Clipped from: https://www.business-standard.com/article/opinion/rationalise-rates-121052300914_1.html GST Council must address the shortfall in collection After a few months of robust performance, goods and services tax (GST) collection is expected to be
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.
Cabinet secretary Rajiv Gauba to check progress of PLI schemes this week | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cabinet-secretary-rajiv-gauba-to-check-progress-of-pli-schemes-this-week-121052300954_1.html The scheme also aims at making domestic manufacturing globally competitive, create jobs, and boost exports. The meeting comes in the backdrop of companies,
CoC to review NBCC offer for Jaypee Infra on Monday before vote on Suraksha | Business Standard News
lipped from: https://www.business-standard.com/article/companies/coc-to-review-nbcc-offer-for-jaypee-infra-on-monday-before-vote-on-suraksha-121052300362_1.html Homeowners, Suraksha cry foul; say move illegal as per SC order Even as Suraksha group’s resolution plan for Jaypee Infratech is set to
Centre, states stare at Rs 2-trillion GST cess gap amid Covid-19 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-states-stare-at-rs-2-trillion-gst-cess-gap-amid-covid-19-121052400026_1.html The GST compensation of states is expected to widen to Rs 2.5-3 trillion in FY22 as against the cess collection of Rs 1
Use Altman Z score to sniff out bankruptcy potential – The Financial Express
lipped from: https://www.financialexpress.com/money/your-money-use-altman-z-score-to-sniff-out-bankruptcy-potential/2256685/ If the Z score is less than 1.81, the firm is a bankruptcy candidate arnings Before Interest & Tax (EBIT) 3,500; total assets
Assessing RBI’s on-tap liquidity scheme – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/assessing-rbis-on-tap-liquidity-scheme/2257485/ The tenor of loans is three years for the banks, but there are no such restrictions for on-lending. This could lead to asset-liability
Supreme Court’s order on defaulter tycoons plugs an important bankruptcy loophole – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/supreme-courts-order-on-defaulter-tycoons-plugs-an-important-bankruptcy-loophole/articleshow/82825203.cmsSynopsis Lawyers and bankers were said the order sets a precedence for future recoveries in bankrutpcy cases and more importantly act as a deterrent
DHFL ruling: NCLT ruling on DHFL: Creditors weighing options – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/nclt-ruling-on-dhfl-creditors-weighing-options/articleshow/82897352.cmsSynopsis Several lenders prefer challenging order at appellate tribunal to voting against Wadhawan’s offer Mumbai: Stunned by the National Company Law Tribunal ruling (NCLT) onDHFLNSE 4.83
Telemedicine can complement medical tourism – OPINION – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34630435.ece Through preliminary assessment, telemedicine helps patients decide whether they need to make the journey for advanced treatment Internet-propelled technologies that are shaping the
Cheque-bounce cases need to be settled fast – OPINION – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34630430.ece Losing tractionCheque transactions Losing tractionCheque transactions× Allowing courts to make summary convictions and discouraging the use of cheques can help reduce the huge
WhatsApp row: Time for courts to step in – OPINION – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34630428.ece Terms of contract can be enforced only when they are fair. Courts are best positioned to intervene and protect user interests The WhatsApp
personal guarntors -Welcome clarification – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/article34630423.ece SC ruling on personal guarantees in corporate bankruptcies is welcome, but NCLT is not in sync There have been two important, and in
Rising unemployment adds to the Covid pain – NEWS – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/article34630402.ece Unemployment rates are slowly moving back to the record highs of June 2020 when there was a national lockdown A fledgling recovery in
Covid-related health insurance claims top Rs. 23,000 crore – Today’s Paper – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/article34630389.ece Average claim size shrinks to Rs. 95,000, duration of stay down to six days Reflecting the surge in cases, Covid-related health insurance claims
Jaypee case: NBCC questions IRP’s ‘jurisdiction’; demands voting on its offer – The Financial Express
Clipped from: https://www.financialexpress.com/industry/jaypee-case-nbcc-questions-irps-jurisdiction-demands-voting-on-its-offer/2257110/ In the first round of insolvency proceeding, the Rs 7,350-crore bid of Lakshadweep, part of Suraksha Group, was rejected by lenders. The CoC
How NRIs setting up private trusts in India for investment, estate planning can take care of FEMA issues – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/how-nris-setting-up-private-trusts-in-india-for-investment-estate-planning-can-take-care-of-fema-issues/articleshow/82851201.cms Synopsis–Setting up of a trust in India for NRIs is a mixed bag with a lot of challenges under Indian exchange control laws
NRI Helpdesk: Are you eligible for the National Interest Exception? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/nri-helpdesk-are-you-eligible-for-the-national-interest-exception/articleshow/82851857.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis With immigration rules constantly changing with the pandemic situation, it is difficult to keep up to date with it all. For our NRI
Elon Musk tweets he supports crypto in battle against fiat currencies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/musk-tweets-he-supports-crypto-in-battle-against-fiat-currencies/articleshow/82858886.cmsSynopsis Bitcoin rose after Musk’s post to trade at around $38,150 as of 12:27 p.m. London time. Elon Musk is again tweeting about technology and
RBI not in favour of fresh insolvency freeze – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/rbi-not-in-favour-of-fresh-insolvency-freeze/articleshow/82699508.cmsSynopsis During initial discussions with the government, RBI has indicated a freeze will not help anyone in the long run as it will only
Suraksha ARC seeks “fair & unbiased” process in Jaypee Infra insolvency – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/suraksha-arc-seeks-fair-unbiased-process-in-jaypee-infra-insolvency/articleshow/82775929.cmsSynopsis The company has debt obligation of over Rs 9,800 crore to creditors. Homebuyers’ claims amount to Rs 12,714 crore. The admitted financial debt
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