Reimbursement claimed on welfare expenses incurred by multinationals in India outside gamut of tax: ITAT – The Economic Times

lipped from: https://economictimes.indiatimes.com/news/economy/policy/reimbursement-claimed-on-welfare-expenses-incurred-by-multinationals-in-india-outside-gamut-of-tax-itat/articleshow/82680179.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Tax tribunal lays out ground rules for taxing such expenses, should benefit Indian arms amidst Covid pandemic. It said that there should be

Govt may amend DICGC Act in monsoon session to provide timely service to ailing bank depositors – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/govt-may-amend-dicgc-act-in-monsoon-session-to-provide-timely-service-to-ailing-banks-depositors/articleshow/82677021.cmsSynopsis Once the Bill becomes the law, it will provide immediate relief to thousands of depositors who had their money parked in stressed lenders

Banks make a beeline at Covid vaccine makers’ doorstep to offer loans | Business Standard News

Clipped from: https://www.business-standard.com/article/finance/covid-banks-make-a-beeline-at-vaccine-maker-s-doorstep-to-offer-loans-121051400644_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Amid feeble credit offtake due to local lockdowns this year, lenders sanction Rs 6,000-crore line of credit to SII Commercial banks are rushing to coronavirus vaccine manufacturers

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