Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-why-govts-rs-20000-cr-subordinate-debt-scheme-for-msmes-failed-to-find-many-takers-iba-chief-explains/2305145/ Credit and Finance for MSMEs: Under CGSSD, the promoter was required to bring in 10 per cent of the subordinate debt amount as
Day: August 5, 2021
PLI scheme for Atmanirbhar Bharat: An elusive Philosopher’s Stone! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/pli-scheme-for-atmanirbhar-bharat-an-elusive-philosophers-stone/article35716071.ece For a self-reliant India, one needs generic policies that will enhance overall competitiveness. One needs to adopt modern chemistry The process of converting
E-Way bill not required for transportation of used personal vehicle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/e-way-bill-not-required-for-transportation-of-used-personal-vehicle/article35719496.ece Limits for intra-State movement will vary from State to State Kerala High Court has upheld that E-way bill is not required for transportation
Amended LLP Bill will help start-ups, CAs: FM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/amended-llp-bill-will-help-start-ups-cas-fm/article35727361.ece Bill to improve ease of doing business The Rajya Sabha on Wednesday passed the Limited Liability Partnership (Amendment) Bill with a brief debate
Curbing bank frauds – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/curbing-bank-frauds/article35730492.ece Bank staff must not overlook systems and guidelines Ratnakar Bank and Bank of Maharashtra had sanctioned home loans of ₹2.50 crore and ₹1.30
Tax Query: Treatment of ‘bullock rent’ income – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-treatment-of-bullock-rent-income/article35514560.ece I got retired from a PSU in May 2020. My earnings for FY2020-21 comprise regular salary for April 2020 and May 2020, retirement
Demystifying restore benefit in health insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/demystifying-restore-benefit-in-health-insurance/article35653437.ece Many insurers offer to restore your original sum insured, but the process varies Since the outbreak of Corona virus many people have filed
IBC: Urgently need a professional ‘Code of Conduct’ for committee of creditors, says Parliamentary Panel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/ibc-urgently-need-a-professional-code-of-conduct-for-committee-of-creditors-says-parliamentary-panel/article35720695.ece Panel also highlights that the CoCs currently have ‘significant discretion’ in accepting late and unsolicited resolution plans The Standing Committee on Finance headed
New vs old tax regime: Compute liability before making the switch | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/new-vs-old-tax-regime-compute-liability-before-making-the-switch-121080301966_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Non-investors in tax-saving instruments may opt for the new regime Taxpayers having income from business or profession also have to opt-in for the
Banks use ARCs for ever-greening: Parliamentary Committee on Finance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-use-arcs-for-ever-greening-parliamentary-committee-on-finance-121080401179_1.html Calls for encouraging banks to bring down their leverage, says present “grim situation” should not be used as an alibi for bank privatisation
Respect regulations | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/respect-regulations-121080401927_1.html Govt’s U-turn on minimum public float of PSUs is surprising The benchmark stock market indices hit all-time highs this week and the sustained buoyancy is
DICGC to authenticate deposit claims of failed bank in 30 days | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dicgc-to-authenticate-deposit-claims-of-failed-bank-in-30-days-121080401713_1.html Once a stressed bank is put on moratorium, DICGC will be liable to pay depositors an insured amount of Rs 5 lakh The
Beyond rates: Five things to watch out for in RBI’s monetary policy | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/beyond-rates-five-things-to-watch-out-for-in-rbi-s-monetary-policy-121080500120_1.html The monetary policy committee’s commentary on inflation, growth and bonds is of much interest to the market. RBI Governor Shaktikanta Das’s policy statement
Making the IBC more effective – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/making-the-ibc-more-effective/2304475/ The latest amendment, which makes the insolvency professional more accountable on avoidance transactions, was much-needed, but addresses the issue only partially It is
Competition Commission of India clears PNB Housing Finance deal with Carlyle – The Financial Express
Clipped from: https://www.financialexpress.com/industry/competition-commission-of-india-clears-pnb-housing-finance-deal-with-carlyle/2304305/ PNBHF, however, has said it would await SAT judgment on the matter. The appellate tribunal has already heard both the sides but is
IBC is good, tweaks can make it better – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/ibc-is-good-tweaks-can-make-it-better/2304487/ The conflict between the sanctity of the insolvency resolution process and maximising value must be sorted out The Mumbai NCLT bench, for instance,
Piramal resolution for DHFL: 63 Moons moves Supreme Court against NCLT order – The Financial Express
Clipped from: https://www.financialexpress.com/industry/piramal-resolution-for-dhfl-63-moons-moves-supreme-court-against-nclt-order/2304490/ 63 Moons, which holds non-convertible debentures (NCDs) worth over Rs 200 crore issued by DHFL, has challenged the NCLAT’s judgment on the grounds
Micromanagement of Banks Not Current – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/micromanagement-of-banks-not-current/articleshow/85047364.cmsSynopsis The Reserve Bank of India’s (RBI) move to defer the implementation of its rules on current account openings by banks to October 31
The Sensex joins the space race – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/the-sensex-joins-the-space-race/articleshow/85047381.cmsSynopsis Diversification — parachute small investors need It is tempting to infer the collective wisdom of the crowds milling around on the stock market predicting a
Decoding the factors behind the popularity of crypto among corporates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/decoding-the-factors-behind-the-popularity-of-crypto-among-corporates/articleshow/84973742.cms?utm_source=Desktop&utm_medium=HP_ETSpecials&utm_campaign=DPSynopsis Cryptocurrency and blockchain technologies were a relatively small and sophisticated niche of the tech industry – preserving the nerds. Companies didn’t have the
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