Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-are-income-tax-rates-and-slabs-under-the-new-tax-regime/articleshow/81405066.cmsSynopsis Unlike in the old tax regime where the highest tax rate of 30% is levied on individuals having income starting from Rs 10,00,001,
Month: March 2021
Stay away from crony lending, focus on high quality loans: CEA Subramanian tells financial institutions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cea-kv-subramanian-stresses-on-infra-led-growth-takes-on-crony-lending/articleshow/81406593.cmsSynopsis Observing that Indian banking sector since the early 1990s faced the problem of poor quality lending especially on large loans, Subramanian said, loans
China’s military climbdown in Ladakh leads to LoC ceasefire – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/view-chinas-military-climbdown-in-ladakh-leads-to-loc-ceasefire/articleshow/81398273.cms SynopsisIndia will continue building its border infrastructure, which in bolstering its capacity to resist future Chinese incursions, will be seen as a constant
Automotive Sector News: After surviving pandemic, auto cos look to shed flab – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/after-surviving-pandemic-auto-cos-look-to-shed-flab/articleshow/81398551.cms SynopsisThe recovery since the lockdown has been swift in the passenger vehicle sector, but the market is still far from reaching the peak
Cyber volunteer programme rolled out for ‘cyber hygiene promotion’, Home Ministry – The Hindu
Clipped from: https://www.thehindu.com/news/national/cyber-volunteer-programme-rolled-out-for-cyber-hygiene-promotion-mha/article34029289.ece?homepage=true States to utilise volunteers as per requirement The Ministry of Home Affairs (MHA) informed the Lok Sabha on Tuesday that a “cyber volunteer”
शाळाबाह्य मुले – जटील समस्या –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/ravivar-mata/dr-shrirang-deshpane-article-on-issue-of-out-of-school-children/articleshow/81377639.cms वेगवेगळ्या कारणांनी शिक्षणापासून दूर जाणारे विद्यार्थी ही आपल्या समाजासमोरची जटील समस्या आहे. शाळेत न येणाऱ्या विद्यार्थ्यांबरोबरच शाळेत येऊनही शिक्षणाचा हेतू साध्य न होऊ
Why Japan is holding back as the world rushes toward electric cars – The Economic Times
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
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