Travel and tour company Cox & Kings Thursday said it has defaulted on the payment of commercial papers due to cash flow mismatch and a situation exacerbated
Day: June 28, 2019
Vision is to increase MSMEs contribution to GDP to 50%: Nitin Gadkari – The Economic Times
Nitin Gadkari added that for successful practices and new research, it is necessary that Indian entrepreneurs understand the successful technologies in the world. Union Minister
GST: Soon, GST taxpayers will get ‘risk scores’–Economic Times
A list of taxpayers along with risk scores will be provided to field formations in dividing them in three categories as per their turnover. The
Out of 43 lakh cases pending in High Courts, over 8 lakh a decade old – The Economic Times
More than 43 lakh cases are pending in the 25 high courts in the country and over 8 lakh of these are over a decade
Health Insurance: How a smoker can buy health insurance–Economic Times
By C.S. Sudheer One of the biggest myths in personal finance is that smokers can’t get health insurance. Contrary to popular belief, health insurance companies do offer coverage to
What are NPAs? Here’s how bad loans can affect a bank’s finances – The Economic Times
A non-performing asset (NPA) is a banking industry term for a ‘bad loan’ – i.e. one that has not been repaid within the stipulated time,
Big Challenges of the Small Sector–Economic Times
The RBI-appointed U K Sinha panel on micro, small and medium enterprises (MSME) makes a slew of sensible recommendations. From a new code to rid
MSME day 2019: A Rs 16 lakh crore problem for Indian MSMEs – The Economic Times Video | ET Now
Indian SMEs face a credit gap to the tune of about Rs 16 lakh crore (about $240 billion). What is worse is the fact that
International MSME Day: MSMEs key component of India’s $5-trillion economy quest: Arun Kumar Panda, MSME Secretary
Radical transformations to reorient MSMEs in the offing: Arun Kumar Panda, Secretary, MSME Underlining the importance of Skill upgradation among MSMEs to bring them at
GST: Anti-profiteering investigation: Mock purchases, premise visits planned to check B2B invoices
Taxmen could carry out ‘mock purchases’, visit premises and check invoices issued by top 20 goods and services suppliers as part of anti-profiteering investigations in their
I-T returns: 3,500 exporters under lens – The Economic Times
The government has trained its guns on around 3,500 exporters whose customs records are not matching their income tax returns, while another 3%-odd traders are under the lens
Bogus IGST refund claims: Government to verify exporters’ claims before sanctioning – The Economic Times
With the government detecting fraudulent refund claims by exporters, the CBIC has asked customs and GST officers to closely verify the IGST refund claims before
Govt asks banks to appoint GM-level officer to address MSME sector woes – The Economic Times
In a bid to promote MSME sector, the government Thursday asked banks to appoint a general manager-level official to resolve the problems being faced by micro and