Government’s total collection under GST for the month of November 2017 has dropped to Rs 83,346 crore till 27th November 2017. The revenue collected under
Day: November 28, 2017
insolvency: Another twist in Insolvency as NCLT passes a new order – The Economic Times–28.11.2017
The National Company Law Tribunal has for the first time directed that a liquidator be appointed in place of an existing resolution professional in the
GST: Here’s what you can do if a restaurant overcharges even after the GST rate cut – The Economic Times–28.11.2017
Ever since the GST regime has come into force, establishments have been trying to find ways to trick the system. The government may have slashed
Insolvency and Bankruptcy Code: Govt shot in the foot by making IBC terms so exclusive: Mythili – The Economic Times–28.11.2017
ET Now: What do you have to say on the impact on banks after the changes to the insolvency and bankruptcy code? Some say buyers
Insolvency ordinance: Importance of being earnest–Economic Times–28.11.2017
By Arijit Barman Last week’s new insolvency Ordinance, barring all wilful defaulters, or incumbent promoters with bad loans for ayear or more, from the auction
India needs insolvency ordinance to deal with Rs 9.5 lakh crore bad loan monster – The Financial Express–28.11.2017
The Insolvency and Bankruptcy Code (IBC) amendment to plug a loophole in the law that allowed promoters to re-purchase their stressed assets at a discounted price
Insolvency process: Crackdown against defaulting owners is good; why no one should shed tears – The Financial Express–28.11.2017
Given how many promoters have often gamed the system and got away with defaulting on loans, leaving banks to take huge haircuts, it is only
No, India not strong enough yet: S&P’s status quo cools Moody’s upgrade | Business Standard News–28.11.2017
Standard & Poor’s stuck with its “BBB-minus” sovereign rating and “stable” outlook for India on Friday, declining to follow Moody’s recent decision to upgrade the
Crisil’s urges focus on labour-intensive sector’s issues as exports fall | Business Standard News–28.11.2017
At a time when global trade is set to accelerate, the fall in India’s export is disquieting and structural changes in labour-intensive sectors such as
Only ‘errant promoters’need fear IBC: entre | Business Line–28.11.2017
In defence of its recent insolvency ordinance, the government has asserted that the entire effort is aimed at “disqualifying errant promoters” while providing for a
New IBC provisions to deepen losses for banks: Report | Business Line–28.11.2017
Promoters of steel companies undergoing resolution under the bankruptcy code were keen to bid for assets but will not be able to do so now
Recovery of dues: SC ruling allows CBDT to withdraw court cases with retrospective effect | Business Line–28.11.2017
Providing major relief to corporates and small businesses, a Supreme Court ruling minimises pending disputes with tax authorities. The court has ruled that the notifications
New GST filing dates: GST rejig recap: A guide to all changes and revised tax filing dates – Times of India–28.11.2017
After the much needed rate overhaul in the ongoing Goods and Services Tax (GST) structure, there have been a slew of changes in the deadlines
HSN code: How to find HSN code for GST – Times of India–28.11.2017
With GST, most of the goods and services were classified uniformly using Harmonised Commodity Description and Coding System or HSN. The HNS is a multipurpose
Digital discount: rise in compliance burden feared – The Hindu–28.11.2017
The Goods and Services Tax Council’s proposal to offer a 2% discount for electronic transactions, likely to be discussed during its next meeting, will need
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