Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every month has become a new normal and tax officers are focusing on dealing with fraudsters who are adopting newer modus operandi to game the system, causing loss to the exchequer. To apprehend black sheep, who operate as syndicates and create fake entities on the basis of forged documents to claim input tax credit (ITC), tax officers have started using data analytics, artifical intelligence and machine learning aiming to curb evasion, which was over Rs 3 lakh crore since inception of GST. It was over Rs 1 lakh crore in 2022-23. Thinktank Global Trade Research Initiative (GTRI) said the most critical pending GST reform is upgradation of GST Network to prevent fake supplies and fraudulent claims of Input Tax Credit (ITC).
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
The high court of Karnataka has upheld the recent ban imposed on the Popular Front of India (PFI) and stated that the Centre has the power under the Unlawful Activities (Prevention) Act, 1967 to ban an organisation with immediate effect.
'I hope that as an association we make the best decision for our business, for our health, for the tournaments, for public.'
The Indo Islamic Cultural Foundation, which has been set up for the construction of the mosque, will build a mosque along with a hospital, library, community kitchen and research institute, on the land.
The 100-km stretch of Mumbai-Ahmedabad highway claimed at least 62 lives.
On when vaccination for children could start as Zydus Cadila's Covid vaccine has been granted emergency use authorisation for those 12-year-old and above, he said children were not being inoculated against COVID-19 on a large scale anywhere in the world though it has been initiated in some countries in a limited manner.
There is no scientific evidence so far to support the need for a booster vaccine dose against COVID-19, ICMR Director General Dr Balram Bhargava said on Monday underlining the completion of second dose for India's adult population is the priority for the government for now.
"Gandhi's disqualification is illegal and the case is also bogus. I am sure that a higher court in Gujarat will do justice to Gandhi," said Raut, whose party is an ally of the Congress in Maharashtra.
Pratinav Anil is able to foresee some agency and assertion on the part of India's Muslims. His hope emanates from the citizenship rights movement of Muslims in 2019-2020, notes Mohammad Sajjad.
CreditSights has dialed back on its language on debt levels at richest Indian Gautam Adani's group but has maintained that the group's leverage is elevated. In a new note published after discussions with the group's management, CreditSights, a Fitch group firm, said it "has discovered calculation errors" in its recent debt report on two Adani Group companies but these did not change its investment recommendations. On August 23, CreditSights stated that the Adani group was "deeply over-leveraged" and may "in the worst-case scenario" spiral into a debt trap and possibly a default.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Noting that the third wave of Covid-19 has ended in India, eminent virologist Dr T Jacob John said he is "fairly confident" that no fourth wave will occur in the country unless an unexpected variant that behaves differently comes up.
'We will bring up students with an imperfect understanding of their own history and a superficial understanding of science.' 'This is not what we should be doing to future generations.'
'Russia has got inherent military strength, they have a very good military equipment manufacturing infrastructure and by and large they are self-sufficient in their production capabilities'
Those who worry that the Adani saga will turn the world off India are not looking at the entire picture, asserts Mihir S Sharma.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The country saw a reduction in the number of swine flu cases due to masks and sanitation practices.
The Swadeshi Jagran Manch (SJM) on Friday opposed a regulatory body's recommendation for environmental release of genetically modified mustard, calling it "dangerous" and urged the Centre to ensure that the crop's seed is not allowed to be planted "now or ever". In a letter to Union Environment Minister Bhupender Yadav, the RSS-affiliated organisation accused the Genetic Engineering Appraisal Committee (GEAC) of functioning in an "irresponsible fashion" and said the claims made in support of genetically modified (GM) mustard were "completely untrue, unsubstantiated and wrongly projected". "Swadeshi Jagran Manch has all along been opposing this dangerous and unneeded GM mustard being brought in through the backdoor as a public sector genetically modified organism (GMO)," organisation co-convenor Ashwani Mahajan said in the letter.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ram Setu is just silly and boring, sighs Deepa Gahlot. Ram Setu Review
Don't be afraid to prioritise your sexual well-being and nurture a positive relationship with sex, suggests Maitri Trivedi.
Nikunj Saraf, Vice President Choice Wealth, answers your Mutual Fund queries.
'I would like to see Kharge include Shashi in the Congress Working Committee.' 'The other alternative is that the Congress will marginalise him.'
Evidence indicates that restoration of functioning of the education system as it was in pre-Covid times, as early as possible appears prudent in the current Indian context, they said.
A tribunal of the Delhi high court has confirmed the extension of a five-year ban imposed on Islamic Research Foundation, set up by fugitive Zakir Naik who is accused of inspiring Muslim youths in India and abroad to commit terror acts.
'If the authorities go about completing this project the way they have proposed, this is going to cause a HUGE environmental impact not only on Malabar Hill but also on the rest of the city.'
'The idea for this film came from Sonakshi and Huma.'
The government on Friday came out with new guidelines to prevent misleading advertisements, including those targeting children and making free claims to woo consumers.
Leaders of the powerful G7 grouping and its five partner countries, including India, have said that they are committed to open public debate and the free flow of information online and offline while guarding the freedom, independence and diversity of civil society actors.
Will a time come when people will look beyond what they see as Modi'S strengths and begin to wonder why they have got poorer or sicker under his rule, asks Vir Sanghvi.
There seems to be a barrage of age-old blunders that people tend to commit in the name of skincare, says dermatologist Dr Batul Patel, director, The Bombay Skin Clinic.
Job recruiters are less likely to select candidates who appear to be too self-involved or opinionated in their social media posts.
"The allegations may be right or maybe wrong. He may say he did not say any such thing... It needs to be looked into," said the judge.
'If a doctor is kind of trying to say that there's an urgency, relatives should definitely get a second opinion.'
Food (ahara) and lifestyle (vihara) have a major impact on the health of your heart.
The government should convert Vodafone Idea's (Vi) debt into equity to avoid a duopoly in the telecom sector, Deutsche Bank Research said in its report on Monday. This, the bank suggested, would be the only viable solution in the backdrop of the Supreme Court dismissing the telecom company's application for recomputation of adjusted gross revenue (AGR) dues.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
In 1993, Rochelle Chhabra joined Streax as an R&D employee. Today, she heads their professional division.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
