In his book, Arun Kumar suggests ways to convert the complex levy into a ‘Ground Nourishing Tax’ Change is not always easy to adapt to,
Month: January 2020
10 things to know about the standard health insurance policy an insurer has to offer – The Economic Times
The Insurance Regulatory and Development Authority of India (IRDAI), on January 2, issued a circular mandating health and general insurance companies to offer a standardised
Fiscal discipline isn’t a small deficit–Economic Times
The government must brace itself for a higher fiscal deficit in 2020-21. Considerations of State-funded investment to give momentum to the economy would warrant departing
Credit goes to Mukherjee, Chidambaram and Jaitley for strong action against Sahara, says former Sebi chief U K Sinha – The Economic Times
In his new book ‘Going Public: My Time at Sebi’, Sinha has said that the Sahara case attracted substantial media attention and political leaders across
Five banking trends for the new year | Business Standard Column
No prizes for guessing the dominant trend in Indian banking in 2020: The pile of bad loans will rise. The Reserve Bank of India’s (RBI’s)
Power bill over Rs 100,000 or owning house jointly? Can’t use ITR-1 form | Business Standard News
Wadhwa said an individual taxpayer could not file returns either in ITR-1 or ITR-4 if he was a joint-owner of a house. The Income Tax
From GST rules to ‘muddled’ awards, key court orders from last week | Business Standard News
Blacklisting must not be endless Normally, blacklisting of a company has a finite life span, for a few years. But an “indefinite directive” is worse
Policymakers must stop treating cars like sin goods: Maruti’s R C Bhargava | Business Standard News
R C Bhargava has spent almost 40 years in the Indian auto industry. Even for him, the year 2019 has been the worst for the
Revenue Dept cautions DGFT on ‘star’ exporters getting GST refunds using fake invoices – The Hindu BusinessLine
Calls for more robust accreditation system The Revenue Department has brought to the notice of the Directorate General of Foreign Trade (DGCF) instances of ‘mis-availment’
Are savings a constraint on growth? – The Hindu BusinessLine
Previous cycles suggest growth and savings are actually led by investment. Reviving investment in the economy will boost savings Much is made of the fact
Rating agencies’ ineffectual functioning must be reformed – The Hindu BusinessLine
Faulty assessments by credit rating agencies have played a big role in Indian investors getting singed by a series of bond market blow-ups in the
States seek real-time access to GST returns, e-way bills – india news – Hindustan Times
Certain states have sought real-time access to annual Goods and Services Tax (GST) returns and e-way bills in order to check tax evasion, which can
Govt plans quarterly, half-yearly financial statement reporting norm for unlisted companies – business news – Hindustan Times
Unlisted companies might soon be required to submit their financial statements to the government on a quarterly or half-yearly basis, according to an official. There
Multi-tasking vs single-tasking: Why we need both–Deccan Chronicle
Indeed, in today’s technology-driven world, we are all required to be adept at handling different tasks on the screen, while outside of the screen most
ट्रम्प द टेरिबल! | लोकसत्ता
इराण अमेरिकेच्या वाळवंटी राजकारणात कधीच प्यादे नव्हता आणि त्यामुळे त्या देशाचा कासीम सुलेमानी हादेखील कधीच अमेरिकेच्या ताटाखालचे मांजर झाला नाही.. पश्चिम आशियातील राजकारणात अमेरिकेपुढचे हे
E-commerce cos may get to upload GST e-invoice for vendors – The Economic Times
In a significant relaxation for the ecommerce sector, the government could allow online platforms such as Amazon and Flipkart to upload e-invoice for vendors under
Welcome rise in December GST collections–Economic Times
GST collections for December have been more than Rs 1 lakh crore, an increase of 9%, cementing the reversal of a declining trend that began
For a debt market to fund infrastructure–Economic Times
The Centre’s announcement of infrastructural investments of Rs 102 lakh crore is welcome, but the proposed investments can actually fructify only with the emergence of
USD 5 trillion economy: Suresh Prabhu explains what India needs to do to achieve this goal – The Financial Express
Going forward, Prabhu said, the country should look for knowledge-based exports. India needs to strengthen its manufacturing capacity and produce quality products that will help
Ayushman Bharat: No ‘farzi’ e-card possible; Fraud hospitals fined over Rs 4.5 crore – NHA – The Financial Express
Reacting to a report that claimed a family in Gujarat had obtained 1700 Ayushman Card through fraud, the National Health Authority (NHA) has said that