Clipped from: https://www.financialexpress.com/budget/budget-2021-eases-startup-funding-fm-extends-eligibility-for-claiming-tax-holiday-capital-gains-exemption/2184235/ Union Budget 2021 India: A company or an LLP incorporated on or before March 31, 2022 (earlier terminal date of March 31, 2021)
Author: Anil R Tikotekar
Govt reduces customs duty on certain steel items to provide relief to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/govt-reduces-customs-duty-on-certain-steel-items-to-provide-relief-to-msmes/articleshow/80630835.cmsSynopsis Finance Minister Nirmala Sitharaman in her Budget speech for 2021-22 said the anti-dumping duty (ADD) and countervailing duty (CVD) have also been revoked
400 old duty exemptions to get a rejig, duties cut on many items to help MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/budget-2021-400-old-duty-exemptions-to-get-a-rejig-duties-cut-on-many-items-to-help-msmes/articleshow/80631119.cmsSynopsis The FM announced that there will be a reduction in Customs duty uniformly to 7.5% on semis, flat, and long products of non-alloy,
revised ITR filing deadline | belated ITR filing deadline: 3 months less to file belated, revised ITR now: Deadline for filing ITR voluntarily is now Dec 31–economic times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/3-months-less-to-file-belated-revised-itr-now-deadline-for-filing-itr-voluntarily-is-now-dec-31/articleshow/80631000.cmsSynopsis The deadline of March 31 for voluntarily filing of ITR (also the deadline for filing belated ITR) is proposed to be shifted forward
India doubles healthcare spending, opens up insurance in “get well soon” budget -HEALTHCARE BUDGET: The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-doubles-healthcare-spending-opens-up-insurance-in-get-well-soon-budget/articleshow/80629478.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Delivering her budget statement to parliament, Finance Minister Nirmala Sitharaman projected a fiscal deficit of 6.8% of gross domestic product for 2021/22, higher
Ship Recycling capacity to double by 2024, generate 1.5 lakh jobs – budgt–The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/ship-recycling-capacity-to-double-by-2024-generate-1-5-lakh-jobs/articleshow/80629751.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India has enacted Recycling of Ships Act, 2019 and acceded to the Hong Kong International Convention. New Delhi: Finance Minister Nirmala Sitharaman on Monday said
Budget gives push for women’s participation in the workforce – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/budget-gives-push-for-womens-participation-in-the-workforce/articleshow/80630270.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Coming close on the heels of vaccine roll out which will ensure a quick return to normal economic activity, as also combined with
NRIs will soon be able to float one person companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/nris-will-soon-be-able-to-float-one-person-companies/articleshow/80630943.cmsSynopsis Dedicating a separate portion of her 2021-22 Budget speech to company matters, Sitharaman said in the next fiscal year, MCA 21 portal will
Capital infusion in public sector banks undershoots market expectations —BUDGET–: The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/budget-capital-infusion-in-public-sector-banks-undershoots-market-expectations/articleshow/80629575.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Advertorial CILICANT stays ahead of the pack with the launch of their third manufacturing facility Synopsis CILICANT has become one of the world’s
Union Budget 2021 Highlights: Direct taxes unchanged but ease in compliance on the way – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-2021-key-highlights/articleshow/80621984.cmsSynopsis The FM’s third Budget tackles the considerable wishlist of industries and consumers that were impaired by the Covid-19 pandemic, while acknowledging the spending
Solar cell, modules manufacturing plan to boost domestic firms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/power/solar-cell-modules-manufacturing-plan-to-boost-domestic-firms/articleshow/80629877.cmsSynopsis Sitharaman said solar energy has a “huge promise” in India as her budget speech focused on sustainable power sources. MUMBAI: Finance minister Nirmala Sitharaman has
Inefficient ports to see private participation, but exporters say present struggle across logistics will continue – NIRMALA SITHARAMAN: BUDGET: –The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/budget-inefficient-ports-to-see-private-participation-but-exporters-say-present-struggle-across-logistics-will-continue/articleshow/80629794.cmsSynopsis While Finance Minister Nirmala Sitharaman announced private partnership initiatives for major ports to improve efficiencies, exporters rue that these measures fall short of
15th Finance Commission keeps tax devolution to states at 42%, suggests fiscal deficit glide path – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/15th-finance-commission-keeps-tax-devolution-to-states-at-42-suggests-fiscal-deficit-glide-path/articleshow/80629623.cmsSynopsis Finance Commission is a constitutional body that gives suggestions on Centre-state financial relations. The report of the 15th Finance Commission was tabled in
income tax slab: No changes in income tax slabs, rates, deductions, exemptions in Budget 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/no-changes-in-income-tax-slabs-rates-deductions-exemptions-in-budget-2021/articleshow/80628697.cmsSynopsis With no change in the basic exemption limit, income tax slabs and rates, an individual tax payer will continue to pay the tax
LTC Cash Voucher Scheme notified in Budget 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/ltc-cash-voucher-scheme-notified-in-budget-2021/articleshow/80630267.cmsSynopsis The benefit of the LTC Cash Voucher scheme is available in the old tax regime. If an individual opts for the new tax
Tax benefit on mergers and acquisitions withdrawn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/tax-benefit-on-mergers-and-acquisitions-withdrawn/articleshow/80629225.cmsSynopsis The government in the Budget 2021 said that no depreciation would be allowed on goodwill. Up until now many companies would end up
Budget relief: Depositors of stressed banks can access up to Rs 5 lakh of deposits – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/budget-relief-depositors-of-stressed-banks-can-access-up-to-rs-5-lakh-of-deposits/articleshow/80629131.cmsSynopsis The finance minister said that the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961 would be amended to create such a provision.
Union Budget 2021 Highlights: Direct taxes unchanged but ease in compliance on the way – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-2021-key-highlights/articleshow/80621984.cmsSynopsis The FM’s third Budget tackles the considerable wishlist of industries and consumers that were impaired by the Covid-19 pandemic, while acknowledging the spending
व्रतस्थ संग्राहक : परशुराम गंगावणे –महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/manasa/padma-shri-award-get-to-parshuram-gangawane-in-sindhudurg/articleshow/80621222.cms ज्येष्ठ कलावंत परशुराम गंगावणे यांना केंद्र सरकारने यंदाचा ‘पद्मश्री’ सन्मान जाहीर केल्याने व्रतस्थपणे काम करणाऱ्या या कलाकाराची सरकार-दरबारी यथोचित दखल घेतली गेली आहे.
हवा न्यायोचित निर्धार! – महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/justice-pushpa-ganediwala-and-controversial-verdict-in-sexual-assault-cases/articleshow/80621024.cms न्यायदानाचा निकष परदु:खकातरता असावी की निष्पक्षता, या प्रश्नाचे उत्तर शोधले तर देशात मतभिन्नतेची लाट येईल. न्यायालये स्थितप्रज्ञ हवीत. कनवाळू निर्णयांच्या न्यायोचिततेवर शंका येऊ