“The UPA also delivered the ONLY instance of double digit annual growth in modern Indian history,” it said. Indian economy clocked a 10.08 per cent
Day: August 18, 2018
Reporting of GST, GAAR details in tax audit report deferred till Mar 2019 – The Economic Times
The revenue department today deferred implementation of a reporting norm for tax auditors wherein they were required to furnish details of Goods and Service Tax (GST) and general anti-tax
Jaypee Infratech | NCLT: Supreme Court sends Jaypee Infratech case back to NCLT for fresh resolution
The Supreme Court, which had stalled insolvency proceedings against Jaypee Infratech to protect the interests of homebuyers, has referred it back to the insolvency court to
Record! Whopping Income Tax collection – Rs 10.03 lakh crore during 2017-18 – The Financial Express
Income Tax collection in the country stood at a record Rs 10.03 lakh crore during 2017-18, the Central Board of Direct Taxes (CBDT) today said.
MSME exports hit more by issues related to GST implementation than demonetisation? Check what report says – The Financial Express
The report noted that the credit growth in the MSME sector had started decelerating even before demonetisation, and declined further during the demonetisation phase. MSME
Resolution under IBC: Creditors recover Rs 5,000 crore – The Financial Express
Of course, the headline numbers are good primarily because of Bhushan Steel, which accounted for close to 64 per cent of the total claims by
GST: Money transported in cash-carrying vans is not ‘goods’, rules Appellate Authority – The Hindu BusinessLine
The Maharashtra Appellate Authority for Advance Ruling for Goods and Services Tax (AAAR-GST) has ruled that ‘money’ is not ‘goods’. Accordingly, it decided against giving
Govt asks RBI to water down PCA scheme, feels norms have put burden on PSBs | Business Standard News
The government has asked the Reserve Bank of India (RBI) to consider diluting the Prompt Corrective Action (PCA) framework, to ensure that regulatory sanctions against
RBI is right | Business Standard Editorials
The Allahabad High Court is set to hear on Monday the Reserve Bank of India (RBI)’s final submissions on a case filed by power companies
Binani Cement creditors allege ‘misconduct’ by RP, say kept out of process – The Financial Express
Operational creditors of Binani Cement on Thursday alleged before the National Company Law Appellate Tribunal (NCLAT) that the resolution professional (RP) kept them out of
Rupee at all-time low does not concern Raghuram Rajan; here’s why he thinks rupee needs modest weakening – The Financial Express
The rupee on Thursday hit a fresh all-time low of 70.32 against the US dollar in opening deals, which does not concern former Reserve Bank of
Tax talk: Know how rent-free accommodation is taxed – The Financial Express
Valuation of rent-free accommodation (RFA) has been specified under Rule 3 of the Income Tax Rules. Valuation of rent-free accommodation (RFA) has been specified under
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