Clipped from: https://economictimes.indiatimes.com/news/economy/policy/only-structural-changes-in-ibc-mechanism-can-help-to-expedite-the-faster-resolution-of-companies/articleshow/80478370.cmsSynopsis The structural reforms needed are an increase in the number of benches, outsourcing of administration function to a specialized agency, clarity on the
Category: Legal
FM does away with the need for GST Audit for a section of taxpayers–the economic times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/budget-2021-fm-does-away-with-the-need-for-gst-audit-for-a-section-of-taxpayers/articleshow/80681164.cms SynopsisThis will bring relief to SMEs that are struggling with the requirement for audits under numerous laws. A least expected yet positive development
Working to change people’s perception about I-T dept to being ‘tax facilitators’ : CBDT chief – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/working-to-change-peoples-perception-about-i-t-dept-to-being-tax-facilitators-cbdt-chief/articleshow/80688047.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Central Board of Direct Taxes (CBDT), the apex decision making body in matters of income tax, has taken up various taxpayer-friendly moves, including
FinMin to clarify on residency status of NRIs stranded in India this fiscal due to Covid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/finmin-to-clarify-on-residency-status-of-nris-stranded-in-india-this-fiscal-due-to-covid/articleshow/80687681.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis There were expectations that the government would clarify on the residency status of these individuals in the 2021-22 Budget, which was presented on
Consequences of delaying the Future-Reliance deal will be “far greater”, says Future Retail – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/consequences-of-delaying-the-future-reliance-deal-will-be-far-greater-says-future-retail/articleshow/80690315.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The court was hearing Future Retail’s plea against its single judge order directing the company to maintain status quo on its Rs 24,713
SEBI ban on Kishore Biyani, others won’t sway Reliance deal, says Future Retail–busienss today
Clipped from: https://www.businesstoday.in/current/corporate/sebi-ban-on-kishore-biyani-others-wont-sway-reliance-deal-says-future-retail/story/430295.html Future Retail Ltd (FRL), in a late-night regulatory filing on Wednesday, February 3, said the order “will have no impact on the ongoing
Hackers build fake version of WhatsApp to extract sensitive info from iPhone users
Clipped from: https://www.businesstoday.in/technology/news/hackers-build-fake-version-of-whatsapp-to-extract-sensitive-info-from-iphone-users/story/430290.html A website with domain config5-dati[.]com was telling iPhone users to download the fake WhatsApp app which was not actually a mobile application but
SEBI ban on Kishore Biyani, others won’t impact deal with Reliance: Future Retail – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-ban-on-kishore-biyani-others-wont-impact-deal-with-reliance-future-retail/articleshow/80685675.cmsSynopsis In a separate statement, Future Corporate Resources Pvt Ltd (FCRPL) said the SEBI order “has taken care to exclude dealings in securities under
Kishore Biyani barred from accessing securities market in insider trading case – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/sebi-bars-future-group-ceo-kishore-biyani-from-accessing-securities-market-for-1-year/articleshow/80670987.cmsSynopsis Kishore Biyani won’t be allowed to buy, sell or deal in securities of Future Retail for two years. MUMBAI: India’s market regulator on Wednesday barred Future
MCA initiates decriminalisation of LLP Act – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-initiates-decriminalisation-of-llp-act/articleshow/80671734.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government will decriminalise 12 compoundable offences under the Act and will omit section 73, which relates to penal provisions in case of
Sebi bans Kishore Biyani, others from securities market for one year for indulging in insider trading – The Financial Express
Clipped from: https://www.financialexpress.com/market/sebi-bans-kishore-biyani-others-from-securities-market-for-one-year-for-indulging-in-insider-trading/2187203/ Apart from Kishore Biyani, who was the CMD and promoter of Future Retail Ltd (FRL), others facing ban are Future Corporate Resources Pvt
India can now create Aatmanirbhar secured internet | Deccan Herald
Clipped from: https://www.deccanherald.com/business/technology/india-can-now-create-aatmanirbhar-secured-internet-947156.html The DoT had released the first and second roadmap to roll out IPv6 addresses in the country in 2010 and 2012 With over
Ineffective nudge – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/ineffective-nudge/article33698083.ece The sketchy scrappage policy may neither promote replacement nor spur the economy A scrappage policy to take polluting vehicles off the roads and
Unblocking of handles: IT Ministry notice to Twitter warns of consequences | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/twitter-accounts-farmers-protest-it-ministry-notice-7172690/ Around 100 Twitter accounts and 150 tweets related to the farmers’ protests went off the microblogging platform on Monday morning as the IT
The curious case of rising bank frauds | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/the-curious-case-of-rising-bank-frauds-944528.html RBI must create a new route map for banking supervision that is accountable to both the State and the taxpayer Representative image/Credit: Pixabay
Will women be safe under police gaze? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/will-women-be-safe-under-police-gaze-946779.html The proposal for registration of women is also unsound and may even be dangerous Representative image. Credit: iStock photo. Two proposals that the
Future to challenge court order blocking retail deal after Amazon objection | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/future-to-challenge-court-order-blocking-retail-deal-after-amazon-objection-121020300309_1.html An Indian court blocked Future Group’s sale of a swathe of assets to rival Reliance Industries on Tuesday after Amazon raised objections to
All parties in Amazon-Future dispute should maintain status quo: Delhi HC | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/all-parties-in-amazon-future-dispute-should-maintain-status-quo-delhi-hc-121020201349_1.html India’s Future Group needs to maintain status quo with respect to its $3.4 billion retail assets deal, the Delhi High Court said on
Stayed Service Tax demand notice issued to CA based on ITR – New Software Guides
lipped from: https://www.newsoftwareguides.com/stayed-service-tax-demand-notice-issued-to-ca-based-on-itr/ Amrish Rameshchandra Shah Vs Union of India & Ors. (Bombay High Court) The Hon’ble Bombay High Court in Amrish Rameshchandra Shah v. the Union
हवा न्यायोचित निर्धार! – महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/justice-pushpa-ganediwala-and-controversial-verdict-in-sexual-assault-cases/articleshow/80621024.cms न्यायदानाचा निकष परदु:खकातरता असावी की निष्पक्षता, या प्रश्नाचे उत्तर शोधले तर देशात मतभिन्नतेची लाट येईल. न्यायालये स्थितप्रज्ञ हवीत. कनवाळू निर्णयांच्या न्यायोचिततेवर शंका येऊ