Which ITR form is applicable to you
Author: Anil R Tikotekar
*Which income tax return form is applicable to you for FY 2021-22? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-which-income-tax-return-form-is-applicable-to-you-for-fy-2021-22/articleshow/91464367.cms Synopsis Income tax return (ITR) filing is mandatory if an individual’s gross total income exceeds Rs 2.5 lakh in a financial year. If
*****Banks need to be watchful on restructured advances, warns RBI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-need-to-be-watchful-on-restructured-advances-warns-rbi/article65466257.ece With the unwinding of support measures, some of the restructured accounts might face solvency concerns, says RBI Banks need to be watchful of
*****How long before rural demand revives? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-long-before-rural-demand-revives/article65463204.ece In general, conditions are ripe for a recovery but look deeper, more pain is in store It is not often that India gets
*****What ails the IBC? A problem of timely resolution | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/what-ails-the-ibc-a-problem-of-timely-resolution/2537878/ Inordinate delays make the market for Distressed assets mimic the Lemons problem The newsletter reports that 29 corporate insolvency resolution processes (CIRPs) concluded
*****Should central bankers be this clear about interest rates? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/should-central-bankers-be-this-clear-about-interest-rates/articleshow/91818911.cms Synopsis Long caricatured as dour mandarins who like to hedge their bets, central bankers have discovered the power of declarative statements. They would
*****RBI to increase rates but hikes need not be endless, says Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-to-increase-rates-but-hikes-need-not-be-endless-says-shaktikanta-das/articleshow/91823101.cms Synopsis Further, rate hikes need not necessarily be endless as recent reduction in fuel taxes and ban on exports of some commodities may
*****Inflation forecast will drive rate action, says RBI governor Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/inflation-forecast-will-drive-rate-action-says-rbi-governor-shaktikanta-das/articleshow/91823003.cms Synopsis Das says Mint Street is committed to containing inflation. “At the same time, we have to keep in mind the requirements of
*****Sidhu’s special diet in jail: Lactose-free milk, almonds, chamomile tea | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/sidhu-s-special-diet-in-jail-lactose-free-milk-almonds-chamomile-tea-122052600969_1.html A board of doctors has recommended a special diet for Sidhu after he had sought the same in the jail. His medical examination
*****Why the states are grumbling | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/why-the-states-are-grumbling-122052500016_1.html The structure of central levies on petrol and diesel needs a review followed by their inclusion in GST The Union government’s decision last
*****A Vyapar Credit Card for MSMEs | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-vyapar-credit-card-for-msmes-122052500022_1.html Government data indicates that less than 40 per cent of MSMEs borrow from the formal financial system The Standing Committee on Finance has
*****Crude economics | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/crude-economics-122052501648_1.html India needs deeper fiscal reforms India’s macroeconomic outlook often changes, depending on the level of crude oil prices. As a large importer of energy,
*****Passive approach | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/passive-approach-122052501667_1.html Sebi’s plans will offer more options to investors In a recent circular, the Securities and Exchange Board of India (Sebi) issued an important update that
*****GST: Cooler heads for constructive ends | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/gst-cooler-heads-for-constructive-ends-122052501698_1.html To be sure, the cooperative spirit has gone missing since about 2018, reflecting the heavy-handedness of the Centre, not just on the GST
*Third-party motor insurance premium to go up from June 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/third-party-motor-insurance-premium-to-go-up-from-june-1/article65462622.ece This will jack up the insurance cost of cars and two-wheelers. The Ministry of Road Transport and Highways (MoRTH) on Wednesday increased the
*No legal right with candidate on mere application of job: SC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/no-legal-right-with-candidate-on-mere-application-of-job-sc/article65463135.ece The apex court, however, clarified that this is different from holding that the employer is free to act in an arbitrary manner A
*CBIC instructs no coercive action during search and seizure for recovery of dues – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/cbic-instructs-no-coercive-action-during-search-and-seizure-for-recovery-of-dues/article65463214.ece If it happens, then disciplinary action may be taken against the tax official The Central Board of Indirect Taxes and Custom (CBIC) has
*****FinMin revises cash management guidelines, permits use of unspent balances from one quarter to next – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/finmin-revises-cash-management-guidelines-permits-use-of-unspent-balances-from-one-quarter-to-next/article65463734.ece Expenditure capping for fourth quarter, March restored The Finance Ministry has permitted Central Ministries and Departments to carry forward unspent money in the
*****Apex court’s ruling on GST is a watershed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/apex-courts-ruling-on-gst-is-a-watershed/article65458398.ece Judgment time on GST RV Moorthy MOORTHY RV | Photo Credit: MOORTHY RV The judgment is likely to have some impact on the
*****Active nudge for passives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebis-guidelines-for-passive-funds-are-good-but-the-regulator-should-facilitate-more-india-specific-indices/article65460539.ece SEBIs guidelines for passive funds are good but the regulator should facilitate more India-specific indices Passive funds, which simply mirror an index or