Nine months after the Goods and Services Tax was ushered in, taxpayers are beginning to enter the comfort zone in filing their returns. But experts
Author: Anil R Tikotekar
Currency games – Business Line–18.04.2018
There are no valid grounds for the US to accuse India of being a currency manipulator By naming India as one among six countries whose
Aadhaar data breach can influence election results: Supreme Court–18.04.2018
Senior counsel, Diwedi submitted that technology is advancing and we have limitations of understanding such developments. Justice Chandrachud told the counsel ‘merely because of limitations
Divided we fall: on the 15th Finance Commission – The Hindu–18.04.2018
Prime Minister Narendra Modi thinks vested interests are behind the “baseless” allegation that the terms of reference of the 15th Finance Commission are biased against certain States
[Banks] Brief respite – Business Line–18.04.2018
The RBI’s recent dispensations will provide only a brief respite, while doing little to restore confidence in the banking system What was to be a
The great bank fiddle | The Indian Express–17.04.2018—–*****
It is now clear that India’s current banking crisis is a child of multi-decade action and inaction by the RBI and the Department of
RBI may loosen NPA norms to let banks breathe easy – The Economic Times–17.04.2018
The Reserve Bank of India (RBI) may relax some of the stringent norms for treatment of bad loans that it announced in February without diluting their spirit,
IDBI Bank: NCLT admits S Kumars for insolvency proceedings–Economic Times–17.04.2018
The Mumbai chapter of the National Company Law Tribunal (NCLT) last week admitted textiles and apparel company S Kumars NationwideNSE 20.00 % for insolvency proceedings after the state-owned IDBI
Alok Industries: Alok lenders reject Reliance Industries-JM Financial ARC’s revised offer – The Economic Times–17 04 2018
Lenders to Alok IndustriesNSE -9.76 % have rejected a revised offer by Reliance Industries-JM Financial ARC to acquire the bankrupt company, implying that the borrower may head
RBI should stay firm on bankruptcy norms–Economic Times–17.04.2018
The finance ministry reportedly wants the Reserve Bank of India (RBI) to ease the norms for bad loans, ostensibly to prevent mass corporate distress. This
Insolvency and Bankruptcy Code: There is no alternative to the process – The Financial Express–17 04.2018
The Supreme Court’s disinclination to interfere in the Insolvency and Bankruptcy Code (IBC) process and entertain a petition by Binani Industries to terminate insolvency proceedings
GST: Companies may have to rework salary packages to reduce GST impact – The Economic Times–16.04.2018
India Inc may have to start restructuring compensation packages or human resource benefits of employees to ensure they don’t face taxing times under the goods
Industrial rebound calls for credit–Economic Times–16.04.2018
The Index of Industrial Production has notched a credible 7.1% increase in February (over the like period last year); output has been buoyant for four
Binani: SC order a new opportunity–Economic Times–16.04.2018
When Binani Cement moved the Supreme Court seeking to exit the resolution process under the Insolvency and Bankruptcy Code (IBC) overseen by the National Company
As banks shy away from education loans, NBFCs see a lucrative opportunity | Business Standard News–16.04.2018
While public sector banks are facing high accretion of non-performing assets (NPAs) in the education loans, leading to a marked slowdown in growth, non-banking finance companies (NBFC) are expanding
Give Insolvency and Bankruptcy Code a chance | Business Standard Column–16.04.2018
The Insolvency and Bankruptcy Code, 2016 (the Code), shall be two years old next month with mixed experience, despite government’s move at an unprecedented pace to operationalise
Banks Bottom Line–Brief respite – Business Line–16.04.2018
What was to be a catastrophic quarter for banks could well turn out to be a comforting one, thanks to the dispensations that the RBI
Insolvency and Bankruptcy Code: BJP claims Rs 4 lakh crore recovery; RBI data tell a different story | The Indian Express–16.04.2018
The IBC provides for a time-bound resolution within 180 days, and has a provision to extend the deadline by another 90-days. The BJP claimed on
GST–Smooth e-way bills system a relief | Deccan Herald–16.04.2018
The reintroduction of the e-way bill system, which is a crucial part of the Goods and Services Tax (GST) regime, from April 1 has been
E-way bill: CBIC spells out procedure for interception, detention of goods – Business Line–16.04.2018
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