Direct tax compliance set to be made easier in upcoming Budget

[Business-Standard]( Daily Newsletter 26 January 2021 [Facebook]( [RSS]( [Twitter]( [Google Plus]( [Twitter]( [YouTube]( [Markets]( [Companies]( [Banking]( [Economy]( [Opinion |]( [Life]( [Management]( [Technology]( LIVE MARKETS [SENSEX]( 48347.59 (-530.95) [NIFTY]( 14238.90 (-133.00) GOLD (MCX 10 GM) 49110.00 (-30.00) SILVER (MCX 1 KG) 66490.00 (-152.00) USD ($) / INR(Rs) 72.92 (-0.06) Front Page [Premium Content][Direct tax compliance set to be made easier in upcoming Budget]( Budget may resolve issues related to administration [Amazon asks Delhi High Court to detain Future Group founder, others]( Petition also talks about seizure of assets for violating an arbitration court's order to temporarily halt Future Group's $3.4-bn deal with RIL [Cairn threatens to enforce arbitration award against Indian assets overseas]( Cairn was awarded damages of over $1.2 billion plus interest and costs in the long-drawn tussle over a tax dispute [L&T consolidated Q3 PAT at Rs 2,467 crore, up 5% YoY on lower expenses]( Consolidated Group order book at record high of Rs 331,061 crore as on Dec 31, 2020 [Ahead of tractor rally, farmers announce march to Parliament on Budget Day]( Farmers protesting against the Centre's three farm laws on Monday announced that will undertake a foot march towards the Parliament building ... [Premium Content][RBI open to digital currency, examining the need to introduce CBDC]( A CBDC is legal tender and a central bank liability in digital form denominated in a sovereign currency and appearing on the central bank's ... [Premium Content][Capitalise PSBs, create bad bank to absorb NPAs, says financial sector]( Rating agency CARE Ratings said, given that bank credit growth would be higher in FY22 than in FY21, incremental credit would be Rs 10-11 ... [Premium Content][Investors bet big on Adani Green, but risk-reward outlook is open question]( Share of AGEL, which is into solar and wind power, jumped over six times in 2020 versus a gain of 10% for the NSE's Nifty 100 Index - the first ... [Dr Reddy's, Zuventus get nod to conduct Covid-19 trials on repurposed drugs]( NeuroRx and Relief Therapeutics have partnered to develop a drug called RLF-100 that has anti-inflammatory and anti-cytokine activity [India-China standoff: Several soldiers injured in minor face-off at Sikkim]( Naku La, incidentally, was one of the original face-off sites, along with Pangong Tso, Galwan, Gogra, Hot Springs, in early-May last year Companies [Wealth of Indian billionaires increased by 35% during lockdown: Oxfam]( Calling the coronavirus pandemic the world's worst public health crisis in a 100 years, the report said it triggered an economic crisis ... [Neelachal Ispat Nigam, partly owned by Odisha govt, to be privatised]( The interested bidders should have a minimum net worth of Rs 2,000 crore [38% Indian women working in tech industry prefer working from home: Survey]( Almost 38 per cent Indian women working in a tech or IT industry prefer working at home to working in the office, says a new survey [Premium Content][Retailers push the discount pedal on R-Day, offer rebates of up to 60%]( Most categories looking to capitalise on out-of-home momentum [» Read More Stories in Companies]( Economy & Policy [Premium Content][Govt missing the perfect opportunity for PSU privatisation: Experts]( Say Centre should push PSU share sale as markets hit record high [Budget 2021 may show Centre's fiscal deficit at 5.5% of GDP for FY22]( The significant shortfall in receipts is likely to lead to the doubling of fiscal deficit to an estimated 6.9 per cent of GDP in FY21 [Budget Byte: Imports grow after 9 months, signal consumption recovery]( This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1 [Transport ministry okays green tax on vehicles over 8 years old: Gadkari]( Proposal to go to states before notification; lower rate for public transport, EVs exempt [» Read More Stories in Economy & Policy]( Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) [Adani Transmissi]( 471.15 -1.26 [Aegis Logistics]( 282.70 -0.74 BSE TOP GAINERS Company Price (Rs) Change (%) [Gateway Distr.]