Clipped from: https://www.thehindubusinessline.com/economy/retail-depositors-earning-negative-returns-relook-taxation-on-interest-sbi-economists/article36590209.ece?homepage=true The note suggests revisiting taxation of bank deposit interest, or at least increasing the threshold of exemption for senior citizens, Retail depositors are
Author: Anil R Tikotekar
Streamline consent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/streamline-consent/article36592553.ece?homepage=true Tighter timelines are welcome, but transparency is needed on the rationale for consent decisions It has been 15 years since the Securities Exchange
How to boost export of high-end products – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-boost-export-of-high-end-products/article36592657.ece?homepage=true Lowering duties on inputs, inviting investment by large firms in critical products and eschewing pure assembly, will help Just a few decades back,
Registration mandatory under MSME Act – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/registration-mandatory-under-msme-act/article36555608.ece?homepage=true A question that often arose was whether the counter parties — the buyers — would, despite, not being MSMEs, be able to raise
Over 40% of Indian unicorns have been created in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/over-40-of-indian-unicorns-have-been-created-in-2021/article36585307.ece?homepage=true This picture is used for representational purpose only. – z_wei This picture is used for representational purpose only. – z_wei× A unicorn is
Focus on agri-exports | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/focus-on-agri-exports-121092101502_1.html The pandemic-driven bonanza will not last The government’s reported plan to reintroduce transport and marketing support for agricultural exports is a timely move. It will
A stalled growth engine | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-stalled-growth-engine-121092101494_1.html Household debt-fuelled growth is not sustainable The question of whether private consumption demand, particularly from households, can fuel India’s post-pandemic growth revival is
Cash-strapped Evergrande Group misses loan payments to two banks | Business Standard News
Clipped from: https://www.business-standard.com/article/international/cash-strapped-evergrande-group-misses-loan-payments-to-two-banks-121092200074_1.html Evergrande has borrowed about 572 billion yuan ($88.5 billion) from banks and other financial institutions including trusts, with nearly half due in less
Foreign investors want Sebi to delay shorter trade settlement plan | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/foreign-investors-want-india-to-delay-shorter-trade-settlement-plan-121092200150_1.html Sebi’s plan could push foreign investors to upgrade their custodial arrangements, spend more on foreign exchange charges and other costs. Photo: Bloomberg India
Putting India’s exports on a sustained growth path – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/putting-indias-exports-on-a-sustained-growth-path/2334797/ The government needs to invest in transport and logistics rather than rely on ad hoc export promotion measures, which have failed to boost
Is the recovery in real estate in India sustainable? – The Financial Express
Clipped from: https://www.financialexpress.com/money/is-the-recovery-in-real-estate-in-india-sustainable/2334569/ Though the Indian real estate market is reeling under the COVID-19 impact, it can be a very positive time for home buyers. Even
Income Tax – Capital gains on sale of flat to be shown in ITR in year of sale – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-capital-gains-on-sale-of-flat-to-be-shown-in-itr-in-year-of-sale/2334872/ To avail the exemption under Section 54, capital gains on sale of property have to be re-invested in new residential property within 2
Banks should not ‘try to imitate’ fintech in process of re-imagination of biz models: Ex RBI deputy governor Mundra – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/banks-should-not-try-to-imitate-fintech-in-process-of-re-imagination-of-biz-models-ex-rbi-deputy-governor-mundra/2334846/ Growingly, it is looking like banks are evolving as the fintech companies, which also do the business of accepting deposits and do lending,
GST clarifications to benefit IT industry – The Financial Express
Clipped from: https://www.financialexpress.com/industry/gst-clarifications-to-benefit-it-industry/2334962/ The IT industry will also benefit from another clarification that GST refunds could be claimed by exporters when exporting services to their parent
Demand Seen: Loan guarantee scheme to stay through FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/economy/demand-seen-loan-guarantee-scheme-to-stay-through-fy22/2334991/ “There is also a chance that initially, it may be extended by three months through December 2021, which could be followed by another
Can you claim Income Tax benefit on HRA if living with parents during work from home? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/can-you-claim-income-tax-benefit-on-hra-if-living-with-parents-during-work-from-home/2334671/ Income Tax benefits on HRA during work from home: Tax exemption on House Rent Allowance (HRA) is an important benefit available to salaried
hdfc bank: India’s largest private lender, HDFC Bank, plots path to double retail loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indias-largest-private-lender-hdfc-bank-plots-path-to-double-retail-loans/articleshow/86388400.cmsSynopsis This would mark a sharp turnaround from the bank’s last year’s strategy when it slowed down retail lending due to a rise in
online sale: India’s plan for tighter e-commerce rules faces internal government dissent: Documents – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/indias-plan-for-tighter-e-commerce-rules-faces-internal-government-dissent-documents/articleshow/86392753.cmsSynopsis Finance ministry, the ministry of corporate affairs and the NITI Aayog have raised objections saying the proposals go far beyond their stated aim
Insurers must reimburse Customs under marine policy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/insurers-must-reimburse-customs-under-marine-policy-121091200793_1.html The National Commission ordered the insurer to pay the Rs 16.65 cr together with interest at 9% per annum from January 1 Suzuki
Auto majors must take advantage of sops: Arun Goel – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/auto-majors-must-take-advantage-of-sops/article36572696.ece?homepage=true We don’t look at one particular company. We are supporting the entire industry, Says Arun Goel, Secretary, Ministry of Heavy Industries Our Bureau The