The IBBI late on Wednesday came with a circular prohibiting outsourcing which many professionals say is confusing. Insolvency professionals are flummoxed by the latest rule
Month: January 2018
GST–Do not rush to alter set GST deadlines–Economic Times–05.01.2018
Tax officials will reportedly start the process of matching returns and invoices under the goods and services tax (GST), after it had been announced that
Arun Jaitley in Rajya Sabha: Global slowdown main reason for weak economy – The Financial Express–05.01.2018
Union Finance Minister Arun Jaitley said in the Parliament today that Indian economy is facing many challenges. Jaitley stressed on the fact that global slowdown
Arvind Panagariya lauds this ‘mantra’ of Narendra Modi for his bureaucrats to move the nation forward – The Financial Express–05.01.2018
Writing in a paper published on the Columbia University website the famous economist offered a thumbs up to the government for successfully reviving the economy.
Niti Aayog’s three-point formula for India to beat China’s economic growth – The Financial Express–05.01.2018
India’s GDP growth made a comeback at 6.3% in the July-September period from a three-year low of 5.7% in the previous quarter due to disruptions
Budget 2018: What a widening fiscal deficit could mean | Business Standard News–05.01.2018—–*****
Deficit numbers seem to be playing havoc with the Union Budget projections. But you could trust the ingenuity of finance ministry mandarins to finally present
Feisty Jaitley defends handling of economy | Business Line–05.01.2018—–*****
Countering Opposition’s criticism, Finance Minister says inflation, fiscal deficit and credit rating have improved since UPA’s time Under attack from the Opposition on the state
FRDI Bill: clearing the air on the bail-in clause – The Hindu–05.01.2018—–*****
Deposits up to ₹1 lakh are insured The government on Tuesday issued another clarification on the Financial Resolution and Deposit Insurance Bill in a bid
Worried somebody else is using your Aadhaar data? Here’s how to check–05.01.2018—–*****
The increasing foothold of Aadhaar in our lives has been constantly accompanied by a fear of misuse of data available with the unique identification system.
insolvency: IBBI bars insolvency professionals from outsourcing their responsibilities – The Economic Times–04.01.2018
“IPs shall not require any certificate from another person certifying the eligibility of a resolution applicant,” IBBI said. The Insolvency and Bankruptcy Board of India
Ex RBI Governor Subbarao: Financial inclusion drive must target the poor: Former RBI Governor D Subbarao – The Economic Times–04.01.2018
Subbarao, who delivered the lecture on “Reserve Bank of India – Making a difference to everyday lives”, discussed several issues relating to the RBI’s functioning,
Bankruptcy: IBC’s objective not to emphasise on liquidation: NCLT – The Economic Times–04.01.2018
National Company Law Tribunal (NCLT) president M M Kumar today said the objective of the Insolvency and Bankruptcy Code (IBC) is to find appropriate solution
GST–Why benefits of e-way bill must be contrasted with its disruption – The Financial Express–04.01.2018
Given how companies are yet to come to grips with GST, the planned launch of the e-way bill for inter-state shipments from February 1 is
Flexibility on bankruptcy | Business Standard Editorials–04.01.2018
Parliament on Tuesday gave its assent to the amendments that the government had proposed to the Insolvency and Bankruptcy Code, or IBC. These are meant
With IBC, banks will decide their fate | Business Standard News–04.01.2018
The government could be looking at giving tax exemptions to buyers of stressed assets because they may otherwise ask for more haircuts on assets. This,
GST: Chaotic tax overhaul bad news for truckers, cross-border trade | Business Standard News–04.01.2018
Post-GST, over 20 states have done away with the check post which has reportedly reduced transit time of transportation by 30-40 per cent. But industry
More MSMEs register with M1 Xchange for online trade receivables discounting | Business Line–04.01.2018
The platform will improve fund flow to small units by reducing the receivables realisation cycles Micro, small and medium enterprises (MSMEs), which were hitherto struggling
On the ledger: on fiscal consolidation – The Hindu–04.01.2018
Eight months into the financial year, or until end November, the Union government’s fiscal deficit — the amount by which its expenditure exceeds revenue —
FRDI–No need for bail-in in 98 per cent cases, says Subhash Garg–04.01.2018
Economic affairs secretary Subhash Chandra Garg on Wednesday said that there is no likelihood of bail-in for over 98 per cent of bank depositors which
Pre-GST credits soar to Rs 90,000 cr – The Financial Express–03.01.2018
The higher-than-expected utilisation of input tax credits, including the transitional credits, has been cited by the government as one of the reasons for the sharp
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