The RBI continues to remain unable to influence the effective lending rates in the economy. In February, in its latest statement of intent to resolve
Author: Anil R Tikotekar
Bank salvation does not lie in mergers–Economic Times–21.06.2018
Reports say that the government is considering merging four public sector banks (PSBs), Bank of Baroda, IDBI Bank, Oriental Bank and Central Bank, which together
India must gear up for a trade war–Economic Times–21.06.2018
The trade war brewing between the US and practically all others could do serious damage to global growth, if it does actually break out. The
Income Tax: Professional fees is not salary; use ITR-4 to file return u/s 44ADA – The Financial Express–21.06.2018
I am 66 years old and working as a consultant. My salary is paid to me as professional fees which does not exceed `50 lakh
E-way bill: Transporters can now use common enrolment number across multiple States – Business Line–21.06.2018
To help the logistics industry comply with e-way bill requirements with ease, the Finance Ministry has announced new rules for transporters running businesses in multiple
ARCs are not the solution to bad loans mess – Business Line
The government, the Reserve Bank of India and the banks seem to be completely at a loss for ideas to handle the ₹8 lakh-crore of
Over-taxed – Business Line–21.06.2018
The Centre should be looking to prune its tax rates instead of demanding higher pay-outs It is with a sinking feeling that taxpayers must have
Slippery argument: Contrary to what Jaitley suggests, lower fuel tax is both doable and desirable–20.06.2018
Union minister Arun Jaitley defended the current level of central taxes on retail prices of petroleum products by arguing that it raises revenue for growth
Income Tax Returns | How to File ITR | File Income Tax Returns for FY 2017-18 – The Economic Times–20.06.2018
How to file ITR Jun 20, 2018, 06.19 AM IST 64603829.cms.webp6.3 KB received-form-16-what-figures…11.8 KB Received Form 16? What figures to check and where which-itr-form-applies-to-you…2.0 KB
Probe into 80,000 shell firms hits dead end as govt fails to trace PANs | Business Standard News–20.06.2018
The probe into 80,000 shell companies struck off by the Registrar of Companies (RoC) in the first lot has hit a dead end. The government had not been able to trace
One country, one GST, lots of confusion – Business Line–20.06.2018
What happens when two units of the Authorities of Advance Ruling (AAR) hold divergent views on whether cess can be transitional under Goods and Services
Interview with CBIC chairman: ‘70-80 per cent GST issues resolved, revenue buoyancy likely soon’ | The Indian Express–20.06.2018
Central Board of Indirect Taxes and Customs (CBIC) Chairman Vanaja N Sarna. Terming her 15-month term as challenging, Central Board of Indirect Taxes and Customs
Subhash Chandra Garg: CAD at 2.5 per cent of GDP not a worry, govt has the tools | The Indian Express–20.06.2018
Economic Affairs secretary Subhash Chandra Garg on Tuesday said that current account deficit (CAD) in the range of 2-2.5 per cent of Gross Domestic Product
IBC 2016–Ordinance: big deal for homebuyers | Deccan Herald–20.06.2018
The ordinance amending the Insolvency and Bankruptcy Code (IBC) to protect homebuyers is a welcome development as it treats homebuyers as financial creditors. This is
Rate hike: all’s not well in economy | Deccan Herald–20.06.2018
Rising inflation and high fuel prices prompted the Reserve Bank of India (RBI) to increase the benchmark short term interest rates by 0.25% for the
Fin Min wants BJP-ruled states to take lead in bringing petrol under GST–Deccan Chronicle–20.06.2018
Left with few options to tackle the crude price hike impact on the economy, the finance ministry may ask the political leadership to persuade the
[ Income Tax ] Financial experts guidance | ‘कलम १४३ (१)’नुसार आलेल्या नोटिशीचे काय करायचे? | Loksatta–19.06.2018
|| प्रवीण देशपांडे प्रश्न : मला १४३ (१) या कलमानुसार प्राप्तिकर खात्याच्या सीपीसी, बंगरुळू येथून ईमेलद्वारे सूचना आली आहे. आणि त्यामध्ये मला आर्थिक वर्ष २०१६-१७
GST: Demo & GST – Empirical evidence shows MSMEs yet to recover from the twin economic measures–19.06.2018
By Manish Sinha The micro, small and medium enterprises (MSMEs) sector is of special significance for the Indian government, expecting it to offer higher employment
GST formalