Clipped from: https://www.financialexpress.com/money/rbi-order-restricts-mastercard-from-onboarding-new-customers-check-impact-on-debit-card-credit-card-users/2290314/ The Reserve Bank of India has restricted Mastercard Asia/Pacific Pte. Ltd. (Mastercard) from onboarding new domestic customers onto its network from July 22nd
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.
Proposed global tax regime will benefit India: Pascal Saint-Amans, director-tax, OECD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/proposed-global-tax-regime-will-benefit-india-pascal-saint-amans-director-tax-oecd/articleshow/84429083.cms SynopsisEarlier this month, 130 countries and jurisdictions signed an agreement to reform international tax rules and ensure that multinational enterprises (MNEs) pay their
India’s ban on Mastercard to hit banks’ card operations, income: Sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indias-ban-on-mastercard-to-hit-banks-card-operations-income-sources/articleshow/84436120.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Though existing customers will not be hit, business impact will be significant as banks need to sign new commercial deals with rival networks
RBI Mastercard Ban: Decoded: How RBI’s latest ban on Mastercard affects you – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/decoded-rbis-latest-move-to-ban-mastercard-from-issuing-new-cards/articleshow/84433861.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The RBI said that the restrictions have been imposed as in spite of lapse of considerable time and adequate opportunities being given, the
India has created ‘perverse incentives’ for firms to stay small. Here’s how to fix it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/india-has-created-perverse-incentives-for-firms-to-stay-small-heres-how-to-fix-it/articleshow/84429512.cms SynopsisIncentives meant to help Indian SMEs have an unintended and undesirable result. Most small businesses start small and stay small throughout their life.
The Hindu: Breaking News, India News, Sports News and Live Updates
Clipped from: https://www.thehindu.com/sci-tech/health/interview-mental-healthcare-must-be-integrated-with-physical-healthcare-says-nimhans-director/article35337734.ece?homepage=true Asking people about how they are feeling, if they are sleeping well, if their mood is stable should be part of routine healthcare,
Demand for 2, 3 BHKs in Mumbai sees 18% on-year rise in June quarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/demand-for-2-3-bhks-in-mumbai-sees-18-on-year-rise-in-june-quarter/articleshow/84431778.cmsSynopsis Various factors have been driving this increased demand for larger homes in Mumbai, including easy and affordable payment plans offered by the developers,
Why do you need the ‘colonial law’ of sedition after 75 years of Independence, CJI asks govt. – The Hindu
Clipped from: https://www.thehindu.com/news/national/is-this-law-necessary-sc-seeks-centres-response-on-pleas-challening-sedition-law/article35336402.ece?homepage=true The law, used against Mahatma Gandhi and Bal Gangadhar Tilak, is prone to misuse by the government, says Chief Justice N.V. Ramana Chief
Essentially non-essential! – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/essentially-non-essential/article35326761.ece?homepage=true Economists’ battle to keep their services ‘essential’ It has now been two lockdowns in Maharashtra — the nation-wide lockdown last year, and the
How India Inc benefited from the pandemic – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/how-india-inc-benefited-from-the-pandemic/article35326878.ece?homepage=true Larger listed companies gained at the expense of smaller businesses and used the period to improve their balance sheets The movement of the
Demonetisation, a success – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/demonetisation-a-success/article35326808.ece?homepage=true With ED turning the screws, the game has just begun It is reported that the Enforcement Directorate (ED) has filed a charge sheet
Shuttered brokerages hit retail investors badly – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/shuttered-brokerages-hit-retail-investors-badly/article35330056.ece?homepage=true Many declared defaulters for misusing client funds, securities Thousands of retail investors have been left high and dry with over two dozen stockbroking
Banks may encounter legal hurdles in invoking personal guarantees | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-may-encounter-legal-hurdles-in-invoking-personal-guarantees-121071401447_1.html Experts say most promoters don’t register assets under their names Some foreign banks hire detectives to gather information on promoters’ assets stashed overseas,
Land loan vs Home loan: How land loan differs from home loan in terms of eligibility, loan amount, tenure, tax, interest rate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/how-land-loan-differs-from-home-loan-in-terms-of-eligibility-loan-amount-tenure-tax-interest-rate/articleshow/84168587.cmsSynopsis While home loan can be taken even for a property outside the municipal area, however, a land which is in a village or
Creating new money has downsides: RBI governor Shaktikanta Das – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/creating-new-money-has-downsides-rbi-governor-shaktikanta-das/2290409/ RBI has no rate fixation, orderly evolution of yield curve a public good, says governor He strongly rebutted the notion that a sharper
sbi kyc fraud: SBI alerts about online KYC fraud: Tells customers how to keep bank account safe – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/sbi-alerts-about-online-kyc-fraud-tells-customers-how-to-keep-bank-account-safe/articleshow/84370088.cmsSynopsis In order to spread awareness among customers about KYC frauds that have been doing the rounds, the country’s largest bank, State Bank of
Gems, jewellery exports bounce back to pre-pandemic levels – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/gems-jewellery-exports-bounce-back-to-pre-pandemic-levels/articleshow/84403840.cmsSynopsis The overall gross exports of gems and jewellery witnessed a growth of 8.46% to Rs. 67,265.66 crore during April – June of 2021
Bibek Debroy on why there’s a need to reform the idea of reform – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/bibek-debroy-on-why-theres-a-need-to-reform-the-idea-of-reform/articleshow/84421510.cmsSynopsis Yet, when agendas are drawn up for reform, typically by economists, the institutional setting is often ignored. I have in mind the other
Approval of unit holders was necessary for winding up of Franklin schemes: Supreme Court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/mf/mf-news/approval-of-unit-holders-was-necessary-for-winding-up-of-franklin-schemes-supreme-court/articleshow/84418845.cmsSynopsis The Supreme Court on Wednesday ruled that approval of unit holders was required for winding up of mutual fund schemes in the Franklin
Four years of GST: Many hits but a few misses – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/four-years-of-gst-many-hits-but-a-few-misses-301252-2021-07-13 The government has made a commendable effort in consolidating various central and state indirect tax levies into a single tax levy. GST is
aniltikotekar4sme.com 