Clipped from: https://www.business-standard.com/article/pf/nris-should-apply-to-i-t-dept-for-relief-from-double-taxation-experts-121082500047_1.html If they have lost non-resident status because of enforced stay in India, this can bring them some reprieve Photo: Shutterstock With the September
Month: September 2021
Winners and losers in shipping crisis | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/winners-and-losers-in-shipping-crisis-121091300039_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Indian exporters complain of increase in freight rates by 300% to 1000% for various destinations and additional charges The steep rise in ocean freight
Fear factor: Corporates must resist intimidation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/fear-factor-corporates-must-resist-intimidation-121091300079_1.html Corporate leaders should consider promoting an expansion of democratic spaces and proliferation of alternative political visions. An alarming report by the news agency
Ford leaves India, prompting question about capital intensity and industry | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/ford-leaves-india-prompting-question-about-capital-intensity-and-industry-121091300213_1.html The higher the capital intensity the fewer the number of companies an industry is able to support. How many producers can an industry
Extension of due date brings no relief to assessees – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/extension-of-due-date-brings-no-relief-to-assessees/article36420636.ece?homepage=true Delay in payments to attract interest up to2 per cent; experts call for change in norms Extension of the due date for filing
Things to keep in mind while filing your income tax return this year | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/things-to-keep-in-mind-while-filing-your-income-tax-return-this-year-121091000765_1.html Ensure you file your returns ahead of time, in case you need to make changes The taxpayer needs to report all his bank
New vistas for Indian banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/new-vistas-for-indian-banks-121091300026_1.html As low credit offtake dents earning, Indian banks are exploring fresh avenues to lend. This is the only way to avoid mispricing of
Bank loans to NBFCs grow slower as credit to small lenders dries up – The Financial Express
Clipped from: https://www.financialexpress.com/industry/bank-loans-to-nbfcs-grow-slower-as-credit-to-small-lenders-dries-up/2328866/ Credit outstanding to non-bank lenders has been growing in the low single digits through much of the current year, with banks’ NBFC book
Restored normalcy in PSU banks hamstrung by sticky bad assets: Finance minister Nirmala Sitharaman – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/restored-normalcy-in-psu-banks-hamstrung-by-sticky-bad-assets-finance-minister-nirmala-sitharaman/2328886/ The Centre, apart from infusing required capital, monitored the PSU banks with regular assessment and reviews while taking prompt corrective actions. She said
Aluminum industry frets that its supply snarls have just begun – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/aluminum-industry-frets-that-its-supply-snarls-have-just-begun/articleshow/86157469.cmsSynopsis Global supply chains, with container shipping as their backbone, are struggling to keep pace with the demand for goods and overcome labor disruptions
Liquidation as “going concern” gains traction – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/liquidation-as-going-concern-gains-traction/articleshow/86141205.cmsSynopsis The Ahmedabad chapter of the National Company Law Tribunal (NCLT) last week passed an order clearing the liquidation of an insolvent company, PSL
Cryptos may revolutionise micro payments, but we are not there yet, says Raghuram Rajan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/cryptos-may-revolutionise-micro-payments-but-we-are-not-there-yet-says-raghuram-rajan/articleshow/86137933.cmsSynopsis The former RBI governor said the notion that cryptocurrencies are more reliable than fiat currencies was a little overstretched. There is a limited
Over 15 lakh cases settled, Rs 2,281 cr awarded to litigants by National Lok Adalats in a single day – BusinessToday
Clipped from: https://www.businesstoday.in/latest/top-story/story/over-15-lakh-cases-settled-rs-2281-cr-awarded-to-litigants-by-national-lok-adalats-in-a-single-day-306484-2021-09-11 The Lok Adalats, which were conducted through virtual and hybrid mode, took up 33,12,389 cases, which were either pending in courts or belonged
How to claim LTC Cash Voucher exemption in your income tax return – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-claim-ltc-cash-voucher-exemption-in-your-income-tax-return/articleshow/86059362.cmsSynopsis As per the government, individuals having LTC/LTA in their salary package would have been unable to travel and claim income tax exemption on
CJI terms pendency of criminal cases in Allahabad HC very worrying, urges Bar, Bench to resolve it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/cji-terms-pendency-of-criminal-cases-in-allahabad-hc-very-worrying-urges-bar-bench-to-resolve-it/articleshow/86122383.cmsSynopsis Justice Ramana along with President Ram Nath Kovind took part in programmes, including the foundation stone-laying ceremony of the Uttar Pradesh National Law
The impossible task of taming the rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/the-impossible-task-of-taming-the-rupee/article36365287.ece Managing the currency, even with capital controls & pro-active monetary policy, is a big ask. Why not allow the rupee to rise? Most
All you wanted to know about T+1 settlement cycle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/commodity-analysis/all-you-wanted-to-know-about-t1-settlement-cycle/article36406863.ece Market regulator SEBI (Securities and Exchange Board of India) last week introduced T+1 settlement cycle for share transactions. Notably, the settlement cycle was
Four things you may not know about P2P lending – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/four-things-you-may-not-know-about-p2p-lending/article36404029.ece?homepage=true Before you experiment with this latest fad, be aware of how these loan products work With interest rates on bank deposits at rock-bottom,
Claiming TDS on interest income from bank A/C jointly held with late parent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/claiming-tds-on-interest-income-from-bank-ac-jointly-held-with-late-parent/article36407248.ece My father-in-law P V Krishan (late) and my wife Premaramani are joint SB and FD A/c holders with a leading private sector bank
Across the Aisle: The greater catastrophe, writes P Chidambaram – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-the-greater-catastrophe-writes-p-chidambaram/2328434/ There has been a lot of debate on availability of hospital beds, oxygen, ventilators, medicines, ambulances, space at burial/cremation grounds and vaccines. The
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