Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-may-benefit-from-recession-in-advanced-economies/articleshow/92491111.cms Synopsis India may benefit from a recession in the advanced economies as some amount of moderation in global commodities prices may help cool
Month: June 2022
Pvt banks more than triple their share in loans sanctioned to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/pvt-banks-more-than-triple-their-share-in-loans-sanctioned-to-msmes/articleshow/92484518.cms Synopsis Many private sector banks started cutting their exposure to small businesses when the pandemic broke out but with govt guarantees coming in
On GST, the problem is trust deficit | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/on-gst-the-problem-is-trust-deficit-7991746/ GST centralised India’s indirect taxation. It is time to start a national discussion on reversing the course by giving states powers for direct
Taming inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/taming-inflation-122062601031_1.html The US Fed might be able to get the job done at a lower cost than is widely feared There is great inflation around us
Quicker refunds helping exporters in GST regime | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/quicker-refunds-helping-exporters-in-gst-regime-122062700026_1.html Overall, the five years of GST have made life easier for exporters and importers, despite some rude shocks and unresolved issues Since the
Five years of GST: Recovery of input tax credit still a struggle | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/5-years-of-gst-msmes-say-recovery-of-input-tax-credit-still-a-struggle-122062600737_1.html This ground report from Agra captures the overall sentiment that GST credit is like working capital for an MSME and it is increasingly
Rating agencies caught in the crossfire | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rating-agencies-caught-in-the-crossfire-122062600676_1.html There are close to 300 triple-A rated companies. Many of them will be downgraded and banks’ capital requirements will rise The rules of
Indirect tax reforms: A job half done; GST underperforms for its faulty design, rate hike agenda regressive | The Financial Express
lipped from: https://www.financialexpress.com/economy/indirect-tax-reforms-a-job-half-done-gst-underperforms-for-its-faulty-design-rate-hike-agenda-regressive/2573552/ Taxes continue to get paid on taxes. Economic travails have since forced the policymakers’ hands and deprived them of any headroom for course
Why 80 rupees per dollar isn’t a sign of weakness | India News – Times of India
lipped from: https://timesofindia.indiatimes.com/india/why-an-80-rupee-dollar-isnt-a-sign-of-weakness/articleshow/92460595.cms The world over, people tend to view a strong national currency as a sign of virility, like an erect penis. That may be
What led to a six-fold rise in heart attacks in Mumbai? A doctor explains – Times of India
Clipped from: https://timesofindia.indiatimes.com/india/what-led-to-a-six-fold-rise-in-heart-attacks-in-mumbai-a-doctor-explains/articleshow/92449439.cms According to a recent report in The Indian Express, Mumbai witnessed a six-fold rise in deaths related to heart attacks in the first six
On women’s rights, West takes a backward step, and India shows the way | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/on-womens-rights-west-takes-a-backward-step-and-india-shows-the-way-7992598/ While the West is curtailing abortion rights, the Medical Termination of Pregnancy (Amendment) Act, Surrogacy Regulation Act and Prohibition of Child Marriage (Amendment)
Twin deficits – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/bl-explainer-twin-deficits/article65567505.ece What is the twin deficit challenge that the government is talking about? Twin deficit refers to the fiscal and current account deficit. Fiscal
5 years of GST: Profiteering charges leave many companies perplexed | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/5-years-of-gst-profiteering-charges-leave-many-companies-perplexed-122062400801_1.html No structured guidelines for firms to avoid profiteering; standard method to compute undue profits, say experts The provisions in the Central GST Act
Can an IT sector employee be classified as a workman? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/current-affairs/can-an-it-sector-employee-be-classified-as-a-workman-122062300092_1.html A labour court in Chennai recently asked TCS to reinstate a former employee and clear all his past dues. This could become a
Adoption: Adopt change: Why there’s an urgent need to reduce long-waiting period for adoption in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/adopt-change-why-theres-an-urgent-need-to-reduce-long-waiting-period-for-adoption-in-india/articleshow/92461796.cms SynopsisAccording to data submitted by the National Commission for Protection of Child Rights (NCPCR) to the Supreme Court last year, over 3,600 children
3 Income Tax employees siphoned off crores through fictitious TDS refunds; CBI probes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/3-income-tax-employees-siphoned-off-crores-through-fictitious-tds-refunds-cbi-probes/articleshow/92469965.cms Synopsis CBI has named three I-T officials — Abhay Kant, Saurabh Singh and Rohit Kumar — in connection with the case along with
There should not be ‘intolerable growth sacrifice’ to tame inflation abruptly: RBI’s MPC member Jayanth Varma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/there-should-not-be-intolerable-growth-sacrifice-to-tame-inflation-abruptly-rbis-mpc-member-jayanth-varma/articleshow/92469652.cms Synopsis Jayanth Varma, who is a professor of finance and accounting at IIM Ahmedabad, said he sees the risks to inflation as balanced
Tax on drinks at gala nights! New TDS rules can mess up your tax math – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/tax-on-drinks-at-gala-nights-new-tds-rules-can-mess-up-your-tax-math/articleshow/92443385.cms Synopsis Section 194R – that comes into effect from July 1 – provides that if any ‘person’ (barring those excluded) provides any benefit
Govt plans easy visa norms, boosting medical infra in select cities to attract more foreign patients – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/govt-plans-easy-visa-norms-boosting-medical-infra-in-select-cities-to-attract-more-foreign-patients/articleshow/92457402.cms Synopsis The Union Health Ministry is collaborating with Tourism, Ayush, Civil Aviation ministries, hospitals and other stakeholders to build a roadmap to connect
What is a recession?–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/explained/everyday-explainers/what-is-a-recession-explained-7990703/ A brief guide to what you should know about recessions and why some people are talking about the next one now. A roadside
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