Clipped from: https://economictimes.indiatimes.com/industry/telecom/telecom-policy/mobile-pli-timeline-may-begin-in-fy22/articleshow/82984538.cmsSynopsis A change in the timeline will mean manufacturers need to post incremental production worth Rs 4,000 crore in this fiscal year, instead of
DHFL: RBI was never in favour of Wadhawan’s settlement offer – The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/dhfl-rbi-was-never-in-favour-of-wadhawans-settlement-offer/2259705/ RBI, in its submission at NCLT Mumbai on January 15, 2021, had said, “Affording the applicant (Kapil Wadhawan) even an opportunity of presenting
Demerit Goods: Higher rates likely on pan masala and gutkha to curb tax evasion – The Financial Express
Clipped from: https://www.financialexpress.com/economy/demerit-goods-higher-rates-likely-on-pan-masala-and-gutkha-to-curb-tax-evasion/2259657/ The move is expected to help check massive tax evasion in these sectors. Currently, assorted tobacco items, pan masala and aerated water are
Govt likely to raise allocation for key export scheme – The Financial Express
Clipped from: https://www.financialexpress.com/economy/tax-refund-govt-likely-to-raise-allocation-for-key-export-scheme/2259644/ While the revenue department will take a final call on the hike, sources said the total allocation for FY22 may finally jump to
Message tracing: WhatsApp challenges new IT rules in Delhi High Court – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/message-tracing-whatsapp-challenges-new-it-rules-in-delhi-high-court/2259633/ Against clause which requires it to provide first originator of ‘mischievous messages’ What WhatsApp means to say is that end-to-end encryption was designed
करावे कर-समाधान : विवरणपत्र भरण्यास मुदतवाढ, पण.. | Loksatta
lipped from: https://www.loksatta.com/arthvrutant-news/income-tax-department-extended-the-deadline-filing-return-zws-70-2478629/ फॉर्म १६’ देण्याची मुदत १५ जून २०२१ ही होती. ती आता अनुक्रमे ३० जून आणि १५ जुलै २०२१ अशी करण्यात आलेली आहे; प्रवीण
Don’t let errant promoters make mockery of IBC – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/dont-let-errant-promoters-make-mockery-of-ibc/2259687/ Lenders should not be forced to consider Wadhawan proposal, this would create a moral hazard If that came as a rude shock, the
Storm over social media | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/storm-over-social-media-121052601473_1.html There can’t be arbitrary rules just because privacy right is not absolute WhatsApp, the instant messaging service, has challenged the new social media intermediary rules
Moody Blues — the fickle world of ratings – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/moody-blues-the-fickle-world-of-ratings/article34651915.ece?homepage=true Ratings Boon or bane? – fazon1 Rating agencies have got things horribly wrong in the past. But they still carry a lot of
RBI to the rescue, again – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-centre-cannot-be-grudged-the-large-surplus-transfer-from-the-rbi-but-prudence-is-important/article34651731.ece?homepage=true The Centre cannot be grudged large surplus transfer from the RBI, but prudence is important The transfer of ₹99,122 crore of its surplus
Social media firms seek time to comply with new digital rules – Today’s Paper – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/article34645981.ece Deadline ended on Tuesday but no govt action, yet Internet tech giants including Facebook, WhatsApp, and Twitter could be in trouble as they
Tough audit rules | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/tough-audit-rules-121052501692_1.html RBI must consider the concerns of financial services players About a month ago, the Reserve Bank of India (RBI) issued a circular that substantially altered
Reserve Bank of India digs in heels on auditor appointments at banks, NBFCs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/reserve-bank-of-india-digs-in-heels-on-auditor-appointments-at-banks-nbfcs-121052600035_1.html The para banks, however, were allowed to do the change from the second half of the fiscal year. The RBI has argued that
Needed, better home loan insurance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/needed-better-home-loan-insurance/articleshow/82952949.cmsSynopsis The solution is to have better designed products. Most home loan protection schemes come with a one-time premium. Advancing the premium as part
Hiccups in renewal of staff term life covers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/hiccups-in-renewal-of-staff-term-life-covers/articleshow/82959247.cms SynopsisMax Life, PNB MetLife, ICICI Prudential Life, HDFC Life, Kotak Life and Tata AIA are among the firms that are reportedly enforcing stricter
Second Covid-19 wave may leave a bigger dent on GDP: Reports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/2nd-wave-may-leave-a-bigger-dent-on-gdp/articleshow/82959246.cmsSynopsis Slow vaccinations and the uneven easing of curbs by states will likely weigh on recovery. “Even as India’s second Covid-19 wave starts to
Power industry seeks relaxation of fly ash disposal norms – The Financial Express
Clipped from: https://www.financialexpress.com/industry/power-industry-seeks-relaxation-of-fly-ash-disposal-norms/2259003/ Over 25% of fly ash produced from power plants is used by the cement industry. Bricks and tile makers consume about 10% and
Growth pangs: Govt weighs fresh stimuli, relief package to soften Covid-19 blow – The Financial Express
Clipped from: https://www.financialexpress.com/economy/growth-pangs-govt-weighs-fresh-stimuli-relief-to-soften-covid-19-blow/2258903/ Package could be ‘smaller compared to last year’s yet meaningful’; tourism, hospitality, aviation among focus sectors The RBI had in April (before the
Your Queries (Income Tax): Tax exemption on gain on plot sale if reinvested in new house within 2 years – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-4/2258877/ If by the time of filing of ITR for the relevant assessment year, the net consideration/ part of it cannot be appropriated towards
Pandemic Lows: Formalisation of jobs takes a big hit – The Financial Express
Clipped from: https://www.financialexpress.com/economy/pandemic-lows-formalisation-of-jobs-takes-a-big-hit/2258901/In the case of ESIC also, the net addition to the subscriber base is much lower than what the number of new subscribers indicates
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