Day: March 6, 2024

https://www.thehindubusinessline.com/money-and-banking/rbi-directs-jm-financial-products-to-halt-financing-against-shares-and-debentures/article67917591.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-directs-jm-financial-products-to-halt-financing-against-shares-and-debentures/article67917591.ece The central bank came across certain serious deficiencies in respect of loans sanctioned by the NBFC for IPO financing as well as

https://www.financialexpress.com/money/income-tax-how-much-cash-can-you-legally-keep-at-home-in-india-3413115 Clipped from: https://www.financialexpress.com/money/income-tax-how-much-cash-can-you-legally-keep-at-home-in-india-3413115/ Is there any limit specified by the Income Tax Department for keeping cash at home or one can keep as much cash

https://www.financialexpress.com/opinion/dont-hyper-regulate-prior-govt-permission-to-launch-ai-based-models-is-uncalled-for-as-it-will-only-stifle-innovation/3414867 lipped from: https://www.financialexpress.com/opinion/dont-hyper-regulate-prior-govt-permission-to-launch-ai-based-models-is-uncalled-for-as-it-will-only-stifle-innovation/3414867/ But one had clearly expected better from the government as well. Also there is no answer to the question of what happens

https://www.business-standard.com/markets/news/broking-industry-adds-4-million-new-accounts-for-the-third-month-124030500900_1.html Clipped from: https://www.business-standard.com/markets/news/broking-industry-adds-4-million-new-accounts-for-the-third-month-124030500900_1.html Influx of new investors shows that more households are taking to direct investing Listen to This Article For the third month running,

https://www.business-standard.com/finance/personal-finance/salaried-but-have-sizeable-other-incomes-you-should-pay-advance-tax-124030501044_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/salaried-but-have-sizeable-other-incomes-you-should-pay-advance-tax-124030501044_1.html NRIs with income in India above Rs 10,000, post-TDS and tax treaty adjustments, must pay too Listen to This Article March 15

https://www.business-standard.com/finance/news/depositor-can-claim-a-refund-of-unclaimed-amounts-from-dea-fund-124030501072_1.html lipped from: https://www.business-standard.com/finance/news/depositor-can-claim-a-refund-of-unclaimed-amounts-from-dea-fund-124030501072_1.html However, if the deposit amount is above the insurance coverage of DICGC, then the liquidator can claim the amount only on a

https://www.business-standard.com/companies/news/mca-starts-comprehensive-review-of-auditing-standards-regulations-124030500829_1.html Clipped from: https://www.business-standard.com/companies/news/mca-starts-comprehensive-review-of-auditing-standards-regulations-124030500829_1.html MCA secretary Manoj Govil urged the corporate sector, including the CEOs and CFOs to improve upon the level of public trust within

https://www.business-standard.com/economy/news/nearly-2500-fraud-connections-being-cut-every-day-says-dot-official-124030501024_1.html Clipped from: https://www.business-standard.com/economy/news/nearly-2500-fraud-connections-being-cut-every-day-says-dot-official-124030501024_1.html DoT working on grievance redress portal Listen to This Article The Department of Telecommunications’ (DoTs’) Sanchar Sathi portal is discontinuing more than

https://www.business-standard.com/companies/news/paytm-pb-failed-to-use-mechanism-for-detecting-suspicious-transactions-fiu-124030500803_1.html Clipped from: https://www.business-standard.com/companies/news/paytm-pb-failed-to-use-mechanism-for-detecting-suspicious-transactions-fiu-124030500803_1.html The federal financial intelligence gathering and dissemination agency said in its March 1 order that these charges against the bank, a registered

https://www.business-standard.com/companies/news/taking-steps-to-meet-rbi-s-concern-iifl-fin-after-ban-on-giving-gold-loans-124030500479_1.html Clipped from: https://www.business-standard.com/companies/news/taking-steps-to-meet-rbi-s-concern-iifl-fin-after-ban-on-giving-gold-loans-124030500479_1.html Company has enough liquidity and there is no governance at play, says NBFC’s managing director Nirmal Jain, Chairman and CEO, IIFL Finance

https://www.business-standard.com/economy/news/rbi-bars-jm-financial-from-financing-against-debentures-and-shares-124030501144_1.html Clipped from: https://www.business-standard.com/economy/news/rbi-bars-jm-financial-from-financing-against-debentures-and-shares-124030501144_1.html Flags governance concerns; Order special audit Photo: Bloomberg Listen to This Article The Reserve Bank of India (RBI) on Tuesday prohibited JM

https://www.thehindubusinessline.com/money-and-banking/star-healths-total-number-of-claims-settled-exceeds-1-crore-mark/article67917336.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/star-healths-total-number-of-claims-settled-exceeds-1-crore-mark/article67917336.ece Mulls price hike for some of the products as medical inflation remains high Star Health and Allied Insurance Company Ltd. said though patients’

https://www.thehindubusinessline.com/brandhub/the-smart-road-ahead-connected-cars-and-ai-reshaping-car-insurance-dynamics/article67913720.ece Clipped from: https://www.thehindubusinessline.com/brandhub/the-smart-road-ahead-connected-cars-and-ai-reshaping-car-insurance-dynamics/article67913720.ece Our world is technologically much more advanced than before, and the automotive industry is undergoing a revolutionary transition with increasingly popular autonomous

https://www.thehindubusinessline.com/opinion/editorial/digital-markets-law-needed-to-curb-monopolistic-excesses/article67916872.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/digital-markets-law-needed-to-curb-monopolistic-excesses/article67916872.ece A law similar to the EU’s Digital Markets Act, which establishes a framework to curb the dominance of Big Tech companies, needs

https://www.thehindubusinessline.com/opinion/payments-bank-model-flawed-prone-to-risk/article67917965.ece Clipped from: https://www.thehindubusinessline.com/opinion/payments-bank-model-flawed-prone-to-risk/article67917965.ece With no mandate for lending, recovering the cost of deposits is a challenge. There is scope to park unaccounted wealth The recent

https://www.thehindubusinessline.com/money-and-banking/big-liquidity-surplus-prompts-rbi-to-soak-it-up-via-vrrr-auctions/article67917934.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/big-liquidity-surplus-prompts-rbi-to-soak-it-up-via-vrrr-auctions/article67917934.ece Short-term liquidity surplus stood at ₹1,62,347 crore as of March 4 against ₹65,620 crore on March 3, per RBI’s data With short-term

https://www.thehindubusinessline.com/money-and-banking/iifl-finance-to-appoint-external-assayer-to-assess-gold-quality/article67918007.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/iifl-finance-to-appoint-external-assayer-to-assess-gold-quality/article67918007.ece Search for new compliance officer underway IIFL Finance’s gold business is expected to undergo some massive changes in the coming months. As a

https://www.thehindubusinessline.com/economy/income-tax-dept-sets-april-30-deadline-for-unprocessed-returns-related-with-ay-2021-22/article67917411.ece Clipped from: https://www.thehindubusinessline.com/economy/income-tax-dept-sets-april-30-deadline-for-unprocessed-returns-related-with-ay-2021-22/article67917411.ece Scrutiny cases not to be covered Have you not received refunds for Assessment Year 2021-22 (Fiscal Year 2020-21) even after filed validly?