Filing income tax returns by due date is crucial, but equally important is to file these correctly. If you don’t do so, expect a notice
Day: July 31, 2017
Retail sales: GST impact: Auto sales hit a speed breaker in July–Economic Times–31.07.2017
To India’s automakers, the single producer tax appears to have given mixed signals. Ahead of its introduction, the Goods and Services Tax (GST) had triggered
Bank of India: BoI has been aggressive in making provisions: Dinabandhu Mohapatra–Economic Times–31.07.2017
The new managing director of Bank of India¸ Dinabandhu Mohapatra , is confident it will not face Reserve Bank of India‘s (RBI) restrictions despite posting
Onion: Onion prices pick up after a slump–Economic Times–31.07.2017
Tomato prices, which have skyrocketed up to Rs 100/kg, are more likely to decline over the next fortnight as supplies from southern and other growing
These startups are demystifying blockchain–Economic Times–31.07.2017
In August 2016, together with friend Shinam Arora, Rohan set up Primechain Technologies with the objective of creating blockchain solutions. Blockchain, the technology behind bitcoins,
The GST story is one of initial success | Business Standard–31.07.2017
It is almost a month now that the goods and services tax (GST) regime has been operational. In terms of the constitutional amendment made last
Export norms changed further to clear procedural mess post-GST | Business Standard–31.07.2017
Exporters also wanted clarity on whether IGST on exports should be paid in FOB or cost and freight In a move to sort out the
RBI not the only central bank to get inflation forecast wrong: Rakesh Mohan | Business Standard–31.07.2017
The book says that though economic reforms were triggered by the twin balance of payments and fiscal crisis, those were largely homegrown and were the
More hype than substance | Business Standard–31.07.2017
The Nifty created history last week by moving past 10,000 on the back of concerted buying from every class of investor. Foreign portfolio investors (FPIs)
RBI must cut interest rate by at least 25 basis points: Assocham | Business Standard–31.07.2017
Ahead of the Reserve Bank of India’s (RBI) forthcoming monetary policy review next week, industry chamber Assocham (Associated Chambers of Commerce and Industry of India)
GST impact: Trucks’ travel time in interstate movement drops 20%, says govt | Business Standard–31.07.2017
Post-GST, travel time for long-haul trucks have reduced by at least a fifth, Ministry of Road Transport and Highways has said. “A typical truck spent
Subdued demand may force relook at GST composition scheme | Business Standard–31.07.2017
With just about one lakh of 70 lakh businesses opting for GST Composition Scheme, tax authorities are reviewing why the scheme that allowed such entities
GST: How can someone take input tax credit on bank charges? | Business Standard–31.07.2017
There is a party A in a foreign country that wants to market its products in India. We represent party A in India and help
GST challenge for professionals and freelancers | Business Standard–31.07.2017
Professionals and freelancers will probably be the most impacted by the new goods and services Tax (GST). Many would need higher working capital and might
Internet of Things security is top-of-mind for consumers across the globe | Business Standard–31.07.2017
IoT (Internet of Things) security is top-of-mind for consumers across the globe, according to new research from digital platform security provider Irdeto. The survey found
A government that takes jobs away | Business Standard–31.07.2017
It has been over two months since the last official growth data were made available. That print showed that gross value added at basic prices
Yes, the rupee can appreciate more | Business Standard–31.07.2017
Quite a bit of economics is unfortunately about zero-sum games. Portfolio investors in India clearly have reason to cheer but on the flip side exporters
Monetary Policy Committee: Credibility and consistency | Business Standard–31.07.2017
Come August 2, the six-member Monetary Policy Committee (MPC) will announce its verdict. This is the sixth meeting of the committee and much water has
T N C Rajagopalan column: DGFT slackness on needed GST detail | Business Standard–31.07.2017
In the run-up to the goods and services tax (GST) regime, the commerce ministry seems a spectator. The Directorate General of Foreign Trade (DGFT) sought
GST regime: Filing returns is the next challenge | Business Line–31.07.2017
Taxpayers have to file their GSTR 1 by September 5 About 80 lakh taxpayers, over a dozen clarifications from the government, nearly 500 official workshops