Clipped from: https://www.business-standard.com/article/pf/about-rs-400-cr-tax-deposited-by-filing-500-000-updated-itrs-so-far-122112400376_1.html The official said compliance has improved substantially and even corporates are filing updated income tax returns The recently introduced provision of allowing taxpayers
Medical insurance: Health segment shines again as non-life industry grows in double digits | Business Standard News*
Clipped from: https://www.business-standard.com/article/finance/health-segment-shines-again-as-non-life-industry-grows-in-double-digits-122121400950_1.html Group health plans drive the 29% growth in health premiums during the first eight months of FY23 Health premiums have picked up again
New buyback rules for the better | The Financial Express
Clipped from: https://www.financialexpress.com/market/explainer-new-buyback-rules-for-the-better/2913653/ The Sebi-appointed sub-group recommends the timeline be first reduced to 66 days from April 2023, and to 22 days from April 2024. All
MSMEs’ Big Capex Push Accounts for 50% of New Loans – The Economic Times*****
lipped from: https://economictimes.indiatimes.com/epaper/delhicapital/2022/dec/15/et-mkts/msmes-big-capex-push-accounts-for-50-of-new-loans/articleshow/96235228.cms Synopsis Indian lenders are witnessing a revival of capital expenditure in the MSME segment, with up to 50% of fresh advances to this
NRIs without PAN can manually file Form 10F till March 31, 2023, to avoid TDS on payments received – The Economic Times***
Clipped from: https://economictimes.indiatimes.com/wealth/tax/nris-without-pan-can-manually-file-form-10f-till-march-31-2023-to-avoid-tds-on-payments-received/articleshow/96218833.cms Synopsis The Central Board of Direct Taxes (CBDT) has issued a notification on December 12, 2022 offering one-time relied to the non-resident taxpayers
Fed downshifts to half-point hike, sees 5.1% rate next year – The Economic Times***
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/fed-downshifts-to-half-point-hike-sees-5-1-rate-next-year/articleshow/96234324.cms Synopsis The Federal Open Market Committee raised its benchmark rate by 50 basis points to a 4.25% to 4.5% target range. Policymakers projected
Can sexual offence victim be made party in accused’s bail appeal, asks HC | Business Standard News***
Clipped from: https://www.business-standard.com/article/current-affairs/can-sexual-offence-victim-be-made-party-in-accused-s-bail-appeal-asks-hc-122121400873_1.html Delhi HC has asked its registry to inform it about any existing court ruling or practice directions requiring impleadment of a victim or
How strong is your passport? – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/how-strong-is-your-passport/article66262733.ece Indians do not need a visa to travel to 69 countries A hassle-free travel to a foreign destination could be one to check
Decision to keep next-gen of promoters out of Infosys was wrong: Narayana Murthy – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/info-tech/decision-to-keep-next-gen-of-promoters-out-of-infosys-was-wrong-narayana-murthy/article66263227.ece ‘But has to work through the proper process of maturing in the organisation’ Bengaluru, December 14 NR Narayana Murthy, Founder of IT major
Global slowdown weighs on two-wheeler exports: SIAM – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/companies/global-slowdown-weighs-on-two-wheeler-exports-siam/article66263251.ece Major exporters such as Bajaj Auto, Hero MotoCorp, HMSI and TVS Motor Company, all have reported decline in sales The global slowdown has
Meta leadership exodus: WhatsApp Payments head quits – The Hindu BusinessLine*
Clipped from: https://www.thehindubusinessline.com/money-and-banking/whatsapp-pay-india-chief-quits-within-months-of-taking-charge/article66263532.ece Meta has seen a series of changes in executive roles in the recent months. The leadership exodus continues at Meta India as WhatsApp
Why competition compliance pays – The Hindu BusinessLine*******
Clipped from: https://www.thehindubusinessline.com/opinion/why-competition-compliance-pays/article66263595.ece Positive fallouts. It helps avoid legal and regulatory sanctions, leads to improved consumer welfare, and encourages innovation and growth in the market The
IRDAI’s nudge to the insurance sector – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/opinion/irdais-nudge-to-the-insurance-sector/article66263644.ece The regulator’s measures will help the industry grow As interest rates harden across the globe, there is at least one financial sector gleeful
Condition of Proving ‘Source of Source of Funds’ under 68 not applicable to Non-Residents: ITAT deletes Income Addition*
Clipped from: https://www.taxscan.in/condition-of-proving-source-of-source-of-funds-under-68-not-applicable-to-non-residents-itat-deletes-income-tax-addition/233842/ Top Stories By Yogitha S. Yogesh – On December 14, 2022 5:40 pm The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the condition of proving
Hedging exports when premiums are falling | The Financial Express***
Clipped from: https://www.financialexpress.com/opinion/hedging-exports-when-premiums-are-falling/2909225/ With volatility up and premiums down (and sliding), the intuitive response is to shorten the hedging tenor—indeed, some exporters may stop hedging completely,
NITI Aayog launches revamped Women Entrepreneurship Portal to onboard 2.5 lakh women entrepreneurs | The Financial Express*****
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-niti-aayog-launches-revamped-women-entrepreneurship-portal-to-onboard-2-5-lakh-women-entrepreneurs/2911927/ Technology for MSMEs: WEP was conceived in 2017 to boost the ecosystem for women entrepreneurship in India by aggregating key stakeholders and resolving
Rupifi announces loan disbursement worth Rs 2,000 crore in the last two years | The Financial Express*
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-rupifi-announces-loan-disbursement-worth-rs-2000-crore-in-the-last-two-years/2911981/ Credit and Finance for MSMEs: The B2B payments company Rupifi announced growth at 407.7 per cent over last year on account of the
45% jump in FY22 credit to women-led MSMEs from pre-Covid level by public sector banks: RBI data | The Financial Express*
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-45-jump-in-fy22-credit-to-women-led-msmes-from-pre-covid-level-by-public-sector-banks-rbi-data/2911991/ Credit and finance for MSMEs: The amount increased from Rs 5.76 lakh crore in FY20 to Rs 7.31 lakh crore in FY21 and
IRDAI’s new notification throws open wider choices for customers, corporate agents | The Financial Express***
Clipped from: https://www.financialexpress.com/money/insurance/irdais-new-notification-throws-open-wider-choices-for-customers-corporate-agents/2911898/ The measures taken by the IRDAI would help in increasing the insurance penetration in the country, as a corporate agent may represent up
The power of ‘obliquity’ | Business Standard Column*****
Clipped from: https://www.business-standard.com/article/opinion/the-power-of-obliquity-122121301302_1.html Corporate leaders aggressively pursue shareholder wealth creation. But companies that put more emphasis on profit are, in fact, less profitable In my last
