Clipped from: https://www.business-standard.com/article/economy-policy/capex-is-the-route-to-economic-revival-says-fm-nirmala-sitharaman-122070200024_1.html In an exclusive interview with BS, Sitharaman says spend on capital assets may work better than sector-specific fiscal steps Union Finance Minister Nirmala
Month: July 2022
*How the RBI unconventionally innovated policy to fight the pandemic-Soumya Kanti Ghosh writes:-INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/how-the-bank-held-its-own-8002098/ Soumya Kanti Ghosh writes: It did not get fixated on a one-point agenda, daring to look beyond the inflation print, focussing on economic
*The biggest problem is our dependence on imported energy, which is 4% of our GDP’ | Express Exclusive News,The Indian Express
Clipped from: https://indianexpress.com/article/express-exclusive/explained-live-neelkanth-mishra-interview-the-biggest-problem-is-our-dependence-on-imported-energy-which-is-4pc-of-our-gdp-8005728/ Neelkanth Mishra, Co-head of Asia Pacific Strategy, India Equity Strategist with Credit Suisse and part-time member of the PM’s Economic Advisory Council, unpacks
*Why do small businesses need insurance urgently? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/why-do-small-businesses-need-insurance-urgently/articleshow/92611894.cms Synopsis Lack of awareness, coupled with thin margins, makes insurance a low priority, and business owners often neglect insurances the law does not
indian stocks: FIIs dump Indian stocks worth Rs 50,000 crore in June. Is the worse ahead? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fiis-dump-indian-stocks-worth-rs-50000-crore-in-june-is-the-worse-ahead/articleshow/92610891.cms Synopsis The relentless FPI selling has to be seen in the context of steadily rising dollar and bond yields in the US, Vijayakumar
*A tax comes of age: Five years since rollout, areas where GST needs retouch and improvement – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/a-tax-comes-of-age-five-years-since-rollout-areas-where-gst-needs-retouch-and-improvement/articleshow/92623697.cms Synopsis There have been hits — a total digitisation of tax compliance infra and e-invoicing, robust revenue collection, and near-consensus decision despite a
*Reset mode: The Hindu Editorial on GST reform – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/reset-mode-the-hindu-editorial-on-gst-reform/article65590048.ece?homepage=true As GST turns five, its metamorphosis into a truly Good and Simple Tax needs greater Centre-States dialogue As GST turns five, its metamorphosis
*TN AAR says GST to be levied on employees’ share of canteen charges – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/tn-aar-says-gst-to-be-levied-on-employees-share-of-canteen-charges/article65592349.ece ‘The supply of food by the applicant is ‘Supply of Service’ by the applicant to their employees as the same is not a
Tax Query: How to make a family trust? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-how-to-make-a-family-trust/article65560360.ece Income earned by the Trust in the nature of interest and dividend income would be taxable Myself and my wife are tax assessees.
Sixty companies exit the billion dollar m-cap club – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/sixty-companies-exit-the-billion-dollar-m-cap-club/article65593310.ece Up to 70% stock correction from the peak in October 2021 and a plummeting rupee have led to a double whammy It’s not
*An inevitable decision: Duty hikes on oil are a practical move in the face of a tough external environment | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/an-inevitable-decision-duty-hikes-on-oil-are-a-practical-move-in-the-face-of-a-tough-external-environment/2579974/?ref=Must_Read One could also argue such out-of-turn revisions in duties are generally undesirable in the interest of tax structure stability. One could also argue
*Taming twin deficit: Tax imposed on fuel exports, levy on crude doubled | The Financial Express
Clipped from: https://www.financialexpress.com/economy/taming-twin-deficit-tax-imposed-on-fuel-exports-levy-on-crude-doubled/2579454/?ref=Must_Read The Indian rupee hit a new all-time low of 79 against the dollar on Friday, amid unabated FPI outflows from equities and a
Taxpayers face issues accessing e-filing portal; Infosys taking measures, says IT dept | The Financial Express
lipped from: https://www.financialexpress.com/money/income-tax/taxpayers-face-issues-accessing-e-filing-portal-infosys-taking-measures-says-it-dept/2580625/ “It has been noticed that taxpayers are facing issues in accessing ITD e-filing portal. As informed by @Infosys, they have observed some irregular
MHA amends FCRA rules, allows relatives living abroad to send up to Rs 10 lakh to Indians without restrictions – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/mha-amends-fcra-rules-allows-relatives-living-abroad-to-send-up-to-rs-10-lakh-to-indians-without-restrictions/articleshow/92621155.cms Synopsis Similarly, making changes in rule 9, which deals with application of obtaining ‘registration’ or ‘prior permission’ under the FCRA to receive funds,
Indiscreet Show-Cause Notices issued by Service Tax Authorities–TAXGURU
Clipped from: https://taxguru.in/service-tax/indiscreet-show-cause-notices-issued-service-tax-authorities.html Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes & Customs)CX & ST WingRoom No. 263E, North Block,New Delhi, Dated :
Asian Paints stock hits 52-week low. 2 things bothering investors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/asian-paints-stock-hits-52-week-low-2-things-bothering-investors/articleshow/92200502.cms Synopsis On each of these occasions, Asian Paints and Berger Paints have held onto their gross margins and their operating margins because of
Is the economy out of the woods? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-the-economy-out-of-the-woods/article65543531.ece The all-pervasive influence of energy on the economy and the low-income trap could restrict the growth momentum The 8.7 per cent growth in
Do we need to worry about fat finger trade? | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-do-we-need-to-worry-about-fat-finger-trade/2565762/ Even though fat finger mistakes create chaos in the market within a fraction of seconds, the market and the market players are resilient
GST Rate Changes: GST: Rate changes and relief – The Economic Times
GST Rate Changes: GST: Rate changes and relief – The Economic Times https://economictimes.indiatimes.com/news/economy/policy/gst-rate-changes-and-relief/articleshow/92555756.cmsThe 47th GST Council meeting addressed the inverted duty structure and removed several
*Passing stress test | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/indian-banking-rbi-report-loans-capital-assets-8004073/ New RBI report says asset quality, capital position of banking system continues to improve. That’s something to build on Data presented in the
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