By Sudhakar Sethuraman and Vibha Bhaskar The new income tax return forms notified for the tax year 2017-2018 have come up with the required disclosure of gifts.
Day: July 19, 2018
Can Project Sashakt take off in time to prevent NPAs from moving to IBC? | Business Standard News
Till recently, the Insolvency and Bankruptcy Code (IBC) was projected by the government as a silver bullet for resolving the bad loans that have been plaguing the banking system.
Unregistered agreement is also enforceable | Business Standard News
Anusaya Developers had purchased agricultural land from several land owners and then converted it to non-agricultural land. These plots were then sold to various buyers
After public outcry, Govt drops FRDI Bill – Business Line
The government has decided to drop the controversial Financial Resolution and Deposit Insurance (FRDI) Bill, thus allowing bank customers to breath easy. The Union Cabinet,
IBC resolution, a bailout of corporates at the cost of depositors’ money: AIBEA – MONEY & BANKING – Business Line
With stressed assets reaching alarming proportions, the All India Bank Employees’ Association wants the recovery of bad loans to be done on a war footing.
‘Govt should show seriousness in the viability of PSBs’ – MONEY & BANKING – Business Line
Tomorrow marks the start of the golden jubilee year of bank nationalisation in the country. In light of the troubles that public sector banks have
Insolvency: For a voice in CoC, home buyers have to choose authorised representatives electronically – INTERNATIONAL – Business Line
Throwing its weight behind ‘electronic’ process, insolvency regulator IBBI has mandated that any class of creditors looking for a representation in the Committee of Creditors
Insolvency and Bankruptcy Code: Cabinet okays ordinance to amend IBC – The Economic Times
The Union Cabinet approved additional changes to Insolvency and Bankruptcy Code through an ordinance, easing rules to enable promoters of micro, small and medium enterprises to bid for their
Government likely to withdraw controversial FRDI Bill in current Parliament session – The Economic Times
This provision had raised concerns that deposits could be used to bail out failing banks. The government is likely to withdraw the controversial FRDI Bill in the
Inflation calls for fiscal discipline
The 5.8% jump in wholesale prices in June, up from 4.4% a month before, is a warning against any fiscal laxity. The RBI would have
Fight for Essar Steel: Arcelor to pay Uttam, KSS dues – The Financial Express
Numetal and ArcelorMittal had filed petitions in the NCLAT challenging the disqualification of their first round of bids by the resolution professional. (Reuters) ArcelorMittal, which
Jaypee Infra case: IBBI, IRP ask SC to constitute fresh CoC – The Financial Express
Singapore-based Cube Highways, through senior counsel Gopal Jain, argued that it was willing to bring in Rs 3,300 crore upfront for takeover of the 165-km
Why PSBs have little to cheer about – The Financial Express
For a wide range of customers, the trust in banks is dwindling by the day. Neither the $2.6-trillion GDP, overtaking France, nor the EoDB rankings
Lenders file insolvency plea against 13 Videocon units – The Financial Express
Most of these subsidiaries are likely to be admitted by the National Company Law Tribunal (NCLT) for insolvency proceeding by next month. Lenders to the
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