Clipped from: https://www.thehindubusinessline.com/opinion/banks-can-lend-with-more-freedom-less-fear/article37441527.ece?homepage=true The Staff Accountability Framework frees lenders, now risk averse, of the fear of ‘vigilance’ for small loans. This will spur credit Despite ample
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All you wanted to know about tax relief on capital gain – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/all-you-wanted-to-know-about-tax-relief-on-capital-gain/article37360112.ece?homepage=true An individual is eligible for relief on capital gains tax on sale of a residential property if s/he has purchased another residential property
Justice tarried is justice buried: Lawyers, and the judiciary, must guard against the law being used to delay cases – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/justice-tarried-is-justice-buried-lawyers-and-the-judiciary-must-guard-against-the-law-being-used-to-delay-cases/2366684/ With no disrespect to the legal system, AI is capable of delivering judgements in such cases, freeing court time for non-trivial cases. In
Senior Citizens Tax-Saving FDs: Check which banks are offering interest rates up to 7% – The Financial Express
Clipped from: https://www.financialexpress.com/money/senior-citizens-tax-saving-fds-check-which-banks-are-offering-interest-rates-up-to-7-on-fixed-deposits/2367687/ For senior citizens, FDs are also their first investment choice as they work as a source of regular income for them. However, the
Ombudsman scheme to provide cost-free redress of customer complaints: RBI – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/ombudsman-scheme-to-provide-cost-free-redress-of-customer-complaints-rbi/2368013/ The Scheme adopts ‘One Nation One Ombudsman’ approach by making the RBI Ombudsman mechanism jurisdiction neutral, the RBI said in a statement. “The
Excess UPI use may Invite notices from Income Tax/GST Department–TAXGURU.IN
lipped from: https://taxguru.in/finance/excess-upi-invite-notices-income-tax-gst-department.html We are living in a modern world, where we are using various types of gadgets and apparatus for our facilitation. The development of
Japanese car sales drop in China – BusinessToday
Clipped from: https://www.businesstoday.in/auto/story/japanese-car-sales-drop-in-china-311438-2021-11-05 Japanese carmakers’ like Honda Motor Co, Nissan Motor Co and Toyota Motor Corp face sales drop in China. Microchip shortage hits Japanese car
Diwali festive sale crosses Rs 1.25 trn, breaks all records in 10 yrs: CAIT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/diwali-festive-sale-crosses-rs-1-25-trn-breaks-all-records-in-10-yrs-cait-121110500886_1.html Excited and encouraged by the tremendous business, traders across the country are now gearing up for wedding season sales scheduled to start on
General Insurance: Health insurers post strong growth in YTD FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/general-insurance-health-insurers-post-strong-growth-in-ytd-fy22/2362832/ The pandemic accelerated topline growth in health insurance, and it is now seen as a significant financial tool The general insurance council (GI
Is the surrender value of endowment life insurance plans taxable? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/is-the-surrender-value-of-endowment-life-insurance-plans-taxable-311366-2021-11-05 If a policyholder decides to surrender the policy, it is essential to know about its tax implications before withdrawing the amount. Here is
Quid pro quo test no longer the norm – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/quid-pro-quo-test-no-longer-the-norm-311371-2021-11-05 The present ruling of the Supreme Court consciously blurs this line to say that a tax and a fee must not be understood
The recovery toolkit: The Hindu Editorial on tax policy and economic recovery – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/the-recovery-toolkit-the-hindu-editorial-on-tax-policy-and-economic-recovery/article37330430.ece The economic recovery remains fragile; rebooting tax policy may help The latest string of official numbers, including almost-record GST collections, healthy direct tax
What we need to fix our judicial system | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/what-we-need-to-fix-our-judicial-system-7607679/ Not more money or shiny new digital platforms, but more accountability from judges The box is opened four times a day and Khan’s
There are signs of increasing formalisation of the economy, but more precise data is needed to capture the trend accurately | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-economy-coronavirus-pandemic-mnrega-7607868/ In the absence of data, it is difficult to know for sure, both, the extent to which the informal economy continues to struggle,
‘Permissible unless prohibited’ is the position of the law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/permissible-unless-prohibited-is-the-position-of-the-law/article36813086.ece National Company Law Tribunal allowing conversion of equity shares into preference shares is laudable Paving way for corporates to give structured exit to
COURTROOM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/courtroom/article36555934.ece Acknowledged as debt In business, there are circumstances where a person might have incurred a liability, but later on he need not have
Not a business activity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/not-a-business-activity/article36813151.ece A single transaction of buying and selling shares does not constitute a business activity, the Chennai bench of the Income Tax Appellate Tribunal
Registration mandatory under MSME Act – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/registration-mandatory-under-msme-act/article36555608.ece It envisages the establishment of the Micro & Small Enterprise Facilitation Council The Supreme Court of India, in its recent judgment in Silpi Industries
Interpret, but don’t re-write – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/interpret-but-dont-re-write/article36813210.ece The job of judges is to interpret the law, not to re-write them, the Supreme Court has said, while overruling an interim order
Courtroom: No pedente lite interest – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/courtroom-no-pedente-lite-interest/article37048290.ece In a recent case, the question before the Supreme Court was whether interest could be levied during the pendency of a litigation In
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