Clipped from: https://economictimes.indiatimes.com/nri/invest/taxation-of-nris-under-indian-income-tax-act/articleshow/83032625.cmsSynopsis Section 6 of the Income Tax Act prescribes provisions for determination of residential status of an individual. Residential Status is determined by the
Category: ART
FISME writes to RBI’s Shaktikanta Das; suggests funding cash losses, suspending SMA norms, others for MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/fisme-writes-to-rbis-shaktikanta-das-suggests-funding-cash-losses-suspending-sma-norms-others-for-msmes/2260116/ FISME also suggested sanctioning term loans to firms whose capital expenditure may have got stuck midway, suspending bank loan ratings by external credit
‘SC ruling to hold personal guarantor liable in insolvency cases to strengthen MSMEs’ credit discipline’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/sc-ruling-to-hold-personal-guarantor-liable-in-insolvency-cases-to-strengthen-msmes-credit-discipline/2258952/ The judgment will also encourage the promoters to use the pre-pack regime for MSMEs to find resolutions acceptable to the creditors and strengthen
Spend, government, spend, to trigger growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/spend-government-spend-to-trigger-growth/articleshow/83015138.cmsSynopsis Higher spending is needed to contain the toll on the economy due to lockdowns in the second wave of the pandemic. At this
A judicial review would be welcome – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-judicial-review-would-be-welcome/articleshow/83015486.cmsSynopsis There can be no question that no one can be allowed to defy the law, whether delusional administrators put in charge of small
Experts suggest fiscal measures to boost demand amid pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/experts-suggest-fiscal-measures-to-boost-demand-amid-pandemic/articleshow/83016290.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis This targeting spending is also required for contact-based services that have borne the brunt of the pandemic since last year, economists said even
Key takeaways from newly notified anti-abuse rules for tax valuation of slump sale – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/key-takeaways-from-newly-notified-anti-abuse-rules-for-tax-valuation-of-slump-sale/articleshow/83001497.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Though seemingly well intentioned, the FMV Rules for slump sale had the potential to create enormous uncertainty for taxpayers if they were based
NCLT directs power distribution firm not to take any coercive action against Sterling Biotech – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/nclt-directs-power-distribution-firm-not-to-take-any-coercive-action-against-sterling-biotech/articleshow/82999075.cmsSynopsis Sterling Biotech’s liquidator had approached the Mumbai bench of the National Company Law Tribunal (NCLT), with a plea to restrain Madhya Gujarat Vij
Jio seeks Reliance Infratel’s forensic audit reports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/jio-seeks-rel-infratels-forensic-audit-reports/articleshow/83015527.cmsSynopsis The probe, which looked at transactions between May 2017 and March 2018, found three large entries buried under hundreds of thousands of others
WhatsApp’s legal tussle with govt helps Telegram get a signal booster | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/whatsapp-s-legal-tussle-with-govt-helps-telegram-get-a-signal-booster-121052800020_1.html Telegram is now number one in downloads, having pushed WhatsApp to fourth position The government had come out with IT guidelines which were
Housing demand to reach pre-Covid levels only after FY23: Crisil – The Financial Express
Clipped from: https://www.financialexpress.com/industry/housing-demand-to-reach-pre-covid-levels-only-after-fy23-crisil/2260284/ “However, absolute demand will catch up with pre-pandemic levels only after fiscal 2023. The demand in the first half of this fiscal (FY22)
Choose security & privacy: Both govt & WhatsApp need to moderate their stances – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/choose-security-privacy-both-govt-whatsapp-need-to-moderate-their-stances/2260337/ Can’t have security trumping privacy and vice versa For its part, the government needs to take a fresh look at the rules and
Behind Reserve Bank of India’s bonanza to the Centre – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/behind-reserve-bank-of-indias-bonanza-to-the-centre/2260386/ Even though income fell 10.96%, expenditure decreased by a whopping 63.10% enabling RBI to provide this bonanza Exchange gain/ loss from forex transactions,
How the RBI managed a large surplus transfer to the Centre in a difficult year – NEWS – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/article34662955.ece The Covid-19 pandemic dealt a hard blow to the Indian economy in 2020-21 and RBI had a tough job in supporting growth, ensuring
The great divide | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-great-divide-121052701650_1.html After the epidemic, we will again cater to the interests of the privileged class and keep the underprivileged quiet with handouts The Covid
Games promoters play | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/games-promoters-play-121052701658_1.html If a promoter knows that he can afford not to repay loans and buy back his company in the bankruptcy court at a
Accounting gains | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/accounting-gains-121052701630_1.html RBI’s higher surplus transfer has limits The Reserve Bank of India (RBI) released its annual report on Thursday, its first after a shift in the
Online fraud alert: Deny remote access to your laptop, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/online-fraud-alert-deny-remote-access-to-your-laptop-say-analysts-121052600024_1.html If you do give access, monitor service provider’s activity New users of digital payment services are especially vulnerable During the Covid-19 pandemic, online
We are the Tesla of credit cards: Slice founder & CEO Rajan Bajaj | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/we-are-the-tesla-of-credit-cards-slice-founder-ceo-rajan-bajaj-121052300882_1.html We have a non-banking financial company (NBFC) that provides the financing for transactions. Rajan Bajaj, the founder and chief executive officer of Slice
Explained: How new Facebook feature flags misinformation | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/facebook-misinformation-fake-news-tool-7332659/ Facebook will reduce the distribution of all posts in News Feed from an individual’s account if they repeatedly share content that has been
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