Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbdt-notifies-rules-for-tax-deduction-on-non-salary-payments-to-nris/articleshow/81553049.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In case of taxability, the amount which is liable to tax will be determined. In case of non-taxability, a certificate specifying the amount
Category: Economy
Automobile: Recall norms tightened for auto cos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/auto-cos-to-be-fined-up-to-rs-1-cr-on-mandatory-recall-orders-for-defective-vehicles-govt/articleshow/81553927.cmsSynopsis The rules for testing of vehicles and mandatory recall under the Central Motor Vehicles Act provides for penalty in case of manufacturers or
Economic reforms to drive India sovereign rating, says K V Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/economic-reforms-to-drive-india-sovereign-rating-says-k-v-kamath/articleshow/81553607.cmsSynopsis “With all the efforts (economic reforms) the government of India is making, I think that sovereign rating itself would go up. Because, I
Is Development Finance Institution new wine from an old bottle? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-is-development-finance-institution-new-wine-froman-old-bottle/articleshow/81556419.cms SynopsisFor any development finance institution to be viable, two things have to be in place — funds that would be available for 10-15
Union Cabinet clears setting up of Development Finance Institution: Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/union-cabinet-clears-setting-up-of-a-development-finance-institution-fm/articleshow/81530183.cmsSynopsis Union Cabinet has cleared the setting up of a Development Finance Institution (DFI), in acknowledgement of the realization that both development and financial
‘Not all banks will be privatised,’ says Nirmala Sitharaman–business today
Sitharaman said the decision to privatise banks is a well-thought-out one. She said that the government wants the bank to get more equity and to
Indian TV makers await PLI scheme, say important for global competition–business today
The government of India has already been taking steps to encourage television manufacturing in India. In July last year, the cabinet imposed restrictions by changing
Steelmakers to pare debt worth Rs 35,000 crore by FY22, says CRISIL
A surge in global commodity prices in the last 8 months has seen profitability of domestic steel industry hit record highs leading to reduction in
Despite higher education, women participation in labour market remains low: CMIE–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/despite-higher-education-women-participation-in-labour-market-remains-low-cmie/story/434085.html Either Indian women are not willing to go out to work or they are not allowed to go out to work or people
Draft e-commerce policy could add to compliance burden of stakeholders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/draft-e-commerce-policy-could-add-to-compliance-burden-of-stakeholders/article34085913.ece Under pressure from national trade lobbies, the Government’s latest amendments to the draft national e-Commerce Policy is expected to add to the compliance
Steel firms may find it tough to export next fiscal as domestic demand increases – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/steel-firms-may-find-it-tough-to-export-next-fiscal-as-domestic-demand-increases/article34081337.ece With the economy returning to normal slowly, steel consumption topped 10 million tonnes in Dec and Jan Indian steel companies will face problems
How to make good assets with a ‘Bad Bank’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-good-assets-with-a-bad-bank/article34084967.ece For faster recovery of bad loans, ARCs need to be made more competitive by boosting their capital base through consolidation While the economy
Govt notifies vehicle recall policy, to be effective April 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/govt-notifies-vehicle-recall-policy-to-be-effective-april-1/article34084954.ece Can impose fine ranging from ₹10 lakh to ₹100 lakh The Road Transport and Highways Ministry has notified on March 12 the vehicle
Direct tax mop-up set to exceed revised FY21 target – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/advance-tax-collections-at-82-lakh-cr-fy21-mop-up-55-per-cent-short-of-2019-20s/article34085640.ece At ₹8.2-lakh crore, advance tax collection shortfall narrows to 5.5%; transactions yet to be fully reconciled With the provisional data for the fourth
To fund infra, Cabinet clears DFI Bill with ₹20,000-crore initial govt equity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/to-fund-infra-cabinet-clears-dfi-bill-with-20000-crore-initial-govt-equity/article34085478.ece?homepage=true Finance Minister Nirmala Sitharaman and I&B Minister Prakash Javadekar briefing the media after the Cabinet meeting on Tuesday – Kamal Narang Finance Minister
Taking Indian agriculture beyond MSP & APMC – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/taking-indian-agriculture-beyond-msp-apmc/2214024/ There has to be a focus on developing secondary agriculture and unlocking the growth potential from India’s agri-tech spurt Apart from higher MSP
Know how currency markets effect interest rates – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-know-how-currency-markets-effect-interest-rates/2213374/ Banks are dealers in capital. Like dealers of other assets, they too will quote two rates, one for borrowing and the other for
SME-boost with foreign trade policy: A market intelligence programme under FTP will widen the markets for SMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/sme-boost-with-foreign-trade-policy-a-market-intelligence-programme-under-ftp-will-widen-the-markets-for-smes/2213396/ A market intelligence and network programme integrated into the FTP will widen the markets for aspiring SMEs while also strengthening existing exporters. To
All you wanted to know about PLIs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article34076821.ece Today, if there’s a magic word that can make the stocks belonging to a sector darlings in an instant, it is ‘PLI’. The
Bond storm – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/bond-storm/article34076582.ece?homepage=true SEBI’s perpetual bonds diktat protects retail investors, but fallout could have been anticipated The Securities Exchange Board of India’s circular to streamline ownership
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