Clipped from: https://economictimes.indiatimes.com/news/economy/finance/a-jump-in-forward-premiums-could-ease-pressure-on-rupee/articleshow/92735332.cms Synopsis A day after the RBI announced measures to shore up forex reserves and arrest the local unit’s free fall, the rupee gained
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.
*******How stability in the rising dollar could revive portfolio inflows into India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/how-stability-in-the-rising-dollar-could-revive-portfolio-inflows-into-india/articleshow/92732382.cms Synopsis For a while, it seemed that the dollar was losing momentum at levels of over 105 for the DXY. That led analysts
*Banks working with CEIB on data sharing to curb frauds – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-working-with-ceib-on-data-sharing-to-curb-frauds/articleshow/92733262.cms Synopsis “We will have a uniform format for obtention of information and further aim towards digitisation of the whole information network, so that
*Rupee’s slide pits RBI against a market full of bears – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/rupees-slide-pits-rbi-against-market-full-of-bears/articleshow/92730314.cms Synopsis The currency has already dropped more than 6% this year, putting it on the threshold of 80 per dollar for the first
*******GST 2.0 may be free of jurisdiction: Vivek Johri, chairman, CBIC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-2-0-may-be-free-of-jurisdiction-vivek-johri-chairman-cbic/articleshow/92733183.cms Synopsis New Delhi, which raised the import duty on gold recently, is not looking at any further administrative measures immediately to clamp down
*How to calculate taxable income for FY 2021-22 to file income tax return (ITR) – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-calculate-taxable-income-for-fy-2021-22-to-file-income-tax-return-itr/articleshow/92695341.cms Synopsis An individual earns income from various sources such as salary, rent, capital gains, interest income etc. An individual taxpayer must ensure that
Recent Service Tax Show Cause Notices – Validity Thereof—TAXGURU.IN
Clipped from: https://taxguru.in/service-tax/service-tax-show-notices-validity-thereof.html The Service tax authorities have recently issued a spate of SCNs for the FY 2015-16 to June 2017. Most of these notices are
Letterfrom The Chartered Accountants Association — Issuance of Service Tax Notices
Clipped from: https://facelesscompliance.com/16160/service-tax-notices-are-issued-for-fy-2015-16-are-illegal-show-cause-notices-says-ca-association Extract of Letter of The Chartered Accountants Association We would like to bring to your kind notice that The Chartered Accountants Association is
*******Need to recognise global factors in inflation and policy coordination, says RBI governor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/need-to-recognise-global-factors-in-inflation-and-policy-coordination-says-rbi-governor/articleshow/92767751.cms Synopsis Das reiterated that RBI endeavors to bring down the inflation closer to the target of 4% with a moderate slowdown to output
*****Dogged by inflation: The Hindu Editorial on price rise and policy measures – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/dogged-by-inflation-the-hindu-editorial-on-price-rise-and-policy-measures/article65596527.ece Policymakers must focus on easing price pressures so as not to derail recovery Policymakers must focus on easing price pressures so as not
*******Delayed payments for small firms stifle economic growth | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/delayed-payments-for-small-firms-stifle-economic-growth-8018047/ For every day that a payment is delayed for credit-starved MSMEs, there is an erosion of value. If this issue is not addressed
*****Shoring up early: RBI’s measures to attract dollars are a prudent call. Good news is that commodity prices are falling–TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/shoring-up-early-rbis-measures-to-attract-dollars-are-a-prudent-call-good-news-is-that-commodity-prices-are-falling/ TOI Edit– Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues
*****3 companies bag payment aggregator permit – Times of India
lipped from: https://timesofindia.indiatimes.com/business/india-business/3-companies-bag-payment-aggregator-permit/articleshow/92758848.cms MUMBAI: The RBI has given in-principle approvals to Pine Labs, Razorpay and Stripe for a payment aggregator licence. Over 160 operators have shown
*Zerodha CEO Nithin Kamath says Sebi rules protect Indians when US markets catch cold – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/zerodha-ceo-nithin-kamath-says-sebi-rules-protect-indians-when-us-markets-catch-cold/articleshow/92754313.cms Synopsis In a thread on Twitter, Kamath said most of the Sebi regulations have hurt the revenues of brokers in the short term
*******The heat is on: Hard to see when the pressure on the rupee will ease, despite RBI’s efforts | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-heat-is-on-hard-to-see-when-the-pressure-on-the-rupee-will-ease-despite-rbis-efforts/2585524/ Last Friday, they increased the import duties on gold and imposed an export tax on petroleum products; there was an immediate reaction with
*RBI’s steps to have positive impact on capital inflows, rupee: DEA secretary | The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbis-steps-to-have-positive-impact-on-capital-inflows-rupee-dea-secretary/2586690/ The central bank on Wednesday announced a series of measures to boost foreign exchange inflows, including permitting overseas investors to buy short-term corporate
*****GST: Mandatory e-invoicing for companies with Rs 5-crore sales from January | The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-mandatory-e-invoicing-for-companies-with-rs-5-crore-sales-from-january/2588108/ The tax authorities will also be able to better analyse the trends and availment of input tax credit across sectors and weed out
*No signs of slowdown in attrition at TCS; firm says it has enough hands | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/no-signs-of-slowdown-in-attrition-at-tcs-firm-says-it-has-enough-hands-122070801272_1.html TCS which had shared in Q4 of FY22 the hiring target of 40,000 for FY23, said the target remains Photo: Shutterstock Attrition at India’s
*Revving up in low gear: The paradoxes in India’s transport sector | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/revving-up-with-brakes-on-the-paradoxes-in-india-s-transport-sector-122070800816_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 No Indian airline makes money, railways’ passenger traffic is stagnant, and roads have a revenue imbalance problem, but investments in all three are
*******Power of RTI Act: How, where to use the right to question your govt | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/power-of-rti-act-how-where-to-use-the-right-to-question-your-govt-122070801362_1.html What is RTI Act? Indian citizens can seek any information that the government can disclose to the Parliament of India. From application to
