GST Network on Friday said businesses can now make changes to the forms uploaded on the portal to claim transition credit. “The facility to revise
Month: November 2017
GST grievances: Centre likely to announce procedure to address GST-related issues promptly – The Economic Times–10.11.2017
The government is looking to announce a procedure wherein the GST Council can address issues related to the indirect tax regime either suo motu or
Vistaar Finance: Lending to SMEs: How startups are grappling with the issue of combining tech and non-tech strategies – The Economic Times–10.11.2017
Tech that leverage technology to originate loans and for credit assessments and disbursals face myriad challenges. “There is no such thing as SMEs (small and
Keep promoter off liquidated assets, otherwise, bankruptcy politics will turn toxic–10.11.2017
The government’s new and improved rules for insolvency resolution are not good enough and will pave the way for huge political embarrassment for the government.
Demonetisation downer: Market oriented policies rather than disruptions can help India formalise–10 11 2017
The first anniversary of Prime Minister Narendra Modi’s demonetisation announcement was marked by a sharp debate between government and opposition on its outcome. One consequence
Goods and Services Tax: Make the network work–10.11.2017
By Najib Shah The launch of the goods and services tax (GST) on July 1was hailed as ‘transformational’. Four months down the line, all kinds
Demonetisation was for institutional cleansing, says Niti Aayog’s Bibek Debroy – The Financial Express–10.11.2017
NITI Ayog member Bibek Debroy admits that demonetisation was a temporary shock on growth but asserts that the economy has now climbed back. One year
Starting troubles | Business Standard Editorials–10.11.2017
Overall fund-raising by start-ups in India has registered a quantum jump. According to the latest report by information technology industry body Nasscom, the total start-up
Why compliance is low in GST | Business Line–10.11.2017
Good and simple tax? Well, not many seem to agree to that now. The number of registrations is inflated and does not represent the actual number
The Economy Debate-Mr. P Chidambaram and Mr. Rajiv Kumar– Business Today–10.11.2017
http://www.businesstoday.in/magazine/features/indian-economy-p-chidambaram-gst-job-creation-fiscal-stimulus-agriculture-crisis/story/262124.html The Indian economy is being buffeted by a series of crises. Economic growth has slowed down considerably. This has led to lower private investment,
Threat of ‘imported inflation’ looms as oil prices jump to $62/barrel–Business Today–09.11.2017
The sudden flaring up of oil prices to $62 a barrel will threaten the Indian economy as the impact can be severe for currency, foreign
How mutual funds benefited from demonetisation- Business Today –09.11.2017
A demonetisation announcement shook the nation on 8 November 2016. Although it was a one-time event, it appears that it did have an impact on
‘Dubious’ promoters should not get refuge under IBC: Sajjan Jindal – The Economic Times–09.11.2017
JSW Steel is one of the firms keen to buy stressed assets referred to National Company Law Tribunal. Indian companies and promoters battling to take
Uday Kotak: There is very limited room to reduce rates: Uday Kotak – The Economic Times–09.11.2017
There is a high probability that some of the 12 large accounts referred by the Reserve Bank of India for bankruptcy proceedings will be resolved
Why is it important to make a will? – The Economic Times–09.11.2017
Ask anyone if they have made their will, and the answer you will probably get is ‘I don’t need it right now’. It is estimated
Ease GST pain for small businesses: Let large buyers deduct GST on small supplies–09.11.2017
The Goods and Services Tax (GST) Council should lower the levy on many products that now attract 28% GST. Only demerit goods should attract the
Demonetisation anniversary: Note ban well accepted now as a political success; it may well be an economic triumph too, says Surjit Bhalla – The Financial Express–09.11.2017
Today is the first anniversary of an unprecedented and bold political and economic experiment—demonetisation (DM). Nobel laureates are cited to suggest that this was an
Cashless not possible, aim for ‘taxless’ economy: Demonetisation man Bokil | Business Standard News–09.11.2017
He is credited with pitching to Prime Minister Narendra Modi an idea that would lead to the government’s decision to revoke the legal tender status
Chidambaram says jobs, lives lost due to demonetisation Business Line–09.11.2017
Launching a scathing attack on the Modi government on the note ban anniversary, senior Congress leader P Chidambaram today said millions of people “suffered” and
Demonetisation: Here’s how RBI managed demonetisation – Ex Dy Governor RBI–The Economic Times–08.11.2017
By R Gandhi, Former RBI deputy governor On November 8, 2016, the Government of India announced the demonetisation of all Rs 500 and Rs 1,000