Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-banks-mutual-funds-and-companies-will-check-if-you-have-filed-itr/articleshow/84057122.cmsSynopsis Deductors of TDS/TCS like banks, mutual fund houses etc can now check if you have filed ITR when your income crosses the TDS
Author: Anil R Tikotekar
What are income tax benefits available on donations made? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-are-income-tax-benefits-available-on-donations-made/articleshow/84087217.cmsSynopsis Donations made to help people tide over the covid-19 pandemic can help you save income tax as well. Here is a look at
Back to old normal: Pharma industry returns to pre-pandemic growth level | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pharma-market-normalizes-to-pre-pandemic-growth-121072700694_1.html In this first instalment of a five-part series on how some of the defining numbers in key sectors are springing back to the
SME Chatroom: Destruction of goods warrants reversal of input tax credit | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-destruction-of-goods-warrants-reversal-of-input-tax-credit-121072601028_1.html Submit copies of correspondence with the buyer to the bank explaining the reasons for the inward remittance Since you are getting payment against
Decoded: What is prepackaged insolvency resolution & how does process work? | Business Standard News
Clipped from: https://www.business-standard.com/article/specials/decoded-what-is-prepackaged-insolvency-resolution-how-does-process-work-121072701762_1.html The prepackage process for resolution has been popular in Europe and the US over the past decade To be eligible, a company must
A quick look into Sebi’s fresh push to crackdown on insider trading | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-quick-look-into-sebi-s-fresh-push-to-crackdown-on-insider-trading-121072701358_1.html The market regulator recently raised the reward for providing credible information that leads to prosecution from Rs 1 crore to Rs 10 crore
Sebi asks for ultimate beneficial owners’ information in Adani firms | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-asks-for-ultimate-beneficial-owners-information-in-adani-firms-121072800007_1.html The custodians are directed to provide information in 15 days Securities and Exchange Board of India The Securities and Exchange Board of India (Sebi) has
Insolvency pre-packs good for small firms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/insolvency-pre-packs-good-for-small-firms/articleshow/84801682.cmsSynopsis Regulation should be light-touch, however, and pre-packs should cover larger companies. The government’s move to amend the insolvency law to allow pre-packaged insolvency resolution plans
GST e-way bill generation gathers momentum in July – The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-e-way-bill-generation-gathers-momentum-in-july/2298183/ Average daily e-way bill generation was 20.2 lakh in the week ended July 25, compared with 20.4 lakh in preceding week and 19.24
Nearly Rs 49,000 crore lying unclaimed with banks, insurers: Karad – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/nearly-rs-49000-crore-lying-unclaimed-with-banks-insurers-karad/articleshow/84791075.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Giving the details in a written reply, the minister said as per information received from the Reserve Bank of India (RBI), the total
UP’s draft population bill has an ableism problem | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/ups-draft-population-bill-population-control-7423718/ Apart from its coercive approach to population control, it plays into the widely prevalent notion of the disabled as a burden. UP Chief
Financial auditors, technical experts roped in for probe into porn racket case | Mumbai news
Clipped from: https://indianexpress.com/article/cities/mumbai/raj-kundra-porn-racket-hotshots-app-shilpa-shetty-7423734/ The police are hoping financial auditors will be able to track the money flow leading to and from Kundra’s account, who they believe
Why privacy protection alone won’t help against illegal surveillance | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/illegal-surveillance-privacy-protection-pegasus-attacks-democracy-7423715/ Sophisticated surveillance attempts like Pegasus, which bypass data protection architecture and regulatory oversight, must be met with public outrage, which can only emerge
Honestly, a new code: Salaried taxpayers bear disproportionate burden. GoI must find ways to make evaders pay
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/honestly-a-new-code-salaried-taxpayers-bear-disproportionate-burden-goi-must-find-ways-to-make-evaders-pay/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Rationalise Customs duty | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rationalise-customs-duty-121072700009_1.html Besides removing exemptions, overall simplification is necessary In the 2021 Union Budget earlier this year, Union Finance Minister Nirmala Sitharaman announced that hundreds of exemptions
Global trade runs into choppy waters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/global-trade-runs-into-choppy-waters/article35546658.ece The spike in container freight rates smacks of top shipping lines exploiting the market with their oligopolistic power A shipowner tries to fix
The forex bonanza is not a cause for celebration – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-forex-bonanza-is-not-a-cause-for-celebration/article35545913.ece Portfolio investment zoomed from $1.4 billion in 2019-20 to $36.1 billion in 2020-21 – REUTERS Portfolio investment zoomed from $1.4 billion in 2019-20
All you wanted to know about collateral margin – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article35545981.ece The Securities and Exchange Board of India (SEBI) came up with a fresh circular last week to strengthen the collateral margin reporting mechanism
HDFC Bank launches up to Rs 10 lakh overdraft facility for shopkeepers, merchants to ease cash crunch – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-hdfc-bank-launches-up-to-rs-10-lakh-overdraft-facility-for-shopkeepers-merchants-to-ease-cash-crunch/2298139/ Credit and Finance for MSMEs: HDFC Bank will approve an overdraft limit from a minimum of Rs 50,000 to a maximum of Rs
Govt says 16,527 companies struck off during April 2020-June 2021 period – The Financial Express
Clipped from: https://www.financialexpress.com/industry/govt-says-16527-companies-struck-off-during-april-2020-june-2021-period/2297962/ In written replies, the minister said that terms ‘shut down’ or ‘closed unit’ or ‘corporate unit’ are not defined under the Act. Under