Aims to prevent misuse of facility Concerned over funds sent abroad under the ‘maintenance of close relative’ category of the Liberalised Remittance Scheme (LRS), the
Category: News of interest
वाचकांना माझ्या दृष्टीने महत्वाच्या वाटणाऱ्या बातम्या देण्याचा प्रयत्न केला आहे –ज्या source मधून ह्या बातम्याचे विवरण केले आहे त्या त्या source चे नाव व लिंक दिली आहे. ही लिंक क्लिक केल्यानंतर वाचकांना मूळ source मधील बातमी सविस्तर पणे वाचता येईल. तसेच नंतरही कधीही या बातम्या वाचता येतील त्यासाठी search option किंवा calender चा पर्याय निवडून बातमी वाचता येईल –उद्देश सर्वच बातम्या –रोजच –सविस्तर वाचणे कधी कधी शक्य नसते अशा वेळेस नंतर देखील अशा महत्वाच्या बातम्या वाचता याव्यात–असा उद्देश आहे. — डिसेंबर २०१६ च्या आधीच्या अशा तऱ्हेच्या Latest Post या category खाली दिल्या आहेत. —ही website कोणत्याही आर्थिक मोबदला मिळावा म्हणून सुरु केलेली नाही. तसेच सर्व प्रयत्न परिपूर्ण आहेत असाही दावा नाही. पण काही तरी उपयोगी करून दाखवण्याचा मात्र उद्देश जरूर आहे. सुधारणा सुचवून वाचकांनी माझ्या प्रयत्नात सामील व्हावे अशी विनंती आहे–
Insolvency Code: what’s new – The Hindu–19.06.2018
S. Dhanapal, senior partner,S. Dhanapaland Associates, decodes the key amendments to IBC. Homebuyers as financial creditors In a major change, homebuyers would now be treated
Amendment to the senior citizen bill will reduce elders’ abuse | analysis | Hindustan Times–17.06.2018
As the problem of abuse of the elderly is becoming a serious concern in different parts of the world, many countries are bringing legislations to
Trump approves tariffs on $50 bn worth of Chinese goods – Business Line–16.06.2018
US President Donald Trump has approved tariffs worth $50 billion on import of goods from China, triggering the possibility of a trade war between the
Seven lessons of middle age – Business Line–15.06.2018
Wake up and smell the coffee: “The biggest lesson I have learnt is that happiness lies in small things: The rich taste of strong coffee
Homebuyers | Bankruptcy code: The problem with treating homebuyers as financial creditors–Economic Times–12.06.2018
By Andy Mukherjee From overburdened tribunals to some bizarre judgments and costly delays, India’s new bankruptcy code has had its share of teething troubles. But the law,
Don’t pass the buck: A bad bank will allow PSBs to evade accountability | Business Standard Editorials
The idea of a bad bank — that could take over the non-performing assets (NPAs) weighing down public sector banks — is making a comeback.
RBI’s puzzle | Business Standard Column
The RBI’s main objective is to deliver a consumer price index (CPI) rate of 4 per cent. It also has two other objectives: Exchange rate
Wilful blindness and interest rates | Business Standard Column
India’s 10-year government bond yield, the benchmark for interest rates, is now pushing 8 per cent after the Monetary Policy Committee (MPC) raised the repo rate by
IBC rule barring defaulted promoters ‘can’t be back-dated’ – Business Line
Restricting clause Section 29-A of the IBC says an entity connected to the promoters or the management of the company going through the insolvency process
GST–: Notice shot off to businesses for less IGST input credit claim – The Economic Times–09.06.2018
According to the results of the analysis, importers including bigger companies are paying IGST on imports but not claiming credit for the same. Tax authorities
Mid-year auditor exits rise sixfold in six years – The Hindu–09.06.2018
Mid-year auditor exits rise sixfold in six years Growing friction between them and companies over sharing of financial information could be one of the reasons
A vicious cycle: on trade wars – The Hindu–09.06.2018
Nobody wants to lose a trade war. The European Commission on Wednesday announced it would impose tariffs as high as 25% on imports worth $3.3
RBI amends Gold Monetisation Scheme to make it more attractive – The Financial Express–08.06.2018
The Reserve Bank of India (RBI) has made changes in the Gold Monetisation Scheme (GMS) to make it more attractive. The revamping of the scheme
A Hawk in a Dove’s Neutral Feathers
If it soars like a hawk, sees minute details from a distance like a hawk and swoops for the kill like a hawk, then it
Now get Aadhaar update history online – Here is how – The Financial Express
The UIDAI has introduced facility to enable Aadhaar holders to obtain their Aadhaar update history online, which can be downloaded and provided to various authorities
RBI revises NPA norms for MSMEs – The Financial Express
The Reserve Bank of India (RBI) on Wednesday extended the benefit of 180-days past due (dpd)-based classification of non-performing assets (NPAs) to all medium, small
IBC one-year report card: Recovery rates of bad loans will get worse | Business Standard News
Insolvency and Bankruptcy Code Reacting to Tata Steel’s acquisition of Bhushan Steel last month, finance minister Piyush Goyal tweeted, “Lenders recovered almost the entire principal
Advising the Fed | Business Standard Editorials
In an opinion piece for the Financial Times newspaper that is effectively addressed at his American equivalent, Reserve Bank of India Governor Urjit Patel has argued that the United
It’s time for GST rate cuts | Business Standard Column
The May 2018 numbers for revenue under the Goods and Services Tax (GST) have raised concerns over a slowdown in collections. Such fears, however, are