Skip to content

Finance, made simple.

LIVE · 45 sources 9 govt trackersLive news, laws, quiz & AI - fresh every 10 min.

Finance Dose

Everything a finance person must know - re-brewed every 10 minutes

AI curated

Live Updates

399 stories
Banking

Standard Chartered Bank names Aditya Deshpande as the new India Head of Private Banking

Standard Chartered Bank has appointed Aditya Deshpande as the Managing Director and India Head for its Private Banking division. He brings extensive industry experience to steer the wealth management and banking operations for high-net-worth clients in the country. This leadership addition strengthens the institution's strategic focus on the growing affluent segment.

Open for the full story →

hrtoday.in11m ago 1 min
Income Tax

Understanding Theta Network infrastructure, decentralized cloud functions, and the current Indian tax framework for digital assets

An analysis of the Theta Network details its core tokens, decentralized EdgeCloud computing, governance systems, staking mechanisms, and custody considerations. The overview also examines how India's current tax rules and Tax Deducted at Source apply to Virtual Digital Assets. Investors must navigate these technological frameworks alongside strict domestic tax compliance obligations.

Open for the full story →

Taxguru19m ago 1 min
Commodities Breaking

Indian equities maintain a bullish near-term outlook following a robust market rally, analysts note

Following a sharp seven-session rally, technical analysts indicate that Indian equities maintain a positive near-term market outlook. Key support and resistance levels are currently guiding upcoming price movements across major indices. However, experts caution that elevated market momentum and recent gains could trigger profit-taking activities among investors.

Open for the full story →

LiveMint Markets30m ago 1 min
GST

Karnataka AAR rules crude cashew nut shell liquid falls under HSN 13021920 with 5 percent tax

The Karnataka Authority for Advance Ruling determined that crude cashew nut shell liquid is properly classifiable under HSN 13021920. Consequently, the product attracts a Goods and Services Tax rate of 5 percent. Businesses dealing in this industrial liquid must apply the correct classification to ensure regulatory compliance.

Open for the full story →

Taxguru33m ago 1 min
GST

Karnataka AAR exempts Yeshasvini Healthcare Scheme membership fees up to ₹1,000 from Goods and Services Tax

The Karnataka Authority for Advance Ruling held that membership fees up to ₹1,000 collected under the Yeshasvini Healthcare Scheme are exempt from Goods and Services Tax. This decision provides clear tax relief for affordable healthcare access programs operating within the state. Scheme administrators and participants can now operate without the burden of indirect taxation on qualifying fees.

Open for the full story →

Taxguru36m ago 1 min
CA Corner

Karnataka AAR rules that an issue already decided under Section 73 bars an advance ruling application

The Karnataka Authority for Advance Ruling dismissed an application on the grounds that the matter had already been decided under Section 73 of the relevant tax statute. The authority cannot entertain advance ruling requests on questions that are already subject to prior departmental adjudication proceedings. Taxpayers must carefully evaluate their ongoing litigation status before seeking clarifications.

Open for the full story →

Taxguru37m ago 1 min
GST

Karnataka AAR rules that interest earned on margin trading facilities is exempt from Goods and Services Tax

The Karnataka Authority for Advance Ruling determined that interest charges collected on margin trading facilities are exempt from Goods and Services Tax. This classification provides clarity for financial intermediaries and brokers offering leveraged trading options to investors. Financial service providers must appropriately segregate interest components to claim the applicable exemption.

Open for the full story →

Taxguru38m ago 1 min
GST

Karnataka AAR rules rooftop solar installations qualify as plant and machinery, allowing input tax credit

The Karnataka Authority for Advance Ruling held that a rooftop solar plant qualifies as plant and machinery under tax regulations. As a result, businesses are legally permitted to claim Input Tax Credit on the procurement and installation of such systems. Companies can thus offset the tax paid on green energy investments against their output liabilities.

Scrips: ITC

Open for the full story →

Taxguru40m ago 1 min
Markets Breaking

Nifty rebounds strongly after US midterm outcomes, aiming at twenty-five thousand resistance zone

Indian equity markets recovered strongly after favorable US midterm election results helped the Nifty index reclaim crucial moving averages. The index now faces a significant resistance zone between 25,000 and 25,200, with broader sector indices displaying mixed momentum.

Open for the full story →

ET Markets41m ago 1 min
GST

Karnataka authority permits input tax credit on joint development agreement services while declining invoice questions

The Karnataka Authority for Advance Ruling has permitted the claim of Goods and Services Tax input tax credit on joint development agreement development services. However, the authority declined to answer a separate query regarding invoicing procedures.

Scrips: ITC

Open for the full story →

Taxguru41m ago 1 min
CA Corner

Karnataka ruling classifies kulfi under heading 2105 as edible ice rather than a dairy item

The Karnataka Authority for Advance Ruling determined that kulfi falls under HSN code 2105 as edible ice rather than being categorized as a dairy product. This classification determines the specific tax rate applicable to the frozen confectionary item.

Open for the full story →

Taxguru46m ago 1 min
GST

Karnataka authority rules that retaining historical liabilities does not invalidate going concern tax exemption

The Karnataka Authority for Advance Ruling held that the retention of past liabilities does not prevent a business transfer from qualifying for the Goods and Services Tax going concern exemption. The decision provides clarity on business restructuring transactions.

Open for the full story →

Taxguru47m ago 1 min

Explore everything

One place for all of finance - tap any card to jump in.