Finance Minister Arun Jaitley said today that the impact of structural reforms is “behind us” and the early economic indicators point to an improvement. Structural
Month: November 2017
One year of demonetisation: Microfinance industry recovering slowly | Business Standard News
With the completion of one year of demonetisation, leading players of the microfinance industry (MFI) were of the view that things were recovering slowly and
Change 28% slab to 18%: Amit Mitra | Business Standard News–08.11.2017
West Bengal Finance Minister, Amit Mitra has written to Union Finance Minister Arun Jaitley to change the 28 per cent bracket to 18 per cent
Only luxury and ‘sin’ items could be left in highest slab | Business Standard News–08.11.2017
Furniture, electric switches, shampoos, sanitary ware and handicrafts might be brought to 18 per cent, from 28 per cent now, sources said. Also, Finance Minister
Financial system much cleaner now: Jaitley | Business Line–08.11.2017
Taking on those who opposed to the decision to withdraw 86 per cent of the currency in circulation on November 8, 2016, Jaitley said
‘I consider demonetisation an investment’ | S Gurumurthy–Business Line–08.11.2017
Demonetisation has affected all sections of the society “However, it is a corrective step. I consider demonetisation as an investment,” said economist and journalist S
Post re-cap, banks may take sharp haircuts to end steel sector exposure | Business Line–08.11.2017
The ₹2.11-trillion ($32 billion) recapitalisation support to be provided by the government to State-run banks may prompt them to take bigger haircuts on their exposure
Insolvency code: Due diligence framework tightened for resolution applicants | Business Line–08.11.2017
The Insolvency and Bankruptcy Board of India (IBBI) — the insolvency regulator — has tightened the due diligence framework on resolution applicants, including promoters. Corporate
Chase reforms, not ranks | Business Line–08.11.2017
Ease of doing business should impact small businesses, too The World Bank’s Ease of Doing Business 2018 report is not about the legal and regulatory
‘With increasing use of data analytics tools, tax department’s capabilities of data mining have increased manifold’–08.11.2017
What’s the impact on tax base and tax collection as a result of demonetisation? Cash held in old high denomination notes lost its anonymity as
Aiming high, looking far | The Indian Express–08.11.2017
If the problem is jobs, we should throw money from helicopters and bust the government budget. A young person at a recent job fair in
Govt may review monthly GST return filing process – The Economic Times–07.11.2017
The government may review the requirement of filing at least three returns every month under the GST regime with a view to easing compliance burden
Stop power theft, for India’s sake–07.11.2017
It is unfortunate that continuing laxity on collecting payment for the power that is distributed threatens to upend sector reforms, and unravel an unprecedented bond
One year of demonetisation: Currency purge trips growth pace | Business Standard News–07.11.2017
In a country that transacts primarily in cash, this decision, which withdrew 86 per cent of the currency in circulation, caused widespread havoc, disrupting economic
The demonetisation puzzle | Business Standard Editorials–07.11.2017
A year after Prime Minister Narendra Modi stunned the nation by announcing the demonetisation of high-denomination currency notes, the government and the Bharatiya Janata Party
A fair chance | Business Standard Editorials–07.11.2017
As the Indian financial sector faces a serious problem with bad debt, a ray of hope on the horizon is the modern insolvency process. The
GST: Profiteering check now picking up | Business Standard News–07.11.2017
Kerala’s screening committee collected price information for over 600 items in the pre-GST and post-GST periods and suspected overcharging in 430 items The anti-profiteering mechanism
Can supplier adjust deposited CGST and SGST with IGST? | Business Standard News–07.11.2017
I had undertaken an interstate transaction on which I understand integrated goods and services tax (IGST) should be applied. However, at the time of the
SME Chatroom: In case of inter-state supply, supplier should charge IGST | Business Standard News–07.11.2017
I am a registered dealer at Kolkata (‘A’) and have purchased goods from a registered dealer of Mumbai (‘B’) for the purpose of re-sale to
Congress to seek overhaul of GST at next Council meet | Business Standard News–07.11.2017
The state finance ministers of Congress-run governments said on Monday they would demand an overhaul of the goods and services tax (GST) at the next
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