PMLA rules tightened for beneficial owners of partnership firms
The further tightening of PMLA Rules, 2005 will also ensure stricter compliance by reporting entities
Source: businesstoday.in
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Govt tightens PMLA rules, brings partners with 10% stake under its purview
The Revenue Department has tightened the rules under the anti-money laundering law to make reporting obligations more stringent for entities like banks, stock brokers and insurers, showed an official order.
Source: livemint.com
In Conversation - Simon Hadfield talks to Siimon Reynolds
Success comes down to three core things.
Source: adnews.com.au
You can pay 10% tax on returns from this debt investment vs 30% on debt mutual funds, bank FDs
The taxation rules for debt mutual funds have changed from April 1, 2023. Most of the common debt investment options are taxed at the income tax slabs applicable to their income. However, LTCG on this debt investment option is still taxed at 10%. Read on to know which debt investment is this.
Source: indiatimes.com
Kernic Systems completes installation of scrap collection system at Greenfield Corrugated Sheet Feeder Plant
The installation of the centralized negative pressure scrap collection system at CanCorr included a comprehensive range of equipment with a reported focus on efficiency, safety, and cleanliness.
Source: canadianmanufacturing.com