https://www.thehindubusinessline.com/opinion/banks-must-adopt-ind-as/article68247522.ece Clipped from: https://www.thehindubusinessline.com/opinion/banks-must-adopt-ind-as/article68247522.ece With banks doing well, it’s the right time to transition ‘Banked the unbanked’. ‘Funded the unfunded’. ‘Samudra Manthan of Banks’. ‘Pillars of
Day: June 5, 2024
SEBI plans to raise basic service demat limit five-fold to ₹10 lakh – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/sebi-plans-to-raise-basic-service-demat-limit-five-fold-to-10-lakh/article68255350.ece Clipped from: https://www.thehindubusinessline.com/markets/sebi-plans-to-raise-basic-service-demat-limit-five-fold-to-10-lakh/article68255350.ece The regulator is also reviewing the account maintenance charges for BSDA and the services provided through it The SEBI on Wednesday proposed
👍👍👍Rupee to rely on RBI’s help amid foreign outflows post PM Modi’s narrow win | Finance News – Business Standard
https://www.business-standard.com/finance/news/rupee-to-rely-on-rbi-s-help-amid-foreign-outflows-post-pm-modi-s-narrow-win-124060500183_1.html Clipped from: https://www.business-standard.com/finance/news/rupee-to-rely-on-rbi-s-help-amid-foreign-outflows-post-pm-modi-s-narrow-win-124060500183_1.html Non-deliverable forwards indicate the rupee will open largely unchanged from 83.53 in the previous session (Photo: Reuters) Listen to This Article The
👍👍👍RBI expected to hold rates on Friday as economic growth stays robust | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-expected-to-hold-rates-on-friday-as-economic-growth-stays-robust-124060500471_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-expected-to-hold-rates-on-friday-as-economic-growth-stays-robust-124060500471_1.html The MPC last changed rates in February 2023, when the policy rate was hiked to 6.5% Reserve Bank of India(Photo: Reuters) Listen
👍👍👍👍👍Restrictions on cash transaction: Know details before making any payment | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/restrictions-on-cash-transaction-know-details-before-making-any-payment-124060500529_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/restrictions-on-cash-transaction-know-details-before-making-any-payment-124060500529_1.html The government’s intention is to curb black money, promote digital transactions, and ensure tax compliance Imaging: Ajay Mohanty Listen to This Article
👍👍👍China may impose similar regulations for WeChat as India’s UPI rules | World News – Business Standard
https://www.business-standard.com/world-news/china-may-impose-similar-regulations-for-wechat-as-india-s-upi-rules-124060500623_1.html Clipped from: https://www.business-standard.com/world-news/china-may-impose-similar-regulations-for-wechat-as-india-s-upi-rules-124060500623_1.html Google Pay, PhonePe, and Paytm controls over 90 per cent of UPI transaction volume and value in India Digital payment platforms in
👍👍👍👍👍GST: Provisional attachment must be on a genuine apprehension that taxpayer may evade liabilities
https://taxguru.in/goods-and-service-tax/gst-provisional-attachment-genuine-apprehension-taxpayer-evade-liabilities.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-provisional-attachment-genuine-apprehension-taxpayer-evade-liabilities.html Patil Construction & Infrastructure Ltd. Vs Commissioner of State Tax & Ors. (Bombay High Court) Bombay High Court held before powers under
Flipkart users may soon get food deliveries via ONDC – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/flipkart-users-may-soon-get-food-deliveries-via-ondc/article68251420.ece Clipped from: https://www.thehindubusinessline.com/companies/flipkart-users-may-soon-get-food-deliveries-via-ondc/article68251420.ece It could mean that users may soon be able to order from a wide range of restaurants and fast-food outlets The government-backed Open
Turning to the Budget – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/turning-to-the-budget/article68252312.ece Clipped from: https://www.thehindubusinessline.com/opinion/turning-to-the-budget/article68252312.ece Focus must be on incentivising savings via tax route An immediate market response to the election result can be gauged by how
‘Rising incomes, changing food preferences to fuel India’s demand for grains, proteins’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/agri-business/rising-incomes-changing-food-preferences-to-fuel-indias-demand-for-grains-proteins/article68251384.ece Clipped from: https://www.thehindubusinessline.com/economy/agri-business/rising-incomes-changing-food-preferences-to-fuel-indias-demand-for-grains-proteins/article68251384.ece Garima Jain is Deputy CEO and Head of Grains for India, Louis Dreyfus Company (LDC), a global commodity major. Instrumental in strengthening
👍👍👍👍👍👍👍Service of notice gets affected when sent to correct address by registered post
https://taxguru.in/company-law/service-notice-gets-affected-sent-correct-address-registered-post.html Clipped from: https://taxguru.in/company-law/service-notice-gets-affected-sent-correct-address-registered-post.html Mukund Rajhans Vs Rajasthan Patrika Private Limited (NCLAT Delhi) In the case of Mukund Rajhans vs. Rajasthan Patrika Private Limited, the National Company
Section 80P(2)(d) deduction eligible to co-op society on interest from investments with co-op banks
https://taxguru.in/income-tax/section-80p2d-deduction-eligible-co-op-society-interest-investments-co-op-banks.html Clipped from: https://taxguru.in/income-tax/section-80p2d-deduction-eligible-co-op-society-interest-investments-co-op-banks.html Mullanpur Garibdas Co-operative Multipurpose Society Vs PCIT-II (ITAT Chandigarh) ITAT held that assessee society, being a cooperative society, is entitled to the
ITD can’t cure defect in Notice Issued u/s 148 of Income Tax Act against Dead person by issuing Manual Notice in name of legal heir: ITAT quashes Reassessment Proceedings
Clipped from: https://www.taxscan.in/itd-cant-cure-defect-in-notice-issued-u-s-148-of-income-tax-act-against-dead-person-by-issuing-manual-notice-in-name-of-legal-heir-itat-quashes-reassessment-proceedings-read-order/406204/ The Bangalore bench of Income Tax Appellate Tribunal ( ITAT ) while quashing the reassessment proceedings held that the Income Tax Department could not cure
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