Clipped from: https://www.business-standard.com/article/opinion/limits-of-progress-121122901497_1.html Covid-19 still poses risks for the banking system The banking sector was expected to suffer significantly because of the pandemic-related economic disruption. India opted for
Author: Anil R Tikotekar
Just 3 days left for filing ITR, what happens if you miss the deadline | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/3-days-left-for-filing-itr-what-happens-if-you-miss-the-dec-31-deadline-121122901260_1.html The due date for ITR filing for the fin ancial year 2020-21 (the assessment year 2021-22) has been extended twice Income tax returns (ITR) filing
ITR for Assessment Year 2020-21 can be verified till Feb 28 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/itr-for-assessment-year-2020-21-can-be-verified-till-feb-28/article38060448.ece The Central Board of Direct Taxes (CBDT) has provided a one-time relaxation for verification of e-filed ITRs for AY2020-21 If you are yet
‘Matter of right’ for assessee: I-T Dept allows oral hearing via video conferencing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/matter-of-right-for-assessee-it-dept-allows-oral-hearing-via-video-conferencing/article38063166.ece Earlier, it was at the discretion of the dept The Income Tax Assessee can now avail an oral hearing through video conferencing (VC)
Plugging gaps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/plugging-gaps/article38065715.ece SEBI’s latest moves in primary market and MFs are welcome as they fix regulatory gaps The flurry of regulatory changes announced by the
Economy likely to see steady growth in 2022 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/economy-likely-to-see-steady-growth-in-2022/article38065884.ece Despite impediments like Omicron, and weak job and growth impulses, strong exports and capex could help revive growth The coronavirus pandemic continues to
E-buses not a great idea for India – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/e-buses-not-a-great-idea-for-india/article38065591.ece E-bus hurdle The cons outweigh the pros for electric bus R Ragu – The Hindu E-bus hurdle The cons outweigh the pros for
Seeing cloud as a liberator – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/seeing-cloud-as-a-liberator/article38065607.ece Firms, free from routine tasks, can develop unique products After years of the cloud revolution, it is clear that there is tremendous value
Success rate for discounting MSME receivables on TReDS improved in FY21: RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/success-rate-for-discounting-msme-receivables-on-treds-improved-in-fy21-rbi/article38061450.ece TReDS is an electronic platform for facilitating the financing/discounting of trade receivables of MSMEs through banks and non-banking finance companies The success rate
FinMin notifies revised HSN for GST purpose – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finmin-notifies-revised-hsn-for-gst-purpose/article38064686.ece New Harmonised System of Nomenclature will be applicable on various food, non-food items The Finance Ministry has notified new HSN (Harmonised System of
Time to institutionalise valuation profession – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/time-to-institutionalise-valuation-profession/article38065633.ece This will not only ensure valuers are accountable for the services rendered, but will also give the profession a status boost The market
Auto-debit bounces above 30% in November – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/auto-debit-bounces-above-30-in-november/2393457/ In terms of value, the bounce rate on auto-debit requests stood at 25.16%, slightly worse than 24.83% in October. EMI payments to smaller
Sarfaesi outperforms IBC in FY21 loan recovery: RBI data – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/sarfaesi-outperforms-ibc-in-fy21-loan-recovery-rbi-data/2393187/ While fresh referrals under the insolvency law were suspended for a year up to March 2021, that had no bearing on these figures
Banking trends: Appearances deceive – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/banking-trends-appearances-deceive/articleshow/88575018.cmsSynopsis Increased profitability stems not from a thriving loan business but from depressing the rates on deposits, bond trading and write-back of provisioning on
Income Tax Return: How to enter LTCG details on multiple SIP transactions quickly – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-return-how-to-enter-ltcg-details-on-multiple-sip-transactions-quickly/2393638/ After redeeming their investments, equity MF investors face a daunting task of entering investment-wise details of long-term capital gain in their ITR. With
More and more Indians are giving up their citizenship. Here’s why – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/more-and-more-indians-are-giving-up-their-citizenship-heres-why/articleshow/88564732.cmsSynopsis Indians who become citizens of another country have to give up their Indian passport because the country does not offer dual citizenship, but
More healthcare businesses keen to take a shot at primary market – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/more-healthcare-businesses-keen-to-take-a-shot-at-primary-market/articleshow/88555711.cms SynopsisDespite being people-centric, the workings of the Indian healthcare industry are not largely known to the public. The Indian healthcare ecosystem is fragmented,
Direct selling companies banned from promoting pyramid schemes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/direct-selling-companies-banned-from-promoting-pyramid-schemes/articleshow/88555482.cmsSynopsis Direct sellers must have at least one physical location as their registered office within the country and make a declaration that they are
The efficiency myth of Aadhaar linking – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-efficiency-myth-of-aadhaar-linking/article38067084.ece The Government has made several dubious claims to push the Aadhaar project The Union Government hastily passed a Bill to link voter IDs
Income-Tax department eases norms for ‘faceless’ appeal scheme – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/income-tax-department-eases-norms-for-faceless-appeal-scheme/article38067104.ece Commissioner (Appeals) to allow hearing via video The Income Tax department has brought in changes to the existing faceless appeal scheme, easing the
