Clipped from: https://www.thehindubusinessline.com/info-tech/social-media/whatsapp-has-banned-nearly-20-million-accounts-in-india/article65293393.ece Experts say this will impact the messaging app’s user base growth but will improve the quality of users and aid monetisation It has
Day: April 5, 2022
*Germany faces recession if oil & gas halted, say banks | Business Standard News
Clipped from: https://www.business-standard.com/article/international/germany-faces-recession-if-oil-gas-halted-say-banks-122040500059_1.html Europe’s largest economy is heavily dependent upon Russia for energy, and nations banks echoed concerns over possible energy disruption expressed by big names
*HDFC – HDFC Bank merger: What’s in store for the shareholders? | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/hdfc-hdfc-bank-merger-what-s-in-store-for-the-shareholders-122040400479_1.html Shareholders of HDFC Ltd will receive 42 shares of HDFC Bank for 25 shares held Photo: Bloomberg HDFC and HDFC Bank’s merger –
*Sebi issues fresh guidelines to curb misuse of clients’ power of attorney | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-issues-fresh-guidelines-to-curb-misuse-of-clients-power-of-attorney-122040400927_1.html To curb misuse of PoA given by clients to stock brokers, Sebi came out with fresh guidelines wherein execution of a new document
HDFC twins merge in $40-bn deal; amalgamation may take 15 to 18 months | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/hdfc-twins-merge-in-40-bn-deal-amalgamation-may-take-15-to-18-months-122040500024_1.html The country’s largest housing finance company and the biggest private sector bank announced that their boards have approved an all-stock amalgamation of HDFC
Sashidhar Jagdishan on what the deal with HDFC means to HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sashidhar-jagdishan-on-what-the-deal-with-hdfc-means-to-hdfc-bank-122040500033_1.html Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, tells Manojit Saha what the deal with HDFC means to the bank
Income Tax Penalty cannot be Imposed Unless Assessee Obliged in Law, Either acted deliberately in Defiance of Law or Guilty of Dishonest Conduct: ITAT
Read More: https://www.taxscan.in/income-tax-penalty-cannot-be-imposed-unless-assessee-obliged-in-law-either-acted-deliberately-in-defiance-of-law-or-guilty-of-dishonest-conduct-itat/166292/ Clipped from: https://www.taxscan.in/income-tax-penalty-cannot-be-imposed-unless-assessee-obliged-in-law-either-acted-deliberately-in-defiance-of-law-or-guilty-of-dishonest-conduct-itat/166292/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Income%20Tax%20Penalty Top Stories By Rasheela Basheer – On April 5, 2022 10:06 am The Income Tax Appellate Tribunal, Delhi bench held that the income tax
Black Money Act Provisions cannot be invoked for Minor Breach of Law: ITAT–TAXSCAN
Clipped from: https://www.taxscan.in/black-money-act-provisions-cannot-be-invoked-for-minor-breach-of-law-itat/166358/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Black%20Money%20Act Top Stories By Rasheela Basheer – On April 5, 2022 2:34 pm In a major relief to philanthropist and pharma company Chairperson Leena Gandhi-Tiwari, the Mumbai
*Birth of a goliath – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/birth-of-a-goliath/article65291218.ece The HDFC-HDFC Bank merger, prompted by regulatory changes, will create a bank of scale Policymakers and industrialists in India have repeatedly bemoaned the
*Unwarranted confidence over external finances – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/unwarranted-confidence-over-external-finances/article65291233.ece Surge in external commercial borrowing and short-term debt have added to the external vulnerabilities /iStockphoto suman bhaumik Surge in external commercial borrowing and
*SEBI introduces instruction slips for share pledging – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/sebi-introduces-instruction-slips-for-share-pledging/article65291190.ece An employee works inside an office of a private share trading firm in Kolkata on February 1, 2021. – India unveiled a massive
*Stocks may come under pressure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/stocks-may-come-under-pressure/article65291194.ece FPIs expected to rebalance their stance on HDFC, HDFC Bank stocks The stance taken by FPIs on the stocks of HDFC twins –
CBDT notifies Introduction of Artificial Intelligence for Assessment Proceedings u/s 142 of Income Tax Act, 1961–TAXSCAN
lipped from: https://www.taxscan.in/cbdt-notifies-introduction-of-artificial-intelligence-for-assessment-proceedings-u-s-142-of-income-tax-act-1961/165117/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=AI Top Stories By Taxscan Team – On March 31, 2022 12:31 pm The Central Board of Direct Taxes (CBDT) has notified the Faceless Inquiry or Valuation Scheme, 2022
Benefit under Vivad Se Vishwas Scheme is Optional: Calcutta HC condones Delay in Appeals filed by Revenue in Rs. 38,000 Crores Penny Stock Scam–TAXSCAN
Clipped from: https://www.taxscan.in/benefit-under-vivad-se-vishwas-scheme-is-optional-calcutta-hc-condones-delay-in-appeals-filed-by-revenue-in-rs-38000-crores-penny-stock-scam/165979/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Vivad%20Se%20Vishwas%20Scheme Top Stories By Rasheela Basheer – On April 4, 2022 11:08 am A division bench of the Calcutta High Court, while condoning the delay in a
Violation of Principles of Natural Justice and Non-Compliance of Provisions of S. 144B of the Income Tax Act: Calcutta HC quashes Assessment
Clipped from: https://www.taxscan.in/violation-of-principles-of-natural-justice-and-non-compliance-of-provisions-of-s-144b-of-the-income-tax-act-calcutta-hc-quashes-assessment/165985/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Calcutta%20HC Top Stories By Rasheela Basheer – On April 4, 2022 12:33 pm The Calcutta High Court has quashed an assessment order under section 143(3) of the
CBDT notifies Income Tax (5th Amendment) Rules, 2022: Revises Income Tax Return Form-7–TAXSCAN
Clipped from: https://www.taxscan.in/cbdt-notifies-income-tax-5th-amendment-rules-2022-revises-income-tax-return-form-7/166140/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=ITR%20-%207 Top Stories By Taxscan Team – On April 4, 2022 4:16 pm The Central Board of Direct Taxes (CBDT) has notified the Income Tax (5th Amendment) Rules, 2022
Pizza toppings: Bringing science into GST!–TAXSCAN
Clipped from: https://www.taxscan.in/pizza-toppings-bringing-science-into-gst/166107/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Pizza Columns By Jigar Doshi & Nikita Maheshwari – On April 4, 2022 6:03 pm One item on the Italian cuisine that everybody is fond of is
Ready to Eat Popcorn Attracts 18% GST: AAR–TAXSCAN
Clipped from: https://www.taxscan.in/ready-to-eat-popcorn-attracts-18-gst-aar/166226/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=PopCorn Top Stories By Jwala K.P – On April 4, 2022 7:51 pm The Telangana State Authority for Advance Ruling ( AAR ) has held that ready-to-eat
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