Clipped from: https://www.business-standard.com/podcast/current-affairs/can-an-it-sector-employee-be-classified-as-a-workman-122062300092_1.html A labour court in Chennai recently asked TCS to reinstate a former employee and clear all his past dues. This could become a
Adoption: Adopt change: Why there’s an urgent need to reduce long-waiting period for adoption in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/adopt-change-why-theres-an-urgent-need-to-reduce-long-waiting-period-for-adoption-in-india/articleshow/92461796.cms SynopsisAccording to data submitted by the National Commission for Protection of Child Rights (NCPCR) to the Supreme Court last year, over 3,600 children
3 Income Tax employees siphoned off crores through fictitious TDS refunds; CBI probes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/3-income-tax-employees-siphoned-off-crores-through-fictitious-tds-refunds-cbi-probes/articleshow/92469965.cms Synopsis CBI has named three I-T officials — Abhay Kant, Saurabh Singh and Rohit Kumar — in connection with the case along with
There should not be ‘intolerable growth sacrifice’ to tame inflation abruptly: RBI’s MPC member Jayanth Varma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/there-should-not-be-intolerable-growth-sacrifice-to-tame-inflation-abruptly-rbis-mpc-member-jayanth-varma/articleshow/92469652.cms Synopsis Jayanth Varma, who is a professor of finance and accounting at IIM Ahmedabad, said he sees the risks to inflation as balanced
Tax on drinks at gala nights! New TDS rules can mess up your tax math – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/tax-on-drinks-at-gala-nights-new-tds-rules-can-mess-up-your-tax-math/articleshow/92443385.cms Synopsis Section 194R – that comes into effect from July 1 – provides that if any ‘person’ (barring those excluded) provides any benefit
Govt plans easy visa norms, boosting medical infra in select cities to attract more foreign patients – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/govt-plans-easy-visa-norms-boosting-medical-infra-in-select-cities-to-attract-more-foreign-patients/articleshow/92457402.cms Synopsis The Union Health Ministry is collaborating with Tourism, Ayush, Civil Aviation ministries, hospitals and other stakeholders to build a roadmap to connect
What is a recession?–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/explained/everyday-explainers/what-is-a-recession-explained-7990703/ A brief guide to what you should know about recessions and why some people are talking about the next one now. A roadside
Response to Outstanding Tax Demand–courtesy income tax department site
lipped from: https://www.incometaxindia.gov.in/Pages/tax-services/response-to-outstanding-tax-demand.aspx The Taxpayer can submit the response online to the outstanding demand by either choosing to ‘Agree’ or ‘Disagree’ with the demand. Perform the
Who doesn’t want growth? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/who-doesn-t-want-growth-122062301299_1.html The RBI, however, cannot use the growth argument to justify inflation The preamble of the Reserve Bank of India (RBI) Act, as amended in 2016, inter
Why are rent agreements for 11 months preferred in India? | The Financial Express
Clipped from: https://www.financialexpress.com/money/why-are-rent-agreements-for-11-months-preferred-in-india/2571374/ Have you ever wondered why most rent agreements are for a duration of 11 months only and not for a longer period, although
TCS case may throw spotlight on job termination in IT industry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/tcs-case-may-throw-spotlight-on-job-terminations-in-it-industry/articleshow/92367276.cms Synopsis “Awareness of workers’ rights keeps increasing as we come across more judgments of similar nature. As this order involves one of the
Why RBI should not enforce card tokenisation mandate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-rbi-should-not-enforce-card-tokenisation-mandate/articleshow/92420016.cms Synopsis For tokenisation to work, entities in the payments value chain – issuer banks, card networks, payment gateways (PGs), payment aggregators (PAs), acquirer
India’s inflation fight will not be painless, says RBI deputy governor Michael Patra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/hopeful-monetary-actions-needed-are-moderate-vs-peers-rbi-deputy-governor-michael-patra/articleshow/92430667.cms Synopsis Patra said the central bank will not allow “jerky movements” of Rupee and stressed that the Indian currency has witnessed least depreciation
Shaktikanta Das: Inflation over 6% hurts growth… It has become broad-based and RBI is addressing it, says Das
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/inflation-over-6-hurts-growth-it-has-become-broad-based-and-rbi-is-addressing-it-says-shaktikanta-das/articleshow/92426490.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The revival of economic activity continues to be steady and is gaining traction, and RBI is on track to bring down inflation
RBI’s co-lending model: A relief for the priority sector–ECONOMIC TIMES.COM
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/rbis-co-lending-model-a-relief-for-the-priority-sector/articleshow/92426120.cms Synopsis Over the last two years, sectors such as ed-tech, pharmaceuticals, e-commerce witnessed exponential growth, but MSMEs were left high and dry. The Micro
Loss from share trading can be set off against business income-TAXGURU
Clipped from: https://taxguru.in/income-tax/loss-share-trading-set-off-business-income.html?utm_source=feedburner&utm_medium=email Jitendra Manilal Malkan Vs ITO (ITAT Ahmedabad) It is observed that during the year the assessee had purchased 34 different scripts and out
Uploading or serving of a summary of show cause in Form GST-DRC-01 under rule 142(1) is mandatory-TAXGURU
Clipped from: https://taxguru.in/goods-and-service-tax/uploading-serving-summary-show-cause-form-gst-drc-01-rule-1421-mandatory.html?utm_source=feedburner&utm_medium=email Balaji Traders Vs State Tax Officer (Madras High Court) The uploading or serving of summary of show cause in Form GST-DRC-01 under Rule
Notice under GST Rule 68 to be issued electronically or through post?-TAXGURU
Clipped from: https://taxguru.in/goods-and-service-tax/notice-gst-rule-68-issued-electronically-post.html?utm_source=feedburner&utm_medium=email Jabir Hasan Vs Assistant Commissioner of State Tax GST (Uttarakhand High Court) It is not disputed that Rule 68 of Central Goods and Services
Miscellaneous expenses Paid by Cheques based on Self-Made Voucher allowable–TAXGURU
Clipped from: https://taxguru.in/income-tax/miscellaneous-expenses-paid-cheques-based-self-made-voucher-allowable.html?utm_source=feedburner&utm_medium=email Thermon Heat Tracers Pvt. Ltd. Vs JCIT (ITAT Pune) ITAT held that miscellaneous expenses Paid Through Cheques Based On Self-Made Voucher Allowable for
Cash Gift taxable in the year of receipt and not in year it was traced–TAXGURU
Clipped from: https://taxguru.in/income-tax/cash-gift-taxable-year-receipt-year-traced.html?utm_source=feedburner&utm_medium=email Gaurav Agarwal Vs DCIT (ITAT Lucknow) From the examination of documents found during search and seizure operation u/s. 132 of the Act the
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