The government has decided to extend the Rs 25,938-crore production-linked incentive scheme for the automotive sector by one year, Union Heavy Industries Minister Mahendra Nath Pandey said on Tuesday. Post extension, the five-year scheme, originally in place from 2022-23 to 2026-27, will be active until 2027-28. At present, incentives are applicable under the scheme for …
Our Weekly Saturday Meeting about Startups, Banking & Finance, Startup Funding, Mergers and Acquisitions and Investment Banking at 5.30 PM . Please save and remember to join every Saturday at 5.30 PM using same Link. Google meeting invitation link : https://meet.google.com/vzm-cbwv-ode This is an Open and Interactive Business Forum among Intellex Strategic Consulting Pvt Ltd …
Monsoon rains to cover all of India earlier than usual, accelerate crop sowing India’s monsoon season rains were set to cover the whole country by the weekend, according to meteorological department officials, allowing farmers in northern states to begin planting of summer-sown crops a week earlier than normal. The monsoon, the lifeblood of India’s $3 …
Monsoon rains to cover all of India earlier than usual, accelerate crop sowing Read More »
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India launched its international Rupee ambitions on July 13, 2022. And in a matter of less than 9 months our country has become a global currency. Don’t believe me? Read on. Our UPI is approved in ~18 countries and with 12 countries at MOU stage. Sooner than later 30 countries will be be exchanging currency …
India’s ambitious program to make Indian Rupee a Global Currency. Read More »
It has been decided to withdraw the 2000 rupees denomination Banknotes from circulation The Banknotes In 2000 Rupees Denomination will continue to be Legal Tender; only fresh issue stopped. Banks may exchange 2000 Rupees Banknotes upto a limit of 20,000 Rupees at a time Reason stated is 2000 Rupee notes not commonly used for transactions; …
The Centre is considering fresh measures to crack down on shell companies by making the process of incorporation tougher for non-genuine entities. The ministry of corporate affairs (MCA) is understood to be in discussions over various proposals, such as a phone app to geo-tag pictures of the registered office of a company, as well as …
STRICTER RULES AGAINST SHELL COMPANIES ON THE ANVIL Read More »
Company X accumulated losses of over Rs 4,600 Crore Incurred Loss of Rs. 106.9 Crore in 2018 Loss of Rs. 1000 Crore in 2019 Loss of Rs. 2400 Crore in 2020 Loss of Rs. 800 Crore in 2021 Loss of Rs. 350 Crore in 3 Months Apr to June 2021 Aggregating Total Loss of Rs. …
Zomato Story (Excellent write up) – TRADING OF LOSS – NEW PARADIGM Read More »
206AA Non PAN case / Non Adhar case And even Non PAN- ADHAR link case Will be liable for TDS at rate specified or 20% W e is HIGHER Except in 194O & 194Q where It will be 5% in above case ( Note – Non linked will be as good as non having PAN) …
Higher TDS TCS provision in Income tax summarized Read More »
Listed companies have got a rap on the knuckles from the stock exchanges for issuing manipulative or distorted statements. Amid a boom in the stock market, stock exchanges have come out with a list of dos and don’ts companies need to keep in mind while communicating with their shareholders. In a strongly-worded statement, exchanges warned …
EXCHANGES WARN LISTED FIRMS AGAINST MISLEADING OR FALSE PUBLICITY Read More »
