insolvency and bankruptcy code

Staff not liable if employer under IBC fails to deposit TDS: Bombay HC

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Staff not liable if employer under IBC fails to deposit TDS: Bombay HC

New Delhi: The Bombay High Court on Wednesday ruled that employees are not liable for deposit of tax deducted at source (TDS) if the employer of a company undergoing resolution under Insolvency and Bankruptcy Code fails to do so. The order comes as a relief to employees of companies such as Byju’s who had received … Read more

Budget 2024 will roll out historic steps, speed up reforms: President Murmu

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Budget 2024 will roll out historic steps, speed up reforms: President Murmu

NEW DELHI: Raising expectations of major announcements, President Droupadi Murmu on Thursday said the first Budget of PM Narendra Modi‘s third term will have several historic steps, going beyond economic and social decisions. “This Budget will be an effective document of govt’s far-reaching policies and futuristic vision… The pace of reforms will be further accelerated … Read more