As per official data, while 57.69 per cent of the GST returns for July were filed within the due date, the figure has now gone
Day: May 20, 2018
Bankruptcy: Best use of insolvency law is in not using it at all: IBBI chief Sahoo – The Economic Times–20.05.2018-R
Asserting that the insolvency law has brought in behavioural changes among stakeholders, IBBI chief M S Sahoo has said the best use of the Insolvency and Bankruptcy Code would be in
Bhushan Steel: Tata Steel completes Rs 35,200 crore purchase of bankrupt Bhushan Steel – The Economic Times–20.05.2018
Tata Steel has formally taken control of Bhushan Steel , settling about Rs 35,200 crore, or nearly two-thirds, of the loans the bankrupt steelmaker owed to lenders and
GST update: Council asks Centre, states to quickly set up appellate authorities – The Financial Express–20.05.2018
The GST Council has asked the Centre and states to expedite setting up of appellate authorities for aggrieved entities to appeal against orders of the
GST adaptation under lens: Rajasthan depts deduct TDS from contractors, unlawfully – The Financial Express–20.05.2018
In what could bring the state governments’ adaptation to the goods and services tax (GST) into question, a few departments of the Rajasthan government have
Liquidated damages proceeds to attract 18% GST, says AAR – The Financial Express–20.05.2018
Mumbai-based Authority of Advanced Ruling (AAR) for the goods and services tax (GST) has held that payment made on account of ‘liquidated damages’ will attract
IT dept cautions TDS deductors against quarterly filing default – Business Line–20.05.2018
The Income Tax Department (ITD) today cautioned TDS deductors to adhere to the stipulated deadline of May 31 for filing their statements failing which they
