Government sources also confirmed that at least three-four more banks are expected to be brought under the PCA framework because of deteriorating performance. Lending to
Month: April 2018
When the supervisor slept | The Indian Express–09.04.2018
The matter pertaining to the ICICI Bank’s CEO Chanda Kochhar goes beyond the question of propriety. It follows close on the heels of the Punjab National Bank-Nirav
Will IBC bankrupt banks? – The Hindu–09.04.2018
Mrs. Bumble had broken some trinkets but it was her husband who was held guilty… “Indeed, You are the more guilty of the two, in the
AADHAAR: Aadhaar to prevent bank frauds, terror attacks, Attorney General KK Venugopal tells Supreme Court – The Economic Times–08.04.2018
The central government on Thursday claimed in the Supreme Court that Aadhaar would prevent bank frauds blamed for the rising non-performing assets in the public sector banking system and also would
Shades of grey in GST: 5 provisions that need greater debate – The Economic Times–08.04.2018
By Sundeep Gupta Goods & Services Tax (GST) was launched with much fanfare at midnight, July 1, 2017 replacing 17 erstwhile laws, both Central and State
Income Tax Return: Missed the March 31 deadline to file income tax return? Here’s what you can do–Economic Times–08.04.2018
March 31, 2018 was the deadline to file income tax returns (ITR) for the financial year 2015-16 and 2016-17. In case you haven’t filed your ITR for FYs 2015-16
Special Rs 26-bn package to boost export of leather products, footwear | Business Standard News–08.04.2018
The leather and footwear industry is expecting that the Rs 26-billion special package announced by the governed recently, will help the stagnant sector grow by easing the pricing pressure.
E-way bill system ‘working well’ for exporters – Business Line-08.04.2018
The e-way bill system seems to be working well for many exporters, with the Centre giving exemption to all exports moving from an inland container
Why fiscal 2018-19 will be different – Business Line–08.04.2018
As a pre-election year, the govt may go easy on tough reforms; inflation may be a worry despite RBI’s benign view The 2018-19 fiscal year
The monetary policy committee report – Business Line–08.04.2018
So, Chotu, what was Urjitbhai up to today? Bank stocks seem to have had a lot of fun. Arrey Motu, you know that Urjitbhai has
‘Lender can’t seize vehicle without prior notice’ – Times of India–08.04.2018
A finance company cannot forcibly take possession of a vehicle for non-payment of dues without sending a notice to the borrower, country’s apex consumer commission
Across the aisle: Southern flames may scald the nation | The Indian Express–08.04.2018
The Constitution of India obliges the President (i.e. the central government) to appoint, every five years, a Finance Commission (Article 280). Its foremost duty is
family maintenance: Unmarried daughter who is above 18 can claim maintenance from father: High Court – The Economic Times–08.04.2018
An unmarried daughter is entitled to claim maintenance from her father even after attaining the age of 18 if her parents are divorced or estranged, the Bombay High
cyber crime: How Indian Police is being trained to tackle cybercrime – The Economic Times–08.04.2018
Personnel from nearly 1,000 police stations in Karnataka will be trained to handle cybercrime as the state plans one cybercrime station per district by 2019. “We are
E-commerce Firm: Government set up e-commerce think tank to encourage local players–08.04.2018
The government has set up a think tank to look into ways to encourage home-grown ecommerce players and develop a domestic policy to respond to
Income Tax–Pre-populated forms, not more paperwork–Economic Times–08.04.2018
It is unfortunate that the new income-tax return form makes filing of tax returns more cumbersome for salaried taxpayers, whose taxes are assiduously deducted at
Govt sees 1 cr new jobs on 12% pension incentive – Business Line–08.04.2018
The government hopes to create 1 crore new jobs by bearing the entire 12 per cent of the basic salary that employers are mandated to
CBDT to mine GST data to check evasion – Business Line–08.04.2018
The Income Tax Department wants to mine the GST payments data of businesses to ensure that no income goes untaxed. The Central Board of Direct
What are GVA and GDP in growth calculation? – The Economic Times–07.04.2018
After following gross domestic product (GDP) for many years, policy makers have now also started looking at gross value added (GVA). With the industrial output
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