Pankaj Kumar

[Op Eds] New CBIC Circular: Is the Ministry of Finance Taxing a Hypothetical Risk? by Akshita Grover Read Full Article Here- https://lnkd.in/g2wks4_2 #OpEd #CBIC #CentralBoardofIndirectTaxes #CESTAT #CGSTRules #GoodsandServicesTax #HypotheticalRisk #MinistryofFinanceTaxing #NewCBICCircular #scconline #SCC #legalnews #legalknowledge #scctimes #legalblog #legalupdates #lawstudent #legalresearch #legalstudies #surestwaytolegalresearch #bringingyouthebestlegalnews

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Responded to Issue Id: 4836 applying following Ind AS: Ind AS 109 – Financial Instruments No. of Issues in Issue Repository relating to Ind AS 109: 1517 #GAAPAdvisors - Enabling Excellence in Financial Reporting

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CBDT launches campaign for taxpayers to report income from foreign sources# The CBDT has initiated a Compliance and Awareness Drive for the Assessment Year 2024-25 to support taxpayers in accurately filling out Schedule Foreign Assets and disclosing income from foreign sources in their Income Tax Returns. 2. As part of this initiative, informative notifications will be sent via SMS and email to resident taxpayers who have already filed their ITR for AY 2024-25. 3. These notifications are targeted towards individuals identified through data received via bilateral and multilateral agreements, indicating that they may possess foreign accounts or assets, or have earned income from foreign jurisdictions. 4. The aim is to provide a gentle reminder and support for individuals who may have overlooked filling out Schedule Foreign Assets in their filed ITR for AY 2024-25, particularly in instances containing significant foreign assets. 5. The CBDT anticipates that all qualifying taxpayers will seize this chance to meet their tax obligations and play a role in the advancement of the country's economy. 6. This initiative aligns with the government's goal of promoting a culture centered on transparency, accountability, and voluntary adherence to tax regulations. #incometax##foreignassets##foreignsources#residenttaxpayer

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Session 3: Tax Operation Issues In this session, the moderator, Mr. Harvindar Singh, CTIM Council Member led a lively discussion with panel members, Mdm. Nooriah bin Mohd Mainuri, Director, Policy and Operations Monitoring Division, HASiL Tax Operations Department, and Mr. Koo Kian Ming, CTIM Council member. It was heartening that HASiL acknowledged tax agents' feedback on TAeF 2.0 and MyTax and would continue to enhance the systems. #HASiLCTIMTaxForum2024 #taxationmalaysia #ctim #HASiL #taxoperationissues

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Goods and services tax collections peaked in April at ₹2.10 trillion, the first time revenues from the indirect tax crossed the ₹2 trillion mark, on a boost in domestic transactions and imports. Story by: Javaid Naikoo

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Sharing live glimpse from Hong Kong! Exclusive CPA Australia event on setting up your business in the United Arab Emirates (UAE) & Kingdom of Saudi Arabia (KSA). Creation Group Managing Director, Scott Cairns, is sharing invaluable insights & guiding through the complexities of establishing a successful business presence in these thriving Middle Eastern markets. From regulatory frameworks to cultural nuances & market dynamics, gain practical tips for expanding your business from Asia into the Middle East. After the session, network with industry professionals. KEY TOPICS: - Setting up a business in the UAE & KSA: Regulatory frameworks, cultural nuances, & market dynamics - Navigating challenges for a successful business presence - Understanding the local business environment & overcoming operational challenges in these markets #CreationBC #AsiaBusiness #CPAAustraliaEvent #LiveFromHongKong #BusinessTips

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Is a high ARPOB enough to guarantee a strong bottom line? Not necessarily! Many times consumables and other direct expenses eats major pie of ARPOB. Interestingly, note the relation of ARPOB and PAT% of select listed hospitals for FY 24 ACPOB (average contribution per occupied bed day), an indicator developed by #Clinicatalyst helps to work out resource utilization and operational efficiency if you consider along with ARPOB. It considers Contribution per bed day after reducing direct expenses from ARPOB. Would you like to delve deeper into a specific aspect of ACPOB or explore other related metrics? Please DM me . #kpi #hospitalperforamance #performancedriver https://lnkd.in/dN_tvype

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Mergers & Acquisitions: Accounting & Secretarial Aspects I By Md Shafiqul Alam LL.B, FCS, FCMA, FCA 👉 Find the link to the full video here in the first comment! #MergersAndAcquisitions #CorporateStrategy #AccountingTips #BusinessInsights #FinanceLeadership

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IMP Update: GSTN restores Jul'17 and Aug'17 GST return data for you to access. Still, we suggest you back up this data soon before any further notice is given to remove access to it. #GSTNUpdate #Enterprises #GSTUpdate

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Those bought IREDA during its IPO or even post the IPO or added during the fall near 61, we had suggested profit booking near 207 as the near term target. We may see the new range of 112 to 207 this year where new buying again can be done during any fall near 112 while some profits can be booked again near 207. In the long run, Renewable Energy targets can help IREDA reach the benchmark of 15000 Cr around fy_2031 and an AUM of around 2 lakh Cr. This can help IREDA give a multiyear rally along with high and consistent dividend yield. 75% holding is with GOI, 2% is with FPI's and4% is with MF's & Insurance companies combined. Disclaimer : Please do not treat the above as a recommendation. The research report is meant for educational purposes only.

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HCAR: 4QMY24 EPS at Rs9.60 vs LPS of Rs5.77 in 4QMY23; MY24 EPS at 16.34 up 9.0x - Result higher than expectations due to tax reversal. DPS: 4QMY24 Rs6.5/share; MY24 Rs6.5/share - Higher than expectations.

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Raymond Abrea, ACG Chief Tax Advocate and Senior Advisor, recently appeared on BNC's 'Follow the Money' with Raine Musñgi, where he shared valuable insights on estate planning and strategies to tackle unfair tax assessments. Additionally, he explained how the Tax Reform for Acceleration and Inclusion Law (TRAIN) impacts inheritance taxes and provided tips on legally minimizing tax liabilities. Abrea also emphasized the importance of written communication with the Bureau of Internal Revenue to avoid disputes. Watch the full interview on the Bilyonaryo YouTube channel to learn more about effective tax strategies—click on this link: https://lnkd.in/gzC8KP5w Read the full article here: https://lnkd.in/gRw97PT4 #FollowTheMoney #TaxAdvocate  #TaxAssessment #BNC

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