Clipped from: https://www.thehindubusinessline.com/economy/no-tax-on-cash-deposits-made-by-housewives/article34891763.ece Tribunal exempts women who deposited less than ₹2.50 lakh during the notes recall period A housewife now may not face any problem from
Shareholders hurt in financial bailouts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/shareholders-hurt-in-financial-bailouts/article34892280.ece Committee of Creditors decides resolution process. DHFL, LVB cases have been unfair to shareholders One of the most contentious resolutions under the Insolvency
Stranded staff in India look to CBDT, SC for tax relief – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-stranded-staff-in-india-look-to-cbdt-sc-for-tax-relief/2275747/ As per Income-Tax Act, based on number of days of stay and other conditions, such stranded employees could qualify as ‘non-resident’ or ‘not
Can you prepay your dead brother’s loan from your funds? – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-loans-4/2275748/ In a personal loan, sometimes banks call for the guarantor to pay the loan outstanding if the borrower is deceased. The payment of
Inflation outlook turns more uncertain – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inflation-outlook-turns-more-uncertain/2275778/ Producer price jump a past replay, with demand making a critical difference It is like believing the cobra has been defanged; it can
Cooperative banks need a single regulator – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/cooperative-banks-need-a-single-regulator/2275780/ PMC episode and the role of state govts underscores the need for this, need to amend relevant laws The Vishwanathan committee will soon
jet airways: Bankruptcy court approves Kalrock-Jalan’s resolution plan for revival of Jet Airways – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/bankruptcy-court-approves-kalrock-jalans-resolution-plan-for-revival-of-jet-airways/articleshow/83741240.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The Mumbai bench of the National Company Law Tribunal presided by judicial members – Janab Mohammed Ajmal and V Nallasenapathy while allowing the
itr: Banks to check if you have filed ITR when income crosses TDS limit from July 1, levy 2X TDS if not – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/banks-to-check-if-you-have-filed-itr-when-income-crosses-tds-limit-from-july-1-levy-2x-tds-if-not/articleshow/83739110.cmsSynopsis The objective of this newly inserted provision in the Income-tax Act, 1961 is to ensure that income tax return filing compliance is fulfilled
Govt mulling measures to bolster governance & HR practices in public sector banks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-mulling-measures-to-bolster-governance-hr-practices-in-public-sector-banks/articleshow/83735541.cmsSynopsis Some of the key proposals include longer tenure for executive directors, hiring of specialists in areas such as NPA management and fast track
Jobless rate up again – The Financial Express
Clipped from: https://www.financialexpress.com/economy/jobless-rate-up-again/2275769/ CMIE’s MD and CEO Mahesh Vyas, in an article earlier in the month, had said the spike in unemployment rate implied that a
Do lower rates hurt savers? Not quite, says RBI research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/do-lower-rates-hurt-savers-not-quite-says-rbi-research/articleshow/83734985.cmsSynopsis Economic models suggest that loss of interest income is made up by a rise in demand and wages, as per views put forth
Pay that Rs 4 lakh Covid compensation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/pay-that-rs-4-lakh-covid-compensation/articleshow/83735371.cmsSynopsis It would make eminent political sense as well for the government to come forward to help out families in times of need. In
Relief for PNB Housing Finance: SAT allows vote on Carlyle’s Rs 4,000-crore infusion – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/relief-for-pnb-housing-finance-sat-allows-vote-on-carlyles-rs-4000-crore-infusion/articleshow/83716397.cmsSynopsis The shareholders’ meet is scheduled on June 22. Market regulator Securities & Exchange Board of India had last week told PNB Housing not
How to save the IBC from the NCLT – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-to-save-the-ibc-from-the-nclt/2275775/ Failure to reform the NCLT will bleed the banking sector and kneecap the government’s flagship reform In the interim, additional courts may be
WhatsApp urges HC to stay CCI’s notice – The Financial Express
Clipped from: https://www.financialexpress.com/industry/privacy-policy-whatsapp-urges-hc-to-stay-ccis-notice/2275850/ Monday was the last day for furnishing the information sought by the competition watchdog in relation to a probe ordered by it in
Stricter e-commerce norms to come in, flash sales may be history – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/stricter-e-commerce-norms-to-come-in-flash-sales-may-be-history/articleshow/83720596.cmsSynopsis As per the new draft regulations, no e-commerce entity shall allow any display or promotion of misleading advertisements, whether in the course of
FIDC urges govt to address issues of MSME borrowers & NBFCs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/fidc-urges-govt-to-address-issues-of-msme-borrowers-nbfcs-121062000295_1.html The Finance Industry Development Council (FIDC) has urged the Ministry of Micro, Small & Medium Enterprises (MSME) to address issues faced by MSME
Will co-lending in new avatar fly? It may, but not in a way it was imagined | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/will-co-lending-in-new-avatar-fly-it-may-but-not-in-a-way-it-was-imagined-121062000818_1.html One problem that is yet to be fully resolved is how to marry the low-cost funds of banks with the lower operational costs
Relief for MSME promoters under debt scheme likely | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/covid-19-crisis-relief-for-msme-promoters-under-debt-scheme-likely-121062000979_1.html The government had, in May last year, announced a slew of measures to help MSMEs tide through the Covid-19 crisis. The response to
There is a silent kirana revolution happening in India: Marico MD & CEO | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/there-is-a-silent-kirana-revolution-happening-in-india-marico-md-ceo-121062000875_1.html In an interview with Viveat Susan Pinto, Saugata Gupta responds to questions regarding competitive intensity in honey, overall consumer confidence and the way