The party in bond markets that began with the Centre lowering the borrowing programme for the first half of 2018–19 and the RBI topping it
Month: April 2018
GST: Yes Bank launches an industry first GST backed OD facility for MSMEs–Economic Times–14.04.2018
Yes Bank has announced the launch of ‘Yes GST’, an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs). Through this an MSME can avail OD up to
Misplaced logic: Protecting GSTN data needs more than a change in ownership | Business Standard Editorials–14.04.2018
The finance ministry wants to convert the Goods and Services Tax Network (GSTN), the not-for-profit organisation that provides the technological backbone to the GST, into a government-owned
Supreme Court says no to out-of-court settlement; Binani Ind withdraws plea – Business Line–14.04.2018
With the Supreme Court indicating it was not in favour of any out-of-court settlement, Binani Industries Ltd on Friday withdrew its plea seeking an end
As labour-intensive sectors take a hit, exports dip in March – Business Line–14.04.2018
A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6
Tax exemption for start-ups on investments up to ₹10 cr – Business Line–14.04.2018
Responding to a long-standing demand from the industry, the government has relaxed the rules for angel tax exemption for start-ups by making entities incorporated before
IBC: Government needs to re-look at certain provisions of IBC: Uday Kotak – The Economic Times–13.04.2018
Kotak said the rules of bidding should be like a prospectus where it should be clearly stated what is the basis on which the bids
GST–: Implementation of GST not ‘unfixable’ problem: Raghuram Rajan – The Economic Times–13.04.2018
Proper implementation of the Goods and Services Tax (GST) in India can be worked upon and is not an “unfixable problem”, former RBI governor Raghuram Rajan has
Capital gains tax exemption valid even if housing loan used for new house: ITAT – The Economic Times-13.04.2018
The Kolkata bench of the Income-tax Appellate Tribunal (ITAT) has held that investment-linked capital gains tax exemption, which is available on purchase of a new house,
Insolvency committee report: A step towards fine-tuning IBC – The Financial Express–13.04.2018
The committee has taken into consideration the decision of the Supreme Court in the Mobilox Innovations case. The nascent Insolvency and Bankruptcy Code (IBC) is
The hard choice: Banking over banker–Economic Times–12.04.2018
At a time when public confidence in banking has been shaken — 16% of banks’ asset portfolio is stressed, 11 public sector banks are in
Let GSTN function as a private company–Economic Times–12.04.2018
The finance ministry reportedly wants to convert the Goods and Services Tax Network (GSTN), a private company that manages the indirect tax infrastructure, into a
Too much caution hurting growth recovery? – Business Line–12.04.2018
The RBI’s pause is in order as inflation is a heady mix of structural and cyclical factors As expected, the RBI in its first bi-monthly
Ayushman Bharat – A healthy step – Business Line–12.04.2018
But the implementation of the Centre’s ambitious scheme may be more challenging than GST or Aadhaar A nation’s development and growth is gauged by the
[ Income Tax ] Far from Saral – Business Line–12.04.2018
Rising disclosure requirements in ITR forms subject taxpayers to unnecessary burden Even as start-ups and their investors fret over the levy of angel tax on
Aadhaar stigmatises everybody: Supreme Court–Deccan Chronicle–12.04.2018
The Supreme Court on Wednesday questioned the Centre as to why it should insist on Aadhaar for all financial transactions as it stigmatises the entire
Banks’ joust with RBI on new NPA framework reaches House panel–Deccan Chronicle–12.04.2018
A Parliamentary panel on Tuesday met Reserve Bank governor Urjit Patel and top bankers to discuss the revised NPA framework. Lenders are seeking respite from
Fuel prices: Stop cheating consumers–Deccan Herald–12.04.2018
The steady increase in the prices of petroleum products, especially petrol and diesel, after the dismantling of the administered price mechanism has hurt citizens. The
Can DNA be taken for Aadhaar, asks judge – The Hindu–11.04.2018
An executive authority may even expand the meaning of biometrics’ Justice D.Y. Chandrachud pointed out how the Aadhaar Act could allow the State, in future,
SC for auctioning Unitech’s assets, orders issuance of public notice – The Economic Times–11.04.2018
The Supreme Court today took note of all the unencumbered assets of real estate major Unitech Limited and ordered that a public notice be issued inviting objections for auctioning
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