lipped from: https://economictimes.indiatimes.com/news/international/business/germany-hails-us-move-on-corporate-tax-as-great-step-forward/articleshow/81932849.cmsSynopsis The optimism comes a day after US Treasury Secretary Janet Yellen said Washington was pushing in the G20 for a global minimum corporate
Month: April 2021
global economy news: Why shortages of a $1 chip sparked crisis in the global economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/why-shortages-of-a-1-chip-sparked-crisis-in-the-global-economy/articleshow/81924485.cmsSynopsis The chip crunch was born out of an understandable miscalculation as the coronavirus pandemic hit last year. When Covid-19 began spreading from China
loans: UltraTech Cement prepays Rs 5,000 cr loan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/ultratech-cement-prepays-rs-5000-cr-loan/articleshow/81763860.cmsSynopsis UltraTech Cement reported a revenue of Rs 40,649.17 crore in 2019-20 and is the largest manufacturer of grey cement, ready mix concrete (RMC)
Split roles of chairperson, MD and CEO before Apr 2022 deadline: Sebi to listed cos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/separation-of-cmd-roles-not-aimed-at-weakening-promoters-position-ajay-tyagi/articleshow/81928566.cmsSynopsis Listed entities were initially required to separate the roles of chairperson and MD/CEO from April 1, 2020 onwards. However, based on industry representations,
Real exchange rate: Why the RER is so important – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/real-exchange-rate-why-the-rer-is-so-important/2228278/ Maintaining a competitive RER is necessary for the economy to achieve its full growth potential The reason why market forces cause the rupee
savings scheme interest rate: Why the economy needs a low interest rate regime – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/why-the-economy-needs-a-low-interest-rate-regime/articleshow/81885104.cms SynopsisFor credit markets to revive again and for lending to expand as needed, we need a low interest rate regime. This cycle will
PayPal partners with FlexiLoans to offer MSMEs collateral-free term loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/paypal-partners-with-flexiloans-to-offer-msmes-collateral-free-term-loans/articleshow/81927362.cms MUMBAI: PayPal entered into a partnership with FlexiLoans to provide freelancers, women entrepreneurs, sole proprietors, and MSME’s with collateral-free business loans. PayPal with FlexiLoans will aim to offer
Mumbai HC says ByteDance must deposit $11 million in tax evasion case
Clipped from: https://www.businesstoday.in/current/economy-politics/mumbai-hc-says-bytedance-must-deposit-11-million-in-tax-evasion-case/story/435892.html An Indian tax intelligence agency in mid-March ordered HSBC and Citibank in Mumbai to freeze accounts of ByteDance India as it probed some
Arbitration clause: Big or small business, why an arbitration clause in your contract can be beneficial – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/big-or-small-business-why-an-arbitration-clause-in-your-contract-can-be-beneficial/articleshow/81908642.cmsSynopsis Arbitration is business and contract agonistic and the benefits of having one in our contracts can be immense. A business contract is the
Insolvency relief period over, govt brings in Ordinance for MSME pre-packs | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/banking-and-finance/insolvency-relief-period-over-govt-brings-in-ordinance-for-msme-pre-packs-7260454/ The move comes soon after the end of a one-year suspension of insolvency initiation under the Insolvency and Bankruptcy Code (IBC) imposed by
Pre-pack is ‘liquidation-remote resolution mechanism’, says IBBI chief – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/pre-pack-is-liquidation-remote-resolution-mechanism-says-ibbi-chief/2228140/ The pre-pack framework for stressed assets under the insolvency law is a “liquidation-remote resolution mechanism” and will also help in avoiding protracted legal
How Much GOLD I Can Hold- Limit under Income Tax?–tax guru
Clipped from: https://taxguru.in/income-tax/gold-hold-limit-income-tax.html How Much GOLD I Can Hold? (Implication under Income Tax Act on holding of Jewellery more than the limit prescribed by the CBDT)
Analysis of Amendments To The Finance Act 2021–tax guru
Clipped from: https://taxguru.in/income-tax/analysis-amendments-finance-act-2021.html INCOME TAX ♦ Income Tax Rates There is no change in the Rates of Income Tax for the AY 2022-23. . ♦ TDS
‘Prosecution can’t be launched until evaded tax is known based on I-T search disclosures’ – The Hindu
Clipped from: https://www.thehindu.com/news/cities/bangalore/prosecution-cant-be-launched-until-evaded-tax-is-known-based-on-i-t-search-disclosures/article34256302.ece There is no presumption under law that every unaccounted transaction would lead to imposition of tax, and therefore, no prosecution can be launched
Mine Stalled Real Estate for Growth–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/mine-stalled-real-estate-for-growth/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The latest figures suggest that growth is stalling
CBIC issues verification regulations for new importers, exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbic-issues-verification-regulations-for-new-importers-exporters/articleshow/81936548.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Commissioner of Customs shall on the basis of the report of verification submitted by the proper officer, and other evidence as deemed
GSt cases–top 20 in the year 2020
Top 20 cases in 2020
Top 20 Judgements of Year 2020 under the Indirect Tax Laws – Taxmann Blog
Clipped from: https://www.taxmann.com/post/blog/4796/top-20-judgements-of-year-2020-under-the-indirect-tax-laws/ Compiled by Taxmann’s Indirect Tax (Research & Development) Team Year 2020 has been nothing less than the roller coaster ride for the economy
MSME Prepack report Oct 2020
Pre-Pack-Comments.pdf
MSME: IBC amendment seeks to provide prepack resolutions for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/ibc-amendment-seeks-to-provide-prepack-resolutions-for-msmes/articleshow/81924148.cmsSynopsis Alternative framework expected to bring about quicker, more cost-effective resolution process. NEW DELHI: The government has amended the Insolvency & Bankruptcy Code to
aniltikotekar4sme.com 