Clipped from: https://www.thehindubusinessline.com/news/clubs-assns-societies-to-levy-gst-on-member-fee-retrospectively-from-2017/article38031867.ece Experts say this will over-rule judgements by SC, HC and AAR Clubs and associations will have to levy Goods and Services Tax (GST)
Category: Legal
Futures contracts ban in 7 agri-products: Blighting the future, again – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/futures-contracts-ban-in-7-agri-products-blighting-the-future-again/2388390/ Data shows decision to ban futures contracts in seven agri-products has very little rationale The ban on other commodities—moong, paddy, wheat—is quite surprising
Govt working to bring changes in GST Act, public platforms: Jayant Sinha | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-working-to-bring-changes-in-gst-act-public-platforms-jayant-sinha-121122300763_1.html He said GST is fast becoming the commercial backbone of this country, and the government is doing all the necessary changes that will
Commodity futures ban – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/commodity-futures-ban/article38022818.ece It won’t curb inflation, and will hurt farmers The Securities Exchange Board of India has banned futures and options trading in a host
Data Bill falls short on privacy protection – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/data-bill-falls-short-on-privacy-protection/article38022722.ece It needs to strike the right balance between national security and citizens’ rights. An independent regulator is called for Every success or innovation
eChallan Payment Online: Have you violated traffic rule? Here’s how to check and pay your e-challan online | Motor Vehicle Act 2019
Clipped from: https://economictimes.indiatimes.com/wealth/save/have-you-violated-traffic-rule-heres-how-to-check-and-pay-your-e-challan-online/articleshow/71386221.cms?from=mdrSynopsis According to the MV Act 2019, the penalties for violating traffic rules have increased. Have you received an e-challan notice for a traffic violation recently?
Four-day work week, change in salary: All about new labour codes in FY 2022-23
Clipped from: https://www.deccanchronicle.com/business/economy/221221/four-day-work-week-change-in-salary-all-about-new-labour-codes-in-fy.html The Centre has already finalised the rules under these codes and now states are required to frame regulations on their part as labour is
change nominee in lic policy: How to change nominee in LIC policy? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/life-insurance/how-to-change-nominee-in-lic-policy/articleshow/88429685.cmsSynopsis Remember, only buying an insurance policy won’t serve the purpose unless you nominate your family members/related person to receive policy proceeds/sum insured in
Put in place foolproof IT system, control mechanism to check assessment errors: CAG to CBDT – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/put-in-place-foolproof-it-system-control-mechanism-to-check-assessment-errors-cag-to-cbdt/2385945/ Comptroller and Auditor General of India (CAG), in a report tabled in Parliament, audited 356 high value cases pertaining to Corporation Tax with
Did Religare, IL&FS, and Essar promoters carry out circuitous transactions through Srei Group firms? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/did-religare-ilfs-and-essar-promoters-carry-out-circuitous-transactions-through-srei-group-firms/primearticleshow/87869116.cms From Left, Shivinder Singh, Malvinder Singh, erstwhile promoters of Religare group; Hemant Kanoria, former chairman, Srei Infrastructure Finance; Ravi Ruia, Vice chairman, Essar
Negligible revenues, insufficient collateral yet Srei Group lenders gave crores to obscure firms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/negligible-revenues-insufficient-collateral-yet-srei-group-lenders-gave-crores-to-obscure-firms/primearticleshow/88285684.cms SynopsisAmid insolvency proceedings, Srei Group-owned lenders’ decisions, taken as recent as two years back, could bring more trouble for the group. Documents filed
Bill on CA, company secretaries referred to standing committee | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/bill-on-ca-company-secretaries-referred-to-standing-committee-121122100705_1.html Minister of State for Parliamentary Affairs Arjun Ram Meghwal moved the proposal for referring the Bill to the panel Chartered Accountant. Photo: Shutterstock
GST on online skill games: Onus on the GoM to provide a positive direction – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-on-online-skill-games-onus-on-the-gom-to-provide-a-positive-direction/article37997444.ece GoM’s policy should clearly distinguish between online gaming and lottery or casinos When did you last hear about esports and online gaming training
Privacy advocates slam bill that allows linking of Aadhaar to voter ID – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/privacy-advocates-slam-bill-that-allows-linking-of-aadhaar-to-voter-id/articleshow/88398661.cms SynopsisThe government has said that linking Aadhaar to Voter IDs is key to weeding out fake and duplicate voter cards and making elections
Partnership firm can file consumer complaint | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/partnership-firm-can-file-consumer-complaint-121121900946_1.html The National Commission observed that the generator set was not purchased for resale, but for self-employment and to earn a livelihood, so a
What the Personal Data Protection Bill means for the average Indian – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/what-the-personal-data-protection-bill-means-for-the-average-indian/articleshow/88367518.cms SynopsisIndia is in the final stages of enacting a privacy legislation that will protect the personal data of its citizens. A glimpse into
4 labour codes likely to be implemented by FY23 as states ready draft rules | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/4-labour-codes-likely-to-be-implemented-by-fy23-as-states-ready-draft-rules-121121900177_1.html The four labour codes on wages, social security, industrial relations and occupation safety, health and working conditions are likely to be implemented by
CCI order concludes Amazon continuously attempted to dodge laws in India: CAIT – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-eodb-cci-order-concludes-amazon-continuously-attempted-to-dodge-laws-in-india-cait/2383625/ Ease of Doing Business for MSMEs: CCI had said that Amazon “suppressed the actual scope and purpose” of the deal. The commission had also imposed
Amazon may take legal action against CCI order suspending deal with Future | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amazon-may-take-legal-action-against-cci-order-suspending-deal-with-future-121121900360_1.html Anti-trust regulator has ruled the US company had suppressed information while seeking approval on an investment into Indian retailer two years ago. Smartphone
SC explains onus of Propounder: Removal of Suspicious circumstances about Will execution–TAXGURU.IN
Clipped from: https://taxguru.in/corporate-law/sc-explains-onus-propounder-removal-suspicious-circumstances-will-execution.html?utm_source=feedburner&utm_medium=email Murthy Vs C. Saradambal & Ors. (Supreme Court) This appeal assails the judgment and decree dated 08th December, 2008 passed by the High Court