FAQ on Section 194Q TDS on purchase of goods
The number is proposed to be increased to 38 by the Finance Bill, 2021. If all these provisions are projected in a table, they may look like a Periodic Table…
RBI hikes threshold for deposits made by non-financial small businesses by 50% to Rs 7.5 cr for maintenance of LCR
Circular no. RBI/2021-22/151 DOR.No.PRD.LRG.79/21.04.098/2021-22, Dated: 06.01.2022 With an objective to align guidelines with the Basel Committee on Banking Supervision (BCBS) standard, the RBI has decided to increase the threshold limit…
Issuance of NCDs to a selected group via private placement couldn’t be termed as deposits u/s 2(2) of TNPID Act: HC
In the instant case, R2 being a purchaser of non-convertible debentures of company ITNL and having not received interest as undertaken by ITNL while issuing said debentures lodged a complaint…