Page 18 - Ritesh Kumar News Today

FM announces IFSC tax sops to boost startup funding SECTIONS Last Updated: Feb 01, 2021, 08:06 PM IST Share Synopsis Union Budget 2021-22 provides for tax incentives for units under the IFSC at GIFT City, a move that will allow international funds to relocate to India and avail tax exemptions. AFP To facilitate the onshoring of offshore funds into India, the finance minister on Monday announced new tax incentives for units under the International Financial Services Centre (IFSC). This will allo...

Transactions involving royalty, tech fee taxable under I-T not liable for equalisation levy: Budget SECTIONS Last Updated: Feb 01, 2021, 09:21 PM IST Share Synopsis The Union Budget clarified that transactions taxable under income-tax are not liable for equalisation levy. In the past, there have been concerns on the interpretation of the equalisation levy provisions. Getty Images NEW DELHI: The government on Monday clarified transactions involving royalty/ technical services fee would be taxabl...

February 01, 2021 × To provide certainty, the Finance Ministry has clarified that transaction taxable under income-tax are not liable for equalisation levy on online players. Further, it has also clarified regarding the applicability of equalisation levy on physical/offline supply of goods and services. “The Budget has corrected the anomaly of mismatch in the effective date of income-tax exemption with applicability of EL retrospectively. So it is now clear that there will be a correspondin...

Bank manager arrested for stealing ₹1 crore Updated: Updated: January 31, 2021 21:06 IST His friends told that they would double the money and hand over the full amount to him in a few hours Share Article AAA His friends told that they would double the money and hand over the full amount to him in a few hours The Yelahanka police have arrested the manager of a bank who allegedly stole ₹1 crore in cash and handed the money over to his contact who promised to double it in a couple of hours. T...

 E-Mail IMAGE: Eliminating a single gene can turn exhausted cancer-fighting immune cells known as CD8+ T cells back into refreshed soldiers that can continue to battle malignant tumors, a new study led... view more  Credit: UT Southwestern Medical Center DALLAS - Jan. 19, 2021 - Eliminating a single gene can turn exhausted cancer-fighting immune cells known as CD8+ T cells back into refreshed soldiers that can continue to battle malignant tumors, a new study led by UT Southwestern res...

Activists said that despite discussions, none of the conservation activities have actually translated to work on the ground so far NOIDA: Despite discussions and promises of conservation, Dhanauri wetland is a poor show for birders this migratory season. For those who have been trekking all the way up to the green fields and the main wetland area this season, it has not been much of an excitement because the main water body that is central to the wetland has shrunk and is crowded with hyacinth ...

Representative image PATNA: A state excise department team seized Indian-made foreign liquor (IMFL) from an anganwadi centre at Mutulpur village under Hattha police outpost in Muzaffarpur district on Saturday. The two-storey government building, supposed to supply nutritious diet to pregnant and lactating women, was being used to store and supply illicit liquor, much to the surprise of the excise officials. Acting on specific inputs, the excise department team led by inspector Abhinav Kumar r...

Cairn tax blow: India must walk the talk on ease of doing business   India must necessarily consider a policy change that aligns with the promises made by this government and repeal the retroactivity in the application of the indirect transfer provisions Ritesh Kumar December 24, 2020 / 08:27 PM IST The retrospective tax law enacted in 2012 is coming back to haunt India. On Wednesday, an international arbitration tribunal ruled that India’s ta...

JSS Shri Manjunatheswara Central School, Hubli Clinched the National Title of the HDFC ERGOS Insurance Awareness Award Junior Quiz 2020 NewsVoir JSS Shri Manjunathewara Central School, Hubli as the winners of HDFC ERGO Insurance Awareness Award Junior - Quiz 2020. With an impressive score of 205 points, the winners Yash Jain were bestowed with the title of National Champions and rewarded prizes worth INR 2,25,000/-. Maharaja Agrasen Vidyalaya, Ahmedabad, team bagged the title of the...

HDFC ERGO JSS Shri Manjunatheswara Central School, Hubli clinched the National Title of the HDFC ERGOS Insurance Awareness Award Junior Quiz 2020 ANI | Updated: Dec 23, 2020 16:00 IST With an impressive score of 205 points, the winners Kushal Pawar and Yash Jain were bestowed with the title of National Champions and rewarded prizes worth Rs 2,25,000/-. Maharaja Agrasen Vidyalaya, Ahmedabad, team bagged the title of the first runner up team to take home won ...