Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/loss-making-cos-can-now-pay-remuneration-to-non-executive-directors/articleshow/81590650.cmsSynopsis The remuneration limits will be one-fifth of the total amount that can be given to managerial persons or executive directors, according to a
MCA permits remuneration to independent directors in case of loss made by companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/mca-permits-remuneration-to-independent-directors-in-case-of-loss-made-by-companies/articleshow/81588634.cmsSynopsis Amending schedule V of the Act, the MCA also prescribed limits on such remuneration based on the effective capital of the firm, which
Buyer entitled to a refund upon delay | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/buyer-entitled-to-refund-upon-delay-121032100766_1.html The purchaser can’t be made to wait endlessly just because the builder fails to fulfil his contractual obligation to obtain the Occupancy Certificate
Piramal Capital reduces share of short-term borrowings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/piramal-capital-reduces-share-of-short-term-borrowings/articleshow/81637771.cmsSynopsis Short term borrowings now form just about 15-20 percent of total borrowings of the financial services business under Piramal Enterprises, compared with 60-70
Changes in tax norms on slump sale deals may lead to litigation for firms | Business Standard News
lipped from: https://www.business-standard.com/article/companies/changes-in-tax-norms-on-slump-sale-deals-may-lead-to-litigation-for-firms-121032500988_1.html Changes will impact several M&A transactions, including internal restructuring by companies which were signed since April 2020. Tax computation will not include goodwill
DFI goes back to the future: Will changes boost infra funding in India? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dfi-goes-back-to-the-future-will-changes-boost-infra-funding-in-india-121032501407_1.html The Bill suggests that the government has learned from past mistake The DFI will get government guarantees for its repayment, and support through
Solar project companies queue up to cash in on pre-duty benefits | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/solar-project-companies-queue-up-to-cash-in-on-pre-duty-benefits-121032501459_1.html For a project bid in March, import of panels would take place between June and July 2021 Sector analysts expect basic Customs duty
Five performance metrics to look for in a balance sheet – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-five-performance-metrics-to-look-for-in-a-balance-sheet/2220328/ It is better to look for a trend in these metrics instead of considering just the latest results DE ratio helps measure the
A failure of scrutiny: DHFL fraud shows limitations of Aadhaar in plugging leakages – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-failure-of-scrutiny-dhfl-fraud-shows-limitations-of-aadhaar-in-plugging-leakages/2220525/ The failure of scrutiny mirrors that which was exposed in an investigative series by The Indian Express on the leakage in Jharkhand, in
Normalcy restored for resolution of stress under IBC: Sahoo – The Financial Express
Clipped from: https://www.financialexpress.com/industry/normalcy-restored-for-resolution-of-stress-under-ibc-sahoo/2220239/ IBBI Chairperson M S Sahoo on Thursday said “normalcy” has been restored with respect to resolution of stress under the insolvency law, with
Petro products under GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/petro-products-under-gst/article34163219.ece Will Opposition-ruled States take the bait? There is no Constitutional or any other legal bar on bringing petroleum products under the Goods and
Banking sector wobbly even after reforms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/banking-sector-wobbly-even-after-reforms/article34163090.ece Some of the key suggestions made by the Narasimham Committee three decades back are yet to be implemented Finance Minister Nirmala Sitharaman has
Is Ease of Doing Business ranking over-rated? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/is-ease-of-doing-business-ranking-over-rated/article34162842.ece A top rank without infrastructure, connectivity, skilled manpower and lower cost of production is of no use to the investor In recent years,
Fair deal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fair-deal/article34162880.ece The Centre would do well to raise the tax-free PF contribution limit to ₹5 lakh for all employees One of the trickier public
Selling eatables eligible for ITC under GST regime – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/selling-eatables-eligible-for-itc-under-gst-regime/article34163181.ece However, credit can’t be availed if eatables are sold and served, rules AAR Selling sweets and eatables is one thing and providing facility
SEBI eases listing norms to help start-ups attract big investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sebi-eases-norms-to-encourage-listing-of-start-ups/article34161073.ece?homepage=true Revamps open-offer provisions, tweaks rules to make de-listing more transparent SEBI on Thursday announced a slew of measures including making it easier for
ही कोंडी आता फोडा — महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/editorial-on-redevelopment-of-buildings-in-mumbai-city-and-bombay-high-court/articleshow/81698349.cms मुंबई उच्च न्यायालयाने गेल्या काही दिवसांत दोन महत्त्वाचे निकाल दिले आहेत. एका निकालाने इमारतीचा पुनर्विकास अडकवून ठेवणाऱ्या एका रहिवाशाची जागा पोलिसांच्या मदतीने ताब्यात
Welcome back, IBC | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/welcome-back-ibc-121032501441_1.html Govt should now focus on strengthening the NCLT The government has done well not to extend the Insolvency and Bankruptcy Code (IBC) suspension, which ended
Now Snapdeal’s SME sellers can get faster payments under new fast-track option for goods sold – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-now-snapdeals-sme-sellers-can-get-faster-payments-under-new-fast-track-option-for-goods-sold/2220507/ Credit and Finance for MSMEs: The payment receipt time will be slashed by 76 per cent and will enable sellers to redeploy the
Taxation process and its soft targets – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/taxation-process-and-its-soft-targets/2220504/ For India to move from tax terrorism to tax transparency, the government needs to look at taxation and punitive actions from a business