Clipped from: https://www.business-standard.com/article/economy-policy/how-credit-card-route-to-upi-may-come-at-a-price-for-merchants-122061200899_1.html Smaller merchants can be subsidised to make it work In the monetary policy announcement last week, the RBI said it would allow the
Author: Anil R Tikotekar
*Income Tax: Delisted company’s shares cannot be cited as losses | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-delisted-companys-shares-cannot-be-cited-as-losses/2557720/ Loss can be claimed only when the company goes into liquidation or the shares are actually transferred by you to another person for
*Biden warns US inflation could last ‘for a while’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/biden-warns-us-inflation-could-last-for-a-while/article65516901.ece Surging costs have become a political headache for the Biden administration, which have tried several measures to lower prices President Joe Biden cautioned
*****How to identify a good cover for heart patients? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-queryidentifying-a-good-cover-for-heart-patients/article65484098.ece Insurers have come up with customised fixed benefit health plans catering to conditions related to heart or critical illness plans I am 45
*****Calculating capital gains from equity MFs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-calculating-capital-gains-from-equity-mfs/article65508509.ece LTCG over and above ₹1 lakh a year is taxable at a rate of 10 per cent I had been investing in an
*****Know these special tax provisions on NRI investment income – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/know-these-special-tax-provisions-on-nri-investment-income/article65507982.ece These are applicable on specified investments in India done by non-residents in foreign currency In order to make tax compliance easier for non
India is likely to gain more from the emerging global economic order: TV Somanathan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/india-is-likely-to-gain-more-from-the-emerging-global-economic-order-tv-somanathan/article65518224.ece “If we continue to grow at 6-7 per cent a year, we will be way ahead of many countries” The old global economic
*****Understanding capital gains tax exemption under Section 54 | Business Standard News
Clipped from: https://www.business-standard.com/podcast/economy-policy/understanding-capital-gains-tax-exemption-under-section-54-122061000066_1.html Taxes are levied on earnings made from sale of residential property as well. It is known as capital gains tax. But did you
*****ITR Deadline Missed: You may have to pay higher TDS if you missed ITR deadline last year; how banks can check if you are a ‘specified person’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/pay-higher-tds-if-you-missed-itr-deadline-last-year-how-banks-can-check-if-you-are-a-specified-person/articleshow/92119559.cms Synopsis If you failed to file an ITR for the fiscal year 2020-21 (assessment year 2021-22), increased TDS may be applied to certain
Who is not eligible to file ITR-1 for FY 2021-22? | The Economic Times
https://economictimes.indiatimes.com/wealth/tax/who-is-not-eligible-to-file-itr-1-for-fy-2021-22/i-am-a-joint-owner-of-a-house-with-my-spouse-we-do-not-have-any-additional-property-can-i-file-itr-1/slideshow/92123447.cms Selecting the appropriate tax return form is the first step in completing an income-tax return (ITR). The applicable tax return form is determined…
*****6 reasons why you should not buy property via Power of Attorney – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/6-reasons-why-you-should-not-buy-property-via-power-of-attorney/articleshow/92072869.cms Synopsis Governed under the Contract Act and read with the Power of Attorney Act,1882, a PoA is a legal document through which a
Number of income tax returns rising: CBDT Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/number-of-income-tax-returns-rising-cbdt-chairman/articleshow/92146960.cms Synopsis The Board is witnessing an increase in tax collection, which usually happens if the country is showing an upward trend in economic
Can you sue the US government if your immigration process is delayed? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/can-you-sue-the-us-government-if-your-immigration-process-is-delayed/articleshow/92147286.cms Synopsis Fundamentally, is litigation against delays in the immigration process a viable option in your case? The answer is perhaps it is, but
Banker to 467 million Indians says loan demand is bouncing back – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banker-to-467-million-indians-says-loan-demand-is-bouncing-back/articleshow/92154731.cms Synopsis The rising demand for loans means SBI will have to shore up its capital adequacy ratio, since it is hovering at less
*****Loan demand not affected by rate hikes for now, say bankers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/loan-demand-not-affected-by-rate-hikes-for-now-say-bankers/article65513819.ece They point out that lending rates are still below pre-pandemic levels Though the impact of rising interest rates is being watched closely by
*****‘Interest rates to harden, rupee to remain under depreciating pressure for some time’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/interest-rates-to-harden-rupee-to-remain-under-depreciating-pressure-for-some-time/article65514444.ece But India’s robust domestic and external macro-parameters to help cushion global headwinds, says RBI Executive Director Radha Shyam Ratho, Executive Director, Reserve Bank
*****Cutting crude import bill is no easy task – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/cutting-crude-import-bill-is-no-easy-task/article65515237.ece Boosting oil and gas production, accompanied by focus on green energy, especially wind power, is vital to cut imports In March 2015, Prime
*****Skills training for MSMEs should change – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/skills-training-for-msmes-should-change/article65515326.ece Whether in Tripura or Haryana, there is little interaction between MSMEs and the ITIs. District Industries Centres should step in Developing and implementing
*****State of concern – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/state-of-concern/article65514483.ece States need to urgently act in pruning non-essential expenditure and knocking down their debt to prudent levels As the economy begins a gradual
*April IIP growth sizzles at eight-month high of 7.1% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/april-iip-growth-sizzles-at-eight-month-high-of-71/article65514717.ece Overall factory output growth bolstered by strong show in manufacturing, electricity sectors Factory output growth surprised on the upside in April hitting an