Clipped from: https://www.thehindubusinessline.com/news/sc-seeks-response-of-centre-rbi-on-plea-of-pnb-against-disclosure-of-info-under-rti/article35123118.ece The RTI Act empowers the RBI’s central public information officer (CPIO) to seek information from banks for information seekers. The Supreme Court has
Day: July 3, 2021
Will dollar reverse from its high? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/technical-analysis/will-dollar-reverse-from-its-high/article35124335.ece A further break below 92 is needed to see a much deeper fall The US dollar continued to trade strong and moved up
4 years later, our worst fears have been confirmed with GST: Tamil Nadu FM | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/4-years-later-our-worst-fears-have-been-confirmed-with-gst-tamil-nadu-fm-121070200030_1.html There is lower income inequality in Tamil Nadu than it is in most places. Therefore, we are also a very high-consumption state, said
‘Revolution is coming’: Ola CEO test rides upcoming electric scooter | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ola-founder-bhavish-aggarwal-test-drives-electric-scooter-121070200947_1.html ‘Took this beauty for a spin! Goes 0-60 faster than you can read this tweet! Ready or not, a revolution is coming!’ wrote
Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amazon-tata-say-indian-govt-e-commerce-rules-will-hit-businesses-report-121070300907_1.html Govt’s tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country’s online retailers Amazon.com
The stock market as mirror: The changes that they reveal, and don’t reveal | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-stock-market-as-mirror-the-changes-that-they-reveal-and-don-t-reveal-121070201032_1.html While Nifty 50 reflects changes in 40 years, it also shows what is missing: Low-cost manufacturers at one end, and deep-value players at
Faceless Assessment under Customs Law: Brings in transparency, less human intervention; objectives, challenges – The Financial Express
Clipped from: https://www.financialexpress.com/industry/faceless-assessment-under-customs-law-brings-in-transparency-less-human-intervention-objectives-challenges/2283231/ The Central Board of Indirect Taxes and Customs (CBIC) initiated and implemented several reform measures in the recent past focusing on simplifying cross-border
As GST turns 4, CAIT says it has become ‘colonial taxation system’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/as-gst-turns-4-cait-says-it-has-become-colonial-taxation-system/articleshow/84056746.cmsSynopsis The Confederation of All India Traders (CAIT) added that it is not alone the centre but largely the state governments are more responsible
exports: India’s exports have an ‘aatmanirbharta’ problem: It doesn’t have enough shipping containers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-exports-have-an-aatmanirbharta-problem-it-doesnt-have-enough-shipping-containers/articleshow/83974755.cms SynopsisIndia, a net importer, has always wanted to export more. When it finally happened, albeit for a brief period, industry didn’t have containers
NRI Helpdesk: Who all are exempted from the US travel ban? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/nri-helpdesk-who-all-are-exempted-from-the-us-travel-ban/articleshow/84091612.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis For our NRI readers, we have started an immigration helpdesk. Write to us at nri.economictimes@gmail.com and our team of experts will address the
SC dismisses homebuyer’s petition challenging Wave group’s insolvency proceedings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/sc-dismisses-homebuyers-petition-challenging-wave-groups-insolvency-proceedings/articleshow/84093985.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Wave Mega City Center (WMCC) Private Limited, a special purpose vehicle of real estate developer Wave group, had moved the National Company Law
CBDT issues rules for taxing partnership companies in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cbdt-issues-rules-for-taxing-partnership-companies-in-india/articleshow/84091536.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Central Board of Direct Taxes (CBDT) has said that capital assets, money or stock in trade received by a partner in a
Govt to unveil national cyber security strategy soon: National Cyber Security Coordinator – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/govt-to-unveil-national-cyber-security-strategy-soon-national-cyber-security-coordinator/articleshow/84094404.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis On the national security narrative for the telecom sector, National Cyber Security Coordinator Rajesh Pant said, “While other nations have created a black-list
Wife Dies Without Will: Legal rights of husband over property of Hindu wife who dies without will – The Economic Times
SynopsisAs per Hindu Succession Act, 1956, there is a scenario where the husband of a Hindu woman who has died intestate will not be the
Will raise funds soon, says Vodafone-Idea’s Managing Director Ravinder Takkar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-news/will-raise-funds-soon-says-vodafone-ideas-managing-director-ravinder-takkar/articleshow/84084488.cmsSynopsis Vi has already paid Rs 7,854 crore to the Department of Telecommunications (DoT) and has to pay Rs 9,000 crore in March 2022,
Debt-laden Vodafone Idea breaches the loan covenants with lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/debt-laden-vodafone-idea-breaches-the-loan-covenants-with-lenders-121070300067_1.html Lenders want telco to put more skin in the game For the financial year ended March 2021, the company announced a negative net
India’s balance of payments situation is comfortable despite the recent moderation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indias-balance-of-payments-situation-is-comfortable-despite-the-recent-moderation/2282318/ Import bill manageable if crude oil remains under $80/barrel; no big FPI pullouts if Fed sticks to normalisation calendar The surplus in the
New export strategy may focus more on key component – The Financial Express
Clipped from: https://www.financialexpress.com/economy/new-export-strategy-may-focus-more-on-key-component/2283110/ Mechanical machinery, electronics, medical and surgical equipment, sports goods, toys and certain farm commodities are among a number of products where India has
India joins 130 nations to back minimum corporate tax plan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/india-joins-global-minimum-tax-rate-plan/article35092841.ece In favour of consensus solution that is simple to implement and comply India on Thursday joined the world’s leading economies in endorsing a
50,000 taxpayers in Kerala to benefit from GST amnesty scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/50000-taxpayers-in-kerala-to-benefit-from-gst-amnesty-scheme/article35091742.ece The 2021 scheme recommends reducing late fees payable by small and medium-sized taxpayers. Commissioner, GST Department, Kerala, has invited the attention of the
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