There is a new and palpable energy to the authorities’ attempts to run down cases of financial fraud that involve India’s banking sector. This is
Author: Anil R Tikotekar
Hope for progress this financial year | Business Standard Column–
The new financial year has started on a positive note, despite the protectionist measures of America and retaliation by China. The Reserve Bank of India (RBI) has said
Changes in the ITR Form: Key questions answered | Business Standard News–11.04.2018
The government has notified new Income-Tax Return (ITR) forms for 2018-19. These forms require some additional disclosures from assessees. Archit Gupta helps understand these changes in this
If recipient fails to pay supplier in 180 days, he loses ITC and interest | Business Standard News–11.04.2018
A person who provides services to us says that under the GST laws we have to pay him within six months. We are in financial
Why Chanda Kochhar must resign – Business Line–11.04.2018
Propriety, and the high standards of corporate governance that the bank swears by, demand that she step down right now Nemesis for many celebrities comes
The hard choice: Banking over banker–Economic Times–11.04.2018
At a time when public confidence in banking has been shaken — 16% of banks’ asset portfolio is stressed, 11 public sector banks are in
For smoother resolution – Business Line–10.04.2018
The Insolvency Committee has addressed many contentious issues plaguing resolution process In view of conflicting rulings by the National Company Law Tribunal (NCLT), numerous appeals,
Centre can’t punish Southern states for implementing national policies: Kerala FM | india news | Hindustan Times–10.04.2018
As protest over plan allocation criteria for states gets louder, CPI(M)-ruled Kerala has taken the lead by convening a meeting of the finance ministers of
How banks can improve recoveries under Insolvency and Bankruptcy Code – The Financial Express–09.04.2018
PSU banks have not been able to achieve significant improvement in recoveries even post the enactment of the Insolvency and Bankruptcy Code (IBC). We believe
Amending IBC: Need clarity how home buyers will be protected, says expert | Business Standard Column–09.04.2018
The recommendations of the Insolvency Law Committee appointed by the Ministry of Corporate Affairs if accepted will give a fresh boost to the Insolvency and Bankruptcy Code
New ITR form seeks salary break-up, more disclosures from taxpayers | Business Standard News–09.04.2018
New ITR forms seek more disclosures The new Income Tax Return (ITR) forms released for the assessment year 2018-19 seek more details from taxpayers than they did in the previous
Think out of the box on fiscal policies, says NITI aayog | Business Standard News–09.04.2018
Orthodox fiscal and monetary policies, with their sole focus on reducing fiscal deficit by a specific percentage of gross domestic product (GDP) and maintaining inflation, were criticised
Checking NPAs: 11 public sector banks now on RBI watchlist, small firms face credit crunch | The Indian Express–09.04.2018
Government sources also confirmed that at least three-four more banks are expected to be brought under the PCA framework because of deteriorating performance. Lending to
When the supervisor slept | The Indian Express–09.04.2018
The matter pertaining to the ICICI Bank’s CEO Chanda Kochhar goes beyond the question of propriety. It follows close on the heels of the Punjab National Bank-Nirav
Will IBC bankrupt banks? – The Hindu–09.04.2018
Mrs. Bumble had broken some trinkets but it was her husband who was held guilty… “Indeed, You are the more guilty of the two, in the
AADHAAR: Aadhaar to prevent bank frauds, terror attacks, Attorney General KK Venugopal tells Supreme Court – The Economic Times–08.04.2018
The central government on Thursday claimed in the Supreme Court that Aadhaar would prevent bank frauds blamed for the rising non-performing assets in the public sector banking system and also would
Shades of grey in GST: 5 provisions that need greater debate – The Economic Times–08.04.2018
By Sundeep Gupta Goods & Services Tax (GST) was launched with much fanfare at midnight, July 1, 2017 replacing 17 erstwhile laws, both Central and State
Income Tax Return: Missed the March 31 deadline to file income tax return? Here’s what you can do–Economic Times–08.04.2018
March 31, 2018 was the deadline to file income tax returns (ITR) for the financial year 2015-16 and 2016-17. In case you haven’t filed your ITR for FYs 2015-16
Special Rs 26-bn package to boost export of leather products, footwear | Business Standard News–08.04.2018
The leather and footwear industry is expecting that the Rs 26-billion special package announced by the governed recently, will help the stagnant sector grow by easing the pricing pressure.
E-way bill system ‘working well’ for exporters – Business Line-08.04.2018
The e-way bill system seems to be working well for many exporters, with the Centre giving exemption to all exports moving from an inland container