Clipped from: https://www.business-standard.com/article/economy-policy/gst%E2%80%88dilemma-contradictory-aar-rulings-leave-industry-perplexed-121040201286_1.html States like Punjab and Delhi have reported delays in disposing of AAR applications. An auto company with a presence in 20 states of
Author: Anil R Tikotekar
Like telcos, banks may soon pester customers daily to pay up via messages | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/like-telcos-banks-may-soon-pester-customers-daily-to-pay-up-via-messages-121040201086_1.html Working on an RBI mandate to automate its NPA alert system real-time, instead of manually gauging NPA status at the end of the
Hope to grow our loan book by 35-40% over next 3-4 years: Rajeev Yadav, MD & CEO, Fintech Small Finance Bank – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/hope-to-grow-our-loan-book-by-35-40-over-next-3-4-years-rajeev-yadav-md-ceo-fintech-small-finance-bank/2225852/ The regulator has various rules for different products. Right now, our capital adequacy is of the order of 27-28% (of which nearly 95%
Cash Reserve Ratio: Should the CRR be retained? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/cash-reserve-ratio-should-the-crr-be-retained/2225819/ It can be argued that the CRR should remain, and RBI has been fair to banks as the cost of the CRR is
We expect a strong growth momentum in the next financial year: Arnab Banerjee, CEAT – The Economic Times
lipped from: https://economictimes.indiatimes.com/opinion/interviews/we-expect-a-strong-growth-momentum-in-the-next-financial-year-arnab-banerjee-ceat/articleshow/81776407.cmsSECTIONSWe expect a strong growth momentum in the next financial year: Arnab Banerjee, CEATLast Updated: Mar 31, 2021, 02:08 PM ISTSynopsis “We are looking
CBDT allows tax audit report revision in case of disallowance recalculation, notifies rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/cbdt-allows-tax-audit-report-revision-in-case-of-disallowance-recalculation-notifies-rules/articleshow/81871912.cmsSynopsis Section 40 refers to amounts that are not deductible while computing income chargeable under profits and gains of business or profession, while Section
PLI–For a bigger spread – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/for-a-bigger-spread/article34225046.ece Food processing PLI scheme should serve niche, small-scale innovators, too The ₹10,900-crore Production-Linked Incentive scheme for the food processing industry is likely to
Income Tax Department notifies changes in audit report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/income-tax-department-notifies-changes-in-audit-report/article34224857.ece?homepage=true Move expected to increase compliance burden on taxpayers, say experts Subsequent to the enactment of the Finance Bill 2021, the Income Tax Department
MCA defers mandatory audit trail norm by 1 year – ACCOUNTING SOFTWARE: -The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/accounting-software-mca-defers-mandatory-audit-trail-norm-by-1-year/article34221295.ece In a big breather for small and medium sized companies, the Corporate Affairs Ministry (MCA) has deferred by one year the implementation of
Govt’s borrowing plan to mount pressure on G-Sec yields in H1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govts-borrowing-plan-to-mount-pressure-on-g-sec-yields-in-h1/article34225706.ece?homepage=true The Indian government is planning to raise a whopping Rs 7.24 lakh crore in the first half of this year Government Security yields
To prevent misuse, Govt announces ‘National Register’for driving licences – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/road-ministry-brings-into-effect-national-register-for-driving-licenses/article34223965.ece?homepage=true A representative image A representative image× Road Ministry’s move will also flag errant drivers by publicly naming them In a move intended to
Amazon, publisher told to pay Rs 10,000 compensation to book buyer–deccan chronicle
lipped from: https://www.deccanchronicle.com/nation/in-other-news/191220/amazon-publisher-told-to-pay-rs-10000-compensation-to-book-buyer.html Mr Pawar approached the court and also included the publisher as a respondent. Mumbai: A city consumer court has directed Amazon Seller Services Pvt. Ltd.and
कामगार वेतन संहिता लांबणीवर | लोकसत्ता
Clipped from: https://www.loksatta.com/arthasatta-news/on-extension-of-labor-pay-code-abn-97-2433726/ उद्योगजगताला दिलासा; कामगारांचीही वेतन घसरणीतून सुटका (संग्रहित छायाचित्र) विविध प्रकारच्या कामगार कायद्यांना केवळ चार कामगार संहितांमध्ये नियमबद्ध करून, त्यांची गुरुवार, १ एप्रिलपासून होऊ
Price recovery in residential real estate at least two years away: UBS – The Financial Express
Clipped from: https://www.financialexpress.com/industry/price-recovery-in-residential-real-estate-at-least-two-years-away-ubs/2225127/ Property pricing cycle recovery in Pune and Navi Mumbai should be faster than India’s top-seven cities in terms of housing revenue, followed by
Jana Small Finance Bank files DRHP to raise Rs 700 crore via fresh share issue – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/jana-small-finance-bank-files-drhp-to-raise-rs-700-crore-via-fresh-share-issue/2225230/ Its capital adequacy ratio stood at 19.3%, with the tier-I ratio at 13.1%, in FY20. The bank’s net interest margin (NIM) stood at
What gross profit margin tells about a firm – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-what-gross-profit-margin-tells-about-a-firm/2225092/ Higher the gross profit margin, better the firm’s efficiency in managing its production expenses Let us look at the computation of gross profit
Interview: Vikas Bagaria, founder, Pee Safe – The Financial Express
Clipped from: https://www.financialexpress.com/brandwagon/interview-vikas-bagaria-founder-pee-safe/2225238/About 40-45% of our annual turnover is set aside for marketing alone, says Bagaria Pee Safe, which started out as a brand of toilet
Paytm 30% larger than nearest competition in digital payments, says company’s VP Narendra Yadav – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/paytm-30-larger-than-nearest-competition-in-digital-payments-says-companys-vp-narendra-yadav/2224957/ Out of 3,584.13 million digital financial transactions carried out in February according to the data released by NPCI, Paytm claims to have carried
Volatility not for us, ours is a model of steady growth: TT Srinivasaraghavan, former MD, Sundaram Finance – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/volatility-not-for-us-ours-is-a-model-of-steady-growth-tt-srinivasaraghavan-former-md-sundaram-finance/2225254/ There is aversion to lending to NBFCs every time there is a problem in the financial market, though, if you look at the
The slip is showing | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-slip-is-showing-121040101756_1.html India’s gender gap is wider than ever Revelations in the World Economic Forum’s latest Gender Gap Index hold no surprises as far as India’s poor