https://www.thehindubusinessline.com/opinion/steps-that-can-reduce-ibc-delays/article68497845.ece lipped from: https://www.thehindubusinessline.com/opinion/steps-that-can-reduce-ibc-delays/article68497845.ece Promoters’ moves to scuttle resolution should be dealt with. IBC-specific NCLT benches are needed The Banking Law Reforms Committee (BLRC) which gave
Month: August 2024
IBBI issues guidelines for Committee of Creditors to expedite IBC resolutions – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/ibbi-issues-guidelines-for-committee-of-creditors-to-expedite-ibc-resolutions/article68500076.ece Clipped from: https://www.thehindubusinessline.com/economy/ibbi-issues-guidelines-for-committee-of-creditors-to-expedite-ibc-resolutions/article68500076.ece Move could strengthen the institution of CoC, ensure time-bound decision making by its members The new guidelines are designed to ensure a
Managing Inflation: RBI, relevant ministries in constant engagement on supply-side measures, says Das | Business News – The Indian Express
https://indianexpress.com/article/business/economy/managing-inflation-rbi-relevant-ministries-in-constant-engagement-on-supply-side-measures-says-das-9503566/ Clipped from: https://indianexpress.com/article/business/economy/managing-inflation-rbi-relevant-ministries-in-constant-engagement-on-supply-side-measures-says-das-9503566/ “The government has been taking a number of measures. Several ministries are attending to the situation as it is emerging. Surprises are
Up to 4 nominees for bank accounts proposed as part of banking law tweaks | Business News – The Indian Express
https://indianexpress.com/article/business/economy/up-to-4-nominees-for-bank-accounts-proposed-as-part-of-banking-law-tweaks-9505443/ Clipped from: https://indianexpress.com/article/business/economy/up-to-4-nominees-for-bank-accounts-proposed-as-part-of-banking-law-tweaks-9505443/ The Banking Laws (Amendment) Bill, 2024, which was introduced by Minister of State for Finance Pankaj Chaudhary, proposes to raise the threshold
Finance Minister to banks: Innovate, focus on small deposits to plug gap with credit growth | Business News – The Indian Express
https://indianexpress.com/article/business/economy/finance-minister-to-banks-innovate-focus-on-small-deposits-to-plug-gap-with-credit-growth-9507109/ Clipped from: https://indianexpress.com/article/business/economy/finance-minister-to-banks-innovate-focus-on-small-deposits-to-plug-gap-with-credit-growth-9507109/ Banks are facing challenges on the funding front with bank deposits trailing loan growth. FM Nirmala Sitharaman addressed RBI Central Board in
👍👍👍👍👍आजचा अग्रलेख – वक्फ सुधारणा पुढे न्या – waqf
https://marathi.indiatimes.com/editorial/waqf-act-amendment-bill-special-report-maharashtra-times/articleshow/112420179.cms Clipped from: https://marathi.indiatimes.com/editorial/waqf-act-amendment-bill-special-report-maharashtra-times/articleshow/112420179.cms Waqf Act Amendment Bill : भारतात केंद्रीय वक्फ बोर्ड आहे. त्याचप्रमाणे, सध्या २८ राज्यांमध्ये वक्फ मंडळे आहेत. देशातल्या सगळ्या वक्फ मंडळांकडे मिळून
👍Income Tax Refund Delays: When will you get tax refunds? Why ITR processing gets delayed – Money News | The Financial Express
https://www.financialexpress.com/money/income-tax-refund-delays-heres-why-your-refunds-are-stuck-and-how-long-income-tax-dept-can-legally-take-3579795/ Clipped from: https://www.financialexpress.com/money/income-tax-refund-delays-heres-why-your-refunds-are-stuck-and-how-long-income-tax-dept-can-legally-take-3579795/ Income Tax Refund Delays: The Income Tax Department did not extend the Income Tax Return (ITR) deadline for the Assessment Year 2024-25,
👍ITR filing for FY 2023-24: When should you file rectification form? Check details – BusinessToday
https://www.businesstoday.in/personal-finance/tax/story/itr-filing-for-fy-2023-24-when-should-you-file-rectification-form-check-details-441055-2024-08-11 Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-filing-for-fy-2023-24-when-should-you-file-rectification-form-check-details-441055-2024-08-11 One should note that a taxpayer cannot view the rectification request status offline. You will be required to log in to the
👍👍👍on monetary policy and financial markets – The Hindu
https://www.thehindu.com/business/Economy/on-monetary-policy-and-financial-markets/article68502866.ece Clipped from: https://www.thehindu.com/business/Economy/on-monetary-policy-and-financial-markets/article68502866.ece The recent rapid turnarounds in global markets have come on the back of attempts by central banks to combat the problems of
Your Ready Reckoner for Bond Taxation – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/your-ready-reckoner-for-bond-taxation/article68505343.ece Clipped from: https://www.thehindubusinessline.com/portfolio/your-ready-reckoner-for-bond-taxation/article68505343.ece Demystifying capital gain taxation on bonds The Budget in July had introduced several amendments to taxation. It’s been a couple of weeks
