Clipped from: https://www.business-standard.com/world-news/trump-blasts-fed-chair-powell-calls-him-fool-for-not-cutting-rates-125050900021_1.html Trump named Powell as the Fed chair in 2018, during his first term in the White House, and Democratic President Joe Biden appointed
Month: May 2025
***Centre to reach 15 mn farmers via seed campaign by June 12: Chouhan | Agriculture – Business Standard
Clipped from: https://www.business-standard.com/industry/agriculture/centre-to-reach-15-million-farmers-with-new-seed-campaign-by-june-12-125050801373_1.html 15-day national campaign called ‘Viksit Krishi Sankalp Abhiyan’ to start on May 19 As part of the campaign, named Viksit Krishi Sankalp Abhiyan,
*****India ranks 130th on Human Development Index, says UNDP 2025 report | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/india-ranks-130th-on-human-development-index-says-undp-2025-report-125050601535_1.html India’s HDI value has increased by over 53 per cent since 1990, growing faster than both the global and South Asian averages The
*****RBI moves to clean up digital lending, mandates transparency in loan offers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-moves-to-clean-up-digital-lending-mandates-transparency-in-loan-offers/article69556751.ece Lenders must list all digital loan apps—whether their own or operated by partners—on the RBI’s CIMS portal, either exclusively or as part of
*****Bhushan Steel ruling can help strengthen IBC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/bhushan-steel-ruling-can-help-strengthen-ibc/article69550247.ece It restores discipline to the insolvency process, sets clear limits on tribunal powers, protects the independence of enforcement agencies The Supreme Court ruling
Ex promoter of Bhushan Power moves NCLT to enfore SC’s liquidation order – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/ex-promoter-of-bhushan-power-moves-nclt-to-enfore-scs-liquidation-order/article69557213.ece Singhal’s plea comes even as the government, lenders, and JSW Steel prepare to file a review petition against the SC verdict Sanjay Singhal,
Govt steps up vigil as cyberattacks rise since Pahalgam terror attack
Clipped from: https://www.business-standard.com/industry/news/govt-steps-up-vigil-as-cyberattacks-rise-since-pahalgam-terror-attack-125050701493_1.html Tells Cert-in, banks, power stations to be on high alert Banks have also stepped up their vigil and response practice in anticipation of
Bhushan Steel: Was liquidation the only solution? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/bhushan-steel-was-liquidation-the-only-solution/article69546180.ece The SC judgment has followed the letter of the law. But it has hit the interests of the company, creditors and employees The
Twisted steel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/twisted-steel/article69545234.ece SC’s Bhushan Steel verdict raises difficult questions The verdict does not show the IBC in a good light | Photo Credit: Akhilesh In
*******Income Tax Return Filing: Complete ITR Form 1 Checklist for AY 2025-26
Clipped from: https://www.taxscan.in/income-tax-return-filing-complete-itr-form-checklist-for-ay/514406/?utm_source=signinbutton&utm_medium=txn&utm_campaign=checkoutsigninbtn For individual taxpayers with basic income sources, ITR Form 1 (Sahaj) is a one-page income tax return form. To make tax filing easier
*******SC Dismisses Reassessment Case for Non-Compliance with Section 148A
Clipped from: https://taxguru.in/income-tax/sc-dismisses-reassessment-case-non-compliance-section-148a.html ITO Vs R.K. Build Creations Private Limited (Supreme Court of India) The Supreme Court of India has dismissed a Special Leave Petition filed
*****ITR filing 2025: ITR forms 1, 2, 3, 4 and 5 notified for FY 2024-25; key differences explained for taxpayers – ITR filing 2025: ITR forms 1, 2, 3, 4 and 5 notified for FY 2024 25; key differences explained for taxpayers BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-filing-2025-itr-forms-1-2-3-4-and-5-notified-for-fy-2024-25-key-differences-explained-for-taxpayers-474887-2025-05-06 The I-T department has notified new ITR forms for FY 2024-25, detailing eligibility and exclusions for each form. These tax filing forms cater to
*****I am paying monthly rent more than Rs 50,000. Should I deduct TDS monthly or once yearly? – I am paying monthly rent more than Rs 50,000. Should I deduct TDS monthly or once yearly? BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/i-am-paying-monthly-rent-more-than-rs-50000-should-i-deduct-tds-monthly-or-once-yearly-474892-2025-05-06 Under Section 194-IB, individuals or HUFs (not liable for tax audit) are required to deduct 2% TDS only “once” – at the time
*****NCLT, NCLAT can’t review PMLA decision: Supreme Court in BPSL case | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/sc-bpsl-case-nclt-nclat-have-no-power-over-pmla-authority-125050500690_1.html The Supreme Court has ruled that NCLT and NCLAT lack judicial review power over statutory decisions under the PMLA in the Bhushan Power
Govt weighing next move after SC’s JSW-BPSL order: DFS Secretary M Nagaraju | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/govt-reviews-sc-order-on-bhushan-steel-idbi-sale-to-conclude-2025-125050500787_1.html The DFS is assessing the Supreme Court’s Bhushan Steel ruling with lenders and may chart next steps soon; IDBI Bank’s 61 per cent
aniltikotekar4sme.com 