Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-why-revamping-institutional-infrastructure-at-district-level-is-imperative-for-msmes-growth/2387097/ Ease of Doing Business for MSMEs: The overall objective of revamping district-level administration for MSMEs should be new venture creation, the gradual growth of existing
Month: December 2021
Flipkart: 1 lakh kirana sellers make 30% of 6 cr monthly e-commerce deliveries – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-flipkart-1-lakh-kirana-sellers-make-30-of-6-cr-monthly-e-commerce-deliveries/2381757/ Ease of Doing Business for MSMEs: E-commerce businesses have been increasingly looking to pull India’s vast base of small businesses and kiranas on their platforms
What Rs 76k-cr semiconductor PLI scheme means for MSMEs working with electronic manufacturing industry – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-what-rs-76k-cr-semiconductor-pli-scheme-means-for-msmes-working-with-electronic-manufacturing-industry/2381953/ Ease of Doing Business for MSMEs: “The program would promote higher domestic value addition in electronics manufacturing and will contribute significantly to achieving
Personal finance 2021: Top moments & learnings – The Financial Express
Clipped from: https://www.financialexpress.com/money/top-personal-finance-moments-and-learnings-of-2021-to-know-before-new-year-2022/2382405/ Personal Finance in 2021: The year presented individuals with several new opportunities to grow their wealth. R Representative image A lot has changed
CCI suspends Future deal, fines Amazon – The Financial Express
Clipped from: https://www.financialexpress.com/industry/cci-suspends-future-deal-fines-amazon/2382815/ The anti-trust regulator also imposed a Rs 202-crore penalty, which Amazon is required to pay within sixty days. The matter is sure to
What the future of the US EB-5 Green Card looks like – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/what-the-future-of-the-us-eb-5-green-card-looks-like/articleshow/88318956.cmsSynopsis A proposed law includes an EB-5 investor immigration component to renew the Regional Center EB-5 program. There is speculation that a sum of
dividend distribution tax: It’s double taxation: Share buyback tax should go, like DDT, says TV Mohandas Pai in a BCIC report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/its-double-taxation-share-buy-back-tax-should-go-like-ddt-says-tv-mohandas-pai-in-a-bcic-report/articleshow/88332271.cmsSynopsis The buyback taxation should go just like the MoF did with the dividend distribution tax (DDT) that companies paid earlier, they said. “Shareholders
When are gifts received by NRIs subject to tax, TDS in India? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/when-are-gifts-received-by-nris-subject-to-tax-tds-in-india/articleshow/88275679.cmsSynopsis What would be the taxability of the gifts received in India by a Non-Resident Indian (NRI) for income tax purposes? Read on to
tokenisation: Either type out your 16 digit card number or tokenise it to pay online from Jan 1, 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/either-type-out-your-16-digit-card-number-or-tokenise-it-to-pay-online-from-jan-1-2022/articleshow/88338791.cmsSynopsis Banks and other payment companies are asking their customer to either opt for tokenising their card details or type out full details each
ITR filing deadline: Why ITR filing deadline for FY 2020-21 may be extended beyond December 31, 2021 for individuals – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/why-itr-filing-deadline-for-fy-2020-21-may-be-extended-beyond-december-31-2021-for-individuals/articleshow/88336884.cmsSynopsis Compared to last year, i.e., FY2019-20, fewer number of taxpayers have filed their ITR this year in FY2020-21. It is yet to be
Spy Game: why your office laptop could be telling your employer more than what it should – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/spy-game-why-your-office-laptop-could-be-telling-your-employer-more-than-what-it-should/primearticleshow/88325595.cms SynopsisData security is a major concern for companies across sectors in the era of work from home. While employers are using surveillance software
banking reform: India is mulling changes in law to cut government’s stake in banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-is-mulling-changes-in-law-to-cut-governments-stake-in-banks/articleshow/88336473.cmsSynopsis The proposals — if approved — would allow the government to gradually lower its holding in state-run lenders to 26% from 51% without
ECB slows pace of stimulus, revises inflation expectations | Business Standard News
Clipped from: https://www.business-standard.com/article/international/ecb-slows-pace-of-stimulus-revises-inflation-expectations-121121700072_1.html The European Central Bank (ECB) has revealed its plan to wind down the stimulus in the form of asset purchase programs as it
RBI refuses to relax asset classification, provisioning norms for NBFCs | Business Standard News
lipped from: https://www.business-standard.com/article/finance/rbi-refuses-to-relax-asset-classification-provisioning-norms-for-nbfcs-121121700342_1.html This will give rise to bad debt numbers of such para banks on technical grounds while making asset quality norms standardised across banks
Afghan currency slides, prices surge as economic crisis worsens | Business Standard News
Clipped from: https://www.business-standard.com/article/international/afghan-currency-slides-prices-surge-as-economic-crisis-worsens-121121700577_1.html The market remains volatile, and the devaluation is already impacting Afghans A combination of the coronavirus pandemic, a severe drought and the Taliban
India ranking in global scam report goes up to 4th position: Truecaller | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/india-ranking-in-global-scam-report-goes-up-to-4th-position-truecaller-121121700649_1.html The report said over 202 million spam calls were made by just one spammer in India this year. That’s over 664,000 calls every
Vehicle scrappage facility: Tata Motors joins hands with Maharashtra govt | Business Standard News
lipped from: https://www.business-standard.com/article/companies/tata-motors-joins-hands-with-maha-govt-to-set-up-vehicle-scrappage-facility-121121700646_1.html The state industries, energy and labour department will support in facilitating the necessary approvals as per the rules and regulations for setting up
NaBFID to start lending operations in Q1FY23, says Chairman K V Kamath | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nabfid-to-start-lending-operations-in-q1fy23-says-chairman-k-v-kamath-121121700666_1.html The DFI would have a chairman, two government nominees, and four whole-time directors, says Kamath Kamath The National Bank for Financing Infrastructure and
RBI’s push towards card security likely to hit merchants, lenders: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-s-push-towards-card-security-likely-to-hit-merchants-lenders-report-121121700676_1.html Merchants and bankers argue they have not been given enough time to comply with the changes that RBI wants to make effective Jan
Urban jobless rate rises to double digit – The Financial Express
lipped from: https://www.financialexpress.com/economy/urban-jobless-rate-rises-to-double-digit/2387914/ “The high unemployment rate reflects an increase in demand for jobs and the economy’s inability to create jobs in adequate numbers. It is,
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