Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/tata-mistry-person-who-sets-own-house-on-fire-doesnt-deserve-to-be-in-decision-making-body-says-sc/articleshow/81712082.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The top court said it is an irony that the very same person who represents shareholders owning just 18.37 per cent of the
Category: Legal
SPAC Tax Issues: Round tripping, taxation issues to mar billion dollar ‘SPAC’ dreams of Indian firms, unicorns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/round-tripping-taxation-issues-to-mar-billion-dollar-spac-dreams-of-indian-firms-unicorns/articleshow/81718113.cms Synopsis–Indian firms face hurdles akin to those faced by Indian and MNC mergers in past Indian startups and companies that are hoping to
tata-mistry case: SC should have looked at bigger issues beyond Tata-Mistry conflict: Anil Singhvi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/sc-should-have-looked-at-bigger-issue-beyond-tata-mistry-conflict-anil-singhvi/articleshow/81705271.cmsSECTIONSSC should have looked at bigger issues beyond Tata-Mistry conflict: Anil SinghviLast Updated: Mar 26, 2021, 03:22 PM ISTSynopsis SC restricting itself to only
Wave Mega City Centre moves NCLT for voluntary resolution to protect buyers
Clipped from: https://www.businesstoday.in/current/corporate/wave-mega-city-centre-moves-nclt-for-voluntary-resolution-to-protect-buyers/story/435018.html On Friday, the company moved NCLT to protect the interest of buyers in the project who are left stranded after the Noida Authority
ED raids 2 premises of ex-United Bank MD Archana Bhargava in disproportionate asset case
Clipped from: https://www.businesstoday.in/sectors/banks/ed-raids-2-premises-ex-united-bank-md-archana-bhargava-money-laundering/story/434982.html As per the FIR (first information report), she amassed disproportionate assets to the tune of Rs 3.63 crore when she held senior positions
The gridlock in the judicial system weakens India’s capacity for justice delivery
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/the-gridlock-in-the-judicial-system-weakens-indias-capacity-for-justice-delivery/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
Almost 40% of RTI rejections last year did not invoke valid reason: analysis – The Hindu
Clipped from: https://www.thehindu.com/news/national/almost-40-of-rti-rejections-last-year-did-not-invoke-valid-reason-analysis/article34171928.ece?homepage=true 90% of PMO rejections failed to cite any exemption clause under the Act The Centre has only rejected 4.3% of all Right to
Why digital payment is a public good – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-digital-payment-is-a-public-good/article34093572.ece The RBI’s move to allow private players as ‘new umbrella entities’ to operate the retail payments system is risky A robust and secure
How the OTT landscape is set to change in India – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/how-the-ott-landscape-is-set-to-change-in-india/article34093298.ece Why did the Central government bring in new rules for OTT content? These rules also came after the Information and Broadcasting Ministry had
Faceless assessment will upgrade Customs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/faceless-assessment-will-upgrade-customs/article32153015.ece Interface for virutal examination – Getty Images/iStockphoto Interface for virutal examination – Getty Images/iStockphoto× It will do away with rent-seeking and bring in
Compute tax demand for all assessees by Aug 31, dispose of pending appeals: CBDT chief to taxmen – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/compute-tax-demand-for-all-assessees-by-aug-31-dispose-of-pending-appeals-cbdt-chief-to-taxmen/article32252080.ece With tepid collections proving to be a challenge in meeting tax revenue goals, CBDT Chairman P C Mody has set monthly targets for
GST relief: Interest only on net cash liability from July 1, 2017 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-relief-interest-only-on-net-cash-liability-from-july-1-2017/article32666128.ece Will not include cases where show-cause notice was issued for payment on gross basis The Central Board of Indirect Taxes and Custom (CBIC)
CBIC to review performance of lawyers on monthly basis – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cbic-to-review-performance-of-lawyers-on-monthly-basis/article32754100.ece To ensure interests of revenue authorities are effectively represented before HCs The Central Board of Indirect Taxes and Customs (CBIC) has decided to
CBIC effects policy shift regarding show cause notice on Customs-related matters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/cbic-effects-policy-shift-regarding-show-cause-notice-on-customs-related-matters/article34099258.ece Only Jurisdictional Commissionerate will issue such notices, not the DRI In a major policy shift, the Central Board of Indirect Taxes and Customs
DCB Bank’s two senior officials settle insider trading case with Sebi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/two-individuals-settle-insider-trading-case-with-sebi-by-paying-rs-1-61-cr/articleshow/81436148.cmsSynopsis Sebi had conducted an investigation in respect of insider trading activities of certain entities in the shares of DCB Bank for the period
Devise gender sensitisation courses for lawyers, judges: Supreme Court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/devise-gender-sensitisation-courses-for-lawyers-judges-supreme-court/articleshow/81574759.cmsSynopsis HC’s order amounted to transforming the alleged molester into a brother by a judicial mandate and had the effect of eroding the offence
Income Escaping Assessment – A Revamped Law On Reassessment Proceedings – Tax – India–Mondaq.com
Clipped from: https://www.mondaq.com/india/income-tax/1035508/income-escaping-assessment-a-revamped-law-on-reassessment-proceedings As the dust settles and the excitement subsides over Budget 2021 announcements, it is now an opportune time to examine the fine print
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
Soft-touch regulation for digital lending – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/soft-touch-regulation-for-digital-lending/2215702/ A data protection law could help, as also formally recognising industry efforts to certify genuine platforms Similarly, on the data protection aspect, a
Buyer entitled to a refund upon delay | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/buyer-entitled-to-refund-upon-delay-121032100766_1.html The purchaser can’t be made to wait endlessly just because the builder fails to fulfil his contractual obligation to obtain the Occupancy Certificate
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