Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/microfinance-sector-must-adapt-to-rbis-revised-guidelines/article65346489.ece MFIN will have to look at supporting all players with the clear intention of customer protection and growth of the sector | Photo
US Fed’s aggressive rate hike plans make markets jittery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/us-feds-aggressive-rate-hike-plans-make-markets-jittery/article65346455.ece FILE PHOTO: People stand outside the Bombay Stock Exchange (BSE), after Sensex surpassed the 60,000 level for the first time, in Mumbai, India,
*CBDT adds 4 criteria for mandatory ITR filing – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/cbdt-adds-4-criteria-for-mandatory-itr-filing/article65346448.ece New Indian ITR-5 Income tax Form with Indian currency and PAN or Permanent Account Number on isolated background. | Photo Credit: lakshmiprasad S
*India in a spot as Indonesia bans edible oil exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/india-in-a-spot-as-indonesia-bans-edible-oil-exports/article65346453.ece Country imports as much as half its requirement of8.3 mt palm oilfrom Indonesia There appears to be no respite for Indian consumers on
Re-Assessment can be initiated on Disclosure of Bogus Purchase Bills: Chhattisgarh HC [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/re-assessment-can-be-initiated-on-disclosure-of-bogus-purchase-bills-chhattisgarh-hc/169740/ Clipped from: https://www.taxscan.in/re-assessment-can-be-initiated-on-disclosure-of-bogus-purchase-bills-chhattisgarh-hc/169740/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Bogus%20Purchase%20Bills Top Stories By Taxscan Team – On April 22, 2022 2:36 pm The Chhattisgarh High Court has held that the reassessment proceedings by invoking
Higher Rate of Depreciation available to Vehicles let out on Hire Only If Assessee furnish Details: ITAT [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/higher-rate-of-depreciation-available-to-vehicles-let-out-on-hire-only-if-assessee-furnish-details-itat/169772/ Clipped from: https://www.taxscan.in/higher-rate-of-depreciation-available-to-vehicles-let-out-on-hire-only-if-assessee-furnish-details-itat/169772/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Depreciation Top Stories By Rasheela Basheer – On April 22, 2022 12:14 pm The Ahmedabad bench of the ITAT has held that the assessee can
*RBI issues master directions for issuance of credit cards: What cardholders should know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/spend/rbi-issues-master-directions-for-issuance-of-credit-cards-what-cardholders-should-know/articleshow/90981453.cms Synopsis For the issuance of credit and debit cards, the Reserve Bank of India (RBI) has issued master directions. Here are some key
*No Document to Support the Allegation: CESTAT Directs to Restore the Customs Broker Licence [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/no-document-to-support-the-allegation-cestat-directs-to-restore-the-customs-broker-licence/169938/ Clipped from: https://www.taxscan.in/no-document-to-support-the-allegation-cestat-directs-to-restore-the-customs-broker-licence/169938/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Document Top Stories By Jwala K.P – On April 22, 2022 1:37 pm The New Delhi Principal Bench of Customs, Excise & Service Tax Appellate
*Expenditure in the form of Commission to the Doctors is Prohibited by Law and not Entitled to Deduction u/s 37 (1): Calcutta HC–TAXSCAN
Clipped from: https://www.taxscan.in/expenditure-in-the-form-of-commission-to-the-doctors-is-prohibited-by-law-and-not-entitled-to-deduction-u-s-37-1-calcutta-hc/169945/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Commission%20to%20the%20Doctors Top Stories By Rasheela Basheer – On April 22, 2022 3:09 pm The Calcutta High Court has held that expenditure in the form of commission to
*What are the tax implications of investments in global securities? Find out | The Financial Express
Clipped from: https://www.financialexpress.com/money/what-are-the-tax-implications-of-investments-in-global-securities-find-out/2500598/ The dividend income earned by an individual gets added to overall income, and the investor receives foreign credit to the extent of tax
Now ITR filing mandatory if your TDS, TCS is Rs 25,000 or more in a financial year
Clipped from: https://economictimes.indiatimes.com/wealth/tax/now-itr-filing-mandatory-if-your-tds-tcs-is-rs-25000-or-more-in-a-financial-year/articleshow/90999405.cms Synopsis The 7th proviso to Section 139 was inserted by the Finance Act, 2019, which provided for certain criteria which mandated the filing
*70 investors rejected an idea. It has become a unicorn and helped create another
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/70-investors-rejected-an-idea-it-has-become-a-unicorn-and-helped-create-another/articleshow/90927216.cms SynopsisHandling two tough services of fulfilment and finance, the growth story of OfBusiness and Oxyzo is all about skill, hard work and determination.
*Why Washington is boosting heavy arms for Ukraine? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/why-washington-is-boosting-heavy-arms-for-ukraine/articleshow/90998325.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis In addition to the 72 howitzers and the vehicles required to move them around the battlefield, the new weapons package for Ukraine
*FY23 CAD maybe 10 yr high, export growth can be sustained: SBI Research – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/fy23-cad-maybe-10-yr-high-export-growth-can-be-sustained-sbi-research/articleshow/91006830.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23 Synopsis As per the report, 55% of the increase in exports in FY22 is attributed to quantity effect and the rest 45% is
*HDFC-HDFC Bank combined m-cap to put it among world’s top 10 most valuable banks: KV Kamath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/hdfc-hdfc-bank-combined-m-cap-to-put-it-among-worlds-top-10-most-valuable-banks-kv-kamath/articleshow/91000796.cms SECTIONS HDFC-HDFC Bank combined m-cap to put it among world’s top 10 most valuable banks: KV Kamath By Nikunj Dalmia ,Last Updated: Apr
*CBDT adds four new criteria for filing ITR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-economy/cbdt-adds-four-new-criteria-for-filing-itr/article65344836.ece New norms have been defined at a time when there is much debate about the low number of tax payers in the country
*The biter bit: The sanctions on Russia are beginning to hurt buyers now | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-biter-bit-the-sanctions-on-russia-are-beginning-to-hurt-buyers-now-122042201047_1.html All things considered, might it have been better and cheaper, shed less blood, and avoided a huge refugee problem if Russia had been
*Fed chief Jerome Powell pivots toward 50 bps interest rate hikes | Business Standard News
Clipped from: https://www.business-standard.com/article/international/fed-chief-jerome-powell-pivots-toward-50-bps-interest-rate-hikes-122042300025_1.html Jerome Powell is taking direct aim at strong demand that the central bank wants to cool Federal Reserve Chair Jerome Powell (Photo: Reuters)
*Finance ministry, state-run banks discuss 3-year strategic roadmap | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/finance-ministry-state-run-banks-discuss-3-year-strategic-roadmap-122042201376_1.html Finance ministry officials on Friday met public sector bank (PSB) executives to discuss their strategic three-year roadmap, collaboration among themselves, and implementation of base-level
ICICI Lombard General Insurance stock falls as Q4 show disappoints | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/icici-lombard-general-insurance-stock-falls-as-q4-show-disappoints-122042201173_1.html Analysts though appear positive with their target prices indicating 22-25% upside ICICI Lombard Disappointing results have led to a sell-off in ICICI Lombard General
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