lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-unseen-bias-causes-loan-applications-by-women-entrepreneurs-to-be-delayed-or-rejected-more-often/2598063/ Credit and Finance for MSMEs: The government needs to increase the funding being directed toward women entrepreneurs. If the loans can be granted
Author: Anil R Tikotekar
*******Income Tax Return: Which ITR Form to choose? Simply check your sources of income | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-return-which-itr-form-to-choose-simply-check-your-sources-of-income/2597741/?ref=Must_Read While there are many conditions involved in deciding a Form for filing return, the main indicators are however the sources of income. As
*****Growth challenges ahead: Will the current circumstances be a repeat of 2019-20? | The Financial Express
lipped from: https://www.financialexpress.com/opinion/growth-challenges-ahead-will-the-current-circumstances-be-a-repeat-of-2019-20/2598050/ This time around, economic recovery appeared robust and gained momentum in Q4 FY22. A recession in the advanced economies could set back exports
*****Indian handset makers get Rs 20,000 cr tax bill: Industry players call it retrospective tax | The Financial Express
Clipped from: https://www.financialexpress.com/industry/indian-handset-makers-get-rs-20000-cr-tax-bill-industry-players-call-it-retrospective-tax/2598234/ Industry players said the tax has been levied from 2017 onwards and termed it a retrospective tax. Along with the assembly panels come
*****ITR 2021-22: List of transactions needed to furnish your tax return | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/itr-2021-22-list-of-transactions-needed-to-furnish-your-tax-return-122071800288_1.html There are several transactions that one needs to mention mandatorily in the ITR 2021-22 (AY 2022-23). It is necessary to avoid a notice
*At least 24 states/UTs pre-publish draft rules on 4 codes: Labour Min | Business Standard News
Clipped from: https://www.business-standard.com/article/politics/at-least-24-states-uts-pre-publish-draft-rules-on-4-codes-labour-min-122071800704_1.html Labour reforms are progressing as at least 24 states have pre-published draft rules for four labour codes on wages, social security, industrial relations
*****US is exporting inflation, and Federal Reserve hikes will make it worse | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-is-exporting-inflation-and-federal-reserve-hikes-will-make-it-worse-122071801452_1.html With rates in the US rising much faster than in the eurozone and Japan, the dollar is soaring In Europe and elsewhere, energy
*Uber adds safety net: Riders can now share live location updates with cops | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/new-uber-safety-feature-shares-live-location-updates-with-police-122071801163_1.html Riders or drivers will be able to share their live location along with their name and contact details at the swipe of a
*Priority is that buyers should get flats: Supreme Court on Amrapali row | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/priority-that-buyers-should-get-flats-supreme-court-on-amrapali-row-122071801115_1.html The Supreme Court Monday clarified that its priority is that hassled home buyers of Amrapali Group of companies get their homes and thereafter
*******GST changes from Monday may put pressure on retail inflation: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-changes-from-today-to-put-pressure-on-retail-inflation-experts-122071800632_1.html Falling global commodity prices may neutralise the impact, say experts Retail price inflation moderated to 7.01 per cent in June, from 7.04 per
*India’s rising medical devices imports hurt small and medium units | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-rising-medical-devices-imports-hurt-small-and-medium-units-122071801395_1.html China accounts for about one-fifth of FY22 numbers; 41% surge overall The reason Chinese imports rose is that several traders realised that it
*******Single package of cereals, pulses, flour etc. weighing more than 25 kg not to attract GST – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/single-package-ofcereals-pulses-flour-etc-weighing-more-than-25-kg-not-to-attract-gst/article65653034.ece CBIC issues clarification on GST for pre-packaged commodity in a set of Frequently Asked Questions Central Board of Indirect Taxes & Custom (CBIC)
*India accounts for more than 13% of global start-up layoffs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/india-accounts-for-more-than-13-of-global-start-up-layoffs/article65654197.ece Data for April-July show start-ups downsize, rethink expansion as funds dry up Start-ups have been facing a tough time since the last quarter
*****Independent directors not liable for the acts of the company: Bombay HC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/independent-directors-not-liable-for-the-acts-of-the-company-bombay-hc/article65654246.ece In two different orders, the Court observed that simply because a person is a director of a company does not make him liable
*War effect: India’s pharma exports to Russia down 24% in April–May period – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/news/war-effect-indias-pharma-exports-to-russia-down-24-in-aprilmay-period/article65653833.ece Russia is the fourth largest pharma export market for India Indian pharma exports to Russia have dropped 24 per cent due to the
*******RBI’s low dividend payout raises concerns – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/rbis-low-dividend-payout-raises-concerns/article65655432.ece It shows up poor risk management of forex reserves, such as relying on dollar sales in domestic forex market to book profit The
*****Cautious optimism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/inflation-may-be-moderating-and-growth-showing-resilience-but-cad-is-a-concern/article65655206.ece Inflation may be moderating and growth showing resilience, but CAD is a concern On both the growth and inflation fronts, the Indian economy
*HC grant Bail to CA in case of alleged negligence in stock audit & Fraud–TAXGURU.IN
Clipped from: https://taxguru.in/chartered-accountant/hc-grant-bail-ca-case-alleged-negligence-stock-audit-fraud.html Sunil Bhatia Vs Serious Fraud Investigation Office (Delhi High Court) Since the ex-promoters/directors and similarly situated chartered accountants have been granted bail, there
Brief Summary of amendments in Companies Act 2013 WEF 1.04.2022-TAXGURU.IN
Clipped from: https://taxguru.in/company-law/brief-summary-amendments-companies-act-2013-wef-1-04-2022.html?utm_source=feedburner&utm_medium=email Brief Summary of MCA amendments of Companies Act 2013 effective from 1st April 2022 1. Companies (Management and Administration) Amendment Rules, 2022 Notification shall come into
*Can a chartered accountant sign a Provisional Financial Statement?–TAXGURU.IN
Clipped from: https://taxguru.in/chartered-accountant/chartered-accountant-sign-provisional-financial-statement.html?utm_source=feedburner&utm_medium=email As per Clause (3) of part 1 of second schedule of ICAI Act 1949 -A chartered accountant in practice shall be deemed to