Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-deputy-governor-red-flags-diversion-of-funds-by-some-msmes/article68910927.ece It is important for them to use bank funds for the purpose they were borrowed for, RBI Deputy Governor Swaminathan J said RBI
👌👌👌Consumer protection: Retailer held liable for selling defective earpiece
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-retailer-held-liable-for-selling-defective-earpiece-124112400631_1.html “We undertake to repair/replace all material and manufacturing defects within the warranty period.” The National Commission concluded this made it equally responsible for
👌👌👌CBIC should review its MOOWR instructions to ease operations for units
Clipped from: https://www.business-standard.com/opinion/columns/cbic-should-review-its-moowr-instructions-to-ease-operations-for-units-124112400747_1.html Irritants persist for MOOWR units, although over five years have passed since the introduction of MOOWR 2019 regulations Representative Picture In October 2019,
👌👌👌👌👌Trump’s promises on growth, inflation might derail due to $36 trn debt | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/trump-s-promises-on-growth-inflation-might-derail-due-to-36-trn-debt-124112400473_1.html It’s clear the current amount of debt is putting upward pressure on interest rates, including mortgage rates for instance,” said an expert Donald
FPI selling spree continues in Nov at Rs 26,533 cr, pace of outflow slows | News on Markets – Business Standard
Clipped from: https://www.business-standard.com/markets/news/fpi-selling-spree-continues-in-nov-at-rs-26-533-cr-pace-of-outflow-slows-124112400134_1.html According to the data, FPIs recorded a net outflow of Rs 26,533 crore so far this month (till November 22). This came following
India’s 26 major realty firms sell Rs 35,000 cr worth properties in Q2 | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/india-s-26-major-realty-firms-sell-rs-35-000-cr-worth-properties-in-q2-124112400353_1.html India’s 26 major listed real estate firms have sold properties worth nearly Rs 35,000 crore during the September quarter with Godrej Properties reporting
Crypto or not: Industry to focus on user protection, licensing regime | Start Ups – Business Standard
Clipped from: https://www.business-standard.com/companies/start-ups/crypto-licensing-user-protection-on-agenda-says-coinswitch-co-founder-124112400517_1.html A consultation paper on the crypto sector is expected to suggest clarity on regulations after WazirX breach, says CoinSwitch co-founder Listen to This
👌👌👌👌👌Aligning with global audit norms key to Viksit Bharat vision: NFRA Chairman | Interviews – Business Standard
Clipped from: https://www.business-standard.com/economy/interviews/aligning-with-global-audit-norms-key-to-viksit-bharat-vision-nfra-chairman-124112400750_1.html Ajay Bhushan Pandey says the latest reforms proposed to India’s audit standards are historic and long overdue Ajay Bhushan Pandey, Chairman, NFRA Ajay
Private sector banks evincing keen interest in selling loans exhibiting signs of incipient stress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/private-sector-banks-evincing-keen-interest-in-selling-loans-exhibiting-signs-of-incipient-stress/article68905599.ece This move will correct skewed credit-deposit (C-D) ratio and present a better picture on bad loans to investors Private sector banks (PvSBs) are evincing
👌👌👌👌👌CCI’s WhatsApp ruling: A landmark for data privacy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/ccis-whatsapp-ruling-a-landmark-for-data-privacy/article68906359.ece The CCI has rightly fused data sharing and competition concerns. A turf war with the data regulator is a possibility The Competition Commission
Speed bump ahead for NBFCs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/current-account/speed-bump-ahead-for-nbfcs/article68906387.ece Non-banks face funding challenges as RBI insists on risk management Umesh Revankar, Executive Vice Chairman, Shriram Finance Limited A combination of factors, including
👌👌👌👌👌RBI, Finance Ministry and the New Trilemma – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-finance-ministry-and-the-new-trilemma/article68906437.ece The government wants investment and growth, the RBI focusses on inflation control and both want financial stability. It’s an impossible problem to solve
Other side of financialisation: Unsecured loans flowing into stock market? | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/other-side-of-financialisation-unsecured-loans-flowing-into-stock-market-124112400388_1.html There’s been a dramatic rise in loans against gold in the past one year, but growth in unsecured loans is slowing. Bank loans
IBBI suspends IP for failing to act in homebuyers’ interest during CIRP
Clipped from: https://taxguru.in/corporate-law/ibbi-suspends-ip-failing-act-homebuyers-interest-cirp.html The Insolvency and Bankruptcy Board of India (IBBI) Disciplinary Committee issued Order No. IBBI/DC/252/2024 on November 22, 2024, addressing Show Cause Notice (SCN)
👌👌👌👌👌👌👌ITAT Remands to CIT(A) for Assessee to Justify Rs. 51.20 Lacs Credit
lipped from: https://www.taxscan.in/itat-remands-case-to-cita-for-reassessment-allowing-assessee-another-opportunity-to-substantiate-rs-51-20-lacs-cash-credit/456231/ ITAT Remands Case to CIT(A) for Reassessment, Allowing Assessee Another Opportunity to Substantiate Rs. 51.20 Lacs Cash Credit [Read Order] The ITAT’s decision
👌👌👌👌👌👌👌Cost Inflation Index (CII): Meaning, Table, Calculation – IndiaFilings
Clipped from: https://www.indiafilings.com/learn/cost-inflation-index/ Last updated: September 16th, 2024 12:48 PM “The Cost Inflation Index (CII) in India for the financial year 2024-25 is 363.”The Cost Inflation
👌👌👌👌👌CEA urges large companies to make timely payments to SMEs for economic growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cea-urges-large-companies-to-make-timely-payments-to-smes-for-economic-growth/article68902252.ece CEA stressed that such payments are essential for India’s SME sector to grow and make a more significant contribution to GDP and to
👌👌👌Interest Received on Delayed Gratuity Taxable as Other Income – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-interest-received-on-delayed-gratuity-taxable-as-other-income/article68844872.ece As per the Income Tax Act, 1961, the gratuity amount is exempt from income tax, while interest received on delayed payment of gratuity
👌👌👌What Taxpayers Need to Know About Foreign Income Schedules of ITR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/what-taxpayers-need-to-know-about-foreign-income-schedules-of-itr/article68898609.ece There is time till December 31 to rectify lapse in furnishing details of foreign income/assets Having your feet up after filing tax returns
👌👌👌In name of open economy, we gave unfair advantages to others: Jaishankar | External Affairs Defence Security News – Business Standard
Clipped from: https://www.business-standard.com/external-affairs-defence-security/news/in-name-of-open-economy-we-gave-unfair-advantages-to-others-jaishankar-124112301100_1.html Jaishankar said in the name of globalisation, we actually hollowed out the manufacturing. SMEs have been hurting for the last 30 years because
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