The National Company Law Appellate Tribunal (NCLAT) has directed IL&FS to provide the details of the dues at 13 of its group companies and those
Month: March 2019
Low inflation under Modi helping poor, says CEA Subramanian; here’s what he says on RBI’s monetary policy – The Financial Express
Global challenges such as muted exports and slow credit growth posed a challenge for some time, said Chief Economic Advisor Krishnamurthy Subramanian. Inflation has remained
CEA Subramanian counters Raghuram Rajan on GDP data: Controversy baseless; growth best since liberalisation – The Financial Express
He said that GST and Insolvency and Bankruptcy Code (IBC) were transformational reforms by the current government. Responding to the doubts raised by former RBI Governor Raghuram Rajan,
Banks face higher provisions on resolution delays to big-ticket NCLT cases | Business Standard News
Four big-ticket National Company Law Tribunal (NCLT) cases — Essar Steel, Bhushan Power and Steel, Jaypee Infratech, and Alok Industries — will see their resolution
GST rule change to aid businesses with better cash flow management | Business Standard News
Reversing its February notification, the central board of indirect taxes and customs (CBIC) has provided a relief to businesses in terms of using credit in
NYAY, PM KISAN problematic, target narrow group: Arvind Subramanian | Business Standard News
The Narendra Modi government’s new flagship scheme PM Kisan, as well as the Congress’ NYAY scheme do not meet the criterion of being good, targeted universal basic income (UBI)
View: Congress’ NYAY scheme is neither fair nor feasible – The Economic Times
By Arvind Panagariya Congress’ minimum income scheme, Nyuntam Aay Yojana (NYAY), raises several puzzling questions. Congress president Rahul Gandhi stated his party worked on the scheme for six months and consulted
Income tax: CAs across India request Modi govt to rein in tax officials | Chartered Accountants–Economic Times
Chartered accountants across the country have requested the Prime Minister’s office and the Finance Ministry to rein in tax officials who have been directed to take “all possible
Debtors need to honour contracts, says chief economic advisor – The Economic Times
If the country has to be disruptor to occupy its place among other developed countries, it has to follow a culture of ensuring debtors honour
GST: Changes planned in e-way bill system to contain GST evasion
India is eyeing several changes to the electronic-way bill system, ranging from auto calculation of distance for movement of goods to barring businesses from generating
Exporters under the scanner for claiming tax benefits twice – The Economic Times
Many exporters have come under the taxman’s lens for claiming tax credit for the same export twice under the inverted duty structure. Those who have received notices
The crisis in India’s justice system–Economic Times
The judgment of the Panchkula special court, which had acquitted all the four accused in the Samjhauta Express bomb blast case last week, comes down
Rahul Gandhi’s NYAY difficult to implement; Arvind Panagariya raises 3 key questions – The Financial Express
The incentive compatibility, fairness and fiscal challenge are the three key concerns raised by the first vice chairman of NITI Aayog for two years from
‘IBC changed India Inc’s view on default’ – Chief Economic Advisor–The Hindu BusinessLine
CEA Subramanian says firms now want to settle fearing loss of control over biz “Before the Bankruptcy Code, lot of businesses were playing coin toss
संशयास्पद कंपन्यांचे व्यवहार तपासणार –महाराष्ट्र टाइम्स
नोंदणी रद्द करण्यात आलेल्या तीन लाख कंपन्यांचे आर्थिक व्यवहार तपासण्यात येणार आहेत. केंद्रीय प्रत्यक्ष कर मंडळाने (सीबीडीटी) प्राप्तिकर विभागाला याबाबत आदेश दिला आहे. नोटाबंदीच्या काळात
RCom against closing insolvency plea, Ericsson wants it withdrawn – The Economic Times
The RCom-Ericsson spat continued in the Supreme Court with the Swedish company insisting it should be allowed to close insolvency proceedings initiated against RCom in
GST magic dulls as govt stares at huge tax shortfall – The Financial Express
Even when the budget was presented, the much lower projection of a 13.5% growth in FY20 tax collections suggested the government also realized that the
Auto Sector–Throttling back – The Hindu BusinessLine
Production cutbacks in the auto sector suggest that the economy too is slowing down The domestic auto industry, which began this fiscal on a high
The Congress’s NYAY plan is just a palliative | analysis | Hindustan Times
Rahul Gandhi’s promise of a minimum basic income, the biggest income transfer programme to be announced, is fraught with challenges. There is a fundamental problem
How to file GSTR 9: Preparing the first-ever annual return for financial year 2017-18 | GST–Economic Times
By Archit Gupta The filing of the first annual return for FY 2017-18 is due in roughly three months. It covers a period of nine
