Clipped from: https://www.business-standard.com/article/opinion/cbic-clears-air-on-faceless-assessment-issues-120101900038_1.html The CBIC has decided that all Saturdays (except second Saturday) will be working days for all the faceless assessment groups (FAGs) and port
Day: October 19, 2020
GST–Bridge the gap | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/bridge-the-gap-120101800943_1.html Centre’s decision to borrow doesn’t fully address the GST issue The Union government’s decision to borrow and on-lend to the states to cover
Centre to ensure interest waiver benefits to small borrowers by Nov 2 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-to-ensure-interest-waiver-benefits-to-small-borrowers-by-nov-2-120101900040_1.html Experts say provisioning requirements for banks may go up 20-50 per cent in Q2 due to SC standstill order It will tentatively cost
Centre may have no stake in public sector banks after privatisation | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/centre-may-have-no-stake-in-public-sector-banks-after-privatisation-120101900050_1.html Wants RBI to relax the rules on ownership in private sector banks The RBI has set up a committee under retired bureaucrat P
Single-window clearance expected to start in April with 20 states on board | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/single-window-clearance-to-start-in-april-govt-expects-20-states-on-board-120101900023_1.html At least half a dozen foreign investors are said to be in talks with the government for this mechanism The exercise is part
Delhi HC admits petition challenging Faceless Income Tax Appeal Scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/delhi-hc-admits-petition-challenging-faceless-income-tax-appeal-scheme/article32880159.ece Within three weeks of its launch, Faceless Income Tax Appeal Scheme is under judicial scrutiny as Delhi High Court has allowed a petition
India’s inflation targeting framework needs a relook – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indias-inflation-targeting-provisions-need-a-relook/article32886547.ece The assumptions underlying Chapter III-F of the RBI Act have become a hindrance to the achievement of India’s development goals It is widely
All you need to know about health insurance waiting periods – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/all-you-need-to-know-about-health-insurance-waiting-periods/article32886197.ece?homepage=true It’s vital to know the details of the waiting period clause in your health insurance Insurance regulator IRDAI has mandated that the waiting
Probing judicial impropriety and corruption – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/probing-judicial-impropriety-and-corruption/article32887628.ece Only retired judges of high credibility would be able to conduct a robust inquiry into Jagan Reddy’s complaint. Andhra Pradesh Chief Minister Y.S.
An incomplete solution: The Hindu Editorial on Centre borrowing for States to meet GST shortfall – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/an-incomplete-solution-the-hindu-editorial-on-centre-borrowing-for-states-to-meet-gst-shortfall/article32887686.ece The Centre must assure States on the timeline for payment of the GST compensation due The past week witnessed some forward, albeit inexplicably
Rights of domestic workers in focus post-lockdown – The Hindu
Clipped from: https://www.thehindu.com/news/national/rights-of-domestic-workers-in-focus-post-lockdown/article32887623.ece?homepage=true Many were denied salaries, lost jobs and faced harassment from employers The denial of salaries and loss of employment faced by domestic workers
TDS on e-Commerce is a very bad idea–Economic Times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/tds-on-e-commerce-is-a-very-bad-idea/ The government should rethink its move to levy, come October 1, a 1% tax deducted at source (TDS) on sales facilitated by an
Future is female–Ecobinuc Times
Clipped from: https://timesofindia.indiatimes.com/blogs/voices/future-is-female-2/ To say that men dominate the world of entrepreneurship would be a gross understatement. According to the Reserve Bank of India only 5.9%
Estimating change the right way: Approaching the post-pandemic world
Clipped from: https://timesofindia.indiatimes.com/blogs/voices/estimating-change-the-right-way-approaching-the-post-pandemic-world/ Jeff Bezos was on stage at a press event, when a reporter asked him, “Jeff, what do you think is going to change
‘Essential Commodities Act was conceptualised in the era of food shortages … we have moved from scarcity to food security’
Clipped from: https://timesofindia.indiatimes.com/blogs/the-interviews-blog/essential-commodities-act-was-conceptualised-in-the-era-of-food-shortages-we-have-moved-from-scarcity-to-food-security/ The Essential Commodities Act was amended during the last Parliament session, 65 years after it was first enacted. The government has promised it
Let Indian Fintech Grow Into (Gi)Ants-Economic Times-
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/let-indian-fintech-grow-into-giants/ There is much that India’s financial regulators, besides financial technology companies, can learn from Ant Group Company’s forthcoming mega initial public offering. Ant,
IMF chief Kristalina Georgieva says ‘much more decisive’ action needed to deal with debt problems – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/imf-chief-kristalina-georgieva-says-much-more-decisive-action-needed-to-deal-with-debt-problems/articleshow/78735593.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The head of the International Monetary Fund on Sunday called for significant steps to address the increasingly unsustainable debt burdens of some countries,
Retail cheque payments down to a trickle in FY20 to 2.96%: RBI data – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/retail-cheque-payments-down-to-a-trickle-in-fy20-to-2-96-rbi-data/articleshow/78731214.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In FY2020, the share of paper clearing in total retail payments plunged to just 2.96 per cent in terms of volume and to
Higher NPAs hinder monetary policy transmission: RBI paper – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/higher-npas-hinder-monetary-policy-transmission-rbi-paper/articleshow/78731226.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In an environment of sustained asset quality stress impacting the capacity of banks to lend, the government has infused capital in public sector
Hospitality sector, easiest way of doing business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/view-hospitality-sector-easiest-way-of-doing-business/articleshow/78738033.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis– Maharashtra is blessed — from beaches and its coastline to urban sprawls, to forts and temples and festivals, each region is so
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