Clipped from: https://www.thehindu.com/opinion/editorial/when-the-chips-are-down-the-hindu-editorial-on-indias-semiconductor-mission/article37980954.ece The Semiconductor Mission can power the development of the chip and display industry The Union Cabinet’s decision this week to set aside ₹76,000 crore for
Month: December 2021
CCI order concludes Amazon continuously attempted to dodge laws in India: CAIT – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-eodb-cci-order-concludes-amazon-continuously-attempted-to-dodge-laws-in-india-cait/2383625/ Ease of Doing Business for MSMEs: CCI had said that Amazon “suppressed the actual scope and purpose” of the deal. The commission had also imposed
MSME credit: 5 key reasons why NBFCs charge higher interest rates – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-eodb-cci-order-concludes-amazon-continuously-attempted-to-dodge-laws-in-india-cait/2383625/ Ease of Doing Business for MSMEs: CCI had said that Amazon “suppressed the actual scope and purpose” of the deal. The commission had also imposed
Amazon may take legal action against CCI order suspending deal with Future | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amazon-may-take-legal-action-against-cci-order-suspending-deal-with-future-121121900360_1.html Anti-trust regulator has ruled the US company had suppressed information while seeking approval on an investment into Indian retailer two years ago. Smartphone
Listing fee dues cannot be recovered under operational debt: NCLAT | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/listing-fee-dues-cannot-be-recovered-under-operational-debt-nclat-121121900545_1.html Dues on the listing fees against a company are ‘regulatory dues’ in nature and cannot be recovered under ‘operational debt’ through insolvency proceedings,
UP aiming to become semiconductor hub as India expects massive investment | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/up-aiming-to-become-semiconductor-hub-as-india-expects-massive-investment-121121900593_1.html The Yogi Adityanath government has promised to offer a slew of incentives and support to the companies and technology startups for setting up
AIS error correction: How to get errors in Annual Information Statement corrected for ITR filing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-get-errors-in-annual-information-statement-corrected/articleshow/87731142.cmsSynopsis Annual Information Statement (AIS) contains pre-filled information shared by various financial entities such as banks, mutual funds, stockbrokers etc. and your employer (salary
Overall View about AIS (Annual Information Statement)–TAXGURU.IN
Clipped from: https://taxguru.in/income-tax/view-ais-annual-information-statement.html?utm_source=feedburner&utm_medium=email On 1st November, 2021 Income Tax Department has rolled out the new AIS (Annual Information Statement) on Compliance Portal which provides comprehensive view of financial transaction
SC explains onus of Propounder: Removal of Suspicious circumstances about Will execution–TAXGURU.IN
Clipped from: https://taxguru.in/corporate-law/sc-explains-onus-propounder-removal-suspicious-circumstances-will-execution.html?utm_source=feedburner&utm_medium=email Murthy Vs C. Saradambal & Ors. (Supreme Court) This appeal assails the judgment and decree dated 08th December, 2008 passed by the High Court
Know your tax on dividends and sale of shares | Deccan Herald
Clipped from: https://www.deccanherald.com/business/family-finance/know-your-tax-on-dividends-and-sale-of-shares-1032207.html It is important to note that the benefit of indexation is not available for LTCG on the sale of listed shares Representative image.
Inadequate disclosures in income tax returns can have dire consequences | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/inadequate-disclosures-in-income-tax-returns-can-have-dire-consequences-121121400794_1.html In the worst case, the taxpayer could end up paying a heavy penalty and even suffer a jail term The deadline for filing
Too early to celebrate economic recovery in India: Arvind Subramanian | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/too-early-to-celebrate-economic-recovery-in-india-says-arvind-subramanian-121121701295_1.html Stock markets reflect the Indian economy less. It would be a kind of policy mistake to infer from this (stock boom) anything about
I rarely use jargon without telling what it is: KV Subramanian – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/i-rarely-use-jargon-without-telling-what-it-is-kv-subramanian/articleshow/88363444.cms Why govt should expand its sarkari papers beyond printed words Synopsis India’s vast trove of sarkari papers — circulars, surveys, office memoranda and
Mind the disclosures while filing ITR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/mind-the-disclosures-while-filing-itr/article37986132.ece These may not impact ultimate tax liability but are critical from a reporting standpoint As most individual taxpayers approach the income tax return
Food delivery apps should pay GST for supply from both registered, unregistered restaurants – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/food-delivery-apps-should-pay-gst-for-supply-from-both-registered-unregistered-restaurants/article37986947.ece Since GST on restaurant services is levied at 5 per cent but without ITC, same principle will be applicable for ECOs. – M_MOORTHY
All you wanted to know about surrender value – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/all-you-wanted-to-know-about-surrender-value/article37985952.ece This money comes on insurance plan discontinuation Shyam comes across the term, ‘Surrender Value’ in insurance which confuses him. Shyam approaches his neighbor
Tax query: Am I eligible for grandfathering of tax on ESOPs? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-am-i-eligible-for-grandfathering-of-tax-on-esop/article37986168.ece I exercised my option of 4500 equity shares of my employer bank, offered to me under ESOP Scheme, on January 25, 2018 and
An actor with an amazing range – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/books/reviews/memoirs-biographies/an-actor-with-an-amazing-range/article37969847.ece?homepage=true The biography on late Sanjeev Kumar, one of the most versatile actors of Hindi cinema, is a labour of love Versatility was his
Income Tax- No tax relief on LTCG/STCG against property purchase – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-no-tax-relief-on-ltcg-stcg-against-property-purchase/2380285/ Hence, long-term capital gains are taxable at 20% (plus applicable surcharge and cess) or 10% for gains in excess of Rs 1 lakh
Mobikwik to wait for audited figures for April-Dec 2021 before IPO plans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/mobikwik-to-wait-for-audited-figures-for-april-dec-2021-before-ipo-plans/article37984752.ece Co-Founder and COO Upasana Taku says company is on the path to profitability Payments major Mobikwik believes it is on the path to