Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gujarat-high-court-to-relook-at-gst-on-intermediaries/articleshow/78765013.cmsSynopsis The Gujarat High Court in July had held that supply of services by intermediaries outside India is not an export and that 18%
Month: October 2020
Fiscal Rectitude Can Mean Larger Deficit–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/fiscal-rectitude-can-mean-larger-deficit/ The Reserve Bank of India governor Shaktikanta Das is right to seek a roadmap to fiscal prudence. Persistent high fiscal deficits can cause
ITR filing guide | Income tax return filing: Here’s your step by step guide–Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-return-filing-heres-your-step-by-step-guide/articleshow/69968042.cmsSynopsis Filing your income tax return before the deadline i.e. November 30, 2020, for FY 2019-20 offers certain tax benefits. These benefits include carry
ITR 1 filing online: How to file ITR-1 online | Step by Step guide to file ITR1–economic times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-file-itr-1-online/articleshow/69441344.cmsIt is important that you pick the right form to file your income tax return (ITR). This is because if you use the wrong form then
interest loan waiver scheme: Who is eligible for compound interest waiver during moratorium and how much will be the benefit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/who-is-eligible-for-compound-interest-waiver-during-moratorium-and-how-much-will-be-the-benefit/articleshow/78843816.cmsSynopsis The central government had earlier filed an affidavit in the Supreme Court stating that it would waive interest on interest on loans up
Hazy disclosures, vague reasons: how auditor exits continue to play with investor confidence – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/hazy-disclosures-vague-reasons-how-auditor-exits-continue-to-play-with-investor-confidence/primearticleshow/78858518.cms SynopsisNearly three dozen listed companies have seen auditor resignations this year. One of those cases, the UPL fiasco, highlights how patchy and insufficient
Indians rush to downgrade applications for path to faster green card – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/visa-and-immigration/indians-rush-to-downgrade-applications-for-path-to-faster-green-card/articleshow/78859993.cms Synopsis—The downgrade petition comes with its own risks as preference is given to applicants under higher categories, but many are willing to take
Hitting where it hurts: The Hindu editorial on U.S. B-1 business visa curbs – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/hitting-where-it-hurts-the-hindu-editorial-on-us-b-1-business-visa-curbs/article32932898.ece As the U.S. election nears, work visas have become policy targets for the White House The Trump administration has once again tightened the
MSMEs in a fix over CBDT’s recent circular – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/msmes-in-a-fix-over-cbdts-recent-circular/article32755156.ece The guidelines have been issued with immediate effect In the name of simplifying procedures and removing certain difficulties in the system, the Government
Need cautious approach in further IBC suspension extension beyond December 25: SBI MD – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/need-cautious-approach-in-further-ibc-suspension-extension-beyond-december-25-sbi-md/article32936473.ece IBC suspension beyond December 25 may give an impression that borrowers are fundamentally weak State Bank of India (SBI), the country’s largest commercial
Due date for filing GST annual return for FY19 extended till December 31 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/due-date-for-filing-gst-annual-return-for-fy19-extended-till-december-31/article32936212.ece?homepage=true Goods & Services Tax (GST) assesses will have some relief as the Finance Ministry on Saturday had again extended the date for filing
Beware, the numbers can be deceptive – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/beware-the-numbers-can-be-deceptive/article32931359.ece?homepage=true Many high-frequency economic indicators are looking good, but must sustain beyond the unlock period, too There has been a sudden surge of optimism
GST: Trading of fake invoices unearthed, reveals Rs 52.19-cr fraud in input tax credit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/gst-trading-of-fake-invoices-unearthed-reveals-rs-5219-cr-fraud-in-input-tax-credit/article32940608.ece?homepage=true The Pune zonal unit of the Directorate-General of GST Intelligence (DGGI) has unearthed trading of fake invoices and arrested one person in this
Arbitrator stays Future-RIL deal on Amazon complaint – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/arbitrator-stays-future-ril-deal-on-amazon-complaint/article32940738.ece The former Attorney-General of Singapore, V.K. Rajah, in his order said an interim stay was prudent as the deal was ‘disputed’ The arbitrator
DHFL Committee of Creditors to discuss four offers on Monday – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dhfl-committee-of-creditors-to-discuss-four-offers-on-monday/article32940635.ece?homepage=true This will be the first CoC meeting after the bidding process ended on October 17 The Committee of Creditors (CoC) to the beleaguered
Customs clearance regulations making importers nervous | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/customs-clearance-regulations-making-importers-nervous-120102600045_1.html The government has raised import duties on several items and restricted import of many items subjecting them to import licensing Importers are getting
Maintaining the balance | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/maintaining-the-balance-120102500917_1.html MPC has enhanced the scope of policy debate The first meeting of the reconstituted monetary policy committee (MPC) raised several important issues and enhanced the
Is it curtains for the interest-waiver issue? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/is-it-curtains-for-the-interest-waiver-issue-120102500916_1.html Interest is not being waived and the benefit is extended to all – including those who have not availed of the loan moratorium.
Future-RIL deal: Amazon gets a favourable ruling in arbitration case | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/future-ril-deal-amazon-gets-a-favourable-ruling-in-arbitration-case-120102500854_1.html Future can’t go ahead with its Rs 24,713-crore deal with Reliance till the completion of the arbitration process as the emergency arbitrator ruling
India economy on verge of slow recovery as worst is over: PHDCCI – The Financial Express
Clipped from: https://www.financialexpress.com/economy/india-economy-on-verge-of-slow-recovery-as-worst-is-over-phdcci/2113344/ The chamber, however, stated that unemployment remains a key challenge to be addressed by the government. It said also that efforts should be
