Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/it-begs-the-question-begging-is-a-matter-of-survival-not-choice-invisibilising-destitutes-solves-nothing/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Day: July 30, 2021
5 Years of IBC: Acquirers laugh their way to banks, haircuts bleed lenders – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/5-years-of-ibc-acquirers-laugh-their-way-to-banks-haircuts-bleed-lenders-302629-2021-07-28 In 11 insolvency cases that were resolved in the recent past, banks took a massive haircut of more than 90 per cent. The
Green bonds: India’s best bet against climate change – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/green-bonds-indias-best-bet-against-climate-change-302498-2021-07-27 In light of the tumultuous economic and environmental climate that the world is experiencing today, adopting a proactive stance on issues that have
Ask Money Today: How is lottery prize taxed? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/ask-money-today/story/ask-money-today-how-is-lottery-prize-taxed-302528-2021-07-27 The motor car won by you in the draw also falls in the category of lottery. Payer of such income is required to
Expect modest recovery in India due to bruised confidence, uncertainty: Gita Gopinath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/expect-modest-recovery-in-india-due-to-bruised-confidence-uncertainty-gita-gopinath/articleshow/84849883.cmsSECTIONSExpect modest recovery in India due to bruised confidence, uncertainty: Gita GopinathLast Updated: Jul 29, 2021, 01:24 PM ISTSynopsis “The vaccine divide is a
Mastercard, American Express ban: Why RBI should have pursued a more balanced course of action – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/mastercard-american-express-ban-why-rbi-should-have-pursued-a-more-balanced-course-of-action/primearticleshow/84835574.cms SynopsisThe Reserve Bank has recently barred the two payment-system operators from issuing fresh cards for delayed compliance. While the move has best intentions,
GST officials arrest Delhi-based businessman for passing on fake ITC of Rs 128 cr – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/gst-officials-arrest-delhi-based-businessman-for-passing-on-fake-itc-of-rs-128-cr-302344-2021-07-25 The accused had set up six firms with an intention of passing on the fake ITC to multiple beneficiaries, an official of the
IT notices issued in the name of deceased person null and void: Delhi High Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/it-notices-issued-in-the-name-of-deceased-person-null-and-void-delhi-high-court/article35589203.ece Legal heirs are under no statutory obligation to intimate the death of the assessee The Delhi High Court has held that Income-Tax notices
How to deal with Section 148 Notice issued after 31st March 2021?
Clipped from: https://taxguru.in/income-tax/deal-section-148-notice-issued-31st-march-2021.html The Finance Act, 2021 introduced a new set of reassessment proceedings from 1st April 2021.After such substitution, the Old provisions relating to Reassessment, do not survive.
Taxation of Non-Resident Indians–taxguru.in
Clipped from: https://taxguru.in/income-tax/taxation-non-resident-indians.html The Income-tax Act, 1961 provides for special provisions to tax the income from specified assets in the hands of Non-resident Indians. These provisions
NCLAT reserves judgment on Devas Multimedia employees’ appeals – The Financial Express
Clipped from: https://www.financialexpress.com/industry/nclat-reserves-judgment-on-devas-multimedia-employees-appeals/2299812/ On a petition filed by Antrix Corporation, an entity dealing in commercial business of spectrum under the control of the department of space
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