Industry chamber Assocham today demanded postponing GST implementation, saying that taxpayers will find it difficult to comply with the provisions of the new indirect tax
Day: June 17, 2017
RBI initiates PCA against Bank of Maharashtra as bad loans rise–Business -S-tandard–17-06-2017
The Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA) against Pune-based Bank of Maharashtra (BoM) in view of the high level of
If WhatsApp can run in rural areas, so will GST platform: GSTN chief–Economic -T-imes –17-06-2017
GST Network, the company that is readying the technology backbone for the new regime, has dismissed fears that the online tool will be too cumbersome
Stressed steel sector loans easier to resolve: bankers–Business Line [ The Hindu ] -17-06-2017
Thanks to revival in demand and prices–Stressed companies in the steel sector stand a better chance of getting resolved under the Insolvency and Bankruptcy Code
Steel, infra companies in RBI’s big-debtor list–Business Line [ The Hindu ] –17-06-2017 ]
‘Dirty dozen’ accounts for ₹2 lakh cr exposure Big companies in the steel and infrastructure sectors dominate the list of 12 large accounts identified by
No timeline for identification of additional defaulters: RBI’s S S Mundra–Financial Express–17-06-2017
RBI Deputy Governor S S Mundra today ruled out coming out with next batch of loan defaulters against whom insolvency proceedings will be initiated. The
Not demonetization, here’s what caused the farmers crisis in Maharashtra, Madhya Pradesh–Financial Express–17-06-2017
Talk to anyone in the agriculture/commodities sector, and they will tell you about the typical agriculture price-output cycle. A huge price spike will cause a
Don’t force flat buyers to pay entire amount before July 1: Tax dept–Business Standarad–17-06-2017
The indirect tax department has warned builders against asking flat buyers to face higher tax rates if they don’t pay the entire amount of houses
Telcos should seek removal of unjustified levies–Economic Times-17-06-2017
Telecom operators have reportedly asked the sector regulator, Trai, to set a floor price for voice and data tariffs to ostensibly tackle competition. This is
4 reasons why India should keep its fingers crossed when GST rolls in next month–Economic Times-17-06-2017
The Goods and Services Tax (GST), India’s biggest tax reform since independence, will unify a $2 trillion economy into a single market. This big tax
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