https://www.business-standard.com/opinion/editorial/no-middle-ground-123090501369_1.html Clipped from: https://www.business-standard.com/opinion/editorial/no-middle-ground-123090501369_1.html Xi’s decision is a lose-lose Listen to This Article After weeks of speculation, the Chinese foreign ministry confirmed on Monday that President
Author: Anil R Tikotekar
Fintechs can act both as competitors and collaborators: T Rabi Sankar
https://www.business-standard.com/economy/news/fintechs-can-act-both-as-competitors-and-collaborators-t-rabi-sankar-123090501235_1.html Clipped from: https://www.business-standard.com/economy/news/fintechs-can-act-both-as-competitors-and-collaborators-t-rabi-sankar-123090501235_1.html He said regulators also draw comfort in these arrangements as traditional financial entities- banks, NBFCs which are well regulated will continue to
Inflation expected to moderate from September: RBI governor Shaktikanta Das
https://www.business-standard.com/economy/news/inflation-is-expected-to-moderate-from-september-rbi-guv-shaktikanta-das-123090501153_1.html Clipped from: https://www.business-standard.com/economy/news/inflation-is-expected-to-moderate-from-september-rbi-guv-shaktikanta-das-123090501153_1.html He said the monetary policy framework in India had evolved in line with developments in theory and country practices, the changing nature
Udyam registration for MSMEs: Govt’s portal crosses 2.5 crore milestone; check details | The Financial Express
https://www.financialexpress.com/business/sme-formalising-msmes-new-milestone-achieved-this-many-msmes-registered-on-udyam-so-far-check-details-3231244/ Clipped from: https://www.financialexpress.com/business/sme-formalising-msmes-new-milestone-achieved-this-many-msmes-registered-on-udyam-so-far-check-details-3231244/ The total employment reported by 1.89 crore units (excluding UAP-based registrations) was 13.52 crore, as of September 3, 2023, with 1.38 crore
👍Enhancing MSME Growth through Risk Reduction: Introducing Credit Scoring in the Trade Credit Sector | The Financial Express
https://www.financialexpress.com/business/sme-enhancing-msme-growth-through-risk-reduction-introducing-credit-scoring-in-the-trade-credit-sector-3231241/ Clipped from: https://www.financialexpress.com/business/sme-enhancing-msme-growth-through-risk-reduction-introducing-credit-scoring-in-the-trade-credit-sector-3231241/ Using credit scores to provide loans has become quite a common phenomenon in the lending sector. It enabled banks to process loans
GeM’s provision of penal interest on delayed payments to be fully functional from September end | The Financial Express
https://www.financialexpress.com/business/sme-gems-provision-of-penal-interest-on-delayed-payments-to-be-fully-functional-from-september-end-3233318/ Clipped from: https://www.financialexpress.com/business/sme-gems-provision-of-penal-interest-on-delayed-payments-to-be-fully-functional-from-september-end-3233318/ In 2020, the government decided to levy a 1 per cent penalty on government departments and agencies for delayed payments to vendors
Need to broaden participation to expand digital commerce in India: ONDC’s Koshy | The Financial Express
https://www.financialexpress.com/business/industry-need-to-broaden-participation-to-expand-digital-commerce-in-india-ondcs-koshy-3234151/ Clipped from: https://www.financialexpress.com/business/industry-need-to-broaden-participation-to-expand-digital-commerce-in-india-ondcs-koshy-3234151/ Digital commerce is just starting in the country. X The country needs wider participation of buyers and sellers to expand digital commerce
Putin says there will be no new grain deal until West meets his demands
https://www.business-standard.com/world-news/erdogan-meets-putin-with-aim-to-revive-ukraine-grain-export-deal-123090400658_1.html Clipped from: https://www.business-standard.com/world-news/erdogan-meets-putin-with-aim-to-revive-ukraine-grain-export-deal-123090400658_1.html Talks between Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan began on Monday Russian President Vladimir Putin (Photo: PTI) Listen
Govt may give 6 months to industry to adjust to new data rules: MoS IT
https://www.business-standard.com/india-news/govt-may-give-6-months-to-industry-to-adjust-to-new-data-rules-mos-it-123090401211_1.html Clipped from: https://www.business-standard.com/india-news/govt-may-give-6-months-to-industry-to-adjust-to-new-data-rules-mos-it-123090401211_1.html The government may give around six months to industry to align with the Digital Personal Data Protection Act, Minister of State for
Chief executives of shadow banks urge RBI to allow public deposits
https://www.business-standard.com/economy/news/chief-executives-of-shadow-banks-urge-rbi-for-accepting-public-deposit-123090300471_1.html Clipped from: https://www.business-standard.com/economy/news/chief-executives-of-shadow-banks-urge-rbi-for-accepting-public-deposit-123090300471_1.html Number deposit taking NBFCs fell sharply in last 8 years Representative Image Listen to This Article Chief executives of non-banking financial companies
Potential for Indian IT sector stocks likely to see some rerating
