Updated Feb 20, 2021 | 15:25 IST
Starting July 1, 2021, the penal TDS and TCS rates are 10-20 per cent, as against 5-10 percent normally Uncertainties around how Budget 2021 TDS rules will be implemented
New Delhi: Budget 2021 has laid out stringent norms for those not filing tax returns. So, if you have not been filing your income tax returns, you have to pay a higher tax deducted at source (TDS). Even the Tax collected at Source (TCS) will increase for those who do not file their income tax returns. Starting July 1, 2021, the penal TDS and TCS rates are 10-20 per cent, as against 5-10 percent normally.
Lawyers working in the renew-able energy sector in India have been busy. Despite a global pandemic, India’s renewable energy market has continued to grow, underpinned by government support and a global emphasis on sustainability.
In 2020, M&A transactions in the country of around $2 billion saw a 75 per cent jump from transaction volumes estimated at $1.2 billion in 2019, according to KPMG. India also is now the world’s third-largest electricity producer, just surpassing Japan and Russia, and demand is only expected to grow, according to a report from PwC.
Lawyers say a raft of factors have contributed to the recent market trend.
Press release content from Business Wire. The AP news staff was not involved in its creation.
HCL Foundation Continues Commitment to Enhance Rural Lives; Announces INR 16.5 Crore ($2.27 Million) Grant to NGOs in Sixth Edition of HCL Grant
February 16, 2021 GMT
NOIDA, India (BUSINESS WIRE) Feb 16, 2021
HCL Foundation, the corporate social responsibility arm of HCL Technologies Ltd., today announced the winners of the sixth round of the HCL Grant, a flagship program dedicated to strengthening India’s “fifth estate” of NGOs working towards nation building.
The three NGOs, one each in the development areas of environment, health, and education, will each receive a grant of INR 5 crore ($685,000) for a three to five-year project. In addition, two finalists in each category will receive a one-year grant of INR 25 lakhs ($34,000), making a total grant of INR 16.5 crore.
HCL Foundation announces INR 16.5 crore grant to NGOs in sixth edition of HCL Grant
Posted On: 2021-02-16 01:26:49 (Time Zone: Arizona, USA)
HCL Foundation, the corporate social responsibility arm of HCL Technologies Ltd., today announced the winners of the sixth round of the HCL Grant, a flagship program dedicated to strengthening India s fifth estate of NGOs working towards nation building.
The three NGOs, one each in the development areas of environment, health, and education, will each receive a grant of INR 5 crore ($685,000) for a three to five-year project. In addition, two finalists in each category will receive a one-year grant of INR 25 lakhs ($34,000), making a total grant of INR 16.5 crore.
HCL Foundation, the corporate social responsibility arm of HCL Technologies Ltd., today announced the winners of the sixth round of the HCL Grant, a flagship program dedicated to strengthening India’s “fifth estate” of NGOs working towards nation building.