Clipped from: https://www.thehindu.com/news/national/no-crypto-asset-investors-dispute-taxability-of-profits-jb-mohapatra/article65046631.ece CBDT Chairperson J.B. Mohapatra says some investors showed crypto asset surpluses as capital gains, some as income from business or income from other
Category: ART
Rupee plummets 84 paise to all-time low of 77.01/USD amid Ukraine crisis – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/rupee-plummets-84-paise-to-all-time-low-of-77-01/usd-amid-ukraine-crisis/articleshow/90052428.cms Synopsis At the interbank foreign exchange market, the rupee opened at 76.85 against the American currency but lost ground and settled for the
Engage with taxpayers, an upset FM tersely tells CBDT, CBIC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sitharaman-raps-cbdt-and-cbic-for-not-addressing-tax-assessees-grievances/articleshow/90055335.cms Synopsis Asks the two boards to keep Saturdays open to listen to tax assessees. Finance Minister Nirmala Sitharaman on Monday asked the central board of
Reactivating rupee-rouble trade? Deals in national currencies have already been struck, further growth is likely – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/reactivating-rupee-rouble-trade-deals-in-national-currencies-have-already-been-struck-further-growth-is-likely/2452467/ Indian exporters are worried as they have payments of $400-600 million pending in Russia. Sending fresh consignments is also difficult as leading shipping
Rupee-rouble trade arrangement: Will it work? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-rupee-rouble-trade-arrangement-will-it-work/article65200627.ece Rupee-rouble trade is a payment mechanism which can allow Indian exporters to be paid in Indian rupees for their exports to Russia instead
Why Putin may not be checkmated by sanctions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-putin-may-not-ben-checkmated-by-sanctions/article65183286.ece The impact of sanctions on Russian financial system is likely to be limited | Photo Credit: Leonhard Foeger The expulsion from SWIFT will
Russia-Ukraine war: Vladimir Putin batters European stock markets | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/russia-ukraine-war-vladimir-putin-batters-european-stock-markets-122030600984_1.html India, which is down 9 per cent year-to-date in dollar terms, is still better off as there are 30 countries that have fared
A market for carbon credits | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-market-for-carbon-credits-122030600993_1.html Global offset market has potential but also perils It is good news that there is finally interest in policy circles in India in
Women and Indian society | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/women-and-indian-society-122030600996_1.html Deep-rooted conservatism widens gender gaps The two theories that are usually circulated to explain India’s low female labour force participation rate (FLFPR) are
How damaging is freezing CB assets? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/how-damaging-is-freezing-cb-assets-122030600999_1.html Not much. Just that the CB is not able to manipulate currency markets A new level of economic and financial restrictions have been
Algo Rhythm: Cybersecurity spending up 10-fold since 2014-15, shows data | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/algo-rhythm-cybersecurity-spending-up-10-fold-since-2014-15-shows-data-122030601027_1.html Actual spending on cybersecurity has always remained lower than budgeted estimates The central government will for the first time in 2021-22 outspend its
Banks told to tighten monitoring, have ironclad KYC to avoid new ‘Jamtara’ | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-told-to-tighten-monitoring-have-ironclad-kyc-to-avoid-new-jamtara-122021601581_1.html?code=NTM4OTU9MTIyMDIxNjAxNTgx Banking sources indicate there have been brazen violations of Section 17 of the RBI’s Master Direction on KYC norms That explains the need
The world’s favourite Indian | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-world-s-favourite-indian-122021601528_1.html To achieve its potential, Indian industry must live the ethos of Rahul Bajaj In my book, The Struggle and the Promise, my belief in
Zombie firms dampen effectiveness of monetary policy at margins: RBI study | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/zombie-firms-dampen-effectiveness-of-monetary-policy-at-margins-rbi-study-122021601289_1.html These firms account for 10% of bank credit in India, shows the study Photo: Bloomberg Zombies a.k.a perpetually loss-making firms in India seem
Extramarital affair cannot be reason to sack policeman from service: Gujarat High Court – The Financial Express
Clipped from: https://www.financialexpress.com/india-news/extramarital-affair-cannot-be-reason-to-sack-policeman-from-service-gujarat-high-court/2435973/ The couple admitted to the relationship, after which the police sent him a show-cause notice and dismissed him from service in 2013. The
Treating the businessman as a felon – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/treating-the-businessman-as-a-felon/article65056059.ece The malfeasance at ABG Shipyard went undetected for years | Photo Credit: – Too many laws criminalise business activity — but does that
nse scam: Skeletons tumble out of NSE in Yogi saga: Fat fingers, flash crash, algo trades – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/skeletons-tumble-out-of-nse-in-yogi-saga-fat-fingers-flash-crash-algo-trades/articleshow/89704242.cms Synopsis On the morning of October 5, 2012, NSE was hit by the so-called ‘fat finger trade’ which resulted in a trade getting
All you need to know about the NSE co-location scam – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/all-you-need-to-know-about-the-nse-co-location-scam/article65058505.ece FILE PHOTO: The National Stock Exchange (NSE) building in Mumbai, India The entire episode has raised questions about the governance and system lapses at the country’s premiere exchange
What is co-location, at the heart of the scam at the NSE? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/everyday-explainers/everyday-economics-what-co-location-heart-scam-nse-7799595/ Multiple agencies are probing the NSE co-location scam, in which many former top officials including former CEOs Chitra Ramakrishna and Ravi Narain are
Students returning from Ukraine must not be left in lurch. Govts must find a way for their education to continue | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/after-the-arrival/ There are long-term consequences for equity and public health if vast numbers of students continue to be tripped by high price barriers and
