Clipped from: https://www.financialexpress.com/opinion/the-rupee-at-80-on-the-cad-front-the-good-news-is-rbis-plan-to-permit-invoicing-in-rupees/2599360/ Another point on the reserves is that they comprise FCA plus about $40 billion of gold, about $18 billion of SDR and $5
Tax Talk: Know when income tax return form ITR-1 is not for you | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-know-when-income-tax-return-form-itr-1-is-not-for-you/2599307/ If an assessee uses the wrong ITR form, the return file will be considered a defective return and may trigger an I-T notice.
Assuring health for 1.4 billion Indians: Robust public health system is the need of the hour | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/assuring-health-for-1-4-billion-indians-robust-public-health-system-is-the-need-of-the-hour/2599361/ Covering the needs of the world’s largest population calls for a robust public health system. Ayushman Bharat has elements of the health system
The rupee challenge: RBI need not defend rupee and should hike rates only to the extent needed to tame inflation | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-rupee-challenge-rbi-need-not-defend-rupee-and-should-hike-rates-only-to-the-extent-needed-to-tame-inflation/2599335/ RBI believes the rupee is fairly valued and would not be uncomfortable with the rupee depreciating to levels just beyond the 80 mark,
Weak rupee to raise borrowing costs for companies, say economists | The Financial Express
Clipped from: https://www.financialexpress.com/industry/weak-rupee-to-raise-borrowing-costs-for-companies-say-economists/2599522/ The RBI has stated that while it’s not targeting any particular level to rein in the rupee, it will ensure there is no
*How an email set off alarm bells at Sebi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/how-an-email-set-off-alarm-bells-at-sebi/articleshow/92966571.cms SynopsisOn Saturday, Sebi issued a press release saying it had recently noted a “cyber security incident” in its email system, which was undergoing
Nirmala Sitharaman: FM Nirmala Sitharaman clarifies on GST rates on certain items, says decision taken to curb tax leakage – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/fm-nirmala-sitharaman-clarifies-on-gst-rates-on-certain-items-says-decision-taken-to-curb-tax-leakage/articleshow/92979224.cms Synopsis Finance Minister Nirmala Sitharaman on Tuesday took to Twitter to clarify the decisions taken by the GST Council in its 47th meeting.
Rupee News: Rupee @ 80: How worried should you be? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rupee-80-how-worried-should-you-be/articleshow/92971077.cms Synopsis The Rupee breaching the psychological mark of 80 on Tuesday for the first time ever has set off alarms if this slump
income tax notice: You may end up getting income tax notice if this document is filled with error – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/you-may-end-up-getting-income-tax-notice-if-this-document-is-filled-with-error/articleshow/92702351.cms Synopsis In November 2021, the income tax department has launched the AIS. It may happen that you have forgotten to check it before
Defaulting firm’s debt includes both principal and interest: NCLAT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/defaulting-firm-s-debt-includes-both-principal-and-interest-nclat-122071900953_1.html Case related to a company that challenged insolvency proceeding against it for delaying payments to borrower The tribunal said the interest on delayed
No need to be ‘overtly’ worried about fall in rupee: DEA Secretary | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/no-need-to-be-overtly-worried-about-fall-in-rupee-dea-secretary-122071901242_1.html The Indian currency, he said, has appreciated against several global currencies like British Pound, Japanese Yen and Euro. Economic Affairs Secretary Ajay Seth
Caution over rupee | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/caution-over-rupee-122071901520_1.html RBI must keep an eye on its reserves as dollar strengthens In the course of the day’s trading, the rupee hit a new
The weaker side of generosity | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-weaker-side-of-generosity-122071901515_1.html High dividend payouts reflect low growth expectations An analysis of India’s largest corporations — those comprising the BSE500 index — shows dividend payouts, which are profits repatriated
Ending of rate hikes in US to stem sharp rupee depreciation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/dollar-likely-to-stay-strong-in-near-term-rupee-to-test-81-in-q2fy23-122071900531_1.html With front-loaded rate hikes by the US Fed, the US dollar will remain relatively strong in the immediate term With the US dollar gaining strength
Moody’s warns of India’s vulnerability to volatile food, energy prices | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/moody-s-warns-of-india-s-vulnerability-to-volatile-food-energy-prices-122071900421_1.html Says major challenge for countries will be growing demands on fiscal resources to limit impact of price rise The report said harvests this
Rupee fall likely to hit govt finances with ballooning subsidy bill | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/eroding-rupee-may-impair-centre-s-finances-via-higher-subsidy-bill-122071901233_1.html The finance ministry has hinted that India’s fertiliser subsidy bill for 2022-23 (FY23) could rise to around Rs 2.5 trillion against Budget Estimates
Rupee at 80: Little relief on the cards from high trade deficit | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/limited-relief-from-record-trade-deficit-expected-as-rupee-hits-80-122071901432_1.html Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against
Rupee at 80: Signs of lower FY23 GDP and corporate sector growth | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rupee-erosion-to-herald-lower-gdp-corporate-sector-growth-in-fy23-122071901459_1.html The correlation coefficient between the year-on-year (YoY) change in corporate sector revenue and the rupee exchange rate is minus 0.63 since 2003-04 (FY04)
*1,000 passenger complaints received against Air India in 3 months: Govt | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/1-000-passenger-complaints-received-against-air-india-in-3-months-govt-122071900839_1.html DGCA on June 14 said it imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid
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