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Disputed tax cases worth Rs 97,000 crore offered for settlement under Vivad Se Vishwas scheme
So far, 1,25,144 cases have opted for the Vivad se Vishwas (VsV) Scheme, which is 24.5 per cent of the 5,10,491 cases that were pending at different legal fora, according to sources in the Department of Revenue
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4G mobile internet services being restored in entire Jammu and Kashmir
The internet services were shut by the government on August 5, 2019 when the special status of the erstwhile state was revoked in Parliament and it was bifurcated into union territories — Jammu and Kashmir, and Ladakh.
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As RBI firmly backs government’s growth push, common man’s eyes will be glued to inflation control
While opening the G-Sec market for retail participation, the central bank should take measures to educate common investors on functioning of the market. Also the unified Ombudsman can be a faceless one as envisaged for Income Tax tribunals.
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Supreme Court refuses to entertain plea against new WhatsApp privacy policy
A bench headed by Chief Justice SA Bobde observed that this issue is already being heard by the Delhi High Court and the petitioner can choose the suitable remedy there.
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Transparency, tax stability key guiding principles of Budget 2021: FM Nirmala Sitharaman
On the Budget announcement of setting up a Development Finance Institution (DFI), Sitharaman said the government will provide some capital and will also raise funds from the market.
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Three final offers received for PMC Bank resolution, says RBI Governor Shaktikanta Das
Last month, the bank's administrator AK Dixit had said that three investors were given time till February 1, 2021 for submissions of their final offer.
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SEBI notifies easier profitability rule for mutual fund sponsor
According to SEBI, any entity which holds 40% or more of the net worth of an asset management company shall be deemed to be a sponsor.
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Government set to launch MCA21 V3 in FY22; in-depth scrutiny of filings, e-adjudication system on anvil
MCA21 V3 will have additional modules for e-adjudication, e-consultation and Compliance Management System.
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PF taxation: Should you be worried? Here’s what experts have to say
The decision to tax interest earned from provident fund contribution of over Rs 2.5 lakh a year is likely to affect only 0.23% of 45 million subscribers.
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RBI’s move to allow retail investors to directly buy G-Secs to help deepen bond market: Experts
The central bank hopes the move will allow greater depth to the gilt market in particular and the overall debt market in general.
