Clipped from: https://www.business-standard.com/article/opinion/structural-shift-121050401323_1.html Higher GST collection reflects better compliance Goods and services tax (GST) collection for April indicates a structural shift. Collection touched an all-time high of
Bad debt! Banks, NBFCs sell LAP loans to asset reconstruction companies–business today
Clipped from: https://www.businesstoday.in/sectors/banks/bad-debt-banks-nbfcs-sell-lap-loans-to-asset-reconstruction-companies/story/438240.html The estimated LAP portfolio of banks and NBFCs is over Rs 6 lakh crore. Bankers suggest the gross NPAs in the LAP portfolio
Covid-19 recovered patients not eligible for insurance–business today
Clipped from: https://www.businesstoday.in/money/insurance/attention-covid-19-recovered-patients-not-eligible-for-insurance/story/438262.html The uncertainty around Covid-19 and developing strains and the rising claims are making insurers jittery about on-boarding Covid-19 patients. Although Covid-19 does not
India notifies digital tax threshold of Rs 2 crore and 300,000 users | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-notifies-digital-tax-threshold-of-rs-2-croreand-300-000-users-121050400156_1.html This is part of the Significant Economic Presence (SEP) principle, which was introduced in the Finance Bill 2018-19 In order to tax Facebook,
Student loans: Going for an education loan? Key factors to know – The Financial Express
Clipped from: https://www.financialexpress.com/money/student-loans-going-for-an-education-loan-key-factors-to-know/2245813/ You should apply for a loan as per your current needs, future earning probability and collateral security availability The upper limit of an
Arbitrage and profits in stock trading – The Financial Express
lipped from: https://www.financialexpress.com/money/your-money-arbitrage-and-profits-in-stock-trading/2245818/ The logic is based on the argument that either way the dealer ought to make a profit. Now the dealer’s borrowing rate is
For solar atmanirbharta, rethink duties – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/for-solar-atmanirbharta-rethink-duties/2245864/ A CEEW-CEF analysis shows India can achieve greater self-reliance in solar manufacturing through time-bound application of BCD at much lower rates—around half of
Fractional ownership fast catching attention of NRIs, HNIs and UHNIs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/fractional-ownership-fast-catching-attention-of-nris-hnis-and-uhnis/2245807/ As Covid-19 posed unprecedented economic challenges for real estate, investors were forced to explore emerging and alternate investment classes like fractional ownership, which
Data of 80% of adult Indian users compromised in last 4 years: Canalys – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/data-of-80-of-adult-indian-users-compromised-in-last-4-years-canalys/2245892/ “In last four years, at least 80% of the adult population in Bulgaria, Chile, Ecuador, India, Panama, Philippines, Qatar and Turkey have been
Income Tax: Gains from share trading taxed under business profit, file ITR 3/4 – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-gains-from-share-trading-taxed-under-business-profit-file-itr-3-4/2245835/ Separate disclosure of each source of income shall have to be made in the ITR Form, whether or not you choose to be
PLI scheme guidelines for food processing don’t have measures to benefit MSMEs, says industry body AIFPA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/pli-scheme-guidelines-for-food-processing-dont-have-measures-to-benefit-msmes-says-industry-body-aifpa/2245750/ Ease of Doing Business for MSMEs: The Ministry of Food Processing Industries on Monday had issued the PLI guidelines for the food processing
Why the RBI should buy NBFC bonds–the economic times
lipped from: https://economictimes.indiatimes.com/blogs/et-editorials/why-the-rbi-should-buy-nbfc-bonds/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Uday Kotak has stated that the Reserve Bank
Wistron: Foxconn, Wistron, Dell, 16 other cos apply for investments under PLI scheme for IT hardware – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/foxconn-wistron-dell-16-other-cos-apply-for-investments-under-pli-scheme-for-it-hardware/articleshow/82386724.cmsSynopsis Out of the total production, IT hardware companies have proposed production worth over Rs 1.35 lakh crore, and domestic companies have proposed production
WB law on real estate repugnant to Centre’s RERA for having overlapping provisions: SC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/wb-law-on-real-estate-repugnant-to-centres-rera-for-having-overlapping-provisions-sc/articleshow/82392238.cmsSynopsis The constitutional principle of “repugnancy”, which primarily deals with the issue as to whether a parliamentary law or a state law would prevail
Labour Ministry notifies draft rules for recognition of negotiating council under Industrial Relations Code – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/labour-ministry-notifies-draft-rules-for-recognition-of-negotiating-council-under-industrial-relations-code/articleshow/82392628.cmsSynopsis The move, which is a major shift from the existing provision wherein multiple trade unions were allowed to negotiate with some often having
Electronics, handset cos slash production – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/electronics-handset-cos-slash-production/articleshow/82396211.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Some component and device makers such as TMB Battery, Khy Electronics, Salcomp, Jabil, Sunwoda Electronics, JSP electronics, Hong Guang De Technology, Rashmi Rare
Banks, NBFCs ask RBI to relax bad loan rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-nbfcs-ask-rbi-to-relax-bad-loan-rules/articleshow/82396212.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Want central bank to classify second Covid wave as national natural calamity A second Covid wave many times worse the first has prompted
Indian exports: Several key sectors stare at export impact as pandemic rages – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/several-key-sectors-stare-at-export-impact/articleshow/82396215.cms Synopsis–“People are scared to buy from India and uncertain if we can deliver the orders,” said Sharad Kumar Saraf, president of the Federation
US to suspend biometric requirements for processing H4-EAD visas – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/us-to-suspend-biometric-requirements-for-processing-h4-ead-visas/articleshow/82391778.cmsSynopsis This is expected to help speed up processing times for visa extensions and employment authorisation for spouses of H-1B and L1 visa holders
health insurance policy: These health insurance policies cover home treatment costs also: Is your policy one of these? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/these-health-insurance-policies-cover-home-treatment-costs-also-is-your-policy-one-of-these/articleshow/82381908.cmsSynopsis The domiciliary hospitalisation feature is especially useful now as many Covid-19 patients are being turned away by hospitals due to shortage of resources
