There are over 1.21 crore registered businesses under the GST, of which 20 lakh are under the composition scheme. All invoices for business-to-business sales by
Month: May 2019
GST: What a novice exporter needs to keep in mind–Economic Times
By Rajat Mohan Novice exporter should always ensure that he is aware of all regulations related to exports including registration procedure, compliances in terms of current taxation
gst: Abbott anti-profiteering case stayed, hope for other firms – The Economic Times
The Delhi High Court’s recent stay on anti-profiteering proceedings against AbbottNSE -0.27 % Healthcare opening a window for other firms to become party to the case that challenges constitutional
IL&FS resolution on track; green companies’ Rs 12,000 cr debt likely to be settled by July: Official – The Economic Times
Noting that the issue is the distribution ratio between secured and unsecured creditors, he said one option could be that senior creditors get precedence and
Bimal Jalan: After elections, set up a body to audit how data was calculated: Bimal Jalan – The Economic Times
One of the big issues facing the Indian economy is that of data credibility. This is the second time around that we have seen the NSSO data being
Patanjali bid for Ruchi Soya: NCLT reserves order, seeks funding details again – The Economic Times
The National Company Law Tribunal (NCLT) Friday reserved its order on the Rs 4,350-crore offer by Patanjali to take over the crippled edible oil firm Ruchi SoyaNSE -4.83
IL&FS resolution on track; green companies’ Rs 12,000 cr debt likely to be settled by July: Official – The Economic Times
Noting that the issue is the distribution ratio between secured and unsecured creditors, he said one option could be that senior creditors get precedence and
Real estate crisis: Representative voting by homebuyers likely – The Financial Express
A stalemate in Jaypee Infratech’s insolvency resolution process and the possibility of similar deadlocks in the rescue plans for other bankrupt realtors, where homebuyers form
Supreme Court says unilateral alteration of contract by govt can’t be foisted upon unwilling party – The Financial Express
The Supreme Court on Wednesday held that any unilateral addition or alteration of a contract by the government can never be foisted upon an unwilling
Builders to refund GST on cancellation of flats booked in FY19 – The Financial Express
Builders will have to refund GST paid by home buyers in case he cancels the flat booked in the last fiscal and will be allowed
Judges must be independent, but must also be accountable – The Financial Express
It is almost an article of faith in India that, to preserve judicial independence, the judiciary mustn’t be made to submit to any kind of
Justice denied | Business Standard Editorials
The procedure through which the three-judge committee’s findings exonerated Chief Justice Ranjan Gogoi raises more questions than answers. One of the anomalies in the apex court is
More questions on GDP | Business Standard Editorials
Indian official data for both employment and output has increasingly begun to be questioned both internally and internationally. This concern began to be expressed first
‘Dodgy GDP numbers’ rattle markets; stocks go into free fall – The Hindu BusinessLine
Economic woes, poor corporate show add to gloom Stock markets in India are coming to terms with the impending economic stress even as the initial
Home buyers have no say in choice of GST rate: FinMin – The Hindu BusinessLine
A home buyer cannot decide which GST rate will be applicable on the amount remaining on an under-construction flat. A lowered duty was made applicable
ICRA expects better realisations for lenders under IBC in FY20 – The Hindu BusinessLine
Our Bureau Rating agency ICRA said on Wednesday it expects financial creditors to realise more than ₹80,000 crore in FY20 from the IBC process, against
Current crisis in SC is an opportunity to address serious gender disparity on the bench | The Indian Express
The judiciary is one of the least diverse institutions in this country with lack of gender diversity being the most visible yet ignored aspect. (Illustration
IL&FS crisis: Fraud office probes role of 4 credit rating agencies | Business News, The Indian Express
At least four credit rating agencies are being probed by the Serious Fraud Investigation Office (SFIO) for their role in rating the debt instruments of
Anil Ambani: Anil Ambani’s RCom’s bankruptcy begins; next hearing on May 30
The Mumbai bench on May 7, also had directed the existing RP to file a progress report by May 30 when it will hear the
funding for sme: Offer up to Rs 1 cr overdraft to MSMEs on turnover reported in GST returns: ICICI Bank – The Economic Times
ICICI Bank aims to bring in more digitised services for the MSME sector, enabling quicker payment transactions, less paperwork and faster reconciliation solutions. Pankaj Gadgil, Head
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