Clipped from: https://www.financialexpress.com/economy/rbi-says-economy-losing-steam-high-frequency-indicators-showing-loss-of-momentum/2540412/ The global recovery is expected to suffer a significant loss of momentum in 2022. The risks to the global economy in 2022 are
Author: Anil R Tikotekar
Clear up the ratings confusion, SEBI, RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/clear-up-the-ratings-confusion-sebi-rbi/articleshow/91842467.cms Synopsis A credit rating is an expression of an opinion in a standardised form. And the rating assigned to a given debt shows
CBDT notified amendment in Faceless penalty scheme, allowing mandatory personal hearing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbdt-notified-amendment-in-faceless-penalty-scheme-allowing-mandatory-personal-hearing/articleshow/91852314.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis The amendment has omitted the Regional Faceless Penalty Centre from the Faceless Penalty Scheme and provides that electronic records shall be authenticated
Woman gets 15 months in prison for punching flight attendant – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/woman-gets-15-months-in-prison-for-punching-flight-attendant/articleshow/91845848.cms Synopsis The 29-year-old Sacramento woman is prohibited from flying for three years while she is on supervised release and must participate in anger
Insurers, banks order probes in the wake of Axis Mutual Fund controversy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/insurers-banks-order-probes-in-the-wake-of-axis-mutual-fund-controversy/articleshow/91843193.cms Synopsis After reports that two Axis MF executives were implicated in front running – or, purchasing or selling shares based on non-public information
Points of departure | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/points-of-departure-122052601697_1.html MNC exits raise concern From Cairn and Hutchison to Harley-Davidson, General Motors, Ford, Holcim, Citibank, Barclays, RBS, and now Metro Cash & Carry,
*****Why aviation industry is a tempting target for cyberattacks | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/decoded-why-aviation-industry-is-a-tempting-target-for-cyberattacks-122052701407_1.html Airlines and aviation systems need to secure customer data, and also data transmission to ground controls At least 280 R-ware attacks were reported
*****Storm in a GST cup | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/storm-in-a-gst-cup-122052701390_1.html The notion that the recent Supreme Court ruling alters the nature of fiscal federalism is misplaced, but the Council would do well to
*****CBIC issues SOPs for recovering tax dues from insolvent companies | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/cbic-issues-sops-for-recovering-tax-dues-from-insolvent-companies-122052701466_1.html The CBIC said it has nominated a nodal officer to ensure filing of claims with the Insolvency and Bankruptcy Board of India (IBBI)
*Wheat markets still on the edge a fortnight after govt’s export ban | Business Standard News
Clipped from: https://www.thehindu.com/business/markets/sebi-tweaks-sop-in-case-of-defaults-by-trading-clearing-members/article65467062.ece The regulator, in consultation with the Market Infrastructure Institutions, has decided to modify the framework. The logo of the Securities and Exchange Board
*****SEBI tweaks SOP in case of defaults by trading, clearing members – The Hindu
Clipped from: https://www.thehindu.com/business/markets/sebi-tweaks-sop-in-case-of-defaults-by-trading-clearing-members/article65467062.ece The regulator, in consultation with the Market Infrastructure Institutions, has decided to modify the framework. The logo of the Securities and Exchange Board
*****Has the Supreme Court clipped the wings of GST Council? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/has-the-supreme-court-clipped-the-wings-of-gst-council/article65440439.ece The great achievement of GST is that it has brought about uniformity in taxation in our country Certain observations made by the Supreme
*****Reaffirming State rights in GST – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/business-laws/reaffirming-state-rights-in-gst/article65440504.ece Both Parliament and State have concurrent powers to legislate on GST and in the nature of a simultaneous power, the Apex court has
*High WPI may put pressure on retail inflation: RBI – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/high-wpi-may-put-pressure-on-retail-inflation-rbi-335373-2022-05-27 The RBI also said that the cost-push pressures from high industrial raw material prices, transportation costs and global logistics, and supply chain bottlenecks
*Fuel tax cuts won’t go far enough to curb inflation | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/fuel-tax-cuts-won-t-go-far-enough-to-curb-inflation-1112781.html The pressure on prices is spread wide across commodities and services Representative image. Credit: PTI Photo The central government’s recent decision to cut
*****Sustaining asset quality in PSBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sustaining-asset-quality-in-psbs/article65464510.ece A continuous tweaking of the credit risk management systems to the evolving macro environment holds the key It is noteworthy that public sector
Which ITR is applicable to you ? Courtesy E&Y
Which ITR form is applicable to you
*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