Clipped from: https://www.thehindubusinessline.com/news/national/liaison-office-connecting-india-biz-with-dubai-ho-an-intermediary-under-gst/article34648881.ece The Authorities for Advance Rulings (AAR) continue to give contrary rulings, with the latest one from Maharashtra. This ruling held the liaison office
Day: May 27, 2021
Falling between the cracks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/falling-between-the-cracks/article34651753.ece The pandemic has worsened the plight of India’s urban poor. It is time the Centre turned its policy focus on them Just how
With no cushion like last time, second Covid wave poses challenges for auto lenders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/with-no-cushion-like-last-time-second-covid-wave-poses-challenges-for-auto-lenders/article34651027.ece?homepage=true Borrowers grappling with reduced capacity utilisation, increased operating costs The second Covid-19 wave will have a material impact on automobile lenders’ asset quality
GST Council may correct the inverted duty structure for textiles, footwear industries – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/gst-council-may-correct-the-inverted-duty-structure-for-textiles-footwear-industries/article34652138.ece Leading to higher refunds, affecting govt revenues The GST Council meeting on Friday is expected to take a call on removing the anomaly
PLI timeline for mobile phone manufacturing may begin in FY22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-policy/mobile-pli-timeline-may-begin-in-fy22/articleshow/82984538.cmsSynopsis A change in the timeline will mean manufacturers need to post incremental production worth Rs 4,000 crore in this fiscal year, instead of
DHFL: RBI was never in favour of Wadhawan’s settlement offer – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/dhfl-rbi-was-never-in-favour-of-wadhawans-settlement-offer/2259705/ RBI, in its submission at NCLT Mumbai on January 15, 2021, had said, “Affording the applicant (Kapil Wadhawan) even an opportunity of presenting
Demerit Goods: Higher rates likely on pan masala and gutkha to curb tax evasion – The Financial Express
Clipped from: https://www.financialexpress.com/economy/demerit-goods-higher-rates-likely-on-pan-masala-and-gutkha-to-curb-tax-evasion/2259657/ The move is expected to help check massive tax evasion in these sectors. Currently, assorted tobacco items, pan masala and aerated water are
Govt likely to raise allocation for key export scheme – The Financial Express
Clipped from: https://www.financialexpress.com/economy/tax-refund-govt-likely-to-raise-allocation-for-key-export-scheme/2259644/ While the revenue department will take a final call on the hike, sources said the total allocation for FY22 may finally jump to
Message tracing: WhatsApp challenges new IT rules in Delhi High Court – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/message-tracing-whatsapp-challenges-new-it-rules-in-delhi-high-court/2259633/ Against clause which requires it to provide first originator of ‘mischievous messages’ What WhatsApp means to say is that end-to-end encryption was designed
करावे कर-समाधान : विवरणपत्र भरण्यास मुदतवाढ, पण.. | Loksatta
lipped from: https://www.loksatta.com/arthvrutant-news/income-tax-department-extended-the-deadline-filing-return-zws-70-2478629/ फॉर्म १६’ देण्याची मुदत १५ जून २०२१ ही होती. ती आता अनुक्रमे ३० जून आणि १५ जुलै २०२१ अशी करण्यात आलेली आहे; प्रवीण
Don’t let errant promoters make mockery of IBC – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/dont-let-errant-promoters-make-mockery-of-ibc/2259687/ Lenders should not be forced to consider Wadhawan proposal, this would create a moral hazard If that came as a rude shock, the
Storm over social media | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/storm-over-social-media-121052601473_1.html There can’t be arbitrary rules just because privacy right is not absolute WhatsApp, the instant messaging service, has challenged the new social media intermediary rules
Moody Blues — the fickle world of ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/moody-blues-the-fickle-world-of-ratings/article34651915.ece?homepage=true Ratings Boon or bane? – fazon1 Rating agencies have got things horribly wrong in the past. But they still carry a lot of
RBI to the rescue, again – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-centre-cannot-be-grudged-the-large-surplus-transfer-from-the-rbi-but-prudence-is-important/article34651731.ece?homepage=true The Centre cannot be grudged large surplus transfer from the RBI, but prudence is important The transfer of ₹99,122 crore of its surplus