With the budget around the corner, Niti Aayog vice-chairman Rajiv Kumar told ET that the focus of the government should be on the creation of
Day: December 20, 2017
State Bank Of India: Bidders for stresed assets have to provide funding source, cheques – The Economic Times–20.12.2017
Banks led by the State Bank of IndiaBSE 0.17 % (SBI) have decided that bidders for stressed assets in ongoing insolvency proceedings will have to
GSTN: GSTN brings in option for monthly, quarterly filing of forms – The Economic Times–20.12.2017
Goods and Services Tax Network (GSTN), the IT backbone of the new tax regime, today said it has put a new function on its portal
FRDI bill: Why India needs a new legal framework to prevent bank failures – The Economic Times–20.12.2017
There has been a huge public outcry over how depositors’ money will be arbitrarily used to save dying banks. Safety of bank deposits has vaulted
Irrelevance of Liquidation Value in Insolvency & Bankruptcy Code–20.12.2017
By M R Umarji The Insolvency and Bankruptcy Board of India (IBBI) has framed regulations for insolvency resolution process which provide that liquidation value means
Insolvency and Bankruptcy Code: RBI asks banks, financial institutions to share info about assets of creditors with information utilities – The Financial Express–20.12.2017
The Reserve Bank today asked banks and other financial institutions to share information about assets of creditors with information utilities registered under the insolvency law.
Extend pre-GST duty drawback rates till June: Parliamentary panel – The Financial Express–20.12.2017
A parliamentary panel has suggested the government to extend the pre-GST duty drawback rates until June next year or till the revenue department comes out
Government recovered less than 9% service tax arrears in FY 2017, says CAG – The Financial Express–20.12.2017
The CAG audit said the special cells that were mandated with the task of identifying potential assessees were non- existent/non-functional in all the selected Commissionerates.
Stressed assets: Why throwing out promoters should not mean liquidating companies – The Financial Express–20.12.2017
The continuing bankruptcy filings with the NCLT for some of the largest NPAs and the recent bank recapitalisation announcements are welcome steps towards resolving the
FRDI Bill: In its current form it will throw up challenges for every banking segment – The Financial Express–20.12.2017
The Financial Resolution and Deposit Insurance (FRDI) Bill raises some very interesting issues for discussion. Banks are very unique entities. In case of non-bank corporates,
E-Way Bill complicates an already complex GST system – The Financial Express–20.12.2017
While it is true GST collections are falling short of estimates and that the system has not, as yet, been able to check tax evasion,
SME Chatroom: Several issues require the attention of DGFT | Business Standard News–20.12.2017
The Foreign Trade Policy (FTP) says that advance authorisation can be used for procurement from an Export Oriented Unit (EOU). It also says that EOUs
FRDI–Can we bank on our banks? | Business Line–20.12.2017
The Government must clear concerns around the FRDI Bill To say that there is panic among retirees, pensioners and those dependant on interest earned from
Transit gambit: on e-way bill mechanism for transport of goods – The Hindu–20.12.2017
Already grappling with the Goods and Services Tax transition, businesses are now anxious about how the roll-out of e-way bills will pan out. Starting February
