Clipped from: https://www.financialexpress.com/economy/gst-dues-dont-attach-assets-at-the-drop-of-a-hat-sc-to-taxman/2228875/ Justice Chandrachud further asked officers to strike a balance between protecting government revenue and allowing genuine businesses to operate. “In order to make
Month: April 2021
GST dues: Don’t attach assets at the drop of a hat: SC to taxman – The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-dues-dont-attach-assets-at-the-drop-of-a-hat-sc-to-taxman/2228875/ Justice Chandrachud further asked officers to strike a balance between protecting government revenue and allowing genuine businesses to operate. “In order to make
‘Over 80% legacy I-T cases resolved through Faceless Assessment Scheme’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/over-80-legacy-i-t-cases-resolved-through-faceless-assessment-scheme/article34265746.ece As many as 3,130 tax personnel, including 600 IT officers, are involved in implementing the faceless e-assessment scheme – Getty Images/iStockphoto As many
Irdai brings draft rules for general insurers on product design, pricing | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/irdai-brings-draft-rules-for-general-insurers-on-product-design-pricing-121040501078_1.html The regulator has asked all stakeholders to give their views on the draft guidelines before April 26 “The Authority may fix lower than
Can’t use ITR-1 if TDS paid on high cash withdrawal, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/can-t-use-itr-1-if-tds-paid-on-high-cash-withdrawal-say-experts-121040600045_1.html Taxpayers now need to provide quarterly break-up of dividend income earned From AY 2021-22, the taxpayer has to choose between the new and
Glitch-free faceless assessment addressed industry fears: P C Mody | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/glitch-free-faceless-assessment-addressed-industry-fears-p-c-mody-121040701520_1.html Of the 57,985 cases picked for assessment during its pilot last year, orders have been passed in 46,822 cases CBDT Chairman P C
Faceless tax assessment: 60% of allocated cases settled in a year, says CBDT’s Mody – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/faceless-tax-assessment-60-of-allocated-cases-settled-in-a-year-says-cbdts-mody/2228892/ Out of the total 4,12,046 cases assigned to National Faceless Assessment Centre (NFAC) after the faceless appeal scheme was launched in September 2020,
India’s very own Quantitative Easing – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-very-own-quantitative-easing/2228860/ RBI has done well to commit its balance sheet to further monetary policy, but the risk is one worth taking As bond market
In six years, ₹14.96 lakh crore sanctioned under PM Mudra scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/in-six-years-1496-lakh-crore-sanctioned-under-pm-mudra-scheme/article34263064.ece Under the scheme, collateral-free loans up to ₹10 lakh provided for income-generating activities in manufacturing, trading, and agriculture. In the six years since
Vehicle scrappage: Mahindra & Mahindra teams up with MMRPL – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/vehicle-scrappage-mahindra-mahindra-teams-up-with-mmrpl/article34261409.ece To offer customers an end-to-end solution Mahindra & Mahindra on Wednesday said it has signed an MoU with Mahindra MSTC Recycling Private Limited
Tata Steel sales up 15% in Q4 on rise in demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tata-steel-sales-up-15-in-q4-on-rise-in-demand/article34254760.ece Tata Steel has reported that its sales in the March quarter was up 15 per cent at 4.67 million tonne, against 4.03 mt
Decoding RBI’s new digital payments moves and their impact on fintech ecosystem – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/decoding-rbis-new-digital-payments-moves-and-their-impact-on-fintech-ecosystem/articleshow/81950089.cmsSynopsis The central bank governor Shaktikanta Das in his Monetary Policy Committee (MPC) address said that fintech companies such as prepaid instrument issuers (PPIs),
Inside RBI’s new plan to fight Covid’s second charge – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/inside-rbis-new-plan-to-fight-covids-second-charge/articleshow/81945324.cmsSynopsis At today’s policy meet, the RBI held the repo rate, its key lending rate, at 4% and kept the reverse repo rate, the
Policybazaar plans Mumbai IPO filing next month – The Economic Times
lipped from: https://economictimes.indiatimes.com/tech/startups/policybazaar-plans-mumbai-ipo-filing-next-month/articleshow/81952106.cmsSynopsis The Policybazaar IPO, which could value the online insurance startup at over $3.5 billion, would involve new stocks and secondary shares from existing
Short term capital gains: When can I claim deduction on short term capital gains? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/when-can-i-claim-deduction-on-short-term-capital-gains/articleshow/81927861.cmsSynopsis As per the Income Tax Act, deductions allowed against the sale of shares resulting in short term capital gains, are the cost of
Raining unicorns: E-pharmacy sector churns out first unicorn; PharmEasy hits milestone with 350M funding – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/raining-unicorns-e-pharmacy-sector-churns-out-first-unicorn-pharmeasy-hits-milestone-with-350m-funding/2228783/ PharmEasy is the seventh unicorn of 2021 after Infra.Market, Five Star Finance, Meesho, Digit Insurance, Innovaccer, and Cred hit the milestone earlier this
RBI Policy: How the key changes will make digital payment, money transfer easier – The Financial Express
Clipped from: https://www.financialexpress.com/money/rbi-policy-how-the-key-changes-will-make-digital-payment-money-transfer-easier/2228806/ To transfer money through National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS), you may not visit your bank branch or login
Realtors welcome RBI policy; urge apex bank to boost liquidity in housing sector – The Financial Express
Clipped from: https://www.financialexpress.com/money/realtors-welcome-rbi-policy-urge-apex-bank-to-boost-liquidity-in-housing-sector/2228800/ Samantak Das, Chief Economist and Head of Research & REIS, JLL India, said the resurgence of the pandemic and resultant concerns of its
Can’t use ITR-1 if TDS paid on high cash withdrawal, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/can-t-use-itr-1-if-tds-paid-on-high-cash-withdrawal-say-experts-121040600045_1.html Taxpayers now need to provide quarterly break-up of dividend income earned From AY 2021-22, the taxpayer has to choose between the new and
Delhi Night Curfew | Covid-19 curbs: Restaurants, pubs stare at long, gloomy nights–the economic times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/restaurants-pubs-stare-at-long-gloomy-nights/articleshow/81942046.cms Covid-19 curbs: Restaurants, pubs stare at long, gloomy nights Synopsis–Nightclub and bar owners said the night curfew from 10 pm to 5 am
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