Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/all-you-wanted-to-know-about-capital-gains-account-scheme/article34992880.ece The Income Tax (IT) Act provides certain exemptions on capital gains, arising from sale of land, building, or any other long-term capital asset,
Category: ART
Tax Query: How much money can father send to son working abroad? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-how-much-money-can-father-send-to-son-working-abroad/article34994238.ece I am working with The Ramco Cements Limited. I am also an employee of a firm and I pay/ file my annual tax
Jet Airways shares: Jury is still out on whether bankrupt companies be allowed to trade on bourses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/jury-is-still-out-on-whether-bankrupt-companies-be-allowed-to-trade-on-bourses/articleshow/83875278.cmsSynopsis Retail shareholders are often at the losing end of bankruptcy resolutions at companies. Among other recent examples, hundreds of thousands of retail shareholders
Formation of new companies soars in FY21, with a Covid bent – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/formation-of-new-cos-soars-in-fy21-with-a-covid-bent/articleshow/83854148.cmsSynopsis Sectors whose business found salience during the lockdown, such as health & social work, agriculture, education, wholesale trade, retail trade, recreation and sewage
Traveling to the US? What Green Card holders, students, and visitors must know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/nri-helpdesk-traveling-to-the-us-what-green-card-holders-students-and-visitors-must-know/articleshow/83869761.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis For our NRI readers, we have started an immigration helpdesk. Write to us at nri.economictimes@gmail.com and our team of experts will address the
Will India’s central bank go the Fed’s way on monetary policy? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-will-indias-central-bank-go-the-feds-way-on-monetary-policy/articleshow/83850253.cmsSynopsis Just as the US Fed has shown humility in admitting that it probably underestimated inflation risks, and adjusting its dot plots accordingly, MPC
Globalisation, old and new: What changing world order means for India | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/globalisation-old-and-new-what-changing-world-order-means-for-india-121062501074_1.html Globalisation is morphing as new agendas come into focus. These now drive action on climate change, taxation of global companies, tackling terrorism, sharing
Auditing the auditors: A case of too many cooks? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/auditing-the-auditors-a-case-of-too-many-cooks/article34975935.ece The NFRA was set up as a super regulator for the auditing profession. It needs more resources and legal teeth to be effective
‘Gain from jaggery making not agri income’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/gain-from-jaggery-making-not-agri-income/article34971983.ece Madras HC says conversion to jagger not essential to make cane marketable Profit from the sale of jaggery is not agricultural income. Hence,
SEBI mulls new norms to make it easier for companies to delist after open offer – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-mulls-new-norms-to-make-it-easier-for-companies-to-delist-after-open-offer/article34977208.ece Here the acquirer must state in the first public announcement, triggered by the mandatory tender offer, whether delisting is intended In a bid
Will India’s central bank go the Fed’s way on monetary policy? – The Economic Times
Clipped from: https://www.thehindu.com/business/Economy/financial-aid-sought-for-treatment-costs-also-exempt-from-income-tax/article34973930.ece Financial aid sought for treatment costs also exempt from income tax. The government on Friday announced Income tax relief for COVID-19 affected taxpayers
Planning to claim ITC? Here’s how you can do it – The Financial Express
Clipped from: https://www.financialexpress.com/money/planning-to-claim-itc-heres-how-you-can-do-it/2278400/ While claiming ITC in GSTR-3B, one should possess the required documents and consider GSTR-2B, provisional ITC rules, rule 86B. Simply put, ITC is
Post DHFL acquisition, PEL better placed to work on demerger plans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/post-dhfl-acquisition-pel-better-placed-to-work-on-demerger-plans/article34962376.ece?homepage=true Demerger and eventual listing of its financial services and pharma businesses in the works Upbeat about prospects in the current fiscal, Piramal Enterprises
COVID-19 relief up to ₹10 lakh for victims’ families tax-free – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/financial-aid-sought-for-treatment-costs-also-exempt-from-income-tax/article34973930.ece Financial aid sought for treatment costs also exempt from income tax. The government on Friday announced Income tax relief for COVID-19 affected taxpayers
We see rupee devaluing as exports become priority: JM Financial’s Manglunia | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/we-see-rupee-devaluing-as-exports-become-priority-jm-financial-s-manglunia-121062401704_1.html Manglunia tells Puneet Wadhwa that based on risk appetite, there is a lot of value in select names in ‘AA’ category and below,
MCA lightens the corporate reporting burden for more Small and Medium Companies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/mca-lightens-the-corporate-reporting-burden-for-more-small-and-medium-companies/article34938032.ece Widens definition of such companies to enable more to adopt simpler accounting standards The Corporate Affairs Ministry (MCA) has lightened the burden of
‘Covid stimulus measures have not reached a majority of self-employed and small units’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/covid-stimulus-measures-have-not-reached-a-majority-of-self-employed-and-small-units/article34954667.ece CIA and its 40 partner SMB associations release findings of ‘A Mega Survey’ A majority of small businesses have not benefited from the
Lessons from China on bad banks | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/india-bad-bank-national-asset-reconstruction-company-china-7374608/ Such a bank has a temporary purpose, and need not exist in perpetuity. China is struggling with one of its biggest bad banks,
Kapol Co-op bank takes first step towards amalgamation with Pune-based Cosmos Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/kapol-co-op-bank-takes-first-step-towards-amalgamation-with-pune-based-cosmos-bank/article34953208.ece?homepage=true Cosmos has acquired five UCBs Action is hotting up in the urban co-operative banking (UCB) space, with Mumbai-based Kapol Co-operative Bank taking its
Question of value – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/preferential-issues-by-stressed-companies-need-to-be-priced-with-more-rigour/article34954328.ece?homepage=true Preferential issues by stressed companies need to be priced with more rigour The last word has not yet been said in PNB Housing
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