https://www.thehindubusinessline.com/economy/policy/finmin-notifies-scheme-to-deploy-100-joint-commissioner-level-officers-to-dispose-small-it-appeals/article66911823.ece Clipped from: https://www.thehindubusinessline.com/economy/policy/finmin-notifies-scheme-to-deploy-100-joint-commissioner-level-officers-to-dispose-small-it-appeals/article66911823.ece The scheme establishes the role of Joint Commissioner of Income-tax (Appeals) to handle small appeals and certain orders In order to reduce
Author: Anil R Tikotekar
RBI sure of India’s growth, but stresses on reforms sustaining – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/rbi-sure-of-indias-growth-but-stresses-on-reforms-sustaining/article66911062.ece Clipped from: https://www.thehindubusinessline.com/economy/rbi-sure-of-indias-growth-but-stresses-on-reforms-sustaining/article66911062.ece Central bank sees FY24 GDP growth at 6.5%; flags uninspiring global outlook India’s growth momentum is likely to be sustained in 2023-24
If banks are into window dressing, RBI should act
https://www.thehindubusinessline.com/opinion/editorial/editorial-if-banks-are-into-window-dressing-rbi-should-act/article66908447.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-if-banks-are-into-window-dressing-rbi-should-act/article66908447.ece If banks are using methods such as entering into structured deals with a stressed borrower to conceal the bad loan, the RBI
Organs, tissue for transplantation can be carried by metro now
https://www.thehindubusinessline.com/news/organs-tissue-for-transplantation-can-be-carried-by-metro-now/article66910684.ece Clipped from: https://www.thehindubusinessline.com/news/organs-tissue-for-transplantation-can-be-carried-by-metro-now/article66910684.ece The Metro Railways (Carriage and Ticket) Rules, 2014, have been amended to allow transportation of human organs or tissues or both for
e-Rupee yet to take off in a big way – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/e-rupee-yet-to-take-off-in-a-big-way/article66911436.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/e-rupee-yet-to-take-off-in-a-big-way/article66911436.ece Total e-Re in circulation stood at ₹16.39 crore in FY23 After five months since the launch of central bank digital currency –
RBI plans new payment system to tackle disruption
https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-plans-new-payment-system-to-safeguard-essential-payments-against-digital-attack-natural-calamities/articleshow/100616716.cms Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-plans-new-payment-system-to-safeguard-essential-payments-against-digital-attack-natural-calamities/articleshow/100616716.cms Synopsis In its annual report 2023-23, RBI has mentioned conceptualising this new lightweight and portable payment system that can be operated from
ONDC set to launch an Academy to train network partners
https://www.thehindubusinessline.com/economy/ondc-set-to-launch-an-academy-to-train-network-partners/article66881271.ece lipped from: https://www.thehindubusinessline.com/economy/ondc-set-to-launch-an-academy-to-train-network-partners/article66881271.ece The course modules are being designed by the internal team, which is who are currently handholding network participants to get onboard ONDC
Denial of ITC on inter-state transfer of duty-free goods unfair
https://www.business-standard.com/industry/sme/chatroom-denial-of-itc-on-inter-state-transfer-of-duty-free-goods-unfair-123052900519_1.html?code=NTM4OTU9MTIzMDUyOTAwNTE5 Clipped from: https://www.business-standard.com/industry/sme/chatroom-denial-of-itc-on-inter-state-transfer-of-duty-free-goods-unfair-123052900519_1.html?code=NTM4OTU9MTIzMDUyOTAwNTE5 ‘The testing requirement will apply for exports to all countries, without exception’ Photo: Bloomberg Listen to This Article Q. We want to
FinMin urges PSBs to settle small debt defaults by taking haircuts
https://www.business-standard.com/economy/news/finmin-encourages-psbs-to-settle-small-debt-defaults-by-taking-haircuts-123052900830_1.html Clipped from: https://www.business-standard.com/economy/news/finmin-encourages-psbs-to-settle-small-debt-defaults-by-taking-haircuts-123052900830_1.html Says this would enable in reduction of pending cases at DRTs and enhance recovery for banks The delay in the disposal of
Bank credit to MSMEs jump 14% YoY in Apr-Dec FY23; micro units major beneficiaries: RBI annual report | The Financial Express
https://www.financialexpress.com/industry/sme/msme-fin-bank-credit-to-msmes-jump-14-yoy-in-apr-dec-fy23-micro-units-major-beneficiaries-rbi-annual-report/3107472/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-bank-credit-to-msmes-jump-14-yoy-in-apr-dec-fy23-micro-units-major-beneficiaries-rbi-annual-report/3107472/ Credit and finance for MSMEs: 45 per cent of the total loan amount to MSMEs in FY23 (till December) was deployed to
Officer drains 2.1 mn lt water to retrieve iPhone; suspended, asked to pay
https://www.business-standard.com/india-news/officer-drains-2-1-mn-water-to-retrieve-iphone-suspended-asked-to-pay-123053000438_1.html Clipped from: https://www.business-standard.com/india-news/officer-drains-2-1-mn-water-to-retrieve-iphone-suspended-asked-to-pay-123053000438_1.html In Chhattisgarh’s Kanker district, a food inspector, Rajesh Vishwas drained a reservoir over three days to retrieve his iPhone, causing much controversy
Sebi, industry officials seek common ground as differences on UPSI arise
https://www.business-standard.com/markets/news/insider-trading-sebi-compliance-officials-search-for-common-ground-on-upsi-123053000535_1.html Clipped from: https://www.business-standard.com/markets/news/insider-trading-sebi-compliance-officials-search-for-common-ground-on-upsi-123053000535_1.html Industry officials say linking non price-sensitive information with material events will bring compliance burden and confusion Listen to This Article India Inc
Editorial. If banks are into window dressing, RBI should act
Editorial. If banks are into window dressing, RBI should act: https://www.thehindubusinessline.com/opinion/editorial/editorial-if-banks-are-into-window-dressing-rbi-should-act/article66908447.ece
RBI flags governance gaps, attempts to conceal stressed assets
RBI flags governance gaps, attempts to conceal stressed assets : https://www.thehindubusinessline.com/money-and-banking/rbi-flags-governance-gaps-instances-of-stressed-assets-misreporting/article66907187.ece