Dashing the hopes of 40,000 mw stressed power projects, a top government official on Tuesday said RBI is not in favour of any special forbearance
Month: May 2018
GST scrutiny: You don’t even have 0.77999999999883585 chance to escape GST scrutiny–Economic Times–10.05.2018
The promise of the Goods and Services Tax (GST) to bring clarity has finally started showing. As GST officers unleash the force of data analytics, no discrepancy or mismatch
e-way bill: E-way bill: All you need to know & experiences of the first month – The Economic Times–10.05.2018—–*****
By Anita Rastogi India has just announced the launch of another major reform under the GST regime. After an aborted attempt in February, the government has finally
GST: Jump in notices issued over mismatch – The Financial Express–10.05.2018
The tax department’s soft approach towards non-compliance under the GST may be coming to an end as the indirect tax regime enters into the new
Dispelling growth delusions | Business Standard Column–10.05.2018—–*****
Whenever official estimates of GDP growth creep up over 7 per cent, as they did for 2017-18 Q3, voices (including of senior government spokespersons) proliferate claiming that
How to e-verify your income tax return? Here are five ways to do it | Business Standard News–10.05.2018
The recent circulars that purport to “rationalise and liberalise” the framework, in fact, complicate it further An income tax return once filed, requires to be verified in
Oil prices in India could rise after US pull-out from Iran deal | editorials | Hindustan Times–10.05.2018
In the end, President Donald Trump delivered on yet another of his campaign promises by pulling the United States out of the Iran nuclear deal,
Exchange rate: View: The US, by far, has been a bigger currency manipulator than India – The Economic Times–09.05.2018—–*****
The European Central Bank followed the US with its own QE. So did the Bank of England. Every western country printed enormous sums of money,
Reform bankruptcy Rules, maximise value–Economic Times–09.05.2018
The Insolvency and Bankruptcy Board of India’s move (IBBI) to crowd source ideas to amend an evolving regulation is welcome. Novel ideas, especially from stakeholders,
Bullying of SMEs by large players must stop – Business Line–09.05.2018—–*****
Large customers call the shots when it comes to making payments to small units; the govt can help end this practice Every conference, seminar and
[ Exchange Rate ] Take the long view | The Indian Express–09.05.2018
The concern is largely fuelled by oil: Brent crude is now trading at around $ 76 per barrel, its highest since November 26, 2014. The
Binani CoC to meet tomorrow – The Hindu–09.05.2018
The Committee of Creditors (CoC) of Binani Cement Limited (BCL) will meet on Thursday, May 10 to decide on the ₹8,000 crore bid by Kumar
[ Exchange Rate ] Hot-money risks seen rising as India courts ‘bond tourists’ – The Hindu–09.05.2018
A series of measures from the central bank to lure foreign buyers into the country’s short-term debt market could easily backfire, investors fear, exposing the
Rupee’s dancing to more tunes this year – The Hindu–09.05.2018—–*****
The Indian currency has been facing some selling pressure for the last 4-5 weeks, chiefly on the back of rising crude price. The rupee fell
Manmohan Singh attacks Narendra Modi for ‘economic mismanagement’ – The Hindu–09.05.2018—–*****
Former Prime Minister Manmohan Singh on Monday launched a scathing attack on the Narendra Modi government for its “disastrous policies” and “economic mismanagement”. He said
RBI’s rescue act | Business Standard Editorials–08.05.2018
At the moment, few things seem capable of dissipating the gloom that has descended on India’s bond markets. In its latest effort to cheer up the market,
indian economy: GST, bank balance sheet problems pushed India’s economic growth downward but recovery expected: UN – The Economic Times
The Goods and Services Tax (GST) as well as protracted issues of corporate and bank balance sheet problems pushed India’s economic growth downward in 2017
Rupee: What if the rupee hits 70 vs US dollar? Here’s how your life will change – The Economic Times–08.05.2018
What if the rupee hits 70? Rupee sank below the 67 mark today for the first time since February 2017. Experts have been predicting further depreciation. An
Insolvency and Bankruptcy Code: Government considers time limit for withdrawal of cases under IBC ; The Economic Times–08.05.2018
Companies referred to bankruptcy courts may not be allowed to leave the process once bids have been invited or a resolution plan has been accepted. The government
Power Min, RBI meet on NPA norms postponed – The Economic Times
Power ministry’s meeting with Reserve Bank of India on the revised RBI norms for bad loans scheduled for today has been postponed. “It (the meeting) has been postponed. (The meeting will
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