Clipped from: https://economictimes.indiatimes.com/news/international/world-news/why-japan-is-holding-back-as-the-world-rushes-toward-electric-cars/articleshow/81413758.cmsSynopsis Japan dominates the global market for the current generation of climate-friendly vehicles — gasoline-electric hybrids — and hopes to leverage its huge investment
Day: March 9, 2021
Tax raids, and not just on Tapsee Pannu, are a bad idea – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/tax-raids-and-not-just-on-tapsee-pannu-are-a-bad-idea/2208659/ In the past, tax raids add just a small fraction to the assessee’s income, and even those cases often fail The Income Tax
Make it easier for women to work – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/make-it-easier-for-women-to-work/2208840/ The decline in India’s female labour force participation rate can be reversed by improving women’s access to higher education and having maternity benefits
SC has highest regard for woman: CJI blames recent controversies on‘misreporting’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/sc-has-highest-regard-for-woman-cji-blames-recent-controversies-onmisreporting/articleshow/81398620.cmsSynopsis CJI said he had never asked anyone to marry and never heard a marital rape case and blamed the media for the controversy.
PLI scheme in mobile yet to take off due to pandemic woes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/pli-scheme-in-mobile-yet-to-take-off-due-to-pandemic-woes/article34003787.ece Similar scheme for telecom equipment face less hurdles, say experts The production linked incentive (PLI) scheme for mobile phone manufacturing is yet to
Ten questions for the MPC to consider – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/ten-questions-for-the-mpc-to-consider/article34020827.ece As Monetary Policy Committee ponders on the inflation band, choice of indicators such as CPI/WPI and headline/core need a relook The RBI appears
Merchandise export receivables can’t be set off against service import dues | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/merchandise-export-receivables-can-t-be-set-off-against-service-import-dues-121030801164_1.html You may remit the amount against the import of services separately and ask the buyer abroad to remit the full payment against your
Regional Authority becomes redundant as DGFT goes online | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/regional-authority-becomes-redundant-as-dgft-goes-online-121030800008_1.html The prescribed processes for adjudication now require the exporter or importer to submit online the documents called for by the jurisdictional authority In
High Courts serve notice on Centre over IGST rebate by exporters | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/high-courts-serve-notice-on-centre-over-igst-rebate-by-exporters-121011901728_1.html Exporters were earlier entitled to import raw material without payment of IGST under the AA licence Exporters were earlier entitled to import raw
Exporters get the shivers from two provisions in Finance Bill 2020 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exporters-get-the-shivers-from-two-provisions-in-finance-bill-2020-121022400844_1.html They are worried that the two proposals would make it difficult to seek refunds under indirect tax laws Exporters are a worried lot
Reconsider disallowing IGST for exports: Commerce department to FinMin | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/reconsider-disallowing-igst-for-exports-commerce-department-to-finmin-121022600070_1.html The move to disallow IGST for exporters is aimed to plug large-scale frauds in the GST system Exporters have said that over time
Gujarat HC admits petition to review its order on IGST benefits | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/gujarat-hc-admits-petition-to-review-its-order-on-igst-benefits-121030801019_1.html Petition was heard by a special bench that had given earlier order. Matter posted for hearing on April 9 The court also upheld
Dipam readies ground for monetisation of assets, seeks list from ministries | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dipam-readies-ground-for-monetisation-of-assets-seeks-list-from-ministries-121030900067_1.html Seeks list of potential assets from ministries, govt departments, PSUs The core assets of PSUs will be identified, and the pipeline will lay
GST e-invoicing mandatory for turnover of Rs 50 cr and above from April 1 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-e-invoicing-mandatory-for-turnover-of-rs-50-cr-and-above-from-april-1-121030801373_1.html The government had earlier planned to extend e-invoicing to all entities from April 1, 2021, but has refrained, taking care of interest of
M S Sahoo explains achievements, evolution, and challenges of the IBC | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/m-s-sahoo-explains-achievements-evolution-and-challenges-of-the-ibc-121030700922_1.html IBC is an option; stakeholders may not use it even if freeze not extended, says M S Sahoo twists and turns. Insolvency and
NCLT can rule only on insolvency of corporate debtors, says Supreme Court | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nclt-can-rule-only-on-insolvency-of-corporate-debtors-says-supreme-court-121030801258_1.html The Supreme Court on Monday held that the NCLT has jurisdiction to adjudicate disputes, which arises solely or relates to the insolvency of
Jet Airways cannot claim historical right on airport slots: Govt to NCLT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/jet-airways-can-t-claim-historical-right-over-slots-aviation-ministry-121030801351_1.html The ministry and the civil aviation regulator have said the government will consider the airline’s request for slots as per existing policy The
PMC Bank suitors face additional capital rider; RBI board meet on March 19 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/pmc-bank-suitors-face-additional-capital-rider-rbi-board-meet-on-march-19-121030900114_1.html Rs 750 cr needed to enable payout of over Rs 5 lakh per depositor Sources close to the PMC Bank transaction said that
Retailers rewrite strategies to woo shoppers – The Financial Express
Clipped from: https://www.financialexpress.com/industry/retailers-rewrite-strategies-to-woo-shoppers/2208774/ Fabindia and Hidesign believe that since the target customers of brands often overlap, it makes sense to offer them the ease of shopping
GST evasion: CBIC asks field offices to exercise maximum caution, prudence in property attachment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-evasion-cbic-asks-field-offices-to-exercise-maximum-caution-prudence-in-property-attachment/articleshow/81386619.cmsSynopsis In the guidelines the CBIC listed out types of cases where provisional attachment can be considered to be resorted to subject to specific
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