Clipped from: https://www.thehindubusinessline.com/news/worlds-fastest-recovery-outlook-at-risk-as-virus-sweeps-india/article34405811.ece?homepage=true Experts say failure to flatten the virus curve could exert pressure on monetary and fiscal policies Only two weeks ago, the International Monetary
More clarity now on cross-border taxation – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/more-clarity-now-on-cross-border-taxation/article34408118.ece This apart, the amendments in the Budget give a fillip to foreign institutions to invest in India In the backdrop of the Covid-19
63Moons moves NCLT against Piramal ascribing ₹1 value to DHFL’s ‘recoverable’ assets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/63moons-moves-nclt-against-piramal-ascribing-1-value-to-dhfls-recoverable-assets/article34407627.ece 63Moons Technologies has dragged Piramal Capital and Housing Finance to the National Company Law Tribunal (NCLT) for ascribing ‘₹1’ value to the assets
How LTCG tax is calculated when the actual acquisition cost is not available – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-ltcg-tax-is-calculated-when-the-actual-acquisition-cost-is-not-available/article34403428.ece In respect to some of the equity investments in listed companies made by me, both through primary and secondary markets, I am planning
How to select the right insurance cover for your vehicle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-select-the-right-insurance-cover-for-your-vehicle/article34402660.ece Select a policy that insures your vehicle in all situations According to the Motor Vehicles Act 1988, it is mandatory for all vehicles
IBC mechanism ready to take up cases after a year-long hiatus | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/statsguru-ibc-mechanism-ready-to-take-up-cases-after-a-year-long-hiatus-121032800774_1.html As many as 1,942 cases are currently going on under the Code (as of September 2020) A summary analysis of about 280 resolutions
The start, not the end, of Unicorn seeding | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-start-not-the-end-of-unicorn-seeding-121042101220_1.html Conditions are ripe in a broad range of sectors for strong growth and innovation In the first part of this four-part series, we
Irdai slaps Rs 51 lakh fine on four insurers for violation of norms | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/irdai-slaps-rs-51-lakh-fine-on-four-insurers-for-violation-of-norms-121041800452_1.html Regulator Irdai has imposed a penalty of Rs 51 lakh on four insurers, including SBI General Insurance Company, for violation of certain norms
Microfinance, unsecured SME loan pools to face most stress if lockdowns turn more severe: ICRA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/microfinance-unsecured-sme-loan-pools-to-face-most-stress-if-lockdowns-turn-more-severe-icra/2239969/ Credit and Finance for MSMEs: While Covid cases continue to explode in April even as state governments have been mounting restrictions to arrest
CBDT issues procedure and guidelines for submission of Statement of Financial Transactions for dividend, interest income – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/cbdt-issues-procedure-and-guidelines-for-submission-of-statement-of-financial-transactions-for-dividend-interest-income/2239006/ The statement of financial transactions shall be furnished on or before the 31 st May, immediately following the financial year in which the
Covid-19 second wave single biggest challenge to recovery: RBI Governor Das | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/coronavirus-second-wave-cast-a-long-shadow-on-india-s-growth-mpc-members-121042201123_1.html MPC minutes show one member saw little merit in continuing with central bank’s forward guidance Most members were not very sure how the
Govt examining industry demands; breather on tax compliance deadline likely | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-examining-industry-demands-breather-on-tax-compliance-deadline-likely-121042300021_1.html Proposals for a 3-month extension of compliance timeline being considered The Union government is examining proposals seeking relief to businesses through extension of
A rising tide of old ideas: How world economics has changed in 4 decades | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-rising-tide-of-old-ideas-how-world-economics-has-changed-in-4-decades-121042300671_1.html Higher tax rates, central banks pumping out cash, protection for home industry, suppressing interest rates, high social welfare pay-outs – all hark back
IRDAI issues clarification on cashless claims in Covid-19 cases – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/irdai-provides-clarification-on-cashless-claims-in-covid-19-cases/article34387792.ece FM has also clarified that cashless service will be available at all places Insurance Regulatory and Development Authority of India (IRDAI) has clarified
FM speaks to IRDAI Chairman on Covid insurance claims – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/fm-speaks-to-irdai-chairman-on-covid-insurance-claims/article34390040.ece As on 20/4/21, over 9 lakh Covid-related claims have been settled, Nirmala Sitharaman tweeted Finance Minister Nirmala Sitharaman has said that she had
How to select the right insurance cover for your vehicle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-to-select-the-right-insurance-cover-for-your-vehicle/article34402660.ece Select a policy that insures your vehicle in all situations According to the Motor Vehicles Act 1988, it is mandatory for all vehicles
Know the two circumstances under which insurers waive premium – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/know-the-two-circumstances-under-which-insurers-waive-premium/article34402711.ece …when you’re critically ill or disabled Two neighbours’ daily routine of watering plants leads to an interesting conversation. Sindu: The hydroponic farm is open
Existing policy to cover hospital stay for vaccine after-effects – IRDAI: The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/irdai-existing-policy-to-cover-hospital-stay-for-vaccine-after-effects/articleshow/81582889.cmsSynopsis Amit Chhabra, health insurance head at Policybazaar.com, said this IRDAI notification clarifies that any hospitalisation on account of after-effects of vaccination, that require
Covid health, life insurance: Recovered from the coronavirus? You might find it difficult to get health, life insurance instantly–economic times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/recovered-from-the-coronavirus-you-might-find-it-difficult-to-get-health-life-insurance-instantly/articleshow/82210586.cmsSynopsis There are many comorbidities which are becoming critical in case of covid infections and insurers have also increased their testing to identify such
BoM aims to resolve 20-25 stressed MSME loans under pre-packaged resolution process – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/bom-aims-to-resolve-20-25-stressed-msme-loans-under-pre-packaged-resolution-process/articleshow/82226964.cmsSynopsis Earlier this month, the government had introduced a pre-packaged insolvency resolution process for stressed MSMEs by amending the insolvency law. MUMBAI: State-ownedBank of
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