Clipped from: https://economictimes.indiatimes.com/news/india/i-t-detects-rs-800-cr-hidden-cash-transactions-after-raids-on-andhra-telangana-realty-groups/articleshow/88814439.cmsSynopsis Incriminating documents like handwritten books, agreements and digital data have been seized from a specialised software application as well as from other electronic
Month: January 2022
Paytm: IPO investors loss mounts as stock hits fresh low – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/paytm-ipo-investors-loss-mount-as-stock-hits-fresh-low/article38216110.ece Macquarie lowers price target to ₹900 Shares of One97 Communications (Paytm) hit yet another low on Monday, as Macquarie lowered the price target
India’s furniture industry estimated to touch $40 bn by 2026 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/indias-furniture-industry-estimated-to-touch-40-bn-by-2026/article38217986.ece As pandemic has made online a preferred medium of shopping, number of online furniture shoppers is estimated to rise from 1.8 million in
Covid surge: SC accepts plea to revive limitation extension orders | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-surge-sc-accepts-plea-to-revive-limitation-extension-orders-122011000367_1.html The Supreme Court on Monday agreed to extend the limitation period of filing cases across judicial and quasi-judicial fora in the country. Supreme
Bounce rates in December fall to their lowest since Covid-19 pandemic | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bounce-rates-in-december-fall-to-their-lowest-since-covid-19-pandemic-122011000450_1.html Bounce rates are even lower than pre-Covid levels seen during December’19 – February’0 period. Suresh Ganapathy, associate director, Macquarie Capital, said, “This indicates
Macquarie values Paytm at Rs 900; stock falls 45% against issue price | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/paytm-slips-4-hits-new-low-down-45-from-issue-price-of-rs-2-150-122011000569_1.html Global brokerage Macquarie has maintained its ‘underperform’ rating on the stock and reduced its target price (TP) to Rs 900. Shares of One97
Physical or digital: Choose the ITR verification method you find convenient | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/physical-or-digital-choose-the-itr-verification-method-you-find-convenient-122011000975_1.html Your tax return will become invalid unless it is verified within 120 days Even if you have met the December 31 deadline for
Five Star Business Finance, Waaree Energies get Sebi’s nod to float IPOs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/five-star-business-finance-waaree-energies-get-sebi-s-nod-to-float-ipos-122011001082_1.html Non-banking financial company Five Star Business Finance and solar energy player Waaree Energies have received capital markets regulator Sebi’s go-ahead to raise funds
NSE to launch derivatives on mid-cap stocks index from Jan 24 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/nse-to-launch-derivatives-on-mid-cap-stocks-index-from-jan-24-122011001123_1.html Nifty Midcap Select Index aims to track the performance of a focused portfolio of 25 stocks within the Nifty Midcap 150 index, NSE
Sebi puts in place framework for operationalising gold exchange | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-puts-in-place-framework-for-operationalising-gold-exchange-122011001100_1.html Capital markets regulator Sebi came out with a framework for operationalising the gold exchange, wherein the yellow metal will be traded in the
Paytm records over four-fold jump in loan disbursals in Oct-Dec 2021 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-records-over-four-fold-jump-in-loan-disbursals-in-oct-dec-2021-122011001193_1.html Paytm disbursed 44 lakh loans worth Rs 2,180 crore during the quarter Photo: Shutterstock Digital payments firm Paytm on Monday posted over four-fold jump in
Covid surge: SC accepts plea to revive limitation extension orders | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-surge-sc-accepts-plea-to-revive-limitation-extension-orders-122011000367_1.html The Supreme Court on Monday agreed to extend the limitation period of filing cases across judicial and quasi-judicial fora in the country. Supreme
Cash credit account cannot be provisionally attached- HC issues contempt notice to Principal Commissioner
Clipped from: https://taxguru.in/goods-and-service-tax/cash-credit-account-provisionally-attached-hc-issues-contempt-notice-principal-commissioner.html?utm_source=feedburner&utm_medium=email Manish Scrap Traders Vs Principal Commissioner (Gujarat High Court) Way back in the year 2016, in the case of Kaneria Granito Ltd. vs. Assistant
With expenditure lagging, Centre likely to use additional fiscal space to rein in deficit | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/centre-likely-additional-fiscal-space-rein-deficit-7713772/ 🔴 Nominal GDP estimate of 17.6 pre cent leaves space of around Rs 65K crore The Union Budget for 2021-22 had assumed a
SME director among two arrested in connection with input tax credit fraud | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/mumbai-sme-director-arrested-input-tax-credit-fraud-7713595/ CGST officials have arrested Omnipotent Industries Ltd director Punit Popat and Siddhanath Mishra, the proprietor of Shree Bitumax Trading. They have been remanded
Businesses to be given ‘reasonable time’ to explain mismatch in GSTR-1, 3B | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/businesses-to-be-given-reasonable-time-to-explain-mismatch-in-gstr-1-3b-122010900301_1.html Tax officers will give reasonable time to erring business to explain reasons for mismatch in turnover reported in sales return GSTR-1 and tax
Mandatory pre-litigation mediation needs lot of ground work before rollout – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/mandatory-pre-litigation-mediation-needs-lot-of-ground-work-before-rollout/article38204536.ece The question that looms large in the Indian context is whether India is ready for mandatory mediation as a pre-litigation tool. – Getty
Optimism and reality – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/optimism-and-reality/article38205793.ece The NSO’s advance estimates have factored in faster growth in H2, which looks difficult amid a third wave The National Statistics Office’s First
Optimism and reality – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/optimism-and-reality/article38205793.ece The NSO’s advance estimates have factored in faster growth in H2, which looks difficult amid a third wave The National Statistics Office’s First
Economic laws don’t always hold – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/economic-laws-dont-always-hold/article38205860.ece Bond yields, food inflation, credit growth and rupee value don’t seem to be guided now by the forces of demand and supply The