Month: June 2023
Inflation is slowing down personal consumption expenditure: RBI Bulletin – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/inflation-is-slowing-down-personal-consumption-expenditure-rbi-bulletin/article67002651.ece https://www.thehindubusinessline.com/economy/inflation-is-slowing-down-personal-consumption-expenditure-rbi-bulletin/article67002651.ece Recent national accounts data and corporate results when read in conjunction clearly show that inflation is slowing down personal consumption…
As expected inflation falls, it is important that real repo rate does not rise too high: MPC Member Goyal – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/as-expected-inflation-falls-it-is-important-that-real-repo-rate-does-not-rise-too-high-mpc-member-goyal/article67001219.ece https://www.thehindubusinessline.com/economy/as-expected-inflation-falls-it-is-important-that-real-repo-rate-does-not-rise-too-high-mpc-member-goyal/article67001219.eceThe quick succession of repo rate raise raises has brought the real rate to near equilibrium levels, which has prevented over-heating as well…
India’s oil payment woes with Russia – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/indias-oil-payment-woes-with-russia/article67002736.ece India’s oil payment woes with Russia – The Hindu BusinessLine https://www.thehindubusinessline.com/opinion/indias-oil-payment-woes-with-russia/article67002736.ece The rupee-rouble trade hasn’t taken off. India needs to work on a Plan
clipped from: https://www.thehindubusinessline.com/opinion/editorial/pms-us-visit-brings-trade-tech-and-soft-gains/article67001866.ece
Micron Technologies investment, GE’s tech transfer deal with HAL and H-1B visa rules are the big takeaways Prime Minister Narendra Modi flanked by US First
Simply Put: Boardroom Conflict – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/simply-put-boardroom-conflict/article67005008.ece lipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/simply-put-boardroom-conflict/article67005008.ece Here is why you must take note and analyse when there are untimely and multiple boardroom exits Two friends following the theatrics
I see generative AI as a helper, regulation is needed: Salesforce India CEO
https://www.business-standard.com/companies/interviews/i-see-generative-ai-as-a-helper-regulation-is-needed-salesforce-india-ceo-123062500528_1.html Clipped from: https://www.business-standard.com/companies/interviews/i-see-generative-ai-as-a-helper-regulation-is-needed-salesforce-india-ceo-123062500528_1.html ‘Generative AI allows you to pose the query, not in any particular computer language, but in your own language’ Arundhati Bhattacharya, Chairperson
Under scanner: Insurance companies likely to soon face GST audits
https://www.business-standard.com/economy/news/insurance-firms-to-face-gst-audit-tax-authorities-to-check-irregularities-123062200993_1.html lipped from: https://www.business-standard.com/economy/news/insurance-firms-to-face-gst-audit-tax-authorities-to-check-irregularities-123062200993_1.html Any mismatch in information across documents could raise a red flag Photo: Shutterstock Listen to This Article Insurance companies may soon face
👍👍👍👍👍👍👍Tax implications of income earned from shares, mutual funds
https://www.business-standard.com/finance/personal-finance/explained-tax-implications-of-income-earned-from-shares-mutual-funds-123062600125_1.html lipped from: https://www.business-standard.com/finance/personal-finance/explained-tax-implications-of-income-earned-from-shares-mutual-funds-123062600125_1.html The tax implications of income earned from shares, mutual funds and ETFs (Exchange Traded Funds) largely depend on the type of investment,
Infosys inks $454 mn deal with Danske Bank; to acquire its India IT centre
https://www.business-standard.com/companies/news/infosys-danske-bank-deal-infosys-inks-454-mn-deal-with-danske-bank-to-acquire-its-india-it-centre-123062600166_1.html Clipped from: https://www.business-standard.com/companies/news/infosys-danske-bank-deal-infosys-inks-454-mn-deal-with-danske-bank-to-acquire-its-india-it-centre-123062600166_1.html The deal is estimated at $454 million for a period of 5 years with an option to renew for one additional year
👍ICICI Securities board to meet on June 29 to consider delisting shares – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/icici-securities-board-to-meet-on-june-29-to-consider-delisting-shares/article67010473.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/icici-securities-board-to-meet-on-june-29-to-consider-delisting-shares/article67010473.ece The board’s decision comes after shares of ICICI Securities surged 8.9 per cent intraday on Friday to a high of Rs 572.70
👍👍👍👍👍ITAT allows section 80P deduction on Interest Income of Coop Society on Surplus Fund deposits
https://taxguru.in/income-tax/itat-allows-section-80p-deduction-interest-income-coop-society-surplus-fund-deposits.html https://taxguru.in/income-tax/itat-allows-section-80p-deduction-interest-income-coop-society-surplus-fund-deposits.html An in-depth analysis of the Income Tax Appellate Tribunal (ITAT) Pune’s decision allowing cooperative societies to claim a tax deduction for…
Madras HC on recovery of ITC from Buyer without initiating any action against seller
https://taxguru.in/goods-and-service-tax/madras-hc-recovery-itc-buyer-initiating-action-seller.html https://taxguru.in/goods-and-service-tax/madras-hc-recovery-itc-buyer-initiating-action-seller.htmlD.Y. Beathel Enterprises Vs State Tax Officer (Madras High Court) The petitioners in this case are registered dealers with Nagercoil Assessment…
👍👍👍👍👍CBDC: A calibrated approach needed – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/cbdc-a-calibrated-approach-needed/article67008975.ece Clipped from: https://www.thehindubusinessline.com/opinion/cbdc-a-calibrated-approach-needed/article67008975.ece The Bank for International Settlements has advocated that an enabling legal framework is essential before issuance of Central Bank Digital Currency and
👍👍👍👍👍Win-win for US-India trade – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/win-win-for-us-india-trade/article67008994.ece Clipped from: https://www.thehindubusinessline.com/opinion/win-win-for-us-india-trade/article67008994.ece Make in India initiative is set to get a boost, thanks to both countries striking many business deals and resolving to end
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