The tabling of the 2016-17 Economic Survey Part II in Parliament is delayed as top decision makers in the government asked Chief Economic Advisor Arvind
Month: July 2017
CAG, CSE rap crop insurance plans | Business Standard News–22.07.2017
Government-pushed insurance schemes have achieved little and only benefited entities in the sector, the office of the Union comptroller and auditor general (CAG) has concluded,
[ Supreme Court ] Privacy concerns | Business Line–22.07.2017
The Centre’s submissions to the apex court reflect a cavalier attitude to individual rights The country is poised at an intriguing moment: a nine-member bench
Indian Bank trims NPA to 4.05%; Q1 profit up 21% | Business Line–22.07.2017
Indian Bank has reined in its net NPA during the first quarter of FY18. For the quarter ended June 30, net NPA was lower at
IFCI must strengthen credit appraisal mechanism | Business Line–22.07.2017
The company is not adhering to its own General Lending Policy The Comptroller & Auditor General of India (CAG) has called for strengthening of the
Karnataka Bank targets Rs 2,500-cr export credit this fiscal | Business Line–22.07.2017
Karnataka Bank Ltd is aiming to achieve an export credit target of ₹2,500 crore during the current financial year. Delivering keynote address at the forex
RERA implementation likely to slow down project launches | Business Line–22.07.2017
Implementation of the Real Estate (Regulation and Development) Act, 2016 (RERA) will result in increased customer confidence and improved demand prospects over the long term,
GST: Shadow economy struggles under weight of India’s new tax regime–Economic Times–21.07.2017
By Iain Marlow and Anirban Nag On the edge of one of India’s biggest slums, Alauddin Ansari opens a paper ledger of daily sales at
Rahul Bajaj: Rahul Bajaj questions note ban, but praises GST–21.07.2017
Bajaj AutoBSE -0.22 % chairman Rahul Bajaj questioned whether demonetisation had achieved its aims while applauding the government for implementing the goods and services tax
GSTN: Goods and Services Tax Network will help in keeping strategic control: Prakash Kumar–21.07.2017
By Prakash Kumar, CEO, GSTN As is expected with any radical reform or transformation, the unrolling of the GST has also created quite a
loyalty points: Goods bought with loyalty points will face tax under GST–Economic Times–21.07.2017
Your shopping out of the accumulated loyalty or bonus points will face tax under the goods and services tax (GST) regime. GST would be levied
Income tax return: 6 ways to verify your income tax return–Economic Times–21.07.2017
As per the existing tax laws, a return filed by the taxpayer is not valid until it is verified as filed by the concerned assessee.
Bounty for the fiscal, iffy gain for oil–Economic Times–21.07.2017
The Cabinet nod for ONGC to buy out the government stake in the second-largest oil refiner and marketer, HPCL, is a bonanza for disinvestment proceeds
What does limited liability mean here?–Economic Times–21.07.2017
A bankruptcy court has reportedly ruled that a promoter cannot escape liquidation of her personal assets by simply filing for bankruptcy. Going after the personal
GST: New tax system brings pain, paperwork to India’s online sellers–21.07.2017
By Saritha Rai India’s new tax regime is causing widespread headaches for small merchants and the e-commerce companies they work with. The Goods and Services
Senior citizen pension scheme in India: 10 things to know about Pradhan Mantri Vaya Vandana Yojana – The Financial Express–21.07.2017
One can subscribe to the PMVVY Pension Scheme offline as well as online through the Life Insurance Corporation of India. Influenced by the success and
GST imapct: Retailers’ Association appeals for review of cash bills format – The Financial Express–21.07.2017
The Retailers Association of India (RAI) has appealed to the finance minister to simplify the prescribed sale invoice format for cash bills rendered to customers
Growth numbers to improve from June quarter, says Morgan Stanley report – The Financial Express–21.07.2017
Strong import growth in June points to continued recovery in India’s domestic demand and indicates that economic expansion will accelerate from the April-June quarter, says
GST protest: 2000 Tirupur garment units go on strike against 18 pct slab slapped on segment – The Financial Express–21.07.2017
Nearly 2,000 working units of the knitwear/readymade garment cluster in Tirupur, employing more than a lakh people, have called for a day’s strike on Friday
GST impact on economy: ADB says medium term growth in India set to get boost | Financial Express–21.07.2017
The goods and services tax is expected to boost growth in the medium term The Asian Development Bank (ADB) has retained its earlier growth forecast