Malaysia implemented the goods and services tax (GST) regime from April 1, 2015, which replaced its existing sales and service tax (SST) regime. This GST
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.
Binani RP postpones creditors’ meet – The Financial Express–24.05.2018
The resolution professional (RP) of insolvent Binani Cement has postponed the creditors’ meet, which was scheduled for Thursday, citing that the resolution plan submitted by
Working, but too slowly: Bankruptcy process must keep to its own timetable | Business Standard -Editorials-24.05.18-R
The successful sale of Bhushan Steel to Tata Steel on Friday was the first big case to be resolved under the new bankruptcy framework. Among the National Democratic Alliance
Home buyers to get rights as ‘creditors’ of insolvent firms – Business Line–24.05.2018
The Union Cabinet on Wednesday gave its approval for an ordinance to amend the insolvency law so as to, among other things, treat home buyers
Bankruptcy relief for MSME promoters – Times of India–24.05.2018
Highlights Insolvency and Bankruptcy Code (IBC), has suggested that promoters of companies with turnover of up to Rs 250 crore will be allowed to bid
NCLT –‘Fraud’ land deal: 3 banks to challenge NCLT order – Times of India–24.05.2018
At least three private sector lenders — ICICI Bank, Standard Chartered and Axis Bank — are challenging the National Company Law Tribunal’s (NCLT) order that asked them
IBC–Law and learning | The Indian Express–24.05.2018
While there have been concerns regarding the timeline of 270 days, what cannot be lost sight of is the fact that the IBC is a
Amid rising bad loans of PSBs: Government won’t allow banks to default, says DFS secretary | The Indian Express–24.05.2018
The government has backed up and there’s no way the government can allow any bank to default,” financial services secretary Rajiv Kumar said. Express photo
Any cut in fuel price will be at the cost of welfare schemes, says Nitin Gadkari | The Indian Express–24.05.2018
Union Minister and senior BJP leader Nitin Gadkari has said subsidising petrol and diesel to bring down their rising retail prices will take money away from social
RBI | Bad Loan: SBI chief says RBI bad loan directive will discipline governments and borrowers–Economic Times–23.05.2018
State Bank of India chief has hailed the recent Reserve Bank of India (RBI) directive on bad loans stating that it will prompt state and
SME and retail credit should grow at 18-20% per annum for next 10-15 years: Rashesh Shah – The Economic Times–23.05.2018
Edelweiss has a run rate of 35-40% growth. Do you think that kind of a run rate is here to stay for next three, four,
Rs 450-crore Input Tax Credit: Intelligence unit unearths fake GST bills business – The Financial Express–23.05.2018
The intelligence unit for the goods and services tax (GST) has unearthed a nexus among businesses that use fake bills to claim input tax credit
Tax department sends notices to GST non-filers – The Financial Express–23.05.2018
After months of large scale non-compliance in filing of the summary return (GSTR-3B) by taxpayers under Goods and Services Tax (GST), the tax department has
Tata Steel’s takeover of Bhushan Steel: IBC’s ‘operational’ test case | Business Standard News–23.05.2018
A series of tweets from Piyush Goyal, the officiating minister in the ministry of finance, on Friday set the tone of government narrative on the
Insolvency: NCLAT puts on hold resolution process for Essar Steel | Business Standard News–23.05.2018
The National Company Law Appellate Tribunal (NCLAT) has put on hold the resolution process for Essar Steel. The appellate tribunal has asked the resolution professional, Committee of Creditors (CoC) and
NCLAT rejects Dalmia Bharat’s plea for status quo on bids for Binani Cement | Business Standard News–23.05.2018
The National Company Law Appellate Tribunal (NCLAT) on Tuesday declined to order a status quo on the bids to maximise the offer for debt-ridden Binani Cement by the two
Input tax credit must be reversed when finished goods are destroyed: Expert | Business Standard News–23.05.2018
Q. We are manufacturers of chemicals. The goods produced in a particular batch are not of correct quality. We cannot sell it or use it.
GST: Lack of item-wise tax collection data proves a hurdle – Business Line–23.05.2018
Even after 10 months of the Goods and Services Tax (GST) rollout, tax authorities are not in a position to tell which sector or item
Export obligation under EPCG scheme made more flexible – Business Line–23.05.2018
In a move that will come as a relief to exporters, the government has decided to make the rules for meeting of export obligation under
Bhushan breakthrough – Business Line–23.05.2018
Given that other NCLT cases may face a tougher road, the rules must be tweaked to ensure that the widest possible range of bidders participate
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