Clipped from: https://www.financialexpress.com/industry/senior-level-panel-looking-into-resignation-of-3-independent-directors-of-pfs-ptc-india/2412022/ In their resignation letters, the three directors had alleged that certain actions of the chairman of the board and managing director of the
Day: January 23, 2022
Budget must aid MSME recovery – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/budget-must-aid-msme-recovery/2410882/ This needs better implementation of existing schemes that enable fintech/NBFCs to lend to MSMEs We expect Union Budget FY23 to come up with
AIMA introduces 6-month management course for MSME promoters – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/aima-introduces-6-month-management-course-for-msme-promoters/articleshow/89052981.cmsSynopsis The scheme was the biggest component of the Rs 20-lakh crore Atmanirbhar Bharat package of the government to help the Indian economy recover
No tax claims after winding up order of company passed, says CBIC – The Economic Times
No tax claims after winding up order of company passed, says CBIC – The Economic Times https://economictimes.indiatimes.com/news/economy/policy/no-tax-claims-after-winding-up-order-of-company-passed-says-cbic/articleshow/89051544.cmsThe circular says in case of a bankrupt defaulter,
Kotak Group: Ashneer Grover-Kotak group spat puts spotlight on underbelly of the high-stakes game of IPO financing – The Economic Times
lipped from: https://economictimes.indiatimes.com/prime/corporate-governance/ashneer-grover-kotak-group-spat-puts-spotlight-on-underbelly-of-the-high-stakes-game-of-ipo-financing/primearticleshow/88931808.cms SynopsisThe spat between the Kotak group and the BharatPe founder over the Nykaa IPO point to some seamy aspects of IPO financing for
I-T notice issued against a dead person not valid: Delhi HC – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/national/no-it-notice-proceeding-in-the-name-of-dead-person-delhi-hc/article64929571.ece The Court also highlighted from previous ruling that it is not a statutory obligation on the part of legal heir to inform the
The Antrix-Devas saga – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-antrix-devas/article64911408.ece How and why the 2005 Antrix-Devas deal for satellite launches crashlanded in courts What was the deal all about? In 2005, ISRO arm
Should the government loosen its purse strings? – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/should-the-government-loosen-its-purse-strings/article38299823.ece As inflation is driven by supply-side factors, tax policy can be used to cushion its impact With the Union Budget 10 days away,
Smaller mutual funds grow faster than their bigger peers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/smaller-mfs-grow-faster-than-their-bigger-peers/article64929808.ece Online platform helps new entrants cut costs and reach smaller cities; assets under management of top 5 MFs grew 26% to ₹21.26-lakh crore
ICICI Bank informs exchanges of inadvertent trade by designated person – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/icici-bank-informs-exchanges-of-inadvertent-trade-by-designated-person/article64930366.ece Imposes penalty of ₹2 lakh on Independent Director ICICI Bank on Saturday informed the stock exchanges of an inadvertent trade by its Independent
FPIs cut stake in private sector banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fpis-cut-stake-in-private-sector-banks/article64929740.ece Pull out close to ₹35,000 crore in the first three quarters of the current fiscal Foreign investors’ stake in private sector banks have
4 things to do after filing your tax returns – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/4-things-to-do-after-filing-your-tax-returns/article64927889.ece Are you sitting back relaxed, having beaten the December 31 deadline to file income tax returns? Wait, there’s more to do! Heaving a
Simply Put: Mean reversion – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/mean-reversion/article64927078.ece After extreme moves in either direction, asset/stock prices tend to revert to their long-term average or mean Two friends catching up in a
Determining stop loss on your option trades – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/commodity-analysis/determining-stop-loss-on-your-option-trades/article64909941.ece Stop loss for options should be on an intra-day basis Your trading plan must have an entry price, a price target, and a
Russia-Ukraine tensions: Are your market investments at risk? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/russia-ukraine-tensions-are-your-market-investments-at-risk/article64930005.ece The chance of global investors shifting to risk-off mode is much higher this time With Russian troops flanking Ukraine across its borders from
Across the Aisle by P Chidambaram: No political price yet – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-no-political-price-yet/2413392/ Mr Narendra Modi is eager to enter into politico-defence multilateral pacts (GSOMIA, COMCASA, QUAD, the Second QUAD, RELOS), he is averse to trade
The era of smart savers: How fintech industry is revolutionising finance in India – The Financial Express
Clipped from: https://www.financialexpress.com/lifestyle/the-era-of-smart-savers-how-fintech-industry-is-revolutionising-finance-in-india/2413224/ Fintech and youth seem to be a match made in heaven, as youngsters increasingly get serious about money, a trend promoted by digital
Smartly tweak tax treatment for savings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/smartly-tweak-tax-treatment-for-savings/articleshow/89047684.cmsSynopsis The existing tax-exempt limit under Section 80 C of the I-T Act is ₹1.5 lakh, while the annual standard deduction is ₹50,000. A