Vedanta Ltd on Monday asked the National Company Law Appellate Tribunal (NCLAT) to vacate its order for maintaining status quo over the sale of debt-ridden Electrosteel
Author: Anil R Tikotekar
SBI tackles the problem | Business Standard Editorials–29.05.2018
State Bank of India (SBI) recorded a historically high quarterly loss in January-March 2017-18, according to the results released last week. The loss, of Rs 77.18
Bad loans: Are we celebrating the outliers? | Business Standard Column–29.05.2018
To the loud, self-congratulatory tweets of policymakers and politicians, supported by the media (which is quick to declare a few data points as a major
CRISIL SME Tracker: Working capital gap widening for MSMEs | Business Standard News–29.05.2018
CRISIL’s analysis of nearly 1,700 MSMEs (annual turnover up to Rs 2.5 billion) shows that their working capital gap — or the difference between current assets and current liabilities (excluding short-term bank borrowings)
The decline of the concept of GDP – Business Line–29.05.2018
GDP number rarely reflects the true picture in any sector and the discrepancy can be significant The GDP growth rate is probably the most commonly
Centre notifies rules for execution of court order against economic offenders – Business Line–29.05.2018
The Centre has notified procedures for execution of court order to bring back economic fugitives. This will help in serving and executing warrants against fugitive
Insolvency and Bankruptcy Code: How inordinate delays can ruin the purpose of bankruptcy code – The Economic Times–28.05.2018
By Amitabh Kant In the Essar Steel matter before it, the National Company Law Appellate Tribunal (NCLAT) has stalled the resolution process, directing all concerned entities to abstain
DRI: DRI slaps IGST notice on erring exporters – The Economic Times–28.05.2018
By Sachin Dave & Muskaan Sofet The Directorate of Revenue Intelligence (DRI), primary anti-smuggling intelligence agency, is issuing show-cause notices to exporters for wrongfully availing exemptions in
Has GST hit states growth? Here’s the truth – The Financial Express–28.05.2018
A cursory look at their past performance will reveal that most states had previously registered growth rates much lower than 14% from the taxes that
GST to be levied on goods stored in customs warehouse only on final clearance: CBIC – The Financial Express–28.05.2018
The circular said that integrated tax shall be levied and collected at the time of final clearance of the warehoused goods for home consumption, which
Binani Insolvency: Dalmia moves SC again on UltraTech’s eligibility to bid | Business Standard News–28.05.2018
Just ahead of the scheduled meeting of the Committee of Creditors (CoC) of Binani Cement, which is undergoing bankruptcy proceedings, the Dalmia Bharat Cement-led consortium has moved Supreme Court for the
After 11 months of inception, SEZ Rules yet not aligned with GST laws | Business Standard News–28.05.2018
It is almost 11 months since the Goods and Services Tax (GST) came into being. Yet, the necessary consequential changes have not been made in the Special Economic
RBI’s efforts may not be enough | Business Standard Column–28.05.2018
The next Reserve Bank of India (RBI) Monetary Policy Review in early June will be watched with keen interest. Inflation is rising, fourth quarter (Q4) results are
How Modi govt can stabilise GST regime and improve the direct tax system | Business Standard Column–28.05.2018
Pratik P Jain radical tax reform post-independence, is still stabilising, which is not unexpected given the magnitude of changes that it brought about. The primary
score: 9 tips on how to maintain a good credit score – The Economic Times–27.05.2018
Every missed payment against your debt will create a negative impact on your credit score and hence debt management should be your first priority. By
income tax return: All 7 ITR forms released for e-filing – The Economic Times–27.05.2018
The Income Tax Department today launched and activated all the seven ITR forms for e-filing by taxpayers, after more than a month of them being notified. The Central Board
Binani Cement: Dalmia Bharat again moves apex court on NCLAT order – The Financial Express–27.05.2018
While the committee of creditors (CoC) of Binani Cement is expected to consider a revised offer from UltraTech Cement along with the company’s resolution plan
Across The Aisle: Who is minding the store? – The Financial Express–27.05.2018
While you were absorbed in the designed-to-be-nail-biting-finish IPL cricket matches and the game of thrones in Karnataka, something happened to the economy. It is time
Fuel price hike: Bringing petroleum products under GST won’t impact prices much, says Sushil Modi – The Financial Express–27.05.2018
Bihar Deputy Chief Minister Sushil Kumar Modi today asserted that bringing petroleum products under the ambit of Goods and Services Tax (GST) will not have
IBC–India Inc’s debt woes open new career path – Business Line–27.05.2018-R
India Inc’s debt problem may soon lead to a new career opportunity for bright young professionals entering the job market in India. Insolvency regulator IBBI