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Indian businesses fear higher taxes over unsettled dues to small vendors as March 31 deadline inches closer - Vimarsana News

Indian businesses fear higher taxes over unsettled dues to small vendors as March 31 deadline inches closer

Indian businesses are facing a higher tax outgo due to a new law that requires them to clear outstanding dues to small and micro vendors within 45 days. The law, passed in 2023 and unchanged in the 2024 budget, treats incurred expenditures as income on which tax must be paid for FY 24-25. Many businesses are consulting auditors and tax experts to estimate the extent of the impact and find ways to avoid a tax blow. Some small units are even considering surrendering their 'small and micro' registrations to protect their order books.

Inside 79(3)(b), the content blocking provision with many legal grey areas - Vimarsana News

Inside 79(3)(b), the content blocking provision with many legal grey areas

Legal experts say the provision has created a grey area for who can direct intermediaries to remove content, for what reason, and if it can be challenged | Latest News India

Bengaluru Court sentences man to 10 years in jail under UAPA for pro-ISIS tweets - Vimarsana News

Bengaluru Court sentences man to 10 years in jail under UAPA for pro-ISIS tweets

Mehdi Masroor Biswas, originally from Kolkata, was arrested by the Bengaluru Police in 2014 for running a Twitter account that posted several tweets supporting the ideology of the Islamic State (ISIS).

Social sites need a mechanism to verify their users: MoS IT Rajeev Chandrasekhar, ET Telecom - Vimarsana News

Social sites need a mechanism to verify their users: MoS IT Rajeev Chandrasekhar, ET Telecom

The government has no issues with anonymous accounts on social media but platforms should develop a mechanism to verify users so that in case of any unlawful activity, they can be identified, said electronics and information technology minister of state Rajeev Chandrasekhar.

rajeev chandrasekhar: Social sites need a mechanism to verify their users: MoS IT Rajeev Chandrasekhar - Vimarsana News

rajeev chandrasekhar: Social sites need a mechanism to verify their users: MoS IT Rajeev Chandrasekhar

The government has no issues with anonymous accounts on social media but platforms should develop a mechanism to verify users so that in case of any unlawful activity, they can be identified, said electronics and information technology minister of state Rajeev Chandrasekhar.