Clipped from: https://www.financialexpress.com/economy/gst-officers-arrest-individual-for-issuing-fake-invoices-worth-rs-4521-cr/2406870/ During the course of the investigation, GST amounting to Rs 4.52 crore has been deposited by the reversal of ITC available in the
Day: January 15, 2022
Lending platform mPokket to hire over 1500 employees in 2022 – BusinessToday
Clipped from: https://www.businesstoday.in/jobs/story/lending-platform-mpokket-to-hire-over-1500-employees-in-2022-316598-2021-12-23 The Kolkata-based company will onboard over 1,500 employees in 2022, across its various verticals, it said in a statement on Thursday. Between April
Insurer can’t refuse claim by citing existing medical condition: Supreme Court – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/insurer-cant-refuse-claim-by-citing-existing-medical-condition-supreme-court-317189-2021-12-29 A bench of justices D Y Chandrachud and B V Nagarathna also said a proposer is under a duty to disclose to the
Policybazaar acquires majority stake in Visit Health app – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/policybazaar-acquires-majority-stake-in-visit-health-app-319190-2022-01-15 Policybazaar said in a regulatory filing on Friday that it acquired a 98.4% stake in Docprime Technologies on Friday (January 14), which would
Reasons why business loans are financially beneficial – BusinessToday
Clipped from: https://www.businesstoday.in/impact-feature/story/reasons-why-business-loans-are-financially-beneficial-318675-2022-01-11 Whether we wish to expand to a new location, purchase more technologically enhanced machinery for higher production, or hire more manpower to start
How your ITR may be invalid – Didn’t file your ITR? Here’s what you can expect next | The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/didnt-file-your-itr-heres-what-you-can-expect-next/how-your-itr-may-be-invalid/slideshow/88900388.cms 1/6 Consequences of not filing ITR Whereas missing the ITR filing deadline can fetch you a penalty, not verifying it after filing can
Lenders look to sell Future Retail’s small stores to recover over Rs 3k-crore dues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/lenders-look-to-sell-future-retails-small-stores-to-recover-over-rs-3k-crore-dues/articleshow/88908351.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Banks led by the State Bank of India may soon invite expressions of interest for the small format chains – Easyday in Northern
agro commodity: India was slowly becoming a major agro commodity exporter. But 2022 may be a different story – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-was-slowly-becoming-a-major-agro-commodity-exporter-but-2022-may-be-a-different-story/articleshow/88823930.cms SynopsisIndian growers and agro exporters were able to show a marked improvement in exports. But their celebrations might be short lived as the
Coming out stronger: How auto industry is managing the global chip crisis – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/coming-out-stronger-how-auto-industry-is-managing-the-global-chip-crisis/articleshow/88905305.cmsSynopsis Semiconductor shortage has come at a time when cars are witnessing rising electronic content, which is driven by several aspects ranging from competitive
Covid Testing Kit: Stocking up on home-testing kits? Doctors believe the pricier RT-PCR test is a better option – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/stocking-up-on-home-testing-kits-doctors-believe-the-pricier-rt-pcr-test-is-a-better-option/articleshow/88900681.cmsSynopsis There has been a surge in demand for self-testing kits as Covid-19 cases rise across the nation. The spread of the third Covid wave has
NBFCs: Impact of 3rd wave low on NBFCs as bad loans fall, collections rise – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/impact-of-3rd-wave-low-on-nbfcs-as-bad-loans-fall-collections-rise/articleshow/88908862.cmsSynopsis The third Covid wave hasn’t significantly hurt collection efficiency and raised delinquency levels of non-bank financing companies, rating agency India Ratings said in
cancer insurance: How to get the best health insurance cover for cancer treatment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/how-to-get-the-best-health-insurance-cover-for-cancer-treatment/articleshow/88731818.cmsSynopsis Many critical illness insurance plans which are also defined benefit plans also cover various types of cancers. The cost of treatment of cancer is exorbitantly high. A
‘We have been streamlining process to start biz & an MSME can be started in a single day’ says P RAJEEVE, industries and law minister, Kerala | INTERVIEW | – The Financial Express
Clipped from: https://www.financialexpress.com/industry/we-have-been-streamlining-process-to-start-biz-an-msme-can-be-started-in-a-single-day-says-p-rajeeve-industries-and-law-minister-kerala-interview/2407076/ Kerala ranks 29, even behind Lakshadweep, in the ‘Ease of doing business index’ released in December 2021 P RAJEEVE, industries and law minister,
Major income tax provisions applicable from current financial year for individual taxpayers – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/major-income-tax-provisions-applicable-from-current-financial-year-for-individual-taxpayers/2406395/ There are certain income tax provisions which have become applicable for the transactions carried out from the current financial year, which taxpayers should
Boom time for companies: What record profits may mean for govt’s revenue | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/boom-time-for-companies-what-record-profits-may-mean-for-govt-s-revenue-122011401094_1.html If much higher profits this year do not propel corporation tax revenue to a level higher than the FY19 peak, something must be
Credit growth up 9.2% in Dec 2021 on strong growth in last fortnight of qtr | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/credit-growth-up-9-2-in-dec-2021-on-strong-growth-in-last-fortnight-of-qtr-122011401312_1.html Banks lent Rs 3.7 trillion in 15 days to December 31, 2021 and outstanding commercial bank credit stood at Rs 116.83 trillion, RBI
Record number of searches in FY22 as tax offences get money laundering tint | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/record-number-of-searches-in-fy22-as-tax-offences-get-money-laundering-tint-122011201498_1.html With three months still to go for the year to end, total ‘undisclosed income’ is about Rs 32,000 cr, far eclipsing the FY19
December merchandise exports up 40% YoY, hit record $37.81 billion | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/december-merchandise-exports-up-40-yoy-hit-record-37-81-billion-122011400712_1.html Outbound shipments up 29% sequentially; Cumulatively, exports in April-Dec crossed $301 bn, achieving three fourth of annual target of $400 bn in first
Dec WPI eases slightly but remains in double digits as food prices soar | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/dec-wpi-eases-slightly-but-remains-in-double-digits-as-food-prices-soar-122011401114_1.html Bucks a 4-month rising trend in December 2021 and comes in at 13.56%, even as food prices harden Wholesale Price Index-based Inflation (WPI)
RIL, M&M bid for incentives under govt’s Rs 18k-cr battery scheme: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ril-m-m-bid-for-incentives-under-india-s-2-4-bn-battery-scheme-report-122011401151_1.html India last year finalised an incentive program for companies to invest in local manufacturing of batteries as it looks to establish a domestic
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