Clipped from: https://www.financialexpress.com/industry/faceless-assessment-under-customs-law-brings-in-transparency-less-human-intervention-objectives-challenges/2283231/ The Central Board of Indirect Taxes and Customs (CBIC) initiated and implemented several reform measures in the recent past focusing on simplifying cross-border
Author: Anil R Tikotekar
As GST turns 4, CAIT says it has become ‘colonial taxation system’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/as-gst-turns-4-cait-says-it-has-become-colonial-taxation-system/articleshow/84056746.cmsSynopsis The Confederation of All India Traders (CAIT) added that it is not alone the centre but largely the state governments are more responsible
exports: India’s exports have an ‘aatmanirbharta’ problem: It doesn’t have enough shipping containers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-exports-have-an-aatmanirbharta-problem-it-doesnt-have-enough-shipping-containers/articleshow/83974755.cms SynopsisIndia, a net importer, has always wanted to export more. When it finally happened, albeit for a brief period, industry didn’t have containers
NRI Helpdesk: Who all are exempted from the US travel ban? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/nri-helpdesk-who-all-are-exempted-from-the-us-travel-ban/articleshow/84091612.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis For our NRI readers, we have started an immigration helpdesk. Write to us at nri.economictimes@gmail.com and our team of experts will address the
SC dismisses homebuyer’s petition challenging Wave group’s insolvency proceedings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/sc-dismisses-homebuyers-petition-challenging-wave-groups-insolvency-proceedings/articleshow/84093985.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Wave Mega City Center (WMCC) Private Limited, a special purpose vehicle of real estate developer Wave group, had moved the National Company Law
CBDT issues rules for taxing partnership companies in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cbdt-issues-rules-for-taxing-partnership-companies-in-india/articleshow/84091536.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Central Board of Direct Taxes (CBDT) has said that capital assets, money or stock in trade received by a partner in a
Govt to unveil national cyber security strategy soon: National Cyber Security Coordinator – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/govt-to-unveil-national-cyber-security-strategy-soon-national-cyber-security-coordinator/articleshow/84094404.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis On the national security narrative for the telecom sector, National Cyber Security Coordinator Rajesh Pant said, “While other nations have created a black-list
Wife Dies Without Will: Legal rights of husband over property of Hindu wife who dies without will – The Economic Times
SynopsisAs per Hindu Succession Act, 1956, there is a scenario where the husband of a Hindu woman who has died intestate will not be the
Will raise funds soon, says Vodafone-Idea’s Managing Director Ravinder Takkar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/will-raise-funds-soon-says-vodafone-ideas-managing-director-ravinder-takkar/articleshow/84084488.cmsSynopsis Vi has already paid Rs 7,854 crore to the Department of Telecommunications (DoT) and has to pay Rs 9,000 crore in March 2022,
Debt-laden Vodafone Idea breaches the loan covenants with lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/debt-laden-vodafone-idea-breaches-the-loan-covenants-with-lenders-121070300067_1.html Lenders want telco to put more skin in the game For the financial year ended March 2021, the company announced a negative net
India’s balance of payments situation is comfortable despite the recent moderation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-balance-of-payments-situation-is-comfortable-despite-the-recent-moderation/2282318/ Import bill manageable if crude oil remains under $80/barrel; no big FPI pullouts if Fed sticks to normalisation calendar The surplus in the
New export strategy may focus more on key component – The Financial Express
Clipped from: https://www.financialexpress.com/economy/new-export-strategy-may-focus-more-on-key-component/2283110/ Mechanical machinery, electronics, medical and surgical equipment, sports goods, toys and certain farm commodities are among a number of products where India has
India joins 130 nations to back minimum corporate tax plan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/india-joins-global-minimum-tax-rate-plan/article35092841.ece In favour of consensus solution that is simple to implement and comply India on Thursday joined the world’s leading economies in endorsing a
50,000 taxpayers in Kerala to benefit from GST amnesty scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/50000-taxpayers-in-kerala-to-benefit-from-gst-amnesty-scheme/article35091742.ece The 2021 scheme recommends reducing late fees payable by small and medium-sized taxpayers. Commissioner, GST Department, Kerala, has invited the attention of the
FB takes down 30 million pieces of offensive content – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/fb-takes-down-30-million-pieces-of-offensive-content/article35107146.ece?homepage=true Files the first monthly compliance report under the new IT rules Facebook said it removed nearly 30 million pieces of content under 10
Globalisation of fiscal capacity – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/globalisation-of-fiscal-capacity/articleshow/84074308.cmsSynopsis OECD estimates the 15% global minimum tax that would apply to companies with a turnover above Rs 750 million, to yield around $150
Despite recast, significant stress seen among MSMEs – RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/despite-recast-significant-stress-seen-among-msmes-rbi/articleshow/84056101.cmsSynopsis “Despite the restructuring, however, stress in the MSME portfolio of PSBs remains high,” the regulator noted. “While PSBs have actively resorted to restructuring
Five reasons why India needs to add to record forex pile – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/five-reasons-why-india-needs-to-add-to-record-forex-pile/articleshow/84054476.cmsSynopsis The pile touched a record $608 billion last month, thanks mainly to the Reserve Bank of India soaking up dollars flowing in as
Five reasons why India needs to add to record forex pile – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/forex/five-reasons-why-india-needs-to-add-to-record-forex-pile/article35091273.ece?homepage=true The pile touched a record $608 billion last month The rise in India’s foreign exchange reserves to above $600 billion may not be
India’s balance of payments situation is comfortable despite the recent moderation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-balance-of-payments-situation-is-comfortable-despite-the-recent-moderation/2282318/ Import bill manageable if crude oil remains under $80/barrel; no big FPI pullouts if Fed sticks to normalisation calendar The surplus in the