https://www.thehindubusinessline.com/economy/policy/finmin-notifies-scheme-to-deploy-100-joint-commissioner-level-officers-to-dispose-small-it-appeals/article66911823.ece Clipped from: https://www.thehindubusinessline.com/economy/policy/finmin-notifies-scheme-to-deploy-100-joint-commissioner-level-officers-to-dispose-small-it-appeals/article66911823.ece The scheme establishes the role of Joint Commissioner of Income-tax (Appeals) to handle small appeals and certain orders In order to reduce
Day: May 30, 2023
RBI sure of India’s growth, but stresses on reforms sustaining – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/rbi-sure-of-indias-growth-but-stresses-on-reforms-sustaining/article66911062.ece Clipped from: https://www.thehindubusinessline.com/economy/rbi-sure-of-indias-growth-but-stresses-on-reforms-sustaining/article66911062.ece Central bank sees FY24 GDP growth at 6.5%; flags uninspiring global outlook India’s growth momentum is likely to be sustained in 2023-24
If banks are into window dressing, RBI should act
https://www.thehindubusinessline.com/opinion/editorial/editorial-if-banks-are-into-window-dressing-rbi-should-act/article66908447.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-if-banks-are-into-window-dressing-rbi-should-act/article66908447.ece If banks are using methods such as entering into structured deals with a stressed borrower to conceal the bad loan, the RBI
Organs, tissue for transplantation can be carried by metro now
https://www.thehindubusinessline.com/news/organs-tissue-for-transplantation-can-be-carried-by-metro-now/article66910684.ece Clipped from: https://www.thehindubusinessline.com/news/organs-tissue-for-transplantation-can-be-carried-by-metro-now/article66910684.ece The Metro Railways (Carriage and Ticket) Rules, 2014, have been amended to allow transportation of human organs or tissues or both for
e-Rupee yet to take off in a big way – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/e-rupee-yet-to-take-off-in-a-big-way/article66911436.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/e-rupee-yet-to-take-off-in-a-big-way/article66911436.ece Total e-Re in circulation stood at ₹16.39 crore in FY23 After five months since the launch of central bank digital currency –
RBI plans new payment system to tackle disruption
https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-plans-new-payment-system-to-safeguard-essential-payments-against-digital-attack-natural-calamities/articleshow/100616716.cms Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-plans-new-payment-system-to-safeguard-essential-payments-against-digital-attack-natural-calamities/articleshow/100616716.cms Synopsis In its annual report 2023-23, RBI has mentioned conceptualising this new lightweight and portable payment system that can be operated from
ONDC set to launch an Academy to train network partners
https://www.thehindubusinessline.com/economy/ondc-set-to-launch-an-academy-to-train-network-partners/article66881271.ece lipped from: https://www.thehindubusinessline.com/economy/ondc-set-to-launch-an-academy-to-train-network-partners/article66881271.ece The course modules are being designed by the internal team, which is who are currently handholding network participants to get onboard ONDC
Denial of ITC on inter-state transfer of duty-free goods unfair
https://www.business-standard.com/industry/sme/chatroom-denial-of-itc-on-inter-state-transfer-of-duty-free-goods-unfair-123052900519_1.html?code=NTM4OTU9MTIzMDUyOTAwNTE5 Clipped from: https://www.business-standard.com/industry/sme/chatroom-denial-of-itc-on-inter-state-transfer-of-duty-free-goods-unfair-123052900519_1.html?code=NTM4OTU9MTIzMDUyOTAwNTE5 ‘The testing requirement will apply for exports to all countries, without exception’ Photo: Bloomberg Listen to This Article Q. We want to
FinMin urges PSBs to settle small debt defaults by taking haircuts
https://www.business-standard.com/economy/news/finmin-encourages-psbs-to-settle-small-debt-defaults-by-taking-haircuts-123052900830_1.html Clipped from: https://www.business-standard.com/economy/news/finmin-encourages-psbs-to-settle-small-debt-defaults-by-taking-haircuts-123052900830_1.html Says this would enable in reduction of pending cases at DRTs and enhance recovery for banks The delay in the disposal of
Bank credit to MSMEs jump 14% YoY in Apr-Dec FY23; micro units major beneficiaries: RBI annual report | The Financial Express
https://www.financialexpress.com/industry/sme/msme-fin-bank-credit-to-msmes-jump-14-yoy-in-apr-dec-fy23-micro-units-major-beneficiaries-rbi-annual-report/3107472/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-bank-credit-to-msmes-jump-14-yoy-in-apr-dec-fy23-micro-units-major-beneficiaries-rbi-annual-report/3107472/ Credit and finance for MSMEs: 45 per cent of the total loan amount to MSMEs in FY23 (till December) was deployed to
Officer drains 2.1 mn lt water to retrieve iPhone; suspended, asked to pay
https://www.business-standard.com/india-news/officer-drains-2-1-mn-water-to-retrieve-iphone-suspended-asked-to-pay-123053000438_1.html Clipped from: https://www.business-standard.com/india-news/officer-drains-2-1-mn-water-to-retrieve-iphone-suspended-asked-to-pay-123053000438_1.html In Chhattisgarh’s Kanker district, a food inspector, Rajesh Vishwas drained a reservoir over three days to retrieve his iPhone, causing much controversy
Sebi, industry officials seek common ground as differences on UPSI arise
https://www.business-standard.com/markets/news/insider-trading-sebi-compliance-officials-search-for-common-ground-on-upsi-123053000535_1.html Clipped from: https://www.business-standard.com/markets/news/insider-trading-sebi-compliance-officials-search-for-common-ground-on-upsi-123053000535_1.html Industry officials say linking non price-sensitive information with material events will bring compliance burden and confusion Listen to This Article India Inc
aniltikotekar4sme.com 