Clipped from: https://www.financialexpress.com/opinion/tax-travails-reduce-untenable-tax-litigation/2436200/ The income tax department should target to complete all pending appeals within the next one year and release the inappropriately collected taxes to
Day: February 19, 2022
Sebi’s U-turn on splitting CMD role beats logic – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/sebis-u-turn-on-splitting-cmd-role-beats-logic/2436163/ 46% of India’s top 500 listed firms refused to comply with the regulatory mandate even after two years “If the two roles are
Government wants Sebi to review corp governance norms – The Financial Express
Clipped from: https://www.financialexpress.com/market/government-wants-sebi-to-review-corp-governance-norms/2438513/ The government’s focus isn’t just limited to penal action against the guilty. It wants swift remedial measures to ensure that investors’ confidence in
Govt to create equity fund for start-ups with 20 pc limited partnership: MoS IT – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/govt-to-create-equity-fund-for-start-ups-with-20-pc-limited-partnership-mos-it/2438960/ “The finance minister has announced that there will be such a fund where the government will be a 20 per cent limited partner
Don’t scare bona fide bankers stiff – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/dont-scare-bona-fide-bankers-stiff/articleshow/89648581.cms Synopsis Following amendments to the Prevention of Corruption Act, rules seek to protect against arbitrary criminalisation of decisions by bankers and public servants.
Karnataka decided, let the gaming begin – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/karnataka-decided-let-the-gaming-begin/articleshow/89671705.cms Synopsis Lockdowns have brought the metaverse to the fore and there are market expectations it will draw in other tech and entertainment giants
New Income tax slabs: Deductions, exemptions not available in proposed new tax regime
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-you-will-lose-if-you-opt-for-the-reduced-tax-rates-and-new-tax/articleshow/73839079.cms Individuals opting to pay tax under the new lower personal income tax regime will have to forgo almost all tax breaks that they were claiming in the
lic ipo: How LIC policyholders can get discounted IPO shares: 29 FAQs answered by LIC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/how-lic-policyholders-can-get-discounted-ipo-shares-29-faqs-answered-by-lic/articleshow/89658962.cms Synopsis According to the DRHP, up to 10 percent will be reserved for eligible LIC policyholders under the Policyholder Reservation Portion. Here is
Daughter’s Property Rights: How latest Supreme Court Judgment expands daughter’s legal rights to father’s property
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-latest-supreme-court-judgment-expands-daughters-legal-rights-to-fathers-property/articleshow/89593213.cms Synopsis The latest Supreme Court Judgement deals with the issue of the legal right of a daughter to inherit ‘self-acquired’ property of her
TransUnion CIBIL partners with FICCI to help MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/transunion-cibil-partners-with-ficci-to-help-msmes/articleshow/89659899.cms Synopsis The program’s objective is to empower MSMEs with knowledge on how to build a good credit history and CIBIL Rank to avail
ABG Shipyard Case Updates | ABG Shipyard allegedly used 38 overseas firms to divert funds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/abg-shipyard-allegedly-used-38-overseas-firms-to-divert-funds/articleshow/89649530.cms Synopsis Both the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) have booked ABG Shipyard and its directors on charges of criminal
Paytm Shares | Zomato Shares | nykaa shares: Investor losses in Paytm, Nykaa, PB & Zomato mount to Rs 1.3L cr since Day 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/investor-losses-in-paytm-nykaa-pb-zomato-mount-to-rs-1-3l-cr-since-day-1/articleshow/89636423.cms Synopsis Paytm has lost nearly two-third of its value as the IPO at issue price had sought a valuation of about Rs 1.39
Debt recovery: HC proposes to initiate vigilance enquiry against bank official – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/debt-recovery-hc-proposes-to-initiate-vigilance-enquiry-against-bank-official/articleshow/89690652.cms Synopsis While the borrowed sum was Rs 62 lakh in 1992, the Debt Recovery Tribunal ordered the defaulted to return Rs 1.85 crore
Why investors should care about the current inflation numbers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/why-investors-should-care-about-the-current-inflation-numbers/articleshow/89560198.cms Synopsis Operating profit margins for a sample of 432 companies (excluding banks and financials) contracted 200 basis points year-on-year (Y-o-Y) as raw materials
Union Budget hopes for private sector capex revival: Will it fructify? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/union-budget-hopes-for-private-sector-revival-will-it-fructify/articleshow/89316450.cms Synopsis Overall, the Budget gambit hinges crucially on hopes of improved traction in India’s private sector, quick revival in private capex, pick up
Fed rate hikes: Fed officials lean against large increase to kick off rate hikes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fed-officials-lean-against-large-increase-to-kick-off-rate-hikes/articleshow/89682221.cms Synopsis Fed Governor Lael Brainard – President Joe Biden’s nominee to be vice chair at the Fed – said officials will likely kick
ITC fraud: Proprietor of a metal scrap firm arrested – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/itc-fraud-proprietor-of-a-metal-scrap-firm-arrested/articleshow/89690744.cms Synopsis According to the GST, the Raigad Commissionerate has detected tax evasion of Rs. 675 Crore and recovered Rs. 403 Crore and arrested
Bias for interest rates is on the upside, says UTI MF’s Amandeep Chopra | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/bias-for-interest-rates-is-on-the-upside-says-uti-mf-s-amandeep-chopra-122021500802_1.html As the markets adjust to the process of policy normalization, investors can focus on products which are running strategies to capture these trends
Large NSE shareholders sell stake amid IPO delay, total holding down by 10% | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/large-nse-shareholders-sell-stake-amid-ipo-delay-total-holding-down-by-10-122021801044_1.html Citigroup, Goldman Sachs and Norwest Venture sold their entire stake in FY22, exchange data shows; others have pruned holdings Institutional shareholders blame the
The many faces of Vajpayee | Business Standard News
Clipped from: https://www.business-standard.com/article/beyond-business/the-many-faces-of-vajpayee-122021801360_1.html A biography of India’s first non-Congress PM to serve a full term offers an insightful and engrossing narrative Atal Bihari Vajpayee Atal Bihari
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