Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/claims-ratio-of-fasal-bima-scheme-dips-to-61-in-2020-21/article65288046.ece May bring private insurers back into crop insurance business Claims to premium ratio under Pradhan Mantri Fasal Bima Yojana (PMFBY) and other crop
*****Is it possible to reduce steep economic costs of storing foodgrains? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/is-it-possible-to-reduce-steep-economic-costs-of-storing-foodgrains/article65288053.ece Stocking more than necessary foodgrains in FCI gododowns locks up funds which can be gainfully used elsewhere The geopolitical tension between Russia and
*Tax-free Sikkim, a haven for commodity market speculators – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tax-free-sikkim-a-haven-for-commodity-market-speculators/article65288019.ece Many grey areas have clouded the Income Tax Act in the tiny State: experts Sikkim, a tiny State with a population of 6.58
*Can global entities shut down root servers? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/can-global-entities-shut-down-root-servers-122040300838_1.html Root servers are at the core of the global internet system. Controlled by 13 designated entities, they are a network of hundreds of
*India’s jobless rate falls to 7.6% in March from 8.1% a month earlier: CMIE | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/india-s-unemployment-rate-falls-to-7-6-in-march-from-8-10-in-feb-cmie-122040300533_1.html Unemployment rate in the country is decreasing with the economy slowly returning to normal, according to CMIE data. Unemployment rate in the country is
*****Big Data can at times spell trouble for taxpayers | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/big-data-can-at-times-spell-trouble-for-taxpayers-122040300841_1.html The tax department’s initiatives would, in the normal course, have been welcomed by honest taxpayers, but implementation issues and the taxman’s misaligned views
*Implications of short-term gain of cheap Russia oil must be weighed | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/implications-of-short-term-gain-of-cheap-russia-oil-must-be-weighed-122040300985_1.html So, India should carefully weigh the short term gains of buying cheap oil from Russia against implications of annoying the western alliances Last
*****Reform reversal | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/reform-reversal-122040300993_1.html States should not go back on pensions There is a wide consensus among experts that India needs to take the economic reforms process
*The NPS challenge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-nps-challenge-122040400010_1.html We need to hang in there, to create safety for pensioners and the Indian state The Old Pension System (OPS) was an important
-Energy geopolitics and LNG | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/energy-geopolitics-and-lng-122040400011_1.html The Russia-Ukraine war has put the spotlight on the role of liquefied natural gas (LNG) in the global energy futures I am at
HDFC Bank clocks 21% loan growth at Rs 13.69 trillion in FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/hdfc-bank-clocks-21-loan-growth-at-rs-13-69-trillion-in-fy22-122040300758_1.html The growth in advances was about 8.6% over Rs 12.60 trillion as of December 31, 2021, the bank informed BSE Photo: Bloomberg Reflecting
*Bond trade gains of banks may be down 30%, says India Ratings | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/bond-trade-gains-of-banks-may-be-down-30-says-india-ratings-122040400029_1.html The rating agency’s assessment showed the yield on benchmark 10-year government bonds rose 66 basis points in FY22 to close at 6.84 per
-India on cusp of major economic recovery: Niti Aayog VC Rajiv Kumar | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-on-cusp-of-major-economic-recovery-niti-aayog-vc-rajiv-kumar-122040300235_1.html Talks of possible stagflation are “overhyped”: Kumar Niti Aayog Vice Chairman Rajiv Kumar India is on the cusp of a major economic recovery and talks
*Exports rise 40% to touch $418 bn in FY22, surpass govt target by 5% | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/exports-rise-40-to-touch-418-bn-in-fy22-surpass-govt-target-by-5-122040300599_1.html The growth was driven by higher demand for items in the petroleum, gems and jewellery, engineering products The value of goods exported from
*India’s FY23 GDP growth estimated at 7.4%, RBI rate hike by year end: Ficci | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-fy23-gdp-growth-estimated-at-7-4-ficci-survey-122040300687_1.html RBI is likely to start a rate hike cycle in the second half of 2022, while a repo rate hike of 50-75 bps
*India’s health budget still in need of improvement, shows data | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/india-s-health-budget-still-in-need-of-improvement-shows-data-122040300926_1.html There is the problem of the current infrastructure being able to absorb higher levels of funding Funding to this crucial department has been
*Unviable populist schemes may create SL-like situation: Bureaucrats to Modi | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/bureaucrats-express-concern-over-unviable-populist-schemes-by-states-in-meeting-with-pm-modi-122040300780_1.html A few senior bureaucrats raised concern to PM Modi over populist schemes announced by several states, claiming they are economically unsustainable and could
*Re-Assessment solely based on Information from Investigation Wing is Invalid without Independent Inquiry by AO: ITAT
Read More: https://www.taxscan.in/re-assessment-solely-based-on-information-from-investigation-wing-is-invalid-without-independent-inquiry-by-ao-itat/164250/ Clipped from: https://www.taxscan.in/re-assessment-solely-based-on-information-from-investigation-wing-is-invalid-without-independent-inquiry-by-ao-itat/164250/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Delhi%20bench%20of%20the%20ITAT Top Stories By Rasheela Basheer – On March 28, 2022 10:44 am The Delhi bench of the ITAT comprising Shri R. K. Panda, Accountant Member
*Raising Objection is a Valuable Legal Right of Assessee, Dept cannot deny it: ITAT–TAXSCAN
Read More: https://www.taxscan.in/raising-objection-is-a-valuable-legal-right-of-assessee-dept-cannot-deny-it-itat/164399/ Clipped from: https://www.taxscan.in/raising-objection-is-a-valuable-legal-right-of-assessee-dept-cannot-deny-it-itat/164399/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Objection Top Stories By Taxscan Team – On March 28, 2022 7:02 pm The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the
*****Extend NPA classification period to 180 days from 90 days for MSMEs: FICCI’s Economic Outlook Survey | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-extend-npa-classification-period-to-180-days-from-90-days-for-msmes-ficcis-economic-outlook-survey/2480355/ Ease of Doing Business for MSMEs: The survey, conducted in March 2022 among economists to forecast key macro-economic variables for FY23 and for
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