The Centre has reportedly favoured a pause in further rate cuts on the goods and services tax (GST) due to the revenue shortfall, estimated at
Month: August 2018
GST Council shows maturity | Business Standard Editorials
The latest meeting of the national council, which steers the implementation of the goods and services tax, or GST, moved forward on certain issues of
Prioritise pushing large firms via IBC | Business Standard Column
India has begun on resolving the corporate balance sheet, and four big firms have completed the process. The data for 2015-16 shows that there were
States want single audit of MSMEs – The Hindu BusinessLine
States governments have pitched for a single audit system for Micro, Small and Medium Enterprises (MSMEs) and for a one-time settlement scheme for legacy issues
Arriving at a fair value of the rupee – The Hindu BusinessLine
India must not remove cap on debt inflows in a hurry. A real exchange rate stable at 114-16 will stimulate exports This year rupee volatility
Economy of Maharashtra | सरकारी निवृत्ती | Loksatta
आर्थिक प्रगतीच्या संधींचा अभाव तर आहेच; पण आहेत त्या संधी मूठभरांच्या हाती.. म्हणून आरक्षणाची मागणी होत राहते.. कार्याचा कारणाशी काही फारसा संबंध नसेल तर जे
What your health insurance policy will not cover – The Economic Times
If your hospital segregates room rent and resident doctor’s charges in the bill, chances are your insurer will not foot it. Decoding a health insurance policy document
Debt resolution process: Rising litigation mars success of IBC | Business Standard News
Six months after the Reserve Bank of India (RBI) deadline for the second list of non-performing assets (NPAs), 17 of the 28 cases have been
GST concession but only halfway | Business Standard Column
Last week, the Union finance ministry issued several notifications, giving effect to decisions of the Goods and Services Tax (GST) Council at the latter’s 28th meeting. One of these,
Why are auditors rushing for the exit? – OPINION – The Hindu BusinessLine
It means they smell wrongdoing and don’t want to be implicated. Rating auditing firms will help enhance good governance There has been a rash of
Bhushan Power: Tatas move SC against revised bids – NEWS – The Hindu BusinessLine
Tata Steel has moved the Supreme Court against the National Company Law Appellate Tribunal decision to consider revised bids for stressed asset Bhushan Power and
Absence of true fiscal fundamentals – The Financial Express
There is either a rumour, or false news, going around, and on a subject on which there should be no ambiguity—the magnitude of GST revenues
NRI buying or selling house, land or property? Tax rules for investment in real estate by non-resident Indians – The Financial Express
NRIs will be liable to pay tax on rental income received from a property located in India. Investments in immovable property or the real estate
Rs 40,000 crore GST shortfall pauses rate cuts for now – Times of India
Facing a shortfall of over Rs 40,000 crore in goods and services tax collection, the Centre on Saturday suggested that there was a need to pause on
India is no country for older women | columns | Hindustan Times
A woman waits outside a bank in Amritsar, Punjab. The gender disparities faced by women get exacerbated in old age since the woman often has
Banks to back staff on loan decisions with legal, financial aid – Today’s Paper – The Hindu BusinessLine
To instil confidence and a sense of security among bankers and directors so that they continue to take bona fide lending and recovery decisions without fear, banks
RBI chief hails govt reforms – MONEY & BANKING – The Hindu BusinessLine
Reserve Bank of India Governor Urjit Patel, on Friday, said one cannot and should not underestimate the sagacity and uncommon courage of the government to
SC to hear Tata Steel plea against rebids for Bhushan Power on August 10 | Business Standard News
The Supreme Court will hear a Tata Steel petition challenging the revised bids for Bhushan Power & Steel only on August 10 even as the new offers are expected to be
RBI Monetary Policy: RBI to strengthen banks’ internal ombudsman: Can you hope for faster grievance redressal?
In case the customer is not satisfied, the customer can approach the Banking Ombudsman appointed by Reserve Bank of India of the relevant jurisdiction. Going
GST Return: Key highlights of the draft simplified form & what to expect
Table for reporting supplies with tax liability at various tax rates shall not capture HSN, but would continue supplies at different tax rates. With an
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