https://www.thehindubusinessline.com/economy/76-of-income-tax-collected-from-those-earning-more-than-50-lakh-govt-officials/article68864001.ece Middle-class tax burden has eased in the past decade More than three-fourth of income tax in the country is collected from assessees with income more than
Month: November 2024
Foreign funding: Higher FDI to improve growth outcomes for Indian economy
https://www.business-standard.com/opinion/editorial/foreign-funding-higher-fdi-to-improve-growth-outcomes-for-indian-economy-124111201709_1.html India needs to continuously improve its business environment to attract durable foreign saving India needs sustained higher investment to grow at an increased rate
Credit for growth: Enhanced credit flow to boost MSME investment, growth
https://www.business-standard.com/opinion/editorial/credit-for-growth-enhanced-credit-flow-to-boost-msme-investment-growth-124111201710_1.html Since credit is growing at a healthy pace, lenders must properly evaluate businesses before extending credit At the recently held National MSME Cluster Outreach
Inflation surge dims hopes for early RBI rate cut despite slowdown fears
https://www.business-standard.com/opinion/editorial/inflation-surge-dims-hopes-for-early-rbi-rate-cut-despite-slowdown-fears-124111301907_1.html Since GDP estimates depend significantly on company data, subdued corporate performance is likely to play a role The consumer price index-based inflation rate surged
India’s tablet, PC market grows 46% in Jul-Sep, iPad leads with 34% share | News – Business Standard
https://www.business-standard.com/industry/news/india-s-tablet-pc-market-grows-46-in-jul-sep-ipad-leads-with-34-share-124111301886_1.html According to the report, tablets in the price range of Rs 20,000-30,000 saw a significant 108 per cent YoY increase, highlighting a shift towards
Markets enter ‘correction’ territory; inflation, USD adds to investors woes | News on Markets – Business Standard
“There is only one market that’s gaining right now, which is the US. We all have to wait to understand the new administration’s policy,” said
ICAI to knock on MCA door against proposed audit standard revision
https://www.business-standard.com/economy/news/icai-to-knock-on-mca-door-against-proposed-audit-standard-revision-124111302017_1.html The NFRA, after its board meet, has suggested revisions to 40 Standards on Auditing Listen to This Article The Institute of Chartered Accountants of
Lung cancer can soon be detected from your breath-Here’s how – Life News | The Financial Express
https://www.financialexpress.com/life/lung-cancer-can-soon-be-detected-from-your-breath-heres-how-3663855/?ref=morelatest_hp The scientists maintain that lower isoprene levels have been identified as a potential indicator of lung cancer. Lung cancer is often diagnosed at advanced
From deep haircuts to higher recoveries – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/from-deep-haircuts-to-higher-recoveries/3663489/?ref=opinion_hp The Delhi High Court’s recent direction to the Insolvency and Bankruptcy Board of India (IBBI) to frame a code of conduct for the CoC
Unpleasant surprise: The more-than-expected inflation number – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/unpleasant-surprise-the-more-than-expected-inflation-number/3663483/?ref=opinion_hp The central government has lowered its GDP growth forecast for the second quarter in FY25 to 6.8% but retains the full-year FY25 growth forecast
Can I get a daycare cover for AYUSH treatment under my health insurance policy? – BusinessToday
https://www.businesstoday.in/personal-finance/insurance/story/can-i-get-a-daycare-cover-for-ayush-treatment-under-my-health-insurance-policy-453426-2024-11-13 Currently, Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homeopathy (AYUSH) treatment is covered under health insurance policies, provided there is 24-hour hospitalisation. While a comprehensive
👌👌👌👌👌👌👌Capital Gains Tax | Redevelopment | CA | TDS on Property | NIL Certifi
Clipped from: https://mnpartners.in/capital-gains-tax-in-redevelopment/ One of my clients recently reached out to me with a unique situation. His inquiry was primarily around Capital Gains Tax in Redevelopment His case
loksatta editorial on indian rupee falls to all time low against us dollar | अग्रलेख : काका… मला वाचवा!
lipped from: https://www.loksatta.com/sampadkiya/editorial/loksatta-editorial-on-indian-rupee-falls-to-all-time-low-against-us-dollar-zws-70-4706733/ अग्रलेख : काका… मला वाचवा! चलनवाढीने ६.२ टक्के इतकी उसळी घेतली असून रिझर्व्ह बँकेस व्याजदर वाढवण्याचा विचार करावा लागणार. पण असे काही निवडणुका
MSME delayed payments: Only 20% complaints disposed so far, shows govt data – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-msme-delayed-payments-only-20-complaints-disposed-so-far-shows-govt-data-3662777/ MSME delayed payments: Only 20% complaints disposed so far, shows govt data. (Image: Pexels) Out of over 2.12 lakh complaint applications involving Rs
MSME insolvency: Pre-pack scheme sees only 13 applications admitted since 2021 – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-msme-insolvency-pre-pack-scheme-sees-only-13-applications-admitted-since-2021-3662971/ Out of the admitted cases, one has been withdrawn, resolution plans for five others have been approved and seven cases are ongoing. The
Take recovery from ‘avoidance transactions’ seriously, IBBI tells creditors. – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/take-recovery-from-avoidance-transactions-seriously-ibbi-tells-creditors/article68860387.ece Recovery for creditors could go up at least 10 per cent on such approach, says IBBI Chief Mital; Till Sep 2024, total clawback on
Public sector banks’ net profit surged 26% in April-Sept period – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/public-sector-banks-net-profit-surged-26-in-april-sept-period/article68859808.ece Public sector banks in India see 26% growth in net profit, reflecting financial health and technological advancements Net profit of public sector banks (PSBs)
RBI allows FPIs to reclassify investments above the prescribed limit in a company as FDI – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/rbi-allows-fpis-to-reclassify-investments-above-the-prescribed-limit-in-a-company-as-fdi/article68856458.ece Clipped from: https://www.thehindubusinessline.com/companies/rbi-allows-fpis-to-reclassify-investments-above-the-prescribed-limit-in-a-company-as-fdi/article68856458.ece Move aimed at enhancing the ease of doing business, streamlining compliance and attracting foreign investments The Reserve Bank of India (RBI) has allowed foreign portfolio
👌Shocker to economy: Costlier veggies drive Oct inflation to 14-month high – The Hindu BusinessLine
The persisting rise in vegetable prices dealt a body blow to headline retail inflation with the Consumer Price Index (CPI) surging to a 14-month high
NFRA Board approves revamp proposals on 40 auditing standards – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/nfra-board-approves-revamp-proposals-on-40-auditing-standards/article68860803.ece Also approves revised SA600 despite ICAI concerns; NFRA also okays revised auditing standard on ‘Joint Audits’ Out of the 40 standards, 38 standards