Talking to ET Now, Sachin Menon, Head of Indirect Tax, KPMG, says even in cases where the system is working, officers are sitting on the
Month: March 2018
No decision on GST return simplification, E-Way bill to be implemented from April 1 – The Economic Times–11.03.2018
The 26th GST Council meeting on Saturday failed to come up with any conclusive simplification process after deliberating on two models and has now postponed
GST Council defers e-Wallet by 6 months, current system of tax exemptions for exporters to continue – The Economic Times–11.03.2018
The 26th GST Council meeting on Saturday decided to defer the implementation of the e-Wallet scheme by six months and exporters presently availing various export
GST Council Meet: E-way Bill to be rolled out from April 1 – The Financial Express–11.03.2018
The GST Council has approved the roll-out of the E-way Bill from April 1 for the interstate transportation of goods. At the 26th GST Council
Insolvency resolution: Promoters of stressed MSMEs to get relief – The Financial Express–11.03.2018
Banikinkar Pattanayak | In a move aimed at providing relief to the micro, small and medium enterprises (MSMEs), a panel set up to look into
Careful in diluting IBC law, put some checks instead – The Financial Express–11.03.2018
The changes are probably being considered with a view to facilitating more transactions; there is a feeling some of the clauses may be constricting to
Deterring fugitives – Business Line–10.03.2018
As Indian banks’ gross NPAs nudge ₹8 lakh crore and new mega-frauds like PNB’s tumble out of the closet, there is mounting public anger against
If Arun Jaitley has his way, govt will stop declaring its revenue deficit figures – ThePrint–09.03.2018
Concealing revenue deficit information from the public sets a detrimental precedent, and makes the government less transparent and less accountable. “Upon my back to defend
CBI wants to conduct narco test, but Karti Chidambaram has right to refuse–The Print–09.03.2018
The Central Bureau of Investigation (CBI) has moved a Delhi court, seeking permission to conduct a narco test on Karti Chidambaram, son of former union finance Minister
India Inc: India Inc. has Rs 1.8 lakh crore cash trapped in their balance sheets: EY Report – The Economic Times–09.03.2018
India Inc has nearly Rs 1.8 lakh crore of cash trapped in it balance sheet as working capital situation worsens on account of increase in
Scrapping 80:20 scheme helped Nirav, Choksi: Congress – The Economic Times–09.03.2018
Accusing the BJP of “downright lies, deliberate falsehood and desperate diversion”, Surjewala said it is like the “pot is calling the kettle black”. The Congress
[ MSME ] –Nirav Modi fallout: As banks tighten purse strings, fintech can fill the void – The Economic Times–09.03.2018
By Rajat Gandhi For the millions of small businesses in the country, the current mess in the banking sector and the entire Nirav Modi and
GST: Simplifying GST returns: How the removal of ITC payment linkage will benefit SMEs–Economic Times–09.03.2018—–*****
By Tejas Goenka The Goods and Services Tax (GST) was introduced with effect from July 1, 2017. GST replaces different taxes and also aims at
GST Council’s Saturday meet to sort out filing, E-Way Bill issues – Business Line–09.03.2018
The Centre and States are set to iron out the wrinkles in the Goods and Services Tax including a simplified return filing process and the
GST’s self-policing steps should be restored – Business Line–09.03.2018—–*****
The GST Council should implement invoice matching, reverse charge mechanisms and e-way bill at the earliest The earlier indirect tax regime has been almost scrapped;
India should open door wider to global bond buyers | Mihir Sharma | editorials | Hindustan Times–09.03.2018
Hoping to jump-start its “Make in India” manufacturing push, India’s government has rolled out the welcome mat for foreign investors. It should consider doing the
Fraud upon the nation–Deccan Herald–Valson Thampu, Mar 8 2018
Some four years ago, Prime Minister Narendra Modi declared a war on corruption. He electrified the nation and aroused Himalayan hopes. The other day, he
Bankruptcy Cases: Two close to resolution; six at different stages; four nowhere–09.03.2018
The creditors have chosen Tata Steel and UK-based Liberty House for running the bankrupt companies Bhushan Steel and Amtek Auto, respectively. Of the remaining 10
GST–e-way bill: Governent eases norms for e-way bill generation – The Economic Times–09.03.2018
The government has made some changes to the e-way bill rules to further simplify the procedure for movement of goods under the Goods and Services
States To Lead Strategies To Boost Exports – Interview with Mr. Suresh Prabhu–BW Businessworld–08.03.2018
How is the government planning to tackle the infrastructural issues that are plaguing the large cities in India? Infrastructure is key to development of any
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