Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-filing-by-individuals-who-should-file-and-how-to-file-2/2348463/ An individual is obligated to file an ITR if his gross taxable income during a particular FY exceeds the maximum amount not chargeable
Month: October 2021
Not possible to change the due date of premium payment once the policy becomes active – The Financial Express
lipped from: https://www.financialexpress.com/money/not-possible-to-change-the-due-date-of-premium-payment-once-the-policy-becomes-active/2348624/ Even if the plan has been discontinued by the company, you will receive the designated maturity amount as per the product guidelines. Life
Legal rights of wife if husband passes away without a Will – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/legal-rights-of-wife-if-husband-passes-away-without-a-will/articleshow/83331692.cms SynopsisWomen are typically unaware of their legal rights regarding property, let alone know how to access it. Find out about the legal rights
Legal rights of husband over property of Hindu wife who dies without will – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/legal-rights-of-husband-over-property-of-hindu-wife-who-dies-without-will/articleshow/83804054.cms SynopsisAs per Hindu Succession Act, 1956, there is a scenario where the husband of a Hindu woman who has died intestate will not
When is a daughter legal heir of her parent’s assets and when she is not? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/when-is-a-daughter-legal-heir-of-her-parents-assets-and-when-she-is-not/articleshow/83331562.cms SynopsisThe Supreme Court in its judgement gave equal rights to daughters as sons. Would it mean that under no circumstances can a daughter
Why nominee is not your legal heir – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/why-nominee-is-not-your-legal-heir/articleshow/83331508.cms SynopsisRegrettably, the words ‘nominee’ and ‘heir’ are commonly understood to be synonymous. However, from a legal standpoint the two concepts are entirely different.
India may consider higher GST and fewer rates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/india-may-consider-higher-gst-and-fewer-rates/articleshow/86959054.cmsSynopsis A panel on goods and services tax, headed by Finance Minister Nirmala Sitharaman, will likely meet in December to consider the overhaul from
There is no shortage of reasons for the broken supply chain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/there-is-no-shortage-of-reasons-for-the-broken-supply-chain/articleshow/86956794.cmsSynopsis Transportation, energy and high-quality semiconductor chips all are experiencing big problems at the same time, for reasons which are distinct yet broadly related.
Cartelisation: Competition Commission directs 8 MSMEs to cease, desist from unfair biz practices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cartelisation-competition-commission-directs-8-msmes-to-cease-desist-from-unfair-biz-practices/articleshow/86967897.cmsSynopsis The case, which pertained to the supply of axle bearings to Eastern Railway, was taken up by the regulator on the basis of
Three ways to deal with family members who keep money secrets – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/three-ways-to-deal-with-family-members-who-keep-money-secrets/articleshow/86887721.cmsSynopsis Not involving the family in the personal finances of the household is a problem we so commonly encounter. People admit to the merits
ITR 2 filing: How to file ITR-2 with salary income, capital gains and other incomes for FY 2020-21 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-file-itr-2-with-salary-income-capital-gains-and-other-incomes-for-fy-2020-21/articleshow/86861155.cmsSynopsis Form ITR-2 can be used by the individuals having capital gains, more than one house property, foreign assets etc. in FY 2020-21. Here’s
CBDT exempts certain non-residents, foreign investors from filing ITR FY21 onwards – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbdt-exempts-certain-non-residents-foreign-investors-from-filing-itr-fy21-onwards/articleshow/86969102.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Further, eligible foreign investors (non-residents who operate in accordance with SEBI instructions), who during the financial year, have only transacted in capital asset
Could inflation in developed countries have a spillover effect on India? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/could-inflation-in-developed-countries-have-a-spillover-effect-on-india/articleshow/86947741.cmsSynopsis The best way to keep prices competitive and inflation low in any economy is by ensuring efficient production structures resulting in low cost
GSTN blocks Rs 14,000-crore input tax credits of 66,000 taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gstn-blocks-rs-14000-crore-input-tax-credits-of-66000-taxpayers/articleshow/86965100.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Department has power to block the ITC available in the electronic credit ledger of a taxpayer if tax officer has “reasons to believe”
Make sure you’ve got these tax bases covered before moving to the US – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/make-sure-youve-got-these-tax-bases-covered-before-moving-to-the-us/articleshow/86964770.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Pre-immigration tax planning and estate planning could ameliorate tax liabilities and help optimize your options before you trigger tax obligations. However, it is
IIFL Finance: Need a loan? Just say ‘Hi’ on Whatsapp and get Rs 10 lakh instantly. Here’s how to apply
lipped from: https://economictimes.indiatimes.com/news/how-to/need-a-loan-just-say-hi-on-whatsapp-and-get-rs-10-lakh-instantly-heres-how-to-apply/articleshow/86961211.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis According to IIFL Finance, users can get a loan of up to Rs 10 lakh in few minutes by just saying hi on
RBI issues small finance bank licence to Centrum and BharatPe combine – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/rbi-issues-small-finance-bank-licence-to-centrum-and-bharatpe-combine/articleshow/86968439.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A new bank license has been issued after a gap of nearly 6 years, and we thank the RBI for the confidence shown
Bank FD to fetch negative real interest with elevated inflation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-fd-to-fetch-negative-real-interest-with-elevated-inflation/articleshow/86966860.cmsSynopsis Last week, the RBI said that the Consumer Price Index (CPI)-based inflation is now projected to be at 5.3 per cent for 2021-22
Dream11 suspends operations in Karnataka after police lodges FIR against CEO – BusinessToday
lipped from: https://www.businesstoday.in/latest/corporate/story/dream11-suspends-operations-in-karnataka-after-police-lodges-fir-against-ceo-308968-2021-10-10 The development came a day after the Bengaluru police booked Harsh Jain, the CEO and co-founder, Dream 11, and co-founder Bhavit Seth for
RBI warned Srei group repeatedly, Kanoria says it complied every time | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/rbi-warned-srei-group-repeatedly-kanoria-says-it-complied-every-time-121101000712_1.html Srei was one of the few top NBFCs in constant ‘asset quality review’ focus of RBI, even as the regulator never used that
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