Clipped from: https://www.deccanherald.com/business/family-finance/know-your-tax-on-dividends-and-sale-of-shares-1032207.html It is important to note that the benefit of indexation is not available for LTCG on the sale of listed shares Representative image.
Day: September 29, 2021
Dollar stands tall as traders brace for tapering | Deccan Herald
Clipped from: https://www.deccanherald.com/business/economy-business/dollar-stands-tall-as-traders-brace-for-tapering-1035403.html The dollar rose broadly overnight to lift the dollar index to an 11-month high of 93.805 Representative image. Credit: Reuters Photo The dollar
I-T department asks taxmen to accept applications till September 30 for settlement before Interim Board | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/i-t-department-asks-taxmen-to-accept-applications-till-september-30-for-settlement-before-interim-board-1035467.html The 2021-22 Budget, through the Finance Act, amended the provisions of the Income-Tax Act, 1961 Representaive image. Credit: iStock Photo The Income Tax
Raise a toast to our startup champs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/raise-a-toast-to-our-startup-champs/articleshow/86564439.cmsSynopsis This year’s instalment of the ET Startup Awards have announced winners in 9 categories from a shortlist of 45 companies in a whole
Direct tax receipts: So far, pretty good – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/direct-tax-receipts-so-far-pretty-good/articleshow/86590742.cmsSynopsis The Centre’s gross tax revenue, budgeted at Rs 22 lakh crore for 2021-22, is only about 9.9% of GDP, and less than double
Ministerial panels set up to review GST exempt list, identify evasion sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/ministerial-panels-set-up-to-review-gst-exempt-list-identify-evasion-sources/articleshow/86550973.cmsSynopsis The 7-member panel, which would submit a report in two months, would be headed by Karnataka Chief Minister Basavaraj Bommai and include West
bad loans: Govt considers operational changes in IBC following expert panel recommendations – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/govt-considers-operational-changes-in-ibc-following-expert-panel-recommendations/articleshow/85553140.cmsIndia is considering several operational changes in the Insolvency and Bankruptcy Code (IBC), harnessing digital technology to help remove seemingly insurmountable obstacles of distance
ftp: Industry may find $400 billion exports target a struggle with the FTP extended till March 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/industry-may-find-400-billion-exports-target-a-struggle-with-the-ftp-extended-till-march-2022/articleshow/86580048.cmsSynopsis The FTP is a set of guidelines and instructions by DGFT pertaining to the import and export goods of India. Its aim has
Ease of Doing Business: Run a business? There are 26,134 ways you can go to jail – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/run-a-business-there-are-26134-ways-you-can-go-to-jail/articleshow/86602132.cms SynopsisBusinesses, irrespective of their size, have to deal with complex laws, arbitrary compliances and too much discretionary powers of the bureaucracy. As a
dhfl: With resolution of DHFL, Jet in kitty, five-year-old IBBI has a long road ahead that stares it back – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/with-resolution-of-dhfl-jet-in-kitty-five-year-old-ibbi-has-a-long-road-ahead-that-stares-it-back/primearticleshow/86593100.cms SynopsisThe Insolvency and Bankruptcy Board of India or IBBI, the insolvency regulatory body set up as per the Insolvency and Bankruptcy Code, turns
apple child safety feature: Apple’s new child safety feature: The good, bad & ugly side of Apple’s parental control – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/apples-new-child-safety-feature-the-good-bad-ugly-side-of-apples-parental-control/articleshow/86606424.cmsSynopsis Apple announced on August 5, 2021 that it plans to introduce new child safety features in three areas. Apple’s plan to roll out
World Heart Day: 63% fall in health insurance claims for heart disease – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/world-heart-day-63-fall-in-health-insurance-claims-for-heart-disease/articleshow/86604808.cmsSynopsis The drop is sharper for women at 63.8% than men at 62.4%, as per the ICICI Lombard data. However, despite the fall in
upi payments: UPI transaction value doubled to ₹6.06 lakh crore in July – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/upi-transaction-value-doubled-to-6-06-lakh-crore-in-july/articleshow/86594287.cms Ratna BhushanEditor, The Economic TimesSynopsis UPI platforms saw a 109% jump as consumers took to digital payments for daily essentials at local stores
stock market crash: Market’s tantrum is here, but Fed’s taper is not the cause – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/markets-tantrum-is-here-but-feds-taper-is-not-the-cause/articleshow/86605715.cmsSynopsis To the bemusement of several market watchers, when the US Federal Open Market Committee finally alluded to moderating its asset purchases and bringing
Piramal Group | DHFL: Piramal completes acquisition of DHFL for Rs 34,250 crore, biggest resolution in value terms
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/piramal-completes-acquisition-of-dhfl-for-rs-34250-crore-biggest-resolution-in-value-terms/articleshow/86606213.cmsSynopsis Lenders led by State Bank of India (SBI) are set to log recoveries of ?37,400 crore this week, as Piramal Capital and Housing
SEBI tightens norms for related-party transactions – BusinessToday
lipped from: https://www.businesstoday.in/markets/top-story/story/sebi-tightens-norms-for-related-party-transactions-307888-2021-09-28 Move aimed at safeguarding interests of minority shareholders; prior shareholder approval must in certain situations The board of the regulatory body, which met
Highway of the future spoilt for choice – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/highway-of-the-future-spoilt-for-choice/article36719071.ece While pushing electric vehicles, the government is also keeping all other alternative fuel options open The future is electric. That’s the given wisdom
Auditors’ auditor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/nfra-is-a-systemically-important-regulator-it-needs-an-independent-professional-as-its-head/article36719148.ece NFRA is a systemically important regulator. It needs an independent professional as its head The National Financial Reporting Authority (NFRA) will be headless
Include turnover, debt in Ind AS norms: NFRA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/include-turnover-debt-in-ind-as-norms-nfra/article36722180.ece?homepage=true The National Financial Reporting Authority wants the criteria for mandatory applicability of Indian Accounting Standards (Ind AS) changed and expanded to cover aspects
Human capital: Need for State-level approach – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/human-capital-need-for-state-level-approach/article36718968.ece?homepage=true There is need for micro-level studies that can create evidence based policy interventions to improve human development At the height of the Covid-19