Clipped from: https://www.businesstoday.in/personal-finance/ask-money-today/story/ask-money-today-how-is-lottery-prize-taxed-302528-2021-07-27 The motor car won by you in the draw also falls in the category of lottery. Payer of such income is required to
Category: ART
Expect modest recovery in India due to bruised confidence, uncertainty: Gita Gopinath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/expect-modest-recovery-in-india-due-to-bruised-confidence-uncertainty-gita-gopinath/articleshow/84849883.cmsSECTIONSExpect modest recovery in India due to bruised confidence, uncertainty: Gita GopinathLast Updated: Jul 29, 2021, 01:24 PM ISTSynopsis “The vaccine divide is a
Mastercard, American Express ban: Why RBI should have pursued a more balanced course of action – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/mastercard-american-express-ban-why-rbi-should-have-pursued-a-more-balanced-course-of-action/primearticleshow/84835574.cms SynopsisThe Reserve Bank has recently barred the two payment-system operators from issuing fresh cards for delayed compliance. While the move has best intentions,
IT notices issued in the name of deceased person null and void: Delhi High Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/it-notices-issued-in-the-name-of-deceased-person-null-and-void-delhi-high-court/article35589203.ece Legal heirs are under no statutory obligation to intimate the death of the assessee The Delhi High Court has held that Income-Tax notices
How to deal with Section 148 Notice issued after 31st March 2021?
Clipped from: https://taxguru.in/income-tax/deal-section-148-notice-issued-31st-march-2021.html The Finance Act, 2021 introduced a new set of reassessment proceedings from 1st April 2021.After such substitution, the Old provisions relating to Reassessment, do not survive.
Taxation of Non-Resident Indians–taxguru.in
Clipped from: https://taxguru.in/income-tax/taxation-non-resident-indians.html The Income-tax Act, 1961 provides for special provisions to tax the income from specified assets in the hands of Non-resident Indians. These provisions
How the Model Tenancy Act can benefit homeowners and tenants | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/model-tenancy-act-homeowners-tenants-7427337/ While it is a much-needed reform for India’s housing sector, states should use this opportunity to unlock the economic value of vacant housing
HC stays I-T reassessment notice under Sec 148 in VIT case – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/education/hc-stays-i-t-reassessment-notice-under-sec-148-in-vit-case/article35576243.ece The Income Tax department claimed that the assessee’s income chargeable to tax for the assessment year 2015-16 has ‘escaped’ attention. The Madras High
How to tackle urban unemployment? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/audio/explained-how-to-tackle-urban-unemployment/article35585008.ece?homepage=true The Covid-19 pandemic exposed several issues like the state of the public health system, food security and employment. India had a stringent lockdown
Decoded: Is telecom sector moving towards a more viable future?, Video Gallery – Business Standard
Clipped from: https://www.business-standard.com/multimedia/video-gallery/companies/decoded-is-telecom-sector-moving-towards-a-more-viable-future-128829.htm Last Updated at July 26, 2021 21:16 ISThttps://www.youtube.com/embed/ywC6sI0aGho Decoded: Is telecom sector moving towards a more viable future? It appears that Bharti Airtel’s
Do we have enough doctors and nurses to deal with impending third wave?, Video Gallery – Business Standard
Clipped from: https://www.business-standard.com/multimedia/video-gallery/coronavirus/do-we-have-enough-doctors-and-nurses-to-deal-with-impending-third-wave-128856.htmhttps://www.youtube.com/embed/V8_OVd8IcLY Do we have enough doctors and nurses to deal with impending third wave? Coronavirus pandemic has overwhelmed India’s healthcare system. One critical gap
The other side of IBC | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-other-side-of-ibc-121072801872_1.html Any restructuring of stressed accounts outside the IBC would not look credible till the performance of PSBs improves Some recent cases have raised
Govt must not micromanage | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/govt-must-not-micromanage-121072801860_1.html The Centre should focus on broad policy framework rather than micromanaging industrial and developmental activities Micromanagement is when matters that should be left
A quick look into Sebi’s fresh push to crackdown on insider trading | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-quick-look-into-sebi-s-fresh-push-to-crackdown-on-insider-trading-121072701358_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 The market regulator recently raised the reward for providing credible information that leads to prosecution from Rs 1 crore to Rs 10 crore
Sebi chief Ajay Tyagi slams India Inc over poor disclosure standards | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/sebi-chief-ajay-tyagi-slams-india-inc-over-poor-disclosure-standards-121072801556_1.html Tyagi says the market regulator is examining free float in listed companies Ajay Tyagi, Chairman, Sebi The Securities and Exchange Board of India
Can a registered will be challenged in court? – 5 common doubts about writing a will resolved | The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/5-common-doubts-about-writing-a-will-resolved/can-a-registered-will-be-challenged-in-court/slideshow/84549645.cms A Will is a document written by a living person stating his/her wishes to be executed after his/her death. You can simply write
Domestic solar companies wary over the looming expiry of safeguard duties – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/domestic-solar-companies-cagey-over-the-looming-expiry-of-safeguard-duties/article35553765.ece Fear that lack of import barrier on solar modules and policy vacuum will put the sector’s survival at stake Domestic solar manufacturers stare
Papad is papad, irrespective of size and shape, rules Gujarat AAR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/papad-will-be-papad-even-if-there-is-change-in-shape-and-size/article35559891.ece GST not to be applicable Papad appears to be flavour of the season for Gujarat’s Authority of Advance Rulings (GAAR) whose latest ruling
NCLAT to hear FD holders’ plea in DHFL resolution case on Sept 16 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/nclat-to-hear-fd-holders-plea-in-dhfl-resolution-case-on-sept-16/article35560086.ece Petitioners plan to move SC for interim protection The National Company Law Appellate Tribunal (NCLAT) has refused to grant a stay on the
Gold reserves with RBI surged over 12 times in 20 years: Govt data – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gold-reserves-with-rbi-surged-over-12-times-in-20-years-govt-data/article35562643.ece Around ₹50,000 crore lying as unclaimed deposit with banks, insurance companies Gold reserves with the Reserve Bank of India surged over 12 times
