Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-forms-for-fy-2021-22-notified-no-major-changes-in-income-tax-return-forms/articleshow/90588604.cms Synopsis The income tax return forms notified by the CBDT for FY 2021-22 have been kept unchanged. The individuals are required to provide
Day: April 2, 2022
*****Government’s open data push sets off alarms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/governments-open-data-push-sets-off-alarms/articleshow/90503805.cms SynopsisThe Ministry of Electronics and Information Technology (Meity) released a draft of the India Data Accessibility and Use Policy 2022 for public consultation
*I-T probe on Mukesh Ambani family closed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/i-t-probe-on-mukesh-ambani-family-closed/articleshow/90599997.cms Synopsis These sources added that the probe initiated in 2019 under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax
*Indian banks need to get way smarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-indian-banks-need-to-get-way-smarter/articleshow/90598830.cms Synopsis Even though banking is ahead of other industries in analytics maturity, there is still enough room for more innovation. Early adopters of
supreme court: ‘Very sorry state of affairs’: SC over delay in execution of arbitral awards – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/very-sorry-state-of-affairs-sc-over-delay-in-execution-of-arbitral-awards/articleshow/90608117.cms Synopsis The apex court said this case is a glaring example of frustrating the arbitration proceedings under the Arbitration Act. It noted that
*****Crypto Tax india: The 1% tax that has India’s crypto industry predicting chaos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/the-1-tax-that-has-indias-crypto-industry-predicting-chaos/articleshow/90603840.cms Synopsis Crypto-exchange executives, lawyers and tax analysts warn that the TDS will suck liquidity out of the market by forcing high-frequency traders to
Rising steel prices to make cars, home construction costlier – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/rising-steel-prices-to-make-cars-home-construction-costlier/article65283047.ece Steel prices in India have been at an all-time high over the last few months following supply shortages in Australian coking coal |
Upstox eyes customer base of 300 million in the next 5 years – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/upstox-eyes-customer-base-of-300-million-in-the-next-5-years/article65282981.ece Ratan Tata and Tiger global backed digital broker Upstox has been growing at a frenetic pace as it rides on ongoing mega trend
MCA yet again defers mandatory audit trail norm by another year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/mca-yet-again-defers-mandatory-audit-trail-norm-by-another-year/article65283004.ece Tax forms, close up | Photo Credit: FabrikaCr In a breather for small and medium-sized companies, the Corporate Affairs Ministry (MCA) has once
*****Current account deficit widens to 9-year high of $23 billion in Q3 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/current-account-deficit-widens-to-9-year-high-of-23-billion-in-q3/article65283006.ece As a percentage of GDP, the current account deficit was at 2.7 per cent during the October-December quarter of FY22 The country’s current
ITR forms for AY 22-23 notified – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/itr-forms-for-ay-22-23-notified/article65283013.ece New Indian ITR-5 Income tax Form with Indian currency and PAN or Permanent Account Number on isolated background. | Photo Credit: lakshmiprasad S
In a first, transaction volumes on UPI cross 500 cr in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/in-a-first-transaction-volumes-on-upi-cross-500-cr-in-march/article65283021.ece Over 17 cr payments worth Rs. 20,000 cr have been made via UPI on daily basis The widely popular Unified Payments Interface (UPI)
GST mop-up hits all-time high of Rs. 1.42-lakh crore in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/gst-mop-up-hits-all-time-high-of-rs-142-lakh-crore-in-march/article65283009.ece The previous record collection was Rs. 1.40-lakh crin January this year The Finance Ministry on Friday reported an all-time high collections through Goods
IBBI proposes changes to grievance redress and enforcement mechanism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/ibbi-proposes-changes-to-grievance-redress-and-enforcement-mechanism/article65283011.ece Man holds Insolvency and bankruptcy code IBC. | Photo Credit: designer491 Invites public comments on the discussion paper Insolvency regulator IBBI proposes to
*****Seven months after resuming talks, India, Australia to sign FTA today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/seven-months-after-resuming-talks-india-australia-to-sign-fta-today/article65282972.ece India sees big gains in pharma; Australia toget relaxations on wine India and Australia are all set to sign a free trade agreement
*****India Inc’s credit quality up sharply in second half of FY22: Rating agencies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/india-incs-credit-quality-up-sharply-in-second-half-of-fy22-rating-agencies/article65282975.ece Demand improvement, deleveragingby firms, govt’s relief measures help The credit quality of India Inc improved sharply in the second half of FY22 on
*****Rupee-rouble trade should be at a rate reflecting India’s economic strength | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rupee-rouble-trade-should-be-at-a-rate-reflecting-india-s-economic-strength-122033100395_1.html If India and Russia can work out a mutually acceptable exchange rate, bilateral rupee-rouble trade will be beneficial to India. There is talk
*****An astonishing recovery | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/an-astonishing-recovery-122033001460_1.html The rise in corporate earnings in FY21 was largely led by a handful of big companies in price-sensitive sectors such as metals and
*****Opening up procurement | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/opening-up-procurement-122033101558_1.html UAE trade agreement took a welcome new direction As the Union Ministry of Commerce negotiates a slew of intermediate or “early harvest” trade
*****Testing times for PLI schemes: Covid-related delays put firms in pressure | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/testing-times-for-pli-schemes-covid-related-delays-put-firms-in-pressure-122040101519_1.html Companies have petitioned the government to double the incentive from 2.5 per cent to 5 per cent and extend the tenure This year,
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