Reserve Bank of India allows premature deposit withdrawal up to Rs 1 crore

https://www.business-standard.com/economy/news/reserve-bank-of-india-allows-pre-mature-deposit-withdrawal-up-to-rs-1-crore-123102601180_1.html Clipped from: https://www.business-standard.com/economy/news/reserve-bank-of-india-allows-pre-mature-deposit-withdrawal-up-to-rs-1-crore-123102601180_1.html Banks typically offer higher interest rates on non-callable deposits Listen to This Article The Reserve Bank of India (RBI) has increased the

Asian Paints Q2 result: Consolidated profit jumps 53% YoY to Rs 1,232 cr

https://www.business-standard.com/companies/results/asian-paints-q2-result-consolidated-profit-jumps-53-yoy-to-rs-1-232-cr-123102600548_1.html Clipped from: https://www.business-standard.com/companies/results/asian-paints-q2-result-consolidated-profit-jumps-53-yoy-to-rs-1-232-cr-123102600548_1.html The company announced an interim dividend of Rs 5.15 per share Listen to This Article The Asian Paints reported a jump of 53.31 per

India Enacts New Privacy Law: The Digital Personal Data Protection Act – Publications

https://www.morganlewis.com/pubs/2023/08/india-enacts-new-privacy-law-the-digital-personal-data-protection-act Clipped from: https://www.morganlewis.com/pubs/2023/08/india-enacts-new-privacy-law-the-digital-personal-data-protection-act India enacted its new privacy law—the Digital Personal Data Protection Act, 2023 (DPDP Act) on August 11. Once in effect, the DPDP

Partnership Firm and proprietorship concern having one common partner as individual could not be defined as relative u/s 2(41) of Companies Act

https://taxguru.in/excise-duty/partnership-firm-proprietorship-concern-common-partner-individual-defined-relative-u-s-2-41-companies-act.html Clipped from: https://taxguru.in/excise-duty/partnership-firm-proprietorship-concern-common-partner-individual-defined-relative-u-s-2-41-companies-act.html Asha Industries Vs C.C.E. & S.T. (CESTAT Ahmedabad) Conclusion: A proprietorship firm and the partnership firm even though the said proprietor was one

India’s Future: The Quest for High and Stable Growth | S&P Global

https://www.spglobal.com/en/research-insights/featured/special-editorial/look-forward/india-s-future-the-quest-for-high-and-stable-growth Clipped from: https://www.spglobal.com/en/research-insights/featured/special-editorial/look-forward/india-s-future-the-quest-for-high-and-stable-growth Achieving high and sustainable growth has been elusive for India; success will require reaping the demographic dividend, boosting private investment and increasing

What’s cooking, WHO? Its recent recommendations could end up unfairly categorising Indian traditional food products as unhealthy – Opinion News | The Financial Express

https://www.financialexpress.com/opinion/whats-cooking-who-its-recent-recommendations-could-end-up-unfairly-categorising-indian-traditional-food-products-as-unhealthy/3284762/ Clipped from: https://www.financialexpress.com/opinion/whats-cooking-who-its-recent-recommendations-could-end-up-unfairly-categorising-indian-traditional-food-products-as-unhealthy/3284762/ Guests at the G20 Summit were treated to a gastronomic extravaganza that exemplified the culinary diversity of India. An opulent array of

*Governance deficit: RBI’s recent actions must serve as a wake-upcall to banks for putting their house in order – Opinion News | The Financial Express

https://www.financialexpress.com/opinion/governance-deficit-rbis-recent-actions-must-serve-as-a-wake-upcall-to-banks-for-putting-their-house-in-order/3283889/ Clipped from: https://www.financialexpress.com/opinion/governance-deficit-rbis-recent-actions-must-serve-as-a-wake-upcall-to-banks-for-putting-their-house-in-order/3283889/ The regulator’s annual inspections, for the years FY20 and FY21, also found that the bank had marketed and engaged in sales of

Curing the states’ doctor deficiency: Can’t blame states’ medical seats alone, Graduate-retention policies also responsible – Opinion News | The Financial Express

https://www.financialexpress.com/opinion/curing-the-states-doctor-deficiency-cant-blame-states-medical-seats-alone-graduate-retention-policies-also-responsible/3283874/ Clipped from: https://www.financialexpress.com/opinion/curing-the-states-doctor-deficiency-cant-blame-states-medical-seats-alone-graduate-retention-policies-also-responsible/3283874/ The challenge is the production and distribution of doctors. X By Sandhya Venkateswaran & Khushboo Balani India’s reported doctor-population ratio stood at 0.9

*****Policy and data support can boost MSMEs’ role as drivers of future growth: ADB report – SME News | The Financial Express

https://www.financialexpress.com/business/sme-policy-and-data-support-can-boost-msmes-role-as-drivers-of-future-growth-adb-report-3285396/ Clipped from: https://www.financialexpress.com/business/sme-policy-and-data-support-can-boost-msmes-role-as-drivers-of-future-growth-adb-report-3285396/ As per the report, the average lending to MSMEs in these countries was 10.6 per cent of the country’s gross domestic product

Will I have to pay tax on the residual amount after selling an old flat and buying a new one? – Money News | The Financial Express

https://www.financialexpress.com/money/will-i-have-to-pay-tax-on-the-residual-amount-after-selling-an-old-flat-and-buying-a-new-one-3285149/ Clipped from: https://www.financialexpress.com/money/will-i-have-to-pay-tax-on-the-residual-amount-after-selling-an-old-flat-and-buying-a-new-one-3285149/ Tax on Flat Sale: As per Section 54, an individual can save long-term capital gains arising on the sale of RHP by

*****Loan portfolio protection: How First Loss Default Guarantee (FLDG) helps financial institutions – Money News | The Financial Express

https://www.financialexpress.com/money/loan-portfolio-protection-how-first-loss-default-guarantee-fldg-helps-financial-institutions-3285209/ Clipped from: https://www.financialexpress.com/money/loan-portfolio-protection-how-first-loss-default-guarantee-fldg-helps-financial-institutions-3285209/ FLDGs are cooperative risk-sharing arrangements between a Regulated Entity (RE) and a Lending Service Provider (LSP) The FLDG framework acts as a

Govt makes inter-state shifting of registered offices post IBC resolution easier – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/govt-makes-inter-state-shifting-of-registered-offices-post-ibc-resolution-easier/article67454061.ece Clipped from: https://www.thehindubusinessline.com/economy/govt-makes-inter-state-shifting-of-registered-offices-post-ibc-resolution-easier/article67454061.ece Move to unlock efficiency in IBC process Shifting the registered office of a company from one State to another just got easier

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