Clipped from: https://www.thehindubusinessline.com/economy/ordinance-to-usher-in-tribunal-reforms-issued/article34244695.ece?homepage=true Appellate authorities in 9 laws replaced with High Courts The Centre has replaced Appellate authorities under as many as nine laws with High
Author: Anil R Tikotekar
Small businesses: How tax payments will change under QRMP – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/small-businesses-how-tax-payments-will-change-under-qrmp/article34245565.ece The Quarterly Return filing and Monthly Payment of taxes (QRMP) scheme came into force on January 1, 2021, under GST. It is expected
ipo–Primary froth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/primary-froth/article34246799.ece?homepage=true The IPO boom is seeing better quality issuers, but this doesn’t make IPO investing any less risky When a bull market is in
Should interest rates of small savings schemes be cut? Experts are divided on the matter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/should-interest-rates-of-small-savings-schemes-be-cut-experts-are-divided-on-the-matter/articleshow/81885920.cms SynopsisExperts are divided on whether rate cuts are necessary or not. The government slashed small savings interest rates on 31 March, only to
income tax returns | capital gains: Checking tax evasion: From this financial year, taxman will have direct access to capital gains data – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/taxman-to-access-capital-gains-data-directly-from-fy22/articleshow/81904476.cmsSynopsis A notification issued by the I-T department on March 12 has included stock exchanges, depositories, clearing corporations and registrars to an issue and
Latest round of Covid restrictions has lenders fretting over rising defaults – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/latest-round-of-covid-restrictions-has-lenders-fretting-over-rising-defaults/articleshow/81916226.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Yesterday, Maharashtra, which has seen a resurgence of infections, announced a weekend lockdown starting 8 pm of Fridays to 7 am on Mondays
Swiggy Funding: Swiggy gets $800 million funding at $5 billion valuation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/funding/swiggy-raises-800-million-in-funding-at-5-billion-valuation/articleshow/81914999.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Swiggy’s mammoth fundraising comes at a time when its biggest rival Zomato is firming up plans to launch an IPO some time later
Centre promulgates IBC amendment ordinance to allow pre-packaged insolvency for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/centre-promulgates-ibc-amendment-ordinance-to-allow-pre-packaged-insolvency-for-msmes/articleshow/81909630.cmsSynopsis A pre-packaged resolution essentially translates to a company preparing a restructuring plan with its creditors before initiating insolvency proceedings. This helps to cut
Commerce ministry makes import registration compulsory for host of aluminium, copper products – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/commerce-ministry-makes-import-registration-compulsory-for-host-of-aluminium-copper-products/articleshow/81908490.cmsSynopsis The copper items include blister copper, refined copper, copper bars, certain copper rod, copper alloys and sanitary ware.Similarly, the aluminium products include ingots,
Income tax department introduces JSON utility for AY 2021-22 ITRs, discontinues Excel/Java – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-department-introduces-json-utility-for-ay-2021-22-itrs-discontinues-excel-java/2227254/ In place of the Excel and Java version of ITR utilities, the CBDT has introduced JSON utility and released a step-by-step guide for
India vehicle scrappage policy: How some clarity from government could help carmakers – The Financial Express..
Clipped from: https://www.financialexpress.com/auto/industry/india-vehicle-scrappage-policy-clarity-from-government-could-help-carmakers-end-of-life-scrapyard-salvage-car-bike/2227134/ The vehicle scrappage policy proposed by the government does indeed come with its terms and conditions. While we aren’t privy to these yet,
I-T Dept launches offline utility for ITR 1, 4- Business News–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/economy-politics/income-tax-department-launches-offline-utility-for-itr-1-4/story/435789.html Taxpayers can import and pre-fill the data from e-filing portal and can also fill the remaining data. Since the facility to upload income
Gung-ho on pay-as-you-use motor insurance policy? Think twice–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/money/insurance/gung-ho-on-pay-as-you-use-motor-insurance-policy-think-twice/story/435783.html Digit Insurance, ICICI Lombard General Insurance, Edelweiss General Insurance, Bharti Axa General Insurance, TATA AIG General Insurance and Bajaj Allianz General Insurance, etc
Government amends insolvency law; introduces pre-packaged resolution process for MSMEs | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/banking-and-finance/government-amends-insolvency-law-introduces-pre-packaged-resolution-process-for-msmes-7259484/ An ordinance was promulgated to amend the Insolvency and Bankruptcy Code (IBC) on April 4, according to a notification. As per the ordinance,
Limited e-invoicing window a worry for small and medium companies | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/limited-e-invoicing-window-a-worry-for-small-and-medium-companies-121032900007_1.html The e-invoicing system was first made mandatory for entities with a turnover of Rs 500 crore and above and later extended to businesses
Fresh risk to economy | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fresh-risk-to-economy-121040400923_1.html Govt should avoid the mistakes of 2020 The latest tax collection data suggests the final fiscal deficit number for 2020-21 will be lower than the revised estimate.
Pre-pack problems | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/pre-pack-problems-121040501240_1.html MSME Ordinance violates basic principle of IBC The government has decided that a “pre-packaged” resolution process for micro, small, and medium enterprises (MSMEs)
RBI’s multiple challenges | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-multiple-challenges-121040501244_1.html Attaining different objectives could become more difficult The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is meeting this week for the first time
Govt brings ordinance to introduce pre-packaged debt resolution for MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-amends-insolvency-law-introduces-pre-packaged-resolution-for-msmes-121040500380_1.html The latest move comes less than two weeks after the suspension of certain IBC provisions ended The government has amended the insolvency law
IBC prevails over SARFAESI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/ibc-prevails-over-sarfaesi/article34239316.ece The IBC is intended to put the debtor back on its feet, not merely to enable recovery of the dues by the creditors.