Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-not-behind-the-curve-tolerance-of-high-inflation-was-a-necessity-das/article65536203.ece The governor assured that an exit from the easy liquidity conditions will be smooth and there will be a “soft landing” Refuting criticism
*Large-scale use of new methodologies in credit risk assessment can create systemic concerns, warns RBI Guv – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/large-scale-use-of-new-methodologies-in-credit-risk-assessment-can-create-systemic-concerns-warns-rbi-guv/article65537370.ece Need to strike a fine balance between enabling innovation and preventing systemic risks Large technology companies (BigTech), which have entered into provision of
Govt committed to make sure capital expenditure continues to support growth momentum: CEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-committed-to-make-sure-capital-expenditure-continues-to-support-growth-momentum-cea/article65536280.ece In FY22, while the capital expenditure was budgeted at ₹6 lakh crore, the government managed to spend ₹5.92 lakh crore The government is
Das refutes perception that RBI has fallen behind the curve – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/das-refutes-perception-that-rbi-has-fallen-behind-the-curve/article65536891.ece ‘The RBI is in sync with the requirements of the economy’ Reserve Bank of India Governor Shaktikanta Das, on Friday, refuted the perception
Voluntary Payment By Outgoing Soc Member Subject To Gst: Aar | Mumbai News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/mumbai/voluntary-payment-by-outgoing-soc-member-subject-to-gst-aar/articleshow/92070898.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email Image used for representational purpose MUMBAI: It is not uncommon for co-operative housing societies (CHS) in Mumbai to seek transfer fees on sale
Sale of second-hand car attracts GST at 18% on price differential – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/sale-of-second-hand-car-attracts-gst-at-18-on-price-differential/articleshow/91991233.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email MUMBAI: Many companies which purchase assets such as cars, sell it after it has been used by either their executives or in the
*India better placed to avoid risk of stagflation: RBI officials – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/india-better-placed-to-avoid-risk-of-stagflation-rbi-officials/article65534011.ece Domestic economic activity is gaining strength, write authors of Bulletin article Reserve Bank of India (RBI) headquarters, in Mumbai. File | Photo Credit:
*Race for relevance: The Hindu Editorial on the U.S. Federal Reserve’s steepest interest rate increase in more than 27 years – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/race-for-relevance-the-hindu-editorial-on-the-us-federal-reserves-steepest-interest-rate-increase-in-more-than-27-years/article65533566.ece The Fed’s hike can accelerate the exit of foreign portfolio investments The Fed’s hike can accelerate the exit of foreign portfolio investments The U.S.
*Cold comfort: The Hindu Editorial on inflation and government intervention – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/cold-comfort-the-hindu-editorial-on-inflation-and-government-intervention/article65526986.ece Despite the easing of retail inflation, there is no room for complacency Despite the easing of retail inflation, there is no room for
Parl panel: Extend GST Composition Scheme to e-sellers; onboarding MSMEs should be obligatory for e-commerce portals | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-parl-panel-extend-gst-composition-scheme-to-e-sellers-onboarding-msmes-should-be-obligatory-for-e-commerce-portals/2563436/ Ease of Doing Business for MSMEs: The panel also suggested the Department of Commerce to exempt MSMEs from the payment of the 0.5
*****CBDT issues guidelines on TDS applicability on non-salary perquisites | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/cbdt-issues-guidelines-on-tds-applicability-on-non-salary-perquisites/2563493/ According to the guidelines, it is not necessary for the payer/deductor to check the taxability of the sum in the hands of the
*****CBDT tightens curbs on high-pitched tax assessments | The Financial Express
lipped from: https://www.financialexpress.com/money/income-tax/cbdt-tightens-curbs-on-high-pitched-tax-assessments/2563503/ “This instruction also provides for initiation of suitable administrative action against the officer concerned, in cases where assessments are found by the local
*****Macro stability paramount now, it’s good sign that “we have become inflation-intolerant”: CEA | The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/macro-stability-paramount-now-its-good-sign-that-we-have-become-inflation-intolerant-cea/2564161/ Recession in the west to slow India’s export growth,supply disruptions could reappear if China comes back to global markets with full vigour. Chief
recession impact: D-St ends one of its wildest weeks in years with sharp losses as recession worries crush stocks – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/d-st-ends-one-of-its-wildest-weeks-in-years-with-sharp-losses-as-recession-worries-crush-stocks/articleshow/92276599.cms Synopsis The 30-share pack lost 135.37 to close at 51,360.42. Its broader peer Nifty50 fell below the 15,300 mark. For the week, the
*****US Fed exports recession with hike – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/us-fed-exports-recession-with-hike/articleshow/92261730.cms Synopsis With China, its second-largest trading partner, still facing a slowdown, there could be both supply and demand effects on growth. This would
Infosys moves closer to talent, to open 4 offices in tier-II cities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/information-tech/infosys-sets-up-four-new-offices-in-tier-ii-cities-in-a-bid-to-get-closer-to-talent-pool/articleshow/92186996.cms Synopsis Many young employees in the IT sector were recruited from tier II cities. Almost 60% of them have gone back to their
8,000 HNIs may leave India this year. Here’s where they are migrating – The Economic Times
Clipped from: https://economictimes.indiatimes.com/nri/migrate/8000-super-rich-indians-are-anticipated-to-leave-india-this-year-read-to-know-where-they-are-heading-/articleshow/92195085.cms Synopsis Strict tax rules and reporting requirements in India, as well as the need for stronger passports, remain the primary factors driving the
*****Inflation & interest rates: Why they matter and where they are headed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/inflation-and-interest-rates-why-they-matter-where-they-are-headed/articleshow/92225355.cms Synopsis Inflation is driving policy, especially interest rate policy of central banks plus some fiscal policy (like duty cuts on fuel in India).
RBI sells $10 billion in two weeks to keep its inflation forecast bearable – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/rbi-sells-10-billion-in-two-weeks-to-keep-its-inflation-forecast-bearable/articleshow/92266664.cms Synopsis Stubbornly high crude oil prices may require Mint Road to revisit its calculations on automotive fuels, and medium-term price assumptions are likely
*Govt bans VPN, cloud services for employees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/govt-bans-vpn-cloud-services-for-employees/articleshow/92269197.cms Synopsis The National Informatics Centre (NIC), which is under the Ministry of Electronics and Information Technology, said it had put out the guidelines
aniltikotekar4sme.com 