Clipped from: https://www.financialexpress.com/money/insurance/how-much-will-rs-10-lakh-health-insurance-plan-cost-for-a-family-of-4/2262803/ In a Family Floater plan, on paying a single premium amount, the sum insured (coverage) can be utilized by any member of the
Month: June 2021
Income Tax Return: From mobile app to new payment options – know benefits of new e-filing site – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-from-mobile-app-to-new-payment-options-know-benefits-of-new-e-filing-site/2263115/ The ITR filing process will resume from June 7, 2021, a day after launch of the new e-filing site – incometax.gov.in – on
Solar auction: UP does an AP, denies bidder rights – The Financial Express
Clipped from: https://www.financialexpress.com/industry/solar-auction-up-does-an-ap-denies-bidder-rights/2263301/ Developers to move tribunal against state renewable agency’s move, appeal to PM In November 2020, a tariff of Rs 2/unit was discovered in
Use fiscal leeway to boost spending – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/use-fiscal-leeway-to-boost-spending/articleshow/83153041.cmsSynopsis At the same time, the government managed to slip in outstanding dues to the Food Corporation of India and fertiliser producers into the
Taxability of annuity on road construction still a grey area – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-taxability-of-annuity-on-road-construction-still-a-grey-area/articleshow/83112950.cmsSynopsis In its recent meeting the Council had clarified that annuity paid for ‘service by way of access to a road or a bridge’
Non-banks’ NPAs may rise to 4.5-5 per cent by March 2022: Icra – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/non-banks-npas-may-rise-to-4-5-5-per-cent-by-march-2022-icra/articleshow/83147376.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Icra Ratings said non-banks (NBFC and HFCs) will feel the stress of the second wave of COVID-19 and movement restrictions imposed by various
India’s GDP growth numbers hide more than they reveal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-indias-q4-gdp-growth-numbers-hide-more-than-they-reveal/articleshow/83152609.cmsSynopsis The economy sprang out of technical recession in Q3 FY2021, and expanded by a revised 0.5% after reporting two consecutive quarters of de-growth
Infosys begins internal probe after SEBI order on two employees involved in insider trading – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/infosys-begins-internal-probe-after-sebi-order-on-two-employees-involved-in-insider-trading/articleshow/83148080.cmsSynopsis Infosys senior corporate counsel Pranshu Bhutra and senior principal Venkata Subramaniam V V were barred from accessing the securities market after investigating insider
Trump made it harder for you to immigrate to the US. Can Biden ease the pain? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/trump-made-it-harder-for-you-to-immigrate-to-the-us-can-biden-ease-the-pain/articleshow/83145000.cmsSynopsis Because of Trump’s immigration policies, the average time it takes to approve employer-sponsored green cards has doubled. The backlog for citizenship applications is
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 – The Financial Express
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
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,
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