Clipped from: https://www.business-standard.com/article/opinion/primary-market-stability-121122901516_1.html Sebi’s decisions will improve investor confidence The Securities and Exchange Board of India (Sebi) has made a number of changes to the primary
Day: December 30, 2021
Doctors, nurses deserve respect, compassion – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/doctors-nurses-deserve-respect-compassion/article38065650.ece On the current impasse, the Centre needs to scale-up quality medical education and in an equitable manner Medicine and politics make for a
Pvt cryptocurrencies pose immediate risks to customer protection: RBI | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/pvt-cryptocurrencies-pose-immediate-risks-to-customer-protection-rbi-121122901533_1.html The aggregate market capitalisation of the top 100 cryptocurrencies has reached USD 2.8 trillion Photo: Reuters Private cryptocurrencies pose immediate risks to customer protection and
Govt extends FY’21 GST annual return filing deadline till Feb 28 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-extends-fy-21-gst-annual-return-filing-deadline-till-feb-28-121122901543_1.html GSTR 9 is an annual return to be filed yearly by taxpayers registered under the Goods and Services Tax (GST) The government on
Retail-led credit growth faces headwinds: RBI’s financial stability report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/retail-led-credit-growth-faces-headwinds-rbi-s-financial-stability-report-121123000068_1.html The first is an increase in delinquencies in the consumer finance portfolio. Lenders turned big time to the retail segment — individuals, households,
Private banks seeing jump in number of online frauds: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/private-banks-seeing-jump-in-number-of-online-frauds-rbi-report-121123000047_1.html Commercial banks reported Rs 1.38 trillion of frauds in 2020-21, as compared to Rs 1.85 trillion in the previous year. Illustration: Ajay Mohanty
Limits of progress | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/limits-of-progress-121122901497_1.html Covid-19 still poses risks for the banking system The banking sector was expected to suffer significantly because of the pandemic-related economic disruption. India opted for
Just 3 days left for filing ITR, what happens if you miss the deadline | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/3-days-left-for-filing-itr-what-happens-if-you-miss-the-dec-31-deadline-121122901260_1.html The due date for ITR filing for the fin ancial year 2020-21 (the assessment year 2021-22) has been extended twice Income tax returns (ITR) filing
ITR for Assessment Year 2020-21 can be verified till Feb 28 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/itr-for-assessment-year-2020-21-can-be-verified-till-feb-28/article38060448.ece The Central Board of Direct Taxes (CBDT) has provided a one-time relaxation for verification of e-filed ITRs for AY2020-21 If you are yet
‘Matter of right’ for assessee: I-T Dept allows oral hearing via video conferencing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/matter-of-right-for-assessee-it-dept-allows-oral-hearing-via-video-conferencing/article38063166.ece Earlier, it was at the discretion of the dept The Income Tax Assessee can now avail an oral hearing through video conferencing (VC)
Plugging gaps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/plugging-gaps/article38065715.ece SEBI’s latest moves in primary market and MFs are welcome as they fix regulatory gaps The flurry of regulatory changes announced by the
Economy likely to see steady growth in 2022 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/economy-likely-to-see-steady-growth-in-2022/article38065884.ece Despite impediments like Omicron, and weak job and growth impulses, strong exports and capex could help revive growth The coronavirus pandemic continues to
E-buses not a great idea for India – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/e-buses-not-a-great-idea-for-india/article38065591.ece E-bus hurdle The cons outweigh the pros for electric bus R Ragu – The Hindu E-bus hurdle The cons outweigh the pros for
Seeing cloud as a liberator – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/seeing-cloud-as-a-liberator/article38065607.ece Firms, free from routine tasks, can develop unique products After years of the cloud revolution, it is clear that there is tremendous value
Success rate for discounting MSME receivables on TReDS improved in FY21: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/success-rate-for-discounting-msme-receivables-on-treds-improved-in-fy21-rbi/article38061450.ece TReDS is an electronic platform for facilitating the financing/discounting of trade receivables of MSMEs through banks and non-banking finance companies The success rate
FinMin notifies revised HSN for GST purpose – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finmin-notifies-revised-hsn-for-gst-purpose/article38064686.ece New Harmonised System of Nomenclature will be applicable on various food, non-food items The Finance Ministry has notified new HSN (Harmonised System of
Time to institutionalise valuation profession – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-institutionalise-valuation-profession/article38065633.ece This will not only ensure valuers are accountable for the services rendered, but will also give the profession a status boost The market
Auto-debit bounces above 30% in November – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/auto-debit-bounces-above-30-in-november/2393457/ In terms of value, the bounce rate on auto-debit requests stood at 25.16%, slightly worse than 24.83% in October. EMI payments to smaller
Sarfaesi outperforms IBC in FY21 loan recovery: RBI data – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/sarfaesi-outperforms-ibc-in-fy21-loan-recovery-rbi-data/2393187/ While fresh referrals under the insolvency law were suspended for a year up to March 2021, that had no bearing on these figures
Banking trends: Appearances deceive – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/banking-trends-appearances-deceive/articleshow/88575018.cmsSynopsis Increased profitability stems not from a thriving loan business but from depressing the rates on deposits, bond trading and write-back of provisioning on
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