GST taxpayers can now change their email address and phone number (PTI) Arguably, much to the relief of several assessees under GST, the government has
Month: June 2018
One year of GST: What has been really achieved vs what Modi government claimed – The Financial Express–15.06.2018
The GST was not just a grand mid-night event in India, it was a transformation which was felt. From initial confusion, chaos, protests and teething
It’s not just the CAD, even the BoP looks shaky – The Financial Express–15.06.2018
The oil bill, this year, will certainly be bigger than last year’s 9 billion. Weak exports, combined with a bigger oil bill, pushed India’s current
Seven lessons of middle age – Business Line–15.06.2018
Wake up and smell the coffee: “The biggest lesson I have learnt is that happiness lies in small things: The rich taste of strong coffee
Fed hike is good for the US markets; FII outflow from India can accelerate | Business Standard News–15.06.2018
On the positive side, the Federal Reserve seems to think that the US economy is headed for better times. It feels that the growth is very robust
Use existing powers, RBI, to seek more–Economic Times–14.06.2018
The RBI governor Urjit Patel has soght more legislative powers to effectively regulate state-owned banks. His plea to the Parliamentary Standing Committee on Finance to
Anti-profiteering body is redundant–Economic Times–14.06.2018
The National Anti-Profiteering Authority has not done anything much to earn the fear and loathing that industry had reserved for it, when it was set
Tally add-on enables small biz to get loans – The Economic Times–14.06.2018
US-based online lending platform Biz2Credit is forecasting a sharp jump in lending to small and micro enterprises following the implementation of the goods and services tax (GST)
Appeal Mumbai NCLT ruling on defaulters’ bidding – The Financial Express–14.06.2018
In a somewhat surprising ruling, the Mumbai bench of the National Company Law Tribunal (NCLT) has said that the law banning promoters who are defaulters
Get a loan within 24 hrs! Amazon India launches lending network for sellers | Business Standard News–14.06.2018
In another India-first initiative, Amazon has launched a lending network connecting lenders and its sellers, who will be able to avail loans at competitive rates in as
Insolvency: UltraTech Cement to bear cost of Binani’s legal proceedings | Business Standard News–14.06.2018
UltraTech Cement, which is in a legal battle to acquire bankruptcy-hit Binani Cement, has agreed to bear the costs arising out of the unending series
IBC 2016–Tangled web – Business Line–14.06.2018
The recent changes to bankruptcy laws have mixed implications for speedy resolution The journey for the large corporate insolvency cases queued up before the National
GST refunds: Rs 7,000 crore cleared; here’s how exporters, traders can claim pending refunds – The Financial Express–13.06.2018
Over Rs 7,000 crore or half of the pending GST refunds of exporters has been cleared in the first nine days of the ongoing special
IBC’s Section 29A: Experts say Mumbai, NCLT’s order threatens code’s intent – The Financial Express–13.06.2018
A ruling by the Mumbai bench of the National Company Law Tribunal (NCLT) — that provisions of a November 2017 ordinance on the ineligibility of
Battle for Ruchi Soya: Adani tops with Rs 6,000-crore bid – The Financial Express–13.06.2018
Adani Wilmar, a joint venture between the Adani Group and Singapore’s Wilmar International, has beaten rival bidder Patanjali to place a higher bid of close
Bad bank = Bad idea: There’s dubious merit in a rehab clinic for toxic debt | Business Standard News–13.06.2018
Bad ideas keep returning to the corridors of power in New Delhi with the unfailing regularity of migratory birds. This year is no exception. According
Tata Steel likely to have an edge in battle for Bhushan Power | Business Standard News–13.06.2018
Tata Steel is likely to have an edge in the battle for Bhushan Power & Steel after the Committee of Creditors (CoC) sat through presentations on resolution plans from all bidders on
India’s NPAs and the global scenario – Business Line–13.06.2018
Though globally India’s position is unsatisfactory, time-bound resolution of NPAs under IBC should ease banks’ burden The non-performing asset (NPA) issue facing banks has dominated
NCLT to resolution professional: Relook new bids for Alok Ind – Business Line–13.06.2018
The National Company Law Tribunal has directed the resolution professional of Alok Industries to resubmit the plan submitted by JM Financial Asset Reconstruction and Reliance
Going on a hike | The Indian Express–13.06.2018
In its most recent meeting, the Monetary Policy Committee (MPC) of the RBI raised the policy interest rate for the first time since it was
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