https://www.business-standard.com/companies/news/tcs-has-to-keep-evolving-as-genai-technology-rises-ceo-tells-employees-124010100463_1.html Clipped from: https://www.business-standard.com/companies/news/tcs-has-to-keep-evolving-as-genai-technology-rises-ceo-tells-employees-124010100463_1.html IT services company has to ‘keep pace with the times’, says K Krithivasan in New Year message K Krithivasan, CEO and MD,
Author: Anil R Tikotekar
LIC gets GST notice of Rs 806 crore; insurer says will file an appeal
https://www.business-standard.com/companies/news/lic-gets-gst-notice-of-rs-806-crore-insurer-says-will-file-an-appeal-124010100614_1.html Clipped from: https://www.business-standard.com/companies/news/lic-gets-gst-notice-of-rs-806-crore-insurer-says-will-file-an-appeal-124010100614_1.html The total includes GST worth Rs 365.02 crore, penalty of Rs 404.7 crore and interest of Rs 36.5 crore Illustration: Ajay Mohanty
👌Commerce Ministry seeks exporters’ inputs on reducing compliance burden – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/commerce-ministry-seeks-exporters-inputs-on-reducing-compliance-burden/article67695474.ece Clipped from: https://www.thehindubusinessline.com/economy/commerce-ministry-seeks-exporters-inputs-on-reducing-compliance-burden/article67695474.ece Policies and procedures to be modified based on feedback to improve business environment The Commerce and Industry Ministry has asked export promotion
👌With 152 million domestic passengers, 2023 air traffic beats pre-Covid record – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/with-152-million-domestic-passengers-2023-air-traffic-beats-pre-covid-record/article67695513.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/with-152-million-domestic-passengers-2023-air-traffic-beats-pre-covid-record/article67695513.ece “It’s a historic achievement,” says civil aviation minister Jyotiraditya Scindia Domestic airlines flew 152 million passengers in 2023, surpassing the pre-Covid high
RBI enhances bulk deposit limit for large UCBs 6.66 times to ₹1 cr and above – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-enhances-bulk-deposit-limit-for-large-ucbs-666-times-to-1-cr-and-above/article67695579.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-enhances-bulk-deposit-limit-for-large-ucbs-666-times-to-1-cr-and-above/article67695579.ece The new bulk deposit limit applies to UCBs in the Tier 3 (with deposits more than ₹1,000 crore and up to ₹10,000 crore)
👌Mudra loans show record growth to ₹3-lakh crore in Q3 FY24 – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/mudra-loans-show-record-growth-to-3-lakh-crore-in-q3-fy24/article67695266.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/mudra-loans-show-record-growth-to-3-lakh-crore-in-q3-fy24/article67695266.ece Women applicants have been the driving force for growth in the Mudra loans, as per govt data In what can be seen
👌NRIs in a bind as taxman slaps advisories on high-value transactions – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/nris-in-a-bind-as-taxman-slaps-advisories-on-high-value-transactions/article67695703.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/nris-in-a-bind-as-taxman-slaps-advisories-on-high-value-transactions/article67695703.ece The I-T communications could be the result of duplicate entries in form 26 AS or investments done under a joint account The
👌Interest on delayed TDS payment is not an allowable business deduction
https://taxguru.in/income-tax/interest-delayed-tds-payment-allowable-business-deduction.html#google_vignette Clipped from: https://taxguru.in/income-tax/interest-delayed-tds-payment-allowable-business-deduction.html#google_vignette Expat Engineering India Ltd. Vs ACIT (ITAT Bangalore) In a recent case, Expat Engineering India Ltd. faced a challenge regarding the disallowance
👌Nomination– Companies
Clipped from: https://main.sci.gov.in/supremecourt/2017/3101/3101_2017_7_1501_49073_Judgement_14-Dec-2023.pdf 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23
👌Nomination is not a statutory testament, says Supreme Court in landmark verdict – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/nomination-is-not-a-statutory-testament-says-supreme-court-in-landmark-verdict/article67682996.ece Clipped from: https://www.thehindubusinessline.com/business-laws/nomination-is-not-a-statutory-testament-says-supreme-court-in-landmark-verdict/article67682996.ece With this decision, the Supreme Court settles the debate over nomination and ownership of shares of a company Recently, the Supreme Court,
‘Indian IT should make structural changes to lead the GenAI wave’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/indian-it-should-make-structural-changes-to-lead-the-genai-wave/article67679262.ece Clipped from: https://www.thehindubusinessline.com/info-tech/indian-it-should-make-structural-changes-to-lead-the-genai-wave/article67679262.ece Former HCL Tech CEO Vineet Nayar speaks about performance of the sector in 2023 and outlook for 2024 The Indian IT industry
Hospitality sector in comfort zone – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/hospitality-sector-in-comfort-zone/article67692688.ece Clipped from: https://www.thehindubusinessline.com/economy/hospitality-sector-in-comfort-zone/article67692688.ece Industry makes landmark recovery aided by surge in travel after the pandemic The first full year of business after the Covid-19 pandemic
👌Hospitality industry is expected to see healthy growth at 10-12% in fiscal 2025’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/hospitality-industry-is-expected-to-healthy-growth-at-10-12-in-fiscal-2025/article67692703.ece Clipped from: https://www.thehindubusinessline.com/economy/hospitality-industry-is-expected-to-healthy-growth-at-10-12-in-fiscal-2025/article67692703.ece In an interview with businessline, Mohit Makhija, Senior Director at Crisil Ratings Ltd, sheds light on the 2024 outlook for the Indian travel
👌Sharp spike in speculative trades triggers RBI curbs on unsecured loans – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/sharp-spike-in-speculative-trades-triggers-rbi-curbs-on-unsecured-loans/article67692597.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sharp-spike-in-speculative-trades-triggers-rbi-curbs-on-unsecured-loans/article67692597.ece Unprecedented surge in equity derivatives, crypto trades and online gaming said to have caused concern for the regulator Unusually high spurt in
Robert Solow: An unsung economist – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/robert-solow-an-unsung-economist/article67693110.ece Clipped from: https://www.thehindubusinessline.com/opinion/robert-solow-an-unsung-economist/article67693110.ece Solow changed the way we think about economic phenomena. He made seminal contributions to growth theory Robert Solow died 10 days ago.
India on the verge of corporate capex cycle pick-up – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/india-on-the-verge-of-corporate-capex-cycle-pick-up/article67683177.ece lipped from: https://www.thehindubusinessline.com/specials/current-account/india-on-the-verge-of-corporate-capex-cycle-pick-up/article67683177.ece The New Year symbolises new beginnings, bringing with it a fresh burst of energy and the promise of better, prosperous times It
Sanctity of too-big-to-fail banks – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/vault-matters-sanctity-of-too-big-to-fail-banks/article67686289.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/vault-matters-sanctity-of-too-big-to-fail-banks/article67686289.ece SBI, HDFC Bank and ICICI Bank are classified as D-SIBs, but in reality, every bank is systemically important It has been a
👌India’s economy poised to do well in 2024 – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/indias-economy-poised-to-do-well-in-2024/article67692421.ece Clipped from: https://www.thehindubusinessline.com/opinion/indias-economy-poised-to-do-well-in-2024/article67692421.ece The country’s macros are in good shape India is placed on a comfortable perch as it enters the New Year. Its economy