Clipped from: https://economictimes.indiatimes.com/news/economy/policy/by-i-day-bottlenecks-may-clear-to-ease-biz-compliances/articleshow/82121706.cmsSynopsis The deadline is critical as India is set to celebrate its 75th Independence Day this year with a likely focus on “ease of
Month: April 2021
NBFCs seek extension of MSME restructuring scheme till March 2022 – The Economic Times–*****
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/nbfcs-seek-extension-of-msme-restructuring-scheme-till-march-2022/articleshow/82128505.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In a recent letter written to RBI Governor Shaktikanta Das, FIDC, an industry body of NBFCs, said due to the severe second wave
Flavoured milk taxable at 12% under GST: AAR rules in Amul dairy case – The Financial Express
Clipped from: https://www.financialexpress.com/economy/flavoured-milk-taxable-at-12-under-gst-aar-rules-in-amul-dairy-case/2235440/ Earlier the Karnataka AAR, in an application of Karnataka Cooperative Milk Producers Federation, had ruled that flavoured milk is taxable at 5 per
Start-up funding touches new high in 2021 – The Financial Express–*****
Clipped from: https://www.financialexpress.com/industry/sme/start-up-funding-touches-new-high-in-2021/2235563/ Besides large venture capital funds like Prosus Ventures, Tiger Global and SoftBank that have made big bets on a bunch of local start-ups,
Export hubs urge migrant workers not to leave – The Financial Express–*****
Clipped from: https://www.financialexpress.com/economy/export-hubs-urge-migrant-workers-not-to-leave/2235571/ Large-scale migration following a pan-India lockdown in March last year had not just wrought havoc on the workers themselves but also crippled the
How to secure your banking transactions from cyber frauds – The Financial Express–*****
Clipped from: https://www.financialexpress.com/money/how-to-secure-your-banking-transactions-from-cyber-frauds/2235437/ The growing volume of online transactions and the absence of stringent cybersecurity systems give fraudsters the space to commit malicious acts. The Indian
How to renew your lapsed life, health and motor insurance policies – The Financial Express–*****
Clipped from: https://www.financialexpress.com/money/insurance/how-to-renew-your-lapsed-life-health-and-motor-insurance-policy/2235392/ If any of your insurance policies has lapsed due to unavoidable circumstances, there are ways how you can review or renew your lapsed
Your Money: What profit before and after tax tells about a firm – The Financial Express
lipped from: https://www.financialexpress.com/money/your-money-what-profit-before-and-after-tax-tells-about-a-firm/2234683/ PBT & PAT are the line items of interest for equity investors to assess the attractiveness of the stocks Total revenue is the
Managing suppressed G-Sec yields – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/managing-suppressed-g-sec-yields/2235727/ RBI must juggle its multiple hats well to manage positive and negative pay-offs dexterously This is a good time for RBI to relook
Salaried jobs lost: 10 million & counting – The Financial Express
Clipped from: https://www.financialexpress.com/economy/salaried-jobs-lost-10-million-counting/2235600/ Vyas estimates that overall there has been a 20% loss of household income saying it’s unlikely there would have been any improvement in
‘Any disruption in MSMEs’ sales amid second Covid wave to be detrimental to their survival this time’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-any-disruption-in-msmes-sales-amid-second-covid-wave-to-be-detrimental-to-their-survival-this-time/2235443/ Ease of Doing Business for MSMEs: E-commerce platforms had matched and surpassed their pre-COVID sales as far back as August last year. To
Zoho’s Sridhar Vembu gives growth mantra to SMBs; suggests entrepreneurs to focus on rural India – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-zohos-sridhar-vembu-gives-growth-mantra-to-smbs-suggests-entrepreneurs-to-focus-on-rural-india/2235624/ Ease of Doing Business for MSMEs: For India to achieve its $5-trillion economy goal by 2025, it is imperative for entrepreneurs to look
Cheque bouncing up in April during second wave of Covid-19: HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cheque-bouncing-up-in-april-during-second-wave-of-covid-19-hdfc-bank-121041800413_1.html Ehile cheque returns in April have risen slightly, it this does not necessarily point to a trend, say bank officials Photo: Shutterstock The
Reliance Communication headed for liquidation after NCLAT judgment | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/reliance-communication-headed-for-liquidation-after-nclat-judgment-121041800877_1.html Debt resolution only after clearance of govt dues, says tribunal Anil Ambani, chairman of Reliance Communications. Anil Ambani-promoted Reliance Communications (RCom), which is now bankrupt,
GST evasion by winning bidders: Rly purchases since July ’17 face enquiry | Business Standard News
Clipped from: https://www.business-standard.com/article/indian-railways/gst-evasion-by-winning-bidders-rly-purchases-since-july-17-face-enquiry-121041900026_1.html DGGI decision relates to misclassification of supplies This follows requests by two government departments, the CBIC and the DPIIT, to the Railways for
A hale and hearty banking sector but… | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-hale-and-hearty-banking-sector-but-121041800839_1.html More than banks, most of which have the balance sheet strength to stomach bad loans, it is the borrowers who will suffer once
De-linking of Debit Notes for ITC – A Judicial perspective–tax guru
Clipped from: https://taxguru.in/goods-and-service-tax/itc-debit-note-issued-supplier.html Amended Section 16(4) to de-link ITC on Debit Note with Invoice fails to get stamping of Gujarat AAR in case of M/s I-Tech Plast
The Jigsaw of Pre-Packaged Insolvency for MSMEs–tax guru
Clipped from: https://taxguru.in/corporate-law/jigsaw-pre-packaged-insolvency-msmes.html The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 was promulgated by the President on the Fourth day of April 2021. The Ordinance has been
Pandemic takes the glitz out of luxury hotels as business traveling is crippled – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/pandemic-takes-the-glitz-out-of-luxury-hotels-as-business-traveling-is-crippled/articleshow/82125011.cms Synopsis–New projects around the country will reduce the dependence on big city hotels to about 59% by FY25-26. Five years ago, the number
DPIIT notifies PLI scheme for ACs, LED lights; mere assembly of finished goods not to be incentivised – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/dpiit-notifies-pli-scheme-for-acs-led-lights-mere-assembly-of-finished-goods-not-to-be-incentivised/articleshow/82114195.cmsSynopsis Earlier this month, the government approved a production linked incentive (PLI) scheme for white goods – Air Conditioners (ACs) and LED Lights –
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