Clipped from: https://economictimes.indiatimes.com/wealth/tax/i-am-58-years-old-and-want-to-invest-in-nps-tier-1-for-tax-reasons-can-i-do-so-at-this-age/articleshow/84169584.cmsSynopsis If the total pension corpus is less than or equal to Rs 5 lakh, you can process a 100% withdrawal, and there is
Day: July 28, 2021
ITR filing: How banks, mutual funds and companies will check if you have filed ITR – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-banks-mutual-funds-and-companies-will-check-if-you-have-filed-itr/articleshow/84057122.cmsSynopsis Deductors of TDS/TCS like banks, mutual fund houses etc can now check if you have filed ITR when your income crosses the TDS
What are income tax benefits available on donations made? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-are-income-tax-benefits-available-on-donations-made/articleshow/84087217.cmsSynopsis Donations made to help people tide over the covid-19 pandemic can help you save income tax as well. Here is a look at
Back to old normal: Pharma industry returns to pre-pandemic growth level | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pharma-market-normalizes-to-pre-pandemic-growth-121072700694_1.html In this first instalment of a five-part series on how some of the defining numbers in key sectors are springing back to the
SME Chatroom: Destruction of goods warrants reversal of input tax credit | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-destruction-of-goods-warrants-reversal-of-input-tax-credit-121072601028_1.html Submit copies of correspondence with the buyer to the bank explaining the reasons for the inward remittance Since you are getting payment against
Decoded: What is prepackaged insolvency resolution & how does process work? | Business Standard News
Clipped from: https://www.business-standard.com/article/specials/decoded-what-is-prepackaged-insolvency-resolution-how-does-process-work-121072701762_1.html The prepackage process for resolution has been popular in Europe and the US over the past decade To be eligible, a company must
A quick look into Sebi’s fresh push to crackdown on insider trading | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-quick-look-into-sebi-s-fresh-push-to-crackdown-on-insider-trading-121072701358_1.html The market regulator recently raised the reward for providing credible information that leads to prosecution from Rs 1 crore to Rs 10 crore
Sebi asks for ultimate beneficial owners’ information in Adani firms | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-asks-for-ultimate-beneficial-owners-information-in-adani-firms-121072800007_1.html The custodians are directed to provide information in 15 days Securities and Exchange Board of India The Securities and Exchange Board of India (Sebi) has
Insolvency pre-packs good for small firms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/insolvency-pre-packs-good-for-small-firms/articleshow/84801682.cmsSynopsis Regulation should be light-touch, however, and pre-packs should cover larger companies. The government’s move to amend the insolvency law to allow pre-packaged insolvency resolution plans
GST e-way bill generation gathers momentum in July – The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-e-way-bill-generation-gathers-momentum-in-july/2298183/ Average daily e-way bill generation was 20.2 lakh in the week ended July 25, compared with 20.4 lakh in preceding week and 19.24
Nearly Rs 49,000 crore lying unclaimed with banks, insurers: Karad – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/nearly-rs-49000-crore-lying-unclaimed-with-banks-insurers-karad/articleshow/84791075.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Giving the details in a written reply, the minister said as per information received from the Reserve Bank of India (RBI), the total