Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/joint-fd-accountholders-need-to-beware-of-either-or-survivor-clause/articleshow/96472486.cms Synopsis Despite RBI mandate, FD account holders face problems in premature withdrawal on death of joint holder. Rajat Dutta The author is Founder
Day: December 26, 2022
India may need some durable liquidity infusion: MPC member Ashima Goyal | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/india-may-need-some-durable-liquidity-infusion-mpc-member-ashima-goyal-122122600596_1.html In a Q&A, she says the majority opinion is that the country has handled the turbulence well and can do so again, though
RBI to migrate payments fraud reporting module to Daksh on January 1 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/reserve-bank-to-migrate-payments-fraud-reporting-module-to-daksh-122122600871_1.html Reporting on the existing Electronic Data Submission Portal (EDSP) to stop completely once migration happens The Reserve Bank of India (RBI) said on Monday that
Credit card spends fall for first time in 5 months – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-card-spends-fall-for-first-time-in-5-months/article66307748.ece Credit card spends had touched a peak of ₹1.29-lakh crore seen in October, as per data released by the Reserve Bank of India
China, India and Covid – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/china-india-and-covid/article66307941.ece India must be vigilant, but without panicking China’s Covid surge has the world worried | Photo Credit: NOEL CELIS A season of unhinged
Year of the depositor in 2023? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/year-of-the-depositor-in-2023/article66308050.ece Monetary moves. As banks gear up to fund rising credit appetite, depositors may benefit, as inflation risks recede Depositors are likely to benefit
Budget must rationalise, simplify taxation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/budget-must-rationalise-simplify-taxation/article66308108.ece There are five measures that the Budget can initiate to iron out the anomalies in the current tax regime A corporate-friendly tax regime
Income derived from Training Fee and related Course Material, not entitled to Deduction u/s.10B: ITAT
Clipped from: https://www.taxscan.in/income-derived-from-training-fee-and-related-course-material-not-entitled-to-deduction-u-s-10b-itat/238317/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Income%20derived By Yogitha S. Yogesh – On December 26, 2022 1:07 pm In a recent ruling, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has deleted the addition holding that the brokerage would not be treated as income unless it was actually received by the assessee*
Clipped from: https://www.taxscan.in/brokerage-not-part-of-income-unless-received-itat-deletes-income-tax-addition/237366/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Brokerage%20not By Fathima Karama AM – On December 25, 2022 10:08 am The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has deleted the addition holding that the
India-focused funds sitting on highest-ever unallocated corpus of $12.9 bn | Business Standard News*
Clipped from: https://www.business-standard.com/article/companies/india-focused-funds-sitting-on-highest-ever-unallocated-corpus-of-12-8-bn-122122500371_1.html But does this mean that 2023 could be different, given the unutilised capital? VCs focusing on India are holding unallocated funds, or dry
Uncertainty over implementing e-invoicing for businesses with turnover of more than ₹5 cr – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/economy/uncertainty-over-implementing-e-invoicing-for-businesses-with-turnover-of-more-than-5-crore/article66304260.ece Experts say time needed for preparation The Central Board of Indirect Taxes and Customs (CBIC) is yet to come out with a notification
रेडीरेकनरमुळे जमिनींचे भाव वाढणार? नवीन बदल काय आहेत?– लोकसत्ता***
lipped from: https://www.loksatta.com/explained/ready-reckoner-in-maharashtra-land-rates-real-estate-business-print-exp-pmw-88-3349735/ विश्लेषण: रेडीरेकनरमुळे जमिनींचे भाव वाढणार? नवीन बदल काय आहेत? रेडीरेकनर ठरविण्याच्या कार्यपद्धतीत बदल करण्यात येणार असल्याचे राज्याचे महसूल मंत्री राधाकृष्ण विखे पाटील यांनी
Nagpur engineering dropout became crorepati trader after meeting an astrologer – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/etmarkets-trade-talk-nagpur-engineering-dropout-became-crorepati-trader-after-meeting-an-astrologer/articleshow/96496005.cms Synopsis Harshubh Shah became a star trader by looking at the stars: “Financial astrology begins where technical analysis ends. This is one thing
Putin says Russia ready to negotiate over Ukraine – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/putin-says-russia-ready-to-negotiate-over-ukraine/articleshow/96495524.cms Synopsis “We are ready to negotiate with everyone involved about acceptable solutions, but that is up to them – we are not the
While India makes most of Russian oil price cap, the sanctions could backfire on the West*
While India makes most of Russian oil price cap, the sanctions could backfire on the West https://economictimes.indiatimes.com/industry/energy/oil-gas/while-india-makes-most-of-russian-oil-price-cap-the-sanctions-could-backfire-on-the-west/articleshow/96494067.cms Download Economic Times App to stay updated with
Is the government strategically manoeuvring the IBC? – The Economic Times*****
lipped from: https://economictimes.indiatimes.com/news/economy/policy/is-the-government-strategically-maneuvering-the-ibc/articleshow/96484199.cms Synopsis Strangely, post the announcement of Bad Bank, the National Company Law Tribunal (NCLT) benches have been staffed sub-optimally. Fewer judges have led
CBIC panel to dispose of pending pre-GST cases–***
CBIC panel to dispose of pending pre-GST cases https://economictimes.indiatimes.com/news/economy/policy/cbic-panel-to-dispose-of-pending-pre-gst-cases/articleshow/96464742.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21 The Central Board of
Economic indicators positive, but worries remain | Business Standard Column*
Clipped from: https://www.business-standard.com/article/opinion/economic-indicators-positive-but-worries-remain-122122500819_1.html The Russian invasion of Ukraine pushed up the prices of food, fuel, fertilizers, and other commodities India began this year with optimism and
Healthcare solutions in small packages – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/pulse/healthcare-solutions-in-small-packages/article66288439.ece Sachetisation of healthcare has far-fetched benefits when it comes to easy consumption and accessibility for masses The impact of Covid-19 in India, and
Genuineness and Creditworthiness of Creditor proven with Bank Statement and Other Evidence, Income Addition u/s 68 not allowable: ITAT*
Clipped from: https://www.taxscan.in/genuineness-and-creditworthiness-of-creditor-proven-with-bank-statement-and-other-evidence-income-addition-u-s-68-not-allowable-itat/237784/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=68 By Yogitha S. Yogesh – On December 25, 2022 8:01 am The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) has held that income addition under section
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