Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-ready-to-transfer-37-npas-worth-92000-crore-to-narcl/article34652041.ece Videocon, Reliance Naval, Essar Power Gujarat and Coastal Energy among others in the assets transfer list Banks have so far zeroed-in on 37
Category: ART
Banks may target family trusts of loan guarantors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-may-target-family-trusts-of-loan-guarantors/articleshow/82985824.cms Synopsis–Many of the family trusts created by businesspeople are meant primarily to protect their assets from potential claims related to their companies, such
New auditing rule book to ensure no repeat of IL&FS, DHFL-like fiascos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/rbis-new-audit-norms-to-ensure-no-repeat-of-ilfs-dhfl-yes-bank/articleshow/82992690.cms Joel Rebello–Editor, The Economic TimesJoel has been a financial journalist for more than 14 years, specializing in banks. He has been with The
Vaccination: The $5 trillion question | Business Standard Column
The answer to the question of how to vaccinate a billion Indians is perhaps to be found in basic economics What is the most important
The coming long spell of demand drought | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-coming-long-spell-of-demand-drought-121052601504_1.html Looks like India’s demand curve has shifted downwards for a couple of years at least, writes Shailesh Dobhal As far as demand for
Time has come for fiscal stimulus to support the economy: Uday Kotak | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/time-has-come-for-fiscal-stimulus-to-support-the-economy-uday-kotak-121052700048_1.html We are working with the government and vaccine manufacturers to increase the vaccine available for Indian business and industries, said Uday Kotak Confederation
Footwear, readymade garments likely to attract higher rates of GST | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/footwear-readymade-garments-likely-to-attract-higher-rates-of-gst-121052700012_1.html The fitment committee, which recommends rate changes to the Council, has proposed increasing the rate on footwear (less than Rs 1,000), readymade garments,
Sebi plans to shield small investors from presumably ‘risky’ IPOs | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/sebi-plans-to-shield-small-investors-from-presumably-risky-ipos-121052700005_1.html Certain initial public offers may only be for institutional investors Banning direct retail participation and mandatory “safety net” are some of the concepts
करावे कर-समाधान : विवरणपत्र भरण्यास मुदतवाढ, पण.. | Loksatta
lipped from: https://www.loksatta.com/arthvrutant-news/income-tax-department-extended-the-deadline-filing-return-zws-70-2478629/ फॉर्म १६’ देण्याची मुदत १५ जून २०२१ ही होती. ती आता अनुक्रमे ३० जून आणि १५ जुलै २०२१ अशी करण्यात आलेली आहे; प्रवीण
Storm over social media | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/storm-over-social-media-121052601473_1.html There can’t be arbitrary rules just because privacy right is not absolute WhatsApp, the instant messaging service, has challenged the new social media intermediary rules
RBI to the rescue, again – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-centre-cannot-be-grudged-the-large-surplus-transfer-from-the-rbi-but-prudence-is-important/article34651731.ece?homepage=true The Centre cannot be grudged large surplus transfer from the RBI, but prudence is important The transfer of ₹99,122 crore of its surplus
Social media firms seek time to comply with new digital rules – Today’s Paper – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/article34645981.ece Deadline ended on Tuesday but no govt action, yet Internet tech giants including Facebook, WhatsApp, and Twitter could be in trouble as they
Tough audit rules | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/tough-audit-rules-121052501692_1.html RBI must consider the concerns of financial services players About a month ago, the Reserve Bank of India (RBI) issued a circular that substantially altered
Needed, better home loan insurance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/needed-better-home-loan-insurance/articleshow/82952949.cmsSynopsis The solution is to have better designed products. Most home loan protection schemes come with a one-time premium. Advancing the premium as part
Your Queries (Income Tax): Tax exemption on gain on plot sale if reinvested in new house within 2 years – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-4/2258877/ If by the time of filing of ITR for the relevant assessment year, the net consideration/ part of it cannot be appropriated towards
‘Domestication’ of the Chinese economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/domestication-of-the-chinese-economy/article34644030.ece ‘Dual circulation’ marks China’s transition from an export-led economy to a domestically driven, services-led one At a time when the world economy is
Tips on handling tax matters and digital assets of a deceased person | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/tips-on-handling-tax-matters-and-digital-assets-of-a-deceased-person-121052100838_1.html Legal heirs must file tax returns for income earned in the year the dead passed away Benjamin Franklin’s famous quote: “In this world
What to make of RBI’s QE: The govt was the winner in 2020 and is so again, in the latest round – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/what-to-make-of-rbis-qe-the-govt-was-the-winner-in-2020-and-is-so-again-in-the-latest-round/2258236/ The curious part of this QE exercise was that all these measures were invoked at a time when there was surplus liquidity in
Is it possible for tax deductors to verify if payee has filed ITR in last 2 years? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-is-it-possible-for-tax-deductors-to-verify-if-payee-has-filed-itr-in-last-2-years/2258165/ The government, vide Budget 2021,introduced new provisions under Section 206AB/206CCA that prescribe a double rate of TDS/TCS for those, who despite having a
Individuals, companies drag taxman to court over faceless assessment lapses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/individuals-companies-drag-taxman-to-court-over-faceless-assessment-lapses/articleshow/82930318.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Faceless assessment is a tax evaluation process in which there is no in-person interaction with the tax officers and was started to counter
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