Clipped from: https://www.thehindubusinessline.com/news/supplier-can-only-seek-advance-ruling-under-gst-rules-maar/article37126122.ece Matter deals with Novartis selling trademarks to USV Entities looking to seek advance ruling for Goods & Services Tax (GST) can take guidance
Month: October 2021
Right of GST refund, probe not interlinked: Karnataka HC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/right-of-gst-refund-probe-not-interlinked-karnataka-hc/article37130262.ece Asks GST Department to consider refund application The right of GST refund would be independent to the process of investigation, ruled the Karnataka
Covid shrinks India’s restaurant industry by half: NRAI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/restaurant-industry-contracts-53-due-to-pandemic-nrai-report/article37164765.ece It was estimated to be worth ₹2,00,762 crore As per the report, in FY21, the restaurant industry declined by 53 per cent and
Fintechs in a happy space – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fintechs-in-a-happy-space/article37179165.ece The market is growing and investments are flowing in India’s fintech firms have taken giant strides in the past half-a-dozen years in transforming
SC bars Bharti Airtel from rectifying return for ₹923-cr GST refund – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sc-bars-bharti-airtel-from-rectifying-return-for-923-cr-gst-refund/article37207928.ece Sets aside Delhi High Court order The Supreme Court on Thursday disallowed Bharti Airtel from seeking ₹923 crore in GST refund by rectifying
No interim relief for petitioners challenging Karnataka’s online gambling law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/no-interim-relief-for-petitions-challenging-karnatakas-online-gambling-law/article37213745.ece The Karnataka Police (Amendment) Compliance Act, 2021, which was notified on October 5, banned all formats of online gaming that involve an entry
Prohibition of UPI payments on crypto exchange WazirX challenged – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/prohibition-of-upi-payments-on-crypto-exchange-wazirx-challenged/article37215895.ece Delhi HC issues notices to SBI, RBI, others on petition seeking directions to revoke decision The Delhi High Court, on Thursday, asked the
No permanent establishment here means no attribution of profit: ITAT – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/no-permanent-establishment-here-means-no-attribution-of-profit-itat/article37178269.ece The appellant argued that assessing officer erred in the assessment which said that appellant has a PE in the form of Star Sports
No discrimination in PVS Memorial Hospital case, says Resolution Professional – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/no-discrimination-in-pvs-memorial-hospital-case-says-resolution-professional/article37238796.ece Resolution Plan challenged in Supreme Court A counter statement in insolvency proceedings of Kochi-based PVS Memorial Hospital does not find any alleged instance
A rout, a reversal and then a recovery: the IRCTC flip-flop decoded – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/railways/a-rout-a-reversal-and-then-a-recovery-the-irctc-flip-flop-decoded/articleshow/87359425.cmsSynopsis Much has been said about the Ministry of Railways’ decision on, first imposing a revenue sharing mechanism w.r.t convenience fee on IRCTC, and
How to learn from setbacks | Business Standard News
Clipped from: https://www.business-standard.com/article/beyond-business/how-to-learn-from-setbacks-121102801833_1.html Readers should pay heed to the chapter in which Mr Erikson spells out the four stages through which one passes when trying to
सहकार गृहनिर्माण संस्थांच्या व्यवस्थापनाची दिशा–Loksatta
Clipped from: https://www.loksatta.com/arthvrutant/book-review-housing-society-reference-diary-2021-zws-70-2635837/ मालकांना सदनिकांचा ताबा देऊन इमारतीच्या व्यवस्थापनाची जबाबदारी ही परस्पर सहकाराने उचलली जावी, अशी या मागील संकल्पना आहे. माणसांच्या मुख्यत: तीन मूलभूत गरजांपैकी महत्त्वाची
No money left in MGNREGA coffers; 21 States in the red – The Hindu
Clipped from: https://www.thehindu.com/news/national/no-money-left-in-mgnrega-coffers-21-states-in-the-red/article37241358.ece?homepage=true States creating artificial demand, says official; workers pushed into ‘forced labour’ by delayed payments, say activists The Centre’s flagship rural employment scheme has
Honouring ‘Your Honour’ | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/right-in-the-middle/honouring-your-honour-1044831.html We feel his presence more than ever. Tears don’t trickle down anymore, there’s only a inexplainable peace he has left behind. Representative Image.
Inflation threat: Govt must step in | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/inflation-threat-govt-must-step-in-1045474.html It is time to suspend central excise taxes and cess on fuel for at least one year Representative Image. Credit: iStock Photo The
Careful on CA convertibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/careful-on-ca-convertibility/2357458/ Big, sudden foreign capital outflows can disrupt markets To be sure, we have come a long way since then; today, domestic residents can
Hawkers, not harassers: Need to be sensitive to the plight of street vendors – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/hawkers-not-harassers-need-to-be-sensitive-to-the-plight-of-street-vendors/2358185/ Given pandemic realities, the points about overcrowding and sanitation are in right earnest but those are problems that can be addressed through reasonable
RBI exempts borrowers with less than Rs 5-crore bank loans from ambit of current accounts circular – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-exempts-borrowers-with-less-than-rs-5-crore-bank-loans-from-ambit-of-current-accounts-circular/2359851/ FE had reported on September 4 that the Indian Banks’ Association (IBA) had requested the RBI to exempt accounts held by the government
Tyre makers set to hike prices again as raw material, fuel costs increase – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/tyre-makers-set-to-hike-prices-again-as-raw-material-fuel-costs-increase/article37238078.ece?homepage=true Operating margins under pressure, say players Tyre manufacturers such as Apollo Tyres and JK Tyre have decided to increase prices due to the
Non-filing of ITR: Madras HC puts onus on taxpayer – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/madras-hc-puts-the-onus-on-tax-payer-to-prove-no-wilful-intention-in-not-filing-itr/article37236042.ece The Court has ruled continuation of prosecution in this matter Accordingly, the Court has ruled continuation of prosecution in this matter. Experts advise
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