Opening the plenary session, the MSME Secretary, Arun Kumar Panda, said India is perhaps the only country to count Micro enterprises, and the total count
Month: April 2018
WhatsApp: How can SMEs use videos and Whatsapp to communicate faster and grow their business – The Economic Times–24.04.2018
When you communicate with video you get up, close and personal. You have the opportunity to inspire and ignite your customers and the world around
Insolvency and Bankruptcy Code: Why defaulters can’t be let to buy firms at cut-rate prices – The Financial Express–24.04.2018
The judges could have considered the fact that the Insolvency and Bankruptcy Code (IBC) is in its early days—the government has amended it once already,
GST jigshaw: Why E-way bill is a vital piece of the puzzle – The Financial Express–24.04.2018
An integral part of achieving the ‘no tax evasion’ objective of the goods & services tax (GST) has been the prescription of a requirement for
Ease of doing business and other silly stuff | Business Standard Column–24.04.2018
The Directorate of Revenue Intelligence (DRI) has started sending summons to a number of exporters. Asking them to appear in person before it, along with details of import made under advance
Supplier to merchant exporter can claim refund of unutilised credit | Business Standard News–24.04.2018
We are supplying to merchant exporter and charging 0.1 per cent IGST. Our ITC is accumulated. Can we file refund application on the grounds of inverted tax
NCLT allows Liberty House bid for Bhushan Steel – Business Line–24.04.2018
The National Company Law Tribunal (NCLT) today asked the lenders of Bhushan Power & Steel, led by PNB, to consider the bid submitted by UK-based
Finance Ministry not for cut in excise duty on petrol, diesel – The Hindu–24.04.2018
The finance ministry is not in favour of cutting excise duty on petrol and diesel to provide relief to the common man from spike in their prices
NCLAT adjourns hearing on Reliance Infratel asset sale to May 2–24.04.2018
The National Company Law Appellate Tribunal (NCLAT) on Monday adjourned to May 2 its hearing on the Reliance Infratel petition seeking permission to sell its
IBBI must thwart bankruptcy getting stymied–23.04.2018
The rules set to implement the Insolvency and Bankruptcy Code would appear to be in conflict with the public policy goal of securing the highest
The RBI is beginning to bare its fangs – Business Line–23.04.2018
With its recent actions and statements, the RBI is sending out the message that it is no longer business as usual on the regulatory front
demonetisation: GST roadblocks hit India’s export prospects in FY’18: PHD – The Economic Times–22.04.2018
Roadblocks such as delay in GST refunds and after effects of note ban hit India‘s export prospects in 2017-18 amid a revival in global demand mainly in key markets of
Right to equality can be invoked if COC violates IBC: NCLT Chairman – The Economic Times–22.04.2018
National Company Law Tribunal (NCLT) Chairman Justice M M Kumar today said that Article 14 of the Constitution (right to equality) can be invoked if the committee
NCLAT refuses stay on Binani Cement proceedings at Kolkata NCLT – The Financial Express–22.04.2018
The National Company Law Appellate Tribunal (NCLAT) today refused to stay the NCLT proceedings on the resolution process of debt-ridden Binani Cement. The appellate tribunal,
RP tells NCLT Rewant Ruia end beneficiary of Numetal – The Financial Express–22.04.2018
According to the RP, on the date of submission of the Numetal Resolution plan, (Feb 12, 2018), the shareholding of the applicant was: 40% held
Aadhaar, PAN cards mandatory for opening bank accounts, says RBI | Business Standard News–22.04.2018
The Reserve Bank of India (RBI) has made Aadhaar and PAN cards mandatory for opening bank accounts. The RBI said the updated know-your-customer (KYC) requirement was subject to the Supreme Court’s
Due date: Government should fully back tougher NPA norms–Times of India–21.04.2018
There are many explanations for Indian banks’ bad loan crisis, best captured by the increase in stressed assets from 5.9% of loans in March 2011
Bankruptcy: View: India turns a bad-loan tragedy into a bankruptcy farce – The Economic Times-21.04.2018—–*****
India’s banks have waited for more than a decade for a modern bankruptcy code. By Andy Mukherjee Want to screw up a good law? Just
Moving on: How the E-way bill fared in the first fortnight – The Economic Times–21.04.2018
By Tejas Goenka It has been more than two weeks that the e-way bill was made compulsory for inter-state movement of goods. Given that the capacity of
Aadhaar card: RBI makes Aadhaar key to KYC compliance – The Economic Times–21.04.2018
The Reserve Bank of India (RBI) on Friday amended its ‘know your customer’ (KYC) guidelines, making Aadhaar key to conducting customer due diligence by banks and finance
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