Clipped from: https://www.business-standard.com/article/opinion/reform-reversal-122040300993_1.html States should not go back on pensions There is a wide consensus among experts that India needs to take the economic reforms process
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
*The NPS challenge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-nps-challenge-122040400010_1.html We need to hang in there, to create safety for pensioners and the Indian state The Old Pension System (OPS) was an important
-Energy geopolitics and LNG | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/energy-geopolitics-and-lng-122040400011_1.html The Russia-Ukraine war has put the spotlight on the role of liquefied natural gas (LNG) in the global energy futures I am at
HDFC Bank clocks 21% loan growth at Rs 13.69 trillion in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/hdfc-bank-clocks-21-loan-growth-at-rs-13-69-trillion-in-fy22-122040300758_1.html The growth in advances was about 8.6% over Rs 12.60 trillion as of December 31, 2021, the bank informed BSE Photo: Bloomberg Reflecting
*Bond trade gains of banks may be down 30%, says India Ratings | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bond-trade-gains-of-banks-may-be-down-30-says-india-ratings-122040400029_1.html The rating agency’s assessment showed the yield on benchmark 10-year government bonds rose 66 basis points in FY22 to close at 6.84 per
-India on cusp of major economic recovery: Niti Aayog VC Rajiv Kumar | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-on-cusp-of-major-economic-recovery-niti-aayog-vc-rajiv-kumar-122040300235_1.html Talks of possible stagflation are “overhyped”: Kumar Niti Aayog Vice Chairman Rajiv Kumar India is on the cusp of a major economic recovery and talks
*Exports rise 40% to touch $418 bn in FY22, surpass govt target by 5% | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exports-rise-40-to-touch-418-bn-in-fy22-surpass-govt-target-by-5-122040300599_1.html The growth was driven by higher demand for items in the petroleum, gems and jewellery, engineering products The value of goods exported from
*India’s FY23 GDP growth estimated at 7.4%, RBI rate hike by year end: Ficci | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-fy23-gdp-growth-estimated-at-7-4-ficci-survey-122040300687_1.html RBI is likely to start a rate hike cycle in the second half of 2022, while a repo rate hike of 50-75 bps
*India’s health budget still in need of improvement, shows data | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/india-s-health-budget-still-in-need-of-improvement-shows-data-122040300926_1.html There is the problem of the current infrastructure being able to absorb higher levels of funding Funding to this crucial department has been
*Unviable populist schemes may create SL-like situation: Bureaucrats to Modi | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/bureaucrats-express-concern-over-unviable-populist-schemes-by-states-in-meeting-with-pm-modi-122040300780_1.html A few senior bureaucrats raised concern to PM Modi over populist schemes announced by several states, claiming they are economically unsustainable and could
*Re-Assessment solely based on Information from Investigation Wing is Invalid without Independent Inquiry by AO: ITAT
Read More: https://www.taxscan.in/re-assessment-solely-based-on-information-from-investigation-wing-is-invalid-without-independent-inquiry-by-ao-itat/164250/ Clipped from: https://www.taxscan.in/re-assessment-solely-based-on-information-from-investigation-wing-is-invalid-without-independent-inquiry-by-ao-itat/164250/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Delhi%20bench%20of%20the%20ITAT Top Stories By Rasheela Basheer – On March 28, 2022 10:44 am The Delhi bench of the ITAT comprising Shri R. K. Panda, Accountant Member
*Raising Objection is a Valuable Legal Right of Assessee, Dept cannot deny it: ITAT–TAXSCAN
Read More: https://www.taxscan.in/raising-objection-is-a-valuable-legal-right-of-assessee-dept-cannot-deny-it-itat/164399/ Clipped from: https://www.taxscan.in/raising-objection-is-a-valuable-legal-right-of-assessee-dept-cannot-deny-it-itat/164399/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Objection Top Stories By Taxscan Team – On March 28, 2022 7:02 pm The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the
*****Extend NPA classification period to 180 days from 90 days for MSMEs: FICCI’s Economic Outlook Survey | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-extend-npa-classification-period-to-180-days-from-90-days-for-msmes-ficcis-economic-outlook-survey/2480355/ Ease of Doing Business for MSMEs: The survey, conducted in March 2022 among economists to forecast key macro-economic variables for FY23 and for
*****ship containers: Thousands of Russia-linked ship containers pile up in Rotterdam – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/thousands-of-russia-linked-ship-containers-pile-up-in-rotterdam/articleshow/90619438.cms Synopsis Russian business is a significant part of the port’s operations, as of the roughly 470 million tons transshipped through the facility each
*****PLI scheme: Govt mulls modifications in PLI Scheme for speciality steel; extends last date for application till April 30 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/govt-mulls-modifications-in-pli-scheme-for-speciality-steel-extends-last-date-for-application-till-april-30/articleshow/90621192.cms Synopsis On July 22 last year, the Union Cabinet chaired by Prime Minister Narendra Modi had approved a Rs 6,322-crore PLI scheme to
*****ITR forms for FY 2021-22 notified, no major changes in income tax return forms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-forms-for-fy-2021-22-notified-no-major-changes-in-income-tax-return-forms/articleshow/90588604.cms Synopsis The income tax return forms notified by the CBDT for FY 2021-22 have been kept unchanged. The individuals are required to provide
*****Government’s open data push sets off alarms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/governments-open-data-push-sets-off-alarms/articleshow/90503805.cms SynopsisThe Ministry of Electronics and Information Technology (Meity) released a draft of the India Data Accessibility and Use Policy 2022 for public consultation
*I-T probe on Mukesh Ambani family closed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/i-t-probe-on-mukesh-ambani-family-closed/articleshow/90599997.cms Synopsis These sources added that the probe initiated in 2019 under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax
*Indian banks need to get way smarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-indian-banks-need-to-get-way-smarter/articleshow/90598830.cms Synopsis Even though banking is ahead of other industries in analytics maturity, there is still enough room for more innovation. Early adopters of
supreme court: ‘Very sorry state of affairs’: SC over delay in execution of arbitral awards – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/very-sorry-state-of-affairs-sc-over-delay-in-execution-of-arbitral-awards/articleshow/90608117.cms Synopsis The apex court said this case is a glaring example of frustrating the arbitration proceedings under the Arbitration Act. It noted that
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