Clipped from: https://www.financialexpress.com/investing-abroad/featured-stories/bank-run-svb-stock-price-falls-over-40-in-pre-market-after-tanking-60-on-thursday/3004993/ SVB could be one of the first casualties of the US Fed’s unprecedented rate hikes. SVB announced the sale of billion of dollars
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.
👍Incentives for promoting MF investment must be reimagined – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/incentives-for-promoting-mf-investment-must-be-reimagined/article66600368.ece With instances of AMCs and their intermediaries indulging in sharp practices to claim B-30 incentives surfacing, SEBI is right in suspending this giveaway
–DigiLocker: How to download driving license online – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/how-to/digilocker-how-to-download-driving-license-online/article66600119.ece Digilocker service makes it easy to download driving license Use of DigiLocker by a resident in Chennai. | Photo Credit: PICHUMANI K For
👍SVB jitters spook global stocks: Here’s everything we know about the bank right now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/svb-jitters-spook-global-stocks-heres-everything-we-know-about-the-bank-right-now/article66602702.ece SVB stock plunged 60% on Thursday. Notably, it is the only publicly-traded bank in the US with a focus on Silicon Valley and
–Widening protectionism | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/widening-protectionism-123030901284_1.html Quality control should not be made a non-tariff barrier Once a government gives in to protectionism, its control of trade and manufacturing inevitably
👍👍👍Bombay HC relief for GST assessees amid non-existence of tribunal | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bombay-hc-relief-for-gst-assessees-amid-non-existence-of-tribunal-123031000510_1.html No recovery from taxpayers once a declaration of intent filed by them to appeal against order of lower authorities is put on record
👍Auditor issue in Adani-Hindenburg saga: ‘It’s not about size, but about quality’, says ICAI President Aniket Talati – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/auditor-issue-in-adani-hindenburg-saga-its-not-about-size-but-about-quality-says-icai-president-aniket-talati/article66599062.ece ICAI not examining the auditor issue raised by Hindenburg Research report ICAI President Aniket Talati | Photo Credit: Anusree P V _11720@Chennai In
👍👍👍👍👍Global economic downturn is ‘net positive’ for India, says CEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/global-economic-downturn-is-net-positive-for-india-says-cea/article66600567.ece V. Anantha Nageswaran, Chief Economic Advisor to the Government of India , speaks on `Have global headwinds delayed India’s march to a 5
👍👍👍👍👍Sebi announces reward mechanism for informants providing tips on defaulters | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-announces-reward-mechanism-for-informants-providing-tips-on-defaulters-123030900792_1.html With an aim to recover fines from elusive offenders, capital markets regulator Sebi on Thursday introduced a reward system for up to Rs
👍👍👍👍👍Finance Ministry tightens definition of ‘beneficial owners’ under PMLA | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/finance-ministry-tightens-definition-of-beneficial-owners-under-pmla-123030901080_1.html Finance Ministry tightened the definition of beneficial owners under the anti-money laundering law, mandating reporting entities like banks and crypto platforms to collect
🙏🙏🙏🙏🙏Reversal of Input Tax Credit of GST
Clipped from: https://taxguru.in/goods-and-service-tax/reversal-input-tax-credit-gst.html Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services. Under the GST regime, Input Tax Credit
–Deduction u/s. 54F available as nexus sale of gold jewellery & purchase of flat established
Clipped from: https://taxguru.in/income-tax/deduction-u-s-54f-available-nexus-sale-gold-jewellery-purchase-flat-established.html Kishori Dwarakanath Pandey Vs ITO (ITAT Mumbai) ITAT Mumbai held that deduction under section 54F of the Income Tax Act duly available as
👍Penalty u/s 78 not imposable in absence of deliberate intention to evade payment of service tax
Clipped from: https://taxguru.in/service-tax/penalty-u-s-78-imposable-absence-deliberate-intention-evade-payment-service-tax.html Cable Vision Vs Commissioner of Central Excise and Service Tax (CESTAT Chennai) CESTAT Chennai held that penalty under section 78 of the Finance
–PhonePe: How to find QR code, download, share – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/how-to/upi-how-to-set-your-qr-code-on-phonepe/article66598698.ece Guide to find QR code on PhonePe UPI payments can be made through UPI ID, phone number, and QR codes. The apps, including PhonePe,
👍Kotak Mahindra Bank has small exposure to Adani; issues afflicting group more valuations-oriented – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/kotak-mahindra-bank-has-small-exposure-to-adani-issues-afflicting-group-more-valuations-oriented/article66598920.ece Paritosh Kashyap, president and head for wholesale banking at Kotak Mahindra Bank, said operating companies in the Adani Group have “reasonable leverage” Kotak
–Paytm Payments Bank goes live with UPI LITE for small-value transactions | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/paytm-payments-bank-goes-live-with-upi-lite-for-small-value-transactions-123030900528_1.html Paytm Payments Bank Limited has gone live with UPI LITE, a feature enabled by the National Payments Corporation of India (NPCI) for multiple
👍Take proactive actions, ensure no load shedding during summer: R K Singh | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/take-proactive-actions-ensure-no-load-shedding-during-summer-r-k-singh-123030900414_1.html The government has asked power companies to ensure that there is no load shedding during the summer season and urged all stakeholders to
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