Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cbdt-allows-tax-audit-report-revision-in-case-of-disallowance-recalculation-notifies-rules/articleshow/81871912.cmsSynopsis Section 40 refers to amounts that are not deductible while computing income chargeable under profits and gains of business or profession, while Section
Month: April 2021
PLI–For a bigger spread – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/for-a-bigger-spread/article34225046.ece Food processing PLI scheme should serve niche, small-scale innovators, too The ₹10,900-crore Production-Linked Incentive scheme for the food processing industry is likely to
Income Tax Department notifies changes in audit report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/income-tax-department-notifies-changes-in-audit-report/article34224857.ece?homepage=true Move expected to increase compliance burden on taxpayers, say experts Subsequent to the enactment of the Finance Bill 2021, the Income Tax Department
MCA defers mandatory audit trail norm by 1 year – ACCOUNTING SOFTWARE: -The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/accounting-software-mca-defers-mandatory-audit-trail-norm-by-1-year/article34221295.ece In a big breather for small and medium sized companies, the Corporate Affairs Ministry (MCA) has deferred by one year the implementation of
Govt’s borrowing plan to mount pressure on G-Sec yields in H1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govts-borrowing-plan-to-mount-pressure-on-g-sec-yields-in-h1/article34225706.ece?homepage=true The Indian government is planning to raise a whopping Rs 7.24 lakh crore in the first half of this year Government Security yields
To prevent misuse, Govt announces ‘National Register’for driving licences – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/road-ministry-brings-into-effect-national-register-for-driving-licenses/article34223965.ece?homepage=true A representative image A representative image× Road Ministry’s move will also flag errant drivers by publicly naming them In a move intended to
Amazon, publisher told to pay Rs 10,000 compensation to book buyer–deccan chronicle
lipped from: https://www.deccanchronicle.com/nation/in-other-news/191220/amazon-publisher-told-to-pay-rs-10000-compensation-to-book-buyer.html Mr Pawar approached the court and also included the publisher as a respondent. Mumbai: A city consumer court has directed Amazon Seller Services Pvt. Ltd.and
कामगार वेतन संहिता लांबणीवर | लोकसत्ता
Clipped from: https://www.loksatta.com/arthasatta-news/on-extension-of-labor-pay-code-abn-97-2433726/ उद्योगजगताला दिलासा; कामगारांचीही वेतन घसरणीतून सुटका (संग्रहित छायाचित्र) विविध प्रकारच्या कामगार कायद्यांना केवळ चार कामगार संहितांमध्ये नियमबद्ध करून, त्यांची गुरुवार, १ एप्रिलपासून होऊ
Price recovery in residential real estate at least two years away: UBS – The Financial Express
Clipped from: https://www.financialexpress.com/industry/price-recovery-in-residential-real-estate-at-least-two-years-away-ubs/2225127/ Property pricing cycle recovery in Pune and Navi Mumbai should be faster than India’s top-seven cities in terms of housing revenue, followed by
Jana Small Finance Bank files DRHP to raise Rs 700 crore via fresh share issue – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/jana-small-finance-bank-files-drhp-to-raise-rs-700-crore-via-fresh-share-issue/2225230/ Its capital adequacy ratio stood at 19.3%, with the tier-I ratio at 13.1%, in FY20. The bank’s net interest margin (NIM) stood at
What gross profit margin tells about a firm – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-what-gross-profit-margin-tells-about-a-firm/2225092/ Higher the gross profit margin, better the firm’s efficiency in managing its production expenses Let us look at the computation of gross profit
Interview: Vikas Bagaria, founder, Pee Safe – The Financial Express
Clipped from: https://www.financialexpress.com/brandwagon/interview-vikas-bagaria-founder-pee-safe/2225238/About 40-45% of our annual turnover is set aside for marketing alone, says Bagaria Pee Safe, which started out as a brand of toilet
Paytm 30% larger than nearest competition in digital payments, says company’s VP Narendra Yadav – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/paytm-30-larger-than-nearest-competition-in-digital-payments-says-companys-vp-narendra-yadav/2224957/ Out of 3,584.13 million digital financial transactions carried out in February according to the data released by NPCI, Paytm claims to have carried
Volatility not for us, ours is a model of steady growth: TT Srinivasaraghavan, former MD, Sundaram Finance – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/volatility-not-for-us-ours-is-a-model-of-steady-growth-tt-srinivasaraghavan-former-md-sundaram-finance/2225254/ There is aversion to lending to NBFCs every time there is a problem in the financial market, though, if you look at the
The slip is showing | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-slip-is-showing-121040101756_1.html India’s gender gap is wider than ever Revelations in the World Economic Forum’s latest Gender Gap Index hold no surprises as far as India’s poor
Credit ratio rebounds to 1.33 as demand recovery takes root: Crisil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/credit-ratio-rebounds-to-133-as-demand-recovery-takes-root-crisil/article34217469.ece Rating upgrades outpaced downgrades Starting the fiscal year 2021-22 on a cautiously optimistic note, two rating agencies on Thursday said the credit quality
Shades of status quo | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/shades-of-status-quo-121040101750_1.html Reversal of interest rate cut should have been avoided The Union government did well to retain the inflation target under the flexible inflation targeting framework. Consequently, the Reserve
France imposes third lockdown amid rising Covid-19 cases, schools closed | Business Standard News
Clipped from: https://www.business-standard.com/article/international/france-imposes-third-lockdown-amid-rising-covid-19-cases-schools-closed-121040200045_1.html The French leader implored the nation to make an extra effort as the lockdown comes into force on Saturday French President Emmanuel Macron
Amazon uses loopholes to not pay a penny in tax: US President Joe Biden | Business Standard News
Clipped from: https://www.business-standard.com/article/international/amazon-uses-loopholes-to-not-pay-a-penny-in-tax-us-president-joe-biden-121040200039_1.html Unveils $2-trn plan aimed at modernising America’s crumbling transport network, creating millions of jobs President Joe Biden President Joe Biden on Wednesday singled out Amazon.com Inc
APOLLO TYRES–We made significant progress in bolstering our balance sheet: Onkar Kanwar | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/we-made-significant-progress-in-bolstering-our-balance-sheet-onkar-kanwar-121040100268_1.html The strategy going forward is really to sweat our assets and get our utilisation levels to reach 90-95% in all our plants, said
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