Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/markets-factoring-in-a-hard-landing/articleshow/90965261.cms Synopsis The ability of manufacturers to pass on the rise in costs is aided by a concentration of industrial output among large producers,
Day: April 21, 2022
*Debit Card | Credit Card : How to protect your debit, credit card from fraudsters
Clipped from: https://economictimes.indiatimes.com/wealth/save/how-to-protect-your-debit-credit-card-from-fraudsters/articleshow/90975746.cms Synopsis As the number of people who use their cards to make purchases has increased, so has the number of cases of card-related
*credit cards: RBI issues master directions for issuance of credit cards: What cardholders should know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/spend/rbi-issues-master-directions-for-issuance-of-credit-cards-what-cardholders-should-know/articleshow/90981453.cms Synopsis For the issuance of credit and debit cards, the Reserve Bank of India (RBI) has issued master directions. Here are some key
*Threat of shrinking forex reserves to amplify only if oil surges past $140 | The Financial Express
Clipped from: https://www.financialexpress.com/economy/threat-of-shrinking-forex-reserves-to-amplify-only-if-oil-surges-past-140/2498485/ Looking ahead, in terms of current account deficit (CAD), we expect the average quarterly level in FY2023 to be modestly higher than H2
*Economy in a bind: The tag of world’s fastest-growing economy is just a small consolation | The Financial Express
lipped from: https://www.financialexpress.com/opinion/economy-in-a-bind-the-tag-of-worlds-fastest-growing-economy-is-just-a-small-consolation/2498320/ Two years of Covid have sapped the economy and, as RBI noted recently, economic activity is recovering but is barely above its pre-pandemic
*GST requires major administrative reforms – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/gst-requires-major-administrative-reforms/article65338944.ece GST Need for administrative reforms | Photo Credit: indiaphotos A mere tweaking of tax rates or slabs will not be of much help.
Signs of a good (and bad) investment advisor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/signs-of-a-good-and-bad-investment-advisor/article65320863.ece Find out if your advisor is actually focussed on your financial well-being or his Indian investors get their investment advice from many sources. Though
*IT employees’ union writes to Centre against Infosys, seeks removal of non-compete clause – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/it-employees-union-writes-to-centre-against-infosys-seeks-removal-of-non-compete-clause/article65338859.ece FILE PHOTO: An employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore, February 28,
*Shortcomings of Online Gaming (Regulation) Bill – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/gavelshortcomings-of-online-gaming-regulation-bill/article65321561.ece Creative background, online casino, in a man’s hand a smartphone with playing cards, roulette and chips, black-gold background. Internet gambling concept. Copy space.
*Chinese solar module companies renege on contracts with Indian firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/chinese-solar-module-companies-renege-on-contracts-with-indian-firms/article65338056.ece India has 3 GW of cell manufacturing capacity now as against China’s 350 GW capacity More than 80 per cent of India’s solar PV
*Global supply chain disruption set to get worse due to delays at Chinese ports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/global-supply-chain-disruption-set-to-get-worse-due-to-delays-at-chinese-ports/article65339107.ece The trade in India is worried about diversion of large volumes of empty containers to China to load cargo for the US markets
*The slowdown in 2019-20 was neither anomalous, nor inexplicable | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-slowdown-in-2019-20-was-neither-anomalous-nor-inexplicable-122041900239_1.html It is important to remember that growth had been slowing for five consecutive quarters before 2019-20 Economists love to find trends or anomalies,
*Reserve Bank of India’s latest norms won’t be disruptive to NBFCs | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/reserve-bank-of-india-s-latest-norms-won-t-be-disruptive-to-nbfcs-122042100010_1.html Intend to narrow regulatory arbitrage between banks and shadow banks Photo: Shutterstock The latest norms concerning large exposures, additional disclosures, and lending to
Suppression in Net Sales assessable as “Business Income”, can’t be treated as Deemed Income u/s 68: ITAT
Clipped from: https://www.taxscan.in/suppression-in-net-sales-assessable-as-business-income-cant-be-treated-as-deemed-income-u-s-68-itat/169020/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Business%20Income Top Stories By Rasheela Basheer – On April 19, 2022 8:10 am The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the income surrendered
https://www.taxscan.in/assessing-officer-cannot-interfere-with-the-business-decisions-of-assessee-itat/169183/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Assessing%20Officer
Clipped from: https://www.taxscan.in/assessing-officer-cannot-interfere-with-the-business-decisions-of-assessee-itat/169183/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Assessing%20Officer Top Stories By Rasheela Basheer – On April 19, 2022 4:12 pm The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the Assessing Officer
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