Clipped from: https://www.deccanherald.com/opinion/panorama/tejpal-case-stereotypes-trumped-law-997599.html While Tejpal could be innocent, the manner in which the court arrived at its decision is deeply problematic Former journalist Tarun Tejpal (R)
Day: June 15, 2021
All you need to know about tax on gifts | Deccan Herald
Clipped from: https://www.deccanherald.com/business/all-you-need-to-know-about-tax-on-gifts-994493.html For the purpose of Taxation, a gift refers to the receipt of a sum of money, property or something in kind, by any
Step-up working capital loans to street vendors: RBI nudges PSBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/step-up-working-capital-loans-to-street-vendors-rbi-nudges-psbs/article34812258.ece Loan sanctions only at 58 per cent of total applications The Reserve Bank of India (RBI) has impressed upon public sector banks (PSBs)
The crippling impasse over external debt relief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-crippling-impasse-over-external-debt-relief/article34814897.ece The impending debt crisis is spread across low- and middle-income countries. Yet global leaders show few signs of urgency or adequate action to
RBI sharpens tools to fight Covid 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-sharpens-tools-to-fight-covid-20/article34815348.ece It’s time for banks to aggressively use the liquidity windows provided by the RBI to lend to the ailing sectors and hasten revival
Why fiscal prudence in a pandemic year? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-fiscal-prudence-in-a-pandemic-year/article34815104.ece In 2020-21, rather than boost public spending, some States surprisingly chose to cut expenditure/subsides and the fiscal deficit The real gross domestic product
With Adani saying FPI ACs not frozen, ball in SEBI, NSDL court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/with-adani-saying-fpi-acs-not-frozen-ball-in-sebi-nsdl-court/article34815638.ece Adani Group stocks tumble up to 25% With the Adani Group insisting that the demat accounts of the three foreign portfolio investors (FPIs)
A case for investor caution in Q4 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/q4-caution/article34815076.ece?homepage=true Investors would do well not to be guided by Q4 results while placing bets in an over-valued market A lucky combination of circumstances
Don’t delay choosing nominee for life insurance policy, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/don-t-delay-choosing-nominee-for-life-insurance-policy-say-analysts-121061401605_1.html Select a dependent or person likely to shoulder family’s financial responsibilities To avoid a dispute, one should name a nominee while purchasing the
Early signs of recovery in rural India | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/early-signs-of-recovery-in-rural-india-121061401508_1.html Between March and May, consumer sentiments in rural India fell more than twice as much as in urban India In May 2021, the
‘Inflation spike in May might cause RBI to revisit focus on growth risks’ | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/inflation-spike-in-may-might-cause-rbi-to-revisit-focus-on-growth-risks-121061500938_1.html This is based on commentary from global forecasting firm Oxford Economics Photo: Shutterstock Retail inflation spike in May might cause the RBI to “revisit
NRN Murthy’s Cloudtail gets tax notice of Rs 54.5 crore, says report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nrn-murthy-s-cloudtail-gets-tax-notice-of-rs-54-5-crore-says-report-121061401591_1.html Cloudtail, one of the largest sellers on Amazon India, is owned by Prione Business Services Amazon’s stake in Cloudtail has come under fire
CCI to expedite Amazon, Flipkart antitrust probe as tech focus intensifies | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/cci-to-expedite-amazon-flipkart-antitrust-probe-as-tech-focus-intensifies-121061500592_1.html The Competition Commission of India (CCI) initiated a probe in January last year on the basis of a complaint alleging Amazon and Flipkart
Inflation tax masquerading as dividend income | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inflation-tax-masquerading-as-dividend-income-121061401675_1.html What we have is effectively a tax though it is subtle and non-transparent as it is collected indirectly through the RBI. In May,
RBI proposes to lift interest rate cap on microfinance institutions | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-proposes-to-lift-interest-rate-cap-on-microfinance-institutions-121061500044_1.html Proposes debt-income cap; common rules for all micro-loan lenders This debt-income cap, the RBI felt, would obviate the need for having multiple restrictions
Your Money: Of preferred shares and their many variants – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-of-preferred-shares-and-their-many-variants/2271381/ The category of preferred shares which require the carry forward of unpaid dividends are called cumulative preferred shares. In the case of non-cumulative
Where will markets be without central banks? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/where-will-markets-be-without-central-banks/2271391/ Markets are fixated on the inflation debate, but strong recovery with or without inflation will lead to tapering by central banks Bond markets
YOUR QUERIES: INCOME TAX: Can switch to old tax regime at the time of filing income tax return – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-can-switch-to-old-tax-regime-at-the-time-of-filing-income-tax-return/2271385/ Under the new concessional tax rate regime, individuals can offer their total income at lower slab rate prescribed, provided they forgo certain specified
How nominees can easily process Death Claim Settlement – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/life-insurance-how-nominees-can-easily-process-death-claim-settlement/2271573/ In times like these, where mobility itself is a significant constraint and risk, insurance companies offer various digital options for easy claim intimation
Income Tax Alert! CBDT relaxes norms for forms 15CA & 15CB amid glitches on new e-filing portal – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-alert-cbdt-relaxes-norms-for-15ca-15cb-amid-glitches-on-new-income-tax-e-filing-portal/2271538/ The Central Board of Direct Taxes (CBDT) has granted relaxation in electronic filing of forms 15CA & 15CB in view of difficulties reported
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