Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-tax-relief-on-job-loss-compensation-if-you-have-worked-for-at-least-3-years/2409890/ The Income Tax Act provides for taxation of income from other sources including interest income either on cash or accrual basis at the
Month: January 2022
PayU offers small businesses instant credit access with repayment cycles from 1 week to 1 year – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-payu-offers-small-businesses-instant-credit-access-with-repayment-cycles-from-1-week-to-1-year/2409316/ Credit and Finance for MSMEs: The credit amount ranges from Rs 25,000 to several crores with repayment cycles from 1 week to 1 year.
Modi govt must spend as much as possible to support those at lower end of pyramid – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/modi-govt-must-spend-as-much-as-possible-to-support-those-at-lower-end-of-pyramid/2409912/ Employment-generating schemes must be given some priority, need more taxes on the well-off More taxes on the rich, especially the corporate sector, could
Towards fuller capital convertibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/towards-fuller-capital-convertibility/2409931/ The path to full convertibility will not be linear and India looks set to continue moving gradually The process of capital account convertibility
A boost for ‘less cash’ – The Financial Express
lipped from: https://www.financialexpress.com/opinion/a-boost-for-less-cash/2409911/ Allowing small-value transactions in the offline mode is a leap forward Of course, the pandemic also acted as a catalyst, driving behavior change.
Inflation conundrum – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/inflation-conundrum/article38288505.ece High price rise trends could continue in 2022, compounding the challenge for policy makers While North Block mandarins seek to conjure up policy
india unemployment: India has 53 million unemployed people as of Dec 2021: CMIE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-has-53-million-unemployed-people-as-of-dec-2021-cmie/articleshow/89016043.cmsSynopsis Of these, 35 million are the unemployed who are actively seeking work while 17 million are those who, though willing to work, are
ibc: Income tax cannot raise fresh claims after resolution plan approved under IBC: Bombay High Court – The Economic Times
ibc: Income tax cannot raise fresh claims after resolution plan approved under IBC: Bombay High Court – The Economic Times https://economictimes.indiatimes.com/news/economy/policy/income-tax-cannot-raise-fresh-claims-after-resolution-plan-approved-under-ibc-bombay-high-court/articleshow/89019195.cmsThe tax department had issued
Input tax credit: No input tax credit for 99-year lease: AAAR – The Economic Times
Input tax credit: No input tax credit for 99-year lease: AAAR – The Economic Times https://economictimes.indiatimes.com/news/economy/finance/no-input-tax-credit-for-99-year-lease-aaar/articleshow/89018902.cmsMost companies and hotels pay GST at 18% on lease
reliance capital: Challenges of Reliance Capital insolvency: fragmented debt, inviting bids using subsidiaries’ value – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/challenges-of-reliance-capital-insolvency-fragmented-debt-inviting-bids-using-subsidiaries-value/primearticleshow/89002664.cms SynopsisReliance Capital is the seventh ADAG company facing bankruptcy proceedings. At one point, it was the third-largest financial company in India after HDFC
Budget 2022: Why FM should continue to focus on growth and unleash optimism – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/budget-2022-why-fm-should-continue-to-focus-on-growth-and-unleash-optimism/articleshow/89003511.cmsSynopsis India needs the economy to grow at a sustained rate of 8-9% over a decade, and more to catapult us to a middle-income
Budget 2022: Course correction for the bad bank – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/course-correction-for-the-bad-bank/articleshow/89003559.cmsSynopsis The coming budget should make a course correction – even if it means altering a plan laid down in the last one. The
itr portal glitches: Fix ITR portal glitches or we will extend tax return filing deadline: Gujarat HC to income tax dept – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/fix-itr-portal-glitches-or-we-will-extend-tax-return-filing-deadline-gujarat-hc-to-income-tax-dept/articleshow/89011399.cmsSynopsis The Gujarat HC refused to issue directions on Tuesday, but insisted on assurance from the “highest authority” that in case of difficulty faced
Didn’t file your ITR? Here’s what you can expect next – Consequences of not filing ITR | The Economic Times
Didn’t file your ITR? Here’s what you can expect next – Consequences of not filing ITR | The Economic Times https://economictimes.indiatimes.com/wealth/tax/didnt-file-your-itr-heres-what-you-can-expect-next/consequences-of-not-filing-itr/slideshow/88900395.cms Whereas missing the ITR
Fill this critical gap in India’s healthcare system – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-fill-this-critical-gap-in-indias-healthcare-system/articleshow/89003678.cmsSynopsis India has one nurse for every 670 persons, falling 4.3 million short of the World Health Organisation (WHO)-prescribed number of three nurses for
National e-commerce policy to script arm’s-length rulebook | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/in-the-works-national-e-commerce-policy-to-script-arm-s-length-rulebook-122011800054_1.html To apply to all platforms engaged in buying and selling, including social media The consumer affairs ministry is preparing a revised and perhaps
No need for in-person appearance in Income Tax Advance Ruling hearing, e-mechanism notified – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/no-need-for-in-person-appearance-in-income-tax-advance-ruling-hearing-e-mechanism-notified/article64910485.ece To help non-resident taxpayers in big way The Finance Ministry has come out with ‘e-advance rulings scheme’ for resolving issues related with income
PSBs have lost sight of their raison d’etre – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/psbs-have-lost-sight-of-their-raison-detre/article64910778.ece They are no longer sought after by big borrowers. And, banks are unable to adopt new ways to access small businesses It has
Globalisation: Slowing down or mutating? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/globalisation-slowing-down-or-mutating/article64910221.ece The experience of two decades of hyper-globalisation hasn’t been gratifying. The forces that drove and halted earlier waves of globalisation are now changing
Facts behind hospitalisations due to Omicron – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/facts-behind-hospitalisations-due-to-omicron/article64908492.ece So we have a new covid variant omicron and there’s a huge spike in covid cases in the last few days. But, what
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