Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-to-make-msmes-credit-ready-through-supply-chain-financing/articleshow/87388836.cmsSynopsis Over 70% of the funds needed by small business is in the form of working capital. The current set of loan products offered
Day: October 30, 2021
Bank ownership in hands of corporates not desirable: ex-SBI chairman Rajnish Kumar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-ownership-in-hands-of-corporates-not-desirable-ex-sbi-chairman-rajnish-kumar/articleshow/87403225.cmsSynopsis Allowing corporates to own banks in the country is not desirable due to the likely risks of related party transactions, former State Bank
The money one needs to shell out to become a doctor in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/education/the-money-one-needs-to-shell-out-to-become-a-doctor-in-india/articleshow/87389789.cmsSynopsis Prime Minister Modi inaugurated nine medical colleges in Uttar Pradesh this week. This is a drop in the ocean, though; all put together
Can there be a wrong nominee for your investments, financial assets? – Who is the right nominee and who isn’t? | The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/can-there-be-a-wrong-nominee-for-your-investments-financial-assets/who-is-the-right-nominee-and-who-isnt/slideshow/87205515.cms 2/7 When nominee and actual heir are different Sometimes the person one nominates to receive money from his/her fixed deposit is not the
How to transfer immovable property via these 8 estate planning instruments – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-to-transfer-immovable-property-via-these-8-estate-planning-instruments/videoshow/87366961.cms In this video, we tell you the various ways of transferring immovable property with the pros and cons of each method. These can
Income Tax on Diwali, Dhanteras 2021 Festival Gifts Received from Parents, Son, Daughter, Friends, Family, Relatives Explained | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-on-diwali-dhanteras-festival-gifts-received-from-parents-son-daughter-family-friends-in-2021-explained/2357631/ Income Tax on gifts received from parents, son, daughter, friends, family, relatives: Not many of us are aware that some of the gifts
I-T dept enables tax audit utility form for FY’20, FY’21 – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/i-t-dept-enables-tax-audit-utility-form-for-fy20-fy21/2357656/ The last date for filing the tax audit report for the 2020-21 fiscal is January 15, 2022. For fiscal 2019-20 i.e. AY 2020-21,
Challenges of Cashless Health Insurance – All you need to know – The Financial Express
Clipped from: https://www.financialexpress.com/money/challenges-of-cashless-health-insurance-all-you-need-to-know/2358716/ The coverage offered by these policies helps one overcome the expenses that otherwise would have to be paid out of their pocket. These
Health insurance: Tips for buying health plan for senior citizens – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/health-insurance-tips-for-buying-health-plan-for-senior-citizens/2358879/ Look for medical insurance with the shortest waiting period and minimum number of diseases under this period Purchase those plans where the long-life
At least 40 cr individuals don’t have any financial protection for health: Niti Aayog – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/at-least-40-cr-individuals-dont-have-any-financial-protection-for-health-niti-aayog/2359706/ According to the report, the missing middle predominantly constitutes the self-employed (agriculture and non-agriculture) informal sector in rural areas, and a broad array
‘Permissible unless prohibited’ is the position of the law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/permissible-unless-prohibited-is-the-position-of-the-law/article36813086.ece National Company Law Tribunal allowing conversion of equity shares into preference shares is laudable Paving way for corporates to give structured exit to
Does Section 34 of Arbitration Act give a Court power to modify the Arbitral Award? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/does-section-34-of-arbitration-act-give-a-court-power-to-modify-the-arbitral-award/article37048245.ece The Arbitration & Conciliation Act, 1940, gave powers to Indian courts under Section 15 and 16 to modify the Arbitral Awards The conundrum
Courtroom: No sadism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/courtroom-no-sadism/article37048297.ece In a recent case, the Supreme Court held that a director of a company could not be “vicariously” held liable for criminal offences
Legitimate tax planning not taboo – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/legitimate-tax-planning-not-taboo/article37048314.ece Officials often disregard transactions, terming them as tax evasion in the guise of tax planning Tax planning and tax avoidance have always been
A dairy man’s arduous journey to prosperity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/books/reviews/business-economy/a-dairy-mans-arduous-journey-to-prosperity/article37066461.ece Broke to Breakthrough: The Rise of India’s Largest Private Dairy Company; By Harish Damodaran; Publisher: Penguin Viking; Pages: 128; Price: Rs 699; Broke
Supplier can only seek advance ruling under GST, rules MAAR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/supplier-can-only-seek-advance-ruling-under-gst-rules-maar/article37126122.ece Matter deals with Novartis selling trademarks to USV Entities looking to seek advance ruling for Goods & Services Tax (GST) can take guidance
Right of GST refund, probe not interlinked: Karnataka HC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/right-of-gst-refund-probe-not-interlinked-karnataka-hc/article37130262.ece Asks GST Department to consider refund application The right of GST refund would be independent to the process of investigation, ruled the Karnataka
Covid shrinks India’s restaurant industry by half: NRAI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/restaurant-industry-contracts-53-due-to-pandemic-nrai-report/article37164765.ece It was estimated to be worth ₹2,00,762 crore As per the report, in FY21, the restaurant industry declined by 53 per cent and
Fintechs in a happy space – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fintechs-in-a-happy-space/article37179165.ece The market is growing and investments are flowing in India’s fintech firms have taken giant strides in the past half-a-dozen years in transforming
SC bars Bharti Airtel from rectifying return for ₹923-cr GST refund – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/sc-bars-bharti-airtel-from-rectifying-return-for-923-cr-gst-refund/article37207928.ece Sets aside Delhi High Court order The Supreme Court on Thursday disallowed Bharti Airtel from seeking ₹923 crore in GST refund by rectifying
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