Regulations came into effect 15.12.2016 –Amended upto 22.10.2018 Companies —Books of Accounts and the financial statements as defined in Companies Act 2013–Section 2/13 and 2/40— LLP–Books
Day: February 13, 2019
Cash in circulation now more than pre-demonetisation level – The Economic Times
The CIC-to-GDP ratio was 11.9% on the eve of demonetisation. MUMBAI: Currency in circulation touched a new high of Rs 20.65 lakh crore on January
What’s next in GST: Consistent laws, crackdown on evaders – The Economic Times
Real estate may be the only major sector where effective rate of tax has arguably gone up in GST. by Pratik Jain We started with
Do not fret about India’s cash economy–Economic Times
An HSBC global research report finds a spike in India’s cash in circulation, after demonetisation had knocked off the bulk of it. The ratio of
NCLAT adjourns Anil Ambani’s RCom’s insolvency plea to 6 March – The Financial Express
The tribunal had directed RCom and its subsidiaries to pay Rs 550 crore to Ericsson India in 120 days, failing which it will direct insolvency
Do real estate firms file income tax returns regularly? I-T department doesn’t know: CAG report – The Financial Express
No mechanism exists with the Income Tax Department (ITD) to ensure that all the registered companies have PAN and are filing their Income Tax Returns
Delayed GST returns: Here’s how much money government made in late fees – The Financial Express
While usually delayed tax returns by the taxpayers is an inconvenience, and often a burden, for the exchequer, the Indian government has netted a neat
As Essar Steel saga goes on, up to judiciary to ensure that banks get money back soon – The Financial Express
As Essar Steel saga goes on, up to judiciary to ensure that banks get money back soon The Supreme Court (SC) has done well to
Your loan interest rate still high after RBI cut? Know how long it takes for monetary policy transmission – The Financial Express
Even after the RBI’s surprise monetary policy rate cut last week, there are apprehensions about the pace of monetary transmission in the economy. RBI Governor Shaktikanta
Essar Steel insolvency case: SC clears decks for ArcelorMittal’s bid | Business Standard News
The Supreme Court (SC) on Monday dismissed a plea by 28 operational creditors of Essar Steel seeking to be heard by the National Company Law Tribunal (NCLT)
Reduce trade tensions | Business Standard Editorials
United States Secretary of Commerce Wilbur Ross will be in India this week amid growing tensions that threaten to destabilise trade relations between the two countries. Many
IBC–Essar Steel: Ruias want in at CoC meetings – The Hindu BusinessLine
Raising fresh objections to the approval given by the Committee of Creditors (CoC) to ArcelorMittal’s resolution plan for the stressed Essar Steel India Ltd (ESIL),
‘GST is of no use to us’ – The Hindu BusinessLine
Bal Malkit Singh, former President of the All India Motor Transport Congress. Bottlenecks still abound, says former AIMTC President Bal Malkit Singh Has the Goods
Ayushman–Policy shift – The Hindu BusinessLine
By unveiling the Ayushman Bharat scheme last September, the Centre signalled a sharp shift towards insurance-led public health. In some measure, this was necessary in
Turnaround signs – The Hindu BusinessLine
After springing nasty surprises on investors for the last three years, beleaguered corporate banks in India have offered glimmers of hope with their financial performance
Because data is a public good | The Indian Express
The National Statistical Commission (NSC) was one of the two most visible outcomes of the report of C Rangarajan on the Indian Statistical System, submitted