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
Category: Legal
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
NSE’s silence led to panic sell-off: ANMI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/nses-silence-led-to-panic-sell-off-anmi/article33935217.ece Brokers’ body says online brokers squared trades early, unaware of extended trading Members of the stock brokers association ANMI are blaming the National
Google Pay app to give more controls to users – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/google-pay-app-to-give-more-controls-to-users/article34045614.ece Google said on Thursday that starting next week Google Pay’s app settings will provide users with more controls to decide how their activity
Country’s cybersecurity critical for its growth: NCCC chief – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/countrys-cybersecurity-critical-for-its-growth-nccc-chief/2212067/ The National Cyber Coordination Centre chief, Lt Gen (Retd) Rajesh Pant, sounded the alert while pegging the global economic loss due to cybercrime
DGGI Nagpur unit busts fake GST invoice network in Delhi-NCR – The Financial Express
Clipped from: https://www.financialexpress.com/economy/dggi-nagpur-unit-busts-fake-gst-invoice-network-in-delhi-ncr/2211495/ In the first fake invoice network, six of these 11 NCR-based entities had made bogus transactions of goods with the Nashik- and Dhule-based
6 reasons why cryptocurrencies need to be regulated–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/6-reasons-why-cryptocurrencies-need-to-be-regulated/story/433670.html While a ban on private crypto currencies will kill all future innovations in the crypto space, the virtual currencies do need a regulatory
justice indu malhotra: Don’t know any finer judge than Justice Indu Malhotra: CJI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/dont-know-any-finer-judge-than-justice-indu-malhotra-cji/articleshow/81466500.cmsSynopsis Showering all praises on Justice Malhotra, the CJI said that he does not wish to say anything about her judicial acumen as her
China harvesting 20% of world’s data including from India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/china-harvesting-20-of-worlds-data-including-from-india/articleshow/81468028.cmsSynopsis As the virtual private network (VPN) usage grows in countries like India to have a more secure and private Internet browsing experience, a
Finance ministry asks Sebi to withdraw new rule on AT1 bonds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/finance-ministry-asks-sebi-to-withdraw-new-rule-on-at1-bonds/articleshow/81463006.cmsSynopsis Department of Financial Services noted that the recent Sebi order can cause volatility in NAVs of debt funds. In a big development, finance ministry has
A proposed GST amendment may severely impact Indian exporters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/a-proposed-gst-amendment-may-severely-impact-indian-exporters/articleshow/81360362.cms SynopsisAn amendment to Section 16 of the IGST Act may seem harmless, but is capable of having a deep and far-reaching implication for
GST authorities ask field units to ramp up collections, identify defaulting taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-authorities-ask-field-units-to-ramp-up-collections-identify-defaulting-taxpayers/articleshow/81464901.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Experts said that it being the last month of the fiscal year, revenue authorities across jurisdictions are working to garner as much revenue
SC restores NCLT ruling in favour of Dharamshi-Jhunjhunwala consortium in Ricoh India case – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/sc-restores-nclt-ruling-in-favour-of-dharamshi-jhunjhunwala-consortium-in-ricoh-india-case/articleshow/81465274.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The consortium had challenged the ruling of the National Company Law Appellate Tribunal (NCLAT) in the Apex Court that had set aside the
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