Mumbai: India’s industrial production returned to the negative zone for December, in a worrisome development for the government, as data showed that factory output contracted
Day: February 13, 2020
Startups: Queue of startups rushing to register abroad gets longer–Economic Times
BENGALURU: More Indian startups are incorporating their businesses overseas. Singapore, the United States, the United Kingdom, the Netherlands and the United Arab Emirates are being preferred due
Double whammy! Industrial production contracts again in December, CPI surges to 7.59% in Jan – The Economic Times
Industrial production had contracted for three months till it changed course in November. India’s annual retail inflation accelerated to its highest level in nearly six years, while
home loan interest rate: New tax regime allows deduction of interest on home loan on rental property – The Economic Times
By Abhishek Soni For taxpayers who have an on-going home loan, the interest paid on such loans helps them to lower their tax-outgo in the
income tax exemption: Incomes that are exempted under the proposed new tax regime – The Economic Times
At the time of retirement, many companies offer payment in lieu of leaves that are not taken. An individual taxpayer opting for the new tax regime would
Water Green Shoots With Vital Credit–Economic Times
The economy is turning over a new leaf, or so claims FM Nirmala Sitharaman, who cites several green shoots. Higher foreign investment inflows, direct and
Right Step to Regulate Medical Devices–Economic Times
The government’s move to bring medical devices under regulatory oversight is a step in the right direction. The Indian market for medical devices, the fourth
Payment to states delayed due to low realisation of GST compensation cess: FM Nirmala Sitharaman – The Financial Express
Finance Minister Nirmala Sitharaman on Wednesday said the inadequate realisation of GST compensation cess is delaying the payment to states and that the Centre was
Amazon tells court CCI order lacks ‘factual backing’; claims no preferential treatment to sellers – The Financial Express
The case was listed for hearing on Wednesday. Two-days after the e-commerce company Amazon filed a writ petition in the Karnataka High Court seeking a stay on
Do SMEs, startups need GST registration? Eligibility, exemption, key things to know before applying – The Financial Express
By Tanvi Loond All supplies of goods or services or both attract Goods and Services Tax (GST) at specified rates. In order to understand the requirement
MSME delayed payments: Bill discounting platform to end cashflow crisis if existing loopholes are closed – The Financial Express
By R Narayan Credit and Finance for MSMEs: The Reserve Bank of India (RBI) in 2017 instituted an online bill-discounting platform called The Trade Receivable Discounting
As the govt’s debt rises, will it need another fiscal escape clause soon? | Business Standard Column
While presenting her second Union Budget on February 1, Finance Minister Nirmala Sitharaman justified the slippage of 0.5 percentage point in fiscal deficit on the ground that the
DHFL’s former directors move NCLT seeking participation in CoC meetings | Business Standard News
The tribunal directed the administrator to file a reply in this regard before February 19. Former directors of Dewan Housing Finance Corporation Ltd on Wednesday
Some thoughts on the Budget | Business Standard Column
Ten days after the presentation of the Union Budget ,everything worth saying has already been said or voiced in the media. So here I shall
PAN Card Data: Income Tax department to share taxpayers’ PAN, other data with Sebi | India Business News – Times of India
NEW DELHI: The Income Tax (I-T) department will share all taxpayers’ data like PAN (permanent account number) information with Sebi (Securities and Exchange Board of India) in
Coronavirus outbreak opportunity for India to expand exports: Krishnamurthy Subramanian – Times of India
KOLKATA: The coronavirus outbreak in China provides an opportunity for India to expand exports, chief economic advisor (CEA) Krishnamurthy Subramanian said on Wednesday. India is one of
Economy needs structural and governance reforms–Indian Express
In the run-up to the budget, there was enormous pressure on the finance minister to launch a fiscal stimulus so as to pump-prime the economy. That
India won’t get anymore special preference from US; here’s why | Business News,The Indian Express
The Trump administration is changing a key exemption to America’s trade-remedy laws to make it easier to penalize about two dozen so-called developing countries including
GST annual return: SC stays extension of filing date on Centre’s petition | Business News,The Indian Express
The stay order was passed pursuant to Mehta’s submissions that only Rs 200 per day was being charged for the filing of late returns and
Chasing dollars: India’s projects increasingly funded by offshore borrowings – business news – Hindustan Times
Finance minister Nirmala Sitharaman on Tuesday pointed out to some green shoots in the economy. While macroeconomic data is yet to pleasantly surprise markets, the
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