The government has roped in Grant Thornton to carry out forensic investigations into the fraud hit Punjab and Maharashtra Cooperative (PMC) Bank, said four persons with direct
Day: October 4, 2019
RBI: Banking woes add to RBI worries as it moves to cut rates – The Economic Times
By Anirban Nag India’s worsening banking problems are adding a new layer of complexity to the central bank’s monetary policy as it prepares to cut interest rates
RBI rate cut: Why another rate cut may not help India – The Economic Times
By Mihir Sharma It’s almost universally expected in India that the central bank’s monetary policy committee will lower interest rates this week. Many expect it to keep
Deloitte Haskins and Sells questions NCLT ambit – The Economic Times
Deloitte Haskins and Sells, an auditing network firm of Deloitte India, on Thursday challenged the constitutional validity of National Company Law Tribunal’s (NCLT) power to sack
The challenge of slowing world trade–Economic Times
World trade is slowing, drastically. This, by itself, does not warrant export pessimism in India. Concerted effort by industry and the government can still accelerate
A welcome rethink by Supreme Court–Economic Times
Four things are noteworthy in the context of the Supreme Court’s recall of its 2018 order diluting the efficacy of the Scheduled Castes and Scheduled
Kerala finance minister Thomas Isaac blames ‘mess in GST’ for low mop-up | Business Standard News
The dwindling goods and services tax (GST) collections, which fell to a 19-month low in September, have triggered a war of words between Kerala Finance
MP, Punjab express concerns over delay in release of GST share by Centre | Business Standard News
Madhya Pradesh and Punjab on Thursday raised concerns over delay in release of GST revenue and other funds by the Centre to the states, saying
The macro arithmetic of corporate tax cuts – The Hindu BusinessLine
C Rangarajan / DK Srivastava The changes in corporate income tax (CIT) changes announced last month by the Finance Minister constitute an important milestone in
Auto sector slowdown, widespread rainfall in Aug impacted GST mop-up, says Centre – The Hindu BusinessLine
The Centre has blamed the cyclical slowdown in sectors such as automobile and widespread rainfall during August for the low Goods and Services Tax (GST)
Dip in GST collections tells a story – The Hindu BusinessLine
Reviving economic activity along with streamlining glitches in the GST network can make a difference. In the current scenario, both the Centre and States’ finances will be
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