Clipped from: https://www.thehindubusinessline.com/economy/i-t-dept-allows-revision-of-declarations-filed-under-vivad-se-vishwas-scheme/article33262873.ece?homepage=true Entities filing declaration under the direct tax dispute resolution scheme ‘Vivad Se Vishwas’ can revise them till the time tax authorities issue certificate
Month: December 2020
From blacklisting norms to row over foreign award, here’re top court orders | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/from-blacklisting-norms-to-row-over-foreign-award-here-re-top-court-orders-120120201401_1.html A selection of key court orders SC: Follow norms before blacklisting Government companies hold most of the contracts and they are also the
Notifications on GST exemptions puzzle exporters | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/notifications-on-gst-exemptions-puzzle-exporters-120120600854_1.html On January 23, 2018, the exporters were barred from exporting on payment of IGST under refund claim if the supplier to the AA
RBI’s challenges | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/rbi-s-challenges-120120600805_1.html As growth recovers, it will need to address other policy issues The Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) on Friday
E-invoicing under GST pick up speed, posts 17% growth in November | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/e-invoicing-under-gst-pick-up-speed-posts-17-growth-in-november-120120700021_1.html Daily invoice generation has now improved to 2.5-2.7 million per day compared to an average of 1.5 million a day in October. E-invoicing
Which bank next on the RBI radar? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/which-bank-next-on-the-rbi-radar-120120600843_1.html If shareholders can throw the chairman and MD out, where is the sanctity of the RBI approval for such appointments? At the post-monetary
Making Punjab great again: How to get farmers out of MSP trap – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/making-punjab-great-again-how-to-get-farmers-out-of-msp-trap/2144459/ If Punjab farmers want to increase their incomes significantly, they need to gradually move away from MSP-based Paddy & Wheat to high-value crops/
Negotiate but hold firm on farm laws–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/negotiate-but-hold-firm-on-farm-laws/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. India has in the Food Corporation’s stocks more
Follow the US trail on legalising ‘ganja’–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/follow-the-us-trail-on-legalising-ganja/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The US House of Representatives — America’s equivalent
NCLAT stays order directing ArcelorMittal to pay Rs 1,300 crore to Odisha Slurry Pipeline Infrastructure – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/nclat-stays-order-directing-arcelormittal-to-pay-rs-1300-crore-to-odisha-slurry-pipeline-infrastructure/articleshow/79594891.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “As an ad-interim the operation of the impugned order as regards making of payment by the Appellant (ArcelorMittal India) to ‘OSPIL’ by 15th
Job cuts, salary adjustments in Covid-19 aftermath not as widespread as expected: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/job-cuts-salary-adjustments-in-covid-19-aftermath-not-as-widespread-as-expected-report/articleshow/79592672.cmsSynopsis “Despite the severe impact on revenue and cash, very surprisingly, the display of compassion and community outreach have produced a spontaneous level of
India’s pre-pandemic woes cast a shadow on its swift economic rebound – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-indias-pre-pandemic-woes-cast-a-shadow-on-its-swift-economic-rebound/articleshow/79596175.cmsSynopsis Although India experienced one of the largest growth contractions among emerging markets in 2020, the larger decline sets stage for a larger bounce
Disability: A tale of two societies | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/disability-a-tale-of-two-societies-922405.html Persons with disability can live with dignity if society is structured keeping his/her functioning in mind The tagline “Disability is only a state
How India’s romance with Bharat’s farmers faded | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/how-india-s-romance-with-bharat-s-farmers-faded-922810.html In the current set of farmers’ concerns, the urban elite sees a tale of farmers’ inefficiency & reluctance to embrace the warmth of
Trust deficit: The Hindu Editorial on Dilli Chalo farmer protests and need for a legal guarantee for MSP – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/trust-deficit-the-hindu-editorial-on-dilli-chalo-farmer-protests-and-need-for-a-legal-guarantee-for-msp/article33253115.ece Apart from the fresh amendments, the Centre must consider a legal guarantee for MSP The Samyukta Kisan Morcha, a federation of around 500
RBI extends its pause: What lies ahead for borrowers, depositors and bond markets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/rbi-extends-its-pause-whats-lies-ahead-for-borrowers-depositors-and-bond-markets/article33247082.ece As was widely expected, the RBI paused and held its key policy repo rate at 4 per cent on concerns over sticky inflation.
RBI to mandate risk-based internal audit for large UCBs, NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-to-mandate-risk-based-internal-audit-for-large-ucbs-nbfcs/article33251410.ece The Reserve Bank of India (RBI) has decided to bring large Urban Cooperative Banks (UCBs) and Non-Banking Finance Companies (NBFCs) within the Risk
Why action was taken on HDFC Bank for outage – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-governor-on-hdfc-bank-action-public-confidence-in-digital-banking-has-to-be-maintained/article33249138.ece Urges banks to invest proactively in technology; RBI team also looking into outage at SBI Reserve Bank of India Governor Shaktikanta Das on
The power of forward guidance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-power-of-forward-guidance-120120401574_1.html The point of dissonance is, however, regarding the surplus liquidity sloshing around the banking system and the fear that it might endanger financial
Reserve Bank asks banks not to declare dividend for FY 20 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/covid-impact-reserve-bank-asks-banks-not-to-declare-dividend-for-fy-20-120120500785_1.html The RBI has asked banks to conserve capital and not make any dividend payments for financial year 2020 The Reserve Bank of India (RBI) has
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