Clipped from: https://www.business-standard.com/article/opinion/m-narasimham-forgotten-contributions-121042301371_1.html In 1977, the Janata government asked him to leave and made Narasimham governor for five months Journalists and sports people are often told
Day: April 24, 2021
India’s tax revenue below potential by about 4% of GDP: 15th Finance Commission Chairman NK Singh – The Financial Express
Clipped from: https://www.financialexpress.com/economy/indias-tax-revenue-below-potential-by-about-4-of-gdp-15th-finance-commission-chairman-nk-singh/2239130/ Speaking at the CSEP-IMF event on “Securing Sustainable Finances and Medium-term Fiscal Frameworks: International Experience and Relevance for India”, Singh said there is
CBDT issues procedure and guidelines for submission of Statement of Financial Transactions for dividend, interest income – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/cbdt-issues-procedure-and-guidelines-for-submission-of-statement-of-financial-transactions-for-dividend-interest-income/2239006/ The statement of financial transactions shall be furnished on or before the 31 st May, immediately following the financial year in which the
Raise the corporate tax rate; big firms will gain share from MSMEs in recovery, should pitch in with welfare – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/raise-the-corporate-tax-rate-big-firms-will-gain-share-from-msmes-in-recovery-should-pitch-in-with-welfare/2239193/ The big companies can afford to pay a 30% corporate tax for a few years. The additional revenue can be used to bring
Who’s manipulating the currency, US?–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/whos-manipulating-the-currency-us/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. America’s decision to place India on its currency
Benefits of PLI Scheme can be undone by lack of Ease of Doing Business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/benefits-of-pli-scheme-can-be-undone-by-lack-of-ease-of-doing-business/articleshow/82208409.cmsSynopsis The PLI Scheme can make a difference to electronic manufacturing in India, but states have to get their act together. While hailing the
Reserve Bank of India bans Amex, Diners from selling new cards from May 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-bank-of-india-bans-amex-diners-from-selling-new-cards-from-may-1/articleshow/82218334.cmsSynopsis The action has been take as these entities have been found non-compliant with the directions on storage of payment system data which the
SEBI wants rights issue refunds to be fast-tracked – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-wants-rights-issue-refunds-to-be-fast-tracked/article34395414.ece Extends relaxation in procedures till September-end The Securities and Exchange Board of India (SEBI) has issued guidelines to fast-track refund for un-allotted and
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