Clipped from: https://www.businesstoday.in/current/economy-politics/not-disclosed-interest-on-fd-bank-savings-be-ready-for-income-tax-dept-notice/story/435258.html There could be multiple reasons for taxpayers receiving the I-T notice. The prominent ones being non-reporting of FD interest and savings bank account
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.
A billion for every chip-maker who ‘makes in India’ – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/technology/a-billion-for-every-chip-maker-who-makes-in-india/article34207041.ece How to disburse the cash incentives has yet to be decided and the government has asked the industry for feedback, said a second
Govt defers labour codes implementation – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/govt-defers-labour-codes-implementation/article34206220.ece Employees’ take home pay, companies’ PF liability to remain same for now The four labour codes will not come into effect from April
SC’s order on women in army one more step towards equal treatment | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/scs-order-on-women-in-army-one-more-step-towards-equal-treatment-968493.htmlSupreme Court. Credit: PTI file photo. The Supreme Court’s latest directive on the grant of permanent commission in the armed forces to Short Service
The four serious problems with India’s bad bank plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-the-four-serious-problems-with-indias-bad-bank-plan/articleshow/81788240.cms Synopsis–One has to factor in the enormous gains that accrue from enabling bad loan-strapped banks to function smoothly. That said, when policymakers talk
RBI asked to ensure retail inflation remains at 4% till March 2026, says top official – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/govt-rbi-retain-2-6-inflation-target-for-5-years-ministry-official/articleshow/81781131.cmsSynopsis The earlier monetary policy framework, signed by Prime Minister Narendra Modi’s government with the Reserve Bank of India in 2015, had set up
New Income tax rules 2021: Tax on PF interest, reduction in time limit of ITR filing, other changes–economic times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-on-pf-interest-pan-aadhaar-non-linking-fine-other-money-rules-that-change-from-april-1/articleshow/81759692.cmsSynopsis With the start of the new financial year on April 1, various tax and money rules come into effect. Here is a look
Six digit HSN code in GST made mandatory from April 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/six-digit-hsn-code-in-gst-made-mandatory-from-april-1/articleshow/81780235.cmsSynopsis A taxpayer having turnover of upto Rs 5 crore in the preceding financial year is required to furnish 4 digits HSN code on
Non-repatriable investments will now be treated at par with domestic investments by resident Indians – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/non-repatriable-investments-will-now-be-treated-at-par-with-domestic-investments-by-resident-indians/articleshow/81774092.cmsSynopsis When an NRI invests in India, she has to mention in the KYC form whether the funds will be repatriable or not. As
I am trying to break my own notions on same sex relationship, says judge – The Hindu
Clipped from: https://www.thehindu.com/news/national/tamil-nadu/i-am-trying-to-break-my-own-preconceived-notions-on-same-sex-relationship-says-judge/article34202202.ece Judge sends petitioners, their parents for counselling Justice N. Anand Venkatesh of the Madras High Court on Tuesday wrote that he was trying
France turns to grandparents to liberate Covid cash pile – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/france-turns-to-grandparents-to-liberate-covid-cash-pile/article34195397.ece France is weighing tax breaks for grandparents who hand cash to their grandchildren as a way to boost the economic recovery and mobilise
CBIC notifies new system for filing bill of entry for importers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cbic-notifies-new-system-for-filing-bill-of-entry-for-importers/article34197122.ece Hopes to facilitate faster clearance The Central Board of Indirect Taxes and Customs (CBIC) has notified a new system for filing Bills of
Push e-mandate rules to June for smooth transition, say experts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/push-e-mandate-rules-to-june-for-smooth-transition-say-experts/article34200070.ece The deadline for implementing the Payment Aggregators and Payment Gateways (PAPG) guidelines should be extended till June to enable smooth transaction, according to
Decoding the maze of equalisation levy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/decoding-the-maze-of-equalisation-levy/article34200358.ece Expanding the scope of this tax in last year’s Budget has made it more complex and burdensome India first introduced an equalisation levy
UltraTech Cement prepays long-term loan of Rs 5,000 crore loan | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ultratech-cement-prepays-long-term-loan-of-rs-5-000-crore-loan-121033001039_1.html UltraTech Cement on Tuesday said it has prepaid its long-term loans of Rs 5,000 crore UltraTech Cement on Tuesday said it has prepaid its
Easy Trip co-founder upbeat despite public listing at worst time for travel | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/easy-trip-co-founder-upbeat-despite-public-listing-at-worst-time-for-travel-121033001292_1.html Easy Trip Director Prashant Pitti is sanguine, even though his firm, which operates EaseMyTrip.com, gets more than 90% of its revenue from selling
Shareholder of DHFL moves Bombay High Court, seeks stay on delisting | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/shareholder-of-dhfl-moves-bombay-high-court-seeks-stay-on-delisting-121033001351_1.html The regulation further provides that the floor price will be determined in terms of the Takeover Regulations The petition is also challenging the
Higher import tariffs will hurt Atmanirbharta – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/higher-import-tariffs-will-hurt-atmanirbharta/article34200087.ece?homepage=true A well-calibrated Foreign Trade Policy is key to helping import competing industries. Higher import tariffs will hurt exports An overarching goal of the
DGFT extends deadline for track & trace system in pharma exports till April 1, 2022 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/dgft-extends-deadline-for-track-trace-system-of-pharma-exports-till-april-1-2022/article34201149.ece?homepage=true The Directorate General of Foreign Trade (DGFT) has extended the deadline for implementation of the track and trace system in pharma exports till
Five key changes in I-T laws, GST to come into effect from April 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/five-key-changes-in-i-t-laws-gst-to-come-into-effect-from-april-1/article34198775.ece Employees Providend Fund, ULIP, TDS, re-opening of assessment, benefits for senior citizens to see changes Significant changes in both Income-Tax as well as
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