Clipped from: https://www.financialexpress.com/money/income-tax/tax-disputes-faceless-assessment-key-to-solve-problem/2193806/ The consideration received or receivable for e-commerce supply or services won’t include considerations that are already taxable as royalty or fees for technical
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.
NBFCs’ stressed assets could touch ₹1.5-1.8-lakh cr by fiscal end: Crisil Ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/nbfcs-stressed-assets-could-touch-15-18-lakh-cr-by-fiscal-end-crisil-ratings/article33850173.ece?homepage=true That’s 6% to 7.5% of their AUM; personal loan segment to be the ‘big challenge’ this year Stressed assets of non-banking financial companies
Unclaimed deposits: RBI may nudge banks to streamline information access for nominees/heirs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/unclaimed-deposits-rbi-may-nudge-banks-to-streamline-information-access-for-nomineesheirs/article33849764.ece?homepage=true The Reserve Bank of India (RBI) is likely to ask banks to follow a standardised approach to help nominees/heirs of depositors quickly get
Budget signals focus on improving tax compliance, increasing transparency–SURANJALI TANDON WRITES: –indian express
Clipped from: https://indianexpress.com/article/opinion/columns/union-budget-tax-compliance-economy-gdp-growth-7190263/ With little flexibility to change rates or to redefine the tax base, it is expected that the rate of growth in tax revenue
Society
Model Bye Laws–Relevant provisions
Housing society resolutions void if minutes not approved | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/housing-society-resolutions-void-if-minutes-not-approved-114112300782_1.html A society is entitled to levy a charge provided it is approved by the general body at a valid meeting, in consonance with
Reducing the compliance burden – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/reducing-the-compliance-burden/article33844150.ece?homepage=true A master document of all requirements and setting up single-window systems can be the starting point A reduction in regulatory compliance burden on
Some missing ‘pillars’ in the Budget – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/some-missing-pillars-in-the-budget/article33844308.ece?homepage=true More funds could have been allocated to MGNREGA and PM Garib Kalyan Yojana to spur short-term demand Budget 2021-22, presented in the backdrop
Socio-economic costs of legalising MSP – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/socio-economic-costs-of-legalising-msp/article33844062.ece?homepage=true Farmers harvesting paddy crop in a farm near Amritsar. The water table has fallen alarmingly in Punjab (file photo) – PTI Farmers harvesting
Back the IBC | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/back-the-ibc-121021501399_1.html A new mechanism will only kick the can down the road The government is reportedly considering lifting the suspension of the Insolvency and Bankruptcy
January exports growth hits 22-month high: Commerce ministry data – The Financial Express
Clipped from: https://www.financialexpress.com/economy/january-exports-growth-hits-22-month-high-commerce-ministry-data/2195485/ Imports, too, recorded a second successive month of growth (2% year-on-year) in January but the pace of rise slowed from 7.6% in December
Loans: PMAY can be applied only once – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-pmay-can-be-applied-only-once/2195389/ Do not take loan to invest in stocks. Use proposed EMI to invest via SIP Yes, with a greater than 800 CIBIL score
Courts should curb policymaking instinct–editorial –the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/courts-should-curb-policymaking-instinct/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Kerala High Court directing, in suo motu
A 5G opportunity for Indian startups–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/a-5g-opportunity-for-indian-startups/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. As the world rolls out the fifth-generation technology
Do not write an obit for Indian Microfinance sector just yet – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/do-not-write-an-obit-for-indian-microfinance-sector-just-yet/articleshow/80917807.cmsSynopsis Microfinance industry has bounced back after every crisis. Similar resilience is expected from the sector post the COVID-19 crisis as well The global
Taking a cue from China: How India can help SMEs flourish and prosper – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/taking-a-cue-from-china-how-india-can-help-smes-flourish-and-prosper/articleshow/80917708.cmsSynopsis There have been many factors that aided the growth of Chinese SMEs, including strong cultural advantages and a sharp focus. India too can
bharat bill payment system: NPCI’s Bharat BillPay, en route to a billion transactions, is set to be the next payments disruption – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/npcis-bharat-billpay-en-route-to-a-billion-transactions-is-set-to-be-the-next-payments-disruption/primearticleshow/80912226.cms Synopsis–In August 2016, the National Payments Corporation of India’s UPI went live. In just over three years, it was clocking over 2 billion
Investing in government bonds directly from RBI is a sound option but don’t rush in to buy them – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/investing-in-government-bonds-directly-from-rbi-is-a-sound-option-but-dont-rush-in-to-buy-them/articleshow/80893294.cms Synopsis–Soon retail investors will be able to buy government bonds directly from RBI. Though there are certain advantages of investing in government bonds,
ED arrests businessman in PMLA case against Mumbai realty group – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/ed-arrests-businessman-in-pmla-case-against-mumbai-realty-group/article33838768.ece?homepage=true The ED also claimed that “loans to the tune of ₹410 crore were diverted and not used for intended purposes” The Enforcement Directorate
PSBs privatisation: Guessing the list – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/psbs-privatisation-guessing-the-list/article33841181.ece?homepage=true Though experts have their own take on the subject, there is no clear indication on what’s in store Two public sector banks (PSBs)
