The Reserve Bank of India has assured banks that they can classify priority loans extended to defaulting companies in the bankruptcy process as standard debt
Day: September 20, 2017
Arun Jaitley: Modi government finds a fix for India’s big economic worries; remedial measures likely soon – The Economic Times–20.09.2017
The government may soon unveil a package of measures to speed up growth, generate employment, lift exports and step up investment in infrastructure. A broad
Income Tax Department: Companies, HNIs may soon have to specify reason for paying less advance tax than previous year – The Economic Times–20.09.2017
Companies and taxpayers getting their accounts audited will be required to submit income estimates and tax liabilities for six months of the financial year to
Indian Pharma’s sector is losing sheen as prize manufacture–Economic Times–20.09.2017
A serious malady afflicts the Indian pharmaceutical sector. Export growth is virtually flat at $16.8 billion and, in fact, has declined a wee bit last
State Bank of India: How a quashing petition twists loan default case–Economic Times–20.09.2017
The State Bank of IndiaBSE -0.87 %, the leading lender to Shree Ganesh Jewellers, now has to contend with a fresh twist in its criminal
Realty firm: Unitech serious developer, not fly-by-night operator: Chairman – The Economic Times–20.09.2017
Crisis-hit realty firm UnitechBSE -2.09 % today said it is a serious developer and not a fly-by-night operator, while promising that buyers will be compensated
GST disruption grossly underestimated, here’s why India needs simple rule not this ‘imperfect structure’ – The Financial Express–20.09.2017
The disruption caused by the implementation of the GST has been grossly underestimated. While trade and industry are limping back to normalcy, the jury is
Why Modi government must provide sops to encourage digital payments – The Financial Express–20.09.2017
Ahead of RBI’s final guidelines on merchant discount rates (MDR)—the rate that merchants pay credit card companies—the government has indicated to the central bank that
Taken home loan? Here’ why you must buy a home insurance policy as well – The Financial Express–20.09.2017
If you have taken a home loan to buy the house, the home insurance will work as security for your loan. In some cases, banks
Economic slowdown is real, not just technical, says SBI Research – The Financial Express–20.09.2017
Noting that the economy has been on a downslide since September 2016, SBI Research today said the slowdown is real and not technical and called
PMO brainstorms with finance ministry on growth, jobs – The Financial Express–20.09.2017
The Prime Minister’s Office has asked the finance ministry to hold discussions with key ministries and stitch together a comprehensive presentation on ways to create
GST a tectonic shift, takes India closer to 8% plus growth: World Bank – The Financial Express–20.09.2017
World Bank India chief Junaid Ahmad today described GST as a “tectonic shift” in the country’s taxation policy which has increased the possibility of 8
Anti-dumping duty on import of bus,truck tyres from China – The Financial Express–20.09.2017
India has imposed anti-dumping duty on import of certain type of radial tyres used in buses and trucks to protect domestic manufacturers from below cost
Fast-track GST refund, else Rs 65,000 cr may be stuck: Exporters ask government – The Financial Express–20.09.2017
Council for Leather Exports Vice Chairman P Ahmed said that exporters are faced with challenging times due to GST and need immediate refund of taxes.
Make own strategy to double farmers’ income: Centre to states — The Financial Express–20.09.2017
Union Agriculture Minister Radha Mohan Singh today urged states to chalk out their own strategy to achieve the target of doubling farmers’ income by 2022.
Why abolishing personal income tax may not be a good idea – The Financial Express–20.09.2017
The meager percentage of taxpayers in India is good enough for many economists to argue against the regressive personal income tax. “India has become largely
Five common issues which users of GST Network face while using the portal – The Financial Express–20.09.2017
Even as the government looks to resolve the glitches of the GST Network, dealers using the network continue to grapple with technological issues on the
Narendra Modi meeting Arun Jaitley today; here’s what they should discuss to prop up economy — The Financial Express–20.09.2017
Prime Minister Narendra Modi will meet Finance Minister Arun Jaitley and other officials today to take stock of the economic slowdown and discuss remedial measures.
Falling GDP growth: Manmohan Singh says demonetisation hit India hard; Arun Jaitley lists out achievements – The Financial Express–20.09.2017
Former Prime Minister Manmohan Singh has taken a dig at PM Narendra Modi and BJP-led government at the Centre saying the demonetisation move and decision
FM Arun Jaitley hopes digital payment bound to pick up with new technology – The Financial Express–20.09.2017
Finance Minister Arun Jaitley today said compulsion of going digital post note ban has become a habit and e-payments will gather pace on account of
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