PIONEER LEGAL
Can you transfer EPF account from unexempted trust to EPFO, exempted trust?
EPF account transfer from unexempted trust: Many salaried individual have Employees' Provident Fund account either with EPFO or exempted trusts. However, what if you have an EPF account with unexempted trusts? Does EPF scheme rules allow an EPF member to transfer the unexempted trusts to EPFO or exempted trusts? Read on to know about it.
You could lose section 80C tax benefit on EPF contribution; here's why
Section 80C tax benefit on EPF: Many salaried individuals claim Section 80C tax benefit on their own Employees Provident Fund (EPF) contribution. However, not many are aware that if the EPF trust does not meet certain specified conditions, then both the employer and employee contribution will be taxable in the hands of an individual.
Consolidation of businesses across sectors and domestic consumption will drive M&A activities: Satish Kishanchandani, Pioneer Legal
Satish Kishanchandani, managing partner of Pioneer Legal, foresees India's robust economy and focus on infrastructure boosting M&A activities, notably in automotive, infrastructure, clean energy, and healthcare sectors. Factors such as rupee stabilization, interest rates, and available investment funds will shape transactions. Regulatory reforms and investor confidence are expected catalysts for growth.
How AI-generated music is shaking up the industry and why artists are wary
The use of AI in music exploded with the entry of tech giants and powerful AI-first firms. One of the pioneers was OpenAI’s Jukebox. Released in 2020, it generated raw audio that approximated the inputs you gave like a certain musician or a particular genre.
Eyestem to begin human trials for its pioneering Dry AMD treatment
Dry AMD, a leading cause of vision loss in the ageing population of people over 50, has long been a challenge due to the limited availability of effective treatments and the high costs associated with emerging therapeutic options.
Grassroots revolution: The road to legal cannabis
Germany is set to join the global cannabis revolution on Monday, with a law coming into effect legalising recreational use of the drug. Under federal law cannabis is still illegal, but in practice the law is not enforced.
The rise & fall of a mogul: A timeline of Sean Comb's ascent as hip-hop king, controversies & legal drama
Sean ‘Diddy’ Combs’s career is marked by violence, assault, and run-ins with the law.
HUL rolls out kinship caregiver leave policy
Hindustan Unilever Ltd (HUL) introduces a foster/kinship caregiver leave policy, offering up to 4 weeks of leave to employees for pre-adoption foster care or becoming legal guardians. The policy emphasizes diversity, family wellbeing, and compliance with guidelines and acts.
International Women's Day: the intersection of technology, law, and gender
The intersection of technology, law, and gender presents opportunities for women in the legal realm to contribute to the digital transformation of the sector.
Bitcoin a dud in El Salvador, first country to make it legal tender
The government of President Nayib Bukele took this pioneering step in 2021, introducing bitcoin in circulation alongside the US dollar, which replaced the Salvadoran colon in 2001.
In spot bitcoin ETF race, some pioneers stick to the sidelines
That would drive up marketing expenses, one of the biggest costs of an ETF debut. Combined with legal, SEC filing, and listing costs, the bill for launching even a simple ETF rings in at about $100,000, according to lawyers. That can climb to millions of dollars if the product is complex and takes a long time to secure SEC approval
More than 170 global leaders call for suspension of legal action against Bangladeshi Nobel laureate Yunus
Over 170 global leaders, including former US President Barack Obama, have written an open letter to Bangladesh Prime Minister Sheikh Hasina, calling for the suspension of legal actions against Nobel laureate Professor Muhammad Yunus. The letter expresses concern over the "continuous judicial harassment" Yunus has faced and urges a thorough review of the cases against him.
Emerging specialisations for careers in corporate law
Corporate law offers various career options beyond typical mergers, acquisitions, and fundraising legal work, including ESG, forensics, emerging tech, and space law. Law firms are increasingly in demand for corporate ESG reporting, regulatory, and compliance frameworks. Especially in India, space law—the legal aspects of satellite technology, launching vehicles, and debris management—and emerging technology, such as artificial intelligence, blockchain, and virtual reality, offer lawyers with novel and unique responsibilities.
ETPWLA 2023: Unveiling the finalists nominated for the Woman Pioneer of the Year Award
As we anticipate the Grand Finale of the ETPrime Women Leadership Awards (ETPWLA) 2023 on August 4, 2023, the Economic Times is proud to announce the shortlisted nominees for the Woman Pioneer of the Year Award. These finalists are stalwarts in their respective fields, who have shattered barriers and achieved path-breaking success, thus emerging as role models for girls and women everywhere.
Tata Trusts opt for endowment funding route
The Burroughs Wellcome Fund is an independent private foundation dedicated to advancing the medical sciences by supporting research and other scientific and educational activities. The foundation uses the returns from investments to fund its charity work.
Stella McCartney dabbles in art at eco-pioneering Paris show
McCartney's eco-conscious display also pioneered the use of regenerative cotton.
Major brands like Prada cut ties with Chinese actor Li Yifeng after his arrest
The Beijing Police jailed Chinese actor Li Yifeng over allegations of soliciting prostitutes. The brands endorsed by Li Yifeng have also called off their contracts upon the detention.
'When we started ... iPhone didn't exist, gay marriage wasn't legal.' Ellen DeGeneres ends pioneering talk show after nearly 20 years
DeGeneres was hailed as a gay icon, but her sitcom was cancelled a year later amid a backlash.
Metaverse pioneers unimpressed by Facebook rebrand
The term metaverse has become a tech buzzword this year, with companies and investors keen to be a part of the next big thing. But users have for years been spending time in these fast-growing but obscure virtual worlds.
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