Come December, banks will have to grapple with the ethical and financial dilemma of dealing with failed promoters who try to claw back control in
Day: November 6, 2017
Demonetisation: Economy shaken, GDP hurt, trust in government undermined – The Economic Times–06.11.2017
By Biswajit Choudhury While the immediate impact of demonetisation was seen in the long queues outside ATMs and felt through acute cash shortage, its anniversary
rent agreement: 5 checkpoints before you sign a rent agreement – The Economic Times–06.11.2017
Go through the rent agreement for any specific terms and conditions that the owner may impose, in addition to the society’s rules. 1. Rent clause
New GST Rates: GST could soon be in for the most comprehensive tweak since its launch–06.11.2017
The goods and services tax could be in for a revamp that’s more comprehensive than the tweaks that have been made thus far to iron
Can a bank allow a company under insolvency to withdraw cash? – The Economic Times–06.11.2017
Can a bank allow a company, which is facing corporate insolvency resolution proceedings under Insolvency and Bankruptcy Code and has non-performing assets (NPAs) attached to
demonetisation: PM Narendra Modi’s big economic gamble in tatters as cash remains king – The Economic Times–06.11.2017
By Vrishti Beniwal, Jeanette Rodrigues and Hannah Dormido Corruption, black money, terrorism, fake currency — Prime Minister Narendra Modi resolved to eliminate all in one
Fix GST anomaly for service e-commerce–06.11.2017
Digital platforms for services such as carpentry, plumbing and cleaning face a goods and services tax (GST) problem that the GST Council should address. The
Prepare for oil price above $60 a barrel–Economic Times–06.11.2017
Governments can achieve fiscal discipline by curbing wasteful spending, prioritising investment over consumption expenditure and so on. In addition, they can just get lucky. When
GST Network: GSTN launches new facility for exporters to claim refunds – The Economic Times–06.11.2017
GST Network today said it has introduced a utility Table 6A in Form GSTR1 for exporters to claim refunds. An exporter can claim refund of
Defaulting promoters can submit bids for their companies? SBI chief Rajnish Kumar said this interesting thing – The Financial Express–06.11.2017
Defaulting promoters submitting bids for their companies under the insolvency resolution process are “within their rights” to do so, State Bank of India (SBI) chairman
Black money no longer cool due to demonetisation, but real issue is plight of SMEs hit by note ban, GST combo – The Financial Express–06.11.2017
A year after demonetisation, while the anticipated windfall of Rs 2-3 lakh crore—tax evaders were expected to not deposit their black money—did not materialise, the
Good news: Startups focussed on India’s big challenges, now to relook angel tax to boost funding – The Financial Express–06.11.2017
With over a thousand start-ups in 2017, India’s start-up ecosystem has never looked better—even though the mortality rate is as high as 35%, a Nasscom
One year of demonetisation: Changing goal posts and limited impact | Business Standard News–06.11.2017
Demonetisation was an attempt to address issues like black money, terror funding and counterfeit currency. Somewhere along the way, the goal post changed to digitising
What turned it around for India | Business Standard Column–06.11.2017
Some are calling it “leapfrogging” while others are describing it as “hitting a century”; nonetheless, the superlatives are falling short of describing what can be
Make it rule-based | Business Standard Editorials–06.11.2017
While the bad loans problem in public sector banks has long been understood, some recent problematic results and associated regulatory actions have highlighted that banks
Enforcement of contracts: Need to focus on ramping up court infrastructure | Business Standard Column–06.11.2017
Implementation of technology-intensive productivity improvements in courts is another key recommendation by experts India has improved its rank in enforcing contracts in the World Bank’s
Answer to security issues in e-money | Business Line–06.11.2017
In pursuit of a digital India, everyday transactions are gradually moving away from physical and migrating to digital. Existing e-money and mobile wallets provide improved