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The Pros and Cons of Online Loans vs. Traditional Bank Loans in the Philippines

September 30, 2024 966 Views 0 comment Print

In today’s fast-paced financial landscape, Filipinos have more borrowing options than ever before. The rise of online lending platforms has revolutionized the way we access credit, challenging the dominance of traditional banks. But which option is right for you?

Income Tax Audit Report Filing Deadline Extended for AY 2024-25

September 29, 2024 74211 Views 0 comment Print

CBDT extends audit report filing deadline to 7th October 2024 for AY 2024-25, considering taxpayers’ challenges. Update applies to selected assessees.

NPS Vatsalya: A Groundbreaking Pension Scheme for Minors

September 20, 2024 1560 Views 0 comment Print

Summary: The National Pension System Vatsalya (NPS Vatsalya) scheme, launched by the Ministry of Finance, aims to foster early savings habits and long-term financial security for minors. Announced in the Union Budget 2024-25, this scheme is managed by the Pension Fund Regulatory Authority of India (PFRDA). Under the scheme, parents can contribute a minimum of ₹1,000 […]

Spanish Newspapers Fight Meta in Unfair Competition Case

September 19, 2024 660 Views 0 comment Print

Spanish media sues Meta, alleging unfair competition and GDPR violations, claiming misuse of personal data in digital ads and seeking €600 million in damages.

Doctrine of election: IBC Can Be Invoked After Recovery Certificates by DRT

September 16, 2024 1179 Views 0 comment Print

Supreme Court allows IBC proceedings after DRT recovery certificates. Doctrine of election doesn’t bar creditors from seeking NCLT relief after DRT recovery.

IGST Refund for exporters who initially imported without paying IGST & Cess

September 10, 2024 3180 Views 0 comment Print

Circular No. 233/27/2024 clarifies IGST refund regularization for exporters who initially imported inputs without paying integrated tax and cess.

Clarification on GST Place of Supply for Data Hosting Services

September 10, 2024 7827 Views 0 comment Print

Circular No. 232/26/2024-GST; Dated: September 10, 2024 clarifies place of supply for data hosting services provided by Indian providers to overseas cloud service providers.

Input Tax Credit Clarification for Demo Vehicles – GST Circular

September 10, 2024 10425 Views 0 comment Print

GST Circular 231/25/2024 clarifies input tax credit availability on demo vehicles used by authorized dealers, defining conditions under CGST Act.

GST on advertising services provided to foreign clients

September 10, 2024 8349 Views 0 comment Print

Government clarifies GST implications on advertising services provided by Indian agencies to foreign clients. Understand place of supply and intermediary roles.

Recommendations during 54th meeting of GST Council

September 10, 2024 14706 Views 0 comment Print

Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, and exemptions on services.

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