Clipped from: https://www.business-standard.com/article/opinion/file-122021400014_1.html One of the prime objectives of Goods and Services Tax (GST) regime is to provide seamlinpuess input tax credit (ITC) and thus reduce
Month: February 2022
Related-party trouble | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/related-party-trouble-122021501652_1.html Seeking shareholder approval would impede normal functioning Listed companies could have practical issues in complying with one of the stipulations of the November 2021 circular
Sebi makes separation of Chairman, MD posts voluntary for India Inc | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-makes-separation-of-chairman-md-posts-voluntary-for-india-inc-122021501442_1.html Reprieve will benefit more than 150 companies, including Reliance Industries, Hindustan Unilever, Bajaj Finserv and Adani Ports Securities and Exchange Board of India
NBFCs get extra 6-months to keep system ready to implement NPA norms | Business Standard News
lipped from: https://www.business-standard.com/article/finance/nbfcs-get-extra-6-months-to-keep-system-ready-to-implement-npa-norms-122021600060_1.html In November 2021, RBI had given time till March 31, 2022 to implement the rule Imaging: Ajay Mohanty The Reserve Bank of India
LIC policyholders must update PAN details by Feb 28 to participate in IPO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/lic-policyholders-must-update-pan-details-by-feb-28-to-participate-in-ipo-122021501387_1.html The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in
Despite rising inflation, RBI unlikely to hike rates till August, says report – The Financial Express
Clipped from: https://www.financialexpress.com/economy/despite-rising-inflation-rbi-unlikely-to-hike-rates-till-august-says-report/2434784/ The official data released on Monday showed that retail inflation spurted to a seven-month high in January at 6.01 per cent. Wholesale inflation
Underspending on MSME schemes increased in 2020-21, shows govt data – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-underspending-on-msme-schemes-increased-in-2020-21-shows-govt-data/2433939/ Credit and Finance for MSMEs: Out of Rs 7,572.20 crore earmarked for the MSME Ministry in the Union Budget 2020-21, Rs 5,647.50 crore
How RBI’s status quo on key policy rates is appropriate for India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/how-rbis-status-quo-on-key-policy-rates-is-appropriate-for-india/articleshow/89550918.cms Synopsis With the bond yields rising all around the world, and credit rating agencies and foreign investors starting to discriminate across emerging markets,
SEBI rolls back Chairman and MD separation norm, makes it “voluntary” from April 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/sebi-rolls-back-chairman-and-md-separation-norm-makes-it-voluntary-from-april-1/article65052341.ece Union Finance Minister Nirmala Sitharaman along with SEBI Chairman Ajay Tyagi addresses the Board members of SEBI, in New Delhi on Tuesday |
The political risks of low interest rates are high in an election year | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-political-risks-of-low-interest-rates-are-high-in-an-election-year-122021400129_1.html Since 1989, governments have risked that the benefits of higher economic growth will offset the costs of higher inflation The Monetary Policy Committee
No-nonsense industrialist | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/no-nonsense-industrialist-122021300929_1.html Rahul Bajaj was a rare India Inc voice One of the wry jokes about India Inc was its penchant for double-speak, fulsomely praising
Home insurance policy: Buyers, now get ready for structural audit | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/home-insurance-policy-buyers-now-get-ready-for-structural-audit-122021500046_1.html Fortify yourself further by purchasing adequate insurance cover for the building and its contents The recent news of a portion of the sixth
The inflation dilemma | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-inflation-dilemma-122021500003_1.html Markets are in for a very bumpy ride if inflation is truly breaking out The inflation data in the US and globally continues to deteriorate
LIC disinvestment: Right and wrong | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/lic-disinvestment-right-and-wrong-122021500007_1.html The central government is disinvesting 5 per cent of the shares of the Life Insurance Corporation of India (LIC) The Government of India
Governance breakdown | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/governance-breakdown-122021401897_1.html Sebi order exposes how NSE was run The Securities and Exchange Board of India (Sebi) last week issued the final order on the
The treacherous labour statistics | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-treacherous-labour-statistics-122021401882_1.html Employment did not expand to absorb the unemployed in January. On the contrary, it shrank by 3.3 million The unemployment rate fell in
Ensuring transparency | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/ensuring-transparency-122021401893_1.html LIC’s listing will have multiple benefits Giant public sector insurer Life Insurance Corporation (LIC) has filed its draft red herring prospectus (DRHP) and the details
LIC IPO documents: Insurers’ unclaimed amount crosses Rs 20,000 crore | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/unclaimed-amount-lying-with-lic-bigger-than-budgets-of-entire-ministries-122021401593_1.html Total was in excess of Rs 20,000 crore as of September, shows offer document data Life Insurance Corporation The amount of money lying
Asset monetisation: NITI seeks GST waiver for ‘rights to use’ transfers | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/asset-monetisation-niti-seeks-gst-waiver-for-rights-to-use-transfers-122021500055_1.html At present, the transfer of ‘Rights to Use’ is considered a supply under the GST regime, and attracts 18 per cent tax in
RBI DG Rabi Sankar asks for complete ban on cryptocurrencies in India | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-dg-rabi-sankar-asks-for-complete-ban-on-cryptocurrencies-in-india-122021401710_1.html ‘We have examined arguments by those advocating cryptos should be regulated, and found that none of them stand up to basic scrutiny,’ says