Clipped from: https://www.thehindubusinessline.com/economy/two-wheeler-recalls-skyrocket-in-fy22-fy23-morth/article65666903.ece Manufacturers recall 1,60,025 two-wheelers, higher than in the two previous years Two-wheeler manufacturers recalled a whopping 8.64 lakh vehicles in FY22, with Honda
Day: July 22, 2022
Companies not passing on benefit of ITC on pre-packed dairy, food products could face profiteering charges – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/companies-not-passing-on-benefit-of-itc-on-pre-packed-dairy-food-products-could-face-charge-of-profiteering/article65666365.ece The general opinion is that the price need not go up by a flat 5 per cent New Delhi, July Companies not passing
Centre holds more consultations on Labour Codes to build consensus – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/labour-ministry-holds-more-consultations-on-labour-codes-to-build-consensus/article65665867.ece Concerned about opposition, the Ministry is in talks with employer federations, trade unions on understanding the provisions of the laws The Ministry of
Domestic steel selling at premium as Chinese supplies taper off – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-prices-at-premium-as-china-quits-export-market/article65666979.ece With cheap Russian supplies coming in, the premium may not sustain After lying low for the last two months, domestic steel prices are
Irdai gives indicative premium growth targets to non-life insurers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/irdai-gives-indicative-premium-growth-targets-to-non-life-insurers-122072101275_1.html The regulator’s aim is to increase non-life penetration to 2.5% from the current 1% Insurance Regulatory and Development Authority of India (Irdai). The
*Over 40,000 GST returns for 2018-19 under scrutiny | The Financial Express
Clipped from: https://www.financialexpress.com/economy/over-40000-gst-returns-for-2018-19-under-scrutiny/2601998/ The central tax authorities have booked thousands of cases involving fake ITC of over Rs 50,000 crore in the past one-and-half year. While
Income Tax: Tips for NRIs buying property in India | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-tips-for-nris-buying-property-in-india/2602113/ NRIs need to make all payments in rupees and through banking channels via an NRI account NRIs can transfer any immovable property to
Removing GST bottlenecks and turbocharging MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-removing-bottlenecks-and-turbocharging-msmes/articleshow/93037259.cms Synopsis A 2021 Small Industries Development Bank of India (Sidbi) survey showed that about 67% of MSMEs were closed for three months during
Profile Funding–Four flats, penthouse on loan on an INR1.5 lakh salary! The profile-funding bubble could burst soon. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/four-flats-penthouse-on-loan-on-an-inr1-5-lakh-salary-the-profile-funding-bubble-could-burst-soon-/primearticleshow/93012543.cms SynopsisFrom Delhi-NCR to Mumbai to Bengaluru, cases of profile funding, where builders make use of people’s good credit profiles to get cheaper loans,
How to claim set off of capital loss against capital gains in your income tax return
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-how-to-claim-set-off-of-capital-loss-against-capital-gains-in-your-income-tax-return/articleshow/92868368.cms Synopsis A loss ocurrs when an individual sells his/her asset below the asset price. These losses can help an individual in reducing net
Health Insurance Policy: Cashless treatment at preferred hospital under health insurance policy to get easier: Here’s why – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/cashless-treatment-at-preferred-hospital-under-health-insurance-policy-to-get-easier-heres-why/articleshow/93025018.cms Synopsis Most policyholders buy a health insurance cover primarily for the wider cashless claim facility. Expanding the scope of the most sought-after feature
Carmakers grapple with backlog of 6.5 lakh units as chip shortage hits production – The Economic Times
lipped from: https://economictimes.indiatimes.com/industry/auto/cars-uvs/carmakers-grapple-with-backlog-of-6-5-lakh-units-as-chip-shortage-hits-production/articleshow/93031989.cms Synopsis Carmakers grappling with a huge backlog of around 6.5 lakh units, with chip shortage continuing to crimp their manufacturing activities and leading
No need to distort the GST package – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/no-need-to-distort-the-gst-package/articleshow/93012976.cms Synopsis GST allows manufacturers to claim credit for the taxes paid on inputs and creates audit trails in the income and production chain.
Next pain point for rupee is $79 billion of unhedged debt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/next-pain-point-for-rupee-is-79-billion-of-unhedged-debt/articleshow/93018382.cms Synopsis The proportion of unhedged foreign loans has built up as companies were lulled into complacency about their dollar exposure by RBI’s intervention,
Reading the signs: Is the US in recession? | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/reading-the-signs-is-the-us-in-recession/2601875/ Can’t call a recession on the basis of two consecutive quarters of negative growth But even if the announcement seems to say that,
Karnataka on top in Niti Aayog’s India Innovation Index 2021 | The Financial Express
lipped from: https://www.financialexpress.com/economy/karnataka-on-top-in-niti-aayogs-india-innovation-index-2021/2601635/ For the Union territories and city-states, Chandigarh is the top performer, followed by Delhi. The key findings provide a detailed analysis of the
TReDS: Bill discounting platforms have failed to take off, says NITI Aayog report | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-treds-bill-discounting-platforms-have-failed-to-take-off-says-niti-aayog-report/2601909/ Credit and Finance for MSMEs: The government back in 2018 had asked public sector enterprises and all companies with a turnover of Rs
BS Number Wise: The surprisingly low number of employed women graduates | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bs-number-wise-the-surprisingly-low-number-of-employed-women-graduates-122072101077_1.html A larger share of them remain without work than men, and the disparity is telling in some states World Bank data shows that
Shining a light on audit reforms | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/shining-a-light-on-audit-reforms-122072101505_1.html Cost cannot be an overwhelming consideration if joint audits lead to improvement in quality The concept and practice of a joint audit have been piloted
94 YouTube channels, 747 URLs blocked in FY21 for spreading fake news: Govt | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/94-youtube-channels-19-social-media-accounts-blocked-in-2021-22-for-spreading-fake-news-govt-122072101149_1.html Information and Broadcasting Minister Anurag Thakur on Thursday said the government blocked 94 YouTube channels, 19 social media accounts and 747 uniform resource
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