In a bid to expeditiously tackle stressed assets aggregating ₹3.10 lakh crore in the ₹50-500-crore category, 24 banks on Monday signed an Inter-Creditor Agreement (ICA)
Author: Anil R Tikotekar
GST takes sheen off under-construction properties – Business Line
Goods and Service Tax (GST) has pulled down sales of under-construction properties by 30 per cent since the new tax regime was implemented last July.
Fine-tuning GST – Business Line
The GST Council’s decision to reduce rates on 15 items from 28 per cent to 18 per cent makes economic sense, and therefore should not
Turnover, not investment, will define MSMEs – Today’s Paper – Business Line
Micro, small and medium enterprises (MSMEs) will soon be defined based on their annual turnover if a new Bill introduced in the Lok Sabha on
Saying ‘Aye’ to lending to bottom-of-the-pyramid units – EMERGING ENTREPRENEURS – Business Line
Saying ‘Aye’ to lending to bottom-of-the-pyramid units T- Aye Finance also helps micro-enterprisesfind bigger markets for their products Sanjay Sharma and Vikram Jetley, both with
24 lenders sign an inter-creditor agreement for faster NPA resolutions | Business Standard News
Two dozen lenders including State Bank of India and Punjab National Bank on Monday signed an inter-creditor agreement (ICA) to speed up the resolution process of stressed assets in the range of Rs
Insolvency process: CoC open to new bids for Deccan Chronicle, says NCLT | Business Standard News
The Committee of Creditors of Deccan Chronicle Holdings Limited (DCHL) was open to examining fresh resolution applications, including a modified resolution plan submitted earlier this month by Srei group’s
Right move, wrong way | Business Standard Editorials
The Goods and Services Tax Council took a series of decisions on Saturday last week, which were all steps in the right direction. The most
Amazon, Flipkart among e-tailers under investigation for collection of extra GST after November 15 rate cuts – The Financial Express
The indirect tax department’s audit division is investigating scores of cases where major e-commerce operators like Amazon and Flipkart are suspected to have collected excess goods and services tax
Moving ahead: Insolvency amendment Bill introduced in Lok Sabha – The Financial Express
Finance minister Piyush Goyal on Monday introduced a Bill to amend the insolvency law that would recognise home buyers as financial creditors and allow genuine
Bhushan Steel case: NCLAT asks Tata Steel to provide resolution plan details – The Financial Express
Hearing a petition filed by Larsen & Toubro (L&T), the appellate tribunal asked Tata Steel to provide the details by Tuesday, when it is scheduled
Bhushan Power: Little liberty for lenders to select winning bidder – The Financial Express
Bhushan Power and Steel owed lenders close to Rs 47,000 crore as on March 31, 2017. Even though it is yet to take a call
Lenders sign inter-creditor pact to tackle bad loans – The Financial Express
Lenders sign inter-creditor pact to tackle bad loans As many as two dozen lenders signed the inter-creditor agreement (ICA) on Monday to tackle bad loans
New bond market framework: A big push for corporate borrowings – The Financial Express
The Securities and Exchange Board of India (SEBI) draft report on deepening the bond market is pragmatic, and when read along with the RBI regulations regarding large
5 confusing pairs of income tax terms – The Economic Times
Form 16 lists the total salary received and the taxable income arrived at after relevant exemptions and deductions. Do you know the difference between financial
Gift taxation | ITR: This year gifts have to be declared in ITR: Here’s how they are taxed
This article will talk about the how gifts are taxed in India and the related disclosure in the tax returns. By Sudhakar Sethuraman and Vibha
If ill-treated, elderly parents can take back property gifted to son, rules Bombay HC | Mumbai News – Times of India
Elderly parents can take back a share in their property given to a son as a gift if he fails to look after them or
Two steps back: Why govt’s withdrawal of FRDI bill is a missed opportunity | Business Standard News
India needs a strategy to get the government out of banking. Non-performing loans among state-owned banks — a legacy of India’s socialist past which account
Draft changes to GST regulations | Business Standard Column
The central government has put in the public domain all draft amendments to the goods and services tax (GST) laws. After due consideration and approval by the GST Council,
Wilful blindness about the main cause of bad loans | Business Standard Column
The Central Bureau of Investigation (CBI) has filed a case in the Andhra Pradesh High Court involving a public sector bank (PSB). The bank had given a loan against