Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/financial-contagion-not-a-risk-recession-in-exports-markets-is-a-concern-nirmala-sitharaman/articleshow/99894351.cms Synopsis We have grown beyond what gender budgeting of 2000, 2001-02 had to say. We are now looking at women-led policies,” Sitharaman said.
👍JPMorgan to acquire First Republic Bank after seizure by regulator
Clipped from: https://www.business-standard.com/world-news/jpmorgan-to-acquire-first-republic-bank-after-seizure-by-regulator-123050100439_1.html First Republic Bank is the third major US bank to fail in two months after Silicon Valley Bank and Signature Bank Photo: Reuters
👍FinMin wants PSBs to enhance recovery rate from written-off accounts to 40%
Clipped from: https://www.business-standard.com/india-news/finmin-wants-psbs-to-enhance-recovery-rate-from-written-off-accounts-to-40-123050100574_1.html Worried over the low recovery rate from written-off accounts, the Finance Ministry has asked state-owned lenders to increase it to about 40 per
👍A week in a PSU banker’s life
Clipped from: https://www.business-standard.com/opinion/columns/a-week-in-a-psu-banker-s-life-123043000432_1.html Pages from the diary of a banker that offer glimpses of his work and life Last week’s Banker’s Trust column on the work
👍👍👍👍👍India’s welfare balm
lipped from: https://www.business-standard.com/opinion/columns/india-s-welfare-balm-123043000890_1.html While many analysts have estimated India’s potential annual GDP growth at 7-8 per cent, the most recent figures indicate a subdued rate of
👍👍👍👍👍Complete Case Digest on Tamil Nadu Authority for Advance Ruling (AAR) and Appellate Authority for Advance Ruling (AAAR) -Part 1
Complete Case Digest on Tamil Nadu Authority for Advance Ruling (AAR) and Appellate Authority for Advance Ruling (AAAR) -Part 1 https://www.taxscan.in/complete-case-digest-on-tamil-nadu-authority-for-advance-ruling-aar-and-appellate-authority-for-advance-ruling-aaar-part-1/272162/An advance ruling helps the
👍Failure to Establish Sufficient Cause for not Filling Appeals
Clipped from: https://www.taxscan.in/failure-to-establish-sufficient-cause-for-not-filling-appeals-within-the-prescribed-period-of-limitation-itat-upholds-dismissal-of-appeals/273072/ Failure to Establish Sufficient Cause for not Filling Appeals within the Prescribed Period of Limitation: ITAT upholds Dismissal of Appeals [Read Order] The
👍AO shall Conduct Independent Investigation without relying on Third Party Statements and Facts: ITAT upholds Deletion of Additions u/s 68
Clipped from: https://www.taxscan.in/ao-shall-conduct-independent-investigation-without-relying-on-third-party-statements-and-facts-itat-upholds-deletion-of-additions-u-s-68/273139/ AO shall Conduct Independent Investigation without relying on Third Party Statements and Facts: ITAT upholds Deletion of Additions u/s 68 [Read Order] The
US regulators racing to find a rescuer to buy First Republic Bank
Clipped from: https://www.business-standard.com/world-news/us-regulators-racing-to-find-a-rescuer-to-buy-first-republic-bank-123043000722_1.html US regulators are racing to find a rescuer to buy First Republic Bank in a deal that could be announced as soon as
👍The pressure bank chairmen faced from politicians – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/books/the-pressure-bank-chairmen-faced-from-politicians/article66796303.ece Among the foremost bankers of yesteryears, Narayanan Vaghul, in his memoirs writes how bureaucrats and politicians browbeat bankers Excerpted from the book Reflections by Narayanan
New GST rule from Monday: 7 days’ limit to report old invoices on the e-invoice IRP portals – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/new-gst-rule-from-monday-7-days-limit-to-report-old-invoices-on-the-e-invoice-irp-portals/article66795947.ece?cx_testId=22&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX8OXMB4HBZD#cxrecs_s Experts say the new GST rule will help in moving almost real-time tracking of economic activities From Monday, come May 01, big GST
👍👍👍Indian economy to grow at around 6.5 pc in FY24, says NITI Aayog member Arvind Virmani – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/indian-economy-to-grow-at-around-6-5-pc-in-fy24-says-niti-aayog-member-arvind-virmani/articleshow/99882934.cms Synopsis The International Monetary Fund (IMF) also lowered India’s economic growth projection for the current fiscal to 5.9 per cent from 6.1 per
👍👍👍👍👍👍👍Complete Case Digest of Maharashtra AAR (Part 3)
Clipped from: https://www.taxscan.in/complete-case-digest-of-maharashtra-aar-part-3/272174/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Complete%20Case%20Digest%20of%20Maharashtra%20AAR%20(Part%203) The Maharashtra GST AAR refers to the Advance Ruling Authority (AAR) for the state of Maharashtra under India’s Goods and Services Tax (GST)
👍How online pharmacies are transforming access to critical illness medicines – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-online-pharmacies-are-transforming-access-to-critical-illness-medicines/articleshow/99864707.cms Synopsis Online pharmacies can be a viable solution to address the problem of limited access to super specialty medicines in remote areas. The
👍Kotak Mahindra Bank PAT up 26% | The Financial Express
lipped from: https://www.financialexpress.com/industry/banking-finance/kotak-mahindra-bank-pat-up-26/3068856/ Kotak Mahindra Bank’s net profit rose 26% year-on-year (y-o-y) in the March quarter due to a strong growth in its loan book. The
👍small sized business: 9 in 10 SMB marketers in India are investing in AI and Automation to stay resilient: Report – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/9-in-10-smb-marketers-in-india-are-investing-in-ai-and-automation-to-stay-resilient-report/articleshow/99804244.cms Synopsis 93% of SMBs have also agreed that ChatGPT can help their business with marketing, according to the LinkedIn report. MUMBAI: New research
👍👍👍👍👍Extended period of limitation not invocable as non-payment of tax was due to bonafide belief
Clipped from: https://taxguru.in/service-tax/extended-period-limitation-invocable-non-payment-tax-due-bonafide-belief.html Namakkal Agricultural Producers Co-Operative Marketing Society Vs Commissioner of Central Excise (CESTAT Chennai) CESTAT Chennai held that non-payment of service tax under GTA
👍Sitharaman asks CBIC to introduce automated GST scrutiny system by next week | The Financial Express
Clipped from: https://www.financialexpress.com/economy/sitharaman-asks-cbic-to-introduce-automated-gst-scrutiny-system-by-next-week/3068764/ The total Indirect Tax collections for the 2022-23 fiscal stood at Rs 13.82 lakh crore, up from Rs 12.89 lakh crore in 2021-22.
👍👍👍👍👍Why are ARCs far from realising their full potential? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/in-my-view-why-are-arcs-far-from-realising-their-full-potential/article66763669.ece Realigning business models quickly in sync with regulatory asks and evolving opportunities imperative to rekindle growth Asset reconstruction companies (ARCs) are a classic
Federal Reserve seen boosting rates even as economic risks build in US
Clipped from: https://www.business-standard.com/world-news/federal-reserve-seen-boosting-rates-even-as-economic-risks-build-in-us-123043000182_1.html The Federal Open Market Committee is expected to boost the benchmark lending rate target by another quarter percentage point on Wednesday Photo: Bloomberg
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