ICICI Bank Friday said it has singed a memorandum of understanding with Small Business FinCredit India Pvt Ltd (SBFC) to jointly provide credit to micro,
Author: Anil R Tikotekar
Benami: Look ahead, have a threshold–Economic Times
India’s tax authorities are reportedly inundated with pleas from various trade bodies to soften the two-year-old law to crack down on benami properties. An outright
Government crackdown on GST profiteers: Orders issued against 9 businesses for not passing Rs 560-cr GST rate cut benefits – The Financial Express
NAA has been holding regular meeting with zonal screening committees and the chief commissioners of GST to stress upon the consumer awareness programmes The GST
SBI warns customers about fraudsters and fake accounts; Here’s how to find out and stay safe – The Financial Express
With the rise in digital payments, scamsters who have been eyeing this space, have come up with their own version of clones to target gullible
Another non-starter | Business Standard Editorials
The government seems to have failed to realise the futility of raising the minimum support prices (MSPs) of crops without their effective enforcement. It has now hiked
Ahmedabad CGST officials bust fake GST invoice racket worth Rs 175 crore | Business Standard News
Officials from the Preventive Wing of Central Goods and Services Tax (CGST) Ahmedabad-South Commissionerate have busted a fake GST invoice and fraudulently availing input tax credit (ITC) racket here. CGST Ahmedabad-South Commissionerate officials also arrested a
CGST shortfall may force govt to cut spending to meet fiscal deficit target | Business Standard News
Despite crossing the Rs 1-trillion mark twice this year, the goods and services tax (GST) collections are running well behind the budgeted target. As opposed to a
GST: About 16% of assessees do not file monthly returns, shows Govt data – The Hindu BusinessLine
But Centre says measures taken to step up compliance, boost collections On an average nearly 16 per cent of Goods and Services Tax (GST) return
Hit by NPAs and RBI action, PSBs lose ground to private sector peers – The Hindu BusinessLine
The double whammy of Asset Quality Review (AQR) and Prompt Corrective Action (PCA) is having a telling impact on the public sector banks (PSBs). These
Don’t grow complacent with India’s improved Ease of Doing Business ranking: Plenty of red tape still ties us up–Times of India
Don’t grow complacent with India’s improved Ease of Doing Business ranking: Plenty of red tape still ties us up We have recently been basking in
Power sector NPAs a class of their own–Economic Times
The cases of as many as 34 financially stressed power projects, with a capacity of 40 GW and with bank exposure of over Rs 1.8
How to sustain the good news on NPAs–Economic Times
In its twice-annual report on financial stability released on December 31, the Reserve Bank of India (RBI) finds that bad debt held by banks fell
MSMEs need more access to formal finance–Economic Times
Tensions are defusing between the government and the Reserve Bank of India. A proof of a rapprochement is the RBIs latest decision on concessions to
Insolvency & Bankruptcy Code: Less delay, more reform–Economic Times
Last month, 13 economists, including IMF chief economist Gita Gopinath and former RBI governor Raghuram Rajan, praised India’s bankruptcy law while charting an economic strategy
Arm the farming sector–Times of India
By Abheek Barua If good politics is — as it, perhaps, should be — about winning elections, it might be eminently sensible at this time for
Put an end to rape cases emerging out of failed live-in relationships and false promises of marriage between adults–Times of India
The Supreme Court has yet again ruled that the failure of a live-in relationship does not entitle the woman to file a case of rape
Internet overkill: The power to shut down websites and apps is draconian and excessive–Times of India
Successive Indian governments have a tendency to enact sweeping and draconian laws that appear to encompass all conceivable areas of human activity and endeavour, so
Two years after demontisation, RBI scales down printing of Rs 2000 note; all you need to know – The Financial Express
Two years after demonetisation, the Reserve Bank of India (RBI) has scaled down the printing of Rs 2,000 note, signalling that its level in circulation
Good news for businesses! Deadline for claiming GST input tax credit extended; all you need to know – The Financial Express
t’s good news for businesses as the Finance Ministry has extended the deadline for claiming input tax credit (ITC) for the financial year 2017-18, the
In a state of flux – The Hindu BusinessLine
The Financial Stability Report suggests that the NPA scene has improved, but these are early days It is hard to be entirely convinced that India’s