The RBI’s “Report on Trend and Progress of Banking in India” of December 24, 2019, reveals interesting positive trends in performance of Scheduled Commercial Banks (SCBs), especially
Day: January 9, 2020
‘Infuse capital without worrying about fiscal deficit’ | Deccan Herald
The government should infuse capital in the economy without worrying about the fiscal deficit target as the GDP growth is estimated to slip to an
NCLT warns Jet Airways CoC of contempt proceedings | Deccan Herald
The NCLT on Wednesday warned Jet Airways CoC of contempt proceedings if they do not release interim funds to the resolution professional by January 20
MDR fee waiver: Jan Dhan’s mascot gets a jolt – The Economic Times
The NPCI drove financial inclusion in collaboration with state-run banks. More than 90% of Indians have a mobile phone now, but hardly anyone could talk
Projected growth of 5 per cent exaggerated, Indians will see little or no growth: P Chidambaram – The Economic Times
NEW DELHI: Hitting out at the Modi government, senior Congress leader P Chidambaram on Wednesday said the projected annual growth of 5 per cent was
Nine-point plan firmed up to plug GST revenue leaks – The Economic Times
New Delhi: A nine-point plan has been firmed up to plug revenue leakages under the goods and services tax regime. It includes setting up a
Budget 2020: MSMEs want govt to hear them; suggest FM Sitharaman this move for real-time feedback – The Financial Express
Union Budget 2020 India | Ease of Doing Business for MSMEs: Indian MSMEs have asked Finance Minister Nirmala Sitharaman to set up a national mechanism
NCDRC directs SBI to pay Rs 5 lakh compensation for losing title deed of customer – The Financial Express
The consumer forum had also directed the SBI to publish the loss of the original title deed in three leading daily newspapers and lodge an
GDP growth estimate at 5 per cent is optimistic, could go down till 4.6 per cent for the fiscal, say analysts – The Financial Express
The estimates, including house economists at the state-run largest lender SBI, come a day after the government conceded that GDP growth will slip to a
Economic situation “bad”, 5% growth estimate ‘imaginary’: Yashwant Sinha – The Financial Express
The former Union finance minister said several economists are suggesting that India is experiencing negative growth if the factors caused by demonetisation and GST are
RBI to follow up twist operations? Possibility of bearish curve flattening can’t be ruled out – The Financial Express
By Rajeev Radhakrishnan The version of Operation Twist announced by the RBI last week is one among the many unconventional actions with respect to the
RBI to follow up twist operations? Possibility of bearish curve flattening can’t be ruled out – The Financial Express
By Rajeev Radhakrishnan The version of Operation Twist announced by the RBI last week is one among the many unconventional actions with respect to the
State Bank to provide guarantee to homebuyers on completion of projects | Business Standard News
Country’s largest lender State Bank of India will provide guarantee to home buyers for project completion to push demand for residential units. Thw scheme also
Banks staring at 20% more provisioning for Rs 2.2-trillion debt | Business Standard News
Bankers said they are looking outside the bankruptcy courts and will be able to resolve a few debts in the power sector before January-end Last
Over to the Budget | Business Standard Editorials
Advance estimates show growth revival remains a daunting task Last Updated at January 8, 2020 09:07 IST The National Statistical Office’s first advance estimates of
Dealing with GST fraud | Business Standard Editorials
Balance between ease of doing business and compliance is tricky Last Updated at January 8, 2020 09:15 IST The Central Board of Indirect Taxes and
Income Tax return filing to become more detailed: Here’s what you should be aware of, Video Gallery – Business Standard
The income-tax (I-T) department has made significant changes to the I-T return (ITR) filing forms for the Assessment Year (AY) 2020-21. Every year, the tax
Departmental audit under GST begins; first set of notices sent to assessees – The Hindu BusinessLine
For the first time Goods & Services Tax (GST) authorities have started sending notices for audit of assessees to ensure correctness of tax paid and
India’s GDP growth could be below 6 per cent for next two years: SBI’s research report – The Hindu BusinessLine
State Bank of India’s economic research department has cut its projection for gross domestic product (GDP) for FY20 to 4.6 per cent, based on current
The Centre must repair the stalling economy fast – The Hindu BusinessLine
So far, the focus has been on restarting investments. Now, demand-side measures have become imperative. The time appears ripe to slash personal income tax rates
aniltikotekar4sme.com 