Clipped from: https://www.financialexpress.com/money/income-tax/do-you-need-to-invest-only-the-gain-amount-or-entire-sale-value-of-house-property-to-save-tax/2213309/ If a house property is sold within 24 months from the date of purchase, the gain amount, if any, is considered as Short-Term
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Insurance Cover: Bank depositors to get access to funds in 90 days – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/insurance-cover-bank-depositors-to-get-access-to-funds-in-90-days/2213323/ The Budget announcement had come after Punjab and Maharashtra Co-operative Bank faced a grave fraud, with customers demanding their entire money back. Subsequently,
DHFL: How money moved in circles in DHFL insurance deals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/money-moved-in-circles-in-dhfl-insolvency-case/articleshow/81503546.cms SynopsisThe link between TDH and DHFL’s insurance business follows a complex trail of transactions that show that DHFL had funded entities that in
Bond storm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/bond-storm/article34076582.ece?homepage=true SEBI’s perpetual bonds diktat protects retail investors, but fallout could have been anticipated The Securities Exchange Board of India’s circular to streamline ownership
GST defaulter: Bank a/cs of family members cannot be attached, says Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/hc-orders-release-of-bank-accounts-belonging-to-family-members-of-a-gst-assessee/article34073537.ece?homepage=true Bombay HC rules it is a serious invasion into the private domain of the taxpayer Bank accounts of family members of a GST
Supreme Court shuts back-door arrangement for defaulting promoters | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/supreme-court-shuts-back-door-arrangement-for-defaulting-promoters-121031600048_1.html The SC order barred promoters of Gujarat NRE Coke, a defaulting company, from proposing a revival plan in the event of liquidation under
Need to make cryptocurrency illegal: An ‘official cryptocurrency’ can create confusion & unease amongst citizens – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/need-to-make-cryptocurrency-illegal-an-official-cryptocurrency-can-create-confusion-unease-amongst-citizens/2212600/ The fight against black money is still on and tax data does not show that there has been encouraging success in this area.
E-commerce seller body AIOVA cries foul over ‘exclusion’ from policy discussions; writes to Cabinet Secretary | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/e-commerce-seller-body-aiova-cries-foul-over-exclusion-from-policy-discussions-writes-to-cabinet-secretary/2213320/ Ease of Doing Business for MSMEs: In order to ensure fair competition among sellers on the e-commerce marketplaces such as Amazon and Flipkart,
cyber security: Follow these 10 steps to ensure your online financial data remains safe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/follow-these-10-steps-to-ensure-your-online-financial-data-remains-safe/articleshow/81480488.cmsSynopsis With financial transactions being increasingly carried out online, it is becoming difficult to keep hackers and frauds at bay. Find out how you
Centre hasn’t agreed to proposals on increasing work hours: Labour minister Santosh Gangwar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/centre-hasnt-agreed-to-proposals-on-increasing-work-hours-labour-minister-santosh-gangwar/articleshow/81511794.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “During an existing pandemic, the ministry of labour & employment has received the draft ordinances/bills from different state governments through the ministry of
Gujarat reports 4th-highest GST frauds in India | Ahmedabad News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/ahmedabad/state-reports-4th-highest-gst-fraud/articleshow/81418760.cms AHMEDABAD: With rising number of fake billing scams and those involving illicit claiming of input tax credit (ITC), Gujarat reported fourth highest number
Cloth trader from Ahmedabad hangs self after GST notice | Ahmedabad News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/ahmedabad/cloth-trader-hangs-self-after-gst-notice/articleshow/80159137.cms AHMEDABAD: A 50-year-old cloth trader from Isanpur, Bharat Chandel, committed suicide on Wednesday afternoon at his house by hanging himself.Isanpur police which is
Need to make cryptocurrency illegal: An ‘official cryptocurrency’ can create confusion & unease amongst citizens – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/need-to-make-cryptocurrency-illegal-an-official-cryptocurrency-can-create-confusion-unease-amongst-citizens/2212600/ The fight against black money is still on and tax data does not show that there has been encouraging success in this area.
Exempt independent directors from vicarious criminal liability: CII – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/exempt-independent-directorsfrom-vicarious-criminal-liability-cii/article34066952.ece?homepage=true Confederation of Indian Industry (CII) has called for legislative amendment to company law to expressly exempt independent directors from vicarious criminal liability as
NSE outage: More serious questions | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/nse-outage-more-serious-questions-121031400920_1.html The outage caused a serious embarrassment, not only for the NSE but also for the Securities and Exchange Board of India (Sebi) and
India will not ‘shut off’ all cryptocurrency, wants blockchain: Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/india-will-not-shut-off-all-cryptocurrency-wants-blockchain-sitharaman-121031400754_1.html Bitcoin, the world’s biggest and earlier cryptocurrency, has crossed a record high of $60,000. Financial technology (fintech) firms depend on blockchain, the backbone
Software royalty case: How SC upheld the primacy of tax treaties over domestic tax law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/software-royalty-case-how-sc-upheld-the-primacy-of-tax-treaties-over-domestic-tax-law/articleshow/81498824.cms Synopsis–Rejecting the revenue’s plea that persons required to deduct tax at source do not fall within the subject matter of tax treaties, it
Better resolution of policyholders’ complaints – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/insurance-better-resolution-of-policyholders-complaints/2207441/ Insurance ombudsman rules have been amended to allow policyholders to lodge complaints digitally and ensure faster resolution The ombudsman acts as a counsellor
To clear dishonoured cheque cases, SC Bench proposes fast-track courts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/sc-bench-proposes-fast-track-courts/article33991089.ece Retired judges could preside over these temporary additional courts, suggests five-judge Bench A Constitution Bench of the Supreme Court, on Thursday, proposed the
Loan-book fraud: Former Religare MD named beneficiary of ₹34 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/loan-book-fraud-former-religare-md-named-beneficiary-of-34-crore/article33991222.ece The Economic Offences Wing (EOW) of the Delhi Police has named Sunil Godwani, former MD of financial services firm Religare Enterprises, as the
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