Clipped from: https://www.business-standard.com/article/finance/rbi-extends-deadline-for-periodic-kyc-update-till-march-31-2022-121123000634_1.html The central bank had relaxed the rules first in May last year due to the pandemic Photo: Reuters The Reserve Bank of India
Month: December 2021
IPO Rush: Offerings to see healthy response in 2022; pricing key concern | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/ipo-rush-offerings-to-see-healthy-response-in-2022-pricing-key-concern-121123000630_1.html Initial public offerings in 2022 might include LIC and NSE India’s primary market is set to see a “healthy but cautious” response from
Reports of UP businessman’s Rs 52-cr tax settlement ‘speculative’: DGGI | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/tax-liabilities-of-perfume-maker-peeyush-jain-yet-to-be-determined-dggi-121123000718_1.html DGGI said the entire recoveries are kept in the safe custody of State Bank of India pending further investigation Peeyush Jain The GST office on
NSE sees 100th firm migration from SME patform to main-board | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/nse-sees-100th-firm-migration-from-sme-patform-to-main-board-121123000880_1.html The exchange’s SME Platform — EMERGE — was launched in 2012 and has been providing a viable and sustainable option for SMEs to
SBI Card, Paytm tie up for card tokenisation to protect cardholders’ data | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sbi-card-paytm-tie-up-for-card-tokenisation-to-protect-cardholders-data-121123000998_1.html Tokenisation refers to masking the original card number by replacing it with a set of unique characters, termed as token, which secures the
RBL Bank raises Rs 2,600 crore via CDs to beef up liquidity – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbl-bank-raises-rs-2600-crore-via-certificate-of-deposits/articleshow/88603032.cmsSynopsis The move is also aimed at demonstrating investor confidence in the bank where a change of guard on Christmas Day was immediately preceded
Why SEBI’s new IPO norms could work in the longer run – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/why-sebis-new-ipo-norms-could-work-in-the-longer-run/article38069325.ece The markets regulator has decided to tighten norms to ensure that there is no mis-use of the funds Why has Sebi tightened the
Digital broker Upstox records four-fold jump in customer base in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/digital-broker-upstox-records-four-fold-jump-in-customer-base-in-2021/article38071074.ece Rides on new wave of first-time investors in Tier-II and -III cities This firm’s growth in terms of its customer base has been
Not like children’s books, learning kit books to attract GST: AAR | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/not-like-children-s-books-learning-kit-books-to-attract-gst-aar-121123100038_1.html The AAR agreed at the outset the kit box/book should be covered under heading 4903 Books in general draw no GST This may
Primary market stability | Business Standard Editorials
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
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
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