Clipped from: https://www.business-standard.com/finance/news/rbi-allows-hdfc-bank-to-meet-psl-target-in-3-years-post-hdfc-merger-123042100689_1.html Some analysts estimated HDFC Bank would need Rs 1 trillion for meeting the CRR/SLR norms HDFC Education and HDFC Credila – both are
Category: Five Star
👍👍👍👍👍IMF likely to have erred on India’s growth forecast, says RBI paper
Clipped from: https://www.business-standard.com/economy/news/rbi-paper-says-imf-likely-to-err-on-india-growth-forecast-123042100936_1.html Actual outcomes may surprise; India Inc profits remain healthy despite many challenges, it says Citing the RBI’s industry monitoring group’s (IMG) semi-annual survey,
👍👍👍👍👍Time limit for issue of section 149 notice is in respect of Section 148
Clipped from: https://taxguru.in/income-tax/time-limit-issue-section-149-notice-respect-section-148.html Sylph Technologies Limited Vs Principal Chief Commissioner of Income Tax (Madhya Pradesh HC) The time limit for issue of notice under section 149
👍👍👍👍👍Co-op society entitled for deduction u/s. 80P(2)(d) in respect of interest received from co-op banks
Clipped from: https://taxguru.in/income-tax/co-op-society-entitled-deduction-u-s-80p2d-respect-interest-received-co-op-banks.html Ishwar Bhavan Cooperative Housing Society Ltd Vs CIT(A) (ITAT Mumbai) By placing reliance on the co-ordinate Bench decision of this Tribunal in the
👍👍👍👍👍HC set aside Income Tax Notice issued & Order passed on dissolved LLP
Clipped from: https://taxguru.in/income-tax/hc-set-aside-income-tax-notice-issued-order-passed-dissolved-llp.html Lotus Law Partners LLP Vs ITO (High court of Delhi) Via this writ petition, a challenge is laid to notice dated 14.03.2022 issued under
👍👍👍👍👍Section 54 exemption cannot be denied for acquiring new house in wife’s name
Clipped from: https://taxguru.in/income-tax/section-54-exemption-denied-acquiring-house-wifes-name.html Income Tax Officer Vs Shri Julius (ITAT Chennai) ITAT held that acquisition of new house in wife’s name would not jeopardise Section 54
👍👍👍👍👍Section 75(4) U.P. GST Act is Mandatory, Even if no Demand in Writing for Hearing is made out: Allahabad HC Quashes Order
Clipped from: https://www.taxscan.in/section-754-u-p-gst-act-is-mandatory-even-if-no-demand-in-writing-for-hearing-is-made-out-allahabad-hc-quashes-order/269641/ By Aparna. M – On April 17, 2023 1:00 pm – 2 mins read In a significant case, the Allahabad High Court held that section 75(4) of
👍👍👍👍👍Delhi HC Set Aside Section 148A(d) Order Passed without Considering Reply of Assessee: Directs de novo exercise
Clipped from: https://www.taxscan.in/delhi-hc-set-aside-section-148ad-order-passed-without-considering-reply-of-assessee-directs-de-novo-exercise/269531/ The Delhi Bench of High Court has set aside the order passed under Section 148A(d) of the Income Tax Act 1961 as this
Mudra pushing India towards a more “inclusive” entrepreneurship – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/mudra-pushing-india-towards-a-more-inclusive-entrepreneurship/article66744473.ece The Mudra Yojana, now completing its 8 years, incidentally, happens to have contributed immensely to inclusion of several communities that have traditionally been
‘Unclaimed’ headaches – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/unclaimed-headaches/article66748453.ece Banks must step up measures to reduce such deposits The RBI along with its recent MPC statement stated that it “has decided to
👍👍👍👍👍👍👍Tech for governance
lipped from: https://www.business-standard.com/opinion/editorial/tech-for-governance-123041600862_1.html India could become a leader in use of AI Listen to This Article The Union minister of state for electronics and information technology,
👍SBI files plea in SC seeking clarity on fraud classification judgment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/sbi-files-plea-in-sc-seeking-clarity-on-fraud-classification-judgment/article66744444.ece SBI has also sought exemption from sharing complete details of the forensic audit report with borrowers under the ‘personal hearing’ State Bank of
👍👍👍👍👍MPC’s pause raises many questions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mpcs-pause-raises-many-questions/article66744884.ece A pause accompanied by a hawkish stance is of no comfort to borrowers. It merely helps speculators Of late, MPC meetings have been
👍👍👍👍👍De-dollarisation is just a pipe-dream – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/de-dollarisation-is-just-a-pipe-dream/article66744283.ece China’s move to replace the dollar as a global anchor currency is bound to fail. The US’ trust factor will ensure the dollar’s
👍👍👍👍👍The F word in Indian banking
Clipped from: https://www.business-standard.com/opinion/columns/the-f-word-in-indian-banking-123041600515_1.html At the moment, banks give an opportunity of hearing to wilful defaulters but not fraudsters Illustration: Ajay Mohanty What do Zoom Developers Pvt
👍👍👍👍👍Convenient and economical: Why car leasing is catching up in India
Clipped from: https://www.business-standard.com/finance/personal-finance/convenient-and-economical-why-car-leasing-is-catching-up-in-india-123041401129_1.html Automobile manufacturers report a growing interest in non-ownership options for vehicles You can drive your favourite car without owning it: leasing will make
👍👍👍👍👍Rules of the game
Clipped from: https://www.business-standard.com/opinion/editorial/rules-of-the-game-123041201087_1.html Online gaming regulations need clarity Listen to This Article The newly notified online gaming rules and regulations appear to be headed in the
👍👍👍👍👍Why climate change makes GDP unsuitable for measuring economic churn
Clipped from: https://www.business-standard.com/opinion/columns/why-climate-change-makes-gdp-unsuitable-for-measuring-economic-churn-123041400852_1.html GDP does not capture issues like welfare, inequality and human development. Nor does GDP capture the damage to the environment caused by economic
👍👍👍👍👍Proceedings initiated & orders passed in the name of dead person is invalid
lipped from: https://taxguru.in/income-tax/proceedings-initiated-orders-passed-name-dead-person-invalid.html Parmanand Jamnadas Kapadia (Legal Heir Mr. Harit P. Kapadia) Vs ITO (ITAT Mumbai) Admittedly notice under section 148 has been issued and also
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