Clipped from: https://www.thehindubusinessline.com/companies/chinese-solar-module-companies-renege-on-contracts-with-indian-firms/article65338056.ece India has 3 GW of cell manufacturing capacity now as against China’s 350 GW capacity More than 80 per cent of India’s solar PV
*Global supply chain disruption set to get worse due to delays at Chinese ports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/global-supply-chain-disruption-set-to-get-worse-due-to-delays-at-chinese-ports/article65339107.ece The trade in India is worried about diversion of large volumes of empty containers to China to load cargo for the US markets
*The slowdown in 2019-20 was neither anomalous, nor inexplicable | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-slowdown-in-2019-20-was-neither-anomalous-nor-inexplicable-122041900239_1.html It is important to remember that growth had been slowing for five consecutive quarters before 2019-20 Economists love to find trends or anomalies,
*Reserve Bank of India’s latest norms won’t be disruptive to NBFCs | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/reserve-bank-of-india-s-latest-norms-won-t-be-disruptive-to-nbfcs-122042100010_1.html Intend to narrow regulatory arbitrage between banks and shadow banks Photo: Shutterstock The latest norms concerning large exposures, additional disclosures, and lending to
Suppression in Net Sales assessable as “Business Income”, can’t be treated as Deemed Income u/s 68: ITAT
Clipped from: https://www.taxscan.in/suppression-in-net-sales-assessable-as-business-income-cant-be-treated-as-deemed-income-u-s-68-itat/169020/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Business%20Income Top Stories By Rasheela Basheer – On April 19, 2022 8:10 am The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the income surrendered
https://www.taxscan.in/assessing-officer-cannot-interfere-with-the-business-decisions-of-assessee-itat/169183/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Assessing%20Officer
Clipped from: https://www.taxscan.in/assessing-officer-cannot-interfere-with-the-business-decisions-of-assessee-itat/169183/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Assessing%20Officer Top Stories By Rasheela Basheer – On April 19, 2022 4:12 pm The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the Assessing Officer
*Tax optimiser: NPS, perks can cut Sinha’s tax by Rs 83,000 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-optimiser-nps-perks-can-cut-sinhas-tax-by-rs-83000/articleshow/90894487.cms Synopsis Sudhir Kaushik of Taxspanner.com tells readers how they can optimise their tax by rejigging their income and investments. Pune-based professional Abinash Sinha
*Bond Market: Banks, bond market stay ahead of RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/banks-bond-market-stay-ahead-of-rbi/articleshow/90942964.cms Synopsis In essence, banks and the bond market are now ahead of the RBI on the interest rate upcycle. A clutch of banks,
*SBI locker claim settlement: How settlement will work after death of locker hirer – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/sbi-locker-claim-settlement-how-settlement-will-work-after-death-of-locker-hirer/articleshow/90934211.cms Synopsis When opening a locker at the State Bank of India (SBI) or any other bank, customers must ensure that they register for
People are flocking to this Twitter alternative following the Elon Musk drama – BusinessToday
Clipped from: https://www.businesstoday.in/technology/news/story/people-are-flocking-to-this-twitter-alternative-following-the-elon-musk-drama-330590-2022-04-20 This social media site has been growing in popularity ever since it was launched in 2016. (Photo: Mastodon) Just after telling you guys
Can’t offer undue sympathy to officer accused of defrauding postal dept: SC | Deccan Herald
Clipped from: https://www.deccanherald.com/national/cant-offer-undue-sympathy-to-officer-accused-of-defrauding-postal-dept-sc-1102095.html The government employee was accused of defrauding the postal department by withdrawal of Rs 16.59 lakh from accounts Supreme Court of India. Credit:
*Can you buy a house in hometown on loan and claim tax deductions? | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/work-from-home-can-you-buy-a-house-in-hometown-on-loan-and-claim-tax-deductions/2496830/ Taking advantage of work from home, many employees – especially those staying on rent in metro cities – may have shifted to their
*Income Tax: You can disclose capital gains from mutual funds and shares in ITR-4 | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-you-can-disclose-capital-gains-from-mutual-funds-and-shares-in-itr-4/2496942/ ITR-4 can be filed by individuals with income up to Rs 50 lakh from business or profession and have opted for presumptive taxation
*Fuel prices: Solving the petroleum price puzzle | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/fuel-prices-solving-the-petroleum-price-puzzle/2496864/ To reduce vulnerability to such situations, the Centre, in the short term, aims to protect people from bearing the full brunt of oil
*Oil diplomacy: India’s stance must remain consistent – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/oil-diplomacy-indias-stance-must-remain-consistent/article65323603.ece A file picture of the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia | Photo Credit: VASILY FEDOSENKO
*In a new orbit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/in-a-new-orbit/article65335536.ece Tax finance concept with bill and magnifying glass. Vector illustration | Photo Credit: wissanu99 Ongoing tax reforms boosted collections in FY22 but FY23
*Can mobile phone exports be sustained? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/boosting-mobile-phone-exports-have-we-ticked-the-right-boxes/article65332974.ece The PLI scheme does not incentivise global brands to bring their supply chain to the country | Photo Credit: ANUSHREE FADNAVIS The PLI
*IBBI proposes changes in insolvency resolution process regulations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ibbi-proposes-changes-in-insolvency-resolution-process-regulations/article65335017.ece Experts say there will be increased efficiency and clarity for the Resolution Professional which will make the insolvency process more effective and efficient
ACC net profit down 30% on cost pressure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/acc-net-profit-down-30-on-cost-pressure/article65335757.ece Due to low demand, the company could not pass on incremental cost to end consumers Associated Cement Companies (ACC), one of the largest
*Rupee on a downhill – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/statistalk/rupee-on-a-downhill/article65336392.ece The Indian currency has been one of the weakest Asian currencies so far this year. Significant levels of capital flight and rising prices
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