The pace of rupee’s fall against the dollarNSE -0.43 % has stunned both economists and analysts, who have been finding it difficult to gauge the real impact
Month: September 2018
GST Return | Not so simple: Annual GST return seeks additional details from taxpayers–Economic Times
The Government, on September 4, 2018, notified the format for filing annual return for both regular dealers (GSTR-9) and composition dealers (GSTR-9A). The new annual return is
GST tax rates: GST effect? Hundreds of thousands laid off despite growth – The Economic Times
Tilak Raj Bathla’s tiny weaving factory is one of the few still humming on a once busy road in the northern city of Panipat, known
ITR verification receipt status: How to check ITR-V receipt status
If you have opted to verify your tax returns by sending ITR-V, follow these steps to check the status of it. Now that the deadline
Amrapali Group: Supreme Court allows Corporation Bank to move NCLT for claims against Amrapali Group – The Economic Times
The bench said “permission is granted” to the bank to move to NCLT so that its claim did not become time barred. The Supreme Court
Bhushan Power & Steel: Bhushan Power lenders allowed JSW Steel to change parameters of bids: Tata Steel – The Economic Times
A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya has listed the matter on September 24 for next hearing. Tata SteelNSE 0.99 % Thursday
GST annual return forms to help check tax evasion: experts – The Economic Times
The last date for filing the annual return form for normal taxpayers (GSTR-9) and for composition taxpayers (GSTR-9A) is December 31. The newly notified annual
Ease GST costs for small businesses–Economic Times
Ease GST costs for small businesses The goods and services tax (GST) rate has been lowered on many products from 28%, but the operating costs
India has enough forex reserves for a rainy day, RBI has space to burn up to $30 billion more – The Financial Express
They have fallen below the last 10-year average but RBI has space to burn up to $30 billion more. As FX assets start to fall
Why GST exemptions would prove to be a bane rather than a boon – The Financial Express
GST follows the value-added tax (VAT) mechanism, where tax is payable on every value-add in the supply-chain (either supply of goods and / or services)
Rupee breaches 72 mark against dollar for the first time; RBI intervenes | Business Standard News
The rupee crossed the 72-a-dollar mark on Thursday, but retreated on intervention by the Reserve Bank of India (RBI). The currency fell to 72.07 a dollar in intra-day trade, but closed
The fuzzy impact of demonetisation – The Hindu BusinessLine
DeMo does not seem to have impacted black money hoards. It may, however, lead to improved tax compliance in the long run The recently released
With IBC the preferred route for debt recovery, NCLTs are snowed –The Hindu BusinessLine
The average haircut that lenders take under the Insolvency and Bankruptcy Code (IBC) is at 51 per cent so far, and the process has emerged
Rupee devaluation: How government should deal with falling rupee – The Economic Times
In 2013, the rupee had fallen 23% between Feb and Aug. In 2018, the fall is 11% between Jan and Sept. The rupee was falling…
Rupee: Mechanics of rupee fall: There is more to it than what meets the eye – The Economic Times
The fact that the rupee overvaluation is now getting corrected in REER terms is positive. The recent steep depreciation of the rupee has created headlines. Though the
Finance Ministry simplifies GST refund claim process for businesses – The Economic Times
via Finance Ministry simplifies GST refund claim process for businesses – The Economic Times
GDP Growth: Member of RBI’s rate-setting panel questions GDP growth numbers
The Reserve Bank of India has maintained its full-year growth forecast at 7.4 percent, while flagging risks from high oil prices and trade tensions turning
Global factors behind rupee fall, no need for knee-jerk reaction: Arun Jaitley – The Economic Times
Finance Minister Arun Jaitley Wednesday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions. He further said
Third-party Insurance Rule: New rules of third-party insurance: Should you buy package or bundled policy now?
With the introduction of multi-year third-party covers, it becomes all the more important that you make an informed decision. If you buy a car after
Bad Loan | Loan against property (LAP): Lenders sitting in the LAP of disaster?
Latest data show that loans to MSMEs by banks and NBFCs increased to Rs 12.60 lakh crore in March 2018, from Rs 7.06 lakh crore
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