Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/rbis-new-audit-norms-to-ensure-no-repeat-of-ilfs-dhfl-yes-bank/articleshow/82992690.cms Joel Rebello–Editor, The Economic TimesJoel has been a financial journalist for more than 14 years, specializing in banks. He has been with The
Author: Anil R Tikotekar
Centre working on packages for those who lost sole breadwinner, orphaned children – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/centre-working-on-packages-for-those-who-lost-sole-breadwinner-orphaned-children/articleshow/82985618.cmsSynopsis Discussions have been held with stakeholder ministries to ready the package at the earliest, given the huge financial impact such families are facing.
Vaccination: The $5 trillion question | Business Standard Column
The answer to the question of how to vaccinate a billion Indians is perhaps to be found in basic economics What is the most important
The coming long spell of demand drought | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-coming-long-spell-of-demand-drought-121052601504_1.html Looks like India’s demand curve has shifted downwards for a couple of years at least, writes Shailesh Dobhal As far as demand for
Time has come for fiscal stimulus to support the economy: Uday Kotak | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/time-has-come-for-fiscal-stimulus-to-support-the-economy-uday-kotak-121052700048_1.html We are working with the government and vaccine manufacturers to increase the vaccine available for Indian business and industries, said Uday Kotak Confederation
GST revenue shortfall: Centre may have to borrow Rs 1.58 trillion | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-revenue-shortfall-centre-may-have-to-borrow-rs-1-58-trillion-121052700040_1.html Shortfall estimated at Rs 2.7 trn; Rs 1.1 trn may be met via cess collection Compensation cess is levied on a few items
Revised offer for Jaypee Infratech is legally compliant, says NBCC | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/nbcc-says-its-offer-for-acquiring-jaypee-infratech-legally-compliant-121052601136_1.html At its meeting held on May 24, the Committee of Creditors (CoC) deferred the voting on Suraksha Group’s bid Jaypee Infratech State-owned NBCC,
Right to privacy is not absolute, says govt on WhatsApp’s lawsuit | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-responds-to-whatsapp-s-lawsuit-says-committed-to-upholding-privacy-121052601037_1.html Statement after social media firm moves HC on new rules WhatsApp on Tuesday filed a legal challenge against the Indian government, protesting new
Footwear, readymade garments likely to attract higher rates of GST | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/footwear-readymade-garments-likely-to-attract-higher-rates-of-gst-121052700012_1.html The fitment committee, which recommends rate changes to the Council, has proposed increasing the rate on footwear (less than Rs 1,000), readymade garments,
Sebi plans to shield small investors from presumably ‘risky’ IPOs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-plans-to-shield-small-investors-from-presumably-risky-ipos-121052700005_1.html Certain initial public offers may only be for institutional investors Banning direct retail participation and mandatory “safety net” are some of the concepts
Liaison office connecting India biz with Dubai HO, an ‘intermediary’ under GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/liaison-office-connecting-india-biz-with-dubai-ho-an-intermediary-under-gst/article34648881.ece The Authorities for Advance Rulings (AAR) continue to give contrary rulings, with the latest one from Maharashtra. This ruling held the liaison office
Falling between the cracks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/falling-between-the-cracks/article34651753.ece The pandemic has worsened the plight of India’s urban poor. It is time the Centre turned its policy focus on them Just how
With no cushion like last time, second Covid wave poses challenges for auto lenders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/with-no-cushion-like-last-time-second-covid-wave-poses-challenges-for-auto-lenders/article34651027.ece?homepage=true Borrowers grappling with reduced capacity utilisation, increased operating costs The second Covid-19 wave will have a material impact on automobile lenders’ asset quality
GST Council may correct the inverted duty structure for textiles, footwear industries – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/gst-council-may-correct-the-inverted-duty-structure-for-textiles-footwear-industries/article34652138.ece Leading to higher refunds, affecting govt revenues The GST Council meeting on Friday is expected to take a call on removing the anomaly
PLI timeline for mobile phone manufacturing may begin in FY22 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-policy/mobile-pli-timeline-may-begin-in-fy22/articleshow/82984538.cmsSynopsis A change in the timeline will mean manufacturers need to post incremental production worth Rs 4,000 crore in this fiscal year, instead of
DHFL: RBI was never in favour of Wadhawan’s settlement offer – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/dhfl-rbi-was-never-in-favour-of-wadhawans-settlement-offer/2259705/ RBI, in its submission at NCLT Mumbai on January 15, 2021, had said, “Affording the applicant (Kapil Wadhawan) even an opportunity of presenting
Demerit Goods: Higher rates likely on pan masala and gutkha to curb tax evasion – The Financial Express
Clipped from: https://www.financialexpress.com/economy/demerit-goods-higher-rates-likely-on-pan-masala-and-gutkha-to-curb-tax-evasion/2259657/ The move is expected to help check massive tax evasion in these sectors. Currently, assorted tobacco items, pan masala and aerated water are
Govt likely to raise allocation for key export scheme – The Financial Express
Clipped from: https://www.financialexpress.com/economy/tax-refund-govt-likely-to-raise-allocation-for-key-export-scheme/2259644/ While the revenue department will take a final call on the hike, sources said the total allocation for FY22 may finally jump to
Message tracing: WhatsApp challenges new IT rules in Delhi High Court – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/message-tracing-whatsapp-challenges-new-it-rules-in-delhi-high-court/2259633/ Against clause which requires it to provide first originator of ‘mischievous messages’ What WhatsApp means to say is that end-to-end encryption was designed
करावे कर-समाधान : विवरणपत्र भरण्यास मुदतवाढ, पण.. | Loksatta
lipped from: https://www.loksatta.com/arthvrutant-news/income-tax-department-extended-the-deadline-filing-return-zws-70-2478629/ फॉर्म १६’ देण्याची मुदत १५ जून २०२१ ही होती. ती आता अनुक्रमे ३० जून आणि १५ जुलै २०२१ अशी करण्यात आलेली आहे; प्रवीण