Clipped from: https://www.thehindu.com/business/Economy/explained-why-has-the-reserve-bank-of-india-introduced-an-e-rupee/article66223993.ece What are central bank digital currencies? Are central banks introducing digital currencies to counter the influence of cryptocurrencies? Will such a move increase
Day: December 9, 2022
Order passed without considering objection filed by petitioner against Notice u/s 148A(b) not valid: Calcutta HC
Clipped from: https://www.taxscan.in/order-passed-without-considering-objection-filed-by-petitioner-against-notice-u-s-148ab-not-valid-calcutta-hc/231671/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Order%20passed By Yogitha S. Yogesh – On December 7, 2022 11:25 am In its recent order, the Calcutta High Court (HC) has held that the order passed
Review of SLR holdings in HTM category–TAXGURU
Clipped from: https://taxguru.in/rbi/review-slr-holdings-htm-category.html Reserve Bank of India RBI/2022-23/150DOR.MRG.REC.89/21.04.141/2022-23 December 8, 2022 Review of SLR holdings in HTM category Please refer to paragraph 1 of Statement on Development
Tackling inflation with accommodation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/tackling-inflation-with-accommodation/articleshow/96064910.cms Synopsis Exchange rate intervention has delivered an appreciation of the rupee in real effective terms between April and October. India has been through
China’s carrot, sticky for global economy? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/chinas-carrot-sticky-for-global-economy/articleshow/96093161.cms Synopsis China’s revival comes at a cost to other emerging economies that have gained from a dispersal of capital flows. Foreign investment has
A trade wave that wasn’t? What a 16.7% plunge in October export numbers mean – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/a-trade-wave-that-wasnt-what-a-16-7-plunge-in-october-export-numbers-mean/articleshow/96100819.cms SynopsisAfter record highs that surpassed export targets in the previous financial year, exports plunged to a low of $29.8 billion in October. What
From zero to Rs 60k crore in a decade: Through SME IPOs, small businesses are raising big money – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/from-zero-to-rs-60k-crore-in-a-decade-through-sme-ipos-small-businesses-are-raising-big-money/articleshow/96074273.cms SynopsisThough the world is seeing multiple turmoil, some of India’s small businesses remain undeterred about taking the plunge into the listing pool. October
More Indians may queue up for US EB-5 visas as tech layoffs spread – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/tech-layoffs-likely-to-increase-demand-for-eb-5-investor-program-in-us/articleshow/96088849.cms Synopsis “This surge is being driven by multiple factors, including a feature in the new EB-5 law that allows Indians to file for
India wants to be China’s alternative, but it needs to address a major lacuna – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/india-wants-to-be-chinas-alternative-but-it-needs-to-address-a-major-lacuna/articleshow/96104077.cms Synopsis Manufacturing currently forms 16% of India’s GDP and Pandey implored the need to increase it to around 25% in the coming years.
Why Korea is changing its system for calculating age–Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-global/south-korea-to-change-its-system-for-calculating-age-explained-8315601/ While similar methods of calculating age existed in China, Japan, North Korea, Vietnam, etc., gradually, all the countries moved to the international system.
Weak signals from Bharat | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/weak-signals-from-bharat/2906906/ It will take a while for rural finances to recover from their fragile state Reserve Bank of India (RBI) Governor Shaktikanta Das Reserve
Income Tax Return: Regular filers getting intimation with pending status for not filing ITR yet | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-regular-filers-getting-intimation-with-pending-status-for-not-filing-itr-yet/2906667/ Filing of ITR is necessary for a person having an annual income of over Rs 2.5 lakh (the exemption limit is Rs 3
Tax Talk – TDS on perks: Further clarity needed despite CBDT circular | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-tds-on-perks-further-clarity-needed-despite-cbdt-circular/2906818/ Several practical challenges in applying Section 194R remain With the objective to identify and tax such benefits, the Finance Bill 2022 introduced Section
Automobile retail sales soar to record high in November: FADA – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/automobile-retail-sales-soar-to-record-high-in-november-fada/article66242109.ece The sales were aided by robust registrations across segments including passenger vehicles, two-wheelers and commercial vehicles Automobile retail sales in India clocked best-ever
Snapdeal to shelve $152 million IPO amid tech stocks rout – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/snapdeal-to-shelve-152-million-ipo-amid-tech-stocks-rout/article66241859.ece The withdrawal comes as many Indian startups have delayed IPOs; Snapdeal may reconsider going public at a later stage SoftBank-backed Indian e-commerce firm
Rate hike understandable, but growth is a concern – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/time-to-taper/article66234886.ece Interest rates should not choke off investment, just as inflation should not throttle consumption. The Reserve Bank of India (RBI) Governor Shaktikanta Das
Govt to launch first surety bonds for road contractors on December 19 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/nitin-gadkari-announces-maiden-surety-bonds-for-road-contractors-122120800969_1.html Will provide relief to contractors, free working capital stuck in bank guarantees, says Gadkari The road transport and highways ministry will launch the
Layoffs deemed illegal if not carried as per Industrial Disputes Act: Yadav | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/layoffs-deemed-illegal-if-not-carried-as-per-industrial-disputes-act-yadav-122120800970_1.html Amid reports of mass layoffs, Labour and Employment Minister Bhupender Yadav said any retrenchment and layoffs are illegal if not carried out as
With jobs no longer secure, career cushioning is taking centre stage | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/with-jobs-no-longer-secure-career-cushioning-is-taking-centre-stage-122120801030_1.html Professionals and students striving to make themselves future-ready, future-proof Closing in on his 40s, business development and sales professional Jignasu Panchal is taking
The end of Covid Zero | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-end-of-covid-zero-122120801526_1.html The world, and India, must prepare for a possible China wave Following unexpectedly intense, if not widespread, protests against its “Covid Zero” policy,
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