India expects its oil consumption to expand at the slowest pace in six years as the economy sputters. The nation’s consumption of petroleum products in
Month: December 2019
Cutting income tax and raising GST makes no sense. Both need to fall together–The Print
Media reports suggest that the GST Council is expected to increase rates to counter the shortfall in GST collections. At the same time, there is
Has IBC been successful in reducing India’s stressed assets | INTERVIEW – The Financial Express
Background checks in terms of conflict and integrity should be done for insolvency professionals, with timelines being set to complete proceedings. Insolvency and Bankruptcy Code
Rs 30 lakh net banking fraud: Will bank pay for loss? Supreme Court decides – The Financial Express
The Supreme Court has held a bank liable to pay Rs 25 lakh to a school, which had lost Rs 30 lakh to netbanking fraud
What is Finance Bill? Difference between Money Bill and Finance Bill | The Financial Express
What is a Finance Bill? As per Article 110 of the Constitution of India, the Finance Bill is a Money Bill. The Finance Bill is a
TDS on Cash Withdrawal, Payment, Rent, Property: Latest rules for income taxpayers – Explained – The Financial Express
TDS on Cash Withdrawal, Payment, Rent, Property Latest rules: The Central Board of Direct Taxes (CBDT) has extended the due date of payment of tax deducted
99% MSMEs created these many jobs, given this much money under govt’s scheme to create entrepreneurs – The Financial Express
Skilling, Labour, Talent for MSMEs: Around 5.70 lakh micro enterprises have been supported with margin money of Rs 12,902 crore giving employment to approximately 47 lakh
Amazon to take Indian MSMEs to 180 countries; here’s how small businesses can go global – The Financial Express
Trade, Imports, Exports for MSMEs: E-commerce company Amazon India on Thursday said it has signed an MoU with Punjab Small Industries & Export Corporation Limited to carry out
NCLAT verdict on Cyrus Mistry’s removal is a severe indictment of the Tatas – The Financial Express
Going by the charges traded between the two camps, it appeared that Mistry’s efforts to clean up the damaged balance sheets of some group companies
Don’t raise taxes: GST Council should avoid any increase when aggregate demand remains weak–Times of India
The GST Council is scheduled to meet today in the backdrop of a serious challenge. The pronounced slowdown in economic activity has had an adverse
A coherent blueprint: Revival of the economy depends crucially on the forthcoming Union Budget–Times of India
Economic data released last week highlights a new challenge policymakers face. October’s industrial output data showed a contraction of 3.8%, the third straight month of
Amazon | Prime Power: How Amazon squeezes the businesses behind its store–Economic Times
By Karen Weise SEATTLE: For tens of millions of Americans, it is so routine that they don’t think twice. They want something — a whisk,
No space for expansionary fiscal policy: Ex-CEA Arvind Subramanian – The Economic Times
“You can’t have too much expansionary fiscal policy but equally you can’t be crunching government demand at a time when the economy is weak and
RBI told not to disclose sensitive bank reports under RTI for now – The Economic Times
The Supreme Court asked the Reserve Bank of India not to make public any inspection reports, risk assessment reports and financial inspection reports of banks,
Re-think GST: No economy can afford to persist with a failed tax experiment | Business Standard Column
The Modi government has rolled out an ambitious spending programme for building the transport infrastructure and the provision of various goods of value to ordinary
GST compensation dues for 9 states could double to Rs 70,000 crore: ICRA | Business Standard News
Ratings agency ICRA expects just nine states to need Rs 70,000 crore as compensation for the shortfall in goods and services tax (GST) collection in FY20, on
Puzzled why stock market is buoyant amidst slowdown: Arvind Subramanian | Business Standard News
Arvind Subramanian Expressing his confusion over a buoyant stock market amidst economic slowdown, renowned economist and former chief economic advisor (CEA) for government, Arvind Subramanian called for
Centre breached basic trust on which GST was designed: Kerala FM Isaac | Business Standard News
After the GST Council meeting on Wednesday, Kerala Finance Minister Thomas Isaac, a strident critic of the Centre’s policies, justifies his stance to Dilasha Seth. Edited excerpts: Is the
Four things India’s economy needs right now – business news – Hindustan Times
The citizenship law is the leading cause for protests across the country, but research shows that economic distress and joblessness add to social unrest, especially
Brands slow in passing GST rate reduction benefits to consumers, says report – The Financial Express
The Goods and Service Tax (GST) was introduced with the purpose of simplifying the tax structure in the country and services instead of having to
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