Day: December 20, 2022
trade receivable: How trade receivable is different from trade factoring – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/how-trade-receivable-is-different-from-trade-factoring/articleshow/96360686.cms Synopsis Trade finance assists both importers and exporters in developing trust in their dealings with one another, thereby facilitating trade. The Micro, Small,
byjus debt: ‘Loss after loss’: Parents detail how Byju’s pushed them into debt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/loss-after-loss-parents-say-byjus-pushed-them-into-debt/articleshow/96222272.cms Synopsis Byju’s is facing a range of complaints on social media platforms and consumer websites from customers who say they were exploited and
NRI Investments in real estate and the rising dollar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/nri-investments-in-real-estate-and-the-rising-dollar/articleshow/96372765.cms Synopsis NRIs today are investing in the luxury home segment because it suits their lifestyle, and provides them a safe haven by yielding
GST reforms will work for India–Courtesy Deccan Chronicle
Clipped from: https://www.deccanchronicle.com/opinion/dc-comment/191222/dc-edit-gst-reforms-will-work-for-india.html The decision to not impose or levy any new additional taxes, or bring any hitherto untaxed goods or services under the ambit is
Repairs and Maintenance Expenditure in Rented Showroom and Workshop amounts to Revenue Expenditure, can allow Disallowance u/s 30 (a ) (i): ITAT
Clipped from: https://www.taxscan.in/repairs-and-maintenance-expenditure-in-rented-showroom-and-workshop-amounts-to-revenue-expenditure-can-allow-disallowance-u-s-30a-i-itat/235710/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Repairs%20and%20Maintenance By Yogitha S. Yogesh – On December 20, 2022 10:17 am The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has held that repairs and maintenance expenditure
Addition u/s 68 based on Cash Deposit not allowable in the Absence of Corroborative Evidence: ITAT
Clipped from: https://www.taxscan.in/addition-u-s-68-based-on-cash-deposit-not-allowable-in-the-absence-of-corroborative-evidence-itat/235716/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Addition%20u/s%2068 By Yogitha S. Yogesh – On December 20, 2022 10:44 am The Pune bench of the Income Tax Appellate Tribunal(ITAT) has held that addition under section 68 of the
Cyber attacks on healthcare sector rising – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/cyber-attacks-on-healthcare-sector-rising/article66278678.ece Patient data cannot be compromised. Multiple layers of security must be put in place The cyber attack on the All India Institute of
GSTN can resolve MSME payment woes – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/opinion/gstn-can-resolve-msme-payment-woes/article66282618.ece MSMEs are unable to act against large firms not paying up on time. The GST software can be used here Inter-firm or trade
The trade balance | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-trade-balance-122121901239_1.html Containing imports will not help One of the big economic policy challenges this year has been the management of the external sector. Higher
Google has trained 40,000 people in cybersecurity so far: Vice President | Business Standard News
lipped from: https://www.business-standard.com/article/technology/google-has-trained-40-000-people-in-cybersecurity-so-far-vice-president-122121900399_1.html The firm has committed to upskill 100,000 people, says Royal Hansen, adding that India was very similar to the US and Europe in
Unemployment rate rising in December | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/unemployment-rate-rising-in-december-122121900882_1.html The unemployment rate was over 8% in all three weeks that ended in December The unemployment rate is rising in India. It was
Liquidity slips into deficit; RBI cash injections at over one-month high | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/liquidity-slips-into-deficit-rbi-cash-injections-at-over-one-month-high-122121900837_1.html Tax outflows drive tightness; banks face pressure to raise deposit rates Liquidity in the banking system has slipped into a deficit for the first
Gadkari wants surety bond insurance, not bank guarantee for infra projects | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gadkari-wants-surety-bond-insurance-not-bank-guarantee-for-infra-projects-122121901200_1.html Launches country’s first surety bond product, says instrument offers relief to contractors; govt has built in safeguards to protect insurers as well More
Fintech app UpScale launches e-invoicing solution for SMEs | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-fintech-app-upscale-launches-e-invoicing-solution-for-smes/2919872/ Credit and finance for MSMEs: Nirav Choksi, Co-founder, and CEO at CredAble said the e-invoicing solution provides one-of-a-kind solutions to assist them (SMEs) in
Rising rates may pose risk to MSME loan portfolio | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/rising-rates-may-pose-risk-to-msme-loan-portfolio/2920015/ These comments come when a recent report from CRISIL Ratings indicated that around 43% of MSMEs would be unable to return to their
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