Business Concept’s Daily E-News Letter- 26-09-2021 Only for TC VIP Users

Business Concept’s Daily E-News Letter- 26-09-2021

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CBIC Makes Aadhaar Authentication of Taxpayers Mandatory for Claiming GST Refund

The government has made Aadhaar authentication of taxpayers mandatory for claiming GST refund. The Central Board of Indirect Taxes and Customs (CBIC) has amended GST rules bringing in various anti-evasion measures, including disbursal of GST refunds only in the bank account, which is linked with same PAN on which Goods and Services Tax (GST) registration …

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Income Tax

CBDT Notifies ‘Safe Harbour’ Rates for Transfer Pricing

The tax department has notified the ‘safe harbour’ rates for FY21 for calculation of transfer pricing by foreign companies in India. Generally, safe harbour is defined as circumstances in which the tax authority shall accept the transfer price declared by the taxpayer to be at arm’s length. The Central Board of Direct Taxes, via a …

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How to Calculate Tax for ITR on Multiple Properties

Some of us own multiple properties such as a house, office, shop, or land tract. But in the eyes of the taxman all such properties are the same – be it commercial or residential property. All such are categorised under the ‘Income from house property’ head in the income tax return. However, when any such …

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GooglePe, PhonePe, Paytm Offline Transactions: Here’s How You Can Still Make Payments Without Internet। Step-by-step Guide Here

Are you in the middle of a UPI transaction and got your internet disconnected? Don’t worry. You can still do the payment without the Internet. This facility has been activated in these service apps. To counteract the lack of an internet connection while making payments on Google Pay, Paytm, UPI, and PhonePe, what you need …

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WhatsApp is Expected to Roll Out These New Features in the Coming Weeks

WhatsApp is reportedly planning to roll out a bunch of new features in the coming months. From cashback on WhatsApp payments to redesigning group info pages, there is a lot in store waiting for us. According to a recent report, the Facebook-owned company is eyeing to encourage its users to opt for WhatsApp payments. Now, …

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Business & Economy

Zee-Sony Merger: Invesco Stands by Demand to Remove Punit Goenka as MD, CEO

In a fresh twist to the Zee Entertainment-Sony Pictures India merger saga, Invesco Fund, the largest shareholder of Zee Entertainment Enterprises with 18 per cent stake, is insisting on the extraordinary general meeting (EGM) requisition which sought a newly reconstituted board and the removal of MD & CEO Punit Goenka. In a letter dated September …

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One-third of Employees Feel Disconnected With Leadership: Report

With the new normal after the COVID-19 completely changing the work culture across the world, a report has revealed that one-third of employees interviewed across the world feel disconnected from their leaders as interactions between employees and employers plunged amid the pandemic. One in every three employees feels disconnected from the leader, furthering feelings of …

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