Just ahead of the scheduled meeting of the Committee of Creditors (CoC) of Binani Cement, which is undergoing bankruptcy proceedings, the Dalmia Bharat Cement-led consortium has moved Supreme Court for the
Month: May 2018
After 11 months of inception, SEZ Rules yet not aligned with GST laws | Business Standard News–28.05.2018
It is almost 11 months since the Goods and Services Tax (GST) came into being. Yet, the necessary consequential changes have not been made in the Special Economic
RBI’s efforts may not be enough | Business Standard Column–28.05.2018
The next Reserve Bank of India (RBI) Monetary Policy Review in early June will be watched with keen interest. Inflation is rising, fourth quarter (Q4) results are
How Modi govt can stabilise GST regime and improve the direct tax system | Business Standard Column–28.05.2018
Pratik P Jain radical tax reform post-independence, is still stabilising, which is not unexpected given the magnitude of changes that it brought about. The primary
score: 9 tips on how to maintain a good credit score – The Economic Times–27.05.2018
Every missed payment against your debt will create a negative impact on your credit score and hence debt management should be your first priority. By
income tax return: All 7 ITR forms released for e-filing – The Economic Times–27.05.2018
The Income Tax Department today launched and activated all the seven ITR forms for e-filing by taxpayers, after more than a month of them being notified. The Central Board
Binani Cement: Dalmia Bharat again moves apex court on NCLAT order – The Financial Express–27.05.2018
While the committee of creditors (CoC) of Binani Cement is expected to consider a revised offer from UltraTech Cement along with the company’s resolution plan
Across The Aisle: Who is minding the store? – The Financial Express–27.05.2018
While you were absorbed in the designed-to-be-nail-biting-finish IPL cricket matches and the game of thrones in Karnataka, something happened to the economy. It is time
Fuel price hike: Bringing petroleum products under GST won’t impact prices much, says Sushil Modi – The Financial Express–27.05.2018
Bihar Deputy Chief Minister Sushil Kumar Modi today asserted that bringing petroleum products under the ambit of Goods and Services Tax (GST) will not have
IBC–India Inc’s debt woes open new career path – Business Line–27.05.2018-R
India Inc’s debt problem may soon lead to a new career opportunity for bright young professionals entering the job market in India. Insolvency regulator IBBI
The 3 Cs the government should be wary of – Business Line–27.05.2018
In the coming months, crude, crops and currency will determine the country’s inflation outlook The benign inflation situation for several quarters seems to be under
IBC–Law and learning | The Indian Express–27.05.2018
Of the two structural reforms associated with this government — the Goods and Services Tax and the Insolvency and Bankruptcy law — it is the
Govt hikes customs duty on wheat to 30% to curb cheaper imports – The Hindu–27.05.2018
The government has raised the customs duty on wheat from 20 % to 30 % in order to curb cheaper imports and protect domestic growers. The import
IBC–‘CoC is not proactive enough’ – The Hindu–27.05.2018-R
The Committee of Creditors (CoC) is not being proactive enough in dealing with the cases, Insolvency and Bankruptcy Board of India (IBBI) chairman M.S. Sahoo said on
Centre can’t afford to cut taxes on something as remunerative as fuel – The Hindu–27.05.2018
With petrol and diesel prices hitting record levels over the past few days, calls from industry chambers and consumers for the government to cut its excise duty
Crude oil may derail economy–Deccan Chronicle–27.05.2018
India’s macro-economic indicators are expected to take a hit this year, with crude oil expected to remain elevated at $75 a barrel. “A rise in
Insolvency and Bankruptcy Code: IBC not being used to full extent; CoCs need to do more: M S Sahoo – The Economic Times–26.05.2018-R
Objective of the bankruptcy law is to resolve an insolvency and revive an asset for collective good and not to maximise value for a chosen
How to moderate retail fuel prices–Economic Times–26.05.2018
The government is reportedly still deliberating options to bring down soaring retail oil prices, which have been raised daily for over ten days now following
Not even Rs 1 lakh crore NPA resolved and 26 banks sitting on whopping Rs 7.3 lakh crore bad loans volcano – The Financial Express–26.05.2018-R
The NPAs of 26 banks were Rs 7.31 lakh crore on March 31, 2018. Narendra Modi government’s Insolvency and Bankruptcy Code (IBC) was hugely celebrated after
IBC, GST, JAM…but for jobs, a good start – The Financial Express–26.05.2018
Achche din may be several years away, but the NDA government under Prime Minister Narendra Modi must get full marks for trying. Four years into the government’s
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