Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-no-gst-on-expenses-incurred-as-pure-agent-121053100884_1.html You need not include the costs and expenses you incur as a ‘pure agent’ in the value of taxable supplies, provided you fulfil
Day: June 3, 2021
Who can get antibody cocktail for Covid-19 and how it works | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/decoded-who-can-get-antibody-cocktail-for-covid-19-and-how-it-works-121060201562_1.html Used to treat only mild to moderate disease in high-risk Covid-19 patients, doctors feel the treatment can bolster the fight against severe disease
10 mn vacant homes may find takers as Cabinet approves Model Tenancy Act | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/10-mn-vacant-homes-may-find-takers-as-cabinet-approves-model-tenancy-act-121060201132_1.html New law makes renting out urban or rural property without a written agreement illegal, seeks to balance the interest of homeowners and tenants
User privacy highest priority: WhatsApp response to govt affidavit in Court | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/user-privacy-highest-priority-whatsapp-response-to-govt-affidavit-in-court-121060301239_1.html Messaging platform says govt is trying to stop privacy policy update, which is a private contract between WhatsApp and its users, without any
Fraud charges: Dubai-based billionaire B R Shetty to drag BoB to court | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/fraud-charges-dubai-based-billionaire-b-r-shetty-to-drag-bob-to-court-121060201664_1.html Shetty is currently in India and trying to return to Dubai to take care of his businesses, but a travel ban issued by
Google search engines not an intermediary under new IT Rules, says co | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/google-search-engines-not-an-intermediary-under-new-it-rules-says-co-121060200631_1.html Files an appeal to set aside part of an order passed by Delhi HC in April that regards the search engine as a
Cabinet secy-led panel wants PLI scheme revamp to boost manufacturing | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cabinet-secy-led-panel-wants-pli-scheme-revamp-to-boost-manufacturing-121060300030_1.html Suggests institutional mechanism, regular hand-holding for firms A high-level committee headed by Union Cabinet Secretary Rajiv Gauba has suggested a revamp of the
Banks, asset managers want RBI to allow sale of fraud loans to ARC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-asset-managers-want-rbi-to-allow-sale-of-fraud-loans-to-arc/articleshow/83176692.cmsSynopsis Stakeholders believe that since there has been negligible recovery in such fraud cases from either the bankruptcy mechanism or the DRT, allowing such
WhatsApp case is about you, the average internet user. So here are a few things you must know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-whatsapp-case-is-about-you-the-average-internet-user-so-here-are-a-few-things-you-must-know/articleshow/83106416.cmsSynopsis For close to 740 million Indian internet subscribers, it is important they understand that neither WhatsApp nor the govt is completely supportive of
IBBI: 79% of ongoing cases unresolved for over 270 days – The Financial Express
Clipped from: https://www.financialexpress.com/industry/ibbi-79-of-ongoing-cases-unresolved-for-over-270-days/2264016/ In January-March quarter, 29 insolvency cases were successfully resolved, with creditors recovering Rs 4,600 crore out of a total claim of Rs 17,389
Expect policy tightening only from September – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/expect-policy-tightening-only-from-september/2263964/ RBI must bat for growth, ensure govt is able to borrow at affordable rate Any change to a neutral stance or any hike
Model tenancy act to strengthen organised rental housing in India – The Financial Express
Clipped from: https://www.financialexpress.com/money/model-tenancy-act-to-strengthen-organised-rental-housing-in-india/2264063/ The development comes at a time when the country faces shortage of proper rental housing facilities, especially for the lower-income groups and migrant
Google challenges new IT rules, says it’s not a social intermediary – The Financial Express
clipped from: https://www.financialexpress.com/industry/google-challenges-new-it-rules-says-its-not-a-social-intermediary/2263933/ Appeals against HC single-judge order asking it to remove morphed pornographic pictures of a woman Salve also argued that Google was not fighting
Monetary policy must remain accommodative – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/monetary-policy-must-remain-accommodative/article34710357.ece As the space for fiscal stimulus is limited, monetary policy needs to play a critical role until the growth outlook improves With the
Levying of IGST on Oxygen concentrators imported for personal use or as a gift to resume – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/levying-of-igst-on-oxygen-concentrators-imported-for-personal-use-or-as-a-gift-to-resume/article34707463.ece The Supreme Court stayed the Delhi High Court decision to quash the May 1 notification that prescribes IGST at 12 per cent on
Ministry notifies amendment in GST law for levying interest on net cash liability – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finance-ministry-notifies-amendment-in-gst-law-for-levying-interest-on-net-cash-liabilty-wef-july-1-2017/article34707667.ece Taxpayers who have already paid interest on gross liability can seek refund The Finance Ministry notified amendment in Central Goods and Services Tax
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