Mutual funds are advertised with the rider that they are subject to market risks, but what about fixed deposits? While caution is thrown to the
Day: December 11, 2017
Only 31% Indians have separate health policies – The Hindu–11.12.2017
Indians are more likely to have a vehicle or life insurance than health insurance, according to a survey by private research firm, Chrome Data Analytics
How Paytm Payment Bank, Airtel Payment Bank are different from normal banks
Digitalization has taken the center stage now more than ever. Banking and all other kind of financial services has made its presence in the digital
Checking PF Balance, raising claim, applying for PAN and other things you can do using UMANG app–11.12.2017
UMANG (Unified Mobile Application for New-Age Governance), a master app launched by the government to provide the access to various government services at one place.
Promoters’ equity will be eventually cancelled after resolution under bankruptcy: Corporate lawyer Shardul Shroff
With each passing day, more doubts and questions are emerging about the recent amendments introduced in the bankruptcy code. There are some who are even
Insolvency and Bankruptcy Code: Insolvency law: IBBI notifies norms for complaint handling – The Economic Times
The regulations for grievance handling procedure under the Insolvency and Bankruptcy Code have been notified, wherein the filing fee will be refunded to the stakeholder
YV Reddy: Ex-RBI Governor YV Reddy sees GST, note-bank shocks lasting for two more years – The Economic Times–11.12.2017
Refusing to hazard a guess on GDP growth in the short-term given the “shocks” like GST, note-ban and the mountain of bad loans, former Reserve
Lowering merchant discount rate: The government and the RBI can subsidise it
After the RBI capped the merchant discount rate (MDR) on debit cards at differential rates depending on merchant turnover, retailers have started complaining loudly and
Insolvency law: IBBI notifies norms for complaint handling – The Financial Express
The Insolvency and Bankruptcy Board of India (IBBI), which is implementing the Code, has notified the regulations and will be applicable for all stakeholders, including
Insolvency and Bankruptcy Board of India notifies Regulations for handling of grievances and complaints; all details here – The Financial Express
In a major development, the Insolvency and Bankruptcy Board of India (IBBI) has notified the Regulations for handling of grievances and complaints. Finance Ministry has
No soft approach to large GST evaders: Tax officials – The Financial Express
A view has emerged at a high-level meeting of tax officials on Saturday to tighten the monitoring of taxpayers who have shown a big divergence
Firms, lenders ask RBI to extend insolvency deadline | Business Standard News
With time running out for a resolution of the second list of non-performing assets (NPAs) on the Reserve Bank of India (RBI) list, lenders and
Farm income security | Business Standard Editorials–11.12.2017
The farmers’ demand at the pre-Budget consultations with Finance Minister Arun Jaitley for an income security law, even though impractical like the concept of universal
Brief case: Small-scale unit that grows loses I-T benefit | Business Standard Column–11.12.2017
The Supreme Court last week ruled that a small-scale industry cannot claim income tax benefits given to it earlier if it ceases to be one.
What is the treatment of sales return under GST law? | Business Standard News
Please clarify whether advances received under the goods and services tax (GST) regime would attract tax and the document that needs to be raised at
Needs a rethink | Business Line–11.12.2017
The Centre and the JPC must allay depositor concerns on bail-in, in the FRDI Bill There is furious public debate around the Financial Resolution and
Assuring depositors | Business Line–11.12.2017
Why should they suffer if a bank goes belly-up? The extent to which Indians are attached to their bank balances was visible a couple of
What does the FRDI Bill do for you? – The Hindu–11.12.2017
The FRDI Bill is part of a larger, more comprehensive approach by the Centre towards systematic resolution of all financial firms — banks, insurance companies
Only two broad changes in FTP | Business Standard Column
There are two major highlights of the revised Foreign Trade Policy (FTP), unveiled last week. One, increases in duty credit entitlements for specified products and
