Month: September 2024
Key decisions ahead for GST Council: Rate cuts, slabs, compensation cess
https://www.business-standard.com/opinion/editorial/key-decisions-ahead-for-gst-council-rate-cuts-slabs-compensation-cess-124091001409_1.html Clipped from: https://www.business-standard.com/opinion/editorial/key-decisions-ahead-for-gst-council-rate-cuts-slabs-compensation-cess-124091001409_1.html The challenge will be to rationalise rates and adjust the part which is now collected as cess in a manner that makes
Fiscal prudence through disclosure: A key Budget move that went unnoticed | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/fiscal-prudence-through-disclosure-a-key-budget-move-that-went-unnoticed-124091001400_1.html Clipped from: https://www.business-standard.com/opinion/columns/fiscal-prudence-through-disclosure-a-key-budget-move-that-went-unnoticed-124091001400_1.html Statement 27-A, a voluntary disclosure of state-owned entities’ borrowings, introduced in the Budget for 2024-25, enhances fiscal transparency and signals prudent fiscal
👌👌👌GST cut on key cancer drugs set to boost patient coverage, say experts
https://www.business-standard.com/health/gst-cut-for-key-cancer-drugs-to-boost-patient-coverage-say-experts-124091001289_1.html Move is part of ongoing initiatives to reduce financial burden for cancer patients With rising cancer cases in India, the goods and services tax
👌👌👌No GST on R&D grants; past demands to be regularised – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/no-gst-on-rd-grants-past-demands-to-be-regularised/article68623023.ece Clipped from: https://www.thehindubusinessline.com/economy/no-gst-on-rd-grants-past-demands-to-be-regularised/article68623023.ece The Council also recommends lowering levy on the GST rate on cancer drugs Research and development grants from private or public sector
👌Banking system could face liquidity challenges, cautions FICCI-IBA Survey of Banks – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banking-system-could-face-liquidity-challenges-cautions-ficci-iba-survey-of-banks/article68626333.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banking-system-could-face-liquidity-challenges-cautions-ficci-iba-survey-of-banks/article68626333.ece More than two-thirds of respondent banks reported a decrease in the share of CASA deposits Customers’ search for higher-yielding investments and the
👌👌👌Some caveats to job creation claims – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/some-caveats-to-job-creation-claims/article68626940.ece Clipped from: https://www.thehindubusinessline.com/opinion/some-caveats-to-job-creation-claims/article68626940.ece Most of the jobs have been created in agriculture and ‘self-employment’ in the informal sector In recent times, the Centre has claimed
👌👌👌Conundrum of the credit-deposit ratio: Understanding RBI’s concerns | Finance News – Business Standard
https://www.business-standard.com/finance/news/conundrum-of-the-credit-deposit-ratio-understanding-rbi-s-concerns-124091001140_1.html Clipped from: https://www.business-standard.com/finance/news/conundrum-of-the-credit-deposit-ratio-understanding-rbi-s-concerns-124091001140_1.html The RBI is also concerned that the banks have turned to bulk deposits and certificates of deposit to mobilise funds, as retail
👌RCM on commercial rentals may raise GST revenue, burden tenants: Experts | Finance News – Business Standard
https://www.business-standard.com/finance/news/rcm-on-commercial-rentals-may-raise-gst-revenue-burden-tenants-experts-124091001044_1.html Clipped from: https://www.business-standard.com/finance/news/rcm-on-commercial-rentals-may-raise-gst-revenue-burden-tenants-experts-124091001044_1.html The GST at 18 per cent was applicable if the landlord was a registered entity. It was also the case when the
👌Corporate bond issuances fall 22% in August as firms await Fed rate cut | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/corporate-bond-issuances-fall-22-in-august-as-firms-await-fed-rate-cut-124091001122_1.html Clipped from: https://www.business-standard.com/economy/news/corporate-bond-issuances-fall-22-in-august-as-firms-await-fed-rate-cut-124091001122_1.html Issuers await cheaper borrowing post-Fed rate cut Illustration: Binay Sinha Corporate bond issuances fell by around 22 per cent in August, despite
👌👌👌Lessons from Dunzo – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/lessons-from-dunzo/3606241/ Clipped from: https://www.financialexpress.com/opinion/lessons-from-dunzo/3606241/ Even the most promising start-ups stumble if they neglect financial prudence, lose focus on core strengths. The last straw that broke the
👌👌👌US Job Market: Layoffs surge as hiring plans fall to historic lows – Investing Abroad News | The Financial Express
https://www.financialexpress.com/business/investing-abroad-job-cuts-announced-by-us-based-companies-surge-in-august-2024-3605671/ Clipped from: https://www.financialexpress.com/business/investing-abroad-job-cuts-announced-by-us-based-companies-surge-in-august-2024-3605671/ For the first time since April, employers specified Artificial Intelligence as a reason for job cuts. The US economy appears to be
👌Tata Sons’ dividend income falls in FY24, becomes debt- free – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/tata-sons-dividend-income-falls-in-fy24-becomes-debt-free/article68618471.ece Clipped from: https://www.thehindubusinessline.com/companies/tata-sons-dividend-income-falls-in-fy24-becomes-debt-free/article68618471.ece Tata Sons is the holding entity for companies under the group and a large part of its income is derived from the
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