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Mergers and acquisitions (M&A) deals picked up steam throughout Asia Pacific during the first half of 2021, in no small measure due to a rebound from the worst economic ravages of the COVID-19 pandemic through 2020. With vaccine rollouts continuing and border restrictions being gradually loosened, M&A lawyers can look forward to an upswing in work in 2022 and beyond. ....
Draft rules for direct selling industry will bring in accountability, regulatory clarity: Experts thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Finance ministry notifies new reduced GST rates on Covid essentials The reduced rates, which have come into immediate effect, will remain in force till September 30, 2021 The finance ministry has notified the new reduced goods and services tax (GST) rates on Covid essentials but remained silent on the rates of the items that are with the stockists. The reduced rates, which have come into immediate effect, will remain in force till September 30, 2021. Advertisement “It is better that the government should clarify for no disputes. stockists should be allowed refund as they have paid higher rates of GST on stocks prior to the latest notification and will be selling at a lower rate,” Bimal Jain, tax expert, said. ....
No more leeway for personal guarantors post SC verdict By IANS | 0 Views
SC says remarks against top court growing and everybody joining (Photo Courtesy: Twitter). Image Source: IANS News New Delhi, May 21 : With the Supreme Court on Friday upholding the Centre s notification of November 15, 2019, allowing financial institutions to proceed against individual personal corporate guarantors for recovery of loans of a company under Insolvency and Bankruptcy Code (IBC) proceedings, legal experts say this verdict will go a long way in terms of recovery of dues by the creditors. DHFL s former promoter Kapil Wadhawan and Bhushan Power & Steel s former owner Sanjay Singal may be among the affected people post the verdict. ....