Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/banks-report-robust-pick-up-in-credit/article65212678.ece Crisil estimates that gross bank credit in FY22 will grow by 9-10 per cent against 5 per cent in FY21 Banks have reported
SC stays NCLAT order appointing 3 govt nominees on 63 moons board – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/sc-stays-nclat-order-appointing-3-govt-nominees-on-63-moons-board/article65212674.ece NEW DELHI, 09/04/2013: Supreme Court of India in New Delhi on April 10, 2013. Photo: S. Subramanium | Photo Credit: SUBRAMANIUM S Allows
Almost a tenth of Ukrainians will be refugees by mid-2022: UNHCR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/almost-a-tenth-of-ukrainians-will-be-refugees-by-mid-2022-unhcr/article65212666.ece The United Nations High Commission for Refugees estimates that by July, the ongoing Russia-Ukraine war would have created four million refugees. This is
US inflation hit fresh 40-year high of 7.9% before crude oil spike | Business Standard News
Clipped from: https://www.business-standard.com/article/international/us-inflation-hit-fresh-40-year-high-of-7-9-before-crude-oil-spike-122031100043_1.html While February was once forecast as the peak for US inflation, now readings are set to increase to above 8 per cent, according
It’s time to deduct TDS if rent exceeds Rs 50,000, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/it-s-time-to-deduct-tds-if-rent-exceeds-rs-50-000-say-analysts-122031001602_1.html Applicable rate is 30% for non-resident landlords, 5% for rest If you live on rent, you could be liable to deduct tax deducted at source
Rejecting a crown of thorns: Meet Vikram Limaye, MD & CEO of NSE | Business Standard News
Clipped from: https://www.business-standard.com/article/specials/rejecting-a-crown-of-thorns-meet-vikram-limaye-md-ceo-of-nse-122031001591_1.html Limaye joined NSE in July 2017 after a long stint at IDFC, an institution set up to boost infrastructure development by channelling private
Addressing uncertainty | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/addressing-uncertainty-122031001653_1.html Necessary changes in GST must be made in time The completion of five years of goods and services tax (GST) in a few months will
A fresh blow to globalisation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-fresh-blow-to-globalisation-122031001659_1.html The conflict in Ukraine will deepen concerns about globalisation and national security The world has changed since Ukraine. It is too early to
Insolvency proceedings’ deadline problem | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/insolvency-proceedings-deadline-problem-122031001676_1.html The Bankruptcy Law Reforms Committee had spent considerable time on the timelines to be prescribed for various steps under the insolvency/bankruptcy proceedings The
50% customers ready to switch banks in next 12 months: Bain & Company | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/50-customers-ready-to-switch-banks-in-next-12-months-bain-company-122031001631_1.html If it’s a good deal, many willing to shift to fintech players, neo banks, among others Retaining customers is important for banks. Loyal
We see inflation averaging 5.4% in FY23: Crisil Chief Economist D K Joshi | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/we-see-inflation-averaging-5-4-in-fy23-crisil-chief-economist-d-k-joshi-122031000895_1.html In a Q&A, he says the Ukraine war-led spike in commodity prices will impact household inflation, and that the capex thrust by the
New solar PLI scheme to cap bidding capacity at 10 Gw for past winners | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/new-solar-pli-scheme-to-cap-bidding-capacity-at-10-gw-for-past-winners-122031001352_1.html The minimum Local Value Addition (LVA) or use of local content for participating manufacturers kept at 90% The new round of the production
Govt to extend loan scheme for building healthcare, medical infrastructure | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-to-extend-loan-scheme-for-building-healthcare-medical-infrastructure-122031001668_1.html A medical worker at a makeshift healthcare facility for Covid-19 patients in Delhi on January 18, 2022. (PTI Photo/Kamal Singh) The Centre will
SBI to revamp banking app YONO, position it as complete digital bank | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/sbi-to-revamp-banking-app-yono-position-it-as-complete-digital-bank-122031000684_1.html YONO has three facets, namely DB for seamless and intuitive banking services The customer experience has to be taken up on priority to
Rupee fall: No panic, but time to be cautious | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rupee-fall-no-panic-but-time-to-be-cautious/2454525/ RBI well-positioned to intervene in the currency market; export-gains expected may not materialise though. With inflation likely to cross 6% and chances of
Calcutta HC suspends Order for Cancellation of GST Registration as Allegations in SCN are Vague–TAXSCAN
Clipped from: https://www.taxscan.in/calcutta-hc-suspends-order-for-cancellation-of-gst-registration-as-allegations-in-scn-are-vague/159663/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Cal Top Stories By Rasheela Basheer – On March 10, 2022 5:36 pm The Calcutta High Court recently suspended the part of order passed by the GST
Interest from Loan given to related party for Business purpose does not attract section 40A(2)(b) of the Income Tax Act: ITAT [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/interest-from-loan-given-to-related-party-for-business-purpose-does-not-attract-section-40a2b-of-the-income-tax-act-itat/159672/ Clipped from: https://www.taxscan.in/interest-from-loan-given-to-related-party-for-business-purpose-does-not-attract-section-40a2b-of-the-income-tax-act-itat/159672/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Interest Top Stories By Rasheela Basheer – On March 10, 2022 11:22 pm The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the
Relief to Swiggy: Karnataka High Court orders GST Refund of Rs. 27 Cr Illegally collected [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/relief-to-swiggy-karnataka-high-court-orders-gst-refund-of-rs-27-cr-illegally-collected/159819/ Clipped from: https://www.taxscan.in/relief-to-swiggy-karnataka-high-court-orders-gst-refund-of-rs-27-cr-illegally-collected/159819/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=swiggy Top Stories By Rasheela Basheer – On March 11, 2022 12:02 pm A division bench of the Karnataka High Court has ordered the GST
A Director not involved in Day-to-Day Affairs of Company cannot be Prosecuted for Cheque Bounce Cases: Allahabad HC [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/a-director-not-involved-in-day-to-day-affairs-of-company-cannot-be-prosecuted-for-cheque-bounce-cases-allahabad-hc/159879/ Clipped from: https://www.taxscan.in/a-director-not-involved-in-day-to-day-affairs-of-company-cannot-be-prosecuted-for-cheque-bounce-cases-allahabad-hc/159879/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Cheque%20Bounce%20Cases Top Stories By Taxscan Team – On March 11, 2022 3:08 pm The Allahabad High Court has held that a director, who is not
Deposit in ‘no-lien/escrow account’ will not constitute ‘Actual Payment’, No Income Tax Deduction allowable: Orissa High Court-TAXSCAN
Clipped from: https://www.taxscan.in/deposit-in-no-lien-escrow-account-will-not-constitute-actual-payment-no-income-tax-deduction-allowable-orissa-high-court/159894/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=lien Top Stories By Rasheela Basheer – On March 11, 2022 3:32 pm A division bench of the Orissa High Court has held that deposit of amount
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