Clipped from: https://www.financialexpress.com/money/your-money-stranded-staff-in-india-look-to-cbdt-sc-for-tax-relief/2275747/ As per Income-Tax Act, based on number of days of stay and other conditions, such stranded employees could qualify as ‘non-resident’ or ‘not
Author: Anil R Tikotekar
Can you prepay your dead brother’s loan from your funds? – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-4/2275748/ In a personal loan, sometimes banks call for the guarantor to pay the loan outstanding if the borrower is deceased. The payment of
Inflation outlook turns more uncertain – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inflation-outlook-turns-more-uncertain/2275778/ Producer price jump a past replay, with demand making a critical difference It is like believing the cobra has been defanged; it can
Cooperative banks need a single regulator – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/cooperative-banks-need-a-single-regulator/2275780/ PMC episode and the role of state govts underscores the need for this, need to amend relevant laws The Vishwanathan committee will soon
jet airways: Bankruptcy court approves Kalrock-Jalan’s resolution plan for revival of Jet Airways – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/bankruptcy-court-approves-kalrock-jalans-resolution-plan-for-revival-of-jet-airways/articleshow/83741240.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Mumbai bench of the National Company Law Tribunal presided by judicial members – Janab Mohammed Ajmal and V Nallasenapathy while allowing the
itr: Banks to check if you have filed ITR when income crosses TDS limit from July 1, levy 2X TDS if not – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/banks-to-check-if-you-have-filed-itr-when-income-crosses-tds-limit-from-july-1-levy-2x-tds-if-not/articleshow/83739110.cmsSynopsis The objective of this newly inserted provision in the Income-tax Act, 1961 is to ensure that income tax return filing compliance is fulfilled
Govt mulling measures to bolster governance & HR practices in public sector banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-mulling-measures-to-bolster-governance-hr-practices-in-public-sector-banks/articleshow/83735541.cmsSynopsis Some of the key proposals include longer tenure for executive directors, hiring of specialists in areas such as NPA management and fast track
Jobless rate up again – The Financial Express
Clipped from: https://www.financialexpress.com/economy/jobless-rate-up-again/2275769/ CMIE’s MD and CEO Mahesh Vyas, in an article earlier in the month, had said the spike in unemployment rate implied that a
Do lower rates hurt savers? Not quite, says RBI research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/do-lower-rates-hurt-savers-not-quite-says-rbi-research/articleshow/83734985.cmsSynopsis Economic models suggest that loss of interest income is made up by a rise in demand and wages, as per views put forth
Pay that Rs 4 lakh Covid compensation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/pay-that-rs-4-lakh-covid-compensation/articleshow/83735371.cmsSynopsis It would make eminent political sense as well for the government to come forward to help out families in times of need. In
Relief for PNB Housing Finance: SAT allows vote on Carlyle’s Rs 4,000-crore infusion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/relief-for-pnb-housing-finance-sat-allows-vote-on-carlyles-rs-4000-crore-infusion/articleshow/83716397.cmsSynopsis The shareholders’ meet is scheduled on June 22. Market regulator Securities & Exchange Board of India had last week told PNB Housing not
How to save the IBC from the NCLT – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-to-save-the-ibc-from-the-nclt/2275775/ Failure to reform the NCLT will bleed the banking sector and kneecap the government’s flagship reform In the interim, additional courts may be
WhatsApp urges HC to stay CCI’s notice – The Financial Express
Clipped from: https://www.financialexpress.com/industry/privacy-policy-whatsapp-urges-hc-to-stay-ccis-notice/2275850/ Monday was the last day for furnishing the information sought by the competition watchdog in relation to a probe ordered by it in
Stricter e-commerce norms to come in, flash sales may be history – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/stricter-e-commerce-norms-to-come-in-flash-sales-may-be-history/articleshow/83720596.cmsSynopsis As per the new draft regulations, no e-commerce entity shall allow any display or promotion of misleading advertisements, whether in the course of
FIDC urges govt to address issues of MSME borrowers & NBFCs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/fidc-urges-govt-to-address-issues-of-msme-borrowers-nbfcs-121062000295_1.html The Finance Industry Development Council (FIDC) has urged the Ministry of Micro, Small & Medium Enterprises (MSME) to address issues faced by MSME
Will co-lending in new avatar fly? It may, but not in a way it was imagined | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/will-co-lending-in-new-avatar-fly-it-may-but-not-in-a-way-it-was-imagined-121062000818_1.html One problem that is yet to be fully resolved is how to marry the low-cost funds of banks with the lower operational costs
Relief for MSME promoters under debt scheme likely | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/covid-19-crisis-relief-for-msme-promoters-under-debt-scheme-likely-121062000979_1.html The government had, in May last year, announced a slew of measures to help MSMEs tide through the Covid-19 crisis. The response to
There is a silent kirana revolution happening in India: Marico MD & CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/there-is-a-silent-kirana-revolution-happening-in-india-marico-md-ceo-121062000875_1.html In an interview with Viveat Susan Pinto, Saugata Gupta responds to questions regarding competitive intensity in honey, overall consumer confidence and the way
Explain logic in one-time settlement of Siva Industries: NCLT to lenders | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/explain-rationale-in-one-time-settlement-of-siva-industries-nclt-121062000302_1.html PSU banks to get 26% of dues after third party guarantor payments The National Company Law Tribunal (NCLT), Chennai, has asked lenders to
RBI showers its blessings on local audit firms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-showers-its-blessings-on-local-audit-firms/article34877448.ece New audit norms have given firms the much-needed push, but it will take them some more time to grow big to a global