A worrying trend often seen in India is dissatisfaction from the current job due to lack of growth. If you are also one of them,
Month: April 2019
When you are done with elections, review how RBI sets inflation target, says Modi’s economic advisor – The Financial Express
India’s new government should review the central bank’s inflation goals, including whether consumer prices or the underlying core measure is the appropriate target to use
RBI governor cites weak investment demand as reason for 25bps rate cut – The Financial Express
With the inflation outlook looking benign and headline inflation expected to remain below target in the current year, it becomes necessary to address the challenges
RBI–Rate or stance? | Business Standard Editorials
Reserve Bank of India (RBI) Governor Shaktikanta Das stoked a debate last week when he urged central banks across the world to think “out of
CBDT identifies 20.4 million non-filers, asks I-T dept to take action | Business Standard News
The Central Board of Direct Taxes (CBDT) has directed the Income-Tax Department to initiate penalty proceedings by June 30 against non-filers and ‘drop filers’ of tax returns.
The exports puzzle – The Hindu BusinessLine
It’s a statistical conundrum. Exports in March 2019, at $32.6 billion, were not just up 11 per cent year-on-year, but also capped a 9 per
Jet Airways’ lenders need to clarify why they pulled the plug after taking control of the airline – The Hindu BusinessLine
Even three weeks back, it might have been difficult to anticipate the spectacular unravelling of India’s second-biggest airline, Jet Airways. After all, lender-banks had finally
GST: Need to make additional GST payment? Here’s how to go about it–Economic Times
Additional GST liabilities? Use DRC 03 to make additional payments During the course of filing GST Return, a taxpayer may discover additional tax liabilities that he or she may
LLP: Limited Liability Partnership framework revamp in the works–Economic Times
India is looking at a comprehensive review of the decade-old Limited Liability Partnership (LLP) framework including steep penalties for nonfiling of returns. The ministry of corporate
With just 5 planes flying, Jet Airways struggles to stay in sky; seeks Rs 400 cr emergency funds – The Economic Times
Government officials said lenders are discussing ways to revive the crisis-hit carrier and fresh funds are likely to be infused shortly. Mumbai/ New Delhi: Crisis
Banks must reflect IL&FS NPAs, RBI tells NCLAT – The Economic Times
The RBI has moved the NCLAT seeking modification of its order that restrained banks from declaring accounts of IL&FS and its group companies as NPAs.
I-T dept revises format of TDS certificate issued by employers – The Economic Times
The changes in Form 24Q will further help in identifying any fabricated transaction undertaken with an aim of tax avoidance, she added. The Income Tax
ITR1 filling salary details: Filling salary details in ITR-1 for FY 2018-19 gets easier for taxpayers
Standard deduction of Rs 40,000 will be a new detail inserted in Form-16 as it was re-introduced in Budget 2018. The ITR-1 form notified by
What to Do With a Problem Like Jet?–Economic Times
With more than Rs 10,000 crore of their lending at risk, lenders of Jet Airways have reportedly failed to reach a consensus over providing a
After GST changes in realty sector, surge in demand seems unlikely – The Financial Express
By Gokul Kishore To implement the GST Council’s recent decisions on the realty sector, the Central Board of Indirect Taxes & Customs (CBIC) has issued six
GST filing rules clarified; audit report format available for Rs 2 crore-plus businesses – The Financial Express
Businesses with an annual turnover of more than Rs 2 crore can now start filing GST audit reports for the financial year 2017-18 as the
New Sebi strictures on subsidiaries make accountants even more accountable | Business Standard News
The Securities and Exchange Board of India’s (Sebi’s) new rule pertaining to reviewing the account of unlisted subsidiaries of listed entity could go a long
Revised Form 16 seeks more disclosures from taxpayers – The Hindu BusinessLine
The Income Tax department has revised Form-16 by adding various details, including income from house property and remuneration received from other employers, thereby making it
Raghuram Rajan: Protectionism doesn’t really help preserve jobs: Raghuram Rajan–Economic Times
Rajan stressed that the reality is that trade while typically beneficial overall, has a distributional impact creating winners and losers. Protectionism does not really help preserve jobs and
IL&FS financial services: IL&FS: Auditor regulator NFRA probing role of EY, KPMG and Deloitte
The newly formed regulator for auditors is probing the role of three of the big four auditors in the alleged financial irregularity in Infrastructure Leasing
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