Clipped from: https://www.businesstoday.in/latest/trends/story/income-tax-returns-here-are-some-common-mistakes-you-need-to-avoid-while-filing-for-itr-341244-2022-07-12 Any mistake while filing ITR can lead to a penalty or tax notice from the Income Tax Department. Follow the steps to know
Day: July 12, 2022
The scam faultline is damaging Indian banking – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-scam-faultline-is-damaging-indian-banking/article65628245.ece More steps to prevent frauds are needed which include tightening the internal and external audit systems of banks ‘While the Government of India
*‘Poultry industry faces severe shortage of talent’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-industry-faces-severe-shortage-of-talent/article65629703.ece Annually around 5 lakh professionals can enter the industry, says Suguna Holdings CHRO S Harish India’s poultry sector is growing at 8-10 per
*Five key benefits of filing your income tax return by the due date | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/five-key-benefits-of-filing-your-income-tax-return-by-the-due-date-122071200862_1.html Filing ITR is mandatory in order to claim deductions under Chapter VI and exemptions on long-term capital gains; but there are other benefits
*******Who are anchor investors? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/finance/who-are-anchor-investors-122071200076_1.html Before a company hits the primary market, it will have to find anchor investors. So who are anchor investors and why are they
*Neighbours, Russia can help convert 16.38% of India’s trade into rupees | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/neighbours-russia-can-help-convert-16-38-of-india-s-trade-into-rupees-122071200484_1.html The rupee’s use in trade settlement would help the RBI in conserving foreign exchange. India’s forex reserves have fallen by more than Rs
*Rupee settlement to help India trade with Russia, Iran and others: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-settlement-to-help-india-trade-with-russia-iran-and-others-experts-122071200415_1.html On Monday, the Reserve Bank of India said it had put in place a mechanism for international trade settlements in Indian rupees (INR)
Ahead of inflation data, understanding how CPI is linked to RBI and markets | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/ahead-of-inflation-data-understanding-how-cpi-is-linked-to-rbi-and-markets-122071200839_1.html The Reserve Bank of India (RBI) hiked the benchmark interest rate, or repo rate, in May and then in June to control demand
Major GST issues in real estate sector | The Financial Express
Clipped from: https://www.financialexpress.com/money/major-gst-issues-in-real-estate-sector/2591266/ GST was introduced with the sole purpose of easing out compliances and avoiding the cascading of taxes. However, the purpose somewhere appears to
*******10 taxation and investment related benefits exclusively available to senior citizens | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/10-taxation-and-investment-related-benefits-exclusively-available-to-senior-citizens/2591270/ Here are 10 investment and taxation related benefits that are exclusively available to senior citizens. There are several tax benefits available to senior
Banks to report mark-to-market losses of Rs 13,000 crore on rising bond yields: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-to-report-mark-to-market-losses-of-rs-13000-crore-on-rising-bond-yields-report/articleshow/92827930.cms Synopsis The banks have a higher holding of government securities, especially the ones with longer tenors, in their investment portfolios due to which
*******HRA–Own two houses? Here’s how to claim tax deduction on HRA and home loan repayment – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/own-two-houses-heres-how-to-claim-tax-deduction-on-hra-and-home-loan-repayment/articleshow/92804548.cms Synopsis A self-occupied house gives you two avenues of saving taxes which are the payment of interest and repayment of principal. You can
*Green Card: Waiting time for employer-sponsored green cards rises – The Economic Times
<div pseudo=”-webkit-input-placeholder” id=”placeholder” style=”color: rgb(96, 94, 92); display: block !important;”><br class=”Apple-interchange-newline”>Add a note…</div><div></div> Clipped from: https://economictimes.indiatimes.com/nri/migrate/wait-time-for-employer-sponsored-green-cards-rises/articleshow/92795999.cms Synopsis Employers can opt to pay $2,500 fee, compared to
Prospects of a global recession looms. Small businesses prepare for trial by fire – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/prospects-of-a-global-recession-looms-small-businesses-prepare-for-trial-by-fire/articleshow/92817438.cms SynopsisTalk around the dreaded R-word (recession) is getting louder as inflation, geopolitical tensions and supply chain disruptions hammer the global economy. What does
NCLT directs tax department to return TDS to bankrupt Precision Fasteners – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/nclt-directs-tax-department-to-return-tds-to-bankrupt-precision-fasteners/articleshow/92828089.cms Synopsis The liquidator of the company had approached the Mumbai bench of the National Company Law Tribunal (NCLT) to recover about Rs 1
*****The emerging stress in imports: Surprisingly, it’s coal more than oil | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/trade-deficit-stress-for-india-as-fuel-coal-electronics-imports-spike-122071101043_1.html More than oil, as the demand for coal shoots up even further in the economy, it has become the new pressure point in
*Bank of Maharashtra bucks the trend, cuts MCLR by 20-35 basis points | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bank-of-maharashtra-cuts-mclr-by-up-to-20-35-bps-across-tenors-122071100362_1.html The state-owned lender cut overnight and one-month MCLR by 25 bps to 6.90 per cent and 7 per cent Six-month and one-year MCLR
*A first half worth forgetting | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/a-first-half-worth-forgetting-122071200019_1.html Contrasting narratives are plausible and in play after a truly terrible six months for the markets The year so far has proved to
*Rupee falls to new low as US dollar index rises to fresh 20-year high | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-falls-to-new-low-as-us-dollar-index-rises-to-fresh-20-year-high-122071101563_1.html The domestic currency ended at 79.44 as against 79.25 at the previous close Foreign portfolio investors have net sold Indian assets worth $30.3
*****At 1.79 million, demat accounts opened in June fewest since Feb 2021 | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/at-1-79-million-new-demat-accounts-opened-in-june-lowest-since-feb-2021-122071101465_1.html The total demat count now stands at 96.5 million, with 16 million new accounts getting added during the first half of 2022 –
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