Clipped from: https://www.thehindubusinessline.com/opinion/dont-discriminate-against-non-residents-on-the-tax-front/article38135519.ece The Income Tax Act, 1961 envisages tax on long term capital gains (LTCG) at a flat 20 per cent (other than those on
Day: January 6, 2022
Preventing pyramids – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-centre-regulating-direct-selling-is-welcome-but-it-should-refrain-from-micromanaging-the-sector/article38134563.ece The Centre regulating direct selling is welcome but it should refrain from micromanaging the sector After seven years on the drawing board (the
More entities can tap into info with Credit Information Companies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/more-entities-can-tap-into-info-with-credit-information-companies/article38133288.ece RBI spells out eligibility criteria More entities will become eligible to tap into information with Credit Information Companies (CICs), going by the eligibility
Xiaomi India evaded ₹653 cr customs duty, says DRI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/xiaomi-india-evaded-653-cr-customs-duty-says-finmin/article38127074.ece DRI raided the firm, initiated an investigation Directorate of Revenue Intelligence (DRI has issued show-cause notices to mobile handset manufacturer Xiaomi Technology India
Finance Ministry frees FPIs from 10-day time rule for reporting about new clients – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/govt-exempts-fpi-from-10-day-time-condition-for-reporting-about-new-client/article38130518.ece?homepage=true The notification to provide a much-needed breather to foreign portfolio investors. The Finance Ministry has exempted Foreign Portfolio Investors (FPI) from providing information