Clipped from: https://www.financialexpress.com/money/crypto-taxes-in-budget-2022-better-late-than-never/2429355/ Deeming cryptocurrencies as ‘digital assets’ and a 30% transaction tax on withdrawal are much-needed steps from an economics point of view though they
Category: ART
RBI MPC may fast track monetary policy normalisation as US Fed rate hike looms and bond yields jump – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-mpc-may-fast-track-monetary-policy-normalisation-as-us-fed-rate-hike-looms-and-bond-yields-jump/2429170/ RBI Governor Shaktikanta Das is expected to make monetary policy statement on February 10 at 10 AM. So far, RBI has taken an
Capex push to spur both demand and supply: Principal economic advisor Sanjeev Sanyal – The Financial Express
Clipped from: https://www.financialexpress.com/budget/capex-push-to-spur-both-demand-and-supply-principal-economic-advisor-sanjeev-sanyal/2428972/ The government, however, has admittedly been more conservative in its approach in the Budget and predicted nominal growth of just 11.1% in FY23.
RBI begins three-day monetary policy meet to decide on key rates – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-begins-three-day-monetary-policy-meet-to-decide-on-key-rates/2428521/ The Reserve Bank’s rate-setting panel began its three-day deliberations on Tuesday to decide the next monetary policy in the backdrop of Budget 2022-23,
Onward to regulation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/onward-to-regulation/article64967236.ece FILE PHOTO: A representation of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo | Photo Credit: Dado Ruvic Taxing cryptos
Policy normalisation: RBI may up reverse repo rate by 25 bps – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/policy-normalisation-rbi-may-up-reverse-repo-rate-by-25-bps/article64969484.ece FILE PHOTO: The logo of Reserve Bank of India (RBI) is seen inside its headquarters in Mumbai | Photo Credit: FRANCIS MASCARENHAS The
Direct Benefit Transfer (DBT) and the benefits it has delivered – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-direct-benefit-transfer-dbt-and-the-benefits-it-has-delivered/article64959153.ece Since April 1, 2021, over Rs 4.53 lakh crore in cash and kind has been provided under DBT through 455 crore transactions What
Can RuPay pip Visa, Mastercard in credit cards? Incentives to banks, global acceptance hold the key.
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/can-rupay-pip-visa-mastercard-in-credit-cards-incentives-to-banks-global-acceptance-hold-the-key-/primearticleshow/89412435.cms SynopsisNPCI-owned card platform RuPay dominates a third of the debit-card market. NPCI rules the mobile-payment market with UPI. But the credit-card segment will
Crypto tax set to complicate life for the exchanges – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/tech-bytes/crypto-tax-set-to-complicate-life-for-the-exchanges/articleshow/89416902.cms SynopsisWhen crypto exchanges deduct 1% TDS, it will be recorded as “consideration” on their books, say tax experts. This in turn would attract
Immigration reform in new US Act aims to strengthen startups, ease green card access for STEM doctorates – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/immigration-reform-in-new-us-act-aims-to-strengthen-startups-ease-green-card-access-for-stem-doctorates/articleshow/89397478.cms Synopsis The House version of the Amercia COMPETES Act also features immigration-related changes for those wishing to undertake entrepreneurship and STEM doctorates allowing
RBI Policy Review: Inflation may take spotlight, but growth war still on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-policy-review-inflation-may-take-spotlight-but-growth-war-still-on/articleshow/89407865.cms Synopsis An ET poll comprising 22 respondents predicts that at its three day policy review ending Thursday, the RBI’s Monetary Policy Committee will
crypto investors: Tax and track: How Budget is mixed bag for crypto investors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/tax-and-track-how-budget-is-mixed-bag-for-crypto-investors/articleshow/89418139.cms Synopsis India became one of the few countries to tax digital assets like cryptocurrencies and NFTs (non-fungible tokens) when finance minister Nirmala Sitharaman
A slippery scene on the oil front – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-slippery-scene-on-the-oil-front/articleshow/89413619.cms Synopsis Energy prices have been feeding inflation in advanced economies, the central bankers of which have begun to tighten interest rates even as
Counting on digital currency – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/counting-on-digital-currency/articleshow/89390457.cms Synopsis As India wants to leverage its fintech startup space and reap the benefits of a digital currency -even as it seems to
Facebook faces some facts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/facebook-faces-some-facts/articleshow/89353741.cms Synopsis Meta has been trying to squeeze out the last bit of network effect by pushing content at users from people they are
Bad Bank – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-bad-bank/article64970615.ece What is a Bad Bank? A Bad Bank is floated by lending institutions and/or Government to rid the former’s balance sheet of impaired
Digital currencies and their economic value – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-digital-currency/article64966585.ece Frankfurt, Hesse, Germany – April 17, 2018: Many coins of various cryptocurrencies | Photo Credit: gopixa It is the same as a fiat
What is the ‘Agile Framework’ used in this year’s Economic Survey – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/bl-explainer-what-is-the-agile-framework-used-in-this-years-economic-survey/article64959383.ece The framework is based on 12 principles What is an Agile Framework? Why is it in the news now? The Economic Survey 2021-22
Government exploring ways to levy GST on mining of cryptocurrencies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cryptocurrency/government-exploring-ways-to-levy-gst-on-mining-of-cryptocurrencies/article64996507.ece As on date, commission for facilitating the buy and sale of cryptocurrecny attracts GST | Photo Credit: Dado Ruvic Classification, category of mining
Can’t have a situation where jobs are in China: Govt on Tesla’s India entry | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/can-t-have-a-situation-where-jobs-are-in-china-govt-on-tesla-s-india-entry-122020801639_1.html The minister of state for heavy industries also told the Lok Sabha during Question Hour that the company is yet to apply for
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