Month: June 2024
Big blow for insurance companies! IRDAI cracks down on insurers’ misleading ad practices – Money News | The Financial Express
https://www.financialexpress.com/money/big-blow-for-insurance-companies-irdai-cracks-down-on-insurers-misleading-ad-practices-3532139/ Clipped from: https://www.financialexpress.com/money/big-blow-for-insurance-companies-irdai-cracks-down-on-insurers-misleading-ad-practices-3532139/ According to IRDAI, insurers need to ensure that all grievances are resolved within specific timelines and a written acknowledgment of a grievance
Book Review | One for free trade – Lifestyle News | The Financial Express
https://www.financialexpress.com/life/lifestyle-book-review-one-for-free-trade-3532056/ Clipped from: https://www.financialexpress.com/life/lifestyle-book-review-one-for-free-trade-3532056/ An essential manual that can serve as a guiding force for trade policy. The book focuses primarily on the subject of free
Tax rates changed for goods & services – Check what gets cheaper and costlier – Budget 2024 News | The Financial Express
https://www.financialexpress.com/budget/gst-council-meet-tax-rates-changed-for-goods-amp-services-check-what-gets-cheaper-and-costlier-3532162/ Clipped from: https://www.financialexpress.com/budget/gst-council-meet-tax-rates-changed-for-goods-amp-services-check-what-gets-cheaper-and-costlier-3532162/ The Council has exempted the purchase of railway tickets and payments for waiting room and cloak room charges from GST. The Council
Prioritise reforms in GST rates, procedures – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/prioritise-reforms-in-gst-rates-procedures/article68316462.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/prioritise-reforms-in-gst-rates-procedures/article68316462.ece Bring alcohol and fuel into GST ambit; shun punitive approach to mopping up taxes Nearly seven years after its inception, there can
Ahead of Budget, MSME representatives submit suggestions to Sitharaman – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/msme/ahead-of-budget-msme-representatives-submit-suggestions-to-sitharaman/article68319703.ece Clipped from: https://www.thehindubusinessline.com/companies/msme/ahead-of-budget-msme-representatives-submit-suggestions-to-sitharaman/article68319703.ece The full Budget 2024-25, is expected to be presented in Parliament, next month Representatives of the MSME industry on Friday, made a host of
IBBI issues draft format for progress report during liquidation process – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/ibbi-issues-draft-format-for-progress-report-during-liquidation-process/article68320203.ece Clipped from: https://www.thehindubusinessline.com/economy/ibbi-issues-draft-format-for-progress-report-during-liquidation-process/article68320203.ece Format to be beneficial for both Insolvency Professionals and NCLT; Public comments to be submitted electronically by July 12 Insolvency and Bankruptcy
Centre anticipates Rs 70k crore GST cess surplus from ‘sin’ goods | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/centre-anticipates-rs-70k-crore-gst-cess-surplus-from-sin-goods-124062200482_1.html Clipped from: https://www.business-standard.com/economy/news/centre-anticipates-rs-70k-crore-gst-cess-surplus-from-sin-goods-124062200482_1.html The surprise surplus is attributed to impressive revenue generation from taxes on the so called “sin” goods like pan masala, cigarettes To
GST Council waives interest, penalty on tax demands between FY18 and FY20 | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/gst-council-waives-interest-penalty-on-past-tax-demands-to-ease-compliance-124062200669_1.html Clipped from: https://www.business-standard.com/economy/news/gst-council-waives-interest-penalty-on-past-tax-demands-to-ease-compliance-124062200669_1.html Reconstituted rate rejig state panel; asked to give status report in subsequent meet post Budget Union Finance Minister Nirmala Sitharaman chairs the
7 years of GST: Balancing tech & transformation | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/7-years-of-gst-balancing-tech-transformation-124062000019_1.html Clipped from: https://www.business-standard.com/opinion/columns/7-years-of-gst-balancing-tech-transformation-124062000019_1.html The time has come to usher in GST 2.0 Seven years on, the goods and services tax (GST) has cemented its place
To tax, and to please – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/to-tax-and-to-please/article68303680.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/to-tax-and-to-please/article68303680.ece Personal income tax regime cries out for reform Reducing personal income tax and simplifying individual tax laws should be a priority area
India Inc’s excuses for slow pace of capex wear thin – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/india-incs-excuses-for-slow-pace-of-capex-wear-thin/article68311244.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/india-incs-excuses-for-slow-pace-of-capex-wear-thin/article68311244.ece With demand reviving and growth prospects looking up, it is time for industry to step up investments Industry associations have been coming
Rural revival – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/rural-revival/article68308035.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rural-revival/article68308035.ece Rise of discretionary spend, a positive for growth The recently released detailed factsheet on the Household Consumption Expenditure Survey (August-July 2022-23) does
The rural consumer is changing – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/the-rural-consumer-is-changing/article68313179.ece Clipped from: https://www.thehindubusinessline.com/opinion/the-rural-consumer-is-changing/article68313179.ece There has been a definite shift towards non-food consumption. But the reasons require closer study The monthly per capita consumption expenditure has more
RBI’s timely action helped curb potential risks in unsecured consumer credit: Das – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbis-timely-action-helped-curb-potential-risks-in-unsecured-consumer-credit-das/article68312563.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-timely-action-helped-curb-potential-risks-in-unsecured-consumer-credit-das/article68312563.ece It is our endeavour to smell a crisis. Pursuit of business growth is important, but it should never come at the expense
Rural demand surges in 2024, while consumer spends remain high – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/rural-demand-resurgence-in-2024-but-consumer-spends-remain-high-kantar-report/article68315588.ece Clipped from: https://www.thehindubusinessline.com/economy/rural-demand-resurgence-in-2024-but-consumer-spends-remain-high-kantar-report/article68315588.ece The Kantar report added that rural markets are expected to “maintain better growth levels” compared to urban for the rest of the
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