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
Month: August 2021
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
RBI’s MPC begins deliberations; likely to maintain status quo on interest rate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbis-mpc-begins-deliberations-likely-to-maintain-status-quo-on-interest-rate/articleshow/85037829.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Experts are of the view that the RBI may prefer to wait and watch for some more time before taking any major action
SBI sees rising stress in home loan and MSME book in June quarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/sbi-sees-rising-stress-in-home-loan-and-msme-book-in-june-quarter/articleshow/85037804.cmsSynopsis The lender has already pulled back Rs 4700 crore from its fresh slippages in July. The stress list for the loans due between
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