"30 March 2021" Archive - Page 3

Opportunities that Covid has Opened for A Transfer Pricing Strategy

Regarding transfer pricing, when it comes to analyzing comparables, the vast majority of analysts rely on the comparative evaluation of the returns of a controlled entity versus the returns of comparable entities. In this economic crisis caused by COVID, the above is a serious problem, which is worth taking into account, since if the perf...

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Posted Under: Income Tax |

Ideation to IPO – Entrepreneurs’ Guide to choose Legal Entity

When entrepreneurs come up with an idea, rightfully their complete focus is on making that idea work and take the product to the market. Usually, most entrepreneurs are either confused or ignorant about type of entity suitable to take carry out business....

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Posted Under: Income Tax |

SEBI (Underwriters) (Repeal) Regulations, 2021

Notification No. SEBI/LAD-NRO/GN/2021/15 30/03/2021

1. These regulations may be called the Securities and Exchange Board of India (Underwriters) (Repeal) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette....

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SEBI (Stock Brokers) (Amendment) Regulations, 2021

Notification No. SEBI/LAD-NRO/GN/2021/14 30/03/2021

1. These regulations may be called the Securities and Exchange Board of India (Stock Brokers) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette....

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Tips to Increase your Business Credit Strength

In case you’re a business person, you would know the advantages of building business credit. Regardless of whether you don’t plan to assume acknowledgment from loan specialists, it actually bodes well to keep things streaming in the business. You may require accounts to oversee protection expenses, buying hardware, overseeing ...

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Posted Under: Income Tax |

SEBI (Merchant Bankers) (Amendment) Regulations, 2021

Notification No. SEBI/LAD-N RO/GN/2021/13 31/03/2021

1. These regulations may be called the Securities and Exchange Board of India (Merchant Bankers) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette....

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Limitation Period for second rectification should reckon from original order date

Karnataka Power Corporation Limited Vs ACIT (ITAT Bangalore)

Karnataka Power Corporation Limited Vs ACIT (ITAT Bangalore) Hon’ble jurisdictional High Court in the case of M/s. Kothari Industrial Corporation Limited v. The Agricultural Income Tax Officer reported in 230 ITR 306 had held that the period of limitation for a second rectification should be reckoned from the date of original order, if ...

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Labour Reforms w.e.f. 1st April 2021 & Impact thereon

Hon Prime Minister of India needs highest applaud for eliminating number of Acts & Rules and introduction of following laws  and rescinding 29 other labour laws for ease of doing business and considering health, safety and security of labours / employees : 1) The Code on Wages, 2019 2) The Code on Social Security, 2020 […]...

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Posted Under: Income Tax |

Expectations from New Foreign Trade Policy 2021-26

Whole of the Trade & Industry is looking forward towards New Foreign Trade Policy 2021-26 on the background of the dream of Hon Prime Minister to make Indian Economy $ 5 Trillion by 2025 and appeal to the citizens be “Vocal for Local” and “Be Local and Go Global”. Ministry of Commerce is now with […]...

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Posted Under: Income Tax |

Four point plan by Govt to deal with blockage of Suez Canal

A Four-point plan has been chalked out to deal with the situation arising from the blockage of Suez Canal. This plan was chalked out in a meeting convened by the Logistics Division, Department of Commerce, Government of India today.  The meeting was chaired by Shri PawanAgarwal, Special Secretary (Logistics) and attended by the Ministry ...

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Posted Under: Income Tax |

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