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
Month: December 2017
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
रेरा कायदा –ग्राहकाला शक्ती कायद्याची! -महाराष्ट्र टाइम्स –०९.१२.२०१७
ग्राहकाला शक्ती कायद्याची! घरे व मालमत्ता खरेदी करणाऱ्या देशभरातील ग्राहकांचे हितरक्षण करण्यासाठी केंद्र सरकारने आणलेला रिअल इस्टेट (नियमन आणि विकास) कायदा, २०१६ (रेरा) हा कायद्याच्या
India losing comparative advantage in leading export sectors – The Financial Express–09.12.2017
In a massive relief to Indian exporters, the government announced liberal incentives of Rs 8,450 crore ($1.3 billion) in its mid-term review of the five-year
Ending exemptions can take tax-to-GDP ratio to 22 pct, says Narendra Modi’s chief economy advisor Bibek Debroy – The Financial Express–09.12.2017
Blaming India Inc’s lobbying for tax exemptions, Prime Minister’s Economic Advisory Council chairman Bibek Debroy has said eliminating such exemptions can help increase the tax-to-GDP
Govt moves to take control of Unitech; NCLT supersedes board | Business Standard News–09.12.2017
The corporate affairs ministry has moved the National Company Law Tribunal (NCLT) seeking management control of debt-ridden real estate company Unitech on the grounds of
New debit card charges may push retailers back to cash transactions | Business Standard News–09.12.2017
The Reserve Bank of India has revised merchant discount rate (MDR) from January next year. MDR will be 0.4 per cent of the purchase value
Bank insolvency Bill has safeguards for depositors | Business Standard News–09.12.2017
The Financial Resolution and Deposit Insurance (FRDI) Bill dealing with the insolvency of financial services providers such as banks seeks to provide protection to bank
Modi government’s split personality | Business Standard Column–09.12.2017
As befits an ageing journalist, I usually have an explanation for everything. But one aspect of the Modi government has completely flummoxed me. This is
Aim is to move towards three-tier GST: Bibek Debroy | Business Standard News–09.12.2017
The ultimate goal of the goods and services tax (GST) is to move towards a three-tier tax structure, said Bibek Debroy, Chairman of the Prime
Bitcoin hits $19,000: Growing bubble or golden opportunity for Indians? | Business Standard News–09.12.2017
Bitcoin has captured the imagination of investors across the globe, and the cryptocurrency has gained nearly 1,400% since the start of the year. The rally