Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-fraud-of-rs-940-cr-busted-340-bogus-firms-under-lens/articleshow/80620570.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis With the arrest of six persons, including the kingpin, Delhi Police’s Cyber Crime Unit (CyPAD) has busted a GST refund scam involving fake
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Govt may spend big to push growth – *BUDGET 2021–The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/budget-2021-govt-may-spend-big-to-push-growth/articleshow/80621053.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis It has been billed as a Budget like never before, triggering expectations that the government will open the purse strings to nurse the
GST collections for Jan 2021 touch all-time high of Rs 1.2 lakh crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/gst-collections-for-jan-2021-touch-all-time-high-of-rs-1-2-lakh-crore/articleshow/80616224.cmsSynopsis “The GST revenues during January 2021 are the highest since the introduction of GST and have almost touched the ₹ 1.2 lakh crore
Niramala Sitharaman Budget Plan: Five key numbers to watch out for in Niramala Sitharaman’s Budget spending plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/five-key-numbers-to-watch-out-for-in-niramala-sitharamans-budget-spending-plan/articleshow/80620945.cmsSynopsis While the success of the budget depends on how effectively India is able to contain rising infections through vaccine drives in the nation
It’s important to get real about what Budget can — and cannot — do – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/view-its-important-to-get-real-about-what-budget-can-and-cannot-do/articleshow/80617290.cmsSynopsis For starters, remember the budget is really a statement of GoI’s receipts and expenditure for the current year, and an estimate of receipts
It’s happy new year for carmakers, auto cos start 2021 with record dispatches in January – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/cars-uvs/its-happy-new-year-for-carmakers-auto-cos-start-2021-with-record-dispatches-in-january/articleshow/80619567.cmsSynopsis This was the sixth month in a row when passenger vehicle wholesale volume grew in double digits, following on one of the most
With challenges on two fronts, all eyes on Defence Budget – -BUDGET 2021: The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/with-challenges-on-two-fronts-all-eyes-on-defence-budget/articleshow/80617731.cmsSynopsis In 2020, the defence ministry was allocated Rs 4.71 lakh crore but a significant part of this (Rs 1.3 lakh crore) went to
Exposing the Yes Bank crisis–Deccan chronicle
Clipped from: https://www.deccanchronicle.com/lifestyle/books-and-art/270121/exposing-the-yes-bank-crisis.html ‘Yes Man: The Untold Story of Rana Kapoor’, is a thrilling account of the rise and fall of Rana Kapoor India’s economy was booming
NCLAT stays insolvency process of RP Infosystems | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/nclat-stays-insolvency-process-of-rp-infosystems-7161533/ In its judgment, the NCLAT said that since the insolvency petition moved by SBI in 2019, seven years after RP Infosystems’ accounts were
Insolvency and Bankruptcy Code: India still lagging on some key indicators of dispute resolution | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/insolvency-and-bankruptcy-code-india-still-lagging-on-some-key-indicators-of-dispute-resolution-7167152/ The Economic Survey 2020-21 noted that the legal system was the single most important method of dispute resolution and that India was still
NCLAT turns down Neesa promoter’s insolvency plea | Ahmedabad News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/ahmedabad/nclat-turns-down-neesa-promoters-insolvency-plea/articleshow/80160937.cms AHMEDABAD: The National Company Law Appellate Tribunal has turned down the plea of bureaucrat-turned-businessman Sanjay Gupta, to allow bankruptcy proceedings to be initiated for Neesa Infrastructure
Criminal cases deter insolvency resolution professionals: Tribunal | Chennai News – Times of India
Clipped from: https://timesofindia.indiatimes.com/city/chennai/criminal-cases-deter-insolvency-resolution-professionals-tribunal/articleshow/80292753.cms Chennai: If every resolution professional (RP) is bombarded with criminal prosecution and police investigation, they won’t be able to conduct the insolvency process without fear, observed the National Company
New public holding rules for companies under insolvency – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/new-public-holding-rules-for-cos-under-insolvency/articleshow/79768427.cms NEW DELHI: In a first, the government on Wednesday decided to issue a National Security Directive for the telecommunication sector to mandate scrutiny
Insolvency resolution: The IBC story so far and the way forward – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-resolution-the-ibc-story-so-far-and-the-way-forward/articleshow/80399160.cmsSynopsis Jurisprudence of any legislation takes time to evolve and IBC was no exception. Devendra Mehta Insolvency Professional & Restructuring Advisor, Contributor Content Solution:
IBC mechanism needs structural changes to expedite faster resolution of companies – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/only-structural-changes-in-ibc-mechanism-can-help-to-expedite-the-faster-resolution-of-companies/articleshow/80478370.cmsSynopsis The structural reforms needed are an increase in the number of benches, outsourcing of administration function to a specialized agency, clarity on the
Insolvency and Bankruptcy Code: Insolvency and Bankruptcy Code resolution timeline averages 440 days – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-and-bankruptcy-code-resolution-timeline-averages-440-days/articleshow/80514065.cmsSynopsis An Alvarez & Marsal India report on Thursday called upon all IBC stakeholders to focus on improving efficiency to resolve cases in a
Insolvency: ‘Prior to admission’ delays dragging down efficiency of IBC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/insolvency-prior-to-admission-delays-dragging-down-efficiency-of-ibc/article33677072.ece Promise of time-bound resolution a distant dream for stakehokders, says Alvarez & Marsal India India would do well to focus on capacity building
Strong-arm tactics, no answer to loan default – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/strong-arm-tactics-no-answer-to-loan-default/article33678063.ece By imposing a hefty fine on an NBFC, the central bank is sending a message to lenders Many digital apps adopt the “first
IBC and the ‘de-stressing’ of India Inc – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/ibc-and-the-de-stressing-of-india-inc/article33687283.ece Thanks to the bankruptcy code, distressed firms are able to better access short- and long-term debt funds The Covid-19 pandemic has been driving
‘The idea of bad bank has merit’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/the-idea-of-bad-bank-has-merit/article33705220.ece?homepage=true Will be more efficient if it is in private sector: Krishnamurthy Subramanian Chief Economic Advisor Krishnamurthy Subramanian said the idea of ‘bad bank’
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