https://www.business-standard.com/finance/personal-finance/handling-complaints-costs-rbi-rs-144-cr-here-s-state-wise-breakdown-124031300618_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/handling-complaints-costs-rbi-rs-144-cr-here-s-state-wise-breakdown-124031300618_1.html The total cost of handling complaints across ORBIO’s offices in India, including those in Ahmedabad and Raipur, amounted to Rs 143.56 crore
Month: March 2024
Retail inflation dropped a tad to 4-month low of 5.09% in Feb – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/retail-inflation-dropped-a-tad-to-4-months-low-of-509-in-feb/article67943469.ece Clipped from: https://www.thehindubusinessline.com/economy/retail-inflation-dropped-a-tad-to-4-months-low-of-509-in-feb/article67943469.ece Core inflation declined to 3.34 per cent in February, lowest in 2012 base series Decline in energy prices negated a rise in
👍👍👍👍👍RBI’s role in financial innovation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/rbis-role-in-financial-innovation/article67943823.ece Clipped from: https://www.thehindubusinessline.com/opinion/rbis-role-in-financial-innovation/article67943823.ece Resolving the conflict between public and private good is vital. RBI must clarify fintechs’ concerns The recent clampdown by RBI on a
👍👍👍👍👍Editorial. EFTA-India trade deal tentative in scope – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/efta-india-trade-deal-tentative-in-scope/article67942059.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/efta-india-trade-deal-tentative-in-scope/article67942059.ece An investment of $100 billion from the capital-rich EFTA nations has been promised in 15 years External Affairs Minister S Jaishankar with
Google collaborates with ECI to enable voters to discover critical voting information – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/national/google-collaborates-with-eci-to-enable-voters-to-discover-critical-voting-information/article67943769.ece Clipped from: https://www.thehindubusinessline.com/news/national/google-collaborates-with-eci-to-enable-voters-to-discover-critical-voting-information/article67943769.ece Also in separate initiatives decides to support Project Shakti to ensure accurate information; To soon require labelling on YouTube Synthetic Content too
MSP is losing relevance – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/msp-is-losing-relevance/article67942481.ece Clipped from: https://www.thehindubusinessline.com/opinion/msp-is-losing-relevance/article67942481.ece MSP has hardly resulted in any tangible production growth, crop diversification or remunerative rates to growers The Minimum Support Price (MSP) regime
Non-housing portfolios of HFCs seen growing faster than home loans – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/non-housing-portfolios-of-hfcs-seen-growing-faster-than-home-loans/article67943814.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/non-housing-portfolios-of-hfcs-seen-growing-faster-than-home-loans/article67943814.ece Trend led by stabilisation of home loan growth due to higher interest rates Non-housing portfolios of housing finance companies (HFCs) are seen
Industrial growth slowed to 3.8% in January – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/industrial-growth-slowed-to-38-in-january/article67943591.ece Clipped from: https://www.thehindubusinessline.com/economy/industrial-growth-slowed-to-38-in-january/article67943591.ece Manufacturing slowed down industrial growth in January as headline number based on Index of Industrial Production (IIP) slipped to 3.8 per cent
👍👍👍RBI unveils draft guidelines on climate-related financial disclosures – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-draft-guidelines-on-climate-related-financial-disclosures/article67946469.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-draft-guidelines-on-climate-related-financial-disclosures/article67946469.ece The guidelines require comprehensive disclosures aligned with the global TCFD framework On February 28, the Reserve Bank of India (RBI unveiled draft
👍👍👍Total of 22,217 electoral bonds purchased from Apr 1, 2019 to Feb 15, 2024: SBI to SC – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/national/total-of-22217-electoral-bonds-purchased-from-apr-1-2019-to-feb-15-2024-sbi-to-sc/article67946532.ece Clipped from: https://www.thehindubusinessline.com/news/national/total-of-22217-electoral-bonds-purchased-from-apr-1-2019-to-feb-15-2024-sbi-to-sc/article67946532.ece The Supreme Court directed the Election Commission to publish the details shared by SBI on its official website by 5 pm on
👍👍👍👍👍👍👍KYC rules to change: Uniform KYC for all — opening bank account to buying insurance to investing in stocks, mutual funds – CAalley.com
https://caalley.com/new-update/indian-news-listings/kyc-rules-to-change-uniform-kyc-for-all-opening-bank-account-to-buying-insurance-to-investing-in-stocks-mutual-funds Clipped from: https://caalley.com/new-update/indian-news-listings/kyc-rules-to-change-uniform-kyc-for-all-opening-bank-account-to-buying-insurance-to-investing-in-stocks-mutual-funds KYC rules to change: Mar 13, 2024 SynopsisIn its recent meetings, FSDC, chaired by Finance Minister Nirmala Sitharaman, proposed to bring uniform
👍👍👍👍FIR registered against housing society’s chairman, secretary after retired IG’s son, grandson had a ‘narrow escape’ in a faulty elevator | Mumbai News – The Indian Express
Clipped from: https://indianexpress.com/article/cities/mumbai/fir-registered-against-housing-societys-chairman-secretary-after-retired-igs-son-grandson-had-a-narrow-escape-in-a-faulty-elevator-9208645/ As per the FIR, on Sunday afternoon, 67-year-old Shinde’s son Ajinkya, 37, and grandson Aryavrat, 3, were going out. They took a small
👍👍👍👍👍Deduction u/s 80 P of Income Tax Act does not apply to interest earned on FDRs from Bank of Baroda: ITAT
lipped from: https://www.taxscan.in/deduction-u-s-80-p-of-income-tax-act-does-not-apply-to-interest-earned-on-fdrs-from-bank-of-baroda-itat-read-order/372699/ The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) observed that deduction under Section 80 P of the Income Tax Act, 1961
👍👍👍👍👍👍👍Interest Income received from Co-operative Banks cannot be equated with interest received from Co-operative Society: ITAT not allowed deduction u/s 80P (2) (d) of Income Tax Act
Clipped from: https://www.taxscan.in/interest-income-received-from-co-operative-banks-cannot-be-equated-with-interest-received-from-co-operative-society-itat-not-allowed-deduction-u-s-80p-2-d-of-income-tax-act-read-order/373691/ ITAT disallowed deduction under Section 80P (2)(d) of the Income Tax Act, 1961, stating that interest income received from cooperative banks cannot be
👍👍👍👍👍Interest Income Derived by Co-operative Society from any other Co-operative Bank allowable as Deduction u/s 80P(2)(d): ITAT
Clipped from: https://www.taxscan.in/interest-income-derived-by-co-operative-society-from-any-other-co-operative-bank-allowable-as-deduction-u-s-80p2d-itat-read-order/373308/ In a recent judgement, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that interest income derived by a co-operative
👍👍👍👍👍Denial of deduction claimed u/s 80P(2)(d) of IT Act regard to interest received from Co-Operative Banks /Scheduled Banks : ITAT Directs Readjudication
Clipped from: https://www.taxscan.in/denial-of-deduction-claimed-u-s-80p2d-of-it-act-regard-to-interest-received-from-co-operative-banks-scheduled-banks-itat-directs-re-adjudication-read-order/373205/ The Bangalore bench of Income Tax Appellate Tribunal ( ITAT ) directed re adjudication upon the denial of deduction claimed under Section 80(2)(d) of the
👍👍👍👍👍Tax Auditor-Recent Onerous Responsibility
https://taxguru.in/income-tax/tax-auditor-recent-onerous-responsibility.html Clipped from: https://taxguru.in/income-tax/tax-auditor-recent-onerous-responsibility.html Abhinarayan Mishra FCA, FCS, IP, RV 11 Mar 2024 60 Views 0 comment Print Income Tax | Articles The Central Board of Direct Tax, apex direct tax policy body
Daughter-In-Law Cannot Seek Maintenance From Parents-In-Law: Karnataka HC
https://taxguru.in/corporate-law/daughter-in-law-seek-maintenance-parents-in-law-karnataka-hc.html Clipped from: https://taxguru.in/corporate-law/daughter-in-law-seek-maintenance-parents-in-law-karnataka-hc.html Sanjeev Sirohi 12 Mar 2024 0 comment Print Corporate Law | Articles Introduction: In a groundbreaking judgment, the Dharwad Bench of Karnataka High Court clarified the legal stance on
👍👍👍👍👍👍👍Ease or Cease of Doing Business : Are GST Registration Queries a Growing Concern, Need Govt Intervention?
Clipped from: https://www.taxscan.in/ease-or-cease-of-doing-business-are-gst-registration-queries-a-growing-concern-need-govt-intervention/382523/ In every tax system, registration stands as the cornerstone for identifying taxpayers and ensuring compliance with tax regulations within the economy. Under the
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