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LIC receives GST demand notice of Rs 663 crore from Chennai tax officials

LIC receives GST demand notice of Rs 663 crore from Chennai tax officials

by AIP Online Bureau | Jan 3, 2024 | Indian News, Life

The demand pertains to wrong availment of Input Tax Credit (ITC) and non-payment on tax on turnover wrongly declared as non-GST supply in GSTR-1 for 2017-18, and 2018-19, it said Mumbai: Life Insurance Corporation of India (LIC) on Wednesday said tax authorities have...
Problems in Red Sea will not impact India’s maritime trade: Shipping secy

Problems in Red Sea will not impact India’s maritime trade: Shipping secy

by AIP Online Bureau | Jan 3, 2024 | Eco/Invest/Demography, Indian News, Risk Management

Asked will the Red sea developments have any impact on India’s maritime trade, Ports, Shipping and Waterways secretary T K Ramachandran said, “no impact”. New Delhi: Ports, Shipping and Waterways secretary T K Ramachandran on Wednesday said the...

Growth in Asia Pacific emerging markets to remain strong in 2024: Fitch

by AIP Online Bureau | Jan 3, 2024 | Eco/Invest/Demography, Indian News

“Economic growth in APAC will generally remain strong in 2024, especially in emerging markets (EMs), supporting sector outlooks across the region. We expect real GDP to expand by, or above, 5 per cent in India, Indonesia, the Philippines and Vietnam, and...
SC stays MoEF’s office memorandum on ex post facto environmental clearance

SC stays MoEF’s office memorandum on ex post facto environmental clearance

by AIP Online Bureau | Jan 3, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation

Senior advocate Gopal Sankaranarayanan, appearing for Vanashakti, submitted that environmental impact assessment mandates prior approval before the commencement of any activity and allowing ex post facto environmental clearance was anathema to the Environment...

India registered 9.3 lakh cancer deaths second highest in Asia Lancet Study

by AIP Online Bureau | Jan 3, 2024 | Data, Health, Policy

Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019...
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