Clipped from: https://www.thehindubusinessline.com/opinion/who-needs-inflation-targeting/article68671556.ece India formalised it in 2016. But our inflation management, via the DA route and RBI’s efforts, has always been exemplary Why do kittens
Month: September 2024
👌Banker’s Trust: All you want to know about SROs in finance sector | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/banker-s-trust-all-you-want-to-know-about-sros-in-finance-sector-124092200396_1.html The key to effective implementation of the SRO regime is avoiding overlap In August, the Reserve Bank of India (RBI) recognised the Fintech
GST demand orders cannot be passed without issuance of SCN: Jharkhand HC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-demand-orders-passed-issuance-scn-jharkhand-hc.html Prity Dokania sole proprietor of M/s Samridhi Enterprises Vs State of Jharkhand (Jharkhand High Court) In the case of Prity Dokania Vs State of
MSMEs recovering from Covid see 10% YoY growth in sales: Report – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme/msmes-recovering-from-covid-see-10-per-cent-sales-u-gro-capital-dun-and-bradstreet-covid-recovery-nbfc-working-capital/3616961/ The MSME Sampark report 2024 by MSME-focused NBFC UGRO Capital and Dun & Bradstreet studied the MSME sample across seven sectors. The report
Finance Ministry urges DRTs, banks to expedite loan recovery processes | Banking – Business Standard
Clipped from: https://www.business-standard.com/industry/banking/finance-ministry-urges-drts-banks-to-expedite-loan-recovery-processes-124092100715_1.html FinMin calls on DRTs to engage borrowers in smaller cases outside tribunals to alleviate pendency burden The Union Finance Ministry has advised the
Tax Query: Tax Deduction for Perquisites – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-tax-deduction-for-perquisites/article68659946.ece Employer-provided benefits like rent-free accommodation, fuel, and electricity reimbursements are taxable perquisites, and employers must deduct tax at source accordingly I fall in
👌👌👌Internship Scheme: Govt to list out 500 companies based on CSR spend | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/internship-scheme-govt-to-list-out-500-companies-based-on-csr-spend-124092001331_1.html The Ministry of Corporate Affairs (MCA) is likely to bring out a list of 500 companies that can participate in the Centre’s internship
Listed firms log record operating cash flow on back of higher margins
Clipped from: https://www.business-standard.com/markets/stock-market-news/listed-firms-log-record-operating-cash-flow-on-back-of-higher-margins-124092001050_1.html Generated Rs 11.1 trn in FY24; larger portion than before being used to retire long-term liabilities Indian companies are generating more cash than
👌More than 9,700 minor subscribers enrolled under NPS Vatsalya on first day | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/more-than-9-700-minor-subscribers-enrolled-under-nps-vatsalya-on-first-day-124092001263_1.html On the day of the launch, NPS Vatsalya received an overwhelming response, as 9,705 minor subscribers have been enrolled under the scheme through
👌Over Rs 3 trn needed each year to reach 440 GW RE capacity by 2030: ICRA | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/over-rs-3-trn-needed-each-year-to-reach-440-gw-re-capacity-by-2030-icra-124092001243_1.html The government’s target is to have 500 gigawatt of installed renewable energy capacity by 2030 Representational Image An investment of over Rs 3
👌👌👌AI must be guided by humanism and compassion, not just tech experts
Clipped from: https://www.business-standard.com/opinion/columns/ai-must-be-guided-by-humanism-and-compassion-not-just-tech-experts-124092001391_1.html It is futile to resist change because tech progress is autonomous; nobody oversees developments. Only natural intelligence – humanism, conscience, and compassion of
👌Finance ministry notifies direct tax Vivad Se Vishwas Scheme, 2024 | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/finance-ministry-notifies-direct-tax-vivad-se-vishwas-scheme-2024-124092001239_1.html Though the scheme’s operational date has been announced, the final date for the scheme is yet to be determined The Union finance ministry
👌ICAI at loggerheads with NFRA on proposed revision of audit standards | News – Business Standard
The revised standards hold that the group auditor is ultimately responsible for the audit Representative Picture Expressing surprise at the National Financial Reporting Authority’s (NFRA’s)
NRI deposits witness $5.82 billion inflows in April-July 24, shows RBI data | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/nri-deposits-witness-5-82-billion-inflows-in-april-july-24-shows-rbi-data-124092001229_1.html The NRI deposit schemes include foreign currency non-resident (FCNR) deposits, non-resident external (NRE) deposits, and non-resident ordinary (NRO) deposits Overseas Indians deposited about
Credit-deposit gap narrows as banks boost deposit rate: RBI report | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/credit-deposit-gap-narrows-as-banks-boost-deposit-rate-rbi-report-124092001250_1.html With inflation easing household consumption to growth faster in Q2 (Photo: Shutterstock) Listen to This Article The gap between credit and deposit growth
Fed cuts loose – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fed-cuts-loose/article68664468.ece US rate cut positive for financial markets, flows The US Federal Reserve, which had been proceeding cautiously in rolling back the 525 basis
👌👌👌Bombay HC strikes down changes to IT rules allowing Fact Check Unit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/bombay-hc-strikes-down-changes-to-it-rules-allowing-fact-check-unit/article68664759.ece Comedian Kunal Kamra petitioned to the Bombay Court against the FCU stating that the new rules announced by the Centre could potentially lead
Banks’ certificate of deposit issuances grew by more than 65% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-certificate-of-deposit-issuances-grew-by-more-than-65-per-cent/article68664845.ece CD issuances surge by 65% to ₹4.51 lakh crore in 2024-25, bridging credit-deposit gap for banks, offering higher interest rates Certificate of deposit
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