Lok Sabha approves setting up of GST Appellate Tribunal to solve disputes

Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST. Currently, taxpayers are filing writ petitions before high courts in the absence of the appellate tribunal. As per the amendments proposed in the Finance Bill 2023, which was … Read more

Despite bankruptcy, Sam Bankman-Fried is looking for new investors

Sam Bankman-Fried The co-founder and CEO of the crypto exchange FTX is threatened with investigations by the public prosecutor. (Foto: Bloomberg/Getty Images) New York It would be a desperate maneuver: According to US media reports, the founder of the failed cryptocurrency exchange FTX, Sam Bankman-Fried, still believes he can raise enough money to compensate his users. … Read more

Stock index records biggest daily loss in six weeks

The Dax continues to weaken: After a shortened trading week, the leading German index started the weekend with a large daily loss on Friday. Fear of rising interest rates pushed investors onto the defensive on Friday. Given the high Inflation and economic risks, the yield on ten-year Bunds climbed to its highest level in almost … Read more