Clipped from: https://taxguru.in/income-tax/increasing-threshold-limit-tax-audit-good-move.html Why increasing threshold limit Under Section 44AB of the Income Tax Act, 1961 is not a good move Introduction:- In the recent union
Day: September 6, 2021
Voluntary Vehicle Fleet Modernisation Programme: View: Voluntary vehicle fleet modernisation programme, a good start from scrap – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/making-a-good-start-from-scrap/articleshow/85955581.cmsSynopsis The enforcement schedules provide sufficient time to put the desired ecosystem in place. The rules for fitness test and scrapping centres are to
Inflation fears: Monetary policy at crossroads – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inflation-fears-monetary-policy-at-crossroads/2324415/ That there is now a reduced degree of confidence over demand-side inflation pressures remaining quiescent is highly debatable Or, if average inflation has
Reimagining credit for MSME borrowers – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/reimagining-credit-for-msme-borrowers/2324422/ The question of “Am I creditworthy?” is changing to “Who can understand my creditworthiness?” This technology-driven transition is visible in every step of
Forms for exemption from I-T returns for senior citizens of 75 years & above notified – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/forms-for-exemption-from-i-t-returns-for-senior-citizens-of-75-years-above-notified/2324350/ Such exemption from ITR filing would be available only in case where the interest income is earned in the same bank where pension
Transparency push: No more arm-twisting by banks for lockers – The Financial Express
Clipped from: https://www.financialexpress.com/money/transparency-push-no-more-arm-twisting-by-banks-for-lockers/2323588/ Banks can only obtain from customers a time deposit that covers three years’ rent and charges for breaking open the locker Also, customers
PLI Schemes: Chinese firms to be let in; MeitY assures industry that supply chains won’t be disrupted, other ministries to follow suit – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-schemes-chinese-firms-to-be-let-in-meity-assures-industry-that-supply-chains-wont-be-disrupted-other-ministries-to-follow-suit/2324472/ Though the assurance has been given by the ministry of electronics and IT to the hardware industry executives, who had made a representation
Indians embrace digital: Over 300 mn smartphone users use digital payments | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/indians-embrace-digital-over-300-mn-smartphone-users-use-digital-payments-121090500826_1.html From ‘tankhwa’ and ‘kiraya’, for ‘shagun’ and ‘jugaad’, digital payment is a pan-India habit More than 300 mn Indian smartphone users now use
As Covid cases recede, firms offer return gifts to get staff back to office | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/as-covid-cases-recede-firms-offer-return-gifts-to-get-staff-back-to-office-121090500925_1.html THE CARROT: Relocation allowance, flexible timings, daily breaks for personal matters Retention is a big worry for Indian firms, too. In recent months,
Top five digital brokers corner over half of industry’s active client base | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/top-five-digital-brokers-corner-over-half-of-industry-s-active-client-base-121090600028_1.html Despite breakneck growth, not all brokers are consistently churning out a profit The average revenue per user of digital brokers lags that of
Tie-ups like Equitas-Google Pay can significantly disrupt payments sector | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tie-ups-like-equitas-google-pay-can-significantly-disrupt-payments-sector-121090500807_1.html With Covid-19 putting the brakes on bank lending, fintech players have begun to give banks serious competition Imaging: Ajay Mohanty The Indian financial sector went
Public sector banks and corporate governance | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/public-sector-banks-and-corporate-governance-121090500859_1.html Ten out of 11 nationalised banks don’t have a chairman. Most bank boards don’t have adequate number of non-official directors Last week, Shanti
China bogey hits exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/china-bogey-hits-exports/article36301309.ece?homepage=true Shutdown of a few Chinese ports has a spiral effect on Kerala shipments The recent shut-down of some of the Chinese ports following
Securing labour – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/e-shram-registration-if-implemented-well-can-enhance-social-security-cover-for-unorganised-sector/article36307414.ece?homepage=true Migrant workers are most vulnerable and fall through the cracks – GIRI KVS Migrant workers are most vulnerable and fall through the cracks
Should those above 65 go for the National Pension System? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/should-those-above-65-years-go-for-the-national-pension-system/article36291126.ece?homepage=true The logic for investing may be very different for those over 65 years of age The Pension Fund Regulatory and Development Authority (PFRDA)
Why tax transparency report enhances value – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/why-tax-transparency-report-enhances-value/article36302051.ece?homepage=true Stakeholders’ growing demand for tax info from MNCs necessitate the maintenance of maximum standards of tax transparency Global tax environment has entered a
Beware! Employees of popular apps have access to your data – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/variety/beware-employees-of-popular-apps-have-access-to-your-data/article36308663.ece?homepage=true Chennai-based finance professional Karthika G was shocked when a senior Swiggy employee jokingly told her that he could easily access her address from
Siva Industries’ promoter appeals against liquidation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/c-sivasankaran-files-appeal-against-order-on-siva-industries-liquidation/article36301403.ece?homepage=true C. Sivasankaran – Bijoy Ghosh C. Sivasankaran – Bijoy Ghosh× Matter listed for hearing in NCLAT on Monday Serial entrepreneur C Sivasankaran, promoter
Dutch firm Van Oord takes Dredging Corp to NCLT over ₹93.12 crore unpaid dues – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/dutch-firm-van-oord-takes-dredging-corp-to-nclt-to-recover-unpaid-dues/article36301803.ece?homepage=true The unpaid dues relate to a sub-contracting deal between DCI and Van Oord at JNPT Dredging contractor Van Oord India Pvt Ltd has
Payments Banks want RBI to hike max day end deposit balance to ₹5 lakh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/payments-banks-want-rbi-to-hike-max-day-end-deposit-balance-to-5-lakh/article36301530.ece?homepage=true Payments Banks (PBs) want the Reserve Bank of India (RBI) to up the maximum end of the day balance a customer can maintain