Clipped from: https://www.financialexpress.com/money/income-tax/cbdt-issues-guidelines-on-tds-applicability-on-non-salary-perquisites/2563493/ According to the guidelines, it is not necessary for the payer/deductor to check the taxability of the sum in the hands of the
Month: June 2022
*****CBDT tightens curbs on high-pitched tax assessments | The Financial Express
lipped from: https://www.financialexpress.com/money/income-tax/cbdt-tightens-curbs-on-high-pitched-tax-assessments/2563503/ “This instruction also provides for initiation of suitable administrative action against the officer concerned, in cases where assessments are found by the local
*****Macro stability paramount now, it’s good sign that “we have become inflation-intolerant”: CEA | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/macro-stability-paramount-now-its-good-sign-that-we-have-become-inflation-intolerant-cea/2564161/ Recession in the west to slow India’s export growth,supply disruptions could reappear if China comes back to global markets with full vigour. Chief
recession impact: D-St ends one of its wildest weeks in years with sharp losses as recession worries crush stocks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/d-st-ends-one-of-its-wildest-weeks-in-years-with-sharp-losses-as-recession-worries-crush-stocks/articleshow/92276599.cms Synopsis The 30-share pack lost 135.37 to close at 51,360.42. Its broader peer Nifty50 fell below the 15,300 mark. For the week, the
*****US Fed exports recession with hike – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/us-fed-exports-recession-with-hike/articleshow/92261730.cms Synopsis With China, its second-largest trading partner, still facing a slowdown, there could be both supply and demand effects on growth. This would
Infosys moves closer to talent, to open 4 offices in tier-II cities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/infosys-sets-up-four-new-offices-in-tier-ii-cities-in-a-bid-to-get-closer-to-talent-pool/articleshow/92186996.cms Synopsis Many young employees in the IT sector were recruited from tier II cities. Almost 60% of them have gone back to their
8,000 HNIs may leave India this year. Here’s where they are migrating – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/8000-super-rich-indians-are-anticipated-to-leave-india-this-year-read-to-know-where-they-are-heading-/articleshow/92195085.cms Synopsis Strict tax rules and reporting requirements in India, as well as the need for stronger passports, remain the primary factors driving the
*****Inflation & interest rates: Why they matter and where they are headed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/inflation-and-interest-rates-why-they-matter-where-they-are-headed/articleshow/92225355.cms Synopsis Inflation is driving policy, especially interest rate policy of central banks plus some fiscal policy (like duty cuts on fuel in India).
RBI sells $10 billion in two weeks to keep its inflation forecast bearable – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-sells-10-billion-in-two-weeks-to-keep-its-inflation-forecast-bearable/articleshow/92266664.cms Synopsis Stubbornly high crude oil prices may require Mint Road to revisit its calculations on automotive fuels, and medium-term price assumptions are likely
*Govt bans VPN, cloud services for employees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/govt-bans-vpn-cloud-services-for-employees/articleshow/92269197.cms Synopsis The National Informatics Centre (NIC), which is under the Ministry of Electronics and Information Technology, said it had put out the guidelines
*Cold comfort: The Hindu Editorial on inflation and government intervention – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/cold-comfort-the-hindu-editorial-on-inflation-and-government-intervention/article65526986.ece Despite the easing of retail inflation, there is no room for complacency Despite the easing of retail inflation, there is no room for
C Rangarajan writes: What is a “freebie” depends on the nature of the commodity or the services distributed
Clipped from: https://indianexpress.com/article/opinion/columns/punjab-govt-free-electricity-low-income-households-support-policy-7972197/ C Rangarajan writes | Three questions arise: What goods and services should be selected for such programmes? What should be their ideal mode
रिझव्र्ह बँक सरकारधार्जिणी? | लोकसत्ता
Clipped from: https://www.loksatta.com/sampadkiya/visheshlekh/reserve-bank-govt-inflation-control-failed-institutional-loss-circular-issued-reserve-bank-ysh-95-2975774/ महागाईवर नियंत्रण ठेवण्यात रिझव्र्ह बँक अपयशी ठरली आहे ते आपले काम बाजूला ठेवून सरकारच्या सुरात सूर मिसळण्यामुळे. यातून होणारी संस्थात्मक हानी भविष्यात सामान्य
*****What Americans face now as the Fed raises interest rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/explainer-what-americans-face-now-as-the-fed-raises-interest-rates/article65532207.ece Here’s what the Fed’s rate hikes means for consumers The U.S. Federal Reserve’s big interest rate hike on Wednesday — and the
WhatsApp to let users hide profile pic, last seen status from specific contacts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/whatsapp-to-let-users-hide-profile-pic-last-seen-status-from-specific-contacts/article65532366.ece Must select a “My Contacts Except…’ option to do this WhatsApp is rolling out new options for privacy control settings that will let
How to secure Aadhaar biometrics data to prevent misuse – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/how-to/how-to-secure-aadhaar-biometrics-data-to-prevent-misuse/article65532748.ece NEW DELHI, 26/09/2018: A person checks his Aadhaar deatils on his mobile phone, even as the Supreme Court has said ‘no need for
Residential real estate prices moving northwards | The Financial Express
Clipped from: https://www.financialexpress.com/money/residential-real-estate-prices-moving-northwards/2562810/ The prices of residential properties have been showing an increasing trend in varying degrees in the top eight cities of the country. Although
Not FIIs, but retail investors may turn out to be the biggest headache for market – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/not-fiis-but-retail-investors-may-turn-out-to-be-the-biggest-headache-for-market/articleshow/92244885.cms Synopsis “Increasingly, the Indian market has been driven by local, not foreign flows. These local flows, in turn, had been driven by a
*Banks, financial institutions should proactively undertake stress testing of loan books: RBI Deputy Governor M Rajeshwar Rao – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-financial-institutions-should-proactively-undertake-stress-testing-of-loan-books-rbi-deputy-governor-m-rajeshwar-rao/articleshow/92250923.cms Synopsis “We expect banks and other financial institutions to proactively undertake stress testing of their loan books, subjecting them to various levels of
*Gujarat HC’s respite to real estate buyers; Deemed land value only ‘optional’ | The Financial Express
Clipped from: https://www.financialexpress.com/money/gujarat-hcs-respite-to-real-estate-buyers-deemed-land-value-only-optional/2561184/ Recently, the Gujarat High Court passed an order in favor of the taxpayers while directing the refund of excess payment of GST to
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