Aimed at helping investors and accelerating growth, the Modi government is planning a new labour legislation that would merge 44 labour laws under four categories– wages, social
Day: June 12, 2019
GST RETURN: New GST return system for taxpayers: Here are all the details–Economic Times
The GST Council in its 31st meeting had decided that a new GST return system will be introduced for taxpayers. The government has unveiled a
For Aadhaar without restrictions on use–Economic Times
The RBI should extend the deadline for enforcing detailed know-your-customer norms for payment wallets, and the government should expedite fresh legislation that would allow use
Creditors can expect 100 per cent recoveries under IBC – The Economic Times
The IBC has strengthened creditors’ rights and the credit market will continue expanding, he pointed out. Creditors can expect 100 per cent recoveries from their
Explained: India’s banking woes is because of poor people management – The Financial Express
By Ritesh Kumar Singh An aspect of Indian banking crisis that hasn’t gotten much attention is HR mismanagement in state-owned banks. Poor people management is
NPA crisis: Why RBI’s new framework on bad loans is interesting – The Financial Express
It is not quite sure as to how this will work out in the times to come. But the RBI has plugged this gap in
NPA crisis: RBI does well not to water down resolution norms – The Financial Express
RBI has also warned banks against ever-greening accounts While the new guidelines on stressed assets put out by the Reserve Bank of India (RBI) do
RBI’s new prudential framework for stressed asset resolution credit positive: Moody’s – The Financial Express
Moody’s Investors Service Monday said the Reserve Bank’s new prudential framework for stressed asset resolution is ‘credit positive’, but flagged the slower-than-expected progress of resolution
Facing another slowdown | Business Standard Column
In spite of optimistic forecasts about a packed “100-day agenda” for the re-elected government of Prime Minister Narendra Modi, it is unlikely that a new
Govt plans big move to close routes of large scale GST evasion – The Financial Express
Once real-time reporting of transactions to a central portal starts, it will be practically difficult for the businesses concerned to reduce their tax liability by
Jet Airways pilots planning to move NCLT demanding dues as hopes for revival dim – The Financial Express
Jet Airways has not paid salaries to its pilots since January. The National Aviators Guild, one of Jet’s pilots’ unions, has engaged a legal representative
New GST return mechanism will be implemented in phases – The Hindu BusinessLine
Forms available for trial from July to Sept; will become mandatory subsequently The Finance Ministry on Tuesday unveiled a roadmap for the implementation of the
Rein in errant auditors – The Hindu BusinessLine
The MCA move to ban IFIN auditors is welcome It is clear that The Ministry of Corporate Affairs (MCA) is annoyed with a few audit
Roll out of simple GST returns deferred to Oct; trial to start next month | Business Standard News
Giving the industry a breathing time, the government has deferred implementation of the simplified returns to October from earlier deadline of July and came out
RBI’s norms to give more headroom to lenders to resolve big ticket NPAs: SBI Report – The Hindu BusinessLine
Reserve Bank’s new guidelines to deal with bad loans will provide lenders the headroom and flexibility for resolution of large ticket stressed asset cases under
Neueon Towers Ltd – Corporate Insolvency Resolution Process (CIRP)-Appointment of Interim Resolution Professional (IRP) – The Hindu BusinessLine
Dear Sir/Madam This is to inform you that the Honourable National Company Law Tribunal (NCLT), Hyderabad Bench has passed the order on 03/06/2019 (uploaded on
Govt mulling national institute for valuers – NEWS – The Hindu BusinessLine
We have enough critical mass for such an institute, says MCA Secretary Srinivas The time is ripe for the setting up of a national level
Scheduled banks healthier now as gross NPA ratio dips in FY19 – NEWS – The Hindu BusinessLine
There was a significant improvement in asset quality of scheduled commercial banks (SCBs) in 2018-19 as the gross NPA ratio declined to 9.3 per cent
Why $190 bn bank loan clean-up is the only way to revive India’s growth | Business Standard News
As of March, about a third of India’s bankruptcy cases had exceeded the 270-day deadline stipulated by law, according to government data Reforms meant to
Three pharma firms in second race for Orchid Pharma resolution process | Business Standard News
There are three pharmaceutical bidders for debt-ridden Orchid Pharma Ltd in the second round of Corporate Insolvency Resolution Process (CIRP) — Gurgaon-based Dhanuka Laboratories, Chennai-based Accord Life
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