https://www.business-standard.com/economy/news/chief-executives-of-shadow-banks-urge-rbi-for-accepting-public-deposit-123090300471_1.html Clipped from: https://www.business-standard.com/economy/news/chief-executives-of-shadow-banks-urge-rbi-for-accepting-public-deposit-123090300471_1.html Number deposit taking NBFCs fell sharply in last 8 years Representative Image Listen to This Article Chief executives of non-banking financial companies
Month: September 2023
Potential for Indian IT sector stocks likely to see some rerating
https://www.business-standard.com/markets/stock-market-news/potential-for-indian-it-sector-stocks-likely-to-see-some-re-rating-123090401141_1.html Clipped from: https://www.business-standard.com/markets/stock-market-news/potential-for-indian-it-sector-stocks-likely-to-see-some-re-rating-123090401141_1.html Much of the bad news seems priced in, and a gradual recovery in US tech spending could happen from Q2 Representative Image
Around 500,000 taxpayers get I-T department alert for low advance tax
https://www.business-standard.com/economy/news/300k-500k-get-i-t-department-intimation-for-zero-or-lower-advance-tax-123090401275_1.html Clipped from: https://www.business-standard.com/economy/news/300k-500k-get-i-t-department-intimation-for-zero-or-lower-advance-tax-123090401275_1.html ‘Intimation’ comes ahead of tax payment due date Listen to This Article The income tax (I-T) department issued intimations to an estimated
CBDC can fix cross-border payment problems: RBI Governor Shaktikanta Das
https://www.business-standard.com/finance/news/cross-border-payments-continue-to-be-high-cost-low-speed-rbi-governor-123090401058_1.html lipped from: https://www.business-standard.com/finance/news/cross-border-payments-continue-to-be-high-cost-low-speed-rbi-governor-123090401058_1.html RBI governor flags issues of high cost, low speed, limited access RBI Governor Shaktikanta Das at the G20 TechSprint Finale organised by
👍👍👍👍👍The fine print to today’s inflation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/the-fineprint-to-todays-inflation/article67270833.ece Clipped from: https://www.thehindubusinessline.com/opinion/the-fineprint-to-todays-inflation/article67270833.ece Food-price-driven inflation is striking because it has occurred in a period of comfortable levels of production As news broke that the monsoon
Burden Lies on Assessee to Prove that his Case Falls under Exemption Notification: CESTAT confirms Service Tax Demand on Restaurant Service
Read More: https://www.taxscan.in/burden-lies-on-assessee-to-prove-that-his-case-falls-under-exemption-notification-cestat-confirms-service-tax-demand-on-restaurant-service/317458/ Clipped from: https://www.taxscan.in/burden-lies-on-assessee-to-prove-that-his-case-falls-under-exemption-notification-cestat-confirms-service-tax-demand-on-restaurant-service/317458/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Burden%20Lies%20on%20Assessee%20to%20Prove%20that%20his%20Case%20Falls%20under%20Exemption%20Notification:%20CESTAT%20confirms%20Service%20Tax%20Demand%20on%20Restaurant%20Service The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), confirmed service tax demand on restaurant service and observed
Judging economic performance is tricky – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/judging-economic-performance-is-tricky/article67076749.ece Clipped from: https://www.thehindubusinessline.com/opinion/judging-economic-performance-is-tricky/article67076749.ece If you look at employment, India is in a crisis but not if you look at inflation. In the US, it’s the
Data Protection Bill gives state sweeping powers – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/data-protection-bill-gives-state-sweeping-powers/article67076973.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/data-protection-bill-gives-state-sweeping-powers/article67076973.ece Various provisions of the Bill have been left ambiguous too Six years after the Supreme Court upheld privacy as a fundamental right,
DGFT issues notice regarding to extend Pre and Post shipment Export Credit and Packing Credit Loan in Foreign Currency for E-Commerce Exports
