Clipped from: https://economictimes.indiatimes.com/wealth/tax/no-tax-on-rent-to-be-paid-by-owner-if-the-tenant-defaults-on-it-tax-tribunal/articleshow/79448305.cmsSynopsis The Income-tax Appellate Tribunal has given this ruling in respect of a case pertaining to Navi Mumbai based leasing company. This will have
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.
Downside risks to growth still persist amid uncertainty around Covid vaccine availability: D&B – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/downside-risks-to-growth-still-persist-amid-uncertainty-around-covid-vaccine-availability-db/articleshow/79447377.cmsSynopsis According to Dun & Bradstreet’s latest Economy Forecast, a second wave of infections, which can’t be ruled out, would lead to partial re-establishment
Clearing the air with President-elect Biden–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/clearing-the-air-with-president-elect-biden/ Climate change is big on America’s President-Elect Joe Biden’s agenda for governance, of which clean energy is an important plank. Reviving the India-US
Pre-packaged: Viable route to insolvency–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/pre-packaged-viable-route-to-insolvency/ The Insolvency and Bankruptcy Board’s proposal to allow companies to withdraw from the process of voluntary liquidation is pragmatic. It will facilitate revival.
ECLGS 2.0: Borrowers to repay principal amount in 48 installments post 1-year moratorium – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/eclgs-2-0-borrowers-to-repay-principal-amount-in-48-installments-post-1-year-moratorium/articleshow/79438893.cmsSynopsis The government termed the credit product under which the guarantee would be given as Guaranteed Emergency Credit Line (GECL), in the guidelines released
Atmanirbhar Bharat 3.0 package: ECLGS 2.0 scheme: Govt extends credit guarantee scheme to 27 sectors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/eclgs-2-0-scheme-govt-extends-credit-guarantee-scheme-to-27-sectors/articleshow/79439048.cmsSynopsis The scheme was announced by the government earlier this month as part of the Rs 2.65 lakh crore Atmanirbhar Bharat 3.0 package. “Under
Loss in foreign exchange on external commercial borrowing can be capitalised: Tax tribunal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/loss-in-foreign-exchange-on-external-commercial-borrowing-can-be-capitalised-tax-tribunal/articleshow/79444505.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The tax department had argued that the forex loss is notional and cannot be capitalised. The tribunal held that such mark to market
SC directs govt to implement its decision to forego interest on eight categories of loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sc-directs-govt-to-implement-its-decision-to-forego-interest-on-eight-categories-of-loans/articleshow/79446057.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The eight categories of loans are MSME (Micro, Small & Medium Enterprises), Education, Housing, Consumer durable, Credit card, Automobile, Personal and Consumption. NEW
RBI has set precedence in LVB bond write-off, will hurt other banks: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-has-set-precedence-in-lvb-bond-write-off-will-hurt-other-banks-report/articleshow/79446013.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis During the Yes Bank rescue earlier this year also, there was an over Rs 7,000-crore bond write-off, but that involved a different instrument
Adani tops DHFL bid, says its bid gives maximum to lenders; rivals want it out of race – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/adani-tops-dhfl-bid-says-its-bid-gives-maximum-to-lenders-rivals-want-it-out-of-race/articleshow/79446899.cms?utm_source=ETTopNews&utm_medium=HP&utm_campaign=TN&utm_content=23Synopsis Adani Group, which had initially bid only for DHFL’s wholesale and Slum Rehabilitation Authority (SRA) portfolio, in the revised offer submitted on November
India steps up efforts to draw neighbors closer to counter China – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/india-steps-up-efforts-to-draw-neighbors-closer-to-counter-china/articleshow/79443486.cmsSynopsis India has found it hard to match Chinese investments in infrastructure and security in smaller South Asian nations over the last decade, but
online festive sales: Flipkart and Amazon corner 88% share of festive online sales: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/flipkart-and-amazon-corner-88-share-of-festive-online-sales-report/articleshow/79434884.cmsSynopsis Pandemic woos new shoppers from small cities, offline retail slump helps e-commerce, the report said. Online marketplaces Flipkart Group and Amazon recorded combined sales of nearly $7.3
Q2 GDP shows India officially in recession but sequential improvement points to an economy on the mend – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/q2-gdp-shows-india-officially-in-recession-but-sequential-improvement-points-to-an-economy-on-the-mend/articleshow/79447729.cmsSynopsis The surprise was thrown by good performance by the manufacturing sector that showed marginal growth in the second quarter. However, the private consumption
gst: Gujarat High Court to relook at GST on intermediaries – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gujarat-high-court-to-relook-at-gst-on-intermediaries/articleshow/78765013.cmsSynopsis The Gujarat High Court in July had held that supply of services by intermediaries outside India is not an export and that 18%
Fiscal Rectitude Can Mean Larger Deficit–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/fiscal-rectitude-can-mean-larger-deficit/ The Reserve Bank of India governor Shaktikanta Das is right to seek a roadmap to fiscal prudence. Persistent high fiscal deficits can cause
ITR filing guide | Income tax return filing: Here’s your step by step guide–Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-return-filing-heres-your-step-by-step-guide/articleshow/69968042.cmsSynopsis Filing your income tax return before the deadline i.e. November 30, 2020, for FY 2019-20 offers certain tax benefits. These benefits include carry
ITR 1 filing online: How to file ITR-1 online | Step by Step guide to file ITR1–economic times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-file-itr-1-online/articleshow/69441344.cmsIt is important that you pick the right form to file your income tax return (ITR). This is because if you use the wrong form then
interest loan waiver scheme: Who is eligible for compound interest waiver during moratorium and how much will be the benefit – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/who-is-eligible-for-compound-interest-waiver-during-moratorium-and-how-much-will-be-the-benefit/articleshow/78843816.cmsSynopsis The central government had earlier filed an affidavit in the Supreme Court stating that it would waive interest on interest on loans up
Hazy disclosures, vague reasons: how auditor exits continue to play with investor confidence – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/hazy-disclosures-vague-reasons-how-auditor-exits-continue-to-play-with-investor-confidence/primearticleshow/78858518.cms SynopsisNearly three dozen listed companies have seen auditor resignations this year. One of those cases, the UPL fiasco, highlights how patchy and insufficient
Indians rush to downgrade applications for path to faster green card – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/visa-and-immigration/indians-rush-to-downgrade-applications-for-path-to-faster-green-card/articleshow/78859993.cms Synopsis—The downgrade petition comes with its own risks as preference is given to applicants under higher categories, but many are willing to take
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