Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbic-allows-import-export-of-goods-without-furnishing-bonds-to-customs/articleshow/82479122.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis CBIC said importers and exporters will have to furnish an undertaking to the Customs authorities in lieu of the bonds till June 30.
Category: Legal
A bit too socially restrictive, SEBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-bit-too-socially-restrictive-sebi/articleshow/82464311.cmsSynopsis The classification of eligible activities should be flexible, within limits. And, indeed, these should target underprivileged groups. However, there is no reason to
FPIs seek three months more to implement Sebi diktat on monitoring DRs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/fpis-seek-three-months-more-to-implement-sebi-diktat-on-monitoring-drs-121050700973_1.html Cite legal hurdles and challenges in implementing the circular in its present form The diktat requires custodians to collect and report information on
Ask Money Today: How does Capital Gains Account Scheme work in buying a house property?
Clipped from: https://www.businesstoday.in/money/ask-money-today/ask-money-today-how-does-capital-gains-account-scheme-work-in-buying-a-house-property/story/438363.html It is required to utilise capital gains amount towards acquisition of property before filing of ITR. If you don’t, then this amount should
Insurance uncertainties, big dents on the wallet: second wave grips life in India like a constrictor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/insurance-uncertainties-big-dents-on-the-wallet-second-wave-grips-life-in-india-like-a-constrictor/primearticleshow/82411229.cms Synopsis–As India fights pandemic’s second wave, the impact has been more deep-rooted. Families’ budgets have been shaken and more unpleasant realities are coming
Data of 80% of adult Indian users compromised in last 4 years: Canalys – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/data-of-80-of-adult-indian-users-compromised-in-last-4-years-canalys/2245892/ “In last four years, at least 80% of the adult population in Bulgaria, Chile, Ecuador, India, Panama, Philippines, Qatar and Turkey have been
Income Tax: Gains from share trading taxed under business profit, file ITR 3/4 – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-gains-from-share-trading-taxed-under-business-profit-file-itr-3-4/2245835/ Separate disclosure of each source of income shall have to be made in the ITR Form, whether or not you choose to be
WB law on real estate repugnant to Centre’s RERA for having overlapping provisions: SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/wb-law-on-real-estate-repugnant-to-centres-rera-for-having-overlapping-provisions-sc/articleshow/82392238.cmsSynopsis The constitutional principle of “repugnancy”, which primarily deals with the issue as to whether a parliamentary law or a state law would prevail
Labour Ministry notifies draft rules for recognition of negotiating council under Industrial Relations Code – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-ministry-notifies-draft-rules-for-recognition-of-negotiating-council-under-industrial-relations-code/articleshow/82392628.cmsSynopsis The move, which is a major shift from the existing provision wherein multiple trade unions were allowed to negotiate with some often having
US to suspend biometric requirements for processing H4-EAD visas – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/us-to-suspend-biometric-requirements-for-processing-h4-ead-visas/articleshow/82391778.cmsSynopsis This is expected to help speed up processing times for visa extensions and employment authorisation for spouses of H-1B and L1 visa holders
health insurance policy: These health insurance policies cover home treatment costs also: Is your policy one of these? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/these-health-insurance-policies-cover-home-treatment-costs-also-is-your-policy-one-of-these/articleshow/82381908.cmsSynopsis The domiciliary hospitalisation feature is especially useful now as many Covid-19 patients are being turned away by hospitals due to shortage of resources
All you wanted to know about Employees’ Deposit Linked Insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34473901.ece This life insurance scheme covers all active members of the employees’ provident fund. The Employees’ Provident Fund Organisation (EPFO) recently hiked the death
‘Submit affidavit clarifying position on slots to Jet Airways’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/submit-affidavit-clarifying-position-on-slots-to-jet-airways/article34473883.ece Mumbai bench of NCLT writes to DGCA and the Aviation Ministry The Mumbai bench of NCLT has asked the Directorate General of Civil
Delhi court junks interim bail plea of Malvinder Singh in PMLA case | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/delhi-court-junks-interim-bail-plea-of-ex-fortis-healthcare-promoter-malvinder-singh-in-pmla-case-121050301380_1.html The accused had expressed apprehension that he may contract Covid-19 infection in the Tihar jail Malvinder Singh A court here has rejected the
Silence over labour reforms during state elections signals a deeper shift – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-silence-over-labour-reforms-during-state-elections-signals-a-deeper-shift/articleshow/82375994.cms Synopsis–In a scenario where access to oxygen cylinders, medicines, hospital beds is near impossible, none of the usual issues — GDP guesstimates, spiralling
Apex Court: Cannot stop media from reporting judges’ oral observations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/apex-court-cannot-stop-media-from-reporting-judges-oral-observations/article34473345.ece “Unfolding of process of judicial thinking is equally of interest to the public” The ECI had complained to the Supreme Court about certain
Jet Airways resolution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/flight-plan/jet-airways-left-with-no-slots-to-revive/article34464782.ece Resolution of slot re-allotment is needed for the revival of the beleaguered airlines and the future of other carriers The weather is still
The fate of PPAs under IBC decided – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/the-fate-of-ppas-under-ibc-decided/article34465722.ece The Supreme Court has ensured the continuance of power purchase agreements (PPA) between the power generators and the buyers In a finding that
TReDS platform RXIL discounts receivables worth Rs 1,000 crore in a month – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/treds-platform-rxil-discounts-receivables-worth-rs-1000-crore-in-a-month/2228011/ Credit and Finance for MSMEs: From transactions worth Rs 69 crores in April 2020, RXIL reached a whopping Rs 1,105 crore in March
Pre-pack insolvency for MSMEs: How it differs from corporate insolvency resolution process; key features – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/pre-pack-insolvency-for-msmes-how-it-differs-from-corporate-insolvency-resolution-process-key-features/2244529/ Ease of Doing Business for MSMEs: The minimum default threshold of Rs 10 lakh, which has been prescribed for initiating the process, would
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