Read More: https://www.taxscan.in/dgft-issues-notice-regarding-to-extend-pre-and-post-shipment-export-credit-and-packing-credit-loan-in-foreign-currency-for-e-commerce-exports/317558/ Clipped from: https://www.taxscan.in/dgft-issues-notice-regarding-to-extend-pre-and-post-shipment-export-credit-and-packing-credit-loan-in-foreign-currency-for-e-commerce-exports/317558/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=DGFT%20issues%20notice%20regarding%20to%20extend%20Pre%20and%20Post%20shipment%20Export%20Credit%20and%20Packing%20Credit%20Loan%20in%20Foreign%20Currency%20for%20E-Commerce%20Exports The Directorate General of Foreign Trade (DGFT), vide Trade Notice no. 26/2023 issued extension of Pre Shipment and Post Shipment Export
👍👍👍👍👍PayNearby, Grameen Foundation partner to upskill 1.5 lakh business correspondents in rural areas | The Financial Express
https://www.financialexpress.com/business/sme-paynearby-grameen-foundation-partner-to-upskill-1-5-lakh-women-in-rural-areas-as-business-correspondents-3232193/ Clipped from: https://www.financialexpress.com/business/sme-paynearby-grameen-foundation-partner-to-upskill-1-5-lakh-women-in-rural-areas-as-business-correspondents-3232193/ The collaboration will launch a two-year pan-India project ‘Scaling Agent Viability and Quality in India’ supported by the Bill and Melinda Gates
Gold purchase in wife’s name: Will you have to pay tax on income from its sale in future? | The Financial Express
https://www.financialexpress.com/money/income-tax-gold-purchase-in-wifes-name-will-you-be-liable-to-pay-tax-on-its-sale-in-future-3232382/ Clipped from: https://www.financialexpress.com/money/income-tax-gold-purchase-in-wifes-name-will-you-be-liable-to-pay-tax-on-its-sale-in-future-3232382/ Taxation of Gold purchased in wife’s name: Selling an asset at a price higher than the price at the time of purchase
Data protection and a regulatory crossroads
https://www.business-standard.com/opinion/columns/data-protection-and-a-regulatory-crossroads-123082401260_1.html Clipped from: https://www.business-standard.com/opinion/columns/data-protection-and-a-regulatory-crossroads-123082401260_1.html It is not clear whether the proposed Data Protection Board is a repudiation of India’s recent regulatory experience or an improvement on
India’s economy 16.5 years behind China’s, says Bernstein research report
https://www.business-standard.com/economy/news/overall-india-is-at-a-median-16-5-years-behind-china-economically-123090300495_1.html Clipped from: https://www.business-standard.com/economy/news/overall-india-is-at-a-median-16-5-years-behind-china-economically-123090300495_1.html According to International Monetary Fund (IMF) estimates, India should move into fourth place by 2025 and third by 2027 with an economy
The M&M-RBL Bank saga
https://www.business-standard.com/opinion/columns/the-m-m-rbl-bank-saga-123090300566_1.html Clipped from: https://www.business-standard.com/opinion/columns/the-m-m-rbl-bank-saga-123090300566_1.html Why M&M has invested in RBL Bank and what does the bank look like Photo: Bloomberg A little over a decade ago,
Brics enlargement in hope of getting heard
https://www.business-standard.com/opinion/columns/brics-enlargement-in-hope-of-getting-heard-123090300929_1.html Clipped from: https://www.business-standard.com/opinion/columns/brics-enlargement-in-hope-of-getting-heard-123090300929_1.html The Brics leaders opposed trade barriers, including those under the pretext of tackling climate change, imposed by certain developed countries and reiterated
Confident of meeting fiscal deficit, nominal GDP targets: DEA secy
https://www.business-standard.com/economy/news/govt-confident-of-achieving-nominal-gdp-growth-targets-in-fy24-dea-secy-123090300737_1.html Clipped from: https://www.business-standard.com/economy/news/govt-confident-of-achieving-nominal-gdp-growth-targets-in-fy24-dea-secy-123090300737_1.html Govt keeping a close watch on some sectors for supply side measures to tame inflation Listen to This Article The government is
G20 Leaders’ Summit: Laptop import curbs may be a talking point for Biden
https://www.business-standard.com/india-news/g20-biden-may-discuss-issue-of-india-s-curbs-on-laptops-pcs-with-pm-modi-123090300464_1.html Clipped from: https://www.business-standard.com/india-news/g20-biden-may-discuss-issue-of-india-s-curbs-on-laptops-pcs-with-pm-modi-123090300464_1.html Biden will be in India from September 7 to 10, and his bilateral meeting with Modi is scheduled for the second day