RBI Guv on IndusInd and New Bank of India -[1] I wouldn’t call them total failures [2] They are episodes [3] We have to ensure through various means that these incidents happen lesser in frequency– News Courtesy Business Standard
RBI DG Mr Swaminathan J — We never waste a crisis. There will be learning and the supervisory tools will get better with each episode.
Balanced, for now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/balanced-for-now/article69427187.ece Tariff war unlikely to unsettle the external account External account seems unscathed for now | Photo Credit: suman bhaumik ‘Reciprocal tariffs’ announced by
*******Digital warfare and how you should arm yourself – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/how-should-you-deal-with-cyber-frauds/article69412227.ece In a world dominated by digital aids, staying vigilant is the price of security, especially when cybercrimes are on the rise at an
*******Bombay HC Quashes Reassessment Citing Change of Opinion, No Failure to Disclose
Clipped from: https://www.taxscan.in/bombay-hc-quashes-income-tax-reassessment-over-change-of-opinion-and-no-failure-to-disclose-facts/504935/ The High Court of Bombay, quashed an income tax reassessment proceedings initiated against the assessee for Assessment Year(AY) 2014–15, holding that the reopening was
*******No Tax on Redevelopment Flats u/s 56(2)(x) of Income Tax Act: ITAT
Clipped from: https://www.taxscan.in/no-tax-on-redevelopment-flats-u-s-x-of-income-tax-act-itat/504748/?utm_source=signinbutton&utm_medium=txn&utm_campaign=checkoutsigninbtn Receiving a new flat in place of an old one is a case of ‘extinguishment’ of property rights rather than an income-generating transaction
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