The government has modified the due date for filing of final GST sales returns by businesses with turnover exceeding Rs 15 million to the 11th day of
Author: Anil R Tikotekar
Modi govt introduces four Bills in the Lok Sabha to simplify GST returns | Business Standard News
The Bills are primarily aimed at helping the MSME sector and small traders The government on Tuesday introduced four Bills in the Lok Sabha to amend the
Cosmos Bank Hacking: North Korean connection to Cosmos hacking? Signs point to Bangladesh heist masterminds–Economic Times
The highly orchestrated event could be the handiwork of Lazarus, North Korea’s most prolific hacking group Hackers targeted an 112-year-old Pune bank, Cosmos, last week in
NPA worries: Outlook on banks to remain negative, warns Fitch; this whopping amount needed to bolster capital – The Financial Express
The rating agency believes the country’s banks will need USD 40-55 billion in additional capital to meet the Basel-III requirements by 2019. The outlook for
Salary costs at headquarters to attract 18% GST for services given to offices in other states: AAR – The Financial Express
Experts said the ruling will mean that companies, which have offices in multiple states, will have to raise Goods and Services Tax (GST) invoice for
Shareholding in IPAs: IBBI seeks to cap stake of multilateral bodies at 15% – The Financial Express
The Insolvency and Bankruptcy Board of India (IBBI) has floated a discussion paper, proposing to cap the stake of multilateral institutions in an insolvency professionals
SC upholds HC decision on ‘Form C’ availability after GST – The Financial Express
The Supreme Court has upheld the decision of the Punjab and Haryana High Court that Form – ‘C’ should be made available to an assessee
Insolvency proceeding: JSW Steel bid for Bhushan Power is lenders’ top pick – The Financial Express
Insolvency proceeding: JSW Steel bid for Bhushan Power is lenders’ top pick Lenders to Bhushan Power and Steel have zeroed in on JSW Steel as
Modi’s elephant looks fitter but still can’t run – The Financial Express
Modi’s elephant looks fitter but still can’t run Prime minister Narendra Modi did well to highlight just how much India has changed over the past few years.
Lenders can sell assets of personal guarantors under IBC: Apex court – The Financial Express
The Supreme Court on Tuesday ruled that banks can sell off assets of personal guarantors even when corporate resolution proceedings are on against the corporate
GST audit tangle – OPINION – The Hindu BusinessLine
Remove Clause 44 in the Tax Audit report While the GST laws on rates of tax and filing of returns keep changing every alternate day,
Bankruptcy: Bhushan Power & Steel IRP alleges leak of CoC meeting deliberations – The Economic Times
Tata Steel, Liberty House and JSW have submitted bids for the second time to acquire debt-laden Bhushan Power and Steel Ltd, sources in the know
Defend the rupee, raise policy rates–Economic Times
The Reserve Bank of India (RBI) must stand ready to announce a significant, pre-emptive hike in policy rates, of, say, 0.5 percentage (50 basis) points.
Giant step towards digitisation of courts! SC launches 3 apps – Check what all now litigants can do through smartphones – The Financial Express
The Supreme Court today took a giant step towards digitisation of courts across the country by launching three applications to facilitate e-filing of cases, making
Fall in rupee: What government has say – The Financial Express
Attributing the fall in rupee value against the US dollar to “external factors”, Economic Affairs Secretary Subhash Chandra Garg said today that there is nothing
Bad news for economy: Exports shrink; trade deficit widens – The Financial Express
In a bad news for economy, the trade deficit expanded to $18.02 billion in July as against $16.60 billion last month as oil imports surged
Time for reform | Business Standard Editorials
In the past few years, the central executive and the higher judiciary have repeatedly exchanged barbs over the manner in which senior judges should be appointed. In
GST administration: Remaining issues | Business Standard Column
Last month, I listed and elaborated on the guidance the Chairman, Central Board of Indirect Taxes and Customs (CBIC), issued weekly during GST’s first year,
A new all-time low: Rupee at 70 a dollar now, but let us be reasonable | Business Standard News
The rupee has already plunged under 70 to a dollar. How much more? The question is very relevant, now that the rupee has breached that
IBC | Home buyers: Are home buyers secured financial creditors or unsecured creditors under IBC?
By Aditya Khadria and Sivaprakasam Babu On June 6, the Insolvency and Bankruptcy Code, 2016 (IBC) was amended through the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018