IMF Chief Economist Gita Gopinath is the latest to join the chorus of the prominent people raising doubts over India’s real economic growth, after a
Day: April 11, 2019
Employee rights under civil, labour laws; when can one file payment recovery case – The Financial Express
By Daizy Chawla, Harsimran Singh Rights of an employee are governed by the nature of employment as provided under varied laws and the contract of
NCLAT may ask ArcelorMittal to deposit Rs 42,000 cr bid amount for acquiring Essar Steel – The Financial Express
The bench also directed the operational creditors and financial creditors of Essar Steel to file a chart next week, detailing their claims approved by resolution
Govt to study the impact of SC ruling on bad loans cases – The Financial Express
Srinivas said the relevant part of the RBI circular, which says that if the resolution does not take place within 180 days, banks have no
Headwinds for growth | Business Standard Editorials
The International Monetary Fund (IMF) has revised downwards its estimates of growth in India’s gross domestic product (GDP) by 20 basis points for both 2019-20
Macroeconomic priorities for new govt | Business Standard Column
With the National Democratic Alliance (NDA) government completing its five-year term and elections under way, it is a good time to outline what should be some of
I-T crackdown: Over 100,000, mostly HNIs, come under lens for AY12-13 | Business Standard News
Taxman will identify cases based on data profiling and reporting of taxpayers Over 100,000 taxpayers across the country, particularly high networth individuals, have come under
UP RERA directs banks to strictly comply with escrow account provisions | Business Standard News
Cracking the whip against diversion of funds by unscrupulous builders from ongoing realty projects, the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has directed commercial banks
RP moves NCLT for extension of Asian Colour Coated Ispat deadline | Business Standard News
Sole bidder JSW Steel’s Rs 1,200 crore offer for downstream company, Asian Colour Coated Ispat Limited, may be under a cloud, as the resolution professional and the
India’s crony capitalism claims another victim | Business Standard News
The verdict is a serious blow to the central bank’s officials, who have been trying to tackle one of the world’s worst bad debt problems
Time to repeal law on sedition – The Hindu BusinessLine
Treating any random act of indiscretion as seditious has no place in a democracy The propensity of elected governments to trample individual freedoms has been
From July 1, insurers to provide claim tracking mechanism – The Hindu BusinessLine
Access to credit is not the same as enabling a credit card, according to Brett King, acclaimed influencer in financial services, Co-Founder and CEO of
Income Tax Dept looking at IBC resolution cases for possible tax violations – NEWS – The Hindu BusinessLine
The Income Tax Department has sought details of the status and identification of creditors and debtors under the Insolvency and Bankruptcy Code (IBC) to investigate
5.6 lakh housing units worth Rs 4.51 lakh cr facing delays in 7 major cities: Anarock – The Hindu BusinessLine
Around 5.6 lakh housing units, worth Rs 4.5 lakh crore in seven major cities are running behind the delivery timelines mainly due to demand slowdown
‘PSB recapitalisation and resolution of stressed assets under IBC to improve bank credit offtake’ – MONEY & BANKING – The Hindu BusinessLine
Recapitalisation of public sector banks (PSBs), the ongoing improvement in their financials, and resolution of stressed assets under the Insolvency and Bankruptcy Code are expected
ITR 1 filing: ITR-1 for FY2018-19 asks for interest income break-up from tax payers–Economic Times
In the previous year’s ITR-1 form, the taxpayers were asked to provide an aggregate amount of income from other sources received by them. This year
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