Clipped from: https://www.business-standard.com/article/economy-policy/eroding-rupee-may-impair-centre-s-finances-via-higher-subsidy-bill-122071901233_1.html The finance ministry has hinted that India’s fertiliser subsidy bill for 2022-23 (FY23) could rise to around Rs 2.5 trillion against Budget Estimates
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.
Rupee at 80: Little relief on the cards from high trade deficit | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/limited-relief-from-record-trade-deficit-expected-as-rupee-hits-80-122071901432_1.html Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against
Rupee at 80: Signs of lower FY23 GDP and corporate sector growth | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-erosion-to-herald-lower-gdp-corporate-sector-growth-in-fy23-122071901459_1.html The correlation coefficient between the year-on-year (YoY) change in corporate sector revenue and the rupee exchange rate is minus 0.63 since 2003-04 (FY04)
*1,000 passenger complaints received against Air India in 3 months: Govt | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/1-000-passenger-complaints-received-against-air-india-in-3-months-govt-122071900839_1.html DGCA on June 14 said it imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid
*Amul posts group turnover of Rs 61,000 cr in FY22 on milk & ice-cream biz | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amul-posts-group-turnover-of-rs-61-000-cr-in-fy22-on-milk-ice-cream-biz-122071901369_1.html Post pandemic recovery results in addition of Rs 8,000 crore in annual turnover Rise in milk procurement has also led to Amul basing
Govt’s plastic straw ban to curb pollution leaves Indian consumers thirsty | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-s-plastic-straw-ban-to-curb-pollution-leaves-indian-consumers-thirsty-122072000116_1.html With 19 single-use plastic items banned from July 1, including the straws, companies including Dabur India Ltd. and Parle Agro Pvt, have been
*Google relaxes Play Store fee in Europe – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/google-relaxes-play-store-fee-in-europe/article65658601.ece Google announces non-gaming app developers can offer EEA users an alternative to Play’s billing system After facing backlash from developers, Google on Tuesday
Banks want special recovery tribunals for high-value debts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-want-special-recovery-tribunals-for-high-value-debts/article65657565.ece Over 1.6 lakh cases pending at debt recovery tribunals as at February 2022 Banks have petitioned the Finance Ministry to set up special debt
‘Steel export duty, a big blow’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/steel-export-duty-a-big-blow/article65658231.ece Indian mills are losing valued clients to competing countries, says ArcelorMittal Nippon Steel India The imposition of export duty on Indian steel companies
*In 2021, over 1.6 lakh Indians renounced citizenship – The Hindu
Clipped from: https://www.thehindu.com/news/national/in-2021-over-16-lakh-indians-renounced-citizenship/article65658065.ece?homepage=true India The Hindu Bureau NEW DELHI July 19, 2022 22:24 IST Updated: July 19, 2022 22:39 IST The Hindu Bureau NEW DELHI July 19, 2022 22:24
*******GST on Rental Income of a Residential House Property given to a registered person
Clipped from: https://taxguru.in/goods-and-service-tax/gst-rental-income-residential-house-property-registered-person.html?utm_source=feedburner&utm_medium=email GST Impact on Rental Income of a Residential House Property has given to a registered person (Under GST) under GST Law w.e.f. 18.07.2022.
*The five-day work week might be fading away – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-five-day-work-week-might-be-fading-away/article65655152.ece Instead, an old idea, a four-day work week, could become a reality, shaping the future of staff engagement ‘A four-day work week for
*Cart before the horse: on bail law in India – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/cart-before-the-horse-on-bail-law-in-india/article65654741.ece Police should not arrest first and then fish for a possible offence Police should not arrest first and then fish for a possible
*Unicorn on a bike: how Rapido fought Ola and Uber to win big in small rides – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/unicorn-on-a-bike-how-rapido-fought-ola-and-uber-to-win-big-in-small-rides/primearticleshow/92963964.cms SynopsisThe latest Swiggy-led funding round put Rapido’s valuation around USD830 million. This is impressive for a startup that survived on just USD2 million
*******MSME registrations on govt’s Udyam portal near 1-crore milestone in 2 years | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msme-registrations-on-govts-udyam-portal-near-1-crore-milestone-in-2-years/2597989/ Ease of Doing Business for MSMEs: Aadhaar number-based registration on the Udyam portal is free, paperless, and based on self-declaration. PAN and GST
*****Unseen bias causes loan applications by women entrepreneurs to be delayed or rejected more often’ | The Financial Express
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
*******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
