“No attachment can be ordered under the Prevention of Money Laundering Act, 2002 with respect to the assets of the Coprorate Debtor undergoing insolvency process.”
Day: September 27, 2019
***IL&FS Case: Supreme court restrains govt from acting against auditor BSR – The Financial Express
The Supreme Court on Thursday refused to allow the government to proceed against auditing company BSR & Associates LLP, a KPMG-affiliated firm, for alleged fraudulent
Norms tightened, chartered accountants complain of compliance burden – The Financial Express
Earlier this month, NFRA asked auditors to provide client information on fees received by auditor for statutory audit, tax audit, non-audit services and out-of-pocket expenses.
Tech boost for MSMEs: Govt to increase number of centres for tech adoption among small businesses – The Financial Express
Technology for MSMEs: To boost technology adoption among MSMEs, the government is looking to increase the number of technology centres called Tool Rooms from current 18
Haven’t received your tax refund yet? Validate your bank account first | Business Standard News
If you have not received your tax refund, there’s a high probability that you don’t have a pre-validated bank account. From this year onwards, the tax department has made
Growing crisis of the educated unemployed | Business Standard Column
While Indians were busy celebrating the country’s global triumph and commiserating about its terrestrial adventures, two important reports went almost unnoticed. The eighth annual All
Slow but steady start | Business Standard Editorials
It has now been a year since the ambitious health care scheme known as the Pradhan Mantri Jan Arogya Yojana (PMJAY) was launched. In that period, it
Economy will bounce back in second half with festival season: Nirmala Sitharaman – The Hindu BusinessLine
Says there’s no liquidity concern among private banks, NBFCs Asserting that consumption is happening and demand will come back, Finance Minister Nirmala Sitharaman on Thursday
Thanks to the new online system, GST refunds will be seamless, pick up speed: GSTN chief – The Hindu BusinessLine
Disbursement of refunds to get faster, says GSTN chief Goods & Service Tax (GST) assesses are now going to have seamless refund mechanism, as GSTN,
***Economic Offences Wing registers FIR against LVB directors on Religare Finvest’s complaint – The Hindu BusinessLine
Lakshmi Vilas Bank (LVB) has informed the exchanges that the Economic Offences Wing, Delhi, has registered a First Information Report (FIR) under complaint for offences
PMC Bank chairman Waryam Singh’s connection with HDIL runs deep | Business Standard News
S Waryam Singh, chairman of Punjab & Maharashtra Co-operative Bank (PMC Bank), held 1.91 per cent in real estate company Housing Development & Infrastructure (HDIL)
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