( 174.90 12.15 [Aurobindo Pharma]( 998.00 8.05 BSE 52-WEEK LOW Company Price (Rs) Change (%) BSE TOP LOSERS Company Price (Rs) Change (%) [Apollo Tyres]( 211.15 -8.95 [Metropolis Healt]( 2019.75 -7.59 [Premium Content][Credit risk fund outflow reduces as yields rise on rally in rates]( Offer significant spread over 'AAA' corporate bond funds over 3-yr period [Shares of Reliance Industries plunge 6% on disclosure concerns]( The country's most-valuable firm reported record quarterly profit for the quarter ended Dec 31, but didn't disclose gross refining margins, a ... [Premium Content][SBI Cards growth nears pre-Covid level on higher spends, new card sourcing]( Asset quality needs monitoring as Q3's gross NPA ratio of 4.5 per cent is higher than average [Franklin Templeton: Will first deal with e-voting objection, says SC]( Earlier, the apex court had asked the Securities and Exchange Board of India (Sebi) to appoint an observer for overseeing the e-voting process [» Read More Stories in Markets]( Opinion [Premium Content][Democracy without safeguards]( India is facing a considerable diminution of its soft power [Premium Content][A symbiotic relationship]( Tech giants and media must have a revenue-sharing model [Premium Content][Is there a bubble in financial markets?]( Markets are past the phase of multiple expansion driven by ultra-easy financial conditions [Premium Content][Tata's airline dilemma]( A Tata takeover of Air India is being seen as the best outcome for all concerned [Premium Content][In India's K-shaped economic recovery, keep a watch on middle-income groups]( India's better-than-expected recovery story was scripted by households, and not government spending or private sector investments [» Read More Stories in Opinion]( Finance [Yes Bank: ED raids Mumbai builder group in money laundering case]( At least 10 premises of a Mumbai-based realty group were raided [Bank of America gives pandemic bonus to 97% of its 170,000 staff]( This includes over 24,000 of the bank's staffers in India [Union Bank completes IT integration of all Andhra Bank branches with itself]( Union Banks it has completed IT integration of all branches of erstwhile Andhra Bank with itself [Kotak Mahindra Bank Q3 consolidated net up 11% at Rs 2,602 cr on robust NII]( Asset quality improves both YoY and sequentially; bank has also granted one-time recast of borrowers under RBI resolution framework, amounting ... [» Read More Stories in Finance]( Technology [WhatsApp Privacy Policy: European users treated differently, govt tells HC]( Opt out available to Europeans, all or nothing for Indians, claims Centre [iPhone 13 may come with smaller notch, redesigned Face ID system]( Apple's upcoming iPhone 13 series will reportedly feature a redesigned Face ID system that will allow for a smaller notch [Dixon Technologies arm inks deal with HMD India to manufacture Nokia phones]( Dixon Technologies' wholly-owned subsidiary Padget Electronics has entered into an agreement with HMD India for manufacturing Nokia smartphones [OnePlus launches Buds Z limited edition in India for Rs 3,699]( OnePlus on Monday launched a limited edition of its Buds Z in collaboration with Los Angeles-based artist and designer Steven Harrington, for Rs ... [» Read More Stories in Technology]( PF [Premium Content][Don't withdraw from the NPS corpus unless you are facing an emergency]( While new online facility will make part withdrawal convenient, subscribers must exercise restraint [Irdai introduces 'Saral Pension', a standard individual annuity product]( It is an immediate-anuuity product comes that all life insurers must start offering by April 1 [» Read More Stories in PF]( Beyond Business [Premium Content]['Pranabda' as president]( Book review of The Presidential Years 2012-2017 [» Read More Stories in Beyond Business]( [About us]( | [Partner With Us]( | [Job@BS]( | [Advertise with us]( | [Connect BS]( | [Refer a friend]( Ensure that you always receive messages from business-standard.com Add bsemailservices@business-standard.net.in to your Address Book or Safe List. 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