https://www.business-standard.com/markets/stock-market-news/potential-for-indian-it-sector-stocks-likely-to-see-some-re-rating-123090401141_1.html Clipped from: https://www.business-standard.com/markets/stock-market-news/potential-for-indian-it-sector-stocks-likely-to-see-some-re-rating-123090401141_1.html Much of the bad news seems priced in, and a gradual recovery in US tech spending could happen from Q2 Representative Image
Around 500,000 taxpayers get I-T department alert for low advance tax
https://www.business-standard.com/economy/news/300k-500k-get-i-t-department-intimation-for-zero-or-lower-advance-tax-123090401275_1.html Clipped from: https://www.business-standard.com/economy/news/300k-500k-get-i-t-department-intimation-for-zero-or-lower-advance-tax-123090401275_1.html ‘Intimation’ comes ahead of tax payment due date Listen to This Article The income tax (I-T) department issued intimations to an estimated
CBDC can fix cross-border payment problems: RBI Governor Shaktikanta Das
https://www.business-standard.com/finance/news/cross-border-payments-continue-to-be-high-cost-low-speed-rbi-governor-123090401058_1.html lipped from: https://www.business-standard.com/finance/news/cross-border-payments-continue-to-be-high-cost-low-speed-rbi-governor-123090401058_1.html RBI governor flags issues of high cost, low speed, limited access RBI Governor Shaktikanta Das at the G20 TechSprint Finale organised by
👍👍👍👍👍The fine print to today’s inflation – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/the-fineprint-to-todays-inflation/article67270833.ece Clipped from: https://www.thehindubusinessline.com/opinion/the-fineprint-to-todays-inflation/article67270833.ece Food-price-driven inflation is striking because it has occurred in a period of comfortable levels of production As news broke that the monsoon
Burden Lies on Assessee to Prove that his Case Falls under Exemption Notification: CESTAT confirms Service Tax Demand on Restaurant Service
Read More: https://www.taxscan.in/burden-lies-on-assessee-to-prove-that-his-case-falls-under-exemption-notification-cestat-confirms-service-tax-demand-on-restaurant-service/317458/ Clipped from: https://www.taxscan.in/burden-lies-on-assessee-to-prove-that-his-case-falls-under-exemption-notification-cestat-confirms-service-tax-demand-on-restaurant-service/317458/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Burden%20Lies%20on%20Assessee%20to%20Prove%20that%20his%20Case%20Falls%20under%20Exemption%20Notification:%20CESTAT%20confirms%20Service%20Tax%20Demand%20on%20Restaurant%20Service Top Stories The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), confirmed service tax demand on restaurant service
Judging economic performance is tricky – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/judging-economic-performance-is-tricky/article67076749.ece Clipped from: https://www.thehindubusinessline.com/opinion/judging-economic-performance-is-tricky/article67076749.ece If you look at employment, India is in a crisis but not if you look at inflation. In the US, it’s the
Data Protection Bill gives state sweeping powers – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/data-protection-bill-gives-state-sweeping-powers/article67076973.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/data-protection-bill-gives-state-sweeping-powers/article67076973.ece Various provisions of the Bill have been left ambiguous too Six years after the Supreme Court upheld privacy as a fundamental right,
DGFT issues notice regarding to extend Pre and Post shipment Export Credit and Packing Credit Loan in Foreign Currency for E-Commerce Exports
Read More: https://www.taxscan.in/dgft-issues-notice-regarding-to-extend-pre-and-post-shipment-export-credit-and-packing-credit-loan-in-foreign-currency-for-e-commerce-exports/317558/ Clipped from: https://www.taxscan.in/dgft-issues-notice-regarding-to-extend-pre-and-post-shipment-export-credit-and-packing-credit-loan-in-foreign-currency-for-e-commerce-exports/317558/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=DGFT%20issues%20notice%20regarding%20to%20extend%20Pre%20and%20Post%20shipment%20Export%20Credit%20and%20Packing%20Credit%20Loan%20in%20Foreign%20Currency%20for%20E-Commerce%20Exports Top Stories The Directorate General of Foreign Trade (DGFT), vide Trade Notice no. 26/2023 issued extension of Pre Shipment and Post
👍👍👍👍👍PayNearby, Grameen Foundation partner to upskill 1.5 lakh business correspondents in rural areas | The Financial Express
https://www.financialexpress.com/business/sme-paynearby-grameen-foundation-partner-to-upskill-1-5-lakh-women-in-rural-areas-as-business-correspondents-3232193/ Clipped from: https://www.financialexpress.com/business/sme-paynearby-grameen-foundation-partner-to-upskill-1-5-lakh-women-in-rural-areas-as-business-correspondents-3232193/ The collaboration will launch a two-year pan-India project ‘Scaling Agent Viability and Quality in India’ supported by the Bill and Melinda Gates
Gold purchase in wife’s name: Will you have to pay tax on income from its sale in future? | The Financial Express
https://www.financialexpress.com/money/income-tax-gold-purchase-in-wifes-name-will-you-be-liable-to-pay-tax-on-its-sale-in-future-3232382/ Clipped from: https://www.financialexpress.com/money/income-tax-gold-purchase-in-wifes-name-will-you-be-liable-to-pay-tax-on-its-sale-in-future-3232382/ Taxation of Gold purchased in wife’s name: Selling an asset at a price higher than the price at the time of purchase