IBBI’s new measures aim to boost efficiency in personal guarantor insolvency – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/ibbis-new-measures-aim-to-boost-efficiency-in-personal-guarantor-insolvency/article67365468.ece Clipped from: https://www.thehindubusinessline.com/economy/ibbis-new-measures-aim-to-boost-efficiency-in-personal-guarantor-insolvency/article67365468.ece IBBI aims to enhance personal guarantor insolvency by introducing mandatory creditor meetings, shared recommendations, and a single resolution professional for both personal

👍👍👍👍👍Digital India Bill: Aadhaar likely to be default e-ID of citizens

https://www.business-standard.com/economy/news/digital-india-bill-aadhaar-likely-to-be-default-e-id-of-indian-citizens-123092901098_1.html Clipped from: https://www.business-standard.com/economy/news/digital-india-bill-aadhaar-likely-to-be-default-e-id-of-indian-citizens-123092901098_1.html The government is also likely to have sweeping powers to track, monitor, intercept, moderate and take down online content under the new

👍👍👍👍👍Customers can now choose from multiple card networks from October 1

https://www.business-standard.com/industry/banking/customers-can-now-choose-from-multiple-card-networks-from-october-1-123092901165_1.html Clipped from: https://www.business-standard.com/industry/banking/customers-can-now-choose-from-multiple-card-networks-from-october-1-123092901165_1.html As per the notification, the card issuers must issue cards across more than one network and give their customers the option to

👍👍👍👍👍Credit cards-in-force cross 9-crore mark, spends at high of ₹1.49-lakh crore – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/credit-cards-in-force-cross-9-crore-mark-spends-at-high-of-149-lakh-crore/article67357104.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-cards-in-force-cross-9-crore-mark-spends-at-high-of-149-lakh-crore/article67357104.ece Card additions for the month remained healthy, increasing by 1.6 per cent on-month compared with 1.3 per cent in July Credit cards-in-force

👍👍👍👍👍International credit card spending to remain outside LRS – The Hindu BusinessLine

https://www.thehindubusinessline.com/todays-paper/tp-economy/international-credit-card-spending-to-remain-outside-lrs/article67357260.ece Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-economy/international-credit-card-spending-to-remain-outside-lrs/article67357260.ece New TCS norms for LRS to be come into effect from Oct 1 The notification on spending through International Credit Card abroad

👍👍👍👍👍Exporters seek more sops for value-added products under Rodtep scheme

https://www.business-standard.com/economy/news/exporters-seek-more-benefits-under-rodtep-scheme-for-value-added-goods-123092800970_1.html Clipped from: https://www.business-standard.com/economy/news/exporters-seek-more-benefits-under-rodtep-scheme-for-value-added-goods-123092800970_1.html Say current structure provides higher refund rates on lesser value-added goods Listen to This Article Exporters have sought more benefits for value-added

👍👍👍👍👍👍👍New GST rules to tighten compliance for foreign digital service providers

https://www.business-standard.com/economy/news/new-gst-rules-to-tighten-compliance-for-foreign-digital-service-providers-123092701385_1.html Clipped from: https://www.business-standard.com/economy/news/new-gst-rules-to-tighten-compliance-for-foreign-digital-service-providers-123092701385_1.html They will have to pay 18 per cent GST regardless of the purpose Listen to This Article Starting October 1, foreign companies

👍👍👍👍👍India-US bond yield spread falls to lowest level in more than 17 years

https://www.business-standard.com/economy/news/yield-spread-between-india-and-us-treasury-bonds-declined-to-lowest-level-123092801224_1.html Clipped from: https://www.business-standard.com/economy/news/yield-spread-between-india-and-us-treasury-bonds-declined-to-lowest-level-123092801224_1.html This makes Indian bonds less attractive to foreign investors Listen to This Article JP Morgan’s decision last week to include Indian government

👍👍👍👍👍Goods and Services Tax E-Invoicing Rules Change 2023: What are the recent changes to e-invoicing in GST? | The Financial Express

https://www.financialexpress.com/money/goods-and-services-tax-gst-e-invoicing-rules-change-2023-what-are-the-recent-changes-3256783/ Clipped from: https://www.financialexpress.com/money/goods-and-services-tax-gst-e-invoicing-rules-change-2023-what-are-the-recent-changes-3256783/ GST e-invoicing rules change 2023: The GSTN had earlier released an advisory on 13th April 2023 communicating the time limits with respect

