Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nre-nro-accounts-a-comprehensive-guide-for-taxpayers-451052-2024-10-22 To simplify this, Indian banks offer two key types of accounts: the Non-Resident External (NRE) Account and the Non-Resident Ordinary (NRO) Account. These
Day: October 22, 2024
👌👌👌👌👌LTIMindtree unveils AI-powered insurance underwriting solution, shares in red – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/ltimindtree-unveils-ai-powered-insurance-underwriting-solution-shares-in-red/article68782369.ece LTIMindtree, a global technology consulting firm, launched its ‘AI-Smart Underwriter’ solution today in collaboration with ServiceNow, aimed at modernizing insurance underwriting processes. The
👌👌👌👌👌Monetary policy dilemma: Control inflation or support growth, says RBI’s Patra – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dilemma-for-monetary-policy-says-rbi-dy-guv-patra/article68782512.ece RBI Deputy Governor Patra discusses India’s growth trajectory, inflation control, and monetary policy dilemma at New York Fed Seminar. Uncertainty shocks for India
Kotak Mahindra Bank Q2 results: Why the stock corrected post-results and key takeaways for investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/kotak-mahindra-bank-q2-results-why-the-stock-corrected-post-results-and-key-takeaways-for-investors/article68782109.ece Asset quality in the short-term and margins in the medium-term are key monitorables for investors Kotak Mahindra Bank published financial results for the quarter
👌👌👌👌👌Loneliness increases risk of dementia by over 30%, studies review suggests | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/loneliness-increases-risk-of-dementia-by-over-30-studies-review-suggests-124102200610_1.html In this study, loneliness was found to increase overall risk of dementia by 30 per cent, Alzheimer’s disease by 39 per cent, vascular
👌👌👌👌👌India poised to rebound to 8% growth trend: RBI Deputy Governor Patra | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/india-poised-to-rebound-to-8-growth-trend-rbi-deputy-governor-patra-124102200993_1.html Headline inflation likely to remain on track throughout 2025-26 (Photo: Reuters) Following the pandemic recovery, India is likely to return to its long-term
👌👌👌👌👌RBI’s ‘TReDS’ platform bridging $600 bn funding gap for smaller firms | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-s-treds-platform-bridging-600-bn-funding-gap-for-smaller-firms-124102201091_1.html Trade Receivables Discounting System (TReDS) introduced about a decade ago by the Reserve Bank of India has seen the engineering company’s cost of
👌👌👌PM Internship Scheme: Points to keep in mind after getting the offer letter | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/pm-internship-scheme-points-to-keep-in-mind-after-getting-the-offer-letter-124102200931_1.html The internship scheme is focused on youth aged between 21 and 24 years mainly from poor and lower middle-class households PM Internship Scheme
How Delhiites, Maharashtrians and Kannadigas are shelling out more direct taxes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/how-delhiites-maharashtrians-and-kannadigas-are-shelling-out-more-direct-taxes/article68778850.ece The direct tax to GDP ratio is the highest in these States due to high per capita income and lower share of agriculture
Welcome rethink on FTAs – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/welcome-rethink-on-ftas/article68780172.ece Ceding ground on government procurement would impair the use of this instrument for boosting local economic capacity Recent media reports suggest that the
A boost for arbitral process – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/a-boost-for-arbitral-process/article68780158.ece Court reaffirms need for limited judicial intervention The Arbitration and Conciliation Act, 1996, shaped significantly by the UNCITRAL Model Law on International Commercial
Tax truths – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tax-truths/article68779580.ece Direct tax base should be widened Recently released data on direct tax collections trends over two decades do have some important lessons to
Slow growth in China raises doubts over 2024 target as concern mounts | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/slow-growth-in-china-raises-doubts-over-2024-target-as-concern-mounts-124102000707_1.html China faces headwinds in various sources of demand, in particular – and the government has not opened its purse strings sufficiently to make
Policy process: Currency-market intervention should be more selective | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/policy-process-currency-market-intervention-should-be-more-selective-124102101303_1.html On monetary policy, Mr Das categorically noted that a rate cut would be premature and could be “very, very risky” Indian financial markets
Cyber insurance is crucial for modern business but coverage has limits | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/cyber-insurance-is-crucial-for-modern-business-but-coverage-has-limits-124102000672_1.html It provides financial protection and access to critical resources, such as expert legal counsel and incident response teams In today’s digital age, where
GST collection falls, exports drop: Is India’s economic growth slowing? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/gst-collection-falls-exports-drop-is-india-s-economic-growth-slowing-124102000732_1.html The index of industrial production (IIP), which tracks the output of eight core industries, such as coal, oil, and electricity, was negative in
Axis Bank, Kotak Mahindra Bank, and RBL Bank saw increased slippages from unsecured loans like credit cards in Q2, but HDFC Bank remained unaffected
Clipped from: https://www.business-standard.com/industry/banking/private-banks-see-elevated-slippages-from-unsecured-loans-in-q2fy25-124102100969_1.html Axis Bank, Kotak Mahindra Bank, and RBL Bank saw increased slippages from unsecured loans like credit cards in Q2, but HDFC Bank remained
Over 32.5% Indian college students are nascent entrepreneurs: Report | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/over-32-5-indian-college-students-are-nascent-entrepreneurs-report-124102101394_1.html Fourteen per cent of Indian students plan to become founders immediately after graduation More than 32.5 per cent of Indian students in Indian
👌👌👌👌👌👌👌THE NEW REGIME OF REASSESSMENT PROCEEDINGS UNDER SECTION 148A OF THE INCOME-TAX ACT, 1961: A 20-POINT CHECKLIST FOR REPRESENTATION – Digest of case laws
Clipped from: https://itatonline.org/digest/articles/the-new-regime-of-reassessment-proceedings-under-section-148a-of-the-income-tax-act-1961-a-20-point-checklist-for-representation/ By Dr. K. Shivaram, Senior Advocate & Mr. Shashi Bekal, Advocate Executive Summary The Article aims at providing a detailed guide for advocates,
👌👌👌👌👌👌👌Section 45, Section 48 and Section 54 of the Income Tax Act, 1961
Clipped from: https://taxguru.in/income-tax/idea-capital-gain-tax-property-redevelopment-heres-know.html No Idea about Capital Gain Tax but Property Under Re-Development? Here’s all you Need to Know!! The Finance Act, 2017 inserted a new
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