Arecent series of so-called “angel tax” notices received by start-ups have caused consternation. Under Section 56 of the Income Tax Act, the tax department can
Month: December 2018
Lenders reject JSW Energy offer for Monnet Power citing poor terms | Business Standard News
Lenders to Monnet Power have rejected the lone bid from JSW Energy, citing poor terms of the offer. “Monnet Power will go for liquidation as
Surveillance state – The Hindu BusinessLine
Giving intelligence agencies sweeping powers without a system of oversight is a bad idea The Centre’s decision to authorise 10 central agencies to intercept, monitor
Band-aid or not, farm loan waivers count – The Hindu BusinessLine
The results of the recent Assembly elections have brought back farm distress to the centre- stage The outcome of the recent polls in five States,
‘In a resolution plan under IBC, personal guarantors can’t step into creditor’s shoes’ – The Hindu BusinessLine
Thus, the liability of a personal guarantor survives a resolution process under the IBC: NCLAT The National Company Law Appellate Tribunal (NCLAT) has ruled that
New RBI governor should follow his “dharma” to protect autonomy: Rangarajan – The Hindu BusinessLine
Shaktikanta Das is not the first bureaucrat to be appointed as RBI governor and should follow his “dharma” to protect RBI’s autonomy like his predecessors,
US Defense secretary James Mattis resigned after clashing with President Donald Trump | मी.. माझे.. माझेच! | Loksatta
महत्त्वाचे निर्णय घेताना आपल्या काही ज्येष्ठ मंत्र्यांशी सल्लामसलत करावी, त्यांचे भले ऐकायचे नसेल पण निदान त्यांना विश्वासात घ्यावे, हे संकेत ट्रम्प पाळत नाहीत.. अमेरिकेचे अध्यक्ष
No moratorium for personal guarantors: Supreme Court – The Economic Times
A bench, comprising Justices RF Nariman and Indu Malhotra, agreed with his contention and set aside the tribunal’s order. The Supreme Court on Tuesday clarified
Wilful defaults: 2,571 FIRs registered, 9,363 recovery suits filed by PSU banks – The Financial Express
The country’s commercial banks hold non-performing assets (NPAs) worth Rs 10.4 lakh crore, around 11.2% of their total loans outstanding. Public sector banks have filed
NPA resolution: Banks go for all-cash sale of stressed assets – The Financial Express
By Mitali Salian Delay in litigation aside, fear of poor redemption of security receipts (SRs) have prompted banks to increasingly insist on all-cash deals on
editorial on modi government’s decision to allow 10 government agencies to access citizens’ digital messages – पाळतीचे राजकारण | Maharashtra Times
पाळतीचे राजकारण गुप्तचर विभागासह देशातील दहा तपास यंत्रणांना खासगी संगणक आणि मोबाइल फोन यांवरील माहिती तपासण्याचा; तसेच पाळत ठेवण्याचा अधिकार देण्याबाबत मोदी सरकारने काढलेल्या आदेशावर
Inflation: Why low inflation should worry the government – The Economic Times
Retail inflation fell to a 17-month low — good news for the consumer and the economy as interest rates have already begun to trend lower. But a
What are the inclusions and exclusions in a car insurance policy? – The Economic Times
Third-party car insurance cover will pay for any fiscal liability and will also take care of any legal repercussions that arise out of the accident.
Welcome changes to GST, yet more needed–Economic Times
The Goods and Services Tax (GST) Council has opted for incremental reform, lowering rates of 23 goods and services, including seven items, in the 28%
Good news for home buyers: GST Council may look at reducing tax on homes under construction – The Financial Express
Builders are not passing on the input tax credit (ITC) benefit to consumers. The GST Council is likely to consider lowering goods and services tax
Bank recap no different from farm loan waiver | Business Standard Column
The CEOs of bad debt-laden state-owned banks should start partying, thanks to the early arrival of Christmas after a stressful year, relentlessly chasing rogue borrowers
Governance over-reach | Business Standard Editorials
The Union home ministry has authorised 10 central agencies involved in security and intelligence to intercept, monitor and decrypt “any information generated, transmitted, received, or
PSBs: Capital infusion won’t fix them | Business Standard Column
As it has done with most problems inherited from the Congress-led government, the National Democratic Alliance (NDA) has tried to find a quick fix for
Goods transport cross borders | Business Standard Column
Logistics service providers having registration as Authorised Economic Operators may now obtain a TIR-Carnet from the Federation of Indian Chambers of Commerce and Industry (Ficci) for
Key learnings from GST advance rulings: Not all that ‘bad’ | Business Standard Column
It has been nearly 540 days since the introduction of goods and services tax (GST) and we already have around 280 advance rulings and 40 orders from
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