Clipped from: https://www.deccanherald.com/national/cant-offer-undue-sympathy-to-officer-accused-of-defrauding-postal-dept-sc-1102095.html The government employee was accused of defrauding the postal department by withdrawal of Rs 16.59 lakh from accounts Supreme Court of India. Credit:
*Can you buy a house in hometown on loan and claim tax deductions? | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/work-from-home-can-you-buy-a-house-in-hometown-on-loan-and-claim-tax-deductions/2496830/ Taking advantage of work from home, many employees – especially those staying on rent in metro cities – may have shifted to their
*Income Tax: You can disclose capital gains from mutual funds and shares in ITR-4 | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-you-can-disclose-capital-gains-from-mutual-funds-and-shares-in-itr-4/2496942/ ITR-4 can be filed by individuals with income up to Rs 50 lakh from business or profession and have opted for presumptive taxation
*Fuel prices: Solving the petroleum price puzzle | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/fuel-prices-solving-the-petroleum-price-puzzle/2496864/ To reduce vulnerability to such situations, the Centre, in the short term, aims to protect people from bearing the full brunt of oil
*Oil diplomacy: India’s stance must remain consistent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/oil-diplomacy-indias-stance-must-remain-consistent/article65323603.ece A file picture of the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia | Photo Credit: VASILY FEDOSENKO
*In a new orbit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/in-a-new-orbit/article65335536.ece Tax finance concept with bill and magnifying glass. Vector illustration | Photo Credit: wissanu99 Ongoing tax reforms boosted collections in FY22 but FY23
*Can mobile phone exports be sustained? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/boosting-mobile-phone-exports-have-we-ticked-the-right-boxes/article65332974.ece The PLI scheme does not incentivise global brands to bring their supply chain to the country | Photo Credit: ANUSHREE FADNAVIS The PLI
*IBBI proposes changes in insolvency resolution process regulations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ibbi-proposes-changes-in-insolvency-resolution-process-regulations/article65335017.ece Experts say there will be increased efficiency and clarity for the Resolution Professional which will make the insolvency process more effective and efficient
ACC net profit down 30% on cost pressure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/acc-net-profit-down-30-on-cost-pressure/article65335757.ece Due to low demand, the company could not pass on incremental cost to end consumers Associated Cement Companies (ACC), one of the largest
*Rupee on a downhill – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/statistalk/rupee-on-a-downhill/article65336392.ece The Indian currency has been one of the weakest Asian currencies so far this year. Significant levels of capital flight and rising prices
*RBI unveils large exposures framework for Upper Layer NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-large-exposures-framework-for-upper-layer-nbfcs/article65336317.ece Sum of all the exposure values to single counterparty must not be higher than 20 per cent of available eligible capital base The
*The slowdown in 2019-20 was neither anomalous, nor inexplicable | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-slowdown-in-2019-20-was-neither-anomalous-nor-inexplicable-122041900239_1.html It is important to remember that growth had been slowing for five consecutive quarters before 2019-20 Economists love to find trends or anomalies,
*Valuation pressure | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/valuation-pressure-122041901330_1.html Outlook for the IT sector has changed considerably The underperformance of information technology (IT) stocks in the recent past has been an unpleasant
*Seniors need to submit Forms 12BBA, 15G, 15H to save on TDS: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/seniors-need-to-submit-forms-12bba-15g-15h-to-save-on-tds-experts-122041901327_1.html As we enter FY23, remember April is a good time to look into your tax planning for the year ahead As we enter
Structural changes | Business Standard Editorials
lipped from: https://www.business-standard.com/article/opinion/structural-changes-122041801270_1.html GST system needs careful interventions Goods and services tax (GST) collection in March reached an all-time high of Rs 1.42 trillion. The collection
*PLI scheme with a return for the government | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/pli-scheme-with-a-return-for-the-government-122041801285_1.html Despite the massive opportunity cost of the PLI scheme, there is considerable enthusiasm amongst the proponents of the scheme The government’s ambitious production-linked
Farmers are doing well | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/farmers-are-doing-well-122041801212_1.html In 2022, India will record the fifth consecutive year of bumper wheat crop Labour statistics from CMIE’s Consumer Pyramids Household Survey has shown
*Indian economy not immune to negative externalities, says RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/indian-economy-not-immune-to-negative-externalities-says-rbi-report-122041800907_1.html Spurring private investment key for sustainable growth the report adds India is facing the tremors from the shocks emanating from geo-political tensions that
Wholesale inflation in March surges to second highest since 2004 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/wpi-inflation-in-march-second-highest-since-2004-as-commodity-prices-spike-122041801262_1.html This surge comes as commodity prices harden amid the Russia-Ukraine offensive The wholesale price index (WPI)-based inflation rate in March shot up to the second
*India will have over 250 unicorns by 2025, says Iron Pillar report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-will-have-over-250-unicorns-by-2025-says-iron-pillar-report-122041800218_1.html The public listing of 12 Unicorns is another indicator of the increasing maturity of the Indian tech ecosystem The public listing of 12
