Day: August 11, 2023
There are no failed founders, only failed ventures
https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/there-are-no-failed-founders-only-failed-ventures/article67138320.ece Vaitheeswaran K Almost 99 per cent of start-ups fail. This is how hard it is to be an entrepreneur. So, what does success look
Virtual Property. Social media profiles as personal assets
https://www.thehindubusinessline.com/business-laws/social-media-profiles-as-personal-assets/article67131888.ece With the increasing integration of social media in our daily lives, our online presence has become an extension of our identities. So, many argue
What happens if you miss the tax deadline(s) Section 234:
https://www.thehindubusinessline.com/portfolio/personal-finance/section-234-what-happens-if-you-miss-the-tax-deadlines/article67102569.ece Bhadra and Anu catch up over a cup of coffee and an interesting conversation follows: Anu: I am getting constant messages to file ITR and
👍👍👍👍👍👍👍‘De-dollarisation’ pact with UAE, a good step
https://www.thehindubusinessline.com/opinion/editorial/de-dollarisation-pact-with-uae-a-good-step/article67102013.ece The Russia-Ukraine war and the resulting disruption in international trade settlement seem to have prodded the Centre to reduce dependence on the US dollar
👍👍👍👍👍👍👍Re internationalisation is not easy to achieve
https://www.thehindubusinessline.com/opinion/re-internationalisation-is-not-easy-to-achieve/article67102589.ece If a group of countries decide to conduct business with one another in their currencies, then an optimal solution can be achieved. But the
Less hawkish Fed is good news for India
https://www.thehindubusinessline.com/opinion/editorial/less-hawkish-fed-is-good-news-for-india/article67128052.ece The action of the Federal Reserve Open Market Committee in its July meeting was along expected lines, with the committee hiking the Fed funds
Inflation concerns: Rather than alarm the markets, RBI has opted to alert them
https://www.financialexpress.com/opinion/inflation-concerns-rather-than-alarm-the-markets-rbi-has-opted-to-alert-them/3206934/ This would help mop up about Rs 1 trillion from the system and is aimed at absorbing the excess liquidity created by the return
Why I am not getting Income Tax Refund after filing ITR much before the Due Date? I-T Dept replies
https://www.financialexpress.com/money/income-tax/why-i-am-not-getting-income-tax-refund-after-filing-itr-much-before-the-due-date-i-t-dept-replies/3207579/ Data suggests that some taxpayers may be facing delays in refunds as more than 2 crore returns are yet to be processed. Further, some
Banks cautious on lending to small businesses despite high demand, lower NPAs:
https://www.financialexpress.com/industry/sme/banks-cautious-on-lending-to-small-businesses-despite-high-demand-lower-npas-report/3207726/ Demand for loans from MSMEs grew 33 per cent in the January-March period of the previous fiscal (Q4, FY23) compared to the year-ago period,
👍👍👍👍👍MPC does a tightrope walk
https://www.thehindubusinessline.com/opinion/mpc-does-a-tightrope-walk/article67183713.ece Another pause by the MPC is no sign that the peak policy rate is here BY HIMADRI BHATTACHARYA The stance of the policy was also
Excise Duty Cannot be Demanded Merely based on difference in Sales Figures between Balance sheet and Excise Returns: CESTAT
Read More: https://www.taxscan.in/excise-duty-cannot-be-demanded-merely-based-on-difference-in-sales-figures-between-balance-sheet-and-excise-returns-cestat/308968/ The Bench held that the mere difference between the balance sheet and excise returns was not enough to demand the excise duty. Read
A watchful pause–Editorial in Business Standard
https://www.business-standard.com/opinion/editorial/a-watchful-pause-123081000954_1.html the revised inflation projection warrants a discussion on the sufficiency of monetary policy action taken so far. The MPC’s revised projection indicates that the
MPC is right in deciding to look through recent spikes in food prices–Editorial in BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/mpc-is-right-in-deciding-to-look-through-recent-spikes-in-food-prices/article67180571.ece Excerpts Interest rates may not rise sharply from here, nor will they decline anytime soon. This is the key message from the Reserve Bank
MPC’s pragmatic course–Editorial BusinessLine
https://www.thehindubusinessline.com/opinion/mpcs-pragmatic-course/article67181243.ece excerpts The MPC decision comes across as a pragmatic one that avoids knee-jerk reaction to the current bout of surging retail inflation. However, the