Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-applicable-on-credit-card-expenses-incurred-by-employees-of-mncs-india-arms-rules-aar/articleshow/82658752.cmsSynopsis As per the details of the case, ICU Medical Inc had provided credit cards to employees of its India subsidiary for incurring business-related
Month: May 2021
Interest for delayed payment on imported goods liable to GST: AAR – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/interest-for-delayed-payment-on-imported-goods-liable-to-gst-aar/articleshow/82659395.cmsSynopsis AAR observed that the holding company had “tolerated the act” of receiving payment after a lapse of a period of 120 days from
CBIC starts special drive to clear pending GST refund claims by month-end – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/finance/cbic-starts-special-drive-to-clear-pending-gst-refund-claims-by-month-end/articleshow/82675495.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In an instruction to all Principal Commissioners of Central Tax formations, the CBIC said there is a need to focus on timely disposal
Tractor sales to be hit as second Covid wave impacting rural areas: Escorts – The Economic Times
Synopsis The company, which has a joint venture with Japan’s Kubota, is looking at around 55 per cent growth in exports in 2021-22 with Europe
Sales of AC, other cooling products again hit by pandemic in peak season; companies now pin hopes on extended summer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/durables/sales-of-ac-other-cooling-products-again-hit-by-pandemic-in-peak-season-companies-now-pin-hopes-on-extended-summer/articleshow/82677786.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Leading players in the segment including Voltas, Daikin, Blue Star, Panasonic and Haier reported almost 75 per cent dip in April sales this
Reimbursement claimed on welfare expenses incurred by multinationals in India outside gamut of tax: ITAT – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/reimbursement-claimed-on-welfare-expenses-incurred-by-multinationals-in-india-outside-gamut-of-tax-itat/articleshow/82680179.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Tax tribunal lays out ground rules for taxing such expenses, should benefit Indian arms amidst Covid pandemic. It said that there should be
Govt may amend DICGC Act in monsoon session to provide timely service to ailing bank depositors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-may-amend-dicgc-act-in-monsoon-session-to-provide-timely-service-to-ailing-banks-depositors/articleshow/82677021.cmsSynopsis Once the Bill becomes the law, it will provide immediate relief to thousands of depositors who had their money parked in stressed lenders
A Windows Laptop or MacBook: Which one is the right click? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/a-windows-laptop-or-macbook-which-one-is-the-right-click/articleshow/82238502.cms Synopsis–Take an informed decision on competing brands based specs, pricing & privacy aspects. Online classes and work-from-home model are not going away any-time
As mortality grips lives more people are now willing to make a will – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/more-people-are-now-willing-to-make-a-will/articleshow/82666532.cms Synopsis–Leading legal firms and lawyers are seeing a sharp rise in consultation on writing/revisiting wills and estate planning. Not only mortality, but business
Staggered lockdowns start to bite battered restaurants – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/staggered-lockdowns-start-to-bite-battered-restaurants/articleshow/82666514.cmsSynopsis Even though take-outs and ordering have been exempted from the restrictions and continue in the bigger metros, there are fears that deliveries alone
Defence against arbitration award enforcement: GoI engages legal team to counter Cairn’s moves – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/goi-engages-legal-team-to-counter-cairns-moves/articleshow/82671781.cmsSynopsis Cairn filed the lawsuit on Friday in the district court for the Southern District of New York seeking to make Air India liable
Oxygen concentrators: A new industry opens up for MSMEs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/oxygen-concentrators-a-new-industry-opens-up-for-msmes/article34566220.ece This image is used here for representational purpose only This image is used here for representational purpose only1/2 This image is used here
How you can claim domiciliary hospitalisation benefit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-you-can-claim-domiciliary-hospitalisation-benefit/article34568467.ece In-built in some health covers Santosh and Sophia logged on to their regular morning Zoom call at work and finding that their other
How to manage your non-bank deposits in Covid times – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-manage-your-non-bank-deposits-in-covid-times/article34568663.ece NBFC deposit transactions have gone digital, making branch visits unnecessary The corporate deposit ecosystem, like many others in our country, previously involved physical
Movers & Shakers: Stocks that will see action this week – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-shakers-stocks-that-will-see-action-this-week/article34568867.ece Asian Paints (₹2,774.5) Breaks out of consolidation path The stock of Asian Paints looked weak since the beginning of 2021, i.e., it has
There’s air in this tyre stock for the long haul – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/theres-air-in-this-tyre-stock-for-the-long-haul/article34569198.ece The price correction in Ceat is a good window for long-term investors with high risk appetite Pressure on margins from rise in raw
Tax Query: How will spouse of NRI be taxed on stock trading gain funded by joint bank account in India? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-how-will-spouse-of-nri-be-taxed-on-stock-trading-gain-funded-by-joint-bank-account-in-india/article34569341.ece I am an NRI and I have an NRE trading account and savings account with one of the private banks of India. I
Covid has exposed holes in handling of personal finances, says a BL Portfolio survey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/covid-has-exposed-holes-in-handling-of-personal-finances-says-a-bl-portfolio-survey/article34567209.ece?homepage=true The pandemic has taught many money management lessons. Here are key takeaways from the survey As the second wave of the pandemic rages
Over 1.3 million blue-collar jobs up for grabs in India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/over-1350-lakh-blue-collar-jobs-are-up-for-grabs-in-india/article34565255.ece?homepage=true The demand for skilled manpower was seen higher in telecom, logistics, apparels and retail, as per the listings on ASEEM portal In what
Unhappy with insurer’s response to your Covid claim? Move the ombudsman | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/unhappy-with-insurer-s-response-to-your-covid-claim-move-the-ombudsman-121051401193_1.html If your complaint has merit, the ombudsman, which is decidedly consumer-centric, could rule in your favour Kimti Lal Khatri, 55, a resident of
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