Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/hold-crypto-assets-heres-how-you-are-going-to-pay-income-tax-on-it/articleshow/83277122.cmsSynopsis India’s tax authorities have not yet categorized returns from cryptocurrencies under any specific bracket and there have been no judicial precedents in this
Category: ART
All about global minimum tax, and what it means for India and the world – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/international/all-about-global-minimum-tax-and-what-it-means-for-india-and-the-world/articleshow/83277456.cmsSynopsis Why a global minimum tax? Major economies are aiming to discourage multinationals from shifting profits — and tax revenues — to low-tax countries
Labour codes on the cards: Cos’ PF liability to go up, workers to see reduction in take-home pay – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-codes-on-the-cards-cos-pf-liability-to-go-up-workers-to-see-reduction-in-take-home-pay/articleshow/83277233.cmsSynopsis The ministry had finalised the rules under the four Labour codes. But these could not be implemented because many states were not in
Are Bitcoins & NFTs opportunities or Ponzi schemes? – SWAMINOMICS: The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/swaminomics-are-bitcoins-nfts-opportunities-or-ponzi-schemes/articleshow/83275976.cmsSynopsis You could call this a huge democratisation of wealth, enabling youngsters with no inherited wealth or networks to beat old wealth by creating,
The great Indian tax paradox: Can the tax mop-up keep its pace in the current fiscal? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/the-great-indian-tax-paradox-can-the-tax-mop-up-keep-its-pace-in-the-current-fiscal/articleshow/83265391.cmsSynopsis Augmenting tax collection is critical. If the pandemic continues, pro-poor schemes will need more resources. Ramping up the heath infrastructure to prepare for
Labour codes on the cards: Cos’ PF liability to go up, workers to see reduction in take-home pay – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-codes-on-the-cards-cos-pf-liability-to-go-up-workers-to-see-reduction-in-take-home-pay/articleshow/83277233.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The ministry had finalised the rules under the four Labour codes. But these could not be implemented because many states were not in
New e-filing website www.incometax.gov.in Live News: Free ITR software for Forms ITR-1, 2, 4 | new efiling website benefits | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/new-e-filing-website-www-incometax-gov-in-live-updates-benefits-highlights/2266070/ New e-filing website (www.incometax.gov.in) launch: Along with the launch of the new e-filing portal, the Income Tax Department will also provide free of
New online tax payment system, mobile app to be launched later: CBDT | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/new-online-tax-payment-system-mobile-app-to-be-launched-later-cbdt-121060501067_1.html The CBDT said a proposed new online tax payment system and a mobile app on its soon-to-be launched advanced e-filing website will be
Time to reset our moral compass | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/time-to-reset-our-moral-compass-994251.html Mohamed Zeeshan Great powers are often built on the ruins of a catastrophe. Japan and Germany went into World War II as self-destructive
Should taxes on petro products be reduced? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/should-taxes-on-petro-products-be-reduced/article34701363.ece The govt cannot afford to as it spends a huge amount on crude oil imports and petro goods are a healthy source of
New tax portal to make self-filing a breeze but proceed with caution | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/new-tax-portal-to-make-self-filing-a-breeze-but-proceed-with-caution-121060200008_1.html Be doubly cautious if filing via a mobile app The new portal will be integrated with the I-T department’s central processing centre. This
Changing GST rates for Covid-supplies no panacea – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/changing-gst-rates-for-covid-supplies-no-panacea/2263326/ The solution lies in ensuring adequate supply and not making ad hoc changes to GST rates As there is market failure due to
Top five lifestyle retailers save Rs 2,700 cr in costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/top-five-lifestyle-retailers-save-rs-2700-cr-in-costs/articleshow/83163596.cms SynopsisTop five listed lifestyle retailers and quick service restaurants – Aditya Birla Fashion and Retail, Shoppers Stop, Trent, Burger King, and Westlife Development
GST revenue falls to Rs. 1.02 lakh crore in May – Today’s Paper – The Hindu
Clipped from: https://www.thehindu.com/todays-paper/gst-revenue-falls-to-rs-102-lakh-crore-in-may/article34742510.ece Lowest collections since Sept. 2020 India’s Gross GST revenue fell to Rs. 1.02 lakh crore in May, from a record Rs. 1.41 lakh
Watch: RBI Governor Shaktikanta Das on Monetary Policy meet outcome, Video Gallery – Business Standard
Clipped from: https://www.business-standard.com/multimedia/video-gallery/general/watch-rbi-governor-shaktikanta-das-on-monetary-policy-meet-outcome-125991.htmhttps://www.youtube.com/embed/HEuskFTU_WI Watch: RBI Governor Shaktikanta Das on Monetary Policy meet outcome The Reserve Bank of India (RBI) kept interest rates steady at record lows
RBI monetary policy: Pursuing growth in times of high inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-monetary-policy-pursuing-growth-in-times-of-high-inflation-121060500031_1.html The RBI officials stated the MPC believes that inflation is ‘not persistent’ and that there is ‘no thinking’ about policy normalisation Unlike the
Slow and steady the way to Go, RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/slow-and-steady-the-way-to-go-rbi/articleshow/83214440.cmsSynopsis IL&FS, Dewan Housing Finance, HDIL — NBFCs have put up scandalous performance, creating a climate that legitimises drastic action, even makes its absence
P Chidambaram’s 5-point guide for Modi govt on how to fix Covid-battered economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/p-chidambarams-5-point-guide-for-modi-govt-on-how-to-fix-covid-battered-economy/articleshow/83215411.cmsSynopsis he unemployment rate that was 5.48% in June 2018 has once again spiked to 11.86%. The Labour Force Participation Rate has fallen from
The puzzle of the surge in currency-in-circulation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-puzzle-of-the-surge-in-currency-in-circulation/2264691/ We are perhaps looking at a scenario where high unemployment and high inflation coexist, like in the 1970s There may also be cases
National floor wages: Govt sets up another panel, gives it 3 years – The Financial Express
lipped from: https://www.financialexpress.com/industry/national-floor-wages-govt-sets-up-another-panel-gives-it-3-years/2264592/ The wage code also empowers the central government to fix national floor level minimum wages (NFLMW), below which no state can set their
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