lipped from: https://www.business-standard.com/article/pf/itr-2021-22-these-high-value-transactions-must-be-declared-in-your-return-122071500205_1.html Such transactions attract special attention from the income tax (I-T) department and are mandatory to be furnished. If not, they may lead to
Day: July 15, 2022
*****GST rate hike comes in effect from Monday: Here’s what will get costlier | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-rate-hike-comes-in-effect-from-monday-here-s-what-will-get-costlier-122071500484_1.html From next week, many household items, hotels, and bank services among other things will get costlier From next week, many household items, hotels,
*******india gdp growth: Aurodeep Nandi on why Nomura more concerned about 2023 growth prospects – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/nomura-more-concerned-about-2023-where-india-gdp-growth-forecast-cut-to-4-7-aurodeep-nandi/articleshow/92899045.cms SECTIONS Aurodeep Nandi on why Nomura more concerned about 2023 growth prospects Last Updated: Jul 15, 2022, 03:56 PM IST Synopsis “What is
Rupee News: Rupee touching 80 to a dollar doesn’t mean Indian fundamentals are very weak: Mythili Bhusnurmath – The Economic Times
lipped from: https://economictimes.indiatimes.com/markets/expert-view/rupee-touching-rs-80-to-a-dollar-doesnt-mean-indian-fundamentals-are-very-weak-mythili-bhusnurmath/articleshow/92890764.cms SECTIONS Rupee touching 80 to a dollar doesn’t mean Indian fundamentals are very weak: Mythili Bhusnurmath By Tamanna Inamdar ,Last Updated: Jul 15,
*******india inflation: Inflation will come down to 6.3% by March and to 5.5% by FY24: Indranil Sengupta – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/inflation-will-come-down-to-6-3-by-march-and-to-5-5-by-fy24-indranil-sengupta/articleshow/92900446.cms SECTIONS Inflation will come down to 6.3% by March and to 5.5% by FY24: Indranil Sengupta Last Updated: Jul 15, 2022, 04:47 PM
MSME News: MSMEs bounce back with normalising repayments: SIDBI MD Sivasubramanian Ramann – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-bounce-back-with-normalising-repayments-sidbi-md-sivasubramanian-ramann/articleshow/92881202.cms Small Industries Development Bank of India (SIDBI), the biggest lender in the vital SME segment, believes the damage to the financial system would be
trade deficit: Imports eclipse exports growth, fuel CAD fears – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-overall-exports-climbs-23-yoy-in-june-imports-jump-55-7/articleshow/92894221.cms Synopsis India’s overall exports, merchandise and services combined, are estimated to have grown 22.95% year-on-year in June 2022, at around US$ 64.91 billion,
*Centre hopes to roll out Labour Codes in the next three to four months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/centre-hopes-to-roll-out-labour-codes-in-the-next-three-to-four-months/article65639058.ece Discussions largely completed but mid-year roll out may be problematic The Centre is hoping that the much delayed Labour Codes are implemented in
*Curbing MF insider trading – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/curbing-mf-insider-trading/article65640079.ece Such a regime for MFs is much-needed, but needs to go hand-in-hand with strict material disclosures The Securities and Exchange Board of India’s
*****Trade deficit at record $26.18 billion in June as imports of oil, coal, gold soar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/trade-deficit-at-record-2618-billion-in-june-as-imports-of-oil-coal-gold-soar/article65639763.ece Exports during the month rise 23.52 per cent to $40.13 billion; imports swell 57.55 per cent to $66.31 billion The country’s goods exports
*****Rupee falls to new low vs US dollar with 100-bp Fed rate hike on cards | Business Standard News
lipped from: https://www.business-standard.com/article/markets/rupee-nears-80-level-vs-us-dollar-with-100-bp-fed-rate-hike-on-cards-122071401386_1.html Rupee which had closed at 79.64/$ at its previous close, slipped to a low of 79.92/$ intraday Photo: Brent Lewin/Bloomberg The rupee closed at 79.88
*******It’s prudent to file nil ITR even if your income is below Rs 2.5 lakh | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/it-s-prudent-to-file-nil-itr-even-if-your-income-is-below-rs-2-5-lakh-122071401035_1.html Filing income tax return will prove handy while applying for a loan, insurance cover, or a visa If an ordinarily resident taxpayer has
*******’Right to Repair’: Soon, consumers & third-party vendors may fix products | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-plans-right-to-repair-to-let-consumers-third-party-repair-products-122071401142_1.html Committee identifies farming equipment, cell phones, consumer durables among sectors for policy The government will make it mandatory for car, cell phone and other consumer goods companies
******OneCard is India’s 104th unicorn, raises $100 mn in Series D led by Temasek | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/onecard-is-india-s-104th-unicorn-raises-100-mn-in-series-d-led-by-temasek-122071401287_1.html The latest round by OneCard, owned by Pune-based FPL Technologies, also saw investment from existing investors such as QED, Sequoia Capital, and Hummigbird
*******Wheat stock in central pool close to minimum threshold amid low procurement | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wheat-stock-in-central-pool-close-to-minimum-threshold-amid-low-procurement-122071401511_1.html Grain inventory in central pool, as on July 1, 2022, lowest since 2019 The last time the wheat stocks in the Central pool
*Settling trade in rupee: FTP tweaks may allow traders export benefits | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-to-soon-make-amendments-to-ftp-for-settling-trade-in-rupees-122071401325_1.html It is not clear if the changes will be part of the existing FTP or the new policy that the DGFT hopes to
*India’s dipping learning levels | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/indias-dipping-learning-levels-1124732.html The 2021 survey reported an average learning level of 59 per cent in grade 3; 49 per cent in grade 5; 42 per
*******Mental health: Who decides need for treatment? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/mental-health-who-decides-need-for-treatment-1125490.html The first step towards recognition of the government’s responsibility towards mental healthcare facilities was the enactment of the Mental Healthcare Act, 2017 Representative image. Credit:
*Healthcare needed for returning NRIs | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/healthcare-needed-for-returning-nris-1126121.html Healthcare expenditure necessitated within the Indian medical ecosystem may appear to be comparatively affordable from an expat’s perspective Representative image. Credit: iStock Photo Low-Income
*Why are women and children in India becoming more anaemic? | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/why-are-women-and-children-in-india-becoming-more-anaemic-1126584.html The prevalence of anaemia in India was a concern in 2000 and has worsened two decades later despite gains in the intervening period
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