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REC, PFC to see minimal impact from RBI draft norms, says CLSA; stocks show mild recovery

CLSA believes higher provisions will only impact PFC s and REC s impairment reserves and won t drag down their profits ....

West Bengal , Indian Accounting Standard , Rec Shares , Hdfc Shares , Reserve Bank Of India ,

Notional Interest Income Credited To P/L A/C As Per Accounting Standard Requirement Is Not Liable For Tax Under Real Income Principle: Mumbai ITAT

While referring to the decision of Chennai Bench of Tribunal in the case of M/s. Shriram Properties Limited (ITA No. 431/Chny/2022), the Mumbai ITAT held that the notional interest income credited. ....

Sandeep Singh Karhail , Jancy Elizabeth Rani , Kesar Multimodal Logistic , Shriram Properties Limited , Accountant Member , Judicial Member , Indian Accounting , Jancy Elizabeth , Mumbai Itat , Otional Interest Income , Profit And Loss Account , Indian Accounting Standard , Real Income Principle ,

Shriram Finance's gross stage-3 loans may decline to 5% by end of FY25: Umesh Revankar

The company’s net interest margin is likely to sustain at current levels because most geopolitical uncertainties have not materially heightened, the Shriram Finance executive vice chairman said. ....

Israel General , Umesh Revankar , Shriram Finance , Indian Accounting Standard , Umesh Revankar , Tage 3 Loans , Personal Loans , Net Interest Margins ,

Business News: India Ratings: RBI's new norms likely to increase NBFCs' bad loans by one-third

Business News: India Ratings: RBI's new norms likely to increase NBFCs' bad loans by one-third
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India Ratings , Reserve Bank , Indian Accounting Standard , Stock Prices , Mutual Funds , Best Performing , Income Tax Calculator , Top Gainers , Top Losers , Best Equity ,

ITC Admissible On Sale And Buyback Transactions When Payment Is Settled Through Book Adjustment: AAR

The West Bengal Authority of Advance Ruling (AAR) has held that in cases of sale and buyback transactions, the input tax credit is admissible in respect of goods purchased from outsourced vendors when. ....

Tanisha Dutta , Joyjit Banik , Bengal Authority Of Advance Ruling , West Bengal Authority , Advance Ruling , West Bengal , Indian Accounting Standard , Uyback Transactions ,