Clipped from: https://www.business-standard.com/article/markets/exchanges-announce-host-of-safeguards-for-investors-in-cos-under-ibc-121070901045_1.html Bourses to tag firms, ask brokers to alert clients who place orders in such stocks; RPs asked to make disclosures after NCLT oral
Day: July 9, 2021
Judges must not behave like emperors, don’t unnecessarily call public officers to court: Supreme Court | Deccan Herald
Clipped from: https://www.deccanherald.com/national/judges-must-not-behave-like-emperors-don-t-unnecessarily-call-public-officers-to-court-supreme-court-1006797.html The bench said the dignity and majesty of the court is not enhanced when an officer is called to court Supreme Court. Credit:
Employees in sensitive positions should go on ‘mandatory’ leave: RBI tells banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/employees-in-sensitive-positions-should-go-on-mandatory-leave-rbi-tells-banks/article35236304.ece?homepage=true ‘No prior intimation’ in the instructions aimed at maintaining an element of surprise The Reserve Bank of India (RBI) has asked banks to
Is the sugar industry finally coming of age? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-the-sugar-industry-finally-coming-of-age/article35218956.ece?homepage=true For self-reliance Sugarcane pricing must be freed up for the sector become globally competitive – GOVARTHAN M For self-reliance Sugarcane pricing must be
Debt resolution plan: Exchanges give firms 30 minutes to inform them of NCLT order – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/bse-nse-initiate-steps-to-deal-with-info-asymmetry-on-cos-undergoing-insolvency-resolution-process/article35230303.ece?homepage=true Move to curb insider trading In a bid to curb speculative trading, stock exchanges have mandated listed companies undergoing insolvency processes to inform
Income Tax searches on Ramky Group reveals huge tax evasion; ₹1,200 crore made up loss – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/income-tax-searches-on-ramky-group-reveals-huge-tax-evasion-1200-crore-made-up-loss/article35232998.ece?homepage=true The documents recovered indicate that the loss was artificially created to set off the respective capital gains Following a search and seizure operation
Multidisciplinary firms a reality after MCA nod – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/multidisciplinary-firms-a-reality-after-mca-nod/article35238002.ece CA firms can rope in cost accountants, company secretaries, actuaries to offer various services Legal decks have been cleared for audit firms to
Tyre exports rebound with 10% growth to cross ₹14 crore in FY21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/tyre-exports-rebound-with-10-growth-to-cross-14-crore-in-fy21/article35212226.ece?homepage=true Industry credits govt’s sector-specific support for tiding over a tough pandemic year In one of the most robust export performances in the auto
It’s been four roller-coaster years of GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/its-been-four-roller-coaster-years-of-gst/article35220304.ece?homepage=true The Goods and Services Tax should be a ‘good and simple tax’, eschewing multiple rates It has been four years since the Goods
Humiliating seizure | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/humiliating-seizure-121070801502_1.html Govt should have settled the Cairn case long ago A French court has frozen 20 properties belonging to the Government of India in
Bankruptcy process needs a re-look | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/bankruptcy-process-needs-a-re-look-121070801514_1.html A mechanism is needed to ensure bank-led resolution- not the NCLT- is the first resort for lenders Bankers are finding out that the National
I-T assessments hit as e-filing portal’s communication with back-end broken | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/i-t-assessments-hit-as-e-filing-portal-s-communication-with-back-end-broken-121070800906_1.html A host of activities have been stalled on the upgraded e-filing portal; banks seek undertaking from customers for overseas payment Representational image Even
Why exclusive emphasis on manufacturing firms in MSME sector is imperative to transform Indian economy – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-why-exclusive-emphasis-on-manufacturing-firms-in-msme-sector-is-imperative-to-transform-indian-economy/2286696/ Ease of Doing Business for MSMEs: Incremental increases in networked, innovative, and internationalized SMEs would play a decisive role in the development transformation
Health Insurance: Here’s all you need to know about Day Care procedures – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/health-insurance-heres-all-you-need-to-know-about-day-care-procedures/2286212/ The procedures that require medical care and are completed within 24 hours are called daycare procedures. As a policyholder, you must thoroughly read
Tax Talk: Do shares come under the ambit of ‘goods’? – The Financial Express
lipped from: https://www.financialexpress.com/money/income-tax/tax-talk-do-shares-come-under-the-ambit-of-goods/2286623/ Clarity from the tax department is needed on TDS implications on transactions in unlisted shares and securities While the Sale of Goods Act,
ET Wealth’s new Legal/Will section tells you all about will, trusts, divorce, inheritance rights and more – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/et-wealths-new-legal/will-section-tells-you-all-about-will-trusts-divorce-inheritance-rights-and-more/articleshow/84166523.cmsSynopsis ET Wealth has launched a new section that will cover a whole gamut of topics related to writing a will, how to make
Short-Term Capital Gains: New goodwill rule seen imposing tax liabilities on firms – The Financial Express
Clipped from: https://www.financialexpress.com/economy/short-term-capital-gains-new-goodwill-rule-seen-imposing-tax-liabilities-on-firms/2286672/ Finance Act, 2021, had amended that ‘goodwill’ will no more be regarded as an “intangible asset” and depreciation would be not be available
Government suspends issuing export benefits under key schemes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/government-suspends-issuing-export-benefits-under-key-schemes/articleshow/84244260.cmsSynopsis The Directorate General of Foreign Trade (DGFT) said that benefits under the Merchandise Exports from India Scheme, Service Export from India Scheme, Rebate
RBI warns banks of LIBOR preparedness – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-warns-banks-of-libor-preparedness/articleshow/84241608.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis In March, the UK’s Financial Conduct Authority (FCA) said that all LIBOR settings would either cease to be provided by administrators or no
Entities like Facebook have to remain accountable, says SC; upholds Delhi Assembly’s right to summon – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/entities-like-facebook-have-to-remain-accountable-says-sc-upholds-delhi-assemblys-right-to-summon/articleshow/84240187.cmsSynopsis Entities like Facebook, which has around 270 million users in India, have to remain accountable to those who entrust them with such power,
aniltikotekar4sme.com 