Clipped from: https://www.financialexpress.com/money/have-made-donations-heres-how-to-avail-tax-benefits-under-section-80g/2325731/ Donations made to a foreign trust or any political party do not qualify for this deduction, however, contributions towards the PM CARES Fund
Month: September 2021
Sebi asks exchanges to move to T+1 settlement cycle on an optional basis | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-asks-exchanges-to-move-to-t-1-settlement-cycle-on-an-optional-basis-121090701501_1.html A move to a T+1 settlement cycle is expected to benefit domestic investors by increasing market liquidity and trading turnover, while reducing settlement
Lenders rush to invoke personal guarantees of promoters | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/lenders-rush-to-invoke-personal-guarantees-of-promoters-121090701089_1.html Lenders invoke guarantees worth Rs 34,000 cr Illustration: Ajay Mohanty Armed with a favourable Supreme Court judgement, the Indian lenders have started invoking the personal guarantees of
Justice Chandrachud is right to remind intellectuals of their duty. But what of the other institutions of democracy? | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/justice-chandrachud-intellectuals-democracy-7494857/ Merely sounding warning notes is not going to suffice in the current climate — they will have to be accompanied by stronger signals
CBDT allows taxpayers to file settlement application till Sep 30 – BusinessToday
Clipped from: https://www.businesstoday.in/latest/top-story/story/cbdt-allows-taxpayers-to-file-settlement-application-till-sep-30-306142-2021-09-07 While no application for settlement can be filed on or after Feb 1, 2021 as per the amended Finance Act, the government had
Indian exporters allege global shipping companies are forming cartels | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/indian-exporters-allege-global-shipping-companies-are-forming-cartels-121090601484_1.html Ask govt to regulate them, bat for a larger Indian shipping company A major point the exporters are raising as proof of this
Exporters worried about stuck payments as Sri Lanka declares economic emergency – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/exporters-worried-about-stuck-payments-as-sri-lanka-declares-economic-emergency/article36319894.ece?homepage=true Bilateral trade and investment outlook may depend on the extent to which international community can give assistance, say experts Sri Lanka’s economic emergency
Parl panel raises concerns with Sebi over high retail participation | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/parl-panel-raises-concerns-with-sebi-over-high-retail-participation-121090601267_1.html Draws Sebi attention to market functioning, capital influx Illustration: Binay SinhaThe Parliamentary Standing Committee on Finance has drawn the attention of the Securities
DHFL: SC asks NCLAT to wrap up 63 Moons’ appeal against Piramal Group in 2 months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dhfl-sc-asks-nclat-to-wrap-up-63-moons-appeal-against-piramal-group-in-2-months/article36325862.ece?homepage=true Refuses to stay operation of resolution plan in the interim The Supreme Court has directed the National Company Law Appellate Tribunal (NCLAT) to
Govt’s likely belt tightening leaves experts worried – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govts-likely-belt-tighteningleaves-experts-worried/article36326367.ece?homepage=true Lower RE, truncated allocation may leave growth under-fuelled, they fear With Budget-making exercise set to kick off soon, it is likely that central
Start-ups: Does one participate? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/start-ups-does-one-participate-121090601431_1.html The sky-high valuations are worrying, but can investors just ignore these companies? The Indian start-up scene is incredibly vibrant. Every week we hear
Protect Digital India | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/protect-digital-india-121090601456_1.html House panel’s plea to ban VPNs will severely hamper commerce The Parliamentary Standing Committee on Home Affairs has reportedly suggested that India ban
Mastercard: US payments-network firms are under Centre’s compliance scanner. Is Mastercard playing with fire? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/us-payments-network-firms-are-under-centres-compliance-scanner-is-mastercard-playing-with-fire/primearticleshow/85879034.cms SynopsisMastercard is having it rough from the RBI for failing to comply with the regulator’s data-localisation norms. Not many in the industry are
IBC: 47 pc closed cases in liquidation till Jun; many cos saw eco value erosion before insolvency process, says IBBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/ibc-47-pc-closed-cases-in-liquidation-till-jun-many-cos-saw-eco-value-erosion-before-insolvency-process-says-ibbi/articleshow/85986219.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In recent times, there have been concerns raised in certain quarters about the number of companies going into liquidation and steep haircuts taken
Yash Birla wins Round 1 of a Rs 8,400-crore bout with tax department – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/yash-birla-wins-first-round-of-tax-battle/articleshow/85990914.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In one of the first high-profile cases under the new Black Money law, Yashovardhan Birla has won the first round in his tussle
From farms to the kitchen sink | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/from-farms-to-the-kitchen-sink-121090600849_1.html Excess or seasonal labour released from agriculture usually finds its way to construction sites. In the circumstances labour seems to have found employment
Don’t appoint CAs as part-time members of authority, NFRA tells ministry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/dont-appoint-cas-as-part-time-members-of-authority-nfra-tells-ministry/primearticleshow/85986619.cms SynopsisRTI documents show that NFRA pushback was stronger than reported earlier. Appointment of practising CAs not only affects the independence, but also is
Covid treatment bill: They survived Covid, but then came the Rs 1 cr bill: Will these families recover from financial stress? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/they-survived-covid-but-then-came-the-rs-1-cr-bill-will-these-families-recover-from-financial-stress/articleshow/85921092.cms SynopsisFamilies are going to extraordinary lengths to fund treatment of their loved ones, including selling their houses. The question is, will they ever
stocks to invest in: Sensex @ 58,000: 10 value stocks that are worth investing in now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/sensex-58000-10-value-stocks-that-are-worth-investing-in-now/articleshow/85921217.cms SynopsisAfter the growth-led rally, the value segment seems to be catching up now. Experts say these style shifts usually last a few years,
Infosys: Inside Infosys’s income-tax portal mess: vain ambition, flawed DevOps, and hubris of one-day refunds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/inside-infosyss-income-tax-portal-mess-vain-ambition-flawed-devops-and-hubris-of-one-day-refunds/primearticleshow/85928464.cms SynopsisWhen an inherently complex digital project is disrupted by the pandemic, but the client won’t defer deadlines, it can only lead to a
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