Clipped from: https://www.business-standard.com/article/economy-policy/govt-aims-to-mop-up-rs-75-000-crore-from-sr-citizen-savings-scheme-123021601062_1.html Not to overshoot FY24 net borrowing target of Rs 11.8 trillion The maximum investable amount of the senior citizen savings scheme (SCSS) —
Category: May Look At Leisurely
Adani says appointment of Grant Thornton as auditor ‘market rumour’ | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/adani-says-appointment-of-grant-thornton-as-auditor-market-rumour-123021601168_1.html The audits was to specifically look into if there was any misappropriation or repatriation of funds and if loans were used for any
👍TCS revenue growing at a lower rate than Infosys in FY23 and FY24: Moody’s – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/moodys-sees-tcs-revenue-growing-at-a-lower-rate-than-infosys-in-fy23-and-fy24/article66513416.ece Revenue growth prospects for IT companies are likely to slow down in the medium term: Moody’s The operating profit margin of TCS is
👍👍👍Deluge of edible oil imports hits refiners – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/edible-oil-imports-up-31-as-palm-oil-shipments-surge-77/article66512063.ece Shipments into the country surge 31.3% during Nov-Jan with RBD palmolein consignments trebling India’s palm oil refining industry is suffering from low capacity
👍👍👍Tax proposal on market-linked debts in FY23 Budget will impact 2 lakh investors: NBFC body – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/tax-proposal-on-market-linked-debts-in-fy23-budget-will-impact-2-lakh-investors-nbfc-body/article66512995.ece Finance Industry Development Council writes to Finance Minister seeking tax parity The Budget classified the nature of returns on MLDs as short-term capital
👍👍👍India’s per capita consumption for footwear lowest globally: CLE Chairman Sanjay Leekha – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-consumption-of-footwear-is-only-two-pairs-per-capita-cle-chairman-sanjay-leekha/article66502792.ece Domestic market is extremely positive as footwear purchase will increase with rising buying strength Sanjay Leekha,Chairman, CLE | Photo Credit: VELANKANNI RAJ B
👍👍👍Budget and unanswered questions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/budget-and-unanswered-questions/article66513789.ece While the Budget is sound, a long-term plan for manufacturing and jobs is not spelt out Not much attention has been paid to
👍👍👍Mortgage platform LoanKuber raises $2 million in funding – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/mortgage-platform-loankuber-raises-2-million-in-funding/article66515652.ece LoanKuber to utilise funding to scale assets under management, improve the existing technology stack as well as build and expand the team Fintech
‘Fall in bank stocks a good re-entry point’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/fall-in-bank-stocks-a-good-re-entry-point/article66515953.ece Sharp drop in Gross NPA is seen among public sector banks which provide comfort Analsysts say banks are witnessing strong earnings momentum on
We’re formalising economy, don’t ask for TDS sops: FM to industry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/were-formalising-economy-dont-ask-for-tds-sops-fm-to-industry/article66516394.ece Rules out giving exemptions on tax on prize monies File picture of Union Finance Minister Nirmala Sitharaman | Photo Credit: Shahbaz Khan Hyderabad,
Is there a way to boost the tax base? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-there-a-way-to-boost-the-tax-base/article66516746.ece Head deck: Focus on formalisation of the economy and increasing the scope of tax collected at source could help The huge informal sector
Why tax devolution to States has been falling consistently? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/why-tax-devolution-to-states-has-been-falling-consistently/article66516766.ece Tax devolution in FY24 is estimated to hit a five-year low of 36.5 per cent Tax devolved to States are untied funds and
Secondary steel scrap recycling industry seeks GST structure rationalisation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/secondary-steel-scrap-recycling-industry-seeks-gst-structure-rationalisation/article66516906.ece The industry is under scrutiny as the scrap dealers have been found guilty of claiming fraudulent input tax credits The Induction Furnace sector
Private investments are happening says, Sitharaman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/60-life-health-insurers-seeing-a-rapid-rise-in-fraud-deloitte-india-survey/article66517273.ece Only 60 per cent of the respondents plan to increase their budgets marginally About 60 per cent of Indian insurance companies are seeing
👍👍👍Why is the Air India order such a big deal? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-why-is-the-air-india-order-such-a-big-deal/article66512086.ece The deal has the potential to not only vault Air India to the number one position in the domestic aviation sector but also
👍57% of people lookout for jobs despite an offer in hand: report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/57-of-people-lookout-for-jobs-despite-an-offer-in-hand-report/article66512622.ece The period between offer acceptance and the start date is crucial, says a survey by ANSR The recent trend of the biggest names
👍👍👍Life insurance companies plan strategy tweak to offset tax impact | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/life-insurance-companies-plan-strategy-tweak-to-offset-tax-impact-123021500005_1.html Union Budget has proposed to tax high-value policies with premium aggregating to Rs 5 lakh per year to plug arbitrage that HNIs are
