https://www.business-standard.com/world-news/a-ticking-time-bomb-says-us-president-joe-biden-on-china-s-economy-123081100966_1.html US President Joe Biden on Thursday called China a “ticking time bomb” because of its economic challenges and said the country was in trouble
Day: August 12, 2023
Section 302 is not murder and Section 420 not cheating: Proposed Code
https://www.business-standard.com/economy/news/section-302-is-not-murder-and-section-420-not-cheating-proposed-code-123081100924_1.html If a Bill that Home Minister Amit Shah introduced in the Lok Sabha on Friday becomes the law of the land, Indian Penal Code
Section 302 is not murder and Section 420 not cheating: Proposed Code
https://www.business-standard.com/economy/news/section-302-is-not-murder-and-section-420-not-cheating-proposed-code-123081100924_1.html If a Bill that Home Minister Amit Shah introduced in the Lok Sabha on Friday becomes the law of the land, Indian Penal Code
It rained Bills this monsoon session of Parliament amid cloud of protests
https://www.business-standard.com/economy/news/bills-flowed-through-this-monsoon-session-but-productivity-stayed-low-123081100858_1.html The monsoon session of Parliament, which concluded Friday, set an unlikely record despite seemingly meandering for the most part because of Opposition protests on
Indian IT to become more attractive after data law: Ashwini Vaishnaw
https://www.business-standard.com/economy/interviews/indian-it-to-become-more-attractive-after-data-bill-ashwini-vaishnaw-123081100886_1.html The Digital Personal Data Protection Bill, 2023, recently cleared the test of parliamentary approval. Ashwini Vaishnaw, the Union minister for communications, electronics and information technology,
GST registration to be mandatory for gaming operators based overseas
https://www.business-standard.com/industry/news/gst-registration-to-be-mandatory-for-offshore-gaming-operators-123081100755_1.html Parliament cleared two vital money Bills on Friday, paving the way for the implementation of a 28 per cent goods and services tax (GST)
Parliament approves bills to amend CGST and IGST Acts
https://www.thehindubusinessline.com/economy/parliament-approves-bills-to-amend-cgst-and-igst-acts-28-gst-to-curb-illegal-activity-through-online-gaming-actionable-claims-through-online-gaming-casinos-horse-racing-under-gst/article67183705.ece Besides implementing 28 per cent uniform Goods & Services Tax (GST) on online gaming, casinos and horse-racing, Government sources said the new law will simultaneously
Amendments in law to bring clarity on 28% GST for online gaming, casinos, horse racing: Experts
https://www.thehindubusinessline.com/economy/amendments-in-law-to-bring-clarity-on-28-gst-for-online-gaming-casinos-horse-racing-experts/article67184010.ece With the passage of the Bill to implement uniform 28 per cent Goods & Services Tax (GST) on full face value of real money
👍👍👍👍👍👍👍Govt alone can’t handle multidimensional poverty
https://www.thehindubusinessline.com/opinion/editorial/govt-alone-cant-handle-multidimensional-poverty/article67168566.ece NITI Aayog put out a report two weeks ago on multidimensional poverty. It has added a whole lot of things to what people need
Rising returns filing is good but tax base is too narrow
https://www.thehindubusinessline.com/opinion/editorial/rising-returns-filing-is-good-but-tax-base-is-too-narrow/article67177062.ece Numbers released recently regarding increase in the number of persons filing income tax returns do not come as a surprise given the focus in
Number of Income Tax payers down 60% since FY20
The fact that the absolute number of Income Tax returns filers is increasing in India is worth cheering. However, a closer look at the data
Factory output growth disappoints, hits a 3-month low of 3.7% in June
https://www.thehindubusinessline.com/economy/factory-output-growth-disappoints-hits-a-3-month-low-of-37-in-june/article67184425.ece excerpts Pulled down by a tepid manufacturing show, the country’s factory output measured by the Index of Industrial Production (IIP) grew at a weaker-than-expected three-month low
7 steps taken by govt to prevent delay in payments, highlights MoS MSME Ministry
https://www.financialexpress.com/industry/sme/msme-dues-7-steps-taken-by-govt-to-prevent-delay-in-payments-highlights-mos-msme-ministry/3207521/ MSME delayed payments: Late clearance of payments to MSMEs by their government buyers including central ministries, departments, public sector units, and others against goods and
How successful is govt’s MSME grievance redressal portal Champions?
https://www.financialexpress.com/industry/sme/how-successful-is-govts-msme-grievance-redressal-portal-champions-check-details/3207558/ The MSME ministry’s single-window grievance redressal portal Champions launched for MSMEs in June 2020 received 68,617 grievances from MSMEs till July 31, of which
What is ICRR, and its impact on liquidity
https://www.thehindubusinessline.com/blexplainer/how-incremental-cash-reserve-ratio-icrr-will-impact-liquidity/article67183500.ece What is ICRR, and its impact on liquidity What is ICRR? Before moving on to incremental cash reserve ratio (ICRR), we need to understand
Amendment in GST Laws. Parliament approves bills to amend CGST and IGST Acts
https://www.thehindubusinessline.com/economy/parliament-approves-bills-to-amend-cgst-and-igst-acts-28-gst-to-curb-illegal-activity-through-online-gaming-actionable-claims-through-online-gaming-casinos-horse-racing-under-gst/article67183705.ece Amendment in GST Laws. Parliament approves bills to amend CGST and IGST Acts
Mediation Bill to reduce cost and supply chain disruptions for MSMEs: Minister of Law & Justice
https://www.thehindubusinessline.com/news/mediation-bill-to-reduce-cost-and-supply-chain-disruptions-for-msmes-minister-of-law-justice/article67183826.ece Addressing the seminar on Reducing the Cost of Litigation for MSMEs organised by the Federation of Indian Micro and Small & Medium Enterprises on Thursday,
aniltikotekar4sme.com 