Clipped from: https://www.financialexpress.com/opinion/india-inc-must-contribute-to-the-stimulus-given-bumper-profits-cost-cuts-of-rs-4-lakh-crore-it-could-cut-a-cheque-for-the-have-nots/2262627/ The pandemic may have hurt thousands of small businesses and killed many MSMEs, but given their financial and management muscle, the larger corporations
Day: June 1, 2021
High government cash balance likely to limit additional borrowing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/high-government-cash-balance-likely-to-limit-additional-borrowing/articleshow/83119486.cmsSynopsis The fears of additional borrowing due to GST shortfall may not be as substantial as bond dealers anticipated initially. Any large additional borrowing
All you wanted to know about Stagflation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34691993.ece?homepage=true In India we have hardly had any periods without inflation, while developed markets besides inflation, also experience deflation occasionally. But it’s been decades
Tweeting trouble – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tweeting-trouble/article34691665.ece?homepage=true The likes of Twitter, WhatsApp should work with govt to develop regulations rather than question them The unseemly public spat between social media
How RBI managed to boost its surpluses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-rbi-managed-to-boost-its-surpluses/article34691702.ece?homepage=true Revenue from foreign and domestic investments apart, there was a spike in RBI’s holdings of GSecs for which it earns interest The transfer
Half the cases closed under IBC end in liquidation, only 13% resolved | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/half-the-cases-closed-under-ibc-end-in-liquidation-only-13-resolved-121053101129_1.html Haircut rises to 60% of lenders’ claims in FY21 The Indian government had launched IBC 2016 to help banks recover their dues from
GDP growth springs a positive surprise: Four implications for FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gdp-growth-springs-a-positive-surprise-four-implications-for-fy22-121053101265_1.html The positives apart, it is clear consumption can’t rebound meaningfully without large-scale vaccination; the good news is the rate is likely to improve
GDP growth number: A pleasant surprise, but will it help in FY22? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gdp-growth-number-a-pleasant-surprise-but-will-it-help-in-fy22-121053101050_1.html With the second wave leading to a close down of services, in particular, progress will remain retarded Madan Sabnavis The GDP growth number
Can the rich help? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/can-the-rich-help-121053101220_1.html The recovery cannot be investments-led because most enterprises are nursing excess capacities Thanks to the second wave of Covid-19, India’s economic recovery process is stalled.
What is Modi govt’s pet PLI scheme, who is eligible, which sectors have it? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/production-linked-incentive-what-is-modi-govts-pet-pli-scheme-who-is-eligible-which-sectors-have-it/2262391/ PLI scheme offers incentives on incremental sales for products manufactured in India. The first three PLI schemes were approved in March last year
Fiscal support to MSMEs needed to pay employees’ salaries; refunds of unadjusted taxes a must: FICCI survey – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/fiscal-support-to-msmes-needed-to-pay-employees-salaries-refunds-of-unadjusted-taxes-a-must-ficci-survey/2262471/ Even as businesses acknowledged the policy support extended by the Reserve Bank of India on May 5, 2021, including financial support to MSMEs,
Claiming damages due to cyclone is now easier – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/insurance-claiming-damages-due-to-cyclone-is-now-easier/2262526/ With Irdai calling for speedy settlement of claims, insurers are encouraging policyholders to file claims online Insurers will encourage policyholders to use electronic
Cannot adjust LTCG gains against payments for flat made over 5 years – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-cannot-adjust-ltcg-gains-against-payments-for-flat-made-over-5-years/2262545/ The long-term capital gains from sale of a residential house property (held for more than 24 months) can be claimed as exemption under
Insurance better than leaky COVID-19 loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/insurance-better-than-leaky-covid-19-loans/articleshow/83125776.cmsSynopsis The government could part-fund the premium, for people below an appropriate income threshold, to cover population segments not covered by Ayushman Bharat. It
Is it necessary to rewrite will if one of the legal heirs passes away? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/is-it-necessary-to-rewrite-will-if-one-of-the-legal-heirs-passes-away/articleshow/83058840.cmsSynopsis Raj Lakhotia, Founder, Dilsewill answers readers queries related to the transfer of assets. My father wrote a will over a year ago, and I and
Legal rights of wife if husband passes away without a Will – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/legal-rights-of-wife-if-husband-passes-away-without-a-will/articleshow/83058566.cms Synopsis–Women are typically unaware of their legal rights regarding property, let alone know how to access it. Find out about the legal rights
Compliance relaxations, late fee rationalisation to help small taxpayers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-compliance-relaxations-late-fee-rationalisation-to-help-small-taxpayers/articleshow/83113630.cmsSynopsis For monthly and quarterly returns to be filed in the future, the late fee has been capped at Rs 500 for returns with
How supply chain financing can resolve capital issues for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-supply-chain-financing-can-resolve-capital-issues-for-msmes/articleshow/83106050.cmsSynopsis Lenders’ reluctance to extend financing to most MSMEs can be traced back to their inability to adequately assess creditworthiness of small borrowers and
Now we know where exactly RBI wants the bond yields to stay – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/bonds/now-we-know-where-exactly-rbi-wants-the-bond-yields-to-stay/articleshow/83105248.cmsSynopsis The number of people below the poverty line has increased from 6 crore to 13.4 crore due to Covid (Pew Research ). The
India Inc approaches states on labour law framework, seeks less compliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-inc-approaches-states-on-labour-law-framework-seeks-less-compliance/articleshow/83103515.cms Synopsis–The Centre has been reluctant to dilute the rules under the codes and industry sees interactions with states as an opportunity to drive
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