Clipped from: https://economictimes.indiatimes.com/news/india/i-t-probe-on-mukesh-ambani-family-closed/articleshow/90599997.cms Synopsis These sources added that the probe initiated in 2019 under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax
Category: ART
*Indian banks need to get way smarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-indian-banks-need-to-get-way-smarter/articleshow/90598830.cms Synopsis Even though banking is ahead of other industries in analytics maturity, there is still enough room for more innovation. Early adopters of
*****Crypto Tax india: The 1% tax that has India’s crypto industry predicting chaos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/the-1-tax-that-has-indias-crypto-industry-predicting-chaos/articleshow/90603840.cms Synopsis Crypto-exchange executives, lawyers and tax analysts warn that the TDS will suck liquidity out of the market by forcing high-frequency traders to
In a first, transaction volumes on UPI cross 500 cr in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/in-a-first-transaction-volumes-on-upi-cross-500-cr-in-march/article65283021.ece Over 17 cr payments worth Rs. 20,000 cr have been made via UPI on daily basis The widely popular Unified Payments Interface (UPI)
*****Seven months after resuming talks, India, Australia to sign FTA today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/seven-months-after-resuming-talks-india-australia-to-sign-fta-today/article65282972.ece India sees big gains in pharma; Australia toget relaxations on wine India and Australia are all set to sign a free trade agreement
*****India Inc’s credit quality up sharply in second half of FY22: Rating agencies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/india-incs-credit-quality-up-sharply-in-second-half-of-fy22-rating-agencies/article65282975.ece Demand improvement, deleveragingby firms, govt’s relief measures help The credit quality of India Inc improved sharply in the second half of FY22 on
Net direct tax collection rises 50% to record Rs 13.81 trillion in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/net-direct-tax-collection-rises-50-to-record-rs-13-81-trillion-in-fy22-122040200005_1.html Gross mop-up touches record Rs 15.83 trn; exceeds Budget and revised estimates Gross collection in FY22 touched Rs 15.83 trillion, which too is
In Sri Lanka, an economic crisis foretold – The Hindu
Clipped from: https://www.thehindu.com/news/international/in-sri-lanka-an-economic-crisis-foretold/article65282210.ece The island’s economy, which was already reeling from the shock of the Easter Sunday bombings, was brought to its knees by COVID-19, an
WhatsApp bans 14.26 lakh Indian accounts in February | The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/whatsapp-bans-14-26-lakh-indian-accounts-in-february/2479351/ As many as 335 grievance reports were received and 21 accounts were “actioned” between February 1 and February 28. Over the years, WhatsApp
How not to be a crypto fool: 5-point guide | April Fool’s Day Cryptocurrency Tips | The Financial Express
lipped from: https://www.financialexpress.com/digital-currency/how-not-to-be-a-cryptocurrency-fool-5-point-guide-april-fools-day-2022-crypto-tips/2478344/ This April Fools’ Day 2022, Read 5-Point Guide On How not to be a crypto fool – Know How You Can Avoid Being
Don’t let your life insurance policy lapse | The Financial Express
lipped from: https://www.financialexpress.com/money/insurance/embedded-value-dont-let-your-life-insurance-policy-lapse/2475305/ Under monthly mode of payment the insurers offer a grace period of 15 days from the due date within which the premium instalment
Mukesh Ambani family case: I-T department concludes tax proceedings | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/mukesh-ambani-family-case-i-t-department-concludes-tax-proceedings-122040100019_1.html Assessment order passed under section 10(3) of Black Money Act The matter was time-barred with an end date of March 31. The Income-Tax
How does provident fund interest rate cut impact your retirement corpus? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/how-does-provident-fund-interest-rate-cut-impact-your-retirement-corpus-7846905/ The EPFO, which has an active subscriber base of more than 6.7 crore and 6.9 lakh contributing establishments, will have an estimated surplus
Interest rates on small savings schemes unchanged for first quarter of FY23: Here’s what you will earn | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/interest-rates-small-savings-fy23-first-quarter-earn-7846652/ The move to not change the interest rates assume significance in the light of a sharp reduction in interest rate that was recommended
Why India’s pact with Sri Lanka on a maritime rescue centre is significant | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/india-sri-lanka-maritime-rescue-co-ordination-centre-explained-7845535/ The agreement appears to be part of India’s SAGAR (Security and Growth for all in the Region) initiative in the Indian Ocean, which
Bruce Willis diagnosed with aphasia, what is it?–INDIAN EXPRESS
lipped from: https://indianexpress.com/article/explained/what-is-aphasia-bruce-willis-7845375/ Bruce Willis has retired after being diagnosed with a medical condition called aphasia. What is it, what causes it, and what are the
Shah Alam Khan writes: The tragedy of Dr Archana Sharma is the failure of Indian society–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/the-tragedy-of-dr-archana-sharma-is-the-failure-of-indian-society-7846825/ Shah Alam Khan writes: People who drove her to suicide have to be punished. But a society that refuses to condemn daily acts
Fali S Nariman writes: Remembering C K Daphtary and his sharp, sparkling wit–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/remembering-c-k-daphtary-and-his-sharp-sparkling-wit-7846837/ Fali S Nariman writes: Both inside and outside the courtroom, his gift for what the French call the ‘mot juste’ was evident C
IL&FS resolution needs to be examined carefully — it offers learnings for increasing effectiveness of process | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/ilfs-resolution-needs-to-be-examined-carefully-7845102/ The longer the delays in resolving a stressed entity, greater is the value erosion. Then there is also the issue of adherence to
rbi: Exporters to Russia seek Centre, RBI’s help to clear stuck payments – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/exporters-to-russia-seek-centre-rbis-help-to-clear-stuck-payments/articleshow/90580012.cms Synopsis The disruption to Indian companies’ cash flows could have a ripple effect with them delaying payments to workers and suppliers and possibly