Remove Clause 44 in the Tax Audit report While the GST laws on rates of tax and filing of returns keep changing every alternate day,
Month: August 2018
Bankruptcy: Bhushan Power & Steel IRP alleges leak of CoC meeting deliberations – The Economic Times
Tata Steel, Liberty House and JSW have submitted bids for the second time to acquire debt-laden Bhushan Power and Steel Ltd, sources in the know
Defend the rupee, raise policy rates–Economic Times
The Reserve Bank of India (RBI) must stand ready to announce a significant, pre-emptive hike in policy rates, of, say, 0.5 percentage (50 basis) points.
Giant step towards digitisation of courts! SC launches 3 apps – Check what all now litigants can do through smartphones – The Financial Express
The Supreme Court today took a giant step towards digitisation of courts across the country by launching three applications to facilitate e-filing of cases, making
Fall in rupee: What government has say – The Financial Express
Attributing the fall in rupee value against the US dollar to “external factors”, Economic Affairs Secretary Subhash Chandra Garg said today that there is nothing
Bad news for economy: Exports shrink; trade deficit widens – The Financial Express
In a bad news for economy, the trade deficit expanded to $18.02 billion in July as against $16.60 billion last month as oil imports surged
Time for reform | Business Standard Editorials
In the past few years, the central executive and the higher judiciary have repeatedly exchanged barbs over the manner in which senior judges should be appointed. In
GST administration: Remaining issues | Business Standard Column
Last month, I listed and elaborated on the guidance the Chairman, Central Board of Indirect Taxes and Customs (CBIC), issued weekly during GST’s first year,
A new all-time low: Rupee at 70 a dollar now, but let us be reasonable | Business Standard News
The rupee has already plunged under 70 to a dollar. How much more? The question is very relevant, now that the rupee has breached that
IBC | Home buyers: Are home buyers secured financial creditors or unsecured creditors under IBC?
By Aditya Khadria and Sivaprakasam Babu On June 6, the Insolvency and Bankruptcy Code, 2016 (IBC) was amended through the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018
Rupee rumbles – The Hindu BusinessLine
The rupee’s move towards the 70 mark against the dollar in the recent bout of weakness triggered by contagion-risk in emerging market currencies helps highlight
How Corporation Bank’s ‘halla bol’ on NPAs began yielding results – The Hindu BusinessLine
The Hindi phrase ‘halla bol’ is usually associated with aggression. However, Mangaluru-based Corporation Bank is using it in a peaceful way to raise its voice
Bhushan Power creditors to consider revised bids today – NEWS – The Hindu BusinessLine
The Committee of Creditors will consider the revised bids for Bhushan Power and Steel on Tuesday as the deadline for three final bidders – JSW
Banks’ outlook negative till capital position improves: Fitch – The Hindu BusinessLine
The outlook on Indian banks will stay negative due to weak core capitalisation, expectation of elevated credit costs, and poor earnings, Fitch Ratings said on
Uniform insured value for vehicles from Oct 1 – The Hindu BusinessLine
Soon, vehicle owners renewing their auto insurance policies will no longer need to ascertain which insurer offers the highest insured value for their set of
‘NPA additions to slow down after Sept 2019’ – The Hindu BusinessLine
The overall stress in commercial lending has not been increasing and the NPA addition to the banking system is expected to slow down after September
Google tracks your movements, like it or not – The Hindu BusinessLine
Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to. An Associated Press investigation found
IT Ministry urges e-commerce players to set up data centres locally, at the earliest – INFO-TECH – The Hindu BusinessLine
With India tightening its data security regime, the government recently told e-commerce giants such as Amazon to set up their data centres in the country
RBI lens on 200 bad-loan accounts – The Economic Times
The Reserve Bank of India (RBI) has been examining about 200 bad-loan accounts going as far back as 2011as part of its annual inspection of
Staring at another crisis: There is increasing nervousness about inflation that Trump’s trade wars could exacerbate – The Financial Express
Staring at another crisis: There is increasing nervousness about inflation that Trump’s trade wars could exacerbate It is the nature of the beast that we