Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/lassi-jaisi-koi-nahi-flavoured-milk-is-not-milk-but-flavoured-lassi-is-lassi-says-aar-rulings/articleshow/85918328.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Under the Goods and Services Tax (GST) framework, both milk and lassi are exempt from any tax.But, while flavoured lassi continues to remain
Month: September 2021
Economic impact of a third wave, if any, will be very limited: KV Subramanian – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economic-impact-of-a-third-wave-if-any-will-be-very-limited-kv-subramanian/articleshow/85932929.cmsSynopsis “I expect a double digit growth this fiscal. Considering the high frequency indicators, I anticipate the Q2 numbers will be surprisingly high. And
Flipkart founder Sachin Bansal moves Madras HC challenging ED’s ₹10,600-cr FEMA violation notice – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/flipkart-founder-sachin-bansal-moves-madras-hc-challenging-eds-10600-cr-fema-violation-notice/article36272591.ece?homepage=true Notice violates the petitioner’s fundamental rights guaranteed under the Constitution, says petition Flipkart founder Sachin Bansal on Friday moved the Madras High Court
Will not haul up RBI for declaring loans as NPAs, says Apex Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/will-not-haul-up-rbi-for-declaring-loans-as-npas-says-apex-court/article36279830.ece?homepage=true We are not inclined to exercise our contempt jurisdiction since it is not in the interest of justice: SC Bench “Economy is booming
Portfolio Podcast | What is Bumper to Bumper insurance? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/portfolio-media/podcast-what-is-bumper-to-bumper-insurance/article36288087.ece?homepage=true In this episode of Portfolio podcast, we look at bumper-to-bumper insurance and other add-ons available for vehicle insurance. The recent Madras High Court
How to be an accredited investor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-be-an-accredited-investor/article36292874.ece?homepage=true Any investor meeting certain minimum net worth and income criteria can get certified by notified agencies to earn that moniker Have you ever
McLeod Russel out of IBC after settling with financial creditor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/mcleod-russel-comes-out-of-insolvency-after-settlement-with-tech-electric/article36289049.ece?homepage=true Sources say Khaitans paid off a major part of a ₹100-cr loan from Techno Electric & Engg The Williamson Magor Group firm, McLeod
VPN installations skyrocket over seven times since Dec – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/vpn-installations-skyrocket-over-seven-times-since-dec/article36296392.ece?homepage=true India ranks fourth in Global VPN Adoption Index with remote working on the rise Virtual Private Network (VPN) adoption jumped manifold in India
In big relief, 75-plus need not file IT returns from AY22-23 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/in-big-relief-75-plus-need-not-file-it-returns-from-ay22-23/article36292991.ece?homepage=true The bank will deduct TDS and issue Form 16 to the senior citizen – istock.com/lakshmiprasad S The bank will deduct TDS and issue
IT and IT – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/it-portal-centre-infosys-it-infra-taxpayers-gst-portal-e-governance-govt-projects/article36141630.ece The tax portal glitches highlight deficiencies in the process of awarding e-governance contracts It is most unflattering to see a country that corners
RBI and G-secs market – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/management-of-public-debt-and-regulation-of-the-g-sec-market-should-remain-with-the-rbi-for-now/article36256474.ece RBI Governor Shaktikanta Das wants G-Sec managment to remain firmly in the hands of the central bank – REUTERS RBI Governor Shaktikanta Das
Ease of Doing Business? From incorporation to listing, how regulatory burden is stifling MSME development – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-ease-of-doing-business-from-incorporation-to-listing-how-regulatory-burden-is-stifling-msme-development/2322244/ Ease of Doing Business for MSMEs: While the number of MSMEs has almost doubled since the previous MSME census, the share of micro-units
Sold unlisted shares? Know the tax implications – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/sold-unlisted-shares-know-the-tax-implications/2324027/ As equity shares of a company are considered as capital assets, selling such shares would either result in a capital gain or capital
An uneven uptick: The Hindu Editorial on GST revenue trends – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/an-uneven-uptick-the-hindu-editorial-on-gst-revenue-trends/article36281048.ece?homepage=true GST revenue trends indicate the recovery is neither smooth nor fast With gross revenues of ₹1.12-lakh crore in August, the GST has now yielded
Explained: How Supreme Court judges are appointed | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-how-supreme-court-judges-are-appointed-7487796/ A record 9 judges have taken oath at one go, taking the SC strength to 33, of whom 4 are women. How has
CJI calls it right: Print’s credibility in contrast to social media’s dangers
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/cji-calls-it-right-prints-credibility-in-contrast-to-social-medias-dangers/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
A journey of passion, purpose and grit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/books/a-journey-of-passion-purpose-and-grit/article36166956.ece The book is a fascinating tale of an intrepid entrepreneur and the company he has built The book Harsh Realities lives up to its name,
Madras High Court sets aside order questioning effectiveness of E-Proceeding facility
Clipped from: https://taxguru.in/income-tax/madras-high-court-sets-order-questioning-effectiveness-e-proceeding-facility.html DCIT Vs Salem Sree Ramavilas Chit Company Private Limited (Madras High Court) The Deputy Commissioner of Income Tax (Appellant) has filed the current appeal against Order
Bail denied to Petitioner for receiving bogus tax refunds–taxguru.in
Clipped from: https://taxguru.in/goods-and-service-tax/bail-denied-petitioner-receiving-bogus-tax-refunds.html In Rakesh Arora v. State of Punjab [CRM-M- 1511 OF 2021 dated January 28, 2021], the current bail application has been filed by Rakesh
Back to square one | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/back-to-square-one-121083001259_1.html Banning Chinese apps has proved to be ineffective Over a year after the government started to crack down on Chinese apps for engaging