Finance Minister Arun Jaitley hinted on Monday the government could look at merging the 12 per cent and 18 per cent slabs in the goods and services tax (GST)
Month: December 2018
Inheritance Tax and Farm Waiver–Unpopular thoughts to end the year with | Business Standard Column
As the year winds down, it is time to reflect on what lies ahead in the new year. This column will speak about, at the
Govt tightens e-comm policy to check misuse by online players – The Hindu BusinessLine
Plugging some of the loopholes in the Foreign Direct Investment (FDI) norms on e-commerce, the Centre has come up with a review policy explicitly stating
GST-Still a work in progress – The Hindu BusinessLine
GST Council has done well to rationalise rates over time, amidst revenue concerns In a belated but welcome effort, the Centre is pushing for lower
All you want to know about EMV chip cards – The Hindu BusinessLine
Are you wondering why you received a new debit card while your existing debit card is just working fine? Well, here is the reason. Banks
All you wanted to know about PCA – The Hindu BusinessLine
If you had just got a handle on the NPA animal after all the noise around it in the last two or three years, the
essar steel: NCLT helps recover Rs 80,000 crore in 2018; kitty may cross Rs 1-lakh crore in 2019 – The Economic Times
High-profile cases lined up for 2019 include Essar Steel and Bhushan Power & Steel. Tasked with a key job of helping recover unpaid corporate loans,
Taxman shows up at startup valuers’ doors – The Economic Times
Even as the Centre seeks to pacify India’s startup ecosystem on the so-called angel tax, chartered accountants and industry experts have come under the taxman’s lens for the methodology
Crude oil: Oil plunges 6% as economic slowdown fears grip market – The Economic Times
Oil prices plunged more than 6 per cent to the lowest level in more than a year on Monday, pulling back sharply late in the
‘I am all alone in WH’, says Trump as partial government shutdown enters third day – The Economic Times
Despite the shutdown, military personnel were on the operation, as were reportedly some 1,500 people who volunteer each year. Bored at the White House on Christmas Eve,
A shiny new start for Indian steel–Economic Times
Resolution of stressed bank assets under the Insolvency and Bankruptcy Code (IBC) has led to solid transformation in steel. Domestic steel majors have bid aggressively
View: Modinomics won’t bring in achhe din in the short term – The Economic Times
by R Jagannathan The term achhe din may mean many things to many people. But in mass electoral terms, it ought to mean two simple
NTPC for single window registration for MSEs – The Economic Times
Buoyed by over 36 per cent of its procurement from micro and small enterprises (MSEs), power giant NTPC has pitched for their universal registration for supplies to all CPSUs
Inheritance tax has spurred large endowments to hospitals, universities in the West, says Arun Jaitley – The Financial Express
“Once they are successful in life, they keep supporting the institutions with those endowments. Some IITs have started that experiment now in India. But still
Tight scrutiny: RBI cancels registration of 1,300 NBFCs in H1FY19 – The Financial Express
The spurt in action against errant NBFCs this fiscal suggests a heightened scrutiny of non-bank lenders around the time the Infrastructure Leasing & Finance (IL&FS)
Supply to duty-free shops liable to GST, rules high court – The Financial Express
Earlier this year, the AAR in Delhi had ruled that a retailer at the Delhi’s international airport will have to pay applicable GST on sales.
Monetary policy in 2018: Targeting inflation in uncertain times wasn’t easy – The Financial Express
This was because headline inflation, pulled down by sharp undershooting of food price inflation, masked adverse movements in the underlying trends of other key elements
Farm loan waivers: Double-edged sword for banks & farmers – The Financial Express
By Kushankur Dey Farm loan waivers amounting to more than Rs 85,000 crore in the two consecutive financial years (2017-18 and 2018-19) announced by various
Bank bailout – The Hindu BusinessLine
It is short-sighted to prioritise PCA banks in the recapitalisation exercise The Centre’s decision to peg up its recapitalisation package for Public Sector Banks (PSBs)
Hurtling towards a Big Brother State – The Hindu BusinessLine
A snooping State can go totalitarian unless there are strict guidelines on the process and purpose of data gathering So it is now official: the