Clipped from: https://www.financialexpress.com/economy/global-minimum-corporate-tax-rate-the-googly-icc-has-dodged-for-years-and-how-it-may-help-nations/2267436/ By a conservative estimate, tax havens deprive countries of taxes amounting to 30 Lakh Crores every single year. Rishi Sunak, the Indian origin
Category: ART
G7 floor tax rate good, but a global tax regime a tough challenge – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/g7-floor-tax-rate-good-but-a-global-tax-regime-a-tough-challenge/2267698/ Achieving a global consensus on the proposal is a tough challenge as market jurisdictions will have their own sets of reservations The communique
DHFL resolution: 63 Moons, FD holders to challenge NCLT order – The Financial Express
Clipped from: https://www.financialexpress.com/industry/dhfl-resolution-63-moons-fd-holders-to-challenge-nclt-order/2267773/ The firm wants the creditors of DHFL to receive the money, instead of the buyer (PCHFL), in case recovery happens in the alleged
Kerala AAR classifies banana, jackfruit and tapioca chips as roasted/fried vegetable products, to attract 12% GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/kerala-aar-classifies-banana-jackfruit-and-tapioca-chips-as-roastedfried-vegetable-products-to-attract-12-gst/article34771638.ece Unbranded namkeen attracts GST at 5 per cent, while branded namkeen attracts 12 per cent The Kerala Authority of Advance Ruling (AAR) has
Bank accounts can’t be attached at the cost of Right to Business: Madras HC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/bank-accounts-cant-be-attached-at-the-cost-of-right-to-business-madras-hc/article34761074.ece DGGI files case against Chennai-based firm following allegation that it had fraudulently availed input tax credit The Madras High Court has held that
Govt seeks comments on proposed revision in WPI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/govt-seeks-comments-on-proposed-revision-in-wpi/article34761805.ece New product coverage, separate solar index under electricity, auction prices for coal, electricity suggested The government has sought public comments by June 20
Global minimum corporate tax rate: The ‘googly’ ICC has dodged for years and how it may help nations – The Financial Express
Clipped from: https://www.financialexpress.com/economy/global-minimum-corporate-tax-rate-the-googly-icc-has-dodged-for-years-and-how-it-may-help-nations/2267436/ By a conservative estimate, tax havens deprive countries of taxes amounting to 30 Lakh Crores every single year. Rishi Sunak, the Indian origin
Salaried employee working from home? Check Income Tax rules for e-filing ITR on new portal – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/salaried-employee-working-from-home-check-income-tax-rules-for-e-filing-itr-on-new-portal/2267172/ Income Tax Return (ITR) filing for salaried employees during work from home 2021: The Income Tax filing season has started. New e-filing portal
Before claiming Section 80C Income Tax deductions, be aware of these conditions – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/before-claiming-section-80c-income-tax-deduction-be-aware-of-these-conditions/2267264/ All of us avail tax benefits under Section 80C of the Income Tax Act, but only a few are aware that these benefits
Higher interest rates soon: When to reallocate funds in investment portfolio, where to invest? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/higher-interest-rates-soon-when-to-reallocate-funds-in-investment-portfolio-where-to-invest/articleshow/83257422.cms SynopsisIt is important to sometimes reallocate funds within your portfolio. It is even more important to do so at the right time. How
Fed tapering and emerging markets | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fed-tapering-and-emerging-markets-121060701505_1.html The year 2021 will be one of the strongest years for global growth in history One of the big risks for emerging market
Print money and finance fiscal deficit? Why RBI doesn’t agree with idea | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/print-money-and-finance-fiscal-deficit-why-rbi-doesn-t-agree-with-idea-121060700362_1.html The central bank has managed the government’s borrowing programme well, helping in liquidity. Globally, central banks are funding the stimulus through their “unparalleled
All you wanted to know about insider trading – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34755136.ece Last week, the securities market regulator found two Infosys employees guilty of insider trading. In July 2020, the two apparently passed on price-sensitive
Your Queries – Income Tax: Grandfathering provision doesn’t affect set-off of long term capital loss from equity – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-grandfathering-provision-doesnt-affect-set-off-of-long-term-capital-loss-from-equity/2266933/ One needs to file ITR only when gross total income in a financial year exceeds the basic exemption limit. Income from share trading
RBI adopts the Fed’s policy mantra – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rates-more-rbi-adopts-the-feds-policy-mantra/2266953/ Policy status quo for now, but normalisation to begin 4Q 2021. RBI’s assessment of the second wave impact on Q2 GDP growth too
Amid inflation worries, RBI prioritises growth – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/amid-inflation-worries-rbi-prioritises-growth/2267008/ RBI doesn’t have much comfort room, but it is using the tools it has; the govt must now pull its weight on supporting
Revenge spending: Auditors are facing a new challenge – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/revenge-spending-auditors-are-facing-a-new-challenge/articleshow/83328817.cms SynopsisGoing concern is a concept in auditing where auditors have to raise red flags for heavily debt ridden or other companies on whether
Know what investment utilisation ratios say about a firm – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-know-what-investment-utilisation-ratios-say-about-a-firm/2266923/ Fixed Assets Turnover is computed by dividing the revenue of a firm by its tangible fixed assets. For all the five ratios, higher
Why GDP data is irrelevant to markets | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-gdp-data-is-irrelevant-to-markets-121060700003_1.html Technology has changed how we collect data and which data set is more reliable This is my third piece in a series that
Hike corporation taxes now: GVA underscores disparity between India Inc & MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/hike-corporation-taxes-now-gva-underscores-disparity-between-india-inc-msmes/2266265/ A retrospective higher tax for FY21 not out of place On the contrary, fat-cat corporations and banks that were, in any case, raking
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