With the government notifying the GST-related changes made in the Finance Act, 2020, the recent Delhi high court judgment allowing taxpayers till June 30 to
Month: May 2020
Not the Best Solution for Insolvencies–Economic Times
By Anirudh Wadhwa On April 23, GoI passed a resolution to amend the Insolvency and Bankruptcy Code (IBC) to suspend up to one year the
The economy needs more stimulus–Economic Times
The stimulus measures announced by the government in five tranches are a mix of immediate relief, regulatory changes and some structural change. These are welcome
Call it opening up phase one–Economic Times
It is a pity that a government and political leadership that have been acutely sensitive to the semiotics of its slogans, scheme names and messaging
asian paints salary hike: Asian Paints raises staff salaries to boost morale – The Economic Times
Asian Paints is swimming against the tide. Instead of slashing pay and jobs — standard industry responses to the current demand destruction — India’s biggest
GST compensation to states pending for Dec-March FY20 – The Economic Times
“We are periodically talking about it. GST dues are very clearly explained in the GST Council. It is not for selective states… All states’ GST
Govt allows private players to participate in all sectors, but 51% CPSEs are in services–Business Today
There were 17 CPSEs under the chemicals and pharmaceuticals industry and around 13 CPSEs each belonged to industrial & consumer goods, power generation and power
Coronavirus crisis: Traders ‘angry, disappointed’ with relief package, demand PM Modi’s intervention–Business Today
CAIT said around 20 per cent of the trading community would have to shut down their businesses if no relief was forthcoming Traders across the
‘Actual fiscal impact’ mere Rs 1.5 lakh cr in Rs 21 lakh cr economic stimulus: Barclays–Business Today
India’s fiscal deficit will rise from the targeted 3.5% to 6% of GDP in FY21. Barclays has pegged consolidated government deficit (Centre and State) at
Government package only worth Rs 3.22 lakh crore and 1.6% of GDP, not Rs 20 lakh crore: Congress – The Economic Times
Congress accused the govt of misleading people in the name of an economic package and said the measures announced by the Centre amounted to only
View: Govt’s booster dose is simulation, not stimulation – The Economic Times
The government needed to announce large infrastructure investment, say a brand new, enhanced healthcare system, not just some wellness centres at the block level. If
Property / C’struction – Services – Industry – The Economic Times
To buy or not to buy: Covid may change Indians’ equation with real estate Real estate constitutes a big chunk of costs, earnings, assets, or
FM Sitharaman speech today Highlights: Fifth and final tranche moves to further easing of curbs in doing business – The Economic Times
The final tranche had more for states as their borrowing limit has been increased from 3% to 5% of GSDP. The FM unleashed structural reforms
MSME: FM provides Covid-19 relief, no fresh insolvency proceeding against MSMEs for 1 year – The Economic Times
Now, insolvency proceedings will not be initiated up to 1 year. Earlier, the MCA had extended it to six months. Delivering the fifth tranche of
Stimulus is an attempt to construct an equivalent of Roosevelt’s New Deal: CEA – The Economic Times
“Demand-side impact can manifest if people start losing their jobs in significant numbers.” If you look at the policy package that has been brought in,
Stimulus 2.0: Stimulus 2.0: FM’s Rs 11.03 lakh crore doleouts leave Dalal Street sulking – The Economic Times
Government announced Rs 11.03 lakh crore of measures this week. Stimulus from earlier measures was Rs 1.92 lakh crore, while the actual size of RBI’s
modi stimulus package: Summing up Modi’s Covid stimulus: Big takeaways from the ‘mother of all incentives’ – The Economic Times
At as much as 10% of GDP, the big stimulus package did not appear to leave any major sphere untouched. Over five consecutive days of
P Chidambaram writes, ‘If there is no additional borrowing, there can be no additional expenditure, no fiscal stimulus’
On May 12, the Prime Minister grabbed the headline with the announcement of a Rs 20 lakh crore Economic Stimulus Package — but left the
Tavleen Singh writes, ‘In a democracy that aspires to building free market economy, all govt needs to do is get out of the way’
Last week the Prime Minister returned to those old promises he made of taking India in a new economic direction. This time those same old
A buyer should pay Rs 202-245 for Reliance rights entitlement renunciation: Report – business news – Hindustan Times
Rights entitlement (RE) renunciation gives the buyer the rights to buy the shares at the Rights Price (equivalent to a strike price) as against TERP/CMP