The Goods and Services Tax (GST) Council may consider one-time amnesty scheme to facilitate exit for ‘nil’ filers and non-filers. “Approximately there are 25 lakh
Month: December 2018
GST compensation paid to states declines to Rs 11,900 cr in August-September – The Hindu BusinessLine
GST compensation paid to states by the Centre has declined to over Rs 11,900 crore during August-September, an official said. The bi-monthly GST compensation paid
Over 2 lakh assessees who migrated from VAT regime opt out of GST net – The Hindu BusinessLine
Over 2 lakh assessees have opted out of the Goods and Services Tax (GST) registration as their turnover is below the prescribed threshold. This will
Why have markets been overreacting? – The Hindu BusinessLine
On oil, rupee and CAD, markets have turned out wrong. This is because they did not look beyond short-term risks Dominant market opinions on key
New growth narrative – The Hindu BusinessLine
The official ‘back series’, with FY12 as base year raises some concerns It’s official, at least for now: the updated GDP series, released jointly by
Year-end compliance under GST: Filing the annual GST return is a tedious task – The Financial Express
Form GSTR 9 provides for consolidation of monthly or quarterly GST returns, i.e., value of supplies, input tax credits availed and utilised, taxes paid etc.
‘Of Counsel’: Arvind Subramanian on how RBI missed ‘Draghi moment’ | Business Standard News
When I first took up the CEA’s job, I had the sense — which I articulated publicly two months into my tenure — that the
We have used more reliable data to decompose economy: Pravin Srivastava | Business Standard News
After what turned out to be an eventful week for Chief Statistician of India Pravin Srivastava — his ministry released the back series of national accounts for the UPA
We are eager to cooperate in new industrial revolution | Business Standard Column
I congratulate President Ramaphosa on the success of BRICS (Brazil, Russia, India, China and South Africa) Summit in Johannesburg in July and hosting this meeting. In BRICS we represent
Insolvency and Bankruptcy Code outcome very encouraging so far: Dr M S Sahoo – The Hindu BusinessLine
“The speed of resolution process has to improve so as to make the Insolvency and Bankruptcy Code (IBC) more responsive to the large number of
Are you aware of these new PAN rules? All you need to know – The Financial Express
The Income Tax Rules, corresponding to Section 139A, did not provide the time line by which such persons may apply for PAN allotment. Permanent Account
P Chidambaram pokes fun at BJP for celebrating GDP data – The Financial Express
The Indian economy grew at 8.2 per cent in the April-June quarter of this fiscal. Congress leader P Chidambaram poked fun at the BJP Saturday over the GDP growth data,
Pound doesn’t show the full Brexit picture – The Financial Express
Lionel Laurent (Bloomberg) Markets hate uncertainty, and Brexit has it in spades. Leaving the European Union seems to present the U.K. with an unappealing choice
RBI-Winning to lose – The Hindu BusinessLine
In the annals of ancient Greek historiography, King Pyrrhus of Epirus was considered one of the greatest military commanders of his time who, in his
loan: 5 steps to prepare yourself for a bank loan – The Economic Times
Choosing the right bank is also important and sometimes it matters even on the location of a bank. Getting a bank loan can become easier if you
View: Recalculating GDP figures isn’t wrong, it’s strange. Let CSO explain this – The Economic Times
By Ashok V Desai The NDA government has been a pioneer a number of times. Demonetisation and the goods and services tax (GST) are only
Arvind Subramanian: RBI’s excess capital should be used to recapitalise banks: Arvind Subramanian
Former chief economic advisor (CEA) Arvind Subramanian has made a strong pitch to the government to claim Rs 4.5-7 trillion in excess capital from the Reserve Bank of India
Demonetisation move was against corrupt not elite: Rajiv Kumar – The Economic Times
Demonetisation was a move against corrupt people and not against elite as has been indicated by former chief economic advisor Arvind Subramanian, Niti Aayog vice-chairman Rajiv Kumar said Friday. Subramanian in
Arvind Subramanian: What ex-CEA Subramanian says on note ban now; what he said earlier
Arvind Subramanian, India’s former chief economic adviser, has called demonetisation “draconian” in his soon-to-be-released book ‘Of Counsel’. He resigned in June this year due to “pressing
Government breaches full-year fiscal deficit target at October-end – The Economic Times
Tax revenue was 44.7 per cent of BE compared to 51.6 per cent achieved in the comparable period of the last year. The full-year fiscal deficit target
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