lipped from: https://www.thehindubusinessline.com/economy/further-pruning-of-services-exemption-on-card-revenue-secretary/article65602836.ece ‘ZERO’ rating for healthcare not possible, says Tarun Bajaj Revenue Secretary Tarun Bajaj on Tuesday said that further pruning of exemption list for
Day: July 6, 2022
*Crude solution – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/its-important-that-the-centre-keep-its-word-on-the-temporary-nature-of-the-windfall-profits-and-export-tax-on-fuels/article65602617.ece It’s important that the Centre keep its word on the temporary nature of the windfall profits and export tax on fuels Extraordinary times
*****Inflation has a role in higher GST collection, says Revenue Secretary Tarun Bajaj – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/inflation-has-a-role-in-higher-collection-says-revenue-secretary-tarun-bajaj/article65603064.ece Inflation affects prices of both inputs and outputs: CBIC Chairman Johri Revenue Secretary Tarun Bajaj on Tuesday acknowledged that inflation has contributed in
*****Strong dollar and its implication for India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-strong-dollar-and-its-implication-for-india/article65601882.ece Three macro-economic developments have propelled the Dollar Index upwards Why is the US dollar strengthening? The US Dollar Index, which measures the greenback’s
*****Why did the RBI crackdown on BNPL companies? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/why-did-the-rbi-crackdown-on-bnpl-companies/article65602974.ece Sources say they misled customers by not disclosing loans taken in the customer’s name Industry insiders say many ‘buy now, pay later’ (BNPL)
Phishing in troubled waters? Take cover in cyber liability, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/be-wary-of-those-phishing-in-troubled-waters-take-cover-in-cyber-liability-122070501200_1.html Protect family’s data, finances; consider floater cover as well Experts suggest buying cyber insurance cover, especially for those working from home (WFH). Since
How to generate or reset your ATM Card’s PIN? Check different ways | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/how-to-generate-or-reset-your-atm-card-s-pin-check-different-ways-122070501321_1.html Forgot your ATM pin? Check out details to reset or regenerate your ATM pin and how to protect yourself from ATM fraud An
*****Inflation targeting | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/inflation-targeting-122070501369_1.html It should be followed and communicated properly Containing inflation and managing inflation expectations have perhaps become the biggest challenge for policymakers across the world. The inflation rate in the
*******Not buying it on BNPL | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/not-buying-it-on-bnpl/2584041/ RBI’s freeze on PPI credit lines seeks to minimise a potential credit pile-up for retail customers. Banks and non-bank entities meeting eligibility criteria
‘Regulatory intervention a must for building risk management capabilities in small businesses’ | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-regulatory-intervention-a-must-for-building-risk-management-capabilities-in-small-businesses/2581211/ Ease of Doing Business for MSMEs: MSMEs must be ready to address strategic and operational risks, financial risks, insurance risks, project risks, engineering
*******Account Aggregator framework is a boon to SMBs as lenders won’t be able to store, analyse, sell financial info’ | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-account-aggregator-framework-is-a-boon-to-smbs-as-lenders-wont-be-able-to-store-analyse-sell-financial-info/2584155/ Credit and Finance for MSMEs: With the AA framework in place, India’s financial ecosystem will see a complete transformation. It will do to
*****GST hits, misses, and opportunities | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/gst-hits-misses-and-opportunities/2584060/ Five years after the introduction of the GST, the need for GST tribunals and a central appellate authority on advance rulings is strongly
*People can afford to pay 5% GST on hospital rooms above Rs 5k: Bajaj | The Financial Express
lipped from: https://www.financialexpress.com/economy/people-can-afford-to-pay-5-gst-on-hospital-rooms-above-rs-5k-bajaj/2584247/ In its June 28-29 meeting, the council decided to impose the tax on hospital rooms costing over Rs 5,000/day to widen the tax
*****More services to be brought under GST: Revenue secy | The Financial Express
On June 29, the GST Council approved removal of a host of tax exemptions and raised rates for a larger number of mass-consumption items to
*GST: Healthcare industry seeks suspension of 5pc GST on high rental hospital rooms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/health-care/healthcare-industry-seeks-suspension-of-5pc-gst-on-high-rental-hospital-rooms/articleshow/92679942.cms Synopsis “While the phasing away of the exemptions is a laudable objective for it integrates a large part of the value chain in
*****Redemption pressure of Short-term debt to add to RBI’s forex management challenges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/redemption-pressure-of-short-term-debt-to-add-to-rbis-forex-management-challenges/articleshow/92682610.cms Synopsis About 43.1 percent or $267 billion worth of external debt of the $620.7 billion amounting to 44 percent of country’s foreign exchange
*****Re may face more heat as repayments worth $267 bn of $621 bn external debt come up – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/re-may-face-more-heat-as-repayments-worth-267-bn-of-621-bn-external-debt-come-up/articleshow/92687264.cms Synopsis The rupee fell to a new record low of 79.38 to the US dollar on Tuesday, a day after India logged a
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