Clipped from: https://www.business-standard.com/article/companies/hdfc-twins-merge-in-40-bn-deal-amalgamation-may-take-15-to-18-months-122040500024_1.html The country’s largest housing finance company and the biggest private sector bank announced that their boards have approved an all-stock amalgamation of HDFC
Author: Anil R Tikotekar
Sashidhar Jagdishan on what the deal with HDFC means to HDFC Bank | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sashidhar-jagdishan-on-what-the-deal-with-hdfc-means-to-hdfc-bank-122040500033_1.html Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, tells Manojit Saha what the deal with HDFC means to the bank
Income Tax Penalty cannot be Imposed Unless Assessee Obliged in Law, Either acted deliberately in Defiance of Law or Guilty of Dishonest Conduct: ITAT
Read More: https://www.taxscan.in/income-tax-penalty-cannot-be-imposed-unless-assessee-obliged-in-law-either-acted-deliberately-in-defiance-of-law-or-guilty-of-dishonest-conduct-itat/166292/ Clipped from: https://www.taxscan.in/income-tax-penalty-cannot-be-imposed-unless-assessee-obliged-in-law-either-acted-deliberately-in-defiance-of-law-or-guilty-of-dishonest-conduct-itat/166292/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Income%20Tax%20Penalty Top Stories By Rasheela Basheer – On April 5, 2022 10:06 am The Income Tax Appellate Tribunal, Delhi bench held that the income tax
Black Money Act Provisions cannot be invoked for Minor Breach of Law: ITAT–TAXSCAN
Clipped from: https://www.taxscan.in/black-money-act-provisions-cannot-be-invoked-for-minor-breach-of-law-itat/166358/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Black%20Money%20Act Top Stories By Rasheela Basheer – On April 5, 2022 2:34 pm In a major relief to philanthropist and pharma company Chairperson Leena Gandhi-Tiwari, the Mumbai
*Birth of a goliath – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/birth-of-a-goliath/article65291218.ece The HDFC-HDFC Bank merger, prompted by regulatory changes, will create a bank of scale Policymakers and industrialists in India have repeatedly bemoaned the
*Unwarranted confidence over external finances – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/unwarranted-confidence-over-external-finances/article65291233.ece Surge in external commercial borrowing and short-term debt have added to the external vulnerabilities /iStockphoto suman bhaumik Surge in external commercial borrowing and
*SEBI introduces instruction slips for share pledging – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/sebi-introduces-instruction-slips-for-share-pledging/article65291190.ece An employee works inside an office of a private share trading firm in Kolkata on February 1, 2021. – India unveiled a massive
*Stocks may come under pressure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/stocks-may-come-under-pressure/article65291194.ece FPIs expected to rebalance their stance on HDFC, HDFC Bank stocks The stance taken by FPIs on the stocks of HDFC twins –
CBDT notifies Introduction of Artificial Intelligence for Assessment Proceedings u/s 142 of Income Tax Act, 1961–TAXSCAN
lipped from: https://www.taxscan.in/cbdt-notifies-introduction-of-artificial-intelligence-for-assessment-proceedings-u-s-142-of-income-tax-act-1961/165117/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=AI Top Stories By Taxscan Team – On March 31, 2022 12:31 pm The Central Board of Direct Taxes (CBDT) has notified the Faceless Inquiry or Valuation Scheme, 2022
Benefit under Vivad Se Vishwas Scheme is Optional: Calcutta HC condones Delay in Appeals filed by Revenue in Rs. 38,000 Crores Penny Stock Scam–TAXSCAN
Clipped from: https://www.taxscan.in/benefit-under-vivad-se-vishwas-scheme-is-optional-calcutta-hc-condones-delay-in-appeals-filed-by-revenue-in-rs-38000-crores-penny-stock-scam/165979/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Vivad%20Se%20Vishwas%20Scheme Top Stories By Rasheela Basheer – On April 4, 2022 11:08 am A division bench of the Calcutta High Court, while condoning the delay in a
Violation of Principles of Natural Justice and Non-Compliance of Provisions of S. 144B of the Income Tax Act: Calcutta HC quashes Assessment
Clipped from: https://www.taxscan.in/violation-of-principles-of-natural-justice-and-non-compliance-of-provisions-of-s-144b-of-the-income-tax-act-calcutta-hc-quashes-assessment/165985/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Calcutta%20HC Top Stories By Rasheela Basheer – On April 4, 2022 12:33 pm The Calcutta High Court has quashed an assessment order under section 143(3) of the
CBDT notifies Income Tax (5th Amendment) Rules, 2022: Revises Income Tax Return Form-7–TAXSCAN
Clipped from: https://www.taxscan.in/cbdt-notifies-income-tax-5th-amendment-rules-2022-revises-income-tax-return-form-7/166140/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=ITR%20-%207 Top Stories By Taxscan Team – On April 4, 2022 4:16 pm The Central Board of Direct Taxes (CBDT) has notified the Income Tax (5th Amendment) Rules, 2022
Pizza toppings: Bringing science into GST!–TAXSCAN
Clipped from: https://www.taxscan.in/pizza-toppings-bringing-science-into-gst/166107/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Pizza Columns By Jigar Doshi & Nikita Maheshwari – On April 4, 2022 6:03 pm One item on the Italian cuisine that everybody is fond of is
Ready to Eat Popcorn Attracts 18% GST: AAR–TAXSCAN
Clipped from: https://www.taxscan.in/ready-to-eat-popcorn-attracts-18-gst-aar/166226/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=PopCorn Top Stories By Jwala K.P – On April 4, 2022 7:51 pm The Telangana State Authority for Advance Ruling ( AAR ) has held that ready-to-eat
*Overseas Indians float local trusts to escape RNOR tag – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/invest/overseas-indians-float-local-trusts-to-escape-rnor-tag/articleshow/90628847.cms Synopsis The status of an RNOR lies in between that of a non-resident Indian who stays more than 181 days in the country
*Explain Speaking: How is India’s exchange rate related to its current account deficit, forex reserves, and balance of payment? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/india-exchange-rate-current-account-deficit-forex-balance-of-payment-7851688/ Essentially, the BoP allows us to figure out the rupee’s exchange rate vis-a-vis the different currencies. What is BoP, how does it balance
*Sri Lanka’s nosedive into economic chaos holds global lessons | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/sri-lankas-nosedive-into-economic-chaos-holds-global-lessons-1097013.html Fashionable liberal ideas like organic farming added to Sri Lanka’s woes Representative picture. Credit: PTI Photo For years Sri Lanka was held as
*Not a design flaw of Putin’s strategy: Ukraine’s refugee crisis and the world’s big test | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/not-a-design-flaw-of-putin-s-strategy-ukraines-refugee-crisis-and-the-worlds-big-test-1096989.html Opening the doors wide to European refugees raises an inevitable comparison to the treatment of refugees from Syria, Afghanistan and other countries Refugees
*India shouldn’t fall for Putin’s rupees-for-rubles deal | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/india-shouldn-t-fall-for-putin-s-rupees-for-rubles-deal-1096643.html Russia is reportedly offering India a $35 discount per barrel on the pre-war price of flagship Urals grade oil Russian President Vladimir Putin
*Inflation and the implications of taking supply-side path for growth | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/inflation-and-the-implications-of-taking-supply-side-path-for-growth-1097371.html inflation The fiscal policy of the Union government is highly paradoxical in nature while realising the growth targets. Deriving pieces of evidence from