NEW DELHI: GST Network CEO Prakash Kumar on Friday said e-invoicing and the new format for filing GST will help improve the ease of doing business and reporting for the indirect
Month: February 2020
Telecom: A Death Judicially Ordained–Economic Times
The Supreme Court has cracked the whip on telcos for not paying the adjusted gross revenue (AGR) dues of Rs 92,000 crore. Some telecom circle
Nonsense! The telecom mess in a word–Times of India
Last October the Supreme Court had ruled in favor of the government’s definition of adjusted gross revenue and accordingly ordered telecom operators to settle liabilities
Buying a house Vs Staying on rent: Which would benefit you financially under the new tax regime? – The Financial Express
Prospective home buyers may face dilemma in deciding if it would be a financially prudent decision to buy a property or to keep on staying
PMC scam: Two jailed HDIL promoters withdraw bail plea from SC – The Financial Express
HDIL promoters Rakesh Wadhawan and Sarang Wadhawan, who are in jail in connection with the multi-crore rupees Punjab & Maharashtra Cooperative (PMC) Bank scam case,
Yes, only 15 million Indians pay tax; but who is to blame for this? | Business Standard Column
The prime minister has drawn attention to the fact that only 15 million people in India pay income tax. He is right to complain, since more than
Should the State pay for treatment of rare diseases? – analysis – Hindustan Times
The Supreme Court of India categorises the “rarest of the rare” cases for possible imposition of the death penalty. Of late, courts have dealt with
Urgent need for more ambitious structural and financial sector reform measures in India: IMF – The Economic Times
UNITED NATIONS: India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation strategy due to the rising debt levels , the International
Include Videocon foreign arms in insolvency process: NCLT – The Economic Times
New Delhi: The National Company Law Tribunal (NCLT) has ordered the inclusion of VideoconNSE 4.88 %’s oil businesses in Brazil and Indonesia as part of insolvency
PSBs hit by fraud cases of Rs 1.17 lakh crore in April-December: RTI – The Economic Times
Indore: A total of 8,926 cases of fraud involving Rs 1.17 lakh crore hit 18 public sector banks during the first three quarters (April-December) of
Economists eye silver lining in India’s rising rural inflation numbers – The Economic Times
MUMBAI: India’s rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the
Expand scope of reverse charge–Economic Times
The Central Board of Indirect Taxes and Customs (CBIC) reportedly wants its field officers to recover Rs 46,000 crore of unpaid interest on delayed goods
Overcoming challenges of Land, Labour & Capital – The Economic Times Video | ET Now
MSMEs in the country face many challenges, but the primary issues center around availability of land, problems with labour and access to capital. In fact,
RBI’s new asset recognition norms for realty credit negative for banks: Moody’s – The Financial Express
Ratings agency Moody’s on Thursday said the Reserve Bank of India’s move to revise asset recognition norms for bank loans to the real estate sector
A remittance tax | Business Standard Editorials
A provision in the Union Budget for 2020-21 that is attracting considerable adverse attention deals with remittances abroad. The Budget proposes that if a person
Long road to revival | Business Standard Editorials
Global rating agency S&P has reaffirmed India’s sovereign ratings, noting that growth will gradually recover over two-three years. It has also said India is experiencing a cyclical,
Why fiscal rules should be revisited | Business Standard Column
The Union government has once again deviated from the stated fiscal consolidation road map. It will now aim to contain the fiscal deficit at 3.8 per cent
Advised Manmohan Singh, Pranab Mukherjee against Vodafone tax: Montek | Business Standard News
Montek Singh Ahluwalia, who was deputy chairman of the Planning Commission during the United Progressive Alliance’s (UPA’s) decade in office (2004-14), has said he had in 2012
Face up to cold truth: Stagflation here to stay–Deccan Chronicle
Finance minister Nirmala Sitharaman had recently told Parliament that green shoots in the Indian economy are clearly visible and the steps taken by the Reserve
Retail inflation: CPI inflation spikes and IIP shrinks: RBI rate cuts off the table for a long time – The Economic Times
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