Clipped from: https://www.business-standard.com/article/economy-policy/dggi-detects-rs-278-crore-gst-evasion-in-railway-purchases-since-july-2017-121072701505_1.htmlIllustration: Ajay Mohanty The Directorate General of GST Intelligence (DGGI) has detected tax evasion worth Rs 278 crore by bidders who were awarded railway tenders since
Beyond corporate deleveraging | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/beyond-corporate-deleveraging-121072701801_1.html India’s growth drivers are under pressure Indian companies are reducing debt on their books and increasing their cash balance. Firms are selling assets and avoiding investment
Towards a lean tax department | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/towards-a-lean-tax-department-121072701781_1.html Worries about vacant positions and their impact on tax collection may be misplaced in a world of technological disruptions A news report in
No prima facie evidence with CCI and HC to order probe: Flipkart tells SC | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/no-prima-facie-evidence-with-cci-and-hc-order-for-probe-flipkart-tells-sc-121072701586_1.html Karnataka HC last week upheld a single-judge order dismissing Amazon and Flipkart pleas challenging a probe initiated by CCI for alleged competition law
Pushing two-child policy: Can it ramp up growth?-DC EDIT |
Clipped from: https://www.deccanchronicle.com/opinion/dc-comment/130721/dc-edit-pushing-two-child-policy-can-it-ramp-up-growth.html The Yogi Adityanath government in UP has hardly lagged behind and has made proposals of a similar nature. (PTI Photo) Not since the dark
China solar gear makers threaten to scrap pacts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/renewables/china-solar-gear-makers-threaten-to-scrap-pacts/articleshow/84770365.cmsSynopsis China makes up 80% of the total imports for the Indian renewables industry. This figure balloons to 95%, when Chinese-origin companies operating out
Estate Planning: Can a registered, conditional gift deed be treated as a will? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/can-a-registered-conditional-gift-deed-be-treated-as-a-will/articleshow/84704878.cmsSynopsis A conditional gift deed and a will are completely different documents having distinct features and purposes. Raj Lakhotia, Founder, Dilsewill,, answers estate planning queries in
Hotel occupancies in all major cities saw month on month increase in June: HVS Anarock Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/hotel-occupancies-in-all-major-cities-saw-month-on-month-increase-in-june-hvs-anarock-report/articleshow/84788301.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis All India average occupancies were between 30-32% in June, up by 12-14 percentage points month on month, while average daily rates were up14-16%
MSME: To strengthen TReDS, Factoring Amendment Bill passed by Lok Sabha – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/to-strengthen-treds-factoring-amendment-bill-passed-by-lok-sabha/articleshow/84783038.cmsSynopsis Finance minister Nirmala Sitharaman said that the government had also accepted the recommendations by the Standing Committee which had looked into the Bill
NSIC’s credit assistance to MSMEs for raw material procurement jumps 10% to over Rs 65 crore in FY21 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-nsics-credit-assistance-to-msmes-for-raw-material-procurement-jumps-10-to-over-rs-65-crore-in-fy21/2298603/ Credit and Finance for MSMEs: Karnataka led the state-wise assistance under the RMA scheme in FY21 with Rs 26.81 crore provided to SC/ST
The impact of unsold inventory on real estate – The Financial Express
Clipped from: https://www.financialexpress.com/money/the-impact-of-unsold-inventory-on-real-estate/2298530/ Inventory overhangs don’t just impact the developers’ profitability; they have other cascading effects as well. Ultimately, unsold inventory has a deep-seated impact on
Recurring Deposit Tax Exemption: I have a monthly recurring deposit of Rs 20,000. Will I have to pay income tax annually? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/i-have-a-monthly-recurring-deposit-of-rs-20000-will-i-have-to-pay-income-tax-annually/articleshow/84757434.cmsSynopsis There is an option available to offer interest income for tax on accrual basis or receipt basis, at the discretion of the assessee.
NPS investment: I am 58 years old and want to invest in NPS Tier 1 for tax reasons. Can I do so at this age? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/i-am-58-years-old-and-want-to-invest-in-nps-tier-1-for-tax-reasons-can-i-do-so-at-this-age/articleshow/84169584.cmsSynopsis If the total pension corpus is less than or equal to Rs 5 lakh, you can process a 100% withdrawal, and there is
ITR filing: How banks, mutual funds and companies will check if you have filed ITR – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-banks-mutual-funds-and-companies-will-check-if-you-have-filed-itr/articleshow/84057122.cmsSynopsis Deductors of TDS/TCS like banks, mutual fund houses etc can now check if you have filed ITR when your income crosses the TDS
What are income tax benefits available on donations made? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-are-income-tax-benefits-available-on-donations-made/articleshow/84087217.cmsSynopsis Donations made to help people tide over the covid-19 pandemic can help you save income tax as well. Here is a look at
Back to old normal: Pharma industry returns to pre-pandemic growth level | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pharma-market-normalizes-to-pre-pandemic-growth-121072700694_1.html In this first instalment of a five-part series on how some of the defining numbers in key sectors are springing back to the
SME Chatroom: Destruction of goods warrants reversal of input tax credit | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-destruction-of-goods-warrants-reversal-of-input-tax-credit-121072601028_1.html Submit copies of correspondence with the buyer to the bank explaining the reasons for the inward remittance Since you are getting payment against
Decoded: What is prepackaged insolvency resolution & how does process work? | Business Standard News
Clipped from: https://www.business-standard.com/article/specials/decoded-what-is-prepackaged-insolvency-resolution-how-does-process-work-121072701762_1.html The prepackage process for resolution has been popular in Europe and the US over the past decade To be eligible, a company must
A quick look into Sebi’s fresh push to crackdown on insider trading | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/a-quick-look-into-sebi-s-fresh-push-to-crackdown-on-insider-trading-121072701358_1.html The market regulator recently raised the reward for providing credible information that leads to prosecution from Rs 1 crore to Rs 10 crore
Sebi asks for ultimate beneficial owners’ information in Adani firms | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-asks-for-ultimate-beneficial-owners-information-in-adani-firms-121072800007_1.html The custodians are directed to provide information in 15 days Securities and Exchange Board of India The Securities and Exchange Board of India (Sebi) has
