Clipped from: https://economictimes.indiatimes.com/news/economy/finance/taxman-rejects-exemption-on-interest-income-of-several-housing-societies/articleshow/88217111.cmsSynopsis Housing societies have been claiming exemptions on income earned from other co-operatives, which in most cases is interest income on savings held in
Author: Anil R Tikotekar
‘India frontrunner in replacing China as steel factory of the world’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/india-frontrunner-in-replacing-china-as-steel-factory-of-the-world/article37927909.ece Sajjan Jindal says a few assertive steps would ensure sustainable growth of the industry India would be able to develop globally competitive steel
Confident all major merchants on our platform will go live with tokenisation before deadline kicks-in: Razorpay CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/confident-all-major-merchants-will-go-live-with-tokenisation-before-deadline-kicks-in-razorpay-ceo/article37922662.ece Harshil Mathur, Co-founder and CEO, Razorpay (file pic) – Bijoy Ghosh Harshil Mathur, Co-founder and CEO, Razorpay (file pic) – Bijoy Ghosh1/2 Harshil
Tractor sales hit rough patch in Nov, production at 11-month low – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/tractor-sales-hit-rough-patch-in-nov-production-at-11-month-low/article37927985.ece Sales slump 22.5% y-o-y on high-base effect, excessrains and delays in harvesting After hitting a historic high in domestic sales in October, the
Banks want more time to meet card-on-file tokenisation norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-want-more-time-to-meet-card-on-file-tokenisation-norms-sources-121121001294_1.html Tokenisation is the process of replacing the debit and credit card numbers with a set of characters or tokens There have been some
Indian steel prices won’t fall as much as global rates: JSW’s Seshagiri Rao | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/indian-steel-prices-will-not-see-same-fall-as-global-rates-jsw-steel-md-121120900357_1.html JSW Steel MD and group CFO Seshagiri Rao said Indian steel prices were at a discount to international prices during the rally and
IIP growth dips to eight-month low of 3.2% in Oct as manufacturing drags | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/iip-growth-dips-to-eight-month-low-of-3-2-in-oct-as-manufacturing-drags-121121001096_1.html The index had risen 4.5 per cent in October last year against 1 per cent in the previous month Within manufacturing, motor vehicles,
Passenger vehicle sales dip 19% in Nov as chip shortage woes continue: SIAM | Business Standard News
Clipped from: https://www.business-standard.com/article/automobile/passenger-vehicles-sales-dip-19-in-nov-as-chip-crunch-woes-continue-siam-121121000452_1.html ‘In the festive season, industry was hoping to make up for the lost ground, but the sales in the month of November 2021,
Banks want more time to meet card-on-file tokenisation norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-want-more-time-to-meet-card-on-file-tokenisation-norms-sources-121121001294_1.html Tokenisation is the process of replacing the debit and credit card numbers with a set of characters or tokens There have been some
RBI does well to focus on growth; it may wait till February to act on rates – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rbi-does-well-to-focus-on-growth-it-may-wait-till-february-to-act-on-rates/2384875/ Right signalling key to avoid disrupting markets The informal economy remains very fragile, and for all the good farm output, the terms of
Raghuram Rajan dismisses V-shaped recovery, says India needs to grow at 8-9% to create jobs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/raghuram-rajan-dismisses-v-shaped-recovery-says-india-needs-to-grow-at-8-9-to-create-jobs/articleshow/88203190.cmsSynopsis Dismissing talk of a V-shaped recovery, he said growth after a bad enough situation will always be V-shaped and the real challenge before
Razorpay launches solutions to improve conversions, ease tax payments, and more for small businesses – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-razorpay-launches-solutions-to-improve-conversions-ease-tax-payments-and-more-for-small-businesses/2385148/ Technology for MSMEs: Razorpay said it is looking to achieve $90 billion in total payment volume (TPV) by the end of 2022 in
Banks want more time to meet card-on-file tokenisation norms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-want-more-time-to-meet-card-on-file-tokenisation-norms-sources-121121001294_1.htmlThere have been some recent incidents where card data stored by some merchants have been compromised or leaked Some of the commercial banks are likely to
Monetary policy: Is the RBI MPC being too clever by half? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/monetary-policy-is-the-rbi-mpc-being-too-clever-by-half-121121001045_1.html It can be argued, out of common sense, that those who desperately needed liquidity during the pandemic got it, which should prompt RBI
CarTrade share price: You might not be able to recover your investment in CarTrade even after a year – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/you-might-not-be-able-to-recover-your-investment-in-cartrade-even-after-a-year/articleshow/88205304.cmsSynopsis Going by the views of the first analyst to start coverage on the stock, you might not recover your investment even after a
Which gifts are taxable for the recipient and which ones can increase tax liability of giver – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/which-gifts-are-taxable-for-the-recipient-and-which-ones-can-increase-tax-liability-of-giver/articleshow/88199351.cmsSynopsis It is also essential for individuals to evaluate their transactions to check if they fall under any of the taxable scenarios covered. If
How to get an instant e-PAN – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-get-an-instant-e-pan/articleshow/88087282.cmsSynopsis An e-PAN holds the same value as a physical PAN card issued using the standard PAN application procedure. The income tax department has a service
What will it take to sustain the recovery? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-will-it-take-to-sustain-the-recovery-121120901414_1.html A return to a high growth path will not happen on account of market forces alone Four factors will have a crucial bearing
SEBI mulls norms to regulate algo trading by retail investors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/sebi-mulls-norms-to-regulate-algo-trading-by-retail-investors/article37917505.ece?homepage=true Wants to police third-party unregulated algo platforms to prevent mis-selling Algorithmic (algo) traders in the retail segment of the stock market are likely
Internet firms must show they can generate cash, profits soon: Axis Bank MD | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/internet-firms-must-show-they-can-generate-cash-profits-soon-axis-bank-md-121120900816_1.html Amitabh Chaudhry makes this statement at a discussion on new-age internet companies drawing high valuations, sometimes even higher than the traditional businesses Amitabh