What your first credit card bill is really telling you: 5 essential checks

Your first credit card bill is more than a payment request. It is a blueprint for how credit works, what mistakes cost money, ...

ITC share price extends losses, falls 5% to hit 52-week low on higher tobacco tax - Should you still buy?

ITC shares dropped over 5% on January 2, reaching a 52-week low of ₹345.35, following a government announcement of a new ...
Tax Guru

GST not leviable on liquidated damages claimed on account of breach of contract

Karnataka High Court held that liquidated damages on account of breach of the contract is not taxable under the provisions of Central Goods and Services Tax Act [CGST Act] in terms of circular no. 178 ...

Brokerages bearish on ITC as excise duty on cigarettes may hit earnings growth, slash target prices by up to 34%

The sharp selloff has wiped off around Rs 72,000 crore from the company’s market capitalization in just two days.
Tax Guru

MEIS claim not to be defeated on account of inadvertent error in shipping bills

Karnataka High Court held that inadvertent error in shipping bills, which are permitted to be corrected under section 149 of the Customs Act, cannot be allowed to defeat substantive claim of exports ...