Clipped from: https://www.financialexpress.com/opinion/can-capital-expenditure-boost-the-economy/2240013/ With the current impetus rightly given to capital expenditure, emphasis must also be provided on timely implementation of projects within the earmarked outlay
Banks gauging Covid risk via stress tests – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/banks-gauging-covid-risk-via-stress-tests/articleshow/82247416.cms Synopsis–Recent curfews have prompted lenders to conduct stress tests yet again on their portfolios after collection ratios fell up to 10 per cent
India Inc may have to keep date with filings as Sebi cites partial lockdown | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/india-inc-may-have-to-keep-date-with-filings-as-sebi-cites-partial-lockdown-121042600038_1.html Auditors struggle with Covid, but no extension likely for FY21 earnings reports At present, listed companies are required to file their fourth quarter
End arbitrary account-freeze by banks | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/end-arbitrary-account-freeze-by-banks-121042600015_1.html A longer-term solution is to allow customers to easily vote with their feet Sometime last year, Arun Jain’s (name changed) tax-refund cheque was
Payments banks’ search for right business model | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/payments-banks-search-for-right-business-model-121042500756_1.html Sandwiched between commercial banks and pure-play payments service providers, payments banks do not enjoy a level playing field More than four years after
Barrier-free Trade: Solar imports from China seen surging in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/economy/solar-imports-from-china-seen-surging-in-fy22/2239995/ The pace of solar capacity addition slowed 45% annually to 4.8 GW in April-January FY21. Import of solar cells and modules had dropped
Unfair charge | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/unfair-charge-121042600012_1.html India is not using currency to gain unfair advantage The US treasury department’s latest assessment of currency practices and macroeconomic policies has kept India on
Recovery blues – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/recovery-blues/article34407811.ece Covid’s second wave will have an economic, fiscal and welfare impact The economic fallout of India’s second Covid surge cannot be underestimated. This
World’s fastest recovery outlook at risk as virus sweeps India – The Hindu BusinessLine
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
