Clipped from: https://www.financialexpress.com/industry/sme/treds-rbis-bill-discounting-mechanism-tops-1500-company-registration-mark-up-5x-in-nearly-18-months/2267005/ TReDS was introduced in 2014 by the central bank and later in 2017, three platforms including M1Xchange promoted by Mynd Solutions, Invoicemart (joint
Month: June 2021
RBI’s liquidity measures may aid in kick-starting investment cycle; no rush to roll back rate cuts – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbis-liquidity-measures-may-aid-in-kick-starting-investment-cycle-no-rush-to-roll-back-rate-cuts/2266617/ The RBI also announced new special liquidity worth Rs 160 billion to SIBDI for on-lending for MSMEs at the prevailing policy repo rate
Know what investment utilisation ratios say about a firm – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-know-what-investment-utilisation-ratios-say-about-a-firm/2266923/ Fixed Assets Turnover is computed by dividing the revenue of a firm by its tangible fixed assets. For all the five ratios, higher
G7 makes a good start on tax reform – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/g7-makes-a-good-start-on-tax-reform/articleshow/83288635.cmsSynopsis Often, MNCs are known to shift their tax liability by assigning a share of costs and profits to a subsidiary in a low-tax
How to manage money, asset transfers after untimely death of a dear one – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/how-to-manage-money-asset-transfers-after-untimely-death-of-a-dear-one/articleshow/83257677.cmsSynopsis Rules related to the transfer of money/asset in the name of a nominee or legal heir varies. Before being able to access any
Financial creditors may realise Rs 55,000-60,000 cr through IBC in FY22: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/financial-creditors-may-realise-rs-55000-60000-cr-through-ibc-in-fy22-report/articleshow/83306043.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The realisation for financial creditors from the resolution of Corporate Insolvency Resolution Process (CIRP) under the IBC declined significantly in FY2021 with a
What now for the G7 tax deal on multinationals? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/what-now-for-the-g7-tax-deal-on-multinationals/articleshow/83309870.cmsSynopsis Hailed as historic by its backers, the deal nonetheless contains much detail that still needs to be hammered out in time for countries
I-T dept launches new e-filing portal, asks taxpayers to update mobile number, email ID – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/i-t-dept-launches-new-e-filing-portal-asks-taxpayers-to-update-mobile-number-email-id/articleshow/83317211.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The income tax department also asked taxpayers to re-register their DSC (Digital Signature Certificate), update personal mobile number and email ID under ‘primary
Global minimum corporate tax: How does one pay ‘right taxes at the right place’? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/global-minimum-corporate-tax-how-does-one-pay-right-taxes-at-the-right-place/articleshow/83319689.cmsSynopsis A global consensus also ensures that MNCs are not caught between conflicting claims of governments and be subjected to double or multiple taxation.
करावे कर-समाधान : एचयूएफ आणि प्राप्तिकर कायदा | लोकसत्ता
Clipped from: https://www.loksatta.com/arthvrutant-news/hindu-undivided-family-under-the-income-tax-act-zws-70-2491175/ कर नियोजन करताना या बाबींचा विचार करदात्याने केला पाहिजे जेणेकरून कुटुंबाच्या उत्पन्नावर करदात्याला वैयक्तिकरीत्या कर भरावा लागणार नाही. प्रवीण देशपांडे pravin3966@rediffmail.com आता वाचकांकडून
When former biz owners try the back door – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/corporate-file/when-former-biz-owners-try-the-back-door/article34745681.ece Insolvent promoters are cobbling together sweet offers to regain their empires, but what does the insolvency and bankruptcy law really say? On October
With borrowers unable to service loans, shadow banks are in for more pain | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/with-borrowers-unable-to-service-loans-shadow-banks-are-in-for-more-pain-121060600856_1.html The bulk of the NBFC business is cornered by the top ten players, and they include several state-run entities. Imaging: Ajay Mohanty Y
Post-Covid recovery will be uneven | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/post-covid-recovery-will-be-uneven-121060600824_1.html If the pandemic were to prolong, or if the monsoon is below normal, rural incomes will be impacted, and demand recovery will be
Why GDP data is irrelevant to markets | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-gdp-data-is-irrelevant-to-markets-121060700003_1.html Technology has changed how we collect data and which data set is more reliable This is my third piece in a series that
Hike corporation taxes now: GVA underscores disparity between India Inc & MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/hike-corporation-taxes-now-gva-underscores-disparity-between-india-inc-msmes/2266265/ A retrospective higher tax for FY21 not out of place On the contrary, fat-cat corporations and banks that were, in any case, raking
Labour codes: Workers to see reduction in take-home pay, companies’ Provident Fund liability to go up – The Financial Express
lipped from: https://www.financialexpress.com/money/labour-codes-workers-to-see-reduction-in-take-home-pay-companies-provident-fund-liability-to-go-up/2266066/ Once the wages code comes into force, there will be significant changes in the way basic pay and provident fund of employees are
MSME schemes 2020: What was announced, what was utilised, and what is needed in 2021 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-schemes-2020-what-was-announced-what-was-utilised-and-what-is-needed-in-2021/2266219/ As we grapple with an even deadlier second wave of the pandemic this year, it would be interesting to see how last year’s
Production-Linked Incentive scheme reset: Govt may shift smartphone PLI by a year – The Financial Express
Clipped from: https://www.financialexpress.com/industry/production-linked-incentive-scheme-reset-govt-may-shift-smartphone-pli-by-a-year/2266267/ Outlay, investment & sales targets, and incentive structure would remain the same Companies that did not meet the FY21 incremental sales target now
China is now second-largest export destination, behind only US – The Financial Express
Clipped from: https://www.financialexpress.com/economy/trade-talk-china-is-now-second-largest-export-destination-behind-only-us/2266285/ Analysts, however, caution against reading too much into the FY21 data, saying “one swallow doesn’t make a summer”. As such, the pandemic year
Crypto assets: Hold crypto assets? Here’s how you are going to pay income-tax on it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/hold-crypto-assets-heres-how-you-are-going-to-pay-income-tax-on-it/articleshow/83277122.cmsSynopsis India’s tax authorities have not yet categorized returns from cryptocurrencies under any specific bracket and there have been no judicial precedents in this
aniltikotekar4sme.com 