A year into implementation, goods and services tax (GST) has not delivered on the promised formalisation of the economy as yet, while the glitches in the
Home Buyers | Bankruptcy Law: Here’s a lifeline for India’s often neglected home buyers–23.06.2018
by Dhirendra Kumar The recognition of home buyers as financial creditors under the bankruptcy law may well turn out to be the most important legal development ever in India’s
Income Tax Returns | How to File ITR | File Income Tax Returns for FY 2017-18 – The Economic Times–23.06.2018
How to file ITR Jun 23, 2018, 09.08 AM IST 64603829.cms.webp6.3 KB How to calculate income from a rented house for tax purpose how-to-fill-the-new-details-r…1.6 KB
GST news: Dabur sues government for denied tax sops under GST – The Economic Times–23.06.2018
DaburNSE -0.12 % has dragged the central and Uttarakhand governments to court for rejecting tax sops for investment in poorer areas promised under the pre-GST tax
Revised ITR: ITAT: Can file revised return after notice issued by Income Tax department – The Economic Times–23.06.2018
A tax benefit claimed by a taxpayer in his revised income-tax return cannot be denied outright by an income-tax (I-T) officer merely because the revised
MSMEs: MSMEs maintain positive credit growth: Report – The Economic Times–23.06.2018
With the impact of GST and demonetisation gradually wearing off, the MSME sector is now expected to grow at a swift pace. The MSME segment
Insolvency process: Alok Industries goes to RIL-JM with big haircut – The Financial Express–23.06.2018
The committee of creditors (CoC) on Friday approved the resolution plan submitted by RIL-JM Financial. Banks have taken a huge 83% haircut on the sale
Insolvency professionals may step down only on health, legal grounds – The Financial Express–23.06.2018
The IBBI has sought public comments after coming out with an discussion paper. ReIterating that regulations under the Insolvency and Bankruptcy Code (IBC) do
Virtual ID: RBI asks banks to tweak systems by June 30 – The Financial Express–23.06.2018
The Reserve Bank of India (RBI) has asked all banks to tweak their systems by June 30 to enable the use of virtual IDs (VIDs)
RBI rate hikes are good for Indian economy, explains JP Morgan’s Jahangir Aziz – The Financial Express–23.06.2018
Loose fiscal and monetary policies pushed India to the brink of crisis in 2013, for which taper tantrum was the trigger, writes JP Morgan’s Jahangir Aziz
Aditya Birla Finance bets on SMEs as it looks to expand to 50 cities | Business Standard News
By the end of July Aditya Birla Finance Limited (ABFL) will be present in 50 cities (Tier I, II and III) across the country, growing from tapping
e-Way bill generation touches 10-crore mark – Business Line–23.06.2018
On Friday, over 80 days after its launch on April 1, e-way bill generation hit the 10-crore mark. “Ten crore e-Way bills in two months
Making India an Export Expert
Exports are the driving force of India’s growth strategy. GoI is coming out with a comprehensive plan to increase the share of global trade to
Want to file your income tax return online? Here’s the first step | business news | Hindustan Times–23.06.2018
With the July 31 deadline for filing annual income tax returns for the assesment year 2018-19 (for financial year 2017-18) approaching, taxpayers have started the
‘Resolution process cannot please everyone’ – NEWS – Business Line–22.06.2018
Deloitte Touche Tohmatsu India had made its mark in the IBC process by finding the first suitor for a stressed asset. Tata Steel walked away
Insolvency regulator to IRPs: Charge reasonable fees, disclose all expenses – NEWS – Business Line–22.06.2018
You will now get to know how much insolvency resolution professionals (IRPs) charge as ‘fees’ for their crucial role in the corporate insolvency resolution process
GST: Input tax credit: Important for taxpayers to know GST is unlike the previous regime – The Economic Times–22.06.2018
By Archit Gupta Input tax credit under GST has a very well-defined structure and is more comprehensive than the erstwhile indirect taxes. Cross-utilisation of credit between the Integrated
GST: Accommodation services by hotels to SEZ employees is inter-state in nature, attract Nil GST–Economic Times–22.06.2018
Setting aside recent advance ruling by Karnataka Advance Ruling Authority (ARA), the Central Board of Indirect taxes and Customs (CBIC) has stated that services of
No witch-hunt of bankers, please–Economic Times–22.06.2018
If you are a self-proclaimed gangster running operations in Maximum City from a safe haven abroad, you will be the anti-hero of faux film noire.
Economy: Between a rock and a hard place | Business Standard Column
The euphoria over the tag of becoming, once again, the world’s fastest-growing major economy should not lead to complacency. Just as the economy began recovering