Asset Reconstruction Companies want larger pie of stressed assets | The Financial Express

https://www.financialexpress.com/business/banking-finance-asset-reconstruction-companies-want-larger-pie-of-stressed-assets-3257767/ Clipped from: https://www.financialexpress.com/business/banking-finance-asset-reconstruction-companies-want-larger-pie-of-stressed-assets-3257767/ Seek RBI’s nod to acquire assets from AMCs and AIFs X By Sachin Kumar Asset Reconstruction Companies (ARCs), which buy non-performing assets

👍👍👍👍👍Unclog the credit lines: Nurture MSMEs to empower India’s economic growth – The Economic Times

https://economictimes.indiatimes.com/opinion/et-commentary/unclog-the-credit-lines-nurture-msmes-to-empower-indias-economic-growth/articleshow/103997512.cms Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/unclog-the-credit-lines-nurture-msmes-to-empower-indias-economic-growth/articleshow/103997512.cms Synopsis As India moves ahead with confidence and aspires to be a developed nation by 2047, MSMEs will have to play a

👍👍👍👍👍👍👍GST Registration cannot be cancelled without granting opportunity of being heard

https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-granting-opportunity-heard.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-granting-opportunity-heard.html Ashok Kumar Vishwakarma Vs Union of India (Bombay High Court) Introduction: The case of Ashok Kumar Vishwakarma Vs. Union of India sheds light

👍👍👍👍👍👍👍Court admitted writ challenging amendment to Rule 61(5) of CGST Rules

https://taxguru.in/goods-and-service-tax/court-admitted-writ-challenging-amendment-rule-61-5-cgst-rules.html Clipped from: https://taxguru.in/goods-and-service-tax/court-admitted-writ-challenging-amendment-rule-61-5-cgst-rules.html Sakthi Industries Vs Union of India (Madras High Court) The Hon’ble Madras High Court in M/s. Sakthi Industries v. Union of India [W.P.No.26901

👍👍👍👍👍Superintendent of Central Tax should take Independent Decision without Influence of Direction by DGGI for Cancellation of GST Registration: Kerala HC

Clipped from: https://www.taxscan.in/superintendent-of-central-tax-should-take-independent-decision-without-influence-of-direction-by-dggi-for-cancellation-of-gst-registration-kerala-hc/325202/ In a significant ruling the Kerala High Court observed that the Superintendent of Central Tax should take an independent decision without the influence

A👍👍👍👍👍lmost half of cyber crime cases since 2020 have been linked to UPI – The Hindu BusinessLine

https://www.thehindubusinessline.com/data-stories/data-focus/almost-half-of-cyber-crime-cases-since-2020-have-been-linked-to-upi/article67348520.ece Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/almost-half-of-cyber-crime-cases-since-2020-have-been-linked-to-upi/article67348520.ece The report titled ‘A deep dive into cybercrimes trends impacting India’ shows that from Jan 2020 to June 2023, almost half (47.25

Broking industry’s race to the top: Groww poised to pip Zerodha, but…

https://www.business-standard.com/industry/news/broking-industry-s-race-to-the-top-groww-poised-to-pip-zerodha-but-123092600427_1.html Clipped from: https://www.business-standard.com/industry/news/broking-industry-s-race-to-the-top-groww-poised-to-pip-zerodha-but-123092600427_1.html Groww set to become number one in active investors, but Zerodha remains most profitable Since FY22, while Zerodha’s growth has remained flat,

👍👍👍👍👍Mutual Fund: Avoid inheritance hassles for your heirs by appointing a nominee

https://www.business-standard.com/finance/personal-finance/avoid-inheritance-hassles-for-heirs-by-appointing-a-nominee-123092600997_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/avoid-inheritance-hassles-for-heirs-by-appointing-a-nominee-123092600997_1.html Avoid inheritance hassles for heirs, appoint a nominee Mutual fund unit holders have until September 30, 2023, to either appoint a nominee

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