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
Month: April 2022
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
*Overseas Indians float local trusts to escape RNOR tag – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/overseas-indians-float-local-trusts-to-escape-rnor-tag/articleshow/90628847.cms Synopsis The status of an RNOR lies in between that of a non-resident Indian who stays more than 181 days in the country
*Explain Speaking: How is India’s exchange rate related to its current account deficit, forex reserves, and balance of payment? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/india-exchange-rate-current-account-deficit-forex-balance-of-payment-7851688/ Essentially, the BoP allows us to figure out the rupee’s exchange rate vis-a-vis the different currencies. What is BoP, how does it balance
*Sri Lanka’s nosedive into economic chaos holds global lessons | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/sri-lankas-nosedive-into-economic-chaos-holds-global-lessons-1097013.html Fashionable liberal ideas like organic farming added to Sri Lanka’s woes Representative picture. Credit: PTI Photo For years Sri Lanka was held as
*Not a design flaw of Putin’s strategy: Ukraine’s refugee crisis and the world’s big test | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/not-a-design-flaw-of-putin-s-strategy-ukraines-refugee-crisis-and-the-worlds-big-test-1096989.html Opening the doors wide to European refugees raises an inevitable comparison to the treatment of refugees from Syria, Afghanistan and other countries Refugees
*India shouldn’t fall for Putin’s rupees-for-rubles deal | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/india-shouldn-t-fall-for-putin-s-rupees-for-rubles-deal-1096643.html Russia is reportedly offering India a $35 discount per barrel on the pre-war price of flagship Urals grade oil Russian President Vladimir Putin
*Inflation and the implications of taking supply-side path for growth | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/inflation-and-the-implications-of-taking-supply-side-path-for-growth-1097371.html inflation The fiscal policy of the Union government is highly paradoxical in nature while realising the growth targets. Deriving pieces of evidence from
**Paid back PMC depositors Rs 3,800 crore: Centrum Group’s Jaspal Bindra | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/paid-back-pmc-depositors-rs-3-800-crore-centrum-group-s-jaspal-bindra-122040400018_1.html This is more than two years after PMC went bust and the Reserve Bank of India (RBI) imposed restrictions on the amount the
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