Clipped from: https://www.thehindubusinessline.com/money-and-banking/extension-of-directions-a-setback-to-depositors/article35003374.ece?homepage=true The delay in accessing money is causing them a lot of anxiety amid the pandemic The extension of directions on scam-hit Punjab and
In deep distress, aviation sector needs help – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/in-deep-distress-aviation-sector-needs-help/article35005432.ece?homepage=true The govt has left the airlines to their own inventiveness to cope with the surging losses Civil aviation is capital intensive; astronomical investments
Many large e-comm firms have blatantly flouted laws of land: Goyal | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/many-large-e-comm-firms-have-blatantly-flouted-laws-of-land-goyal-121062601297_1.html All ecommerce companies should follow the law of the land and do not use muscle or money power to hurt Indian interests, Commerce
Tyre industry seeks raw material partners to unleash growth | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tyre-industry-seeks-raw-material-partners-to-unleash-growth-121062600628_1.html India’s tyre sector is seeking effective collaboration with raw material partners to harness its potential, industry body Automotive Tyre Manufacturers Association (ATMA) said.
Jaypee Infratech: Can the narrow win margin by the Suraksha group trigger a revote? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/jaypee-infratech-can-the-narrow-win-margin-by-the-suraksha-group-trigger-a-revote/article35003068.ece?homepage=true Though there is no provision for providing rebidding opportunities under the IBC, it appears that NBCC might appeal to the NCLT, say expert
Can I pay life insurance premium for my wife, daughter for tax deduction? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/ask-money-today/story/ask-money-today-can-i-pay-life-insurance-premium-for-my-wife-daughter-for-tax-deduction-298259-2021-06-01 The interest rate earned in PPF is reasonably higher and this helps get the benefit of compounding effect over the long term Contribution
Received donations from friends and family; will it be taxable? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/ask-money-today/story/ask-money-today-received-donations-from-friends-and-family-will-it-be-taxable-296876-2021-05-24 Not all gifts received are taxed. Gifts received from specified close relatives are not taxed and are fully tax-free in the hands of
What’s in store for PMC depositors | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/what-s-in-store-for-pmc-depositors-121062700789_1.html They will probably get their money back through staggered payments, and part of it can be converted into equity. Hundreds of employees of
Let’s step back from the NPA Scare | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/let-s-step-back-from-the-npa-scare-121062800012_1.html Regulators and agencies need to instil less fear in lenders, so that they are able to actively restructure debts An “NPA Scare” is
A sharp turnaround | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/a-sharp-turnaround-121062800008_1.html India Inc remains cautious after a robust Q4 performance The results of 1,757 listed companies that have declared their results for the fourth
A stitch in time – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-stitch-in-time/article35004562.ece RBI’s norms for NBFC dividend payouts may not have an immediate impact, but signal emerging stress In line with its stated objective of
Inadequate planning | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/inadequate-planning-121062800010_1.html PLI schemes are being spread across too many sectors The Union government’s production-linked incentive (PLI) schemes for various sectors are gathering momentum. It
A stitch in time – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-stitch-in-time/article35004562.ece RBI’s norms for NBFC dividend payouts may not have an immediate impact, but signal emerging stress In line with its stated objective of
What is presumptive taxation scheme for professionals? Who can opt for it? – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/what-is-presumptive-taxation-scheme-for-professionals-who-can-opt-for-it/2279158/ This scheme is available only to a resident individual or a partnership firm engaged in a specified profession but not to a limited
Ambulance that can be drawn by an autorickshaw – The Hindu
Clipped from: https://www.thehindu.com/news/national/andhra-pradesh/ambulance-that-can-be-drawn-by-an-autorickshaw/article34981387.ece?homepage=true It has an oxygen cylinder, life-saving drugs and space for two to accompany a patient The coronavirus pandemic has exposed the lack of
After Air India, Cairn to target more state cos to recover money due from govt – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/after-air-india-cairn-to-target-more-state-cos-to-recover-money-due-from-govt/article34998594.ece Last month, Cairn brought a lawsuit in the U.S. District Court. After Air India, Britain’s Cairn Energy PLC plans to target assets of
Govt defers mandatory installation of front seat airbags in existing car models till December 31 – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/govt-defers-mandatory-installation-of-front-seat-airbags-in-existing-car-models-till-december-31/article35001403.ece At present, only the driver’s seat airbag is mandatory for existing models of cars The road transport ministry has deferred by four months
IBBI ‘inadvertently’ puts out Aadhaar, PAN info of creditors on website; removes them later – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/ibbi-inadvertently-puts-out-aadhaar-pan-info-of-creditors-on-website-removes-them-later/article35001568.ece It could not be immediately ascertained as to such details of how many creditors were put out The Insolvency and Bankruptcy Board of
Why keeping your money in the bank is making you poorer every year | Deccan Herald
Clipped from: https://www.deccanherald.com/business/family-finance/why-keeping-your-money-in-the-bank-is-making-you-poorer-every-year-999590.html Unfortunately, India tends to have one of the highest inflation rates in the world Pratik Oswal. A salary hitting the bank account every
IMF has rescue plan for poor nations, but rich ones stand to gain | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/imf-has-rescue-plan-for-poor-nations-but-rich-ones-stand-to-gain-1001174.html For poor countries, the most immediate need is for Covid vaccines By Peter S Goodman and Alan Rappeport, In a global economy defined by