In a major development, PM Narendra Modi led Central government has notified the post-GST rates to boost exports and employment generation in the labour intensive
Month: November 2017
I-T returns: All revised I-T returns post demonetisation under lens – The Economic Times–26.11.2017
In the days after demonetisation, thousands handled their hidden cash by dumping the currency in banks, filing a revised income-tax return, and forking out a
National Company Law Tribunal: Insolvency ordinance may see 100-150 cases reopen – The Economic Times–26.11.2017
The Insolvency & Bankruptcy Board of India (IBBI) too has written to the insolvency professionals seeking a host of details on bidders The Ordinance to
Tips to help SMBs build an effective online presence – The Economic Times–26.11.2017
By Jasminder Singh Gulati Digital adoption by Indian SMBs has traditionally been extremely low. However, adoption of advanced business digital technologies can help them increase
RBI, MPC imposed big cost on economy, says Surjit Bhalla – The Financial Express–26.11.2017
A year has passed since the first meeting of the Monetary Policy Committee meeting in October 2016. An in-house observation (by MPC member Michael Patra
Lending to SMEs seen rising 11% over two years – The Hindu
via Le Lending to small and medium enterprises (SMEs) is projected to grow at 11% over the next two fiscal years, said rating agency
‘GST on fuel: States’ nod key’ – The Hindu
Chief Economic Advisor Arvind Subramanian on Friday said going forward there will be fewer GST rate slabs and petroleum products are to be brought under
Data deficiency on informal economy a matter of concern: NITI Aayog’s Bibek Debroy – The Economic Times–25.11.2017
Little or no data about India’s vast informal and micro industries is creating a blind spot for policy makers and in increasingly becoming an area
Revised IBC: Lenders brace for higher haircuts | Business Standard News–25.11.2017
Amendments to the Insolvency and Bankruptcy Code (IBC) are likely to make lenders take large haircuts as suitors drive a hard bargain to buy cheaper
T N Ninan: A bone in the throat | Business Standard Column–25.11.2017
The more one understands how the goods and services tax (GST) has been working, the more the question poses itself: Is this a bone that
Keeping promoters out could hit bankruptcy process, say lawyers – Times of India–25.11.2017
Debarring promoters from bidding for their own companies placed on the block in insolvency proceedings would dilute the competitive process, suppressing valuations, said lawyers and
insolvency ordinance: New insolvency ordinance: Will it hurt small companies? – The Economic Times–24.11.2017
Debt resolution for smaller companies may see higher challenges and number of companies going for liquidation may rise once the proposed changes to the Insolvency
Insolvency and Bankruptcy Code: IBC ordinance: Several companies say not ‘wilful defaulters’ – The Economic Times–24.11.2017
Several companies whose assets are facing insolvency proceedings today said they were not wilful defaulters and would like to participate in the bidding process if
bad loans: ‘Dirty dozen’ debtors lure big funds to their bad loans – The Economic Times–24.11.2017
Investing in India’s bad debt, however, entails challenges. There are questions as to whether the companies can meet deadlines under the new bankruptcy code to
Bankruptcy: Bankruptcy code changes comfort for new investors: Stakeholders – The Economic Times–24.11.2017
The President’s assent to the ordinance to amend the Insolvency and Bankruptcy Code (IBC) that will bar defaulters from bidding for the stressed assets on
Welcome move to tighten IBC norms–Economic Times–24.11.2017
It is welcome that the government has tightened the eligibility norms for bidding for companies being resolved under the Insolvency and Bankruptcy Code (IBC), to
Facebook to help small businesses in the country, train half a million Indians by 2020 – The Economic Times–24.11.2017
Facebook Digital Training and Facebook Startup Training Hubs have been launched for personalised online learning to help small businesses and people in India grow by
Blow to wilful defaulters: Loan cheats thought they are smart but Arun Jaitley has stumped them – The Financial Express–24.11.2017
Essar Steel Ltd has a loan default of Rs 37,284 crore. In August, the National Company Law Tribunal (NCLT) admitted insolvency proceedings against it. Two months
Economic slowdown bottomed out, recovery rests on government steps, says Dun & Bradstreet report – The Financial Express
The slowdown in the economy has bottomed out and going forward, the pace of recovery will depend on initiatives the government takes to boost growth
The other side of GST story: How removal of ITC is affecting restaurants – The Financial Express–24.11.2017
It was decided that the customers will have to pay a uniform GST rate of 5 per cent on restaurant bills. During the 23rd GST
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