Policy makers should take into account how internet is creating new wave of jobs and should integrate the traditional method with new age tools and
Month: September 2018
Government brings in 5 big measures to get widening CAD under control – The Economic Times
The government Friday announced an array of steps, including removal of withholding tax on Masala bonds, relaxation for FPIs, and curbs on non-essential imports, to
JPMorgan: Govt may have to sacrifice growth to reduce fiscal deficit: Jahangir Aziz, JPMorgan – The Economic Times
Fix CAD, fiscal deficit first: Jahangir Aziz, JPMorgan Highlights When CAD and fiscal deficit go up, bond yields go up and exchange rate depreciates. The
GST: Taxpayer with turnover over Rs 2 cr need GST audit certificate, will be arduous job for auditors
Fortunately, the Government has prescribed 2 different certifications as part of GST Audit Format – one where reconciliation statement is drawn and audited by statutory
Essar Steel bid: ArcelorMittal to Supreme Court: Will pay dues if Essar Steel bid accepted–Economic Times
ArcelorMittal told the Supreme Court it would lift the escrow on Rs 7,000 crore and pay the money owed by Uttam GalvaNSE 3.86 % and KSS Petron, companies in which
Ironing out the GST wrinkles – The Financial Express
The GST Amendment Bill of 2018 is the first ever revision to the supreme law regulating the GST. The Monsoon Session of the Parliament will
Playing with fire on duty cuts for petrol and diesel – The Financial Express
Right now, the highest rate of taxation under GST, however, is 28% though the GST law allows for this to be raised to a maximum
SC observation: ‘NCLT must not step in at every stage’ – The Financial Express
The Supreme Court on Thursday said the National Company Law Tribunals (NCLTs) and the appellate tribunal should not entertain petitions by the concerned parties at
Domino effect – The Hindu BusinessLine
The IL&FS downgrade has lessons for many other financial market constituents The ruckus that has followed the recent credit downgrade at project financier Infrastructure Leasing
Insolvency process: Banks to seek RBI clarity on SC’s status quo order | Business Standard News
Bankers will approach the Reserve Bank of India (RBI) to seek clarity on whether they can proceed with insolvency proceedings against stressed corporate debtors. This follows
[June 6, 2018 Ordinance ] : Sources reveal new recommendations by IBC panel
June 6,2018 Ordinance Government sources have confirmed to ET NOW some of the recommendations of the Insolvency and Bankruptcy Panel recommendations, indicating that the current norms would
NCLT/NCLAT shouldn’t interfere in insolvency resolution proceedings: Supreme Court – The Economic Times
The Supreme Court on Thursday said the National Company Law Tribunal (NCLT) and the Appellate Authority (NCLAT) should refrain from interfering in insolvency resolution proceedings by the Interim Resolution
GST: TDS/TCS provisions to come into effect from October 1 – The Financial Express
The GST portal has not yet rolled out the functionality to furnish these two forms. The government on Thursday notified the form for audit report
Now TDS/TCS for GST also, provisions to come into effect from October 1 – The Financial Express
The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at source (TCS) provisions under
Rupee is falling, fuel prices are rising but Modi government to stick to guns on fiscal discipline: Official – The Financial Express
Rupee is falling, fuel prices are rising but Modi government to stick to guns on fiscal discipline: Official The government is determined to keep fiscal
Ben Bernanke admits Fed made mistakes combating financial crisis 10 years ago – The Financial Express
Former Federal Reserve Chairman Ben Bernanke acknowledged that policy makers made two critical errors fighting the financial crisis a decade ago: They failed to see
Don’t interfere in insolvency resolution proceedings: SC to NCLT/NCLAT | Business Standard News
The Supreme Court on Thursday said the National Company Law Tribunal (NCLT) and the Appellate Authority (NCLAT) should refrain from interfering in insolvency resolution proceedings by the
Structural reforms needed to fix CAD challenges | Business Standard Column
India is currently facing challenges in the management of its external account, reflected in worries about rupee depreciation, and concerns about the current account deficit (CAD). India’s
Public sector banks’ governance poses systemic risk – The Hindu BusinessLine
If there is little change in the way the banks are run, a substantial pile of fresh bad debts will be generated again in a
No ‘halla bol’ at defaulter’s residence: Kerala HC to Corp Bank – The Hindu BusinessLine
The Kerala High Court, on Thursday, restrained the management of Corporation Bank from holding any sort of demonstration by its employees in front of a
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