Clipped from: https://www.hindustantimes.com/cities/mumbai-news/mumbai-housing-societies-unable-to-hold-annual-general-meeting-without-audit-report-101631818451153.htmlIn many cases, due to Covid-19 restrictions, the housing societies in Mumbai were not ready with the accounts in the first place. (Anshuman Poyrekar/HT
Day: September 22, 2021
GST–Housing Societies–CBEC
ITR filing penalty: These taxpayers don’t have to pay late fee for missing deadline – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-penalty-these-taxpayers-dont-have-to-pay-late-fee-for-missing-deadline/articleshow/86029470.cmsSynopsis There are certain individuals who can file their ITR without paying a penalty even after the expiry of the deadline. Let us take
Will the new e-commerce rules really favour consumers? – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/will-the-new-e-commerce-rules-really-favour-consumers/article35477503.ece The intent of the rules is unclear and there are several consumer protection rules already in place In June, the Union Ministry of
Insurers likely to further tighten underwriting norms for term plans | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/insurers-likely-to-further-tighten-underwriting-norms-for-term-plans-121092101177_1.html The source also added that retail term plan prices may go up further, even though the reinsurer has not specified it at this
Dispute resolution key too – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/dispute-resolution-key-too/2334144/ For account aggregation, it is as vital as the mandated consent focus The digital financial ecosystem is still an area where regulation is
ADB cuts India growth forecast to 10%, sees faster inflation at 5.5% – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/adb-cuts-india-growth-forecast-to-10-sees-faster-inflation-at-55/article36598268.ece?homepage=true The ADB said a deficient monsoon could augur further inflationary pressure. The Asian Development Bank has cut its forecast for India’s GDP growth
Bad bank: Too little, too late | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/bad-bank-too-little-too-late-1032356.html Indian banks are past their NPA peak; most chunky NPAs have already been resolved Credit: iStock Photo Bad loans of Indian banks started
Banks face significant margin pressure despite surfeit of liquidity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/banks-face-significant-margin-pressures-despite-surfeit-of-liquidity/article36583820.ece?homepage=true SBI Ecowrap says conundrum of weak credit demand and excess liquidity is evident from average reverse repo Banks are facing significant margin pressures
Retail depositors earn a negative return; relook taxation on interest earned: SBI economists – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/retail-depositors-earning-negative-returns-relook-taxation-on-interest-sbi-economists/article36590209.ece?homepage=true The note suggests revisiting taxation of bank deposit interest, or at least increasing the threshold of exemption for senior citizens, Retail depositors are
Streamline consent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/streamline-consent/article36592553.ece?homepage=true Tighter timelines are welcome, but transparency is needed on the rationale for consent decisions It has been 15 years since the Securities Exchange
How to boost export of high-end products – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-boost-export-of-high-end-products/article36592657.ece?homepage=true Lowering duties on inputs, inviting investment by large firms in critical products and eschewing pure assembly, will help Just a few decades back,
Registration mandatory under MSME Act – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/registration-mandatory-under-msme-act/article36555608.ece?homepage=true A question that often arose was whether the counter parties — the buyers — would, despite, not being MSMEs, be able to raise
Over 40% of Indian unicorns have been created in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/over-40-of-indian-unicorns-have-been-created-in-2021/article36585307.ece?homepage=true This picture is used for representational purpose only. – z_wei This picture is used for representational purpose only. – z_wei× A unicorn is
Focus on agri-exports | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/focus-on-agri-exports-121092101502_1.html The pandemic-driven bonanza will not last The government’s reported plan to reintroduce transport and marketing support for agricultural exports is a timely move. It will
A stalled growth engine | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-stalled-growth-engine-121092101494_1.html Household debt-fuelled growth is not sustainable The question of whether private consumption demand, particularly from households, can fuel India’s post-pandemic growth revival is
Cash-strapped Evergrande Group misses loan payments to two banks | Business Standard News
Clipped from: https://www.business-standard.com/article/international/cash-strapped-evergrande-group-misses-loan-payments-to-two-banks-121092200074_1.html Evergrande has borrowed about 572 billion yuan ($88.5 billion) from banks and other financial institutions including trusts, with nearly half due in less
Foreign investors want Sebi to delay shorter trade settlement plan | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/foreign-investors-want-india-to-delay-shorter-trade-settlement-plan-121092200150_1.html Sebi’s plan could push foreign investors to upgrade their custodial arrangements, spend more on foreign exchange charges and other costs. Photo: Bloomberg India
Putting India’s exports on a sustained growth path – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/putting-indias-exports-on-a-sustained-growth-path/2334797/ The government needs to invest in transport and logistics rather than rely on ad hoc export promotion measures, which have failed to boost
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