Clipped from: https://indianexpress.com/article/opinion/startups-india-economy-7194625/ By providing startups the right regulatory architecture and local sources of funding, India can create an innovative and resilient economy In order to
Category: Budget
6 income tax changes taxpayers should know about–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/budget-for-the-salaried/budget-2021-6-income-tax-changes-taxpayers-should-know-about/story/429937.html The time-limit for re-opening of assessment is being reduced to 3 years. Originally this was six years. Re-opening of assessment up to ten
Budget unleashes reforms in tax dispute resolution mechanism–business today
Clipped from: https://www.businesstoday.in/union-budget-2021/columns/budget-unleashes-reforms-in-tax-dispute-resolution-mechanism/story/429938.html Substantial changes have been introduced in relation to Tax Dispute Resolution mechanism to impart greater efficiency, transparency and accountability by eliminating interface to
Mobile device makers press for 2021 as zero year under PLI scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/mobile-device-makers-press-for-2021-as-zero-year-under-pli-scheme-121032700064_1.html Companies eligible for the scheme ask govt to invoke force majeure clause Mobile device players say that they have had a couple of
A DFI is a good idea, but it must not function like a PSU – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-dfi-is-a-good-idea-but-it-must-not-function-like-a-psu/2214970/ If the govt lowers its stake to below 50%, the 3Cs won’t apply to the DFI; how it is staffed will also be
PLI helping big auto firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-helping-big-auto-firms/article34101860.ece Eligibility norms shouldn’t be skewed against small units The lion’s share has gone to the automotive and auto-component industries — ₹57,042 crore over
DFI bond subscribers to get tax reimbursement from Centre’s Rs 5K cr grant | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dfi-bond-subscribers-to-get-tax-reimbursement-from-centre-s-rs-5k-cr-grant-121031900047_1.html The Cabinet on Tuesday approved the Bill to create the government-promoted DFI The Rs 5,000-crore corpus will also help in defraying hedging costs
Scrappage plan has sops for buying new vehicles, pain for driving old ones | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/scrappage-plan-has-sops-for-buying-new-vehicles-pain-for-driving-old-ones-121031801400_1.html Policy will increase business, employment and reduce pollution, says transport minister Automakers count on the new policy to boost sales that crashed when
Scrapping policy will depend on integrity of fitness centres: R C Bhargava | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/scrapping-policy-will-depend-on-integrity-of-fitness-centres-r-c-bhargava-121032000048_1.html The policy statement for the first time recognises that there is a need to ensure that vehicles are fit for continued use, says
How Budget 2021 has reduced taxpayers’ rights – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-budget-2021-has-reduced-taxpayers-rights/2215634/ The decision to abruptly replace two quasi-judicial authorities (the Income-Tax Settlement Commission and the Authority for Advance Rulings) with administrative Boards negatively impacts
GST cut needed to make the scrappage policy work – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-cut-needed-to-make-the-scrappage-policy-work/2216408/ Given the impact on the environment, both the Centre & states must help encourage users to scrap their vehicles Gadkari has said that
Solar sector needs the right policy push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/solar-sector-needs-the-right-policy-push/article34111014.ece India’s solar sector is heavily dependent on imports currently. – Getty Images/iStockphoto India’s solar sector is heavily dependent on imports currently. – Getty
Scrappage policy will have revolutionary impact: Renault India CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/scrappage-policy-will-have-revolutionary-impact-renault-india-ceo/article34106146.ece Will elevate auto manufacturing in India to global standards The announcement of a scrappage policy by the Central government is indeed a historic
DFI goes back to the future: Will changes boost infra funding in India? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dfi-goes-back-to-the-future-will-changes-boost-infra-funding-in-india-121032501407_1.html The Bill suggests that the government has learned from past mistake The DFI will get government guarantees for its repayment, and support through
Vikas Malu hires top lawyers to stop Indian government from taxing his global income – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/vikas-malu-hires-top-lawyers-to-stop-indian-government-from-taxing-his-global-income/articleshow/81693413.cmsSynopsis Represented by Harish Salve, Abhishek Singhvi, and Nalin Talwar, the UAE-based businessman belonging to the Kuber group, moved the Supreme Court on Wednesday,
DGFT to go fully digital, contactless, faceless, paperless: Commerce Secretary – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/dgft-to-go-fully-digital-contactless-faceless-paperless-commerce-secretary/article34134949.ece Department to help States prepare annual export ranking index for districts The Directorate General of Foreign Trade (DGFT) will soon be completely digitised
Clarify taxation of PF contributions–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/clarify-taxation-of-pf-contributions/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The government needs to clarify, at the earliest,
Wanted: A secondary market for bank loans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/wanted-a-secondary-market-for-bank-loans/article34153018.ece This is of vital importance for price discovery of loans and to restore the health of Indian banks With the Finance Minister’s announcement
How bad bank model of ARC, AMC would work to manage NPAs–business today
Clipped from: https://www.businesstoday.in/opinion/columns/how-bad-bank-model-of-arc-amc-would-work-to-manage-npas/story/433303.html The proposed two-tier ARC, AMC framework, ostensibly created with public structure and private sector in mind for the respective entities, may create more
Success of PLI scheme depends on how well Apple’s India plans shape up | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/success-of-pli-scheme-depends-on-how-well-apple-s-india-plans-shape-up-121032301454_1.html India is to be Apple’s second significant global hub The crucial issue is the government’s restrictions on Chinese foreign direct investment, which could
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