Clipped from: https://www.thehindubusinessline.com/news/reporting-interest-income-i-t-dept-message-to-revise-itr-baffles-tax-payers/article34208713.ece?homepage=true Project checks discrepancies in reporting of interest income earned of over ₹5,000 Hundreds of bank deposit holders across the country were non-plussed on
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.
E-invoicing on track to becoming a foolproof mechanism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/e-invoicing-on-track-to-becoming-a-foolproof-mechanism/article34208076.ece Deciphering whether a particular concept is working well under GST law is simple — the Central Board of Indirect Taxes and Customs (CBIC)
Setting precedents – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tata-mistry-case-flags-critical-issues-on-corporate-governance-and-minority-rights-in-private-companies/article34208189.ece The Tata-Mistry ruling flags critical issues in governance, minority rights in private companies Post the Supreme Court (SC) verdict in the Tata-Mistry case
Inflation targeting has been a success – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/inflation-targeting-has-been-a-success/article34208320.ece This policy has done well to reduce inflation and improve transparency, and the Centre is rightly continuing with it In May 2016, the
Educated, unemployed and in debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/educated-unemployed-and-in-debt/article34208219.ece By churning out worthless degrees, the education sector is equally responsible for the education loan mess The high profile exit of Professor Pratap
Can’t let PLI scheme go bust, nurture it – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rational-expectations-cant-let-pli-scheme-go-bust-nurture-it/2224379/ This includes carrying over FY21’s PLI due to force majeure, allowing Chinese players in & ensuring WTO compatibility Since such localisation targets are
PLI scheme for IT hardware: Deadline to file application extended to April 30 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-scheme-for-it-hardware-deadline-to-file-application-extended-to-april-30/2224259/ The scheme aims at providing incentive of 4% to 1% on net incremental sales over base year (2019-20) to the selected companies. “The
India records 0.2 pc current account deficit in December quarter – The Financial Express
Clipped from: https://www.financialexpress.com/economy/india-records-0-2-pc-current-account-deficit-in-december-quarter/2224170/ In the current fiscal, the current account had been in surplus in the previous two quarters, at USD 15.1 billion and USD 19
Why MSMEs are still looking for more government support? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/why-msmes-are-still-looking-for-more-government-support/2223993/ Ease of Doing Business for MSMEs: As the new fiscal begins, MSMEs share their asks from the government to help them get their
Cabinet approves Rs 10,900 crore PLI scheme for food processing industry–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-approves-rs-10900-crore-pli-scheme-for-food-processing-industry/story/435351.html The PLI scheme will incentivise manufacturing of four major food product segments — ready to cook/eat foods, processed fruits and vegetables, marine products
Emergency credit line guarantee scheme extended till June 30–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/emergency-credit-line-guarantee-scheme-extended-till-june-30/story/435370.html ECLGS 3.0, which will cover the newly added service sectors, will involve extension of credit of up to 40 per cent of total
Piramal Pharma acquires peptide drug maker Hemmo for Rs 775 crore–business today
lipped from: https://www.businesstoday.in/current/corporate/piramal-pharma-acquires-peptide-drug-maker-hemmo-for-rs-775-crore/story/435362.html Hemmo is one of the few pure-play synthetic peptide API manufacturers in the global marketplace. It has R&D capabilities and a world-class GMP
Govt extends current foreign trade policy till Sept 30–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/govt-extends-current-foreign-trade-policy-till-sept-30/story/435360.html The government had extended the Foreign Trade Policy 2015-20 for a year till March 31, 2021 on March 31, 2020 amid the coronavirus
Cabinet approves Rs 10,900 crore PLI scheme for food processing industry–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/cabinet-approves-rs-10900-crore-pli-scheme-for-food-processing-industry/story/435351.html The PLI scheme will incentivise manufacturing of four major food product segments — ready to cook/eat foods, processed fruits and vegetables, marine products
Not disclosed interest on FD, bank savings? Be ready for Income Tax Dept notice–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/not-disclosed-interest-on-fd-bank-savings-be-ready-for-income-tax-dept-notice/story/435258.html There could be multiple reasons for taxpayers receiving the I-T notice. The prominent ones being non-reporting of FD interest and savings bank account
A billion for every chip-maker who ‘makes in India’ – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/technology/a-billion-for-every-chip-maker-who-makes-in-india/article34207041.ece How to disburse the cash incentives has yet to be decided and the government has asked the industry for feedback, said a second
Govt defers labour codes implementation – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/govt-defers-labour-codes-implementation/article34206220.ece Employees’ take home pay, companies’ PF liability to remain same for now The four labour codes will not come into effect from April
SC’s order on women in army one more step towards equal treatment | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/scs-order-on-women-in-army-one-more-step-towards-equal-treatment-968493.htmlSupreme Court. Credit: PTI file photo. The Supreme Court’s latest directive on the grant of permanent commission in the armed forces to Short Service
The four serious problems with India’s bad bank plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-the-four-serious-problems-with-indias-bad-bank-plan/articleshow/81788240.cms Synopsis–One has to factor in the enormous gains that accrue from enabling bad loan-strapped banks to function smoothly. That said, when policymakers talk
RBI asked to ensure retail inflation remains at 4% till March 2026, says top official – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/govt-rbi-retain-2-6-inflation-target-for-5-years-ministry-official/articleshow/81781131.cmsSynopsis The earlier monetary policy framework, signed by Prime Minister Narendra Modi’s government with the Reserve Bank of India in 2015, had set up
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