The Reserve Bank of India's (RBI) new rules for credit and debit cards came into effect from October 1. These include tokenisation, one-time password (OTP) for activation after 30 days, written permission for enhancement of credit limit, and greater clarity on interest calculation.
Rishi Sunak and Liz Truss, the two finalists in the race to succeed Boris Johnson as the Conservative Party leader and British prime minister, were grilled on their policies in the first hustings directly addressing Tory party members who will be voting in the election.
The government has notified a host of procedural changes in the GST rules, including levy of interest for wrongful utilisation of ITC and turnover threshold for filing annual returns for the 2021-22 fiscal. The changes were vetted by the Goods and Services Tax (GST) Council at its meeting last week. With the amendments notified by the Central Board of Indirect Taxes and Customs (CBIC), businesses have also been allowed to make tax payments on the GSTN portal by using IMPS and UPI payment modes.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The BBMP advocate informed the court that the number of potholes being filled up is being updated every day and a total of 2,010 potholes had been filled and only 221 potholes remained till September 14, 2022.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
The ministry of corporate affairs has clarified that companies whose annual general meetings are due in 2021 have to conduct them within the specified time limit and video conferencing is allowed till June 30,2022. MCA has said that its circular should not be construed as conferring any extension of time for holding annual general meetings by the companies under the Companies Act, 2013. "Companies which have not adhered to the timelines shall be liable to legal action under the appropriate provisions of the Act," MCA said. In September, MCA had allowed a two-month extension to the deadline for companies to hold their annual general meeting for the financial year ending March 31, 2021.
Don't view the mobile phone or tablet as a shut-up toy while a parent is busy, highlights Dr Aarti Bakshi.
The government can verify 5 per cent of claims in four states -- Maharashtra, Kerala, Gujarat and Andhra Pradesh -- where the gap between number of claims and recorded deaths was wide, said a bench of Justices M R Shah and B V Nagarathna.
IG Singh, however, said that there was no time limit in the summons sent to Ashish Mishra.
'Kohli will get runs whether he is playing under Rohit or anybody else.
Bihar Chief Minister Nitish Kumar on Wednesday said his government will undertake a "socio-economic survey of all castes and communities" in the state, following the Centre's reluctance to conduct a caste census nationally.
The plea has been filed by the Centre in a PIL, which was earlier instituted by lawyer Gaurav Kumar Bansal, saying it may not be desirable to continue the process of ex gratia payment without any outer limit.
The Centre received 5.59 lakh public grievances against various government departments in the first half of this year, with the Department of Financial Services (DFS) getting most of such complaints, according to an official report.
While prevalent web conferencing apps have been charging fees for getting a large number of users in a session, Jio is neither charging any fee nor has put any time limit on the sessions at present.
Avoid addressing your client, senior or employer with 'Hey'. It is considered inappropriate and disrespectful.
The government said it had received many representations seeking extension of time citing many difficulties due to the second wave of Covid-19 and the subsequent lockdowns. MCA has asked the registrar of companies to approve the extension of the time limit to hold the AGM.
The Rajasthan government on Sunday announced the closure of schools in urban areas, Sunday curfews, time limits on markets and a cap on occupancy at restaurants and movie theatres in view of a surge in COVID-19 cases.
The personnel ministry has decided to amend existing service rules to ensure the availability of a sufficient number of IAS officers for central deputation, officials said on Tuesday.
Narendra Modi's real legacy will be if he can redesign the IAS and the concept of an all-India service, argues T C A Srinivasa Raghavan.
Downing Street confirmed that the two senior-most United Kingdom government officials had received notification from the Metropolitan Police that they would be given "fixed penalty notices".
Constantine interviewed by Chennaiyin FC
The government on Friday extended he deadlines for various income tax compliances and said the amount paid by an employer to employees for Covid-19 treatment would be tax exempt.
England head coach Chris Silverwood says he won't push star all-rounder Ben Stokes's return from a mental health-break despite the team's struggles in the ongoing Test series against India.
Ghosting might feel personal, but it's not about you.
The Kerala high court on Tuesday dismissed actor Dileep's plea opposing further probe in the 2017 actress assault case and permitted the Crime Branch to go ahead with its investigation.
But what stood out between the two leaders was that Modi spoke for around 17 minutes, well within the allotted time-limit of between 15 to 20 minutes, for a world leader to address the global body. On the other hand, Imran Khan exceeded beyond the time limit, going on to speak for more than half-an-hour with red light constantly blinking.
'While relationships are extremely important to us, the only person that can truly complete you is yourself.' 'Do not allow that to take a back seat,' advises relationship expert Shahzeen Shivdasani.
If an assessee misses the December 31 deadline, s/he can file a belated tax return by paying a late filing fee. 'This must be done within three months from the original filing date.'
'This creates not only false hopes, it creates confusion all over to students who are preparing'
In a most perverse example of tax bullying, someone I know has got by three such notices reopening his assessment minutes before the midnight deadline of June 30, reveals Debashis Basu.
The government wants new domestic companies to set up their manufacturing units fast and hence the concessional tax rate of 15 per cent has been extended by a year till March 2024, revenue secretary Tarun Bajaj said on Friday. Stating that direct and indirect tax collections are going up and have good buoyancy, Bajaj said it means that the corporate sector is also doing well, and India's tax to GDP ratio could be "highest ever" in the current year. The Budget 2022-23 presented on February 1 has proposed that the concessional 15 per cent corporate tax rate would be available for one more year till March 2024 for newly incorporated manufacturing units.
Andy Murray launched a fresh rocket at his US Open conqueror Stefanos Tsitsipas on Tuesday, griping that the Greek player took longer on bathroom breaks than it took billionaire Jeff Bezos to reach outer space.
Corporate social responsibility rules that kicked in on Friday also set a three year time-limit for any CSR project, among a series of other amendments introduced by the government.
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
The Budget proposed abolishing the under-performing, authority of advance ruling, to replace it with a two-member board of advance ruling.
'I'm confident of that (being fit for the World Cup).'
A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap retrospective taxation have set the stage for the next level of reforms in tax administration that include bringing a framework for cryptocurrencies and rationalising the GST rate structure. With tax reforms such as faceless assessment taking roots, 2021 will go down as the year that pivoted the tax administration in a country aspiring to become the world's favourite investment destination. The task ahead is going to be a tough one as the tax department would grapple with taxing cryptocurrencies, rationalising Goods and Services Tax (GST) rates to shore up revenues and post June 2022, the scenario of how the GST revenue plays out for states without the Centre's support of compensation.
After dropping the third set, Tsitsipas took a medical timeout to receive treatment on his left foot. Following set four, in which he held a 5-0 lead before a late Murray charge, Tsitsipas took an extended bathroom break and changed his kit.
England crushed India by an innings and 76 runs in the third Test which gave Joe Root his 27th win as captain in 55 Tests.
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