The Central Board of Direct Taxes wants companies to voluntarily disclosure their estimated current income and advance tax liability. This is a bad idea, and
Day: September 25, 2017
How India can regain GDP growth momentum; this critical step is a must – The Financial Express–25.09.2017
That advance payments made by large companies and banks in Mumbai have seen an increase of just 2% doesn’t come as a surprise. Corporate earnings
Crisis at PSU banks: Why Centre must recapitalise banks ASAP; here is the best way forward – The Financial Express–25.09.2017
The government, it would appear, has finally come around to the view that PSU banks need a more aggressive recapitalisation plan than the Rs 70,000
Are Niti Aayog measures to boost agriculture old wine in a new bottle? Check out what is on its agenda – The Financial Express–25.09.2017
Ashok Gulati & Siraj Hussain Last month, NITI Aayog released its three-year action agenda (TYAA) for the government as a road map for reforming various
Why RBI must target unhedged ECBs; Jamal Mecklai explains – The Financial Express–25.09.2017
Many years ago, when the rupee was constantly under threat to weaken, RBI often railed against speculators and, indeed, acted from time to time, for
Additional funds may go to housing, MNREGA to generate jobs, spur growth | Business Standard News–25.09.2017
Looking at multiple options to spur growth and generate jobs, the Centre is zeroing in on housing and social sector schemes, besides focusing on women’s
GST: What are consequences of procuring goods from an unregistered vendor? | Business Standard News–25.09.2017
Our client is a partnership firm, trading in shares and securities. They also have income from investment consultancy and have obtained a GST (goods and
Insolvency proceedings: Amend laws to recognise the concept of buyer’s lien | Business Standard Column–25.09.2017
Neither the Real Estate (Regulation and Development) Act (RERA) nor the Insolvency and Bankruptcy Code (IBC) sufficiently addresses the concerns of homebuyers Insolvency proceedings initiated
I-T self-assessment filings under lens | Business Standard News–25.09.2017
The income-tax (I-T) department is suspecting that taxpayers are understating their advance tax liabilities under self-assessment in the early quarters of the year and showing
Reform, don’t spend | Business Standard Column–25.09.2017
I suppose we should be grateful. After months and months in which voices have been raised in concern about a serious and structural slowdown in
More trouble ahead for export trade | Business Standard Column–25.09.2017
Last week, many organisations had represented the difficulties of exporters under the new Goods and Services Tax (GST) regime. They’d done so before the panel
De-Tax: What’s changed for professionals after GST | Business Line–25.09.2017
It’s more than two months since the Goods and Services Tax has taken over the previous indirect tax regime and most businesses and professionals have
P2P lending: Direct selling agents may come under RBI regulatory ambit as NBFCs | Business Line–25.09.2017
The Reserve Bank of India’s recent move to regulate peer-to-peer (P2P) lending platforms as non-banking financial companies (NBFCs) has created a grey area of sorts,
FinMin plans Mudra promotion camps from Sept 27 | Business Line–25.09.2017
In a bid to accelerate self-employment opportunities, the Finance Ministry has decided to organise Mudra promotion camps across the country beginning September 27 from the
’Change in fiscal consolidation roadmap to hurt investor sentiment’ | Business Line–25.09.2017
Global investors view India favourably not just for its growth outlook, but also because of its robust/stable macro story The Government has been under pressure
The faltering economy — On the weak numbers – The Hindu–25.09.2017
A set of weak economic numbers has left the Central government scrambling to do something to set things in order. Finance Minister Arun Jaitley last
Recognising Alzheimer’s – Caregivers need to be empowered, educated, and supported–The Hindu–25.09.2017
It’s a terrifying disease and its onset can be bewildering for family members. But the signs are recognisable. It all begins with uncle Vivek having
Who’s lending to Indian businesses? – The Hindu–25.09.2017
With the banks busy chipping away at their mountain of bad loans and operating on precarious levels of capital, who will fund the credit needs
‘GST: MSMEs to gain via better competitiveness’ – The Hindu
Booster potential: The market for MSMEs will grow as tax complexities of interstate sales disappear. The Goods and Services Tax (GST) is all set to
‘Interest rates, rupee hurting growth’ – The Hindu
Businessman looking down at the falling red arrow destroying a concrete barrier. Collapse and drop. Fall and depreciation. Regression and deterioration. Crisis. Better exchange rate