Clipped from: https://www.thehindubusinessline.com/money-and-banking/116-lakh-crore-msme-advances-restructured-since-2019/article38058087.ece Scheduled Commercial Banks (SCBs) have restructured micro, small and medium enterprise (MSME) advances aggregating to ₹1,16,332 crore since January 1, 2019. The total
Day: December 29, 2021
ITAT reiterates gold jewellery up to 500 grams for married women not to be added in taxable income – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/itat-reiterates-gold-jewellery-up-to-500-grams-for-married-women-not-to-be-added-in-taxable-income/article38050958.ece CBDT set the threshold of gold not to be seized during search & seizure Source of gold jewellery with or without diamond studded
Centre notifies rules for direct selling companies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/centre-notifies-rules-for-direct-selling-companies/article38057397.ece The government said the existing direct selling companies will need to ensure they comply with the Consumer Protection (Direct Selling) Rules, 2021 within
What’s in a club -Whether it renders a taxable service, a point of debate The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/whats-in-a-club/article38057564.ece Whether it renders a taxable service, a point of debate A unique feature of indirect tax laws is that they impact small service
Gig economy is failing its workers – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gig-economy-is-failing-its-workers/2392457/ While the most basic test of an independent contractor arrangement is non-exclusivity of services, aggregators often end up barring the gig workers from
Income tax dept tracks these 46 financial transactions of yours via the Annual Information Statement – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-dept-tracks-these-46-financial-transactions-of-yours-via-the-annual-information-statement/articleshow/88446198.cmsSynopsis The income tax department has launched the Annual Information Statement or also known as AIS. It shows the information the income tax department
There’s no correlation between female empowerment and age of marriage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-theres-no-correlation-between-female-empowerment-and-age-of-marriage/articleshow/88552056.cmsSynopsis Despite the government’s claim of special priority to women, their position keeps deteriorating because the deep social prejudices cannot be changed by a
Income Tax Return: When can you not use Form ITR1 to file income tax return for FY 2020-21?
Clipped from: https://economictimes.indiatimes.com/wealth/tax/when-can-you-not-use-form-itr1-to-file-income-tax-return-for-fy-2020-21/articleshow/88524293.cmsSynopsis Form ITR-1 is used by most individual salaried taxpayers to file their income tax returns. However, there are certain situations where an individual
Public sector banks’ share in credit continues to fall – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/public-sector-banks-share-in-credit-continues-to-fall/articleshow/88555566.cmsSynopsis The share of state-run banks in credit fell for yet another year, continuing a decade-long trend of declines, while top-deck compensation in private
How Personal Data Protection Bill is expected to change the way privacy is perceived and practised – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-how-personal-data-protection-bill-is-expected-to-change-the-way-privacy-is-perceived-and-practised/articleshow/88530207.cmsSynopsis India’s data protection law could come into effect soon as well. The Joint Parliamentary Committee (JPC) report on the Personal Data Protection Bill,
Ecommerce companies to face action for any unfair practice: CCI chief – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/ecommerce-companies-to-face-action-for-any-unfair-practice-cci-chief/articleshow/88513323.cmsSynopsis The CCI had on December 17 withdrawn its nod for Amazon’s deal with Future Group and also imposed a ₹200 crore fine on
When can you not use Form ITR1 to file income tax return for FY 2020-21?
Clipped from: https://economictimes.indiatimes.com/wealth/tax/when-can-you-not-use-form-itr1-to-file-income-tax-return-for-fy-2020-21/articleshow/88524293.cmsSynopsis Form ITR-1 is used by most individual salaried taxpayers to file their income tax returns. However, there are certain situations where an individual
ITR changes in 2021, precautions to take when filing and tax resolutions for 2022 – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-changes-in-2021-precautions-to-take-when-filing-and-tax-resolutions-for-2022/videoshow/88525908.cms We recap tax changes, particularly in context of the ITR filing season and for last-minute tax filers, with the help of Divya Baweja,
Expect more shipping chaos as Omicron forces transport workers to quit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/expect-more-shipping-chaos-as-omicron-forces-transport-workers-to-quit/articleshow/88535500.cmsSynopsis The workers are facing weeks of quarantine combined with the fears of getting sick. This is leading to people refusing to take on
The Essentials of Digital Security – The Economic Times
lipped from: https://economictimes.indiatimes.com/tech/information-tech/the-essentials-of-digital-security/articleshow/88515830.cms?utm_source=top-news&utm_medium=night38&utm_campaign=web-88515830-india&utm_term=slot14 Despite increasing number of cyber-attacks, more than half of the Indian companies are not prepared well enough. India tops the list among the
GST rate hike: GST hike from January 1: How hard will the changes hit textile & handloom industry? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/gst-hike-from-january-1-how-hard-will-the-changes-hit-textile-handloom-industry/articleshow/88536115.cmsSynopsis This tax increase will aid the Centre, which is experiencing a revenue shortage as a result of recent fuel duty cuts, by stabilising
There’s no correlation between female empowerment and age of marriage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-theres-no-correlation-between-female-empowerment-and-age-of-marriage/articleshow/88552056.cmsSynopsis Despite the government’s claim of special priority to women, their position keeps deteriorating because the deep social prejudices cannot be changed by a
annual information statement: Income tax dept tracks these 46 financial transactions of yours via the Annual Information Statement – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-dept-tracks-these-46-financial-transactions-of-yours-via-the-annual-information-statement/articleshow/88446198.cmsSynopsis The income tax department has launched the Annual Information Statement or also known as AIS. It shows the information the income tax department
A question of control – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-question-of-control/2391389/ The Supreme Court may consider the flexibility available to gig workers to determine their working hours, and the involvement of aggregators in fixing
Can the Fed overcome its transitory policy mistake? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/can-the-fed-overcome-its-transitory-policy-mistake/2391377/ The Fed must now publicly detail why it got its inflation call wrong and must taper its monthly asset purchases faster From March
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