NEW DELHI: The government is considering a new formula for payments to creditors of distressed companies resolved through the insolvency and bankruptcy law, which would give a better deal to unsecured
Day: January 21, 2020
Apprentices Act: ETRise Top MSMEs Ranking: Adoption of apprentices model can be way forward in MSME skilling, say experts – The Economic Times
Drawing attention to the Apprentices Act, 1961 which was institutionalised to impart practical training to technically qualified people in varied trades, Amit Vadera, Regional Head,
For full disclosure of fiscal dearth–Economic Times
Reports that the government is discussing coming clean on the fiscal deficit by including off-Budget spending and other liabilities on its books are welcome. It
Finance Ministry begins probe into deposits of unaccounted cash by jewellers during demonetisation: Sources – The Financial Express
In another case, with annual income return of only Rs 3.23 crore, the jeweller had deposited more than Rs 52.26 crore in cash. Armed with
Government should pay ‘administration’ fee to small businesses to offset increasing compliance costs – The Financial Express
By Gunjan Mishra GST and Taxation for MSMEs: GST is an integral part of the government’s plan to secure India’s economic future. Two years on, the
IMF blames India for global slowdown, lowers 2019 growth forecast to 4.8% | Business Standard News
The International Monetary Fund (IMF) lowered India’s economic growth forecast to 4.8 per cent for this fiscal year owing to the crisis in the non-banking
India among top 10 FDI recipients, attracts $49 bn inflows in 2019: UN report | Deccan Herald
India was among the top 10 recipients of Foreign Direct Investment in 2019, attracting USD 49 billion in inflows, a 16 per cent increase from
Bad loans swell at India shadow bank Altico | Deccan Herald
Bad loans probably ballooned last quarter at Altico Capital India Ltd., according to people familiar with the matter, a lender that’s seen as a barometer
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