Has RBI, in its search for easy answers, opted for a quick-fix solution that may endanger our hard-won, long-term financial stability? Central banks are not
Day: May 7, 2018
Bank Deposit: Growth in bank deposits falls to five-decade low
Bank deposit growth fell to a five-decade low in fiscal year ended March 2018 as the demonetisation bonanza withered away and the lure of other savings instruments
gst: Companies get scrutiny notices for mismatch in GST returns – The Economic Times
As per an analysis, 34% of businesses paid Rs 34,400 crore less tax between July-December while filing initial summary return (GSTR-3B). GST officers have started sending
Heralding manufacturing growth: SMEs in India need to move from automation to autonomy – The Economic Times
By Sunil Mathur The ‘Make in India’ initiative aims to boost the contribution of the manufacturing sector from 15% to 25% of the GDP, by 2022.
Some good work by GST Council, some bad
The Goods and Services Tax (GST) Council has done well to clear a simple filing system for businesses to claim input tax credit. Phasing in
GST alert: Companies start getting notices for mismatch in tax returns, underpayment; details here – The Financial Express
In one notice issued by Gujarat GST commissionerate on May 4, taxpayers have been asked to explain the reason for “discrepancies” in return GSTR-3B and
