Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-does-a-mother-pay-tax-on-money-received-from-nri-son/article34801359.ece My son is working in the Netherlands and sends me €300 every month. My son pays income tax on his salary there. I
Category: Legal
GST on Covid essentials cut, but 5% tax on vaccine stays – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-council-retains-5-on-vaccine-lower-on-other-products/article34797796.ece Council also does away with levy on Tocilizumab, Amphotericin B The GST Council, which met on Saturday, has decided to retain the tax
My daughter has investments in dividend option of a mutual fund scheme. Should she inform the AMC about her NRI status? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/my-daughter-has-investments-in-dividend-option-of-a-mutual-fund-scheme-should-she-inform-the-amc-about-her-nri-status/articleshow/83433009.cmsSynopsis Every week, guest experts answer queries from readers of ET Wealth on various topics ranging from tax to investments to insurance and more.
Force Majeure: How successful has the law been post Covid in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/force-majeure-how-successful-has-the-law-been-post-covid-in-india/articleshow/82227338.cmsSynopsis Law relating to force majeure is quite settled and one requirement of law that when the contract itself provides for the force majeure
What to do with Aadhaar, PAN, Voter ID and other official documents after death of holder – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/what-to-do-with-aadhaar-pan-voter-id-and-other-official-documents-after-death-of-holder/articleshow/83305387.cms Story outline UIDAI does not have any process of deactivating or cancelling the Aadhaar card of the deceased person and there is no
Karnataka HC allows CCI to probe Amazon, Flipkart – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/karnataka-hc-allows-cci-to-probe-amazon-flipkart/article34791491.ece The e-commerce companies had questioned the January 13 order of the CCI In a setback to e-commerce majors Amazon and Flipkart, the Karnataka
SC refuses to pass direction on plea to redress borrower hardship – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/covid-19-sc-refuses-to-pass-direction-on-plea-to-redress-borrower-hardship/article34792428.ece The petition was said to be in the realm of policy decision Press Trust of India The Supreme Court on Friday refused to pass
ED issues show cause notice to WazirX, directors under FEMA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/ed-issues-show-cause-notice-to-wazirx-directors-under-fema/article34788940.ece Not received any notice; will cooperate in any investigation: CEO Nischal Shetty The Enforcement Directorate has issued a show cause notice to cryptocurrency
SC fumes over delay in setting up migrant workers’ database – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/sc-fumes-over-delay-in-setting-up-migrant-workers-database/2270010/ Explaining why National Information Commission may take three or four months to prepare the portal, the solicitor general and additional solicitor general Aishwarya
‘Not an expert’: SC declines to pass order on loan moratorium amid Covid | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/not-an-expert-sc-declines-to-pass-order-on-loan-moratorium-amid-covid-121061100827_1.html The top court said the courts are not experts in financial matters A view of the Supreme Court | Photo: PTI The Supreme Court on
Enforcement Directorate issues notice to WazirX, directors over FEMA breach | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/enforcement-directorate-issues-notice-to-wazirx-directors-over-fema-breach-121061200067_1.html Exchange said they are yet to receive ED notice In the WazirX matter, the federal agency issued notice under the Foreign Exchange Management
Ex-IL&FS group chief Ravi Parthasarathy arrested in Rs 1-lakh cr scam–business today
Clipped from: https://www.businesstoday.in/current/corporate/ex-ilfs-group-chief-ravi-parthasarathy-arrested-in-rs-1-lakh-cr-scam/story/441467.html EOW says Parthasarathy was heading IL&FS group that comprised more than 350 group firms, and they were channelised to as a “vehicle to
india it rules: Over a dozen think tanks call for end of ‘digital censorship’ in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/over-a-dozen-think-tanks-call-for-end-of-digital-censorship-in-india/articleshow/83434482.cmsSynopsis An open letter, signed by 14 not-for-profits, called upon the government to suspend the implementation of India’s new IT rules, which came into
Madras HC issues notice to Centre on TM Krishna’s petition against IT rules – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/madras-hc-issues-notice-to-centre-on-tm-krishnas-petition-against-it-rules/article34777778.ece Impugned Rules offend my rights as an artist and cultural commentator, says musician in affidavit The Madras High Court on Thursday ordered notice
Investigation wing of Income Tax calls the shots in black money cases – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/investigation-wing-of-income-tax-calls-the-shots-in-black-money-cases/articleshow/83420816.cmsSynopsis The unusual move, which has surprised those suspected of having undisclosed foreign assets, is aimed to quicken tax collection and build a stronger
Kalrock-Jalan spar with DGCA over Jet slots at NCLT – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/kalrock-jalan-spar-with-dgca-over-jet-slots-at-nclt/article34782761.ece?homepage=true Landing slots are an important intangible asset for an airline The tussle over the historical slots of Jet Airways between the Kalrock-Jalan consortium
ESI coverage for casual, contractual municipal employees – The Hindu
Clipped from: https://www.thehindu.com/news/national/esi-coverage-for-casual-contractual-municipal-employees/article34781234.ece?homepage=true They will be entitled to sickness benefit, maternity benefit, disablement benefit, dependent’s benefit, funeral expenses etc.. Casual and contractual employees of municipal corporations
Despite the turmoil, DHFL buy is an opportunity for Piramal Group – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/despite-the-turmoil-dhfl-buy-is-an-opportunity-for-piramal-group/article34772463.ece The main attraction of DHFL for the Piramal Group is the scale of its operations and branch network Mortgage financier Dewan Housing Finance
Kerala AAR classifies banana, jackfruit and tapioca chips as roasted/fried vegetable products, to attract 12% GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/kerala-aar-classifies-banana-jackfruit-and-tapioca-chips-as-roastedfried-vegetable-products-to-attract-12-gst/article34771638.ece Unbranded namkeen attracts GST at 5 per cent, while branded namkeen attracts 12 per cent The Kerala Authority of Advance Ruling (AAR) has
‘Law firms cannot report ongoing proceedings’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/law-firms-cannot-report-ongoing-proceedings/article34772780.ece Delhi High Court says there is every risk of objectivity being lost in such reportage The Delhi High Court has said that a
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