https://www.business-standard.com/industry/news/mca-revises-thresholds-for-mergers-and-amalgamation-under-competition-act-124030800590_1.html Clipped from: https://www.business-standard.com/industry/news/mca-revises-thresholds-for-mergers-and-amalgamation-under-competition-act-124030800590_1.html Merger transactions with acquisition targets having assets under Rs 450 cr or turnover below Rs 1,250 cr are exempt from CCI approval
Day: March 8, 2024
Working women surpass men in life insurance policy ownership: Survey | Insurance – Business Standard
https://www.business-standard.com/finance/insurance/working-women-surpass-men-in-life-insurance-policy-ownership-survey-124030800677_1.html Clipped from: https://www.business-standard.com/finance/insurance/working-women-surpass-men-in-life-insurance-policy-ownership-survey-124030800677_1.html However, homemaker women lag, with only 18 per cent having term insurance, indicating the need for targeted interventions to financially protect such
Real GDP growth to moderate to 7% and 6.8% in FY25 and FY26, respectively: UBS – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/real-gdp-growth-to-moderate-to-7-and-68-in-fy25-and-fy26-respectively-ubs/article67928509.ece Clipped from: https://www.thehindubusinessline.com/economy/real-gdp-growth-to-moderate-to-7-and-68-in-fy25-and-fy26-respectively-ubs/article67928509.ece Sector-wise, some moderation is expected in investment-led growth due to lower public capex The growth momentum of the first three quarters of
Interest rates on small saving schemes to remain unchanged in April-June quarter – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/interest-rates-on-small-saving-schemes-to-remain-unchanged-in-april-june-quarter/article67928970.ece Clipped from: https://www.thehindubusinessline.com/economy/interest-rates-on-small-saving-schemes-to-remain-unchanged-in-april-june-quarter/article67928970.ece The government resets the interest rate at the beginning of every quarter The Finance Ministry on Friday said there will be no
IT Dept expands list of payments received by IFSC units for TDS relaxation – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/it-dept-expands-list-of-payments-received-by-ifsc-units-for-tds-relaxation/article67929210.ece Clipped from: https://www.thehindubusinessline.com/economy/it-dept-expands-list-of-payments-received-by-ifsc-units-for-tds-relaxation/article67929210.ece The new norm will come into effect from April 1 The Income Tax Department has exempted receipts by 14 types of units,
👍👍👍👍👍Mere listing of demand on e-filing portal not valid service of notice: ITAT Delhi
https://taxguru.in/income-tax/listing-demand-e-filing-portal-valid-service-notice-itat-delhi.html Clipped from: https://taxguru.in/income-tax/listing-demand-e-filing-portal-valid-service-notice-itat-delhi.html Sony India Pvt Ltd Vs DCIT (ITAT Delhi) Delhi ITAT Rules in Favor of Sony India Pvt Ltd in Interest Charge Dispute
👍👍👍👍👍Delhi HC Modifies date of Retrospective GST Registration Cancellation
https://taxguru.in/goods-and-service-tax/delhi-hc-modifies-date-retrospective-gst-registration-cancellation.html Clipped from: https://taxguru.in/goods-and-service-tax/delhi-hc-modifies-date-retrospective-gst-registration-cancellation.html Shibendra Narayan Guha Vs Commissioner of GST & Anr (Delhi High Court) In a significant ruling, the Delhi High Court has modified
👍👍👍👍👍Non-Filing of Returns not Mandate Retrospective GST Registration Cancellation
https://taxguru.in/goods-and-service-tax/non-filing-returns-mandate-retrospective-gst-registration-cancellation.html Clipped from: https://taxguru.in/goods-and-service-tax/non-filing-returns-mandate-retrospective-gst-registration-cancellation.html Laxmi Jain Vs Principal Commissioner of Delhi Goods And Services Tax & Anr. (Delhi High Court) In a recent case, Laxmi Jain
👍👍👍👍👍HC directs GST registration cancellation from Show Cause Notice date
https://taxguru.in/goods-and-service-tax/hc-directs-gst-registration-cancellation-show-cause-notice-date.html Clipped from: https://taxguru.in/goods-and-service-tax/hc-directs-gst-registration-cancellation-show-cause-notice-date.html Himanshu Goyal Proprietor of M/s Raj And Co Vs Principal Commissioner State GST. Delhi And Anr (Delhi High Court) Introduction: In a significant
GST Section 74 proceedings not sustainable if tax & interest settled before SCN issuance
https://taxguru.in/goods-and-service-tax/gst-section-74-proceedings-sustainable-tax-interest-settled-scn-issuance.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-section-74-proceedings-sustainable-tax-interest-settled-scn-issuance.html Rays Power Infra Private Limited Vs Superintendent of Central Tax (Telangana HC) Introduction: In a landmark decision, the Telangana High Court addressed a
Sebi bars JM Financial from acting as lead manager of debt issue | Investment – Business Standard
https://www.business-standard.com/finance/investment/sebi-bars-jm-financial-from-acting-as-lead-manager-for-public-debt-issue-124030701087_1.html Clipped from: https://www.business-standard.com/finance/investment/sebi-bars-jm-financial-from-acting-as-lead-manager-for-public-debt-issue-124030701087_1.html Shares of JM Financial tanked by 20 per cent following the RBI order on Wednesday. Later, the stock recouped the bulk of
Rs 820 crore Uco bank scam: CBI conducts second round of searches | Company News – Business Standard
https://www.business-standard.com/companies/news/cbi-conducts-searches-at-67-locations-in-raj-maha-in-uco-bank-imps-scam-124030700564_1.html Clipped from: https://www.business-standard.com/companies/news/cbi-conducts-searches-at-67-locations-in-raj-maha-in-uco-bank-imps-scam-124030700564_1.html The CBI has filed the FIR against Avishek Srivastava and Supriya Mallick, Support Engineers in the Mangaluru-based LCode Technologies, it said “Due
“Cashless everywhere”, ease of hospitalisation initiative, runs into hiccups – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/cashless-everywhere-ease-of-hospitalisation-initiative-runs-into-hiccups/article67925119.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/cashless-everywhere-ease-of-hospitalisation-initiative-runs-into-hiccups/article67925119.ece Doctors have pointed to difficulties in aligning products and procedure rates with that outlined for reimbursement by health insurance companies, leading to
RBI’s VRR auction sees huge demand amid liquidity fluctuation – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbis-vrr-auction-sees-huge-demand-amid-liquidity-fluctuation/article67925493.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-vrr-auction-sees-huge-demand-amid-liquidity-fluctuation/article67925493.ece At the VRR auction on Thursday, the RBI received bids from banks aggregating ₹1,43,063 crore to draw funds against the notified amount
RBI warns banks against activating unsolicited credit cards, mandates consent before issuance – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-warns-against-activating-unsolicited-credit-cards-mandates-consent-before-issuance/article67925578.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-warns-against-activating-unsolicited-credit-cards-mandates-consent-before-issuance/article67925578.ece RBI issues FAQs on Master Direction: Credit Card and Debit Card Card issuers are prohibited from issuing unsolicited credit cards and are
RBI’s VRR auction sees huge demand amid liquidity fluctuation – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbis-vrr-auction-sees-huge-demand-amid-liquidity-fluctuation/article67925493.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-vrr-auction-sees-huge-demand-amid-liquidity-fluctuation/article67925493.ece At the VRR auction on Thursday, the RBI received bids from banks aggregating ₹1,43,063 crore to draw funds against the notified amount
SEBI bars JM Financial from acting as lead manager to new public debt issues – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/sebi-bars-jm-financial-from-acting-as-lead-manager-to-new-public-debt-issues/article67925542.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sebi-bars-jm-financial-from-acting-as-lead-manager-to-new-public-debt-issues/article67925542.ece JM Financial will have 21 days to file its reply Two days after the Reserve Bank of India asked JM Financial Products to
RBI warns banks against activating unsolicited credit cards, mandates consent before issuance – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-warns-against-activating-unsolicited-credit-cards-mandates-consent-before-issuance/article67925578.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-warns-against-activating-unsolicited-credit-cards-mandates-consent-before-issuance/article67925578.ece RBI issues FAQs on Master Direction: Credit Card and Debit Card Card issuers are prohibited from issuing unsolicited credit cards and are
Delhi High Court issues contempt notice to Go First RP – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/delhi-high-court-issues-contempt-notice-to-go-first-rp/article67925567.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/delhi-high-court-issues-contempt-notice-to-go-first-rp/article67925567.ece Go First shut operations last May. While it awaits revival, the airline’s lessors are locked in litigation on issues such as non
‘AI is a monster wave,’ Girish Mathrubootham – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/ai-is-a-monster-wave-girish-mathrubootham/article67925553.ece Clipped from: https://www.thehindubusinessline.com/info-tech/ai-is-a-monster-wave-girish-mathrubootham/article67925553.ece AI is a threat, but also provides great opportunity for the SaaS ecosystem, he said Artificial Intelligence (AI) is a big threat