Chief executives of shadow banks urge RBI to allow public deposits

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

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

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

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

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

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

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