👍👍👍👍👍RBI’s hygiene step to bring much-needed clarity to FLDG arrangements

https://www.business-standard.com/industry/banking/rbi-s-hygiene-step-to-bring-much-needed-clarity-to-fldg-arrangements-123061800690_1.html Clipped from: https://www.business-standard.com/industry/banking/rbi-s-hygiene-step-to-bring-much-needed-clarity-to-fldg-arrangements-123061800690_1.html Mint Road has pulled the plug on clever financial arrangements between regulated entities and fintechs, with stress on skin in the game

👍👍👍👍👍Retrospective cancellation of supplier’s registration no ground to deny ITC benefit to recipient, says Kolkata HC – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/retrospective-cancellation-of-suppliers-registration-no-ground-to-deny-itc-benefit-to-recipient-says-kolkata-hc/article66968435.ece Clipped from: https://www.thehindubusinessline.com/economy/retrospective-cancellation-of-suppliers-registration-no-ground-to-deny-itc-benefit-to-recipient-says-kolkata-hc/article66968435.ece However, the buyer will have to probe the genuineness of the transaction In an important ruling, Kolkata High Court has held that

Harnessing GST in AA network will encourage adoption of cashflow-based MSME lending’ | The Financial Express

https://www.financialexpress.com/industry/sme/msme-fin-harnessing-gst-in-aa-network-will-encourage-adoption-of-cashflow-based-msme-lending/3120521/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-harnessing-gst-in-aa-network-will-encourage-adoption-of-cashflow-based-msme-lending/3120521/ Credit and finance for MSMEs: The inclusion of GST in the AA network is a significant milestone in unlocking credit access for

SBI chief: See huge opportunity to collaborate with fintechs | The Financial Express

https://www.financialexpress.com/industry/banking-finance/sbi-chief-see-huge-opportunity-to-collaborate-with-fintechs/3129555/ Clipped from: https://www.financialexpress.com/industry/banking-finance/sbi-chief-see-huge-opportunity-to-collaborate-with-fintechs/3129555/ Khara feels cyber-security requires “long-term vigil” and that adequate steps must be taken to ensure that the inner systems of the bank

👍👍👍👍👍Deduction u/s 80P(2)(d) available to co-operative society towards interest earned from co-operative banks

https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-interest-earned-co-operative-banks.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-interest-earned-co-operative-banks.html University of Agricultural Vs ACIT (ITAT Bangalore) ITAT Bangalore held that assessee, being a employees housing co-operative society, is eligible for deduction

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