Clipped from: https://www.businesstoday.in/latest/economy/story/gst-officers-bust-network-of-23-firms-involved-in-fake-itc-claims-of-rs-550-cr-301032-2021-07-11 The 23 firms were floated in order to generate goods-less invoices with the intent to pass on fraudulent ITC without paying actual GST
Day: July 12, 2021
A tightrope walk for RBI | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/a-tightrope-walk-for-rbi-1006507.htmlThe Reserve Bank of India. Credit: AFP File Photo A great deal of literature in economics is devoted to determining the relative importance of
Sudeep Mahajan writes: Judges are arbiters, not lawmakers
Clipped from: https://indianexpress.com/article/opinion/columns/coronavirus-second-wave-delhi-high-court-oxygen-election-commission-7399907/ Sudeep Mahajan writes: Judiciary must not encroach on functions of executive and legislature The Supreme Court of India (File Photo) In the wake
New minister of cooperation must make it easier for cooperatives to do business, from registration to winding up.
Clipped from: https://indianexpress.com/article/opinion/editorials/cooperatives-registration-psus-private-enterprises-ease-of-doing-business-7399886/ New minister of cooperation must make it easier for cooperatives to do business, from registration to winding up. Not for nothing, the Narendra
Courts, protect media: IT rules attack media’s core freedom. Judges should see legal challenges to rules in that light
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/courts-protect-media-it-rules-attack-medias-core-freedom-judges-should-see-legal-challenges-to-rules-in-that-light/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Trade unions, industries paint a grim picture of employment scenario – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/trade-unions-industries-paint-a-grim-picture-of-employment-scenario/article35253747.ece?homepage=true Trade union seeks urgent measures to alleviate pain of joblessness, drastic fall in income Trade unions and industrial associations painted a grim picture
Patanjali’s argument in cowdung case fails to ‘moo’ AAR – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/patanjalis-argument-in-cowdung-case-fails-to-moo-aar/article35256317.ece?homepage=true GST of 5 per cent would apply on the company’s ‘Gomaya Samidha’ product, rules the authority Holy Cow! Talk of taxing issues. Is
Accounting Standard for share-based payments for certain corporates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/coming-soon-accounting-standard-for-share-based-payments-for-certain-corporates/article35265318.ece?homepage=true It will be part of the set of ‘Accounting Standards’ and not part of Ind AS Small corporates with annual turnover less than
Restructured loans of non-bank financials to double by March: ICRA | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/restructured-loans-of-non-bank-financials-to-double-by-march-icra-121071200011_1.html The pandemic and the curbs imposed to contain its spread have affected the cash flow of borrowers and prolonged the recovery process, according
WhatsApp’s tactical retreat | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/whatsapp-s-tactical-retreat-121071100887_1.html Govt must move fast on personal data protection law Facebook subsidiary WhatsApp has informed the Delhi High Court that it will not enforce its updated privacy
Samsung gives PLI scheme for IT hardware and telecom equipment a wide berth | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/samsung-gives-pli-scheme-for-it-hardware-and-telecom-equipment-a-wide-berth-121071200022_1.html It has bet big on Vietnam as its key global manufacturing hub for exports This decision has raised questions on whether the South
Banker’s Trust: Has crony capitalism hijacked bad loan resolution? | Business Standard Column
clipped from: https://www.business-standard.com/article/opinion/bad-loan-resolution-is-crony-capitalism-at-play-121071100737_1.html If bankers move fast and preserve the enterprise value of defaulting companies, recovery rate will improve even as the new insolvency law, much
Get out of the Cairn arbitration loop – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/get-out-of-the-cairn-arbitration-loop/2288055/ If the govt keeps challenging the award—and losing—India may soon become a no-go for investors Cairn says a French court has frozen 20
What cash conversion cycle says about a firm – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-what-cash-conversion-cycle-says-about-a-firm/2287368/ Cash conversion cycle reveals the days payables adjusted days in getting back the cash that goes out in the operations of a firm
It’s time to focus on ease of doing ‘small’ business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/its-time-to-focus-on-ease-of-doing-small-business/articleshow/84287980.cmsSynopsis Systemic bottlenecks and red tape, lack of affordable credit, inefficient supply chains and weak access to markets have stymied the MSME sector for
New IT rules will empower users, says Ashwini Vaishnaw – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/new-it-rules-will-empower-users-says-ashwini-vaishnaw/articleshow/84316575.cmsSynopsis The post was exclusively shared on Koo, which has been gaining in popularity amid the government’s stand-off with US-based Twitter over its alleged
Paytm’s IPO has raised many eyebrows. Then, what makes it 2021’s most-awaited public issue? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/paytms-ipo-has-raised-many-eyebrows-then-what-makes-it-2021s-most-awaited-public-issue/primearticleshow/84275492.cms SynopsisThe grey-market premium for the upcoming public offer rose 2.5x in just two months. Touted as the country’s largest-ever IPO, Paytm brings hope
Regulatory frameworks are set just right for scaling up well-managed NBFCs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-regulatory-frameworks-are-set-just-right-for-scaling-up-well-managed-nbfcs/articleshow/84325357.cmsSynopsis Over the last couple of decades, NBFCs have seen significant increase in terms of size, reach and advancements. As financial intermediaries, they primarily
View: India doesn’t need a paradigm shift of the 1991 reforms, but sector-specific reforms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/growth-wont-be-automatic/articleshow/84323876.cmsSynopsis The management of the external sector is a success story of liberalisation. Except for one or two years like 2008 and 2013 when
How a retired SC judge can earn more in 2 hours than a sitting judge does in an entire month – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/how-a-retired-sc-judge-can-earn-more-in-2-hours-than-a-sitting-judge-does-in-an-entire-month/articleshow/84310721.cmsSynopsis There is a reason why many SC judges look forward to their retirement, which allows them to offer legal expertise as arbitrators, or,
aniltikotekar4sme.com 