The Committee of Creditors (CoC) on Wednesday had met representatives of ArcelorMittal and Numetal which are in the race to acquire Essar Steel regarding their
Month: May 2018
GST Council okays single return a month; differences emerge on sugar cess | Business Standard News
The GST Council on Friday approved a simplified return filing framework that would require a taxpayer to file only one return every month against three at present.
RBI to infuse liquidity in bond market as forex reserve dips by $3.22 bn | Business Standard News
The Reserve Bank of India (RBI) has moved to address pressure points in both currency and bond markets. The central bank’s foreign exchange reserves dipped by $3.22 billion
The fear factor: An overzealous CBI could cramp decision-making in banks | Business Standard Editorials
The first line of the Central Bureau of Investigation’s mission statement delineates its task as upholding the Constitution of India and the law of the land “through
Appellate tribunal refuses to stay NCLT order allowing UltraTech to bid for Binani Cement – Business Line
The National Company Law Appellate Tribunal (NCLAT) has declined to stay an order passed by the National Company Law Tribunal (NCLT) allowing the lenders of
Crumbling defence – Business Line
There is a touch of disingenuousness to the EPFO’s claim, made on Thursday, that there had been no leak of Aadhaar data from its servers.
Rupee rumbles – Business Line
The current situation in the foreign exchange market is reminiscent of 2013 when worries about the US Federal Reserve tapering its quantitative easing had sent
IDBI: CBI’s IDBI swoop gives directors, bankers jitters – Times of India
So far it was only bankers who were worried by the CBI action in loan default cases but now the fear extends to independent directors — not
Why Internet shutdowns can hurt our economy and democratic values | editorials | Hindustan Times–06.05.2018
The Indian economy lost nearly $3 billion (Rs 19,500 crore) owing to more than 16,000 hours of Internet shutdowns in the past five years, a
RBI: NPAs hit monetary policy transmission in India: RBI report–Economic Times–06.05.2018
Bad loans have impaired monetary policy transmission in India as banks were unable to increase their lending rates and protect net interest margins (NIMs) amid a broad deterioration
Here is how you can save money, time and effort by paying presumptive tax | Business Standard News–06.05.2018
With times evolving, a large part of today’s taxpayers works for itself rather than taking the conventional 9-to-5 job. It is common to see people
Avoiding TDS with 15G and 15H – Business Line–06.05.2018
Some things, you must not delay. A visit to the dentist, for instance. Also, submitting Form 15G or 15H if you are eligible to. Being
How to will your assets right – Business Line–06.05.2018
Succession planning is always an emotional subject for Indian families. In some situations, your choice of successor may not be an easy one and may
Mapping insolvency: ArcelorMittal may pay off dues as ‘goodwill gesture’ | Business Standard News–04.05.2018—-*****
ArcelorMittal made a strong pitch for eligibility before the committee of creditors (CoC) on Wednesday, but if asked to pay dues on account of defaulting companies,
GST–: Now, transfer of commercial tenancy rights put under GST – The Economic Times–04.05.2018
In what has implications for commercial rental space and businesses in general, the government has said transfer of tenancy rights is a service liable to
E-way Bill: Digital copy of E-way bill enough to give transporters right of way: Court–Economic Times–04.05.2018
Tax authorities cannot seize goods just because they-’re not accompanied by a physical copy of the electronic way bill (eway bill), the Allahabad High Court said in
A sensible ruling on Binani Cement–Economic Times–04.05.2018
The National Company Law Tribunal (NCLT) is right to direct the creditors of Binani Cement to consider UltraTech Cement’s higher bid, even as it has
IBC will deliver but it needs time–Economic Times–04.05.2018
Rashesh Shah Since the Insolvency and Bankruptcy Code (IBC) came into effect about a year ago, one refrain has been the lack of progress on
1 trillion GST mop-up, not enough! Here’s why Modi’s worry is far from over – The Financial Express–04.05.2018
For the first time, the GST collection in the month of April surpassed a whopping Rs 1 lakh crore mark, which Finance Minister Arun Jaitley dubbed “a
Resolution professional valued Binani Cement assets improperly: NCLT | Business Standard News–04.05.2018—–*****
The Kolkata Bench of National Company Law Tribunal (NCLT), in its order, has upheld the allegations filed by the promoter of Binani Cement against the company’s resolution professional, Vijay
aniltikotekar4sme.com 