Clipped from: https://taxguru.in/goods-and-service-tax/gst-rental-income-residential-house-property-registered-person.html?utm_source=feedburner&utm_medium=email GST Impact on Rental Income of a Residential House Property has given to a registered person (Under GST) under GST Law w.e.f. 18.07.2022.
Day: July 19, 2022
*The five-day work week might be fading away – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-five-day-work-week-might-be-fading-away/article65655152.ece Instead, an old idea, a four-day work week, could become a reality, shaping the future of staff engagement ‘A four-day work week for
*Cart before the horse: on bail law in India – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/cart-before-the-horse-on-bail-law-in-india/article65654741.ece Police should not arrest first and then fish for a possible offence Police should not arrest first and then fish for a possible
*Unicorn on a bike: how Rapido fought Ola and Uber to win big in small rides – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/unicorn-on-a-bike-how-rapido-fought-ola-and-uber-to-win-big-in-small-rides/primearticleshow/92963964.cms SynopsisThe latest Swiggy-led funding round put Rapido’s valuation around USD830 million. This is impressive for a startup that survived on just USD2 million
*******MSME registrations on govt’s Udyam portal near 1-crore milestone in 2 years | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msme-registrations-on-govts-udyam-portal-near-1-crore-milestone-in-2-years/2597989/ Ease of Doing Business for MSMEs: Aadhaar number-based registration on the Udyam portal is free, paperless, and based on self-declaration. PAN and GST
*****Unseen bias causes loan applications by women entrepreneurs to be delayed or rejected more often’ | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-unseen-bias-causes-loan-applications-by-women-entrepreneurs-to-be-delayed-or-rejected-more-often/2598063/ Credit and Finance for MSMEs: The government needs to increase the funding being directed toward women entrepreneurs. If the loans can be granted
*******Income Tax Return: Which ITR Form to choose? Simply check your sources of income | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-return-which-itr-form-to-choose-simply-check-your-sources-of-income/2597741/?ref=Must_Read While there are many conditions involved in deciding a Form for filing return, the main indicators are however the sources of income. As
*****Growth challenges ahead: Will the current circumstances be a repeat of 2019-20? | The Financial Express
lipped from: https://www.financialexpress.com/opinion/growth-challenges-ahead-will-the-current-circumstances-be-a-repeat-of-2019-20/2598050/ This time around, economic recovery appeared robust and gained momentum in Q4 FY22. A recession in the advanced economies could set back exports
*****Indian handset makers get Rs 20,000 cr tax bill: Industry players call it retrospective tax | The Financial Express
Clipped from: https://www.financialexpress.com/industry/indian-handset-makers-get-rs-20000-cr-tax-bill-industry-players-call-it-retrospective-tax/2598234/ Industry players said the tax has been levied from 2017 onwards and termed it a retrospective tax. Along with the assembly panels come
*****ITR 2021-22: List of transactions needed to furnish your tax return | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/itr-2021-22-list-of-transactions-needed-to-furnish-your-tax-return-122071800288_1.html There are several transactions that one needs to mention mandatorily in the ITR 2021-22 (AY 2022-23). It is necessary to avoid a notice
*At least 24 states/UTs pre-publish draft rules on 4 codes: Labour Min | Business Standard News
Clipped from: https://www.business-standard.com/article/politics/at-least-24-states-uts-pre-publish-draft-rules-on-4-codes-labour-min-122071800704_1.html Labour reforms are progressing as at least 24 states have pre-published draft rules for four labour codes on wages, social security, industrial relations
*****US is exporting inflation, and Federal Reserve hikes will make it worse | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-is-exporting-inflation-and-federal-reserve-hikes-will-make-it-worse-122071801452_1.html With rates in the US rising much faster than in the eurozone and Japan, the dollar is soaring In Europe and elsewhere, energy
*Uber adds safety net: Riders can now share live location updates with cops | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/new-uber-safety-feature-shares-live-location-updates-with-police-122071801163_1.html Riders or drivers will be able to share their live location along with their name and contact details at the swipe of a
*Priority is that buyers should get flats: Supreme Court on Amrapali row | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/priority-that-buyers-should-get-flats-supreme-court-on-amrapali-row-122071801115_1.html The Supreme Court Monday clarified that its priority is that hassled home buyers of Amrapali Group of companies get their homes and thereafter
*******GST changes from Monday may put pressure on retail inflation: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-changes-from-today-to-put-pressure-on-retail-inflation-experts-122071800632_1.html Falling global commodity prices may neutralise the impact, say experts Retail price inflation moderated to 7.01 per cent in June, from 7.04 per
*India’s rising medical devices imports hurt small and medium units | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-rising-medical-devices-imports-hurt-small-and-medium-units-122071801395_1.html China accounts for about one-fifth of FY22 numbers; 41% surge overall The reason Chinese imports rose is that several traders realised that it
*******Single package of cereals, pulses, flour etc. weighing more than 25 kg not to attract GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/single-package-ofcereals-pulses-flour-etc-weighing-more-than-25-kg-not-to-attract-gst/article65653034.ece CBIC issues clarification on GST for pre-packaged commodity in a set of Frequently Asked Questions Central Board of Indirect Taxes & Custom (CBIC)
*India accounts for more than 13% of global start-up layoffs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/india-accounts-for-more-than-13-of-global-start-up-layoffs/article65654197.ece Data for April-July show start-ups downsize, rethink expansion as funds dry up Start-ups have been facing a tough time since the last quarter
*****Independent directors not liable for the acts of the company: Bombay HC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/independent-directors-not-liable-for-the-acts-of-the-company-bombay-hc/article65654246.ece In two different orders, the Court observed that simply because a person is a director of a company does not make him liable
*War effect: India’s pharma exports to Russia down 24% in April–May period – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/war-effect-indias-pharma-exports-to-russia-down-24-in-aprilmay-period/article65653833.ece Russia is the fourth largest pharma export market for India Indian pharma exports to Russia have dropped 24 per cent due to the
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