The draft DPDP rules propose mandatory parental consent for children’s accounts, data localisation requirements, and complex consent management challenges for businesses The draft DPDP rules
Month: January 2025
Relax 20% pre-deposit rule for tax disputes under resolution, say experts – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/relax-20-pre-deposit-rule-for-tax-disputes-under-resolution-say-experts-3721872/?ref=hometop_hp Although, it is not a condition for filing an appeal to the ITAT, however, this pre-deposit is required so that tax recovery proceedings
‘Rate-cut cycle unlikely to begin soon unless liquidity improves’ – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-rate-cut-cycle-unlikely-to-begin-soon-unless-liquidity-improves-3722023/?ref=hometop_hp In the corporate segment, with corporate India currently flush with liquidity, we are well-positioned as the primary banker for many businesses, which ensures
Tax disputes hassle firms – The Hindu BusinessLine
JCIT/CIT (Appeals Tax disputes hassle firms – The Hindu BusinessLine Clipped from: https://www.thehindubusinessline.com/opinion/tax-disputes-hassle-firms/article69124581.ece India Inc seeks quick resolution of pending cases The Finance Minister in her
Trump’s ‘America First Trade Policy’ may lead to tariff threats for India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/trumps-america-first-trade-policy-may-lead-to-tariff-threats-for-india/article69124535.ece If consultations with Trump regime fails and US imposes tariffs, New Delhi must retaliate proportionately, say experts US President Donald Trump’s America First
India, world should be prepared for economic churn – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-india-world-should-be-prepared-for-economic-churn/article69123253.ece Fall in line or agree to fall out with me, has been Trumps’ signature tune. He threatens first and then resorts to diplomacy
Consumption puzzle decoded – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/consumption-puzzle-decoded/article69124629.ece Contrary to popular narrative, the HCES shows lower income consumers splurging while the affluent have cut back Consumption in India, and whether it
Budget 2025: Balancing reforms and fiscal consolidation to revive growth
Clipped from: https://www.business-standard.com/opinion/columns/budget-2025-balancing-reforms-and-fiscal-consolidation-to-revive-growth-125012001569_1.html The two key questions are: What is the diagnosis of the economic slowdown? And what can the Budget do to address it? Listen
Back to a Maga future: Mr Trump’s second coming signals more disruption | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/back-to-a-maga-future-mr-trump-s-second-coming-signals-more-disruption-125012101571_1.html Mr Trump earned the loudest and longest cheer for his intention, backed by an executive order, to declare a national emergency on the
No case for CRR cuts with liquidity deficit driven by transitory factors | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/no-case-for-crr-cuts-with-liquidity-deficit-driven-by-transitory-factors-125012101545_1.html Anticipating the current liquidity deficit, the RBI in its December policy proactively reduced the cash reserve ratio (CRR) of all banks in two
Ex-RBI Guv Raghuram Rajan lauds Modi govt, hopes job market to get boost | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/ex-rbi-guv-raghuram-rajan-lauds-modi-govt-hopes-job-market-to-get-boost-125012100836_1.html The Modi government has done a lot of good work on the infrastructure front but the other key pillar that needs to boost
Trump ends birthright US citizenship: Who it affects & legal impact decoded | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/trump-ends-birthright-us-citizenship-who-it-affects-legal-impact-decoded-125012100224_1.html Trump erroneously said the United States is the only country that offers birthright citizenship. In fact, more than 30 countries do, including Canada,
आवश्यक*******Assessment Ignoring Indexed Cost of Acquisition Set Aside: Karnataka HC
Clipped from: https://taxguru.in/income-tax/assessment-ignoring-indexed-cost-acquisition-set-aside-karnataka-hc.html Devanur Thimmasetty Srinivasa Vs ITO (Karnataka High Court) Assessment order taking entirety of the sale consideration without taking note of the indexed cost
आवश्यक*******No addition for LTCG as property transfer u/s 2(47) required verification of buyer possession and receipt of consideration
Clipped from: https://taxguru.in/income-tax/addition-ltcg-property-transfer-u-s-2-47-required-verification-buyer-possession-receipt-consideration.html Sachin Ramesh Pawar Vs ITO (ITAT Pune) Conclusion: Since assessee’s claims regarding possession and consideration were supported by documents that were not presented before
Private sector must take up the slack in investment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/private-sector-must-take-up-the-slack-in-investment/article69116999.ece On the profit front, India Inc is doing pretty well. The tax rate between corporates and individuals should probably be reversed The Budget
RBI must take more steps to stem liquidity shortage – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbi-must-take-more-steps-to-stem-liquidity-shortage/article69116311.ece The central bank may have to conduct open market operations in the coming months. Also, another CRR cut can be considered Even as
Recasting insolvency resolution – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/recasting-insolvency-resolution/article69115872.ece The Jet Airways case is one example of the many structural infirmities affecting India’s insolvency regime ‘India’s insolvency regime must evolve beyond mere
*Consumer protection: Seller can’t charge for bag carrying its name | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-seller-can-t-charge-for-bag-carrying-its-name-125011900672_1.html The National Commission held that charging a customer for a bag, which prominently displayed the company’s name, logo, or tagline, amounted to advertising
An uncertain world: India needs to improve its economic growth potential
Clipped from: https://www.business-standard.com/opinion/editorial/an-uncertain-world-india-needs-to-improve-its-economic-growth-potential-125011900738_1.html The challenge for policymakers in India is to protect financial stability and find ways to increase growth potential at a time when global