Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-increasing-msmes-share-in-gdp-to-40-by-2025-is-a-herculean-task-aima/2413579/ Ease of Doing Business for MSMEs: Former MSME Minister Nitin Gadkari in 2020 had set a target of increasing MSMEs’ share in exports
Month: January 2022
Residential sales in Q4 2021 highest since 2Q 2013: JLL – The Financial Express
Clipped from: https://www.financialexpress.com/money/good-news-residential-sales-in-q4-2021-highest-since-2q-2013-jll/2414324/ With the onset of the festive season and supported by discounts and incentives offered by developers plus the low mortgage rates, sales soared
Zomato, Paytm, Nykaa, PB Fintech shares tank as bears run riot on Dalal Street; should you buy? – The Financial Express
Clipped from: https://www.financialexpress.com/market/zomato-paytm-nykaa-pb-fintech-shares-tank-as-bears-run-riot-on-dalal-street-should-you-buy/2414393/ Zomato, Paytm, Nykaa, Policybazaar, and other new-age internet companies were witnessing some strong selling pressure on Dalal Street on Monday. The fall in
Why Sensex fell 2000 pts today: Nifty may hit 16800 soon; rate hike, inflation spook D-Street – The Financial Express
Clipped from: https://www.financialexpress.com/market/why-sensex-fell-2000-pts-today-nifty-may-hit-16800-if-it-closes-below-17200-rate-hike-inflation-spook-d-st/2414343/ On the back of weak global sentiment amid concerns over inflation and monetary policy tightening, BSE Sensex and NSE Nifty 50 extended the
What are your legal liabilities if you help your brother or sister take a loan or guarantee it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/what-are-your-legal-liabilities-if-you-help-your-brother-or-sister-take-a-loan-or-guarantee-it/articleshow/89054372.cms SynopsisIf you are a financial guarantor, you will be responsible for repaying the entire loan in case your sibling is unable to do
Information needed to create a will – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/information-needed-to-create-a-will/articleshow/89055894.cmsSynopsis First of all, one needs to make a list of all assets— movable or immovable, big or small value—that he/she has owned or
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
Senior-level panel looking into resignation of 3 independent directors of PFS: PTC India – The Financial Express
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
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