for consultants; check what's changed
The 8th Pay Commission has updated guidelines on eligibility criteria and essential qualifications for vacancies of its contract-based consultant roles. Here's a look at what has changed for the applicants.
‘Think early retirement is boring? Try…’: Pro-FIRE user’s post sparks debate; social media reacts
Finance commentator Seb's FIRE Journey ignites online debate over early retirement versus corporate life. Many agree that a lengthy commute and dull meetings can overshadow the perceived boredom of retirement.
Gen Z’s ‘YOLO’ image doesn’t match its bank account: Where young Indians are actually spending their salaries
Gen Z's budget is far more practical than flashy. A staggering 70% of a young professional's monthly budget is swallowed up by just five core categories — Bills, subscriptions & more
NSC for NRIs: Can non-resident Indians invest in National Savings Certificate and claim tax benefits?
Investments in NSC start at ₹1,000 with no upper limit. NSC qualifies for Section 80C tax deductions for resident investors. Premature encashment is allowed under specific circumstances, like the account holder's death or court orders.
DA hike: Minimum pension, variable DA, EPF ceiling increases — Trade union BMS to hold demonstrations on 17 August
Trade union, the Bharatiya Mazdoor Sangh (BMS), said it will hold nationwide demonstrations on 17 August over long-pending workers' issues. Demands include Minimum pension, variable DA, and EPF ceiling increase.