Clipped from: https://www.businesstoday.in/money/ask-money-today/ask-money-today-how-does-capital-gains-account-scheme-work-in-buying-a-house-property/story/438363.html It is required to utilise capital gains amount towards acquisition of property before filing of ITR. If you don’t, then this amount should
Here’s what else the RBI can do as pandemic rages on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/heres-what-else-the-rbi-can-do-as-pandemic-rages-on/articleshow/82428076.cmsSynopsis As regulator of the banking sector, the RBI can ease loan repayment rules, especially for sectors badly hit by the pandemic’s second wave
Majority of SMEs qualify for restructuring says Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/majority-of-smes-qualify-for-restructuring-says-crisil/articleshow/82433645.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Last fiscal, a third of these SMEs had cushioned their liquidity by availing of the RBI mandated six month moratorium on bank loans.
Insurance uncertainties, big dents on the wallet: second wave grips life in India like a constrictor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/insurance-uncertainties-big-dents-on-the-wallet-second-wave-grips-life-in-india-like-a-constrictor/primearticleshow/82411229.cms Synopsis–As India fights pandemic’s second wave, the impact has been more deep-rooted. Families’ budgets have been shaken and more unpleasant realities are coming
On hold – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/on-hold/article34500577.ece?homepage=true FPIs are unlikely to return in strength until the Covid second wave ebbs and the economy stabilises Global liquidity, induced by monetary easing
Centre mulls relaxing Rs 2 lakh cash transaction limit for COVID-19 treatment–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/centre-mulls-relaxing-rs-2-lakh-cash-transaction-limit-for-covid-19-treatment/story/438537.html The high court was hearing a plea seeking suspension of Section 269ST of the Income Tax Act which puts a bar on a
SEBI notifies relaxed norms for listing start-ups- Business today
Clipped from: https://www.businesstoday.in/current/economy-politics/sebi-notifies-relaxed-norms-for-listing-start-ups/story/438542.html The regulator has reduced the period of holding of 25 per cent of pre-issue capital of the issuer company by eligible investors to
Atmanirbhar Bharat: Why business localisation is a win-win proposition for all–business today
Clipped from: https://www.businesstoday.in/opinion/columns/atmanirbhar-bharat-why-business-localisation-is-a-win-win-proposition-for-all/story/438526.html Localisation has brought in the world’s best-in-class technology, enabled knowledge sharing, tech transfers, and skilling of our people, and brought in value-added products
Rs 6,700 crore pending COVID-19 claims; only 57% settled so far–business today
Clipped from: https://www.businesstoday.in/money/insurance/rs-6700-crore-pending-covid-19-claims-only-57-settled-so-far/story/438446.html There are numerous cases in which policyholders have received only about 50 per cent of the total medical bill. For example, if your
Ground reality | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/ground-reality-121050601381_1.html Reforms and direct payment will benefit farmers If there were apprehensions about the smooth running of rabi grain marketing and procurement operations this
Hospitals to reap the benefits of RBI’s health care liquidity injection | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/hospitals-to-reap-the-benefits-of-rbi-s-health-care-liquidity-injection-121050601444_1.html While top hospital chains reported an average borrowing cost of 9.8% in H1FY21, loans under the special RBI liquidity window for the health
RBI’s Rs 50K cr liquidity facility can augment hospital bed capacity Crisil | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-s-rs-50k-cr-liquidity-facility-can-augment-hospital-bed-capacity-crisil-121050700688_1.html Reserve Bank’s Rs 50,000-crore liquidity window can help augment the bed capacity at hospitals by up to 20% as credit will be available
RBI lends a helping hand to lenders to the grassroots – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/rbi-lends-a-helping-hand-to-small-finance-banks/articleshow/82400621.cmsSynopsis RBI has allowed SFBs to classify fresh lending to MFIs with asset size of up to Rs 500 crore as priority sector lending
PSBs form ‘Alliance’ to provide door step banking – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/psbs-form-alliance-to-provide-door-step-banking/articleshow/82433465.cmsSynopsis Besides public sector banks, two private sector lenders IDBI Bank and ICICI Bank were also shareholders in Cordex but will surrender their stake
PSBs will only lead bad bank, pvt banks also need to support it: SBI MD – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/psbs-will-only-lead-bad-bank-pvt-banks-also-need-to-support-it-sbi-md/articleshow/82434371.cmsSynopsis If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per
IDBI expects 2% of small borrowers to opt for recast – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/idbi-expects-2-of-small-borrowers-to-opt-for-recast/articleshow/82448203.cmsSynopsis IDBI Bank exited RBIs prompt corrective action (PCA) framework after four years in March this year, posted profits of Rs 512 crore at
Amid rise in raw material costs, margin pressures to weigh on tyre stocks | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amid-rise-in-raw-material-costs-margin-pressures-to-weigh-on-tyre-stocks-121050601115_1.html Tyre companies may not be able to fully pass on the surge in raw material costs Margins for the larger tyre makers, Apollo
RBI allows lenders to revamp MSME accounts under Covid-19 related stress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/rbi-allows-lenders-to-revamp-msme-accounts-under-covid-19-related-stress/article34495597.ece The Reserve Bank of India (RBI) has allowed lenders to extend the facility for restructuring existing loans of micro, small and medium enterprises
Biden’s travel ban on India beggars belief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/rajkamal-rao/a-ban-most-unfair/article34501059.ece The blanket rule affects a vast swath of Indians simply because they happen to be in a country fighting a grave health crisis
On hold – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/on-hold/article34500577.ece FPIs are unlikely to return in strength until the Covid second wave ebbs and the economy stabilises Global liquidity, induced by monetary easing
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