Clipped from: https://www.financialexpress.com/economy/gst-officers-arrest-one-for-operating-46-fake-firms-passing-on-itc-worth-rs-82-23-cr/2173382/ The network of fake firms was operated by Arvind Kumar, who used to pass fake ITC for a commission of 4 to 4.5
Category: Legal
Budget may offer new direct tax dispute resolution framework – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/budget-may-offer-new-direct-tax-dispute-resolution-framework/articleshow/80321893.cmsSynopsis Govt is considering options such as mediation or a permanent dispute resolution system with pre-specified benchmarks on the lines of the ‘Vivad Se
Can IBC override existing contracts? Why giving primacy to insolvency law may set a wrong precedent – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/can-ibc-override-existing-contracts-why-giving-primacy-to-insolvency-law-may-set-a-wrong-precedent/articleshow/80322886.cmsSynopsis There is no bar against the termination of agreements during the moratorium period under IBC other than contracts relating to essential services such
U.K. has said it cannot extradite Vijay Mallya, Centre informs Supreme Court – The Hindu
Clipped from: https://www.thehindu.com/news/national/uk-has-said-it-cannot-extradite-vijay-mallya-centre-informs-sc/article33600253.ece?homepage=true The U.K. government had communicated that there was a ‘further legal issue’ to be resolved before the businessman could be extradited The United
Make the most of the Supreme Court’s farm panel – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/make-the-most-of-the-supreme-courts-farm-panel/2172824/ This is a chance for Punjab’s agitating farmers to negotiate a central package to help fund a crop diversification plan There is little
lending apps: Debt trap: Inside the world of shady digital lending apps, which promise a loan in a minute – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-trap-inside-the-world-of-shady-digital-lending-apps-which-promise-a-loan-in-a-minute/articleshow/80304632.cmsSynopsis According to fintech industry sources, several lenders simply register an entity under the Companies Act, develop an app and start commercial lending. They
Budget may offer new direct tax dispute resolution framework – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-may-offer-new-direct-tax-dispute-resolution-framework/articleshow/80317756.cmsSynopsis Govt is considering options such as mediation or a permanent dispute resolution system with pre-specified benchmarks on the lines of the ‘Vivad Se
Companies using WhatsApp’s business API solutions also seeking more clarity on new privacy policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/companies-using-whatsapps-business-api-solutions-also-seeking-more-clarity-on-new-privacy-policy/articleshow/80298127.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “We want to keep in mind that you get full time to read and accept these conditions, so we have extended the date.
How gang duped 40,000 people via malware app of marketing scheme | Delhi News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/delhi/how-gang-duped-40000-people-via-malware-app-of-marketing-scheme/articleshow/80293622.cms NEW DELHI: Twelve people, including two Chinese women and a Tibetan, were arrested by Cyber Cell of Delhi Police for duping people of
WhatsApp delays new privacy policy by three months amid severe criticism–deccan chronicle
Houston: WhatsApp announced delaying by three months the implementation of a new privacy policy that has faced massive backlash with tens of millions of its
Supreme Court order on farm laws: None to praise and very few to love it | Business Standard BS Special
Clipped from: https://www.business-standard.com/article/opinion/supreme-court-order-on-farm-laws-none-to-praise-and-very-few-to-love-it-121011500390_1.html The order illustrates the axiom, that Indian judiciary’s idea of justice is that when two people fight in court over a 100 rupee
Allahabad HC judgment on Special Marriage Act is welcome–indian express
Clipped from: https://indianexpress.com/article/opinion/editorials/special-marriage-act-interfatith-couples-anti-conversion-law-7146632/ Allahabad HC rings a welcome note of constitutional caution against reckless state intrusion on personal life The Allahabad High Court judgment striking down
Good riddance to an illiberal mandate–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/good-riddance-to-an-illiberal-mandate/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Allahabad High Court has delivered a signal
Slow global economy: High cyber fraud cases on Indian exporters–the economic times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/slow-global-economy-high-cyber-fraud-cases-on-indian-exporters/articleshow/80266552.cms SynopsisWhile the government has said that such cyber frauds are causing increased bilateral trade disputes and asked exporters to be cautious, exporters expect
Now, I-T Dept unveils faceless penalty scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/now-i-t-dept-unveils-faceless-penalty-scheme/article33568767.ece Will set up national, regional centres to conduct e-proceedings and impose penalties As a corollary to faceless assessment and faceless appeal scheme, the
Govt may step in if WhatsApp violates data privacy of users – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/govt-may-step-in-if-whatsapp-violates-data-privacy-of-users/article33570401.ece?homepage=true The new terms of service and privacy policy will come into effect on February 8 – Chris Ratcliffe The new terms of service
An instant issue | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/an-instant-issue-121011201635_1.html WhatsApp’s new terms can affect privacy The release of an update on terms of service (ToS) by leading instant messenger WhatsApp has caused many users
Decoding the Code on Wages: Now central and state govts must decide the national floor wage and minimum rates of wages – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/decoding-the-code-on-wages-now-central-and-state-govts-must-decide-the-national-floor-wage-and-minimum-rates-of-wages/2169673/ The Code has been drafted keeping ease of doing business in mind. Small creases can be ironed out easily by the government. By
RBI sets up panel to suggest measures for promoting digital lending – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-sets-up-panel-to-suggest-measures-for-promoting-digital-lending/articleshow/80253248.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The working group, chaired by RBI Executive Director Jayant Kumar Dash, will consist of both internal and external members, and submit its report
Outside Remit of Court and Law–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/outside-remit-of-court-and-law/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court has done no one a