Economic Times Top Stories

• GST Compensation Cess: Experts call for Gradual phase-out, seek long-term tax reforms
• India’s Services PMI recorded at 58.4 in Nov, job creation hits record high
• Will GST Council cut tax on essential goods and raise on luxury goods at its 55th meeting?
• Reports on GST rate changes for goods and services are speculative: CBIC
• ICAI Elections 2024: Veteran chartered accountants call for tech-driven voting, term limits, youth diversity, and canvassing ban
• Govt detects Rs 824 crore GST evasion by crypto firms: MOS Finance
• Adani entities apply for settlement in response to Sebi show cause notice
• NFRA says its SA 600 revisions get backing from CII, ASSOCHAM, corporates including Tata Chemicals, M&M
• India’s manufacturing PMI declines to 56.5 in November
• Centre to revise base year for GDP computation as 2022-23

Economic Times

• ICRA expects sequential revenue growth for India Inc in Q3
• IPO rush keeps FPIs busy in primary market in November, outflow continues in secondary market
• With cost pressures mounting, 91% of Indian firms plan finance budget reductions: EY
• Earnings pressure in Q2FY25 reflects slowing growth across sectors
• Embedded finance to unlock $25 bn revenue opportunity for India’s platforms by 2030
• Banking CEOs confident about growth, focused on Gen AI and sustainability, KPMG survey
• India Inc fares well in Sept quarter, minus oil & gas
• AI agents more effective than GenAI for enterprise productivity: Deloitte Study
• Q2 results: About 44% of companies miss PAT expectations; Urban demand slows across sectors
• Fundraise through commercial papers falls after RBI warning

CA Club India

• Lok Sabha Passes Banking Laws (Amendment) Bill 2024
• IRS Officer Trainees Urged by President Murmu to Enhance Tax Administration
• CBIC Clarifies: Media Reports on GST Rate Changes Are Premature and Speculative
• PM Internship Scheme Pilot Offers 1.25 Lakh Internship Opportunities for FY 2024-25
• MCA Decriminalizes 63 Offences, Centralizes Strike-Off Process via C-PACE
• Union Budget 2025: Key Reforms Expected for Direct Tax Code Implementation
• FM Sitharaman Signals Possible GST Reduction on Life and Health Insurance Premiums
• 75% of GST Revenue Comes from 18% Slab, Reveals MoS Finance
• Central Tax Officials Uncover Rs 824 Crore GST Evasion by Cryptocurrency Exchanges
• Income Tax Practitioners Sentenced to 3 Years in Jail for TDS Refund Fraud

BBC News

• French government collapses in no-confidence vote
• Barnier downfall threatens to set a pattern for what lies ahead
• Chris Mason: Is Starmer speech a ‘plan for change’ or ‘emergency relaunch’?
• Gregg Wallace’s ghostwriter says he sexually harassed her
• NHS gets 12 years to roll out new weight-loss drug
• NYPD hunts gun-wielding assailant who killed UnitedHealthcare CEO outside hotel
• 'Spray foam insulation ruined our house sale'
• 'A hospital worker WhatsApped my mental breakdown'
• Georgia's opposition comes under attack as leader is dragged from HQ
• Russian criminals helped UK drug gangs launder lockdown cash

Yahoo News