Clipped from: https://economictimes.indiatimes.com/markets/expert-view/deeper-us-recession-spells-big-trouble-for-india-says-swaminathan-aiyar/articleshow/93129880.cms SECTIONS Deeper US recession spells big trouble for India, says Swaminathan Aiyar By Tamanna Inamdar ,Last Updated: Jul 26, 2022, 02:39 PM IST
Author: Anil R Tikotekar
recession: A global recession will pose enormous fiscal challenges. India must be prepared – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/a-global-recession-will-pose-enormous-fiscal-challenges-india-must-be-prepared/articleshow/93145050.cms Synopsis India’s fiscal deficit was at 2.5% of GDP when the Great Recession struck, and Pranab Mukherjee increased it to 6.9%. This time,
AIS Feedback: How to submit Annual Information Statement (AIS) feedback
lipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-how-to-submit-annual-information-statement-ais-feedback/articleshow/93109316.cms Synopsis The AIS Consolidated Feedback file (ACF) allows taxpayers to obtain all of their AIS feedback, excluding feedback, ‘Information is correct,’ in one
Zomato share price falls to new low; may be attractive to buy now, says Jefferies, eyes over 100% gain | The Financial Express
Clipped from: https://www.financialexpress.com/market/zomato-share-price-falls-to-new-low-may-be-attractive-to-buy-now-says-jefferies-eyes-over-100-gain/2606107/?ref=Must_Read Zomato share price tanked 13% on Monday and another 7% on Tuesday to hit an all-time low of Rs 44.10. Zomato stock could
Income Tax Return: LTCG on equities up to Rs 1 lakh is tax free, but you may still end up paying tax | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-return-ltcg-on-equities-up-to-rs-1-lakh-is-tax-free-but-you-may-still-end-up-paying-tax/2606280/ Despite keeping the aggregate income within Rs 5 lakh and LTCG within Rs 1 lakh, you may still end up paying tax. You
Securitisation of loans given by MFIs sees healthy bounce back: ICRA – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/securitisation-of-loans-given-by-mfissees-healthy-bounce-back-icra/article65680801.ece Due to increased collection efforts, regulatory support in the form of restructuring and moratorium, and reduced concerns about the pandemic impact, investors are
Infosys net rises 3.2% YoY to ₹5,360 crore in June quarter – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/infosys-net-rises-32-yoy-to-5360-crore-in-june-quarter/article65678864.ece IT major marginally increases guidance for full year IT major Infosys has reported a 3.2 per cent year-on-year(YoY) rise in net profit at
Attrition in IT sector to see moderation soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/attrition-in-it-sector-to-see-moderation-soon/article65682330.ece Companies say work flexibility, compensation revisions will help reign in the rates Attrition rates of major IT firms in India have peaked and
As July 31 deadline looms, only 50% IT returns filed; tech glitches, AIS non-updation blamed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/nearly-50-itrs-yet-to-be-filed-experts-blame-tech-glitches-non-updation-of-ais/article65682059.ece July 31 is the due date of filing Income Tax Returns for assesses whose accounts need not be audited As the July 31
China ‘largest threat’ to Britain; has targeted India: Rishi Sunak | Business Standard News
Clipped from: https://www.business-standard.com/article/international/china-largest-threat-to-britain-has-targeted-india-rishi-sunak-122072500692_1.html China represents the “largest threat” to Britain and the world’s security and prosperity this century and there is evidence to suggest it has
Only GST-registered tenants face 18% tax on rent paid, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/only-gst-registered-tenants-face-18-tax-on-rental-homes-experts-122072501164_1.html One common query is what happens when a person not registered under GST rents a residential property to a person registered under GST
Banks flag concerns on rupee, floating rate bonds ahead of RBI policy | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-flag-concerns-on-rupee-floating-rate-bonds-ahead-of-rbi-policy-122072500709_1.html The discussions were held ahead of the RBI’s next monetary policy statement, scheduled August 5 The discussions were held ahead of the RBI’s
Eight PSBs join the account aggregator ecosystem ahead of deadline | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/eight-psbs-join-the-account-aggregator-ecosystem-ahead-of-deadline-122072501074_1.html The remaining four, which are in the testing phase, could be inducted soon The ecosystem went live in September last year with an
RBI ‘correct’ to use FX reserves to tackle rupee volatility: Econ adviser | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-correct-to-use-fx-reserves-to-tackle-rupee-volatility-econ-adviser-122072500502_1.html The RBI is justified in using the country’s foreign exchange reserves to smooth out volatility in the rupee’s moves against the dollar, a
Infosys Q1 numbers may be the best amongst tier-1 players, but is it enough? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/infosys-q1-numbers-may-be-the-best-amongst-tier-1-players-but-is-it-enough/article65680765.ece Margin compression tempers business momentum Similar to its peers in the sector Infosys, too, reported mixed Q1 results – while revenue momentum is
GST to be ‘marginal’ on dairy & agro products: Finance Ministry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-economy/gst-to-be-marginal-on-dairy-agro-products-finance-ministry/article65681633.ece No GST on fresh, pasteurised milk Finance Ministry has said that the net impact of GST on various dairy and agro products would
Attrition in IT sector to see moderation soon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/attrition-in-it-sector-to-see-moderation-soon/article65682330.ece Companies say work flexibility, compensation revisions will help reign in the rates Attrition rates of major IT firms in India have peaked and
Is signing of accounts by chairman important? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-signing-of-accounts-by-chairman-important/article65678523.ece While the law does not mandate it, the chairman’s sign will provide greater comfort and assurance to stakeholders Way back in 1989, the
Widening the net – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/extending-gst-to-all-packaged-food-items-makes-sense-but-there-could-arise-serious-implementation-issues/article65670874.ece Extending GST to all packaged food items makes sense, but there could arise serious implementation issues The move — following the 47 th GST Council
What ails the sanctions on Russia | The Financial Express
lipped from: https://www.financialexpress.com/opinion/what-ails-the-sanctions-on-russia/2604523/ Under the current regime, the West risks falling between two horses Shortages are multiplying, pushing inflation higher. At this point, the country no