Clipped from: https://economictimes.indiatimes.com/nri/invest/taxation-of-nris-under-indian-income-tax-act/articleshow/83032625.cmsSynopsis Section 6 of the Income Tax Act prescribes provisions for determination of residential status of an individual. Residential Status is determined by the
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.
Big 4-Indian auditors spat over new RBI guidelines turns ugly – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/big-4-indian-auditors-spat-over-new-rbi-guidelines-turns-ugly/articleshow/83045794.cms Synopsis–The spat between the Big Four professional services firms and Indian auditors over the new RBI guidelines for appointments of statutory auditors has
WhatsApp vs govt: Is India really open for business? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/whatsapp-vs-govt-is-india-really-open-for-business/articleshow/83044721.cmsSynopsis The prescription of a content code for streaming sites and news portals is legally dubious. GoI has no authority granted to it by
Verdict astonishing, erroneous, says Goa govt in appeal against acquittal – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/tarun-tejpal-case-verdict-astonishing-erroneous-says-goa-govt-in-appeal-against-acquittal/2260636/ Pushing for an early hearing, the state government termed Tejpal’s acquittal order as erroneous in law and unsustainable. The sessions court while acquitting
Despite record dividend, RBI and govt may have differences over new norms | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/despite-rbi-s-record-dividend-rift-surfaces-with-finmin-over-audit-norms-121052601038_1.html Apex bank’s Rs 99,122 cr dividend supports the Centre’s fiscal rescue plan, obviates need to ramp up borrowings for now The finance ministry feels the
IT Rules: Legal experts weigh in on reasonable curbs to Right to Privacy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/it-rules-legal-experts-weigh-in-on-reasonable-curbs-to-right-to-privacy-121052701342_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Say the new rules do not pass the test of proportionality to justify breaching a user’s privacy Photo: Shutterstock The new IT rules
Joe Biden’s $6 trillion budget: Social spending, taxes on business | Business Standard News
Clipped from: https://www.business-standard.com/article/international/joe-biden-s-6-trillion-budget-social-spending-taxes-on-business-121052801800_1.html Biden has already described, in general terms, major plans on infrastructure and he won a major victory on Covid-19 relief earlier this year
Banks to sell Mallya’s UBL shares worth Rs 5,500 cr after PMLA court nod | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/banks-to-sell-mallya-shares-worth-rs-5-500-cr-after-pmla-court-nod-121052801354_1.html SBI in talks with SBI Caps to sell shares via block deals A source said banks would be able to sell shares to
Booster dose – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-centre-will-need-to-step-in-with-measures-to-support-demand-and-revive-private-investment/article34669822.ece The Centre will need to step in with measures to support demand and revive private investment The Centre would do well to pay
KCCI seeks solutions to tackle Covid-induced problems of MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/kcci-seeks-solutions-to-tackle-covid-induced-problems-of-msmes/article34665139.ece Demands measures including relaxation of NPA norms for loans availed, waiver of fixed charges of Escoms With the second wave of Covid pandemic
Tyre industry welcomes new norms, pleads feasible timelines for compliance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/tyre-industry-welcomes-new-norms-pleads-feasible-timelines-for-compliance/article34665045.ece ‘New norms will help in improving road safety and making vehicles more fuel-efficient’ The tyre industry has welcomed draft norms involving new requirements
Technical member imbroglio: SEBI should stand its ground against SAT order – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/technical-member-imbroglio-sebi-should-stand-its-ground-against-sat-order/article34670182.ece Expediting key appointments good for all stakeholders Recently, the Securities Appellate Tribunal (SAT), which hears appeals against SEBI’s regulatory orders, made an important
Cab drivers seek moratorium on vehicle loans, support – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/national/cab-drivers-seek-moratorium-on-vehicle-loans-support/article34671113.ece “Banks and the finance cos are seizing vehicles even as the drivers are struggling to earn enough to survive” KV Kurmanath With the pandemic
FISME writes to RBI’s Shaktikanta Das; suggests funding cash losses, suspending SMA norms, others for MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/fisme-writes-to-rbis-shaktikanta-das-suggests-funding-cash-losses-suspending-sma-norms-others-for-msmes/2260116/ FISME also suggested sanctioning term loans to firms whose capital expenditure may have got stuck midway, suspending bank loan ratings by external credit
‘SC ruling to hold personal guarantor liable in insolvency cases to strengthen MSMEs’ credit discipline’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/sc-ruling-to-hold-personal-guarantor-liable-in-insolvency-cases-to-strengthen-msmes-credit-discipline/2258952/ The judgment will also encourage the promoters to use the pre-pack regime for MSMEs to find resolutions acceptable to the creditors and strengthen
India’s apparel exporters stare at a rough patch amid Covid lockdown – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/apparel-exporters-stare-at-a-rough-patch/articleshow/82985056.cms SynopsisThe next six months will be tough, an exporter said, worried that a long spell of lockdowns could cost them the Christmas business
Spend, government, spend, to trigger growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/spend-government-spend-to-trigger-growth/articleshow/83015138.cmsSynopsis Higher spending is needed to contain the toll on the economy due to lockdowns in the second wave of the pandemic. At this
A judicial review would be welcome – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-judicial-review-would-be-welcome/articleshow/83015486.cmsSynopsis There can be no question that no one can be allowed to defy the law, whether delusional administrators put in charge of small
Experts suggest fiscal measures to boost demand amid pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/experts-suggest-fiscal-measures-to-boost-demand-amid-pandemic/articleshow/83016290.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis This targeting spending is also required for contact-based services that have borne the brunt of the pandemic since last year, economists said even
Key takeaways from newly notified anti-abuse rules for tax valuation of slump sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/key-takeaways-from-newly-notified-anti-abuse-rules-for-tax-valuation-of-slump-sale/articleshow/83001497.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Though seemingly well intentioned, the FMV Rules for slump sale had the potential to create enormous uncertainty for taxpayers if they were based
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