After a strong 2017, the rupee appears wobbly this year. A look at the factors behind the fall and what’s in store The year 2017
Author: Anil R Tikotekar
GST: CBIC lays out procedure for inspection of goods under E-way bill | The Indian Express–16.04.2018
Trucks at a toll plaza. Under a proposed nationwide electronic way bill under the GST regime, smoother transition of goods between states had been expected.
Electrosteel Insolvency case: IBBI fines resolution professional for not considering creditor claim | The Indian Express–16.04.2018
National Sales’ claims fell in the category of 31 operational creditors for which claims are under ‘dispute’ in the pre-corporate insolvency resolution process The Insolvency
Binani withdraws termination plea of insolvency process | The Indian Express–16.04.2018
Binani Industries had reached an in-principle understanding with UltraTech Cement last month that would allow the latter to buy Binani Industries’ 98.43 per cent stake
E-way bill: CBIC spells out procedure for interception, detention of goods – Business Line–15.04.2018
Tax authorities have asked field officers to follow standard procedure for interception of conveyances for inspection of goods and their confiscation under the e-way bill
How SMBs can minimize COD failures and returns – The Economic Times–14.04.2018
By Saahil Goel Indian e-commerce is a strange mix of the new and the familiar. Spurred on by increasing internet access and smartphone penetration, industry estimates
Bonds issued by corporates touch ₹6 lakh crore – Business Line–14.04.2018
Corporate bond issuances in the last fiscal totalled ₹6 lakh crore, but the market is still dominated by private placements, a report from Care Ratings said.
Governor Patel, stay firm on bank norms–Economic Times–14.04.2018
Reserve Bank of India governor Urjit Patel has done the right thing to rule out any dilution in the norms for bad loans in the
Big cost of loans from small saving schemes–Economic Times–14.04.2018
The government’s borrowing cost is going up, even when the yield on gilts trends down. This is neither good for a functioning debt market nor
Why volatility is back to haunt bond markets? – Business Line–14.04.2018
The party in bond markets that began with the Centre lowering the borrowing programme for the first half of 2018–19 and the RBI topping it
GST: Yes Bank launches an industry first GST backed OD facility for MSMEs–Economic Times–14.04.2018
Yes Bank has announced the launch of ‘Yes GST’, an OD (over draft) facility for Micro, Small and Medium Enterprises (MSMEs). Through this an MSME can avail OD up to
Misplaced logic: Protecting GSTN data needs more than a change in ownership | Business Standard Editorials–14.04.2018
The finance ministry wants to convert the Goods and Services Tax Network (GSTN), the not-for-profit organisation that provides the technological backbone to the GST, into a government-owned
Supreme Court says no to out-of-court settlement; Binani Ind withdraws plea – Business Line–14.04.2018
With the Supreme Court indicating it was not in favour of any out-of-court settlement, Binani Industries Ltd on Friday withdrew its plea seeking an end
As labour-intensive sectors take a hit, exports dip in March – Business Line–14.04.2018
A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6
Tax exemption for start-ups on investments up to ₹10 cr – Business Line–14.04.2018
Responding to a long-standing demand from the industry, the government has relaxed the rules for angel tax exemption for start-ups by making entities incorporated before
IBC: Government needs to re-look at certain provisions of IBC: Uday Kotak – The Economic Times–13.04.2018
Kotak said the rules of bidding should be like a prospectus where it should be clearly stated what is the basis on which the bids
GST–: Implementation of GST not ‘unfixable’ problem: Raghuram Rajan – The Economic Times–13.04.2018
Proper implementation of the Goods and Services Tax (GST) in India can be worked upon and is not an “unfixable problem”, former RBI governor Raghuram Rajan has
Capital gains tax exemption valid even if housing loan used for new house: ITAT – The Economic Times-13.04.2018
The Kolkata bench of the Income-tax Appellate Tribunal (ITAT) has held that investment-linked capital gains tax exemption, which is available on purchase of a new house,
Insolvency committee report: A step towards fine-tuning IBC – The Financial Express–13.04.2018
The committee has taken into consideration the decision of the Supreme Court in the Mobilox Innovations case. The nascent Insolvency and Bankruptcy Code (IBC) is
The hard choice: Banking over banker–Economic Times–12.04.2018
At a time when public confidence in banking has been shaken — 16% of banks’ asset portfolio is stressed, 11 public sector banks are in