Clipped from: https://economictimes.indiatimes.com/small-biz/gst/summoned-by-gst-authorities-know-your-duties-and-rights/articleshow/86282953.cmsSynopsis Taxpayers need to be conscious while making any statements before the GST officers as these can form the basis for issuing notices or
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
trade finance: Why trade finance is an important form of funding and how recent policy changes can strengthen it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/why-trade-finance-is-an-important-form-of-funding-and-how-recent-policy-changes-can-strengthen-it/articleshow/86313444.cmsSynopsis Trade finance is going to be an important form of resource raising for the foreseeable future – both for big corporates as well
Bank licence door likely to stay shut for large industrial houses | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bank-licence-door-likely-to-stay-shut-for-large-industrial-houses-121091800040_1.html RBI’s final report, expected in 10 days, set to overrule working group’s suggestions The RBI’s final report is expected to have more details
Next steps for GST Council | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/next-steps-for-gst-council-121091601596_1.html It should address issues with a longer-term view The Goods and Services Tax (GST) Council is meeting physically for the first time in 20 months
GST: Your carbonated fruit juice-based drink is all set to get costlier – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-your-carbonated-fruit-juice-based-drink-is-all-set-to-get-costlier/articleshow/86313956.cmsSynopsis The GST Council in its 45th meeting held in Lucknow has given a new dimension to the entire debate on what should be
Can e-RUPI become the game-changer for digital currency adoption in India? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/can-e-rupi-become-the-game-changer-for-digital-currency-adoption-in-india/articleshow/85231288.cms?utm_source=Desktop&utm_medium=HP_ETGreatReads&utm_campaign=DPSynopsis The introduction of e-RUPI will provide a new level to the governance of information technology. It has been met with enthusiasm by cryptocurrency
NV Ramana: Indianisation of our legal system is need of the hour: Chief Justice of India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/indianisation-of-our-legal-system-is-need-of-the-hour-chief-justice-of-india/articleshow/86317176.cmsSynopsis “Very often our justice delivery poses many barriers for the common people. The working and the style of courts do not sit well
Flipkart partners Davinta to offer credit facilities to MSMEs, kiranas – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/flipkart-partners-davinta-to-offer-credit-facilities-to-msmes-kiranas/2333027/ Flipkart Wholesale Senior Vice-President and Head Adarsh Menon said access to affordable and transparent credit is one challenge the company aims to solve.
CA Institute revises time limit for UDIN generation to 60 days from 15 days now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/ca-institute-revises-time-limit-for-udin-generation-to-60-days-from-15-days-now/article36536372.ece Nihar Jambusaria, President, ICAI Nihar Jambusaria, President, ICAI× Besides need to align with auditing standards norms, Covid also part of the reason, says
Need to ‘Indianise’ legal system to suit our society: CJI – The Hindu
Clipped from: https://www.thehindu.com/news/national/need-to-indianise-legal-system-to-suit-our-society-cji/article36532676.ece?homepage=true Rules and procedures of justice delivery should be made simple, says N.V. Ramana Chief Justice of India N.V. Ramana on Saturday said the
How to reduce penal interest payable on tax if ITR filing delayed due to glitches in site – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-reduce-penal-interest-payable-on-tax-if-itr-filing-delayed-due-to-glitches-in-site/articleshow/86312350.cmsSynopsis Penal interest is levied at 1 per cent per month or part thereof starting from August 1, 2021. If the self-assessment tax is
Zomato, Swiggy to pay GST on restaurants’ behalf. Will your online food ordering bill rise? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/zomato-swiggy-to-pay-gst-on-restaurants-behalf-will-your-online-food-ordering-bill-rise/articleshow/86311045.cmsSynopsis At present, restaurants charge 5% GST without input tax credit, on the supply of services including supply of food and beverages. Meanwhile, food
No GST on petrol, diesel yet, compensation cess till 2026 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-council-no-gst-on-petrol-diesel-yet-compensation-cess-till-2026/articleshow/86301244.cmsSynopsis Finance minister Nirmala Sitharaman highlighted that the cess collected from July 2022 till March 2026 will be used solely for repayment of back-to-back
Insider Trading Violations: The implications of Sebi’s recent rulings – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/insider-trading-violations-the-implications-of-sebis-recent-rulings/2331027/ The regulatory objective of the insider-trading law is outlawing the ‘abuse of UPSI’; Sebi therefore must not bar all trade by a person
Not just a token move: RBI permitting more tokenisation reduces trade-off between security & ease-of-use compulsions in digital payments space – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/not-just-a-token-move-rbi-permitting-more-tokenisation-reduces-trade-off-between-security-ease-of-use-compulsions-in-digital-payments-space/2331030/ Tokenisation is a process of replacing sensitive data with non-sensitive data. In payments cards industry, it is typically used to replace cardholder’s card
Senior citizens above age 65 can open NPS account now – Know the new rules – The Financial Express
lipped from: https://www.financialexpress.com/money/senior-citizens-above-age-65-can-open-nps-account-now-know-the-new-rules/2332867/ For those looking to join NPS after age 65, the objective should not be only to save tax but to create a corpus
Digital Life Certificate submission by pensioners to start from October 1, 2021 – Check details – The Financial Express
Clipped from: https://www.financialexpress.com/money/digital-life-certificate-submission-by-pensioners-to-start-from-october-1-2021-check-details/2332421/ The facility of submission of Life Certificates by the pensioners aged 80 years and above is to be allowed from 1st October 2021
Swiggy, Zomato to collect 5% GST on deliveries, food not to get dearer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/swiggy-zomato-to-collect-5-gst-on-deliveries-food-not-to-get-dearer/articleshow/86299971.cmsSynopsis Food delivery apps will now be required to collect 5% GST from consumers instead of the restaurant they pick up orders from, Sitharaman
h1b visa: US court abolishes proposed Trump era H-1B wage rule – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/work/us-court-abolishes-proposed-trump-era-h-1b-wage-rule/articleshow/86288257.cmsSynopsis Business groups had complained that this would make it harder for them to hire graduate students as they would not qualify under the
Maharashtra: Fire audits must for housing societies | Pune News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/pune/fire-audits-must-for-housing-societies/articleshow/69615391.cms Representative imagePUNE: The Maharashtra State Cooperative Housing Federation plans to reach out to the housing societies in the state to ensure that they conduct fire audits through
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