https://www.financialexpress.com/money/income-tax/tax-tds-on-cash-deposit-and-withdrawal-what-you-need-to-know/3130927/ Clipped from: https://www.financialexpress.com/money/income-tax/tax-tds-on-cash-deposit-and-withdrawal-what-you-need-to-know/3130927/ Income Tax rules for cash deposit and withdrawal:: According to Income Tax Act, some of the transactions are treated as specified financial
Month: June 2023
Three years of revised MSME definition: This many jobs reported by small businesses in India | The Financial Express
https://www.financialexpress.com/industry/sme/msme-skil-three-years-of-revised-msme-definition-this-many-jobs-reported-by-small-businesses-in-india/3131121/?ref=Must_Read Clipped from: https://www.financialexpress.com/industry/sme/msme-skil-three-years-of-revised-msme-definition-this-many-jobs-reported-by-small-businesses-in-india/3131121/?ref=Must_Read Skill, labour, talent for MSMEs: From the previous definition based solely on investment up to Rs 10 crore in plant and machinery,
👍👍👍👍👍RBI’s hygiene step to bring much-needed clarity to FLDG arrangements
https://www.business-standard.com/industry/banking/rbi-s-hygiene-step-to-bring-much-needed-clarity-to-fldg-arrangements-123061800690_1.html Clipped from: https://www.business-standard.com/industry/banking/rbi-s-hygiene-step-to-bring-much-needed-clarity-to-fldg-arrangements-123061800690_1.html Mint Road has pulled the plug on clever financial arrangements between regulated entities and fintechs, with stress on skin in the game
New TCS norms on credit card spends: More than a matter of exchange
https://www.business-standard.com/finance/news/new-tcs-norms-on-credit-card-spends-more-than-a-matter-of-exchange-123061800708_1.html lipped from: https://www.business-standard.com/finance/news/new-tcs-norms-on-credit-card-spends-more-than-a-matter-of-exchange-123061800708_1.html Money changers are miffed at the tax exemption for credit card forex spends of up to Rs 7 lakh a year under
Tailored framework for real estate insolvency resolution – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/tailored-framework-for-real-estate-insolvency-resolution/article66975997.ece Clipped from: https://www.thehindubusinessline.com/business-laws/tailored-framework-for-real-estate-insolvency-resolution/article66975997.ece A specialised resolution framework to address the complexities of the sector can ease up the process Due to rising costs and pandemic-induced
CIRP can be initiated against corporate guarantors – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/cirp-can-be-initiated-against-corporate-guarantors/article66980117.ece Clipped from: https://www.thehindubusinessline.com/business-laws/cirp-can-be-initiated-against-corporate-guarantors/article66980117.ece Insolvency proceedings can be initiated against corporate guarantors, NCLT, Chennai, said in the Coastal Energen insolvency case. Logistics Private was the guarantor
Social security to gig workers – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/social-security-to-gig-workers/article66965500.ece lipped from: https://www.thehindubusinessline.com/opinion/social-security-to-gig-workers/article66965500.ece Tweaks in govt schemes can improve their lot BENGALURU KARNATAKA 14/12/2022 : Gig workers employeed by Food delivery service platforms Zomato and
Indian ports, surging ahead – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/indian-ports-surging-ahead/article66969486.ece lipped from: https://www.thehindubusinessline.com/opinion/indian-ports-surging-ahead/article66969486.ece Government initiatives for port sector pays off The recently released World Bank’s Logistic Performance Index (LPI) Report 2023 has brought some encouraging
How to galvanise India’s exports – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/how-to-galvanise-indias-exports/article66969485.ece Clipped from: https://www.thehindubusinessline.com/opinion/how-to-galvanise-indias-exports/article66969485.ece The trade policy must focus on promoting products, rather than towns, that hold export potential The long-awaited new Foreign Trade Policy (FTP),
CBIC issues guidelines for strenghtening GST registration applications – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/cbic-issues-guidelines-for-strenghtening-gst-registration-applications/article66969083.ece Clipped from: https://www.thehindubusinessline.com/economy/cbic-issues-guidelines-for-strenghtening-gst-registration-applications/article66969083.ece The process for granting Goods and Services Tax (GST) registration will now be more stringent with a focus on ‘High Risk’ applicants.
👍👍👍👍👍Retrospective cancellation of supplier’s registration no ground to deny ITC benefit to recipient, says Kolkata HC – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/retrospective-cancellation-of-suppliers-registration-no-ground-to-deny-itc-benefit-to-recipient-says-kolkata-hc/article66968435.ece Clipped from: https://www.thehindubusinessline.com/economy/retrospective-cancellation-of-suppliers-registration-no-ground-to-deny-itc-benefit-to-recipient-says-kolkata-hc/article66968435.ece However, the buyer will have to probe the genuineness of the transaction In an important ruling, Kolkata High Court has held that
MSP should be used to signal desirable cropping shift – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/editorial-msp-should-be-used-to-signal-desirable-cropping-shift/article66964913.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-msp-should-be-used-to-signal-desirable-cropping-shift/article66964913.ece MSPs are often increased sharply for political gain, and this could compromise the goal of getting the crop mix right As is
Editorial. RBI strikes the right balance in fintech lending rules – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/editorial-rbi-strikes-the-right-balance-in-fintech-lending-rules/article66967913.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-rbi-strikes-the-right-balance-in-fintech-lending-rules/article66967913.ece The RBI has made fintech guarantees legal, but only to the extent of 5 per cent. This implies banks/NBFCs will exercise due
Central bank monetary actions could diverge in coming months – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/central-bank-monetary-actions-could-diverge-in-coming-months/article66977175.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/central-bank-monetary-actions-could-diverge-in-coming-months/article66977175.ece Each country is deciding on its policy rate action based on the growth-inflation dynamics within the country As the world faced the
MCA calls for Insolvency Professionals with high integrity and credibility to strengthen IBC – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/mca-calls-for-insolvency-professionals-with-high-integrity-and-credibility-to-strengthen-ibc/article66979348.ece Clipped from: https://www.thehindubusinessline.com/economy/mca-calls-for-insolvency-professionals-with-high-integrity-and-credibility-to-strengthen-ibc/article66979348.ece IIIPI sets up committee to proactively strengthen IPs to cope with challenges Insolvency Professionals (IPs) of the highest integrity and credibility are
Insurance Query: Comprehensive Health Cover – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-comprehensive-health-cover/article66971967.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-comprehensive-health-cover/article66971967.ece Employer-based insurance should be supplemented My husband and I work for multinational companies. We are both in our mid-30s, with a combined
Simply Put: Specified Financial Transactions – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/simply-put-specified-financial-transactions/article66975811.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/simply-put-specified-financial-transactions/article66975811.ece SFTs are shown in Form 26AS and Annual Information Statement Two friends met over lunch and ended up discussing ‘specified financial transactions’.
TCS, Infosys, and Wipro: The poor math behind some share buybacks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/the-poor-math-behind-some-share-buybacks/article66955217.ece?cx_testId=27&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EXEPURFQAOW6#cxrecs_s Unless done at cheaper value-accretive prices, those who do not participate in buybacks lose out In finance circles it is said: “Buybacks are
Insurance Samadhan: Is it value for money? – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-samadhan-is-it-value-for-money/article66976314.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-samadhan-is-it-value-for-money/article66976314.ece Mis-selling, claim rejection and other chinks in insurance are addressed with the application Most insurance portals or apps are maintained by insurers
Finance Act 2023: Impact of TCS Amendments on Remittances under Liberalised Remittance Scheme (LRS) – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/finance-act-2023-tcs-lrs-remittances-impact/article66949443.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/finance-act-2023-tcs-lrs-remittances-impact/article66949443.ece A look at how the change in regulation with respect to tax collected at source for remittances, made under the Liberalised Remittance