Clipped from: https://www.business-standard.com If adjudication is not completed within the prescribed time limits, it will be deemed that no SCN was issued, say expert The Taxation
Day: June 16, 2020
Banking system is in a Catch-22 situation: Indian Bank’s Padmaja Chunduru–Business standard
Clipped from: https://www.business-standard.com Indian Bank has 450,000 MSME customers who are eligible for loans guaranteed by the government. Bank’s MD & CEO Padmaja Chunduru says there
Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman–Business Standard
Clipped from: https://www.business-standard.com Govt likely to issue clarification to add more borrowers under ECLGS The banks also wanted the ministry to increase the scope of the
Covid crisis: MSMEs face existential crisis due to expected contraction in economy, says Crisil–Financial Express
Clipped from: https://www.financialexpress.com “The 5% contraction in the Indian economy expected by CRISIL this fiscal — wrought by the Covid-19 pandemic — will significantly hurt MSMEs
CoC has absolute power regarding selection of IRP, RP: NCLT–Financial Express
Clipped from: https://www.financialexpress.com Khandelwal had challenged the decision of the CoC rejecting his appointment as RP in the matter. KSK Mahanadi Power’s CoC voted 89.6% in
Allow airlines to use GST credit on spares for economy-class operations, say experts – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/ The pandemic has led to significant losses for the aviation sector which was already suffering due to competitive prices – – The pandemic
