7 Key Benefits of MSME Registration in this COVID Crunch – How to Take...
Dear Friends,
As you all would be aware recently our Finance Minister Smt Nirmala Sitharaman dedicated a lot many benefits to the MSME sector in...
FAQ’s ON APPLYING FOR LOAN ON PSBLOANSIN59MINUTES.com
What is the minimum and maximum loan amount one can borrow through the portal?
An MSME can avail business loan from...
IIT Bombay : An amount of Rs300 Crore collected by SBI from Zero balance...
The IIT-Bombay study observed that the SBI's decision to levy a charge of Rs17.70 for every debit transaction beyond four by the BSBDA account...
Corporate Tax Rates Slashed for Domestic Companies
New Delhi: Finance Minister Nirmala Sitharaman on Friday proposed to slash corporate tax for domestic companies and new local manufacturing companies through an ordinance....
Aadhaar Must for Cash Transactions Soon – PAN Not Enough
Aadhaar-based authentications would be soon made compulsory for all large cash based transactions.Till now, participants had to quote PAN Card for these transactions, but...
I Want To Sell My House In USA And Move To India. What Are...
I have been working in USA for more than 12 years and now my family and me are moving back to India for good this...
Paytm seeks a drop in the revenues, also cuts losses by 42% in the...
IPO-bound One97 Communications Ltd, the parent brand which owns Paytm, saw its consolidated revenues shrink by 11% to ₹3186.8 crore for fiscal year 2020 -2021...
Gold Hallmarking to be Made Mandatory Soon
Union Consumer Affairs Minister Shri Ram Vilas Paswan asserts Gold hallmarking being made mandatory to ensure consumers are not cheated, are better informed about...
Understanding the Telecom AGR Issue & What created the Dispute
I am sure, you would have recently heard and read a lot of Vodafone and Airtel required to pay heavy dues to government on...
India’s First REIT Launch – Digging the Concept of REIT Investment
By CA Ankit Gulgulia (Jain) | AGA
The IPO of Embassy Office Park Real Estate Investment Trust (REIT) has marked a Landmark in Indian Inc...
Updates that Matter (UTM – No. 42)
We are pleased to update you vide UTM’s (Key Update Alerts). Please find hereunder our “Updates that Matter (UTM # No. 42)”,
A. GST –Guajarat...
RBI imposed penalty of 4 crores on Bank of India and 2 crores on...
The RBI on Monday imposed penalty aggregating to ₹6 crore on Bank of India and Punjab National Bank for contravention of norms, including one related...
LEI Now Mandatory Above 50 Cr of Foreign Transactions
The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide to improve the quality and accuracy...
India received $81.7 billion FDI in FY21
India received $81.72 billion foreign direct investment (FDI) in FY21, the highest ever and 10% more than what was received in the year before,...
Government to Disinvest Stake in MMTC, NMDC, MECON & BHEL
Cabinet approves ‘In Principle’ strategic disinvestment of equity shareholding of Minerals & Metals Trading Corporation Limited, National Mineral Development Corporation, MECON and Bharat Heavy...
Cryptocurrency market continuously fall it’s time for decision of buy or sale
May has been a stress-filled month for cryptocurrency investors. The world’s largest cryptocurrency Bitcoin came to an almost 4-month low last month. Earlier Bitcoin...
Highlights of RBI’s Monetary Policy
he Reserve Bank of India (RBI) is likely to maintain status quo on benchmark interest rate in its second Monetary Policy Meet of this...
RBI transfers Rs.99000 crores as dividend to Govt.
The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the central government for the nine months ended March 31...
RBI’s bank audit, challenges to come
The Reserve Bank of India (RBI) on Tuesday issued guidelines for the appointment of statutory auditors at banks, regional rural banks, urban cooperative banks...
The ERA of ‘BAD BANK’ Begins- Budget 2021’s Most BOLD Initiative
What's a Bad Bank ? - Why Markets Go Gang-Ho !
Finance minster Nirmala Sithraman on Monday, while presenting the Union Budget for 2021-21, announced that...
RBI ordered banks for implementation of Covid-19 package
With credit offtake remaining sluggish amid the Covid pandemic, the Reserve Bank of India (RBI) on Tuesday asked private banks to ensure credit facilities to...
What is SME Exchange – Benefits of Listing Your Company
Have you ever wondered about investing in start-ups, more specifically a stock that will give you multifold returns? Here, we are not talking about...
Bitcoins – Income Tax, GST & International Tax Havens
Taxation of Bitcoins- Income Tax, GST, Tax Havens, Income Tax Return Disclosure and Country Wise Analysis of Tax Structure
If you interested to understand the...
SBI floating rate loans to be linked to Repo rate
The State Bank of India (SBI) said on it will use the repo rate as the external benchmark for its floating rate loans for...
SEBI discusses 100% shareholding in MII’s, norms for Independent Directors
The board of Securities and Exchange Board of India (SEBI) will meet in the last week of June to likely clear the annual accounts...
Central Bank Digital Currency (CDSC) is the Future of Digital Money in India
Introduction
The idea of “Central Bank Digital Currencies” (CBDC) is not a recent development. Some attribute the origins of CBDCs to Nobel laureate James Tobin2,...
India Get’s A New DFI – How will it Work ?
India will set up a new development finance institution called the National Bank for Financing Infrastructure and Development, Finance Minister Nirmala Sitharaman said as...
SEBI: Issued Circular on Provision regarding Segregation of Portfolios in the Covid-19 pandemic state
Because of the Covid-19 pandemic situation which the country is facing, the Securities Exchange Board of India (SEBI) released a circular regarding the Provisions...
SEBI: Additional Payment Methods like ASBA for Payment of Balance Money in Calls for...
The Securities and Exchange Board of India (SEBI) on Tuesday this week has introduced additional payment mechanism, including Application Supported by Blocked Amount (ASBA),...
CBDT: Scrip-wise reporting not required for day-trading, short-term capital gains in ITR
The Central Board of Direct Taxes (CBDT) has clarified in a press release issued on 26 September 2020, that there is no requirement of...