Clipped from: https://www.business-standard.com/opinion/editorial/transition-time-it-services-sector-to-see-new-winners-and-losers-125042000759_1.html American retailers – such as Best Buy, Walmart, and Target – have indicated that higher prices are affecting their sales Spending on GenAI
Motor insurance: Driving with expired licence can lead to claim rejection | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/motor-insurance-driving-with-expired-licence-can-lead-to-claim-rejection-125041800461_1.html While a 30-day grace period is available for licence renewal, the Motor Vehicles Act of 2019 clearly states that driving with an expired
*******Saying ‘please’, ‘thank you’ adds millions in OpenAI’s costs: Sam Altman | Tech News – Business Standard
https://www.business-standard.com/technology/tech-news/openai-sam-altman-chatgpt-please-thank-you-millions-cost-power-usage-125042000313_1.html lipped from: https://www.business-standard.com/technology/tech-news/openai-sam-altman-chatgpt-please-thank-you-millions-cost-power-usage-125042000313_1.html While seemingly trivial, polite phrases require ChatGPT to interpret and generate full responses, thus increasing the computational load OpenAI CEO Sam Altman
RBI’s draft gold loan norms: Compliance cost may rise for lenders | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-s-gold-loan-norms-may-raise-compliance-burden-for-banks-and-nbfcs-125042000305_1.html Banks, NBFCs need to adopt standardised documentation across all branches Experts said this would increase the operational cost of banks and NBFCs as
CD ratio cut won’t be as steep in FY26: HDFC Bank MD & CEO Jagdishan | Company News – Business Standard
https://www.business-standard.com/companies/news/hdfc-bank-cd-ratio-adjustment-in-fy26-will-not-be-as-steep-md-ceo-125042000447_1.html Clipped from: https://www.business-standard.com/companies/news/hdfc-bank-cd-ratio-adjustment-in-fy26-will-not-be-as-steep-md-ceo-125042000447_1.html CD ratio of HDFC Bank to return to pre-merger levels (85-90 per cent) in FY27 Sashidhar Jagdishan, MD And CEO Of HDFC
*******Quantifying Escaped Income Mandatory at Reason-Recording Stage: ITAT Delhi
Clipped from: https://taxguru.in/income-tax/quantifying-escaped-income-mandatory-reason-recording-stage-itat-delhi.html Vijender Nath Gupta Vs ITO (ITAT Delhi) AO reopened the assessment based on information received from the Investigation Wing, which alleged unexplained high-volume
*******STCG vs LTCG: Tax Rates & Treatment under New regime for FY 2024-25
Clipped from: https://taxguru.in/income-tax/stcg-vs-ltcg-tax-rates-treatment-new-regime-fy-2024-25.html Under the new tax regime for FY24-25, short-term capital gains (STCG) and long-term capital gains (LTCG) on listed equity shares, equity oriented mutual
Open AI CEO Altman’s response — cost of saying “please ” ” thank you ” is ” tens of millions ” — Courtesy Business Standard
OpenAI CEO Sam Altman has revealed that user politeness, such as saying “please” and “thank you” to ChatGPT, contributes to millions of dollars in operational
RBI Draft guidelines– Gold Loans — what it will mean to NBFC — Courtesy Business Standard
“Currently, the cost of collection, documentation, and calculation as far as gold loans are concerned is around 2 per cent. If the guidelines are implemented
*******Income Tax Returns AY2025-26: Key Documents Required to File ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-returns-ay2025-26-key-documents-required-to-file-itr-3813320/ It is not necessary to attach any documents while filing your returns. However the details given in various documents will have to be
*******Filing ITR soon? Can you still pick a different tax regime? – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/filing-itr-soon-can-you-still-pick-a-different-tax-regime-3813616/ Section 115BAC of the Income Tax Act lays down the tax slabs and rules applicable under the new tax regime. As Form 16
*******ITR Filing FY 2024-25: Old vs New Tax Regime – Which one saves you more? – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-filing-fy-2024-25-old-vs-new-tax-regime-which-one-saves-you-more-3815050/ Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they