Banks are saddled with non-performing assets (NPAs) of over Rs. 7 lakh crore. According to the government, NPAs have reached unacceptably high levels and need
Month: July 2017
Crop insurance scheme: Public audit of private insurers, a must | Business Line–23.07.2017
The Comptroller and Auditor General has called for public audit of private insurance companies as they have been given huge funds as subsidies from the
Hindustan Zinc: Strong prospects getting priced in | Business Standard News–23.07.2017
Hindustan Zinc’s performance in the June quarter may have been softer than its record March quarter numbers with zinc and lead prices seeing some correction
GSTN: GST Networks to analyse statistics of registered taxpayers–Economic Times–22.07.2017
Three weeks into the new tax regime, the Goods and Services Tax Network (GSTN) has said that it will analyze the statistics of tax payers
Why it will be hard for RBI to not cut rate in August policy review–Economic Times–22.07.2017
Overall, given the not-so-adverse global environment and benign inflation trajectory, it will be very difficult for RBI to provide a rationale for not easing in
GST audits: Government draws up checklists for GST audits–Economic Times–22.07.2017
The Centre has created a detailed road map for goods and services tax (GST) audits barely 20 days after the levy’s rollout, listing risks, target
GST Simplified–Economic Times–22.07.2017
All Questions Q. Currently if there is any inter-state sale, then waybill is required to be issued? A.Eway bill under GST regime has been postponed
TDS certificates: What you must check in your TDS certificates, Form26AS & why they should match–Economic Times–22.07.2017
You should ensure that TDS certificates (Form 16/16A) issued to you are downloaded only from TRACES. 1. TDS certificates should be downloaded only from TRACES
New oil: Data has become the new oil, says Nandan Nilekani–Economic Times–22.07.2017
Describing data as the “new oil“, Infosys co-founder Nandan Nilekani today said India has a chance to build a completely new paradigm as he made
GST must not turn into instrument for pushing small and informal out of economic mainstream – The Financial Express–22.07.2017
The problems might continue for several businesses even after they migrate to GST if they are part of value-chains that rely extensively on products not
GST deadline: Tax composition scheme last date extended till August 16 – The Financial Express–22.07.2017
The government today extended the deadline for small businesses to opt for the composition scheme in the GST regime by nearly four weeks to August
GST impact: 77.5 lakh traders registered under GSTN till July 18, says Santosh Kumar Gangwar – The Financial Express–22.07.2017
The government today said as many as 77.5 lakh traders are registered on GSTN and help desks have been set up in every commissionerate to
One out of four is not a good score | Business Standard Column–22.07.2017
The Modi government completed three years in office in May this year. The customary assessments followed. They were all made in the aftermath of the
Don’t invest less only because inflation is low | Business Standard News–22.07.2017
Consumer Price Index (CPI)-based inflation was down to a record low of 1.5 per cent in June, from 2.2 per cent the previous month. CPI
GST Impact: MSMEs learn to deal with reverse charge mechanism the hard way | Business Standard News–22.07.2017
The new indirect tax regime is having the effect akin to setting a cat among pigeons for thousands of micro and small businesses across the
DHFL profit up 29% to Rs 260 cr in June quarter on lending push | Business Standard News–22.07.2017
Mortgage lender DHFL on Friday reported a 29 per cent rise in net profit at Rs 260 crore for the first quarter ended June on
GST provider Vayana Network raises Rs 26 cr in latest series A funding | Business Standard News–22.07.2017
Pune-based Goods and Services Tax Network (GSTN) provider Vayana Network has received over Rs 25.7 crore from IDG Ventures and Jungle Ventures in series A
GVK Power, JP Associates, Welspun Corp, HEG hit 52-week highs | Business Standard News–22.07.2017
GVK Power & Infrastructure, Jaiprakash Associates, Welspun Corp and HEG hit their respective 52-week highs, trading higher by up to 20% on BSE in otherwise
Few takers for simple tax for small businesses: A look at Composition Scheme under GST | Business Standard News–22.07.2017
The introduction of the Goods and Services Tax (GST) has led to a sea change in the taxability of supplies and procedure/compliances to be followed
Worst over, funding crunch eases for start-ups | Business Standard News–22.07.2017
Fundraising scenario could be easing for start-ups. If you leave out the year 2015, which was an aberration, fundraising could be returning to levels seen
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