Clipped from: https://www.thehindubusinessline.com/economy/gst-on-developed-plot-of-land-gujarats-appellate-authority-for-advance-ruling-affirms-aye/article64943473.ece Meanwhile, AARs of Goa, Madhya Pradesh had said ‘No’ Applicability of Goods & Services Tax (GST) on plot of land with sewerage line,
Day: January 29, 2022
Budget should focus on bridging widened inequality in economy: Ex-RBI Guv | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-should-focus-on-bridging-widened-inequality-in-economy-ex-rbi-guv-122012700959_1.html The upcoming Budget should focus on creating jobs and bridging the widened inequality in the economy besides accelerating growth, former RBI Governor D
Budget 2022: Capex likely to focus on jobs creation, PLI expansion | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2022-capex-likely-to-focus-on-jobs-creation-pli-expansion-122012700768_1.html India’s Federal Budget FY23’s Capex thrust is likely to focus on rural welfare and employment generation schemes. India’s Federal Budget FY23’s Capex thrust is likely
ED arrests Karvy Group CMD Parthasarathy, CFO Hari in money laundering case | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/ed-arrests-karvy-group-s-cfo-will-confront-him-with-md-parthasarathy-122012700828_1.html The ED case, filed under criminal provisions of PMLA, is based on multiple Telangana Police FIRs filed by HDFC Bank, few other banks
PMC depositors move SC against final merger plan with Unity SFB | Business Standard News
lipped from: https://www.business-standard.com/article/finance/pmc-depositors-reject-merger-scheme-with-unity-sfb-will-appeal-before-sc-122012700316_1.html Among other haircut terms, depositors have to wait for 10 years to get back their money if the amount is more than Rs
Torrent Pharma tumbles 14% on disappointing Q3 results | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/torrent-pharma-freezes-at-10-lower-circuit-on-disappointing-q3-results-122012700259_1.html In Q3FY22, earnings before interest tax and depreciation and amortization (EBITDA) margins declined 490 bps YoY to 25.5 per cent driven by price
Budget should maximise capex, set stage for MPC to control inflation | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/budget-2022-budget-should-maximise-capex-set-stage-for-mpc-to-control-inflation-122012700168_1.html Budget 2022: ICRA expects a satus quo on the stance of the monetary policy as well as the reverse repo rate in the
Asset quality issues are behind us, and it is a growth path now: Yes Bank Chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/now-it-is-a-growth-path-yes-bank-md-and-ceo/article64941370.ece We are trying to increase the value of our security in Dish TV issue, but the Essel Group is trying to stall everything.
Ukraine crisis: What to know as tensions rise – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/ukraine-crisis-updates-what-to-know-as-tensions-rise/article64941371.ece Here are things to know about the international apprehensions over Ukraine, a crisis reminiscent of the Cold War. Russia has placed more than 100,000
US economy regains speed, GDP grows 6.9% in Q4, beats estimates; 2021 growth best in nearly 4 decades – The Financial Express
Clipped from: https://www.financialexpress.com/economy/us-economy-regains-speed-gdp-grows-6-9-in-q4-beats-estimates-2021-growth-best-in-nearly-4-decades/2417666/ The economy grew 5.7% in 2021, the strongest since 1984. It contracted 3.4% in 2020, the biggest drop in 74 years. Growth last
AARs give divergent rulings on notice pay recovery by employers | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/aars-give-divergent-rulings-on-notice-pay-recovery-by-employers-122012701643_1.html No GST on such collections in Maharashtra, regarded as service in MP and taxed, money received from employees for medical insurance to non-dependent
Winding up of schemes only after majority unitholders’ nod: Sebi | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/winding-up-of-schemes-only-after-majority-unitholders-nod-sebi-122012800058_1.html Mutual fund trustees will be required to obtain the consent of the unitholders when the majority of the trustees decide to wind up
Jerome Powell to Kerry Craig: Expert take on US Fed’s hawkish comments | Business Standard News
There’s a risk that the high inflation we’re seeing will be prolonged, there’s a risk that it will move even higher. We have to be
Payout to be Rs 4k cr to return up to Rs 5 lakh to PMC depositors: Centrum | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/payout-will-be-rs-4k-cr-to-give-up-to-rs-5-lakh-to-pmc-depositors-centrum-122012701490_1.html In a Q&A Jaspal Bindra, Chairman of Centrum Group says Unity SFB will take some cash assistance from DICGC to meet the liquidity
96% PMC Bank depositors to be paid upfront: Unity SFB | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/96-pmc-bank-depositors-to-be-paid-upfront-unity-sfb-122012701486_1.html On January 25, the finance ministry had approved the merger of PMC Bank with Unity SFB, protecting it from liquidation and bringing relief
Rs 50,000 crore of NPAs may be transferred to NARCL in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rs-50-000-crore-of-bad-debts-may-be-transferred-to-narcl-in-fy22-122012900034_1.html Overall, 38 accounts worth Rs 83,000 crore identified: SBI chairman Dinesh Kumar Khara, Chairman, SBI (Photo: Kamlesh Pednekar) Lenders are set to transfer
India’s exports to China jump 34% to $22.9 billion in 2021, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-exports-to-china-jump-34-to-22-9-billion-in-2021-shows-data-122012801852_1.html Imports, on the other hand, rose 28 per cent to USD 87.5 billion in 2021 India’s exports to China have increased about 34 per cent to USD
Second-hand smartphone market in India to reach $4.6 bn in 2025: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/second-hand-smartphone-market-in-india-to-reach-4-6-bn-in-2025-report-122012801920_1.html The second-hand smartphone market in the country is expected to double in three years to $4.6 billion by 2025, according to a joint
Gold imports hit 10-year high as jewellery demand doubles | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/gold-imports-hit-10-year-high-as-jewellery-demand-doubles-122012900070_1.html Celebrations picked up in full swing in the three months through December, more than doubling full-year imports to 925 tonnes Gold imports in the
Remote working new normal; 82% employees prefer working from home: Study | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/remote-working-new-normal-82-employees-prefer-working-from-home-study-122012900799_1.html The Talent Tech Outlook 2022 study is an analysis of inputs from 100 plus C-suite and human capital leaders across four continents Representational
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