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
Month: December 2021
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
Income Tax Return: How to enter LTCG details on multiple SIP transactions quickly – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-return-how-to-enter-ltcg-details-on-multiple-sip-transactions-quickly/2393638/ After redeeming their investments, equity MF investors face a daunting task of entering investment-wise details of long-term capital gain in their ITR. With
More and more Indians are giving up their citizenship. Here’s why – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/more-and-more-indians-are-giving-up-their-citizenship-heres-why/articleshow/88564732.cmsSynopsis Indians who become citizens of another country have to give up their Indian passport because the country does not offer dual citizenship, but
More healthcare businesses keen to take a shot at primary market – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/more-healthcare-businesses-keen-to-take-a-shot-at-primary-market/articleshow/88555711.cms SynopsisDespite being people-centric, the workings of the Indian healthcare industry are not largely known to the public. The Indian healthcare ecosystem is fragmented,
Direct selling companies banned from promoting pyramid schemes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/direct-selling-companies-banned-from-promoting-pyramid-schemes/articleshow/88555482.cmsSynopsis Direct sellers must have at least one physical location as their registered office within the country and make a declaration that they are
The efficiency myth of Aadhaar linking – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-efficiency-myth-of-aadhaar-linking/article38067084.ece The Government has made several dubious claims to push the Aadhaar project The Union Government hastily passed a Bill to link voter IDs
Income-Tax department eases norms for ‘faceless’ appeal scheme – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/income-tax-department-eases-norms-for-faceless-appeal-scheme/article38067104.ece Commissioner (Appeals) to allow hearing via video The Income Tax department has brought in changes to the existing faceless appeal scheme, easing the
The cold truth about India’s income inequality – The Hindu
lipped from: https://www.thehindu.com/opinion/lead/the-cold-truth-about-indias-income-inequality/article38050949.ece Far from pushing for social and economic equality, the state is fanning systems and principles to strengthen the divide The latest edition of
Govt issues guidelines for textiles PLI scheme worth Rs 10,683 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-issues-guidelines-for-textiles-pli-scheme-worth-rs-10-683-crore-121122801194_1.html Companies have to inform the ministry of textiles about their annual investment plan. The Centre on Tuesday released the operational guidelines for the
How Modi govt will beat revenue collections, fiscal deficit by a wide margin this year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget-math-how-modi-govt-will-beat-revenue-collections-fiscal-deficit-by-a-wide-margin-this-year/article38054262.ece Research firm CNI Global expects GST collection to be higher by 233%, direct taxes by 126% and fiscal deficit to fall by 66%
Govt says GSTN portal working fine as tax consultants list glitches | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-says-gstn-portal-working-fine-as-tax-consultants-list-glitches-121122801176_1.html Industry associations seek extension of deadline to file annual returns. Illustration: Ajay Mohanty The government on Tuesday said the GSTN portal is working well as tax consultants
4,071 banking fraud cases reported during H1 FY2022: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/4-071-banking-fraud-cases-reported-during-h1-fy2022-rbi-report-121122801123_1.html In terms of deposits, the number of reported cases of frauds stood at 208 of an amount involving Rs 362 crore, the report
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