Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-government-should-consider-the-introduction-of-an-automobile-dealers-protection-act/articleshow/86463703.cmsSynopsis The Indian automobile industry is a ₹8.2 lakh crore industry, and its turnover constitutes 6.4% of overall GDP, 20% of industrial GDP and
Accounting regulator raps ‘EY arm’s’ audit of IL&FS firm – The Hindu
Clipped from: https://www.thehindu.com/business/accounting-regulator-raps-ey-arms-audit-of-ilfs-firm/article36638737.ece ‘Understatement of losses runs up to more than ₹2,000 crore’ The National Financial Reporting Authority (NFRA) has rapped ‘EY group firm’ SRBC &
CEA takes a dig at ‘freebie culture’; wants States to favour capital over revenue expenditure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cea-takes-a-dig-at-freebie-culture-wants-states-to-favour-capital-over-revenue-expenditure/article36626605.ece?homepage=true Supply-side reform is the only way to attract investment and spur growth, says KV Subramanian India’s Chief Economic Advisor KV Subramanian on Thursday
Over 40% of Indian unicorns have been created in 2021 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/over-40-of-indian-unicorns-have-been-created-in-2021/article36585307.ece?homepage=true This picture is used for representational purpose only. – z_wei This picture is used for representational purpose only. – z_wei× A unicorn is
Stock market, a barometer of underlying confidence of the economy: Rashesh Shah – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/stock-markets/stock-market-a-barometer-of-underlying-confidence-of-the-economy-rashesh-shah/article36635014.ece?homepage=true Rashesh Shah, Chairman and M D , Edelweiss Financial Services Rashesh Shah, Chairman and M D , Edelweiss Financial Services× Animal spirits are
Issue of certificate of deposits plunges on poor credit demand, excess liquidity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/issue-of-certificate-of-deposits-plunges-on-poor-credit-demand-excess-liquidity/article36631357.ece?homepage=true Market for CDs has been dormant due to lack of funding requirement The total outstanding certificate of deposits (CDs) issued by scheduled commercial
Minimising tax liabilities by lawful means not illegal, says ITAT – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/minimising-tax-liabilities-by-lawful-means-not-illegal-says-itat/article36638261.ece Mumbai Bench rules tax planning, without using colourable devices, is not wrong The Income Tax Appellate Tribunal (ITAT) has held that minimising tax
Saree controversy at South Delhi restaurant: NCW summons staff | Delhi News
lipped from: https://indianexpress.com/article/cities/delhi/saree-controversy-at-south-delhi-restaurant-ncw-summons-staff-7530701/ The NCW Thursday asked the Delhi Police chief to probe the incident, while also writing to Aquila’s director to appear before it on
Embedded Value: Assign your life insurance policy to get funds – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/embedded-value-assign-your-life-insurance-policy-to-get-funds/2336463/ You can borrow money from a bank by assigning your life insurance policy to it. On repaying the loan, bank must reassign the
All states come on board for Rs 3 trillion discoms reforms scheme | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/all-states-come-on-board-for-rs-3-trillion-discoms-reforms-scheme-121092301305_1.html States have been given till December to submit loss reduction plan; many of them will do so by October, says power minister States
New recurring payment norms from Oct 1: Banks, card issuers in a tizzy | Business Standard News
lipped from: https://www.business-standard.com/article/finance/rbi-s-firm-stand-on-payments-sends-banks-card-issuers-into-a-tizzy-121092301381_1.html Customers are being notified about changes, and alternative methods of payments Photo: Bloomberg Sensing the Reserve Bank of India’s (RBI’s) firm resolve to
Anti-profiteering body gets 1-year extension – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/anti-profiteering-body-gets-1-year-extension/article36554082.ece?homepage=true Tax Dept exploring option of transferring pending and future cases to the CCI The GST Council has decided to extend the tenure of
Infosys, I-T Dept working to fix e-filing glitches, 30 mn transactions done | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/infosys-i-t-dept-working-to-fix-e-filing-glitches-30-mn-transactions-done-121092300725_1.html Further, more than 1.5 million unique taxpayers have logged into the portal on average every day in September and over 15 million returns
Decoded: What is UPI and how does it work?–business-standard
Clipped from: https://www.business-standard.com/the-morning-show/video/decoded/decoded-what-is-upi-and-how-does-it-work-32.htmhttps://player.vimeo.com/video/609239276 Decoded: What is UPI and how does it work? Launched in 2016, UPI is a revolutionary technology framework used for mobile payments in
Challenge By Tax Bar Association to New Income Tax Portal System–taxguru.in
Clipped from: https://taxguru.in/income-tax/challenge-tax-bar-association-income-tax-portal-system.html Dr. Ashok Saraf, Senior Advocate Tax Bar Association Vs Union of India (Gauhati High Court) The writ petition filed by the tax Bar
Exclusive | RBI ex-Guv Subbarao says Fed taper won’t cause tantrums this time – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/exclusive-rbi-ex-guv-subbarao-says-fed-taper-wont-cause-tantrums-this-time/articleshow/86451708.cmsSynopsis The Indian equity market shrugged off the Fed announcement and took the benchmark indices to newer heights on Thursday, as investors’ risk appetite
Jobs may be shuffling back, but what about purchasing power? – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/jobs-may-be-shuffling-back-but-what-about-purchasing-power/2335629/ Once adjusted for inflation, real purchasing power could remain lower than pre-pandemic levels for both urban and rural areas This translates into a
Lenders defeating the IBC’s spirit – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/lenders-defeating-the-ibcs-spirit/2335568/ Videocon bid and, now, U-turn show banks defanging IBC by letting buyers acquire stressed assets at basement bargains Indeed, the sale, at Rs
Mumbai housing societies unable to hold annual general meeting without audit report | Mumbai news – Hindustan Times
Clipped from: https://www.hindustantimes.com/cities/mumbai-news/mumbai-housing-societies-unable-to-hold-annual-general-meeting-without-audit-report-101631818451153.htmlIn many cases, due to Covid-19 restrictions, the housing societies in Mumbai were not ready with the accounts in the first place. (Anshuman Poyrekar/HT