MSMEs may soon get exemption from mandatory statutory audit; NFRA seeks suggestions on proposed move – The Financial Express

Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-nfra-seeks-suggestions-on-whether-msmes-should-be-exempted-from-mandatory-statutory-audit-to-ease-compliance-burden/2341360/ Ease of Doing Business for MSMEs: NFRA said that the regulations relating to financial reporting and auditing ‘should not impose undue burden and

NCLT gives go ahead for insolvency case against BPSL promoters – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/nclt-gives-go-ahead-of-insolvency-case-against-bpsl-promoters/articleshow/86782808.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a hearing on Tuesday the Delhi NCLT granted interim moratorium and confirmed Reshma Mittal as resolution professional (RP) in a petition filed

Banks will need to think like new digital startups to meet fintech challenge: KV Kamath – The Economic Times

Clipped from: https://economictimes.indiatimes.com/markets/expert-view/banks-will-need-to-think-like-new-digital-startups-to-meet-fintech-challenge-kv-kamath/articleshow/86777577.cmsSECTIONSBanks will need to think like new digital startups to meet fintech challenge: KV KamathLast Updated: Oct 05, 2021, 02:01 PM ISTSynopsis “Incumbent players,

Tipping point: New GST rules to complicate tax on tips, surge fees or extra delivery charges for Swiggy and Zomato–ECONOMIC TIMES

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/tipping-point-new-gst-rules-to-complicate-tax-on-tips-surge-fees-or-extra-delivery-charges-for-swiggy-and-zomato/articleshow/86772002.cmsSynopsis Both the companies in the past one week have also reached out to their tax advisors to seek clarity around this. This would

Jupitice launches digital court to resolve disputes in MSME sector – The Economic Times

Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/jupitice-launches-digital-court-to-resolve-disputes-in-msme-sector/articleshow/86751237.cmsSynopsis The AI-driven platform will resolve disputes that include civil, commercial, personal, consumers under the Private Justice System. NEW DELHI: India digital court, developed by Jupitice Justice

With everyone working from home, companies struggle to curb employees’ moonlighting – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/with-everyone-working-from-home-companies-struggle-to-curb-employees-moonlighting/articleshow/86720645.cms SynopsisThe ongoing pandemic and resultant WFH being implemented as a long-term plan by organisations have led to several instances of employees breaching exclusivity

IT department unearthed huge no of black assets, overseas accounts after recent raids: CBDT – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/india/it-department-unearthed-huge-no-of-black-assets-overseas-accounts-after-recent-raids-cbdt/articleshow/86756306.cmsSynopsis Several incriminating documents, loose sheets, diaries, emails and other digital evidence have been unearthed which indicates ownership of a large number of foreign

Hotels and restaurants set for bookings bonanza in October on back of pent up demand – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hotels-and-restaurants-set-for-bookings-bonanza-in-october-on-the-back-of-pent-up-demand/articleshow/86744565.cmsSynopsis ITC Hotels chief executive Anil Chadha said going by the current trend and surge in domestic traffic, bookings are expected to continue into

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