Clipped from: https://www.thehindubusinessline.com/news/india-is-likely-to-gain-more-from-the-emerging-global-economic-order-tv-somanathan/article65518224.ece “If we continue to grow at 6-7 per cent a year, we will be way ahead of many countries” The old global economic
Month: June 2022
*****Understanding capital gains tax exemption under Section 54 | Business Standard News
Clipped from: https://www.business-standard.com/podcast/economy-policy/understanding-capital-gains-tax-exemption-under-section-54-122061000066_1.html Taxes are levied on earnings made from sale of residential property as well. It is known as capital gains tax. But did you
*****ITR Deadline Missed: You may have to pay higher TDS if you missed ITR deadline last year; how banks can check if you are a ‘specified person’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/pay-higher-tds-if-you-missed-itr-deadline-last-year-how-banks-can-check-if-you-are-a-specified-person/articleshow/92119559.cms Synopsis If you failed to file an ITR for the fiscal year 2020-21 (assessment year 2021-22), increased TDS may be applied to certain
Who is not eligible to file ITR-1 for FY 2021-22? | The Economic Times
https://economictimes.indiatimes.com/wealth/tax/who-is-not-eligible-to-file-itr-1-for-fy-2021-22/i-am-a-joint-owner-of-a-house-with-my-spouse-we-do-not-have-any-additional-property-can-i-file-itr-1/slideshow/92123447.cms Selecting the appropriate tax return form is the first step in completing an income-tax return (ITR). The applicable tax return form is determined…
*****6 reasons why you should not buy property via Power of Attorney – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/6-reasons-why-you-should-not-buy-property-via-power-of-attorney/articleshow/92072869.cms Synopsis Governed under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a
Number of income tax returns rising: CBDT Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/number-of-income-tax-returns-rising-cbdt-chairman/articleshow/92146960.cms Synopsis The Board is witnessing an increase in tax collection, which usually happens if the country is showing an upward trend in economic
Can you sue the US government if your immigration process is delayed? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/can-you-sue-the-us-government-if-your-immigration-process-is-delayed/articleshow/92147286.cms Synopsis Fundamentally, is litigation against delays in the immigration process a viable option in your case? The answer is perhaps it is, but
Banker to 467 million Indians says loan demand is bouncing back – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banker-to-467-million-indians-says-loan-demand-is-bouncing-back/articleshow/92154731.cms Synopsis The rising demand for loans means SBI will have to shore up its capital adequacy ratio, since it is hovering at less
*****Loan demand not affected by rate hikes for now, say bankers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/loan-demand-not-affected-by-rate-hikes-for-now-say-bankers/article65513819.ece They point out that lending rates are still below pre-pandemic levels Though the impact of rising interest rates is being watched closely by
*****‘Interest rates to harden, rupee to remain under depreciating pressure for some time’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/interest-rates-to-harden-rupee-to-remain-under-depreciating-pressure-for-some-time/article65514444.ece But India’s robust domestic and external macro-parameters to help cushion global headwinds, says RBI Executive Director Radha Shyam Ratho, Executive Director, Reserve Bank
*****Cutting crude import bill is no easy task – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/cutting-crude-import-bill-is-no-easy-task/article65515237.ece Boosting oil and gas production, accompanied by focus on green energy, especially wind power, is vital to cut imports In March 2015, Prime
*****Skills training for MSMEs should change – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/skills-training-for-msmes-should-change/article65515326.ece Whether in Tripura or Haryana, there is little interaction between MSMEs and the ITIs. District Industries Centres should step in Developing and implementing
*****State of concern – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/state-of-concern/article65514483.ece States need to urgently act in pruning non-essential expenditure and knocking down their debt to prudent levels As the economy begins a gradual
*April IIP growth sizzles at eight-month high of 7.1% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/april-iip-growth-sizzles-at-eight-month-high-of-71/article65514717.ece Overall factory output growth bolstered by strong show in manufacturing, electricity sectors Factory output growth surprised on the upside in April hitting an
PMC Bank case fallout: RBI asks UCBs to make higher provisions | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/pmc-bank-case-fallout-rbi-asks-ucbs-to-make-higher-provisions-122061001158_1.html The RBI said the new circular has been warranted by the fact that UCBs have met the conditions already laid out Photo: Bloomberg
Bears tighten grip: Sensex crashes 1,000 pts on mounting inflation worries | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sensex-falls-1-000-pts-on-mounting-inflation-worries-nifty-ends-at-16-202-122061001200_1.html FPIs sell shares worth Rs 4,000 crore; US inflation hits new 4-decade high The market breadth was negative, with 2,101 stocks declining and
Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday? | Business Standard News
lipped from: https://www.business-standard.com/article/markets/rs-2-7-trillion-investor-wealth-wiped-off-what-made-sensex-nifty-tumble-122061000283_1.html The market’s confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy
Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/rupee-in-free-fall-plunges-to-all-time-low-of-77-84-against-dollar-122061001057_1.html The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading. The rupee hit a fresh all-time low
*****Export curbs, higher energy prices may spike trade deficit further in FY23 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/export-curbs-higher-energy-prices-may-spike-trade-deficit-further-in-fy23-122061000765_1.html Revenues from the export of industrial metals would also take a hit from a decline in metal prices According to India Ratings &
*****Holding her own: Madhabi Puri Buch completes 100 days as Sebi chairperson | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/holding-her-own-madhabi-puri-buch-completes-100-days-as-sebi-chairperson-122061000385_1.html Industry players credit Sebi’s first woman chairperson with putting special emphasis on cyber security, use of tech and data – areas where Sebi
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