Clipped from: https://www.thehindubusinessline.com/opinion/monetary-policy-is-starting-to-bite/article66255998.ece The move towards a higher growth trajectory has weakened, thanks to rising lending rates During the period May-December 2022, the Monetary Policy Committee
Month: December 2022
Memoirs of an economic savant | Business Standard Column*******
Clipped from: https://www.business-standard.com/article/opinion/memoirs-of-an-economic-savant-122121201294_1.html C Rangarajan’s book is a superb record of the economic history of the initial years of reform Back in 2006, the good Drs
Digital lending apps: RBI received 13,000 complaints against banks, NBFCs | Business Standard News*****
Clipped from: https://www.business-standard.com/article/finance/digital-lending-apps-rbi-received-13-000-complaints-against-banks-nbfcs-122121200895_1.html The grievances, filed under RBI’s integrated ombudsman scheme of 2021 between April 2021 and Nov 2022, also cite harassment by recovery agents The Reserve
File tax return by Dec 31 if you haven’t yet, to avoid notice and penalty | Business Standard News*****
Clipped from: https://www.business-standard.com/article/pf/taxpayers-should-file-belated-return-by-dec-31-to-avoid-notice-penalty-122121200921_1.html Meeting that deadline will allow you to claim refund on excess tax deducted Taxpayers who missed the July 31, 2022 deadline for filing their
Rupee Strong Against All Currencies, RBI Infusions Added Muscle: FM – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/epaper/delhicapital/2022/dec/13/et-brands/rupee-strong-against-all-currencies-rbi-infusions-added-muscle-fm/articleshow/96181701.cms Synopsis Finance minister Nirmala Sitharaman Monday asserted that the Indian rupee has remained strong against every currency and that the Reserve Bank had
Stop freebie economics | The Financial Express*
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-nearly-8000-msmes-shut-in-fy23-so-far-govt-data/2910458/ Ease of doing business for MSMEs: The number of MSMEs recording a decline in their turnover compared to the previous financial year and
Nearly 8,000 MSMEs shut in FY23 so far: Govt data | The Financial Express*
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-nearly-8000-msmes-shut-in-fy23-so-far-govt-data/2910458/ Ease of doing business for MSMEs: The number of MSMEs recording a decline in their turnover compared to the previous financial year and
Legal Verification for Home Loan: How it works, benefits, importance – All you need to know | The Financial Express*
Clipped from: https://www.financialexpress.com/money/legal-verification-for-home-loan-how-it-works-benefits-importance-all-you-need-to-know/2908909/ Legal verification is the process of confirming that all the documents related to the home loan are in order and that there are
How to file ITR online among the biggest searches in 2022! Know how it’s done | The Financial Express*
lipped from: https://www.financialexpress.com/money/income-tax/how-to-file-itr-online-among-the-biggest-searches-in-2022-know-how-its-done/2909450/ ‘How to file ITR online’ was one of the biggest searches in 2022, according to Google’s ‘Year in Search 2022’ report. Know how
Dark side of daydreaming: How the compulsive fantasy disorder interferes with people’s ability to function in daily life – The Economic Times
Clipped from: https://economictimes.indiatimes.com/magazines/panache/dark-side-of-daydreaming-how-the-compulsive-fantasy-disorder-interferes-with-peoples-ability-to-function-in-daily-life/articleshow/96171560.cms Synopsis Maladaptive daydreaming differs from typical daydreaming in several ways. Despite what we are often taught to believe, daydreaming can be immensely useful. Not only
Unstress the stressed, for less bankaches – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/unstress-the-stressed-for-less-bankaches/articleshow/96180293.cms Synopsis Scrapping the waiting period will help in faster debt aggregation, given that the same borrower is classified differently by different lenders, depending
Customs Act, 1962: The past, present and the future – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/customs-act-1962-the-past-present-and-the-future/articleshow/96180514.cms Synopsis Over the years, domestic legal jurisprudence has also evolved, with courts evaluating the provisions of the Customs Act on the touchstone of
Exporters seek fewer loans on signs of slowing global trade – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exporters-seek-fewer-loans-on-signs-of-slowing-global-trade/articleshow/96180875.cms Synopsis Exports contracted in October after a gap of 19 months. Merchandise exports slipped below the level of $30 billion for the first
Russia offers India leasing and building of huge capacity ships – The Economic Times*
lipped from: https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/russia-offers-india-leasing-and-building-of-huge-capacity-ships/articleshow/96180667.cms Synopsis The offer was extended during a meeting between Russian Deputy PM and former energy minister Alexander Novak and Indian envoy to Russia
GST Applicable on Deduction made on Employees’ Salary for Canteen Facility: AAR*
Clipped from: https://www.taxscan.in/gst-applicable-on-deduction-made-on-employees-salary-for-canteen-facility-aar/233308/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GST%20Applicable By Fathima Karama AM – On December 12, 2022 7:11 pm The Authority for Advance Ruling (AAR) Karnataka has ruled that the GST would be applicable on the
Got change? Why digital cash needs to feel real – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-got-change-why-digital-cash-needs-to-feel-real/articleshow/96159986.cms Synopsis Spreading cash among consumers and collecting notes from businesses is a labor-intensive activity that doesn’t sit well with Japan’s shrinking workforce. In
New norms put brakes on EV firms, battery companies – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/tech/technology/new-norms-put-brakes-on-ev-firms-battery-companies/articleshow/96154863.cms Synopsis The Ministry of Road Transport and Highways recently amended the AIS156 norms, a stringent testing and certification standard, to ensure better safety
TDS on Rentals: Section 194I, Section 194IB and Section 194IC*
Clipped from: https://taxguru.in/income-tax/tds-rentals-section-194i-section-194ib-section-194ic.html Section 194I : Any person excluding Individual and HUF (However if they have 1 Cr. Turnover in case of Business and 50 Lacs in
Creating a pool of medical specialists – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/specials/pulse/creating-a-pool-of-medical-specialists/article66178001.ece India’s 13 lakh doctors (10 lakh practising) translate to a ratio of 1 active MBBS doctor for every 1,343 people. According to the
Rupee fall: The costs far outweigh the benefits – The Hindu BusinessLine*****
lipped from: https://www.thehindubusinessline.com/opinion/rupee-fall-the-costs-far-outweigh-the-benefits/article66252503.ece The RBI must anchor inflationary expectations to shore up the rupee The RBI is faced with a triple whammy of low economic growth,
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