https://www.business-standard.com/economy/news/cbdt-issues-detailed-guidelines-on-taxation-of-traditional-policies-123081600836_1.html The Central Board of Direct Taxes (CBDT) has released detailed guidelines concerning the alterations in the taxation of life insurance policies under clause (10D)
🙏🙏🙏🙏🙏Centre will ‘intensify’ efforts to control inflation: TV Somanathan
https://www.business-standard.com/economy/news/centre-will-intensify-efforts-to-control-inflation-tv-somanathan-123081600721_1.html The central government will take a medium-term view while intensifying efforts to reduce the inflationary burden, and will avoid any knee-jerk reaction to transitory
July inflation raises more than ‘transient’ questions
https://www.thehindubusinessline.com/opinion/editorial/july-inflation-raises-more-than-transient-questions/article67201943.ece There are several aspects of the latest retail inflation numbers for July that need to be dissected – besides the obvious fact that it
Reports show 62% jump in phishing attacks last year
https://www.thehindubusinessline.com/info-tech/reports-show-62-jump-in-phishing-attacks-last-year/article67201918.ece Phishing attacks have increased 62 per cent over the last year, according to the Securonix 2023 Threat Report. The number of vacation-related phishing attacks
🙏🙏🙏🙏🙏Incremental CRR: A painful pill for the economy?
The Reserve Bank of India (RBI) announced on August 10 that it will be imposing an incremental cash reserve ratio (ICRR) of 10 per cent
CBDT issues guidelines on ‘life insurance policy’ related taxation tweak of Finance Act 2023
https://www.thehindubusinessline.com/economy/cbdt-issues-guidelines-on-life-insurance-policy-related-taxation-tweak-of-finance-act-2023/article67202672.ece The Central Board of Direct Taxes (CDT) has issued guidelines on the recent Finance Act 2023 which introduced changes in taxation of life insurance
🙏🙏🙏🙏🙏Need to push e-Rupee
https://www.thehindubusinessline.com/opinion/need-to-push-e-rupee/article67202750.ece E-Rupee does not need a bank account to operate and can be used for offline transactions too | Photo Credit: Kachura Oleg Unified payments
🙏🙏🙏🙏🙏Can endorsers of health and wellness brands be made accountable?
https://www.thehindubusinessline.com/opinion/can-endorsers-of-health-and-wellness-brands-be-made-accountable/article67202781.ece The government has issued additional guidelines for people who claim to be health and wellness celebrities and influencers | Photo Credit: Volodymyr Kryshtal Celebrity
🙏🙏🙏🙏🙏Guidelines on generic medicines welcome
Read more at: https://www.deccanherald.com/opinion/editorial/guidelines-on-generic-medicines-welcome-2648867 https://www.deccanherald.com/opinion/editorial/guidelines-on-generic-medicines-welcome-2648867 The National Medical Commission (NMC) has done well to take steps to better enforce the use of generic medicines by issuing
Unlocking operational efficiency of MSMEs: The power of increased credit access
https://www.financialexpress.com/industry/sme/unlocking-operational-efficiency-of-msmes-the-power-of-increased-credit-access/3207689/ By Jayanth Murthy Credit access to MSMEs: In today’s rapidly evolving business landscape, micro, small, and medium-sized enterprises (MSMEs) face numerous challenges that hinder their
Tax Talk: Omitting additional income in ITR may get you tax notice
https://www.financialexpress.com/money/tax-talk-omitting-additional-income-in-itr-may-get-you-tax-notice/3211488/ By Neeraj Agarwala Recent reports of the income tax department issuing notices to salaried employees have sparked concerns in all individual taxpayers’ minds. These
Though things look rosy on the growth front, the RBI cannot take its eyes off the inflation scenario
https://www.thehindubusinessline.com/opinion/fight-against-inflation-is-not-over/article67198732.ece Policy rate cycles are typically asymmetric. While policy accommodations are rapid, policy tightening is generally slow and calibrated. This time, the policy responses to
‘No plans to reconsider rice export ban as food inflation spikes
With food inflation hitting a 39-month high in July 2023, the Centre is not in a position to reconsider the recent export ban on non-basmati rice
Retail inflation soars to 15-mnth high; exports contract for sixth month
https://www.business-standard.com/economy/news/double-trouble-retail-inflation-soars-to-15-month-high-exports-contract-123081400902_1.html Excerpts The Consumer Price Index (CPI)-based inflation rate jumped to 7.44 per cent year-on-year (Y-o-Y) in July from 4.87 per cent in the preceding
Modi blames lingering effect of Covid-19, Russia-Ukraine war for worldwide struggle with inflation
https://www.thehindubusinessline.com/economy/pm-promises-more-measures-to-check-inflation/article67197271.ece Excerpts “I have to take more steps in this direction to minimise the burden of inflation on my countrymen. And we will continue to
Contract reform seeks to settle disputes, make doing business easier
https://www.business-standard.com/economy/news/contract-reform-seeks-to-settle-disputes-make-doing-business-easier-123081500210_1.html The Supreme Court on Monday stayed a Reliance Infrastructure-owned company from recovering Rs 4,800 crore in arbitration award from state-run Delhi Metro Rail Corporation.
From HDFC Bank to Bharti Airtel: Top ten holdings of various mutual funds
https://www.business-standard.com/finance/personal-finance/from-hdfc-bank-to-bharti-airtel-top-ten-holdings-of-various-mutual-funds-123081500106_1.html 1x ICICI Bank, HDFC Bank, Infosys, SBI, Bharti Airtel, NTPC, Larsen and Toubro, Reliance Industries are among the hot favourites of the most popular
What to do about income tax notices on under-reporting/misreporting of income
Read more at: https://www.deccanherald.com/business/explained-what-to-do-about-income-tax-notices-on-under-reportingmisreporting-of-income-2648092 https://www.deccanherald.com/business/explained-what-to-do-about-income-tax-notices-on-under-reportingmisreporting-of-income-2648092 Credit: There is much celebration about the widening taxpayer base. Out of the 6.77 crore income tax returns (ITRs) filed for
Protectionist backsliding: Don’t forget that India’s licence raj started with good intentions but soon paved the road to economic hell
https://www.financialexpress.com/opinion/protectionist-backsliding-dont-forget-that-indias-licence-raj-started-with-good-intentions-but-soon-paved-the-road-to-economic-hell/3210617/ Just four years after India’s independence, Gulzarilal Nanda, then minister for planning, had declared in Parliament that “there should be absolutely no apprehension that
The end of zero interest rates: Now that the US has avoided a recession, rates will likely stay above zero for a while
https://www.financialexpress.com/opinion/the-end-of-zero-interest-rates-now-that-the-us-has-avoided-a-recession-rates-will-likely-stay-above-zero-for-a-while/3210607/ What a difference two years make. In 2021, when interest rates were near zero in the United States and the United Kingdom and slightly
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