‘Caught napping at wheels’: Cong slams govt over trade deficit with China | India News – Business Standard
https://www.business-standard.com/india-news/caught-napping-at-wheels-cong-slams-govt-over-trade-deficit-with-china-124081001092_1.html Clipped from: https://www.business-standard.com/india-news/caught-napping-at-wheels-cong-slams-govt-over-trade-deficit-with-china-124081001092_1.html Our domestic industries are being decimated and shutting down, unable to compete with the onslaught of cheap Chinese goods, the Congress general
US elections: Won’t interfere with Fed in rebuke to Trump, says Harris | World News – Business Standard
https://www.business-standard.com/world-news/us-elections-won-t-interfere-with-fed-in-rebuke-to-trump-says-harris-124081100051_1.html Clipped from: https://www.business-standard.com/world-news/us-elections-won-t-interfere-with-fed-in-rebuke-to-trump-says-harris-124081100051_1.html The Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes, said Kamala
Welcome to the ‘yes, but’ cycle of rate cuts | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/welcome-to-the-yes-but-cycle-of-rate-cuts-124081000017_1.html Clipped from: https://www.business-standard.com/opinion/columns/welcome-to-the-yes-but-cycle-of-rate-cuts-124081000017_1.html The global economy is on the cusp of a sustained easing, though not necessarily a dramatic sequence of rate cuts By Daniel
👍👍👍Give robust response to Section 148A notice to avoid reassessment | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/provide-robust-response-to-section-148a-notice-to-avoid-reassessment-124080901457_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/provide-robust-response-to-section-148a-notice-to-avoid-reassessment-124080901457_1.html Taxpayers should, in the first place, file accurate returns annually, declaring income from all sources Listen to This Article The Income-Tax (I-T)
👍Banking laws Bill extends tenure of cooperative banks’ directors to 10 yrs | Finance News – Business Standard
https://www.business-standard.com/finance/news/banking-laws-bill-2024-extends-tenure-of-co-op-bank-directors-to-10-years-124080900641_1.html Clipped from: https://www.business-standard.com/finance/news/banking-laws-bill-2024-extends-tenure-of-co-op-bank-directors-to-10-years-124080900641_1.html Changes to banking laws have a consumer tilt; no proposal that would allow change in ownership pattern of PSBs Better protection for
Look to resolve issues with deposit growth: HDFC Bank’s Atanu Chakraborty | Company News – Business Standard
https://www.business-standard.com/companies/news/hdfc-bank-targets-personalised-experiences-to-boost-deposit-mobilisation-124080901113_1.html Clipped from: https://www.business-standard.com/companies/news/hdfc-bank-targets-personalised-experiences-to-boost-deposit-mobilisation-124080901113_1.html Says focused on creating personalised experience for customers Atanu Chakraborty, Part-time chairman, HDFC Bank India’s largest private sector lender HDFC Bank is
Rates to remain elevated for loans, bulk deposits: Bank of India MD & CEO | Interviews – Business Standard
https://www.business-standard.com/companies/interviews/interest-rates-to-remain-elevated-for-loans-and-bulk-deposits-karnatak-124080901576_1.html lipped from: https://www.business-standard.com/companies/interviews/interest-rates-to-remain-elevated-for-loans-and-bulk-deposits-karnatak-124080901576_1.html With rising cost of funds, loans rates on highly rated corporates will need a relook to protect margins, he says Rajneesh Karnatak,
RBI survey: Bankers remain upbeat on loan demand – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/bankers-remain-upbeat-on-loan-demand-rbi-survey/article68504788.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/bankers-remain-upbeat-on-loan-demand-rbi-survey/article68504788.ece Easy loan terms and conditions are expected to continue in the second half of 2023-24, except for the mining sector Notwithstanding concerns
👍MCA launches consultations with industry on new internship scheme – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/mca-launches-consultations-with-industry-on-new-internship-scheme/article68506077.ece Clipped from: https://www.thehindubusinessline.com/economy/mca-launches-consultations-with-industry-on-new-internship-scheme/article68506077.ece MCA aims to cover top 500 CSR spenders in internship scheme; Corporate India keen on expanding coverage beyond top 500 The Corporate
Banks increase MCLR rates in response to repo rate hikes, affecting loan and deposit rates – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-increase-mclr-rates-in-response-to-repo-rate-hikes-affecting-loan-and-deposit-rates/article68506565.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-increase-mclr-rates-in-response-to-repo-rate-hikes-affecting-loan-and-deposit-rates/article68506565.ece This comes in the wake of RBI’s rate-setting monetary policy, at its meeting on August 8, keeping the repo rate unchanged at