Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-will-focus-on-cash-flow-based-lending-in-future-uco-banks-ajay-vyas/articleshow/79938845.cmsSynopsis Various SBI officials have advocated for cash flow-based lending models over the traditional asset-based or ratings-based ones. In cash flow lending, a financial
GST on lottery: SC’s recent judgement is a setback for the industry, but has a ray of hope – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-on-lottery-scs-recent-judgement-is-a-setback-for-the-industry-but-has-a-ray-of-hope/articleshow/79935007.cmsSynopsis After much hue and cry from the lottery industry recently, a single rate of 28% has been introduced by the exchequer on all
income tax returns: 3.97 crore ITRs filed for 2019-20 fiscal till December 24 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/3-97-crore-itrs-filed-for-2019-20-fiscal-till-december-24/articleshow/79954067.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Over 3.97 crore Income Tax Returns have already been filed till 24th of December, 2020. Have you filed yours as yet? If not,
Loan restructuring, other measures announced by govt to cushion PSBs from shock: DFS Secy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-restructuring-other-measures-announced-by-govt-to-cushion-psbs-from-shock-dfs-secy/articleshow/79956391.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Despite the pandemic, the lockdown and the consequent damage done to the economy, there are quick signs of recovery, Financial Services Secretary Debasish
HC allows SFIO to interrogate Singh brothers for two weeks starting Jan 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/hc-allows-sfio-to-interrogate-singh-brothers-for-two-weeks-starting-jan-1/articleshow/79958437.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The SFIO had moved the high court against a September 22 order of the trial court denying it permission to examine the four
EU nations start assessing post-Brexit trade deal with UK – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/eu-nations-start-assessing-post-brexit-trade-deal-with-uk/articleshow/79955560.cmsSynopsis Without a trade deal, it would have acerbated chaos at the border where checks on goods will have to be increased since Britain
NCLT directs IBBI, lenders to investigate into the affairs of Lotus Auto Engineering – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/nclt-directs-ibbi-lenders-to-investigate-into-the-affairs-of-lotus-auto-engineering/articleshow/79956117.cms SynopsisThe development is likely to set a precedent as an order to investigate into the conduct of the Resolution Professional (RP) and the
Forex reserves up by USD 2.56 bn to record USD 581.131 bn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/forex-reserves-up-by-usd-2-56-bn-to-record-usd-581-131-bn/articleshow/79956444.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and
CAIT urges FM to defer rollout of Rule 86B in GST – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cait-urges-fm-to-defer-rollout-of-rule-86b-in-gst/articleshow/79954779.cmsSynopsis The Central Board of Indirect Taxes and Customs has introduced Rule 86B in Goods and Services Tax (GST) which restricts use of input
Five takeaways from the Post-Brexit trade deal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/world-news/five-takeaways-from-the-post-brexit-trade-deal/articleshow/79955497.cmsSynopsis British lawmakers had haggled for years over the divorce, known as Brexit. Britain formally left the European Union on January 31, closing the
Jobs: New demand-driven scheme in the works to create more entrepreneurs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/jobs/new-demand-driven-scheme-in-the-works-to-create-more-entrepreneurs/articleshow/79958336.cms SynopsisThe plan is to impart entrepreneurship development training to aspiring and existing entrepreneurs for setting up and scaling up their enterprises through 610
Why China turned against Jack Ma – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/why-china-turned-against-jack-ma/articleshow/79951133.cmsSynopsis The loss of stature has come as Ma is facing increasing trouble with the Chinese government. Chinese officials Thursday said they had opened
Tata Steel Share Price: Is Tata Steel staring at headwinds ahead? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rising-iron-ore-prices-unlikely-to-spoil-the-party-for-tata-steel/articleshow/79946727.cms Synopsis–Crude steel production in November grew 6.6 per cent year-on-year driven by an 8 per cent growth in China and 5.5 per cent
Waves of change – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/even-as-container-rates-are-at-artificial-highs-shipping-industry-dynamics-are-set-to-change/article33412455.ece Even as container rates are at artificial highs, shipping industry dynamics are set to change Indian exporters have been hit by a rise
I-T Department cracks down on evaders ignoring calls, messages – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/i-t-department-cracks-down-on-evaders-ignoring-calls-messages/article33412888.ece?homepage=true Over 6,000 assessees, whose ITRs did not match bank transactions, identified Think twice before you decide to ignore a call or message from
Banking on Budget: Some key indirect tax measures govt should focus on | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/banking-on-budget-some-key-indirect-tax-measures-govt-should-focus-on-120122300437_1.html Having multiple GST rates not only leads to complexities in compliance and tax structure, but also does not optically make India tax-friendly and
Trends that will endure | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/trends-that-will-endure-120122401433_1.html Shailesh Dobhal gives his list of three trends that will endure, strengthen, and affect all businesses, no matter what their wares Nothing had
Farm solutions | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/farm-solutions-120122401412_1.html States will be forced to pay attention to farmer needs Farmers have been protesting on the outskirts of Delhi for nearly a month now,
Karnataka government drops decision to impose night curfew | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/karnataka-withdraws-night-curfew-order-120122400981_1.html Public opinion is that there was no need for night curfew, said CM Yediyurappa The Karnataka government on Thursday withdrew its night curfew order, hours
Companies Amendment Bill, 2020: Decriminalising Companies Act – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/companies-amendment-bill-2020-decriminalising-companies-act/2156329/ There are also enabling amendment to exclude from the definition of listed companies, certain categories of private companies which may have their debt
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