The tax officials also say that a surprise cut in headline corporate tax rate last year aimed at wooing manufacturers and boosting investment in Asia’s
Day: January 25, 2020
SC to hear in open court plea of Fadnavis seeking review of verdict asking him to face trial – The Economic Times
On Oct 1 2019, the apex court had set aside the Bombay High Court order which had given a clean chit to Fadnavis and had
H1B Visa: US court sets aside plea, IT service companies will need to file more evidence when hiring H-1Bs–Economic Times
MUMBAI: A group of companies engaged in the information technology (IT) services space were unable to convince a US district court that requirements for submitting
Bank of Baroda Q3 Results: Bank of Baroda posts Q3 loss of Rs 1,407 crore as provisions spike 54% – The Economic Times
NEW DELHI: Public lender Bank of Baroda on Friday reported a standalone loss of Rs 1,407 crore for December quarter, as total provisions jumped 54 per cent
Budget 2020 impact on unemployment| View: What the Budget can offer to fix India’s unemployment problem
By Ram Singh India’s employment situation is bad. The current unemployment rate is the highest in the last 45 years. The unemployment among urban youth
Union Bank: ETRise Top MSMEs Ranking: Union Bank CMD says conventional credit worthiness model does disservice to millions of entrepreneurs – The Economic Times
The Union Bank has surplus funds at the moment. It is looking for lendable opportunities, especially for MSMEs. Access to formal sources of credit has
Economy slowdown: Growth slowdown in India temporary, expect momentum to improve going ahead: IMF chief – The Economic Times
Growth slowdown in India is temporary: IMF Chief IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum to improve going
Club Factory: Club Factory sees surge in monthly active users in India – The Economic Times
NEW DELHI: E-commerce platform Club Factory has surpassed 100 million monthly active users (MAUs) in India following a strong surge in user adoption across the country. Club
MSMEs: Budget may give Rs 500 cr each for two MSME funds – The Economic Times
NEW DELHI: The government is expected to provide around Rs 500 crore each for two funds for micro, small and medium enterprises (MSMEs). While a
Insolvency against Raheja Developers halted, Board to manage – The Economic Times
The bench further observed that in the language of the Supreme Court, the allottees in a large number of cases are speculative investors and not
Demonetisation: Nepal’s Central Bank saddled with Rs 7 crore old currency notes, asks India to accept them back – The Financial Express
Nepal’s Central Bank is saddled with Rs 7 crore of demonetised Indian currency but India is not making “adjustments” to take back the notes, Foreign
Arbitrary or excessive tax results in “social injustice” by a govt: CJI Bobde – The Financial Express
Justice Bobde emphasised on the use of next generation technology artificial intelligence to expedite the process with caution that it should not replace the human
Shaktikanta Das on slowdown: Monetary policy has limitations; these 2 measures can revive growth – The Financial Express
There are areas where structural reforms are required if done properly, Shaktikanta Das said. RBI Governor Shaktikanta Das on Friday said that since monetary policy has
India can end up with five per cent real GDP growth this fiscal : Bibek Debroy – The Financial Express
ndia can end up with a real GDP growth of five per cent this financial year excluding the inflation rate, Bibek Debroy, the chairman of
Administrator orders legal audit of DHFL’s wholesale loan book – The Financial Express
These valuations may undergo changes as a result of further valuation exercises conducted under the corporate insolvency resolution process (CIRP). The administrator of Dewan Housing Finance
Explained: Why lenders prefer IBC over SARFAESI Act for recovery of dues | Business Standard News
Pending cases have been an issue with SARFAESI The changes in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act
Legislative adventurism | Business Standard Column
On November 15, 2019, the government brought about a significant change in the Insolvency and Bankruptcy Code (IBC). It notified the Insolvency and Bankruptcy (Insolvency and Liquidation
IL&FS: NCLAT to provide formula for proceeds’ distribution among creditors | Business Standard News
The National Company Law Appellate Tribunal (NCLAT) on Thursday said it will provide a formula for proceeds distribution among the creditors of debt-ridden IL&FS group firms. A NCLAT-bench headed
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