Clipped from: https://www.thehindubusinessline.com/markets/over-2-lakh-retail-investors-exit-lic-but-holding-increases-marginally/article65653812.ece As many as 4,000 NRIs entered the insurance major last quarter Over two lakh small investors have exited from Life Insurance Corporation of
Day: July 18, 2022
*******Exempting pre-packed pulses, cereals, other food items above 25 kg from GST big relief for wholesalers: CAIT | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-exempting-pre-packed-pulses-cereals-other-food-items-above-25-kg-from-gst-big-relief-for-wholesalers-cait/2597422/ Ease of Doing Business for MSMEs: According to FAQs issued by CBIC on Sunday, only pre-packed and labelled food items such as pulses,
*******CBIC clarifies ambiguity on GST on pre-packaged items, new rates from Monday – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cbic-clarifies-ambiguity-on-gst-on-pre-packaged-items-new-rates-from-monday/articleshow/92940746.cms Synopsis Also the clarification said that if several packages intended for retail sale to the ultimate consumer, say 10 packages of 10 Kg
*******करावे कर-समाधान : इमारतीचा पुनर्विकास आणि प्राप्तिकर | लोकसत्ता
Clipped from: https://www.loksatta.com/arthvrutant/redevelopment-of-building-and-income-tax-maintenance-redevelopment-project-selling-at-market-price-amy-95-3026005/ शहरांमध्ये इमारती जुन्या झाल्यानंतर त्यांच्या देखभालीवर (मेंटेनन्स) खर्च वाढत जातो. प्रवीण देशपांडेशहरांमध्ये इमारती जुन्या झाल्यानंतर त्यांच्या देखभालीवर (मेंटेनन्स) खर्च वाढत जातो. तसेच नवीन
*****Going on eighty: Rupee continues to test new lows against US dollar | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/going-on-eighty-rupee-continues-to-test-new-lows-against-us-dollar-122071700700_1.html It’s too early to say if the central bank’s recent measures will offer relief any time soon Photo: iStock. The Financial Stability Report (FSR,
How to file ITR-2 online with salary income, capital gains for FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/how-to-file-itr-2-online-with-salary-income-capital-gains-for-fy22-122071501130_1.html Individual taxpayers not having business or professional income can use this form for Income Tax Returns Photo: Shutterstock Filing Income Tax Returns (ITRs) is both
ITR 2021-22: These high-value transactions must be declared in your return | Business Standard News
Clipped 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
*Strongest dollar in a generation upends global economy, devalues currencies | Business Standard News
Clipped from: https://www.business-standard.com/article/international/strongest-dollar-in-a-generation-upends-global-economy-devalues-currencies-122071700950_1.html The greenback is affecting everything from cost of an overseas vacation to profitability of MNCs US companies with large international operations are taking
The rise in the incidence of digital fraud | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-rise-in-the-incidence-of-digital-fraud-122071700674_1.html Over the years, there has been a significant change in the types of frauds affecting the banking industry Frauds in the banking sector have been
*****Surveyor cannot apply deductions arbitrarily | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/surveyor-cannot-apply-deductions-arbitrarily-122071700915_1.html The National Commission held the insurer liable to settle the claim in accordance with the original computation of loss jointly signed by the
*****Grain of the matter | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/grain-of-the-matter-122071700925_1.html Govt’s grain stock reduction is a good development The sharp decrease in the government’s wheat inventories this year is neither unexpected nor a matter of
*******Trade in rupee: A little step forward but nothing more | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/trade-in-rupee-a-little-step-forward-but-nothing-more-122071701064_1.html Transactions in INR shift entire exchange rate risks to the foreign party. It is difficult to fathom why any foreign trader would agree
*******Population and prosperity: Govt must focus on women’s education and health to control population growth | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/population-and-prosperity-govt-must-focus-on-womens-education-and-health-to-control-population-growth/2596776/ Each country looks for the prosperity of its people and follows policies that suit it most for a speedier road to prosperity. But
Card payments: Card tokenisation makes online payments safer | The Financial Express
Clipped from: https://www.financialexpress.com/money/card-payments-card-tokenisation-makes-online-payments-safer/2595665/ The RBI had mandated that after December 31, 2021, entities other than card networks and card issuers cannot store data. Tokenisation will be
*Policy in pocket, eye on the rupee – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/policy-in-pocket-eye-on-the-rupee/articleshow/92941327.cms Synopsis India is losing some of its export competitiveness against emerging economies whose currencies are falling faster. The rupee is tracking trade fundamentals with RBI managing a
Charting the Global Economy: The risk of a euro-area recession is growing – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-the-risk-of-a-euro-area-recession-is-growing/articleshow/92931235.cms Synopsis Recession calls are growing in Europe amid record-high inflation and weakening investor confidence, though the planned reopening of a key Russian gas
ITR filing: 9-point checklist to help you file your income tax return within 30 mins – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-9-point-checklist-to-help-you-file-your-income-tax-return-within-30-mins/articleshow/92905428.cms Synopsis These nine steps will help you prepare your tax return and ensure a smooth filing. As the last date for filing tax returns approaches,
*****Chip issue may continue into next year: Siemens MD Sunil Mathur – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/chip-issue-may-continue-into-next-year-siemens-md-sunil-mathur/articleshow/92941404.cms Synopsis “The availability of semiconductors is a global challenge, and in my assessment this will continue well into next year. We are not
*******Swiss top court quashes move to stall transfer of info to India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/swiss-top-court-quashes-move-to-stall-transfer-of-info-to-india/articleshow/92941112.cms Synopsis Court says Switzerland can share info on bank a/cs, trusts even if money’s not distributed. The Swiss Federal Supreme Court has ruled that even
*****Companies with overseas liabilities rush to cover currency risk – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/companies-with-overseas-liabilities-rush-to-cover-currency-risk/articleshow/92943366.cms Synopsis With the rupee breaching the psychological ₹80 versus the US dollar for the first time and the spot market USD-INR gauge heading
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