Insolvency ordinance: Govt amends Insolvency and Bankruptcy Code, brings in ‘pre-pack’ resolution scheme for MSMEs – The Financial Express

Clipped from: https://www.financialexpress.com/industry/sme/insolvency-ordinance-govt-amends-insolvency-and-bankruptcy-code-brings-in-pre-pack-resolution-scheme-for-msmes/2227440/ New scheme to yield faster resolution, cut costs and reduce litigation The scheme, where only the debtor will get to trigger the bankruptcy

income tax returns | capital gains: Checking tax evasion: From this financial year, taxman will have direct access to capital gains data – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/finance/taxman-to-access-capital-gains-data-directly-from-fy22/articleshow/81904476.cmsSynopsis A notification issued by the I-T department on March 12 has included stock exchanges, depositories, clearing corporations and registrars to an issue and

Latest round of Covid restrictions has lenders fretting over rising defaults – The Economic Times

lipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/latest-round-of-covid-restrictions-has-lenders-fretting-over-rising-defaults/articleshow/81916226.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Yesterday, Maharashtra, which has seen a resurgence of infections, announced a weekend lockdown starting 8 pm of Fridays to 7 am on Mondays

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