One of the most puzzling proposals in the 2018-19 Union Budget was the imposition of long term capital gains (LTCG) tax. Finance Minister Arun Jaitley
Day: March 6, 2018
Missed Warnings How Watchdogs Failed To Spot 2 Billion PNB Fraud – BW Businessworld–06.03.2018
Gokulnath Shetty, a middle-aged bank manager of middling rank, spent his days in the foreign exchange department on the mezzanine floor of Punjab National Bank’s
TDS scam: 447 companies robbed tax department of Rs 3,200 crore, says report–Business Today–06.03.2018
Tax season is yet to really pick up pace in the country but tax scams are already hogging the headlines. Last month it was a
Banks may have to take 60% haircut in large NPA cases under IBC: CRISIL–Business Today–06.03.02018
The cases of non-performing assets (NPAs) which have been referred to the National Company Law Tribunal (NCLT) for resolution under the Insolvency and Bankruptcy Code
How to get your money back if you fall victim to online fraud–Business Today–06.03.2018
Narendra Pal, a government school teacher in Zirakpur near Chandigarh, got the shock of his life when he received an sms just before midnight that
Waning Interest in Stressed Assets- Business News–06.03.2018
Insolvency proceedings against the 12 big companies are the first test of the effectiveness of the Insolvency and Bankruptcy Code (IBC) in handling non-performing assets
E-way bill’s failure has led to chaos as states come out with their own rules–Business Today–06.03.2018
Harpreet Singh, Partner, Indirect Taxes, KPMG India, was on a post-Budget panel at a TV channel after the finance minister’s Budget speech on February 1.
[ IBC–Bank NPAs ] Acting in Haste- Business Today–06.03.2018
The world’s largest economy, the US, has seen a decline in bankruptcy momentum in the last decade. From 300 bankruptcy filings (with debt of $4,09,534
These 5 banks have highest number of wilful defaulters – The Financial Express–06.03.2018
These 5 banks have the highest number of wilful defaulters In the mid of February, a hidden fraud of Rs 11,400 crore, which rose to
I-T Dept probes Rs 10-bn tax refund fraud by govt and PSU employees | Business Standard News–06.03.2018
With less than a month left for revising income-tax (I-T) returns for 2016-17, the I-T department has unearthed a giant fraud in multiple cities, where
Who wants public sector bank reforms, anyway? | Business Standard Column–06.03.2018—–*****
Every few months, our public sector banks (PSBs) are in the news. One kind of news is about their huge losses. Some Rs 5 billion
LTCG tax: Gold, real estate may see revival over the next year | Business Standard Column–06.03.2018—–*****
The change in long-term capital gains (LTCG) tax on equity coupled to the related tax on equity-oriented funds could lead to significant changes in investment
RBI imposes penalty on Axis Bank, IOB – Business Line–06.03.2018
The Reserve Bank of India, it appears, is taking a serious view of violations of various regulations issued by it in the assessment of non-performing
If ‘jobs for all’ is not to be a distant dream – Business Line–06.03.2018—–*****
India’s demographic dividend is both an opportunity and a challenge. By 2020 its estimated average age of 29 and dependency ratio of 0.4 will be
‘No more tareek pe tareek’, says Bombay High Court | India News – Times of India–06.03.2018
“No more ‘tareek pe tareek’. Enough is enough,” an irked Bombay High Court said here while ruling out any more adjournments in a case, and
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