Clipped from: https://www.thehindubusinessline.com/opinion/pli-helping-big-auto-firms/article34101860.ece Eligibility norms shouldn’t be skewed against small units The lion’s share has gone to the automotive and auto-component industries — ₹57,042 crore over
Month: March 2021
Small units are big growth drivers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/small-units-are-big-growth-drivers/article34101340.ece The govt has taken many steps to support MSMEs. A nudge can propel the sector to contribute a lot more to growth The
Compliance deficit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/compliance-deficit/article34101291.ece The rule book on corporate governance is getting fatter but the compliance is not getting any better With the Securities Exchange Board of
Faceless assessment will upgrade Customs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/faceless-assessment-will-upgrade-customs/article32153015.ece Interface for virutal examination – Getty Images/iStockphoto Interface for virutal examination – Getty Images/iStockphoto× It will do away with rent-seeking and bring in
Compute tax demand for all assessees by Aug 31, dispose of pending appeals: CBDT chief to taxmen – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/compute-tax-demand-for-all-assessees-by-aug-31-dispose-of-pending-appeals-cbdt-chief-to-taxmen/article32252080.ece With tepid collections proving to be a challenge in meeting tax revenue goals, CBDT Chairman P C Mody has set monthly targets for
GST relief: Interest only on net cash liability from July 1, 2017 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-relief-interest-only-on-net-cash-liability-from-july-1-2017/article32666128.ece Will not include cases where show-cause notice was issued for payment on gross basis The Central Board of Indirect Taxes and Custom (CBIC)
CBIC to review performance of lawyers on monthly basis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cbic-to-review-performance-of-lawyers-on-monthly-basis/article32754100.ece To ensure interests of revenue authorities are effectively represented before HCs The Central Board of Indirect Taxes and Customs (CBIC) has decided to
CBIC effects policy shift regarding show cause notice on Customs-related matters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/cbic-effects-policy-shift-regarding-show-cause-notice-on-customs-related-matters/article34099258.ece Only Jurisdictional Commissionerate will issue such notices, not the DRI In a major policy shift, the Central Board of Indirect Taxes and Customs
DCB Bank’s two senior officials settle insider trading case with Sebi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/two-individuals-settle-insider-trading-case-with-sebi-by-paying-rs-1-61-cr/articleshow/81436148.cmsSynopsis Sebi had conducted an investigation in respect of insider trading activities of certain entities in the shares of DCB Bank for the period
Devise gender sensitisation courses for lawyers, judges: Supreme Court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/devise-gender-sensitisation-courses-for-lawyers-judges-supreme-court/articleshow/81574759.cmsSynopsis HC’s order amounted to transforming the alleged molester into a brother by a judicial mandate and had the effect of eroding the offence
DFI bond subscribers to get tax reimbursement from Centre’s Rs 5K cr grant | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dfi-bond-subscribers-to-get-tax-reimbursement-from-centre-s-rs-5k-cr-grant-121031900047_1.html The Cabinet on Tuesday approved the Bill to create the government-promoted DFI The Rs 5,000-crore corpus will also help in defraying hedging costs
Scrappage plan has sops for buying new vehicles, pain for driving old ones | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/scrappage-plan-has-sops-for-buying-new-vehicles-pain-for-driving-old-ones-121031801400_1.html Policy will increase business, employment and reduce pollution, says transport minister Automakers count on the new policy to boost sales that crashed when
Scrapping policy will depend on integrity of fitness centres: R C Bhargava | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/scrapping-policy-will-depend-on-integrity-of-fitness-centres-r-c-bhargava-121032000048_1.html The policy statement for the first time recognises that there is a need to ensure that vehicles are fit for continued use, says
Income Escaping Assessment – A Revamped Law On Reassessment Proceedings – Tax – India–Mondaq.com
Clipped from: https://www.mondaq.com/india/income-tax/1035508/income-escaping-assessment-a-revamped-law-on-reassessment-proceedings As the dust settles and the excitement subsides over Budget 2021 announcements, it is now an opportune time to examine the fine print
How Budget 2021 has reduced taxpayers’ rights – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-budget-2021-has-reduced-taxpayers-rights/2215634/ The decision to abruptly replace two quasi-judicial authorities (the Income-Tax Settlement Commission and the Authority for Advance Rulings) with administrative Boards negatively impacts
Soft-touch regulation for digital lending – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/soft-touch-regulation-for-digital-lending/2215702/ A data protection law could help, as also formally recognising industry efforts to certify genuine platforms Similarly, on the data protection aspect, a
Supreme Court does well to shut out unscrupulous promoters – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/supreme-court-does-well-to-shut-out-unscrupulous-promoters/2215706/ While the IBC rules out such promoters trying to retain control, some tried a comeback via the Companies Act Given how errant promoters
Secured loans may help you tackle tighter credit norms, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/secured-loans-may-help-you-tackle-tighter-credit-norms-say-experts-121031801652_1.html Presence of collateral allows lenders to relax their criteria while sanctioning of these loans “The stress is especially high in personal loans given
GST cut needed to make the scrappage policy work – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-cut-needed-to-make-the-scrappage-policy-work/2216408/ Given the impact on the environment, both the Centre & states must help encourage users to scrap their vehicles Gadkari has said that
New FDI route through NRIs? – The Financial Express
Clipped from: https://www.financialexpress.com/economy/dpiit-note-new-fdi-route-through-nris/2216382/ A senior government official told FE that the new notification is essentially a clarification to make it more explicit and clear any doubt.