Clipped from: https://www.business-standard.com/article/opinion/fiscal-vs-monetary-policy-under-uncertainty-121052401432_1.html Heightened uncertainty from a second wave is likely to increase the relative efficacy of fiscal vis-a-vis monetary policy The first of this two-part
Author: Anil R Tikotekar
Google now lets you password-protect page that shows your searches | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/google-now-lets-you-password-protect-page-that-shows-your-searches-121052500301_1.html In a bid to help protect browsing history and search activities of its users from others to see, Google will now let them
Tips on handling tax matters and digital assets of a deceased person | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/tips-on-handling-tax-matters-and-digital-assets-of-a-deceased-person-121052100838_1.html Legal heirs must file tax returns for income earned in the year the dead passed away Benjamin Franklin’s famous quote: “In this world
Banks in India report loan fraud worth Rs 5 trn, SBI’s amount largest | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-in-india-report-loan-fraud-worth-rs-5-trn-sbi-s-amount-largest-121052400494_1.html Data showed 90 banks and financial institutions reported a total of 45,613 cases of loan fraud till March 31, 2021 The entity backed
SC order on personal guarantors thorn in the side of biz families | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sc-order-on-personal-guarantors-thorn-in-the-side-of-biz-families-121052401569_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Lack of clarity between legitimate succession planning and evasion is a worry, say experts Illustration: Ajay Mohanty Business families that have undertaken estate
Double-digit unemployment rate makes a return | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/double-digit-unemployment-rate-returns-121052400643_1.html The unemployment rate touched 14.5 per cent in the week ended May 16, 2021 The unemployment rate has moved into double-digits. This is
What to make of RBI’s QE: The govt was the winner in 2020 and is so again, in the latest round – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/what-to-make-of-rbis-qe-the-govt-was-the-winner-in-2020-and-is-so-again-in-the-latest-round/2258236/ The curious part of this QE exercise was that all these measures were invoked at a time when there was surplus liquidity in
Bank can take away assets of guarantor if loan not repaid on time – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-bank-can-take-away-assets-of-guarantor-if-loan-not-repaid-on-time/2258181/ First, you should ask the two known parties to find another guarantor to their loan. When a person stands in as a guarantor,
Is it possible for tax deductors to verify if payee has filed ITR in last 2 years? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-is-it-possible-for-tax-deductors-to-verify-if-payee-has-filed-itr-in-last-2-years/2258165/ The government, vide Budget 2021,introduced new provisions under Section 206AB/206CCA that prescribe a double rate of TDS/TCS for those, who despite having a
India plans stimulus package for sectors worst affected by second wave – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/india-plans-stimulus-package-for-sectors-worst-affected-by-second-wave/articleshow/82933881.cmsSynopsis In April, the finance ministry eased rules for capital expenditure by government departments to try to boost spending in the economy. Pressure also
Reserve Bank of India surplus is rightfully the government’s – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/reserve-bank-surplus-is-rightfully-gois/articleshow/82917954.cmsSynopsis In this unprecedented time of economic contraction and much uncertainty, the larger RBI dividend would proactively improve government finances and reduce market borrowings.
What about limited liability, your honour? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/what-about-limited-liability-your-honour/articleshow/82917958.cmsSynopsis Limited liability played a vital role in advancing entrepreneurial risk-taking and capitalism’s creative destruction. If a person’s entire worth was at stake every
Karnataka SME industry: Strict lockdown, slump may dent Karnataka’s SMEs this year too – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/strict-lockdown-slump-may-dent-karnatakas-smes-this-year-too/articleshow/82933539.cmsSynopsis Karnataka is home to over 800,000 medium, small and micro enterprises and the sector provides the second largest employment after agriculture BENGALURU: Medium,
India could be staring at Rs 5.4 lakh crore loss due to second round of lockdowns: Barclays – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-could-be-staring-at-rs-5-4-lakh-crore-loss-due-to-second-round-of-lockdowns-barclays/articleshow/82934758.cmsSynopsis Barclays lowered its growth forecast for the ongoing fiscal to a single-digit figure of 9.2% from 10% earlier. Similarly, SBI Research saw FY22
Individuals, companies drag taxman to court over faceless assessment lapses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/individuals-companies-drag-taxman-to-court-over-faceless-assessment-lapses/articleshow/82930318.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Faceless assessment is a tax evaluation process in which there is no in-person interaction with the tax officers and was started to counter
new social media guidelines: Aim to comply with India’s new social media guidelines: Facebook – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/aim-to-comply-with-indias-new-social-media-guidelines-facebook/articleshow/82933822.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Facebook, microblogging platform Twitter and internet giant Google are yet to finalise their internal work on India’s new social media intermediary guidelines, people
DHFL | Kapil Wadhawan: Appellate Tribunal stays Mumbai NCLT order to consider Kapil Wadhawan’s DHFL settlement offer
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/appellate-tribunal-stays-mumbai-nclt-order-to-consider-kapil-wadhawans-dhfl-settlement-offer/articleshow/82934350.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis But, this does not debar the insolvency court in Mumbai to pronounce its decision on the resolution plan submitted by the Piramal group,
NAREDCO writes to finance ministry for suspension of IBC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/naredco-writes-to-finance-ministry-for-suspension-of-ibc/articleshow/82935733.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis NAREDCO as a representative body of real estate developers had taken up the matter with the Finance Ministry, seeking adequate relief measures so
RBI’s norms pit Indian auditors against MNCs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbis-norms-pit-indian-auditors-against-mncs/articleshow/82919795.cmsSynopsis On April 27, the central bank had issued guidelines for appointment of statutory auditors in commercial banks, non-banking financial companies and housing finance
All you wanted to know about… – OPINION – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34638021.ece Most of us buy a health insurance policy to avoid shelling out money to settle unaffordable hospital bills during a medical emergency, such