https://www.thehindubusinessline.com/opinion/is-the-external-sector-resilient/article67120680.ece Clipped from: https://www.thehindubusinessline.com/opinion/is-the-external-sector-resilient/article67120680.ece Current account deficit, volatile capital flows and data dissemination issues have to be closely watched Last month, the RBI released key data-points
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.
Insurers gave fake invoices when quizzed on tax credit claims: Officials
https://www.business-standard.com/economy/news/insurers-gave-fake-invoices-when-quizzed-on-tax-credit-claims-officials-123072600388_1.html Clipped from: https://www.business-standard.com/economy/news/insurers-gave-fake-invoices-when-quizzed-on-tax-credit-claims-officials-123072600388_1.html GST E-way bill is a document used to trace goods in transit to verify the authenticity of input credit claims Tax officials
Tech Mahindra Q1FY24 results: Net profit falls 38.8% YoY to Rs 692.5 crore
https://www.business-standard.com/companies/results/tech-mahindra-q1fy24-results-net-profit-falls-38-8-yoy-to-rs-692-5-crore-123072600552_1.html Clipped from: https://www.business-standard.com/companies/results/tech-mahindra-q1fy24-results-net-profit-falls-38-8-yoy-to-rs-692-5-crore-123072600552_1.html At the end of the quarter, the company’s headcount stood at 148,297. It was down 4,103 as compared to the March quarter
Banks’ gross NPAs in MSMEs dropped to five-year low in FY23; declined 14% from FY22 | The Financial Express
https://www.financialexpress.com/industry/sme/banks-gross-npas-in-msmes-dropped-to-five-year-low-in-fy23-declined-14-from-fy22/3186482/ lipped from: https://www.financialexpress.com/industry/sme/banks-gross-npas-in-msmes-dropped-to-five-year-low-in-fy23-declined-14-from-fy22/3186482/ Gross MSME NPAs in Scheduled Commercial Banks peaked at Rs 1.83 lakh crore in FY20 from Rs 1.63 lakh crore in FY19
1,103 MSME claims pending under Vivad Se Vishwas dispute resolution scheme; this many units supported | The Financial Express
https://www.financialexpress.com/industry/sme/1103-msme-claims-pending-under-vivad-se-vishwas-dispute-resolution-scheme-this-many-units-supported/3186747/ Clipped from: https://www.financialexpress.com/industry/sme/1103-msme-claims-pending-under-vivad-se-vishwas-dispute-resolution-scheme-this-many-units-supported/3186747/ Under the scheme, launched on April 17, MSMEs unable to execute government contracts during the Covid period were allowed a 95 per
Walmart, Flipkart sign MoU with Telangana govt to help MSMEs sell goods online | The Financial Express
https://www.financialexpress.com/industry/sme/walmart-flipkart-sign-mou-with-telangana-govt-to-help-msmes-sell-goods-online/3187392/ Clipped from: https://www.financialexpress.com/industry/sme/walmart-flipkart-sign-mou-with-telangana-govt-to-help-msmes-sell-goods-online/3187392/ Under the MoU, Walmart will offer support to MSMEs to digitise their businesses and fuel capacity building for the state of Telangana.
Razorpay launches MoneySaver Export Account for SMEs to offer 50% savings on international bank transfers | The Financial Express
https://www.financialexpress.com/industry/sme/razorpay-launches-moneysaver-export-account-for-smes-to-offer-50-savings-on-international-bank-transfers/3187400/ Clipped from: https://www.financialexpress.com/industry/sme/razorpay-launches-moneysaver-export-account-for-smes-to-offer-50-savings-on-international-bank-transfers/3187400/ The facility allows exporters to open an account in any country (out of more than 160 countries) and receive payments locally via the
One District One Product: 137 unique products from 713 districts notified | The Financial Express
https://www.financialexpress.com/industry/sme/137-unique-products-from-713-districts-selected-for-one-district-one-product-mos-prahlad-patel/3187417/ Clipped from: https://www.financialexpress.com/industry/sme/137-unique-products-from-713-districts-selected-for-one-district-one-product-mos-prahlad-patel/3187417/ MoFPI is extending the credit-linked subsidy to individuals interested in setting up micro-enterprises for food processing according to the guidelines of the
Delisting pangs: Sebi has to walk the tightrope on protecting the interests of investors as well as promoters | The Financial Express
https://www.financialexpress.com/opinion/delisting-pangs-sebi-has-to-walk-the-tightrope-on-protecting-the-interests-of-investors-as-well-as-promoters/3186818/ Clipped from: https://www.financialexpress.com/opinion/delisting-pangs-sebi-has-to-walk-the-tightrope-on-protecting-the-interests-of-investors-as-well-as-promoters/3186818/ Investors argued against these proposals, saying the reverse book building (RBB) process that allows discovery of price should not be abandoned, and
कर आकारणीचा जुगार! | Lottery Gambling GST Council tax Online game | Loksatta
https://www.loksatta.com/sampadkiya/features/lottery-gambling-gst-council-tax-online-game-amy-95-3814087/ Clipped from: https://www.loksatta.com/sampadkiya/features/lottery-gambling-gst-council-tax-online-game-amy-95-3814087/ जुन्या व नव्या कर आकारणीतील फरक समजा १० जण ऑनलाइन गेम खेळताहेत, त्यासाठी त्यांनी गेमिंग कंपनीकडे प्रत्येकी १०० रुपये जमा केले आहेत.
AI needs a statutory regulator to prevent misuse – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/ai-needs-a-statutory-regulator-to-prevent-misuse/article67115781.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/ai-needs-a-statutory-regulator-to-prevent-misuse/article67115781.ece The advent of Artificial Intelligence could aggravate the misuse of data with implications for privacy, the economy and the distribution of information
👍👍👍👍👍‘India’s major ports are readying for growth’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece Shipping Minister Sarbananda Sonowal outlines how major ports are ramping up despite global headwinds Indian ports are witnessing a marked improvement in
Cocoa in Chikki: pay 13% more GST, rules Karnataka’s Authority for Advance Ruling – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/cocoa-in-chikki-pay-13-more-gst-rules-karnatakas-authority-for-advance-ruling/article67112594.ece Clipped from: https://www.thehindubusinessline.com/economy/cocoa-in-chikki-pay-13-more-gst-rules-karnatakas-authority-for-advance-ruling/article67112594.ece Sirimiri Nutrition Food Products submitted that chikkies are to be taxed at 5% GST Cocoa can add a 13 per cent tax on
👍👍👍👍👍Russia’s oil production cuts offers opportunity to Indian refiners to increase diesel exports to Europe – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/russias-oil-production-cuts-offers-opportunity-to-indian-refiners-to-increase-diesel-exports-to-europe/article67112693.ece Clipped from: https://www.thehindubusinessline.com/economy/russias-oil-production-cuts-offers-opportunity-to-indian-refiners-to-increase-diesel-exports-to-europe/article67112693.ece Trade sources said that Russia is slashing exports, particularly the largest selling medium heavy Ural blend A window of opportunity has opened
👍👍👍👍👍Over 5,000 cases of PAN/Aadhaar misuse to claim ITC identified – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece Clipped from: https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece While Maharashtra tops the list in number of cases, Delhi leads in terms of amount fraudulently availed and detected Central GST Administration
Don’t dilute the human factor in audit – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/dont-dilute-the-human-factor-in-audit/article67116910.ece Clipped from: https://www.thehindubusinessline.com/opinion/dont-dilute-the-human-factor-in-audit/article67116910.ece Systems now largely drive the audit process. But to know where things can go wrong, the human element plays a vital role
Highest number of MSME shutdowns and new registrations seen in post-Covid FY23 – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/highest-number-of-msme-shutdowns-and-new-registrations-seen-in-post-covid-fy23/article67118594.ece Clipped from: https://www.thehindubusinessline.com/economy/highest-number-of-msme-shutdowns-and-new-registrations-seen-in-post-covid-fy23/article67118594.ece About 25,000 MSMEs downed their shutters in the past 3 years Nearly 25,000 units in the micro, small and medium enterprise (MSME) segment in
L&T to buy back 3.3 crore shares at up to ₹3,000 apiece – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/lt-to-buy-back-33-crore-shares-at-up-to-3000-apiece/article67120043.ece Clipped from: https://www.thehindubusinessline.com/markets/lt-to-buy-back-33-crore-shares-at-up-to-3000-apiece/article67120043.ece This is the first ever share buyback by the company, which had attempted a buyback in 2019 Larsen & Toubro has approved
👍👍👍👍👍👍👍Presumptive Taxation Scheme Under Section 44ADA and Section 44AE
https://taxguru.in/income-tax/presumptive-taxation-scheme-section-44ada-section-44ae.html Clipped from: https://taxguru.in/income-tax/presumptive-taxation-scheme-section-44ada-section-44ae.html Presumptive Taxation Scheme Under Section 44ADA and Section 44AE of Income Tax Act 1961 1. Presumptive Taxation Scheme of Section 44ADA: A
👍👍👍👍👍👍👍Income Tax benefits available to Small Businessmen for AY 2023-24
https://taxguru.in/income-tax/list-income-tax-benefits-small-businessmen.html Clipped from: https://taxguru.in/income-tax/list-income-tax-benefits-small-businessmen.html 2.f List of benefits available to Small Businessmen* S.N. Particulars Section Benefits/Deductions allowed A. Presumptive Taxation Scheme 1. Computation of income from
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