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
Month: July 2022
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
Digital lenders: Towards inclusion of MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/digital-lenders-towards-inclusion-of-msmes/article65651447.ece MSME focussed digital lenders have brought inclusion and formalisation of credit by providing widespread access to information India is now a country of
*****‘May’ does not mean ‘shall’ says SC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/may-does-not-mean-shall-says-sc/article65643710.ece To reduce a legal nuance into simple English, ‘may’ means existence of discretion, while ‘shall’ means no option Who would have thought that
Is the ‘beneficial owner’ also a ‘related party’? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/is-the-beneficial-owner-also-a-related-party/article65639552.ece The Bombay High Court judgment in the case of World Crest Vs Yes Bank seems to put financial creditors at a disadvantage Close on the
*Brookfield to buy 51% stake in Bharti Enterprises’ 4 commercial properties for ₹5,000 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/canadas-brookfield-to-buy-51-per-cent-stake-in-4-commercial-properties-of-bharti-enterprises-for-rs-5000-crore/article65280999.ece Worldmark Aerocity (Delhi), Worldmark 65, Airtel Center (Gurgaon) and Pavillion Mall (Ludhiana) have a total area of 3.3 million square feet New Delh,
*******The downside to trade settlement in rupees – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-downside-to-trade-settlement-in-rupees/article65651671.ece For this move to succeed, raising imports and exports and implementing major financial market reforms are vital The Reserve Bank of India’s recently
*Mid-size IT firms forced to move where talent is – small towns – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/with-resistance-to-getting-back-to-office-smaller-it-firms-set-up-centres-closer-to-employees-home-town/article65650266.ece With many refusing to exit the WfH mode hastening the move; Ramco Systems and Access Healthcare are setting up centres at Madurai, while
*Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-turns-generous-with-dividend-payouts-122071700431_1.html Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal Illustration: Ajay Mohanty Hindustan Zinc (HZL), a subsidiary of Vedanta, announced
*Rupee close to 80 per dollar: How RBI steps may help stabilise it | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/rupee-close-to-80-per-dollar-how-rbi-steps-may-help-stabilise-it-122071701043_1.html Over the past month, the RBI has also taken several steps to attract fresh overseas capital to Indian markets Illustration: Ajay Mohanty The rupee has
*Business Standard poll: The worst may soon be over for rupee, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/business-standard-poll-the-worst-may-soon-be-over-for-rupee-say-experts-122071700681_1.html Illustration: Ajay Mohanty The Indian currency, which has depreciated almost 7 per cent against the dollar in 2022, may not weaken much over
*Pay 5% GST on pre-packed, labelled food items, hospital rooms above ₹5,000 from Monday – The Hindu
lipped from: https://www.thehindu.com/business/pay-5-gst-on-pre-packed-labelled-food-items-hospital-rooms-above-5000-from-monday-july-18-2022/article65650139.ece?homepage=true Hotel rooms with tariff of up to ₹1,000/day, maps and charts, including atlases, will attract a 12% GST File photo for representation. Hotel
‘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
*****Hospital room rent to become costlier as GST applicable from July 18 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/hospital-room-rent-to-become-costlier-as-gst-applicable-from-july-18/articleshow/92898194.cms Synopsis The Goods and Services Tax (GST) council in its last meeting held on June 28-29, 2022, decided to expand the tax base
aniltikotekar4sme.com 