09 Jan, 2025
Nifty’s Current Market Scenario: A Tug of War at 23,500 The Nifty index finds itself at a pivotal juncture, with the 23,500 level emerging as a key battlefield between bulls and bears. This support level, marked by significant put writer activity, is crucial in determining the market’s near-term trajectory. Despite brief breaches, the index has […]
Read More09 Jan, 2025
Introduction The Gujarat High Court’s recent ruling exempting the assignment of leasehold rights in Gujarat Industrial Development Corporation (GIDC) plots from Goods and Services Tax (GST) has created ripples across industries. This decision, which classifies such transactions as non-taxable, could transform the landscape for industrial investment, real estate taxation, and GST policy nationwide. In this […]
Read More08 Jan, 2025
Introduction In a significant regulatory development, the Directorate General of GST Intelligence (DGGI) has been empowered to issue takedown orders against online money gaming apps and websites that evade Goods and Services Tax (GST). This move aligns with India’s efforts to curb tax evasion, ensure compliance, and regulate the burgeoning online gaming industry. Context: The […]
Read More08 Jan, 2025
Introduction: What is the GST Advisory Update? In a landmark move to simplify compliance for taxpayers, the government has introduced a streamlined process for filing GST rectification applications. This change, enacted through Notification No. 22/2024-CT, dated 8th October 2024, aims to reduce errors and enhance transparency in GST filings. Here, we break down the key […]
Read More08 Jan, 2025
Introduction The Gujarat High Court’s recent judgment on the non-applicability of Goods & Services Tax (GST) to the transfer of leasehold rights for land allocated by the Gujarat Industrial Development Corporation (GIDC) marks a pivotal moment for industries involved in such transactions. This decision has provided much-needed clarity on an issue that has burdened businesses […]
Read More08 Jan, 2025
Gaming Companies vs. GST: A Legal Showdown The Issue at Hand India’s online gaming industry, a burgeoning sector valued at billions, is embroiled in a legal battle over retrospective Goods and Services Tax (GST) demands. Following the implementation of a 28% GST rate on online gaming in October 2023, tax authorities have started issuing adjudication […]
Read More08 Jan, 2025
The U.S. dollar recently showcased remarkable resilience, strengthening significantly in the wake of the Federal Reserve’s latest monetary policy decision. While interest rate cuts often weaken a currency, the opposite occurred here due to unique economic and policy dynamics. Let’s explore why the dollar surged and what this means for the global financial landscape. Economic […]
Read More08 Jan, 2025
India’s Economic Growth: Navigating a Four-Year Low India’s economic growth for FY25 is projected at 6.4%, marking the lowest in four years, a sharp contrast to the 8.2% growth recorded in FY24. According to the National Statistics Office (NSO), Real GDP at constant prices is estimated to rise to ₹184.88 lakh crore from ₹173.82 lakh […]
Read More07 Jan, 2025
Zomato’s Market Turmoil: Jefferies Downgrade and Competitive Pressures Zomato, one of India’s leading food delivery and quick commerce giants, is navigating choppy waters following a downgrade by Jefferies. This move has sparked a wide-ranging debate among analysts, investors, and stakeholders about the company’s growth prospects in a highly competitive market. What Triggered the Downgrade? Jefferies […]
Read More07 Jan, 2025
GIFT Nifty’s Role in Market Dynamics The GIFT Nifty, traded on the NSE International Exchange in GIFT City, Gujarat, is emerging as a crucial barometer for Indian stock market trends. Its transition from SGX Nifty in 2023 signaled India’s push to reclaim offshore financial activity, and its impact on market prediction and investor sentiment continues […]
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