One-time settlement of dues by defaulters may rise in the next few months as banks’ aggressive move to recover loans and the Reserve Bank of
Day: July 15, 2017
Indian economy: Trade deficit narrows to $13 billion in June–Economic Times–15.07.2017
India’s trade deficit narrowed in June after swelling to a 30-month high in May even as exports grew slowly in the month. Exports grew 4.39%,
Demonetisation: 5.5 lakh under I-T lens for deposits after note ban–Economic Times–15.07.2017
Over 5.5 lakh people who deposited cash during the demonetisation drive are set to get a call from the income tax department while another one
Guenter Butschek: Tata Motors MD Guenter Butschek writes impassioned letter to employees about the company’s crisis–15.07.2017
Butschek called the dismal growth of the company “not a hallmark of a leader.” MUMBAI/NEW DELHI: Tata MotorsBSE -1.42 % managing director Guenter Butschek has
Filing income tax return: Form 26AS: What is it and how does it help in filing income tax return?–Economic Times–15.07.2017
By Shalini Jain, Tax Partner, EY India What is Form 26AS Form 26AS is an annual consolidated tax statement that can be accessed from
A dark lesson from shining China–Economic Times–15.07.2017
For many of us in India — and, indeed, in the rest of the world — the Chinese economic story has been seen for what
Yes Bank gets $150 mn from OPIC to fund SME lending – The Financial Express–15.07.2017
Private sector Yes Bank has received $150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small
Indian economy can get Rs 18 lakh cr boost from mobile apps – The Financial Express–15.07.2017
A 10% increase in India’s Internet traffic delivers on an average a 3.3% growth in the country’s GDP and a 10% increase in India’s mobile
GST to severely dent liquidity of exporters: FIEO – The Financial Express–15.07.2017
The initial procedural and software glitches of Goods and Services Tax have smoothen a lot, Calcutta Freight Brokers Association said today. “Initially, there were lot
CAIT for early passage of Consumer Protection Bill – The Financial Express–15.07.2017
“The passage of this bill is critical not only in terms of protection of consumer interests’ but also to differentiate between the roles and responsibilities
Fiscal deficit: Finance Ministry to decide on NK Singh panel report – The Financial Express–15.07.2017
The finance ministry will soon decide on the NK Singh panel’s recommendations on fiscal management, a senior official said on Thursday. The government will calibrate
Under Operation Clean Money II, 6.6 lakh more persons on I-T radar | Business Line–15.07.2017
In hot pursuit of black-money hoarders who may have made high-value cash deposits during the demonetisation window, the Income Tax Department has identified an additional
Cut [ rates ] to grow | Business Line–15.07.2017
The historically low inflation print of 1.54 per cent for June has strengthened voices arguing for a rate cut by the Reserve Bank, and understandably
SS Mundra dispels fears about future of weak banks | Business Line–15.07.2017
Urging all to not fall prey to falsehoods on the future of weak banks, RBI Deputy Governor SS Mundra on Friday said lenders’ inclusion under
T N Ninan: The third balance sheet | Business Standard Column–15.07.2017
The economy has been struggling with a twin balance sheet problem these last few years, that of banks and of companies. What observers have not
No action against lawyers, law firms for GST non-compliance, rules Delhi HC | Business Standard News–15.07.2017
The Delhi High Court has directed the Centre not to take any coercive steps against lawyers and law firms for not registering or complying with
When you get the GST blues | Business Standard Column–15.07.2017
In all these years that I have been in business in Santiniketan, the tax regime has been one that exempted handicraft and handloom producers from
Shekhar Gupta: Keeper of India’s family silver | Business Standard Column–15.07.2017
The description we use most lazily – and safely – in a tribute to a prominent public figure on his passing away is “patriot”. Lazy,
Settle health policy claim in 30 days or pay interest: Irdai warns insurers | Business Standard News–15.07.2017
“An insurer shall settle the claim within 30 days from the date of receipt of last necessary document. In case of delay in the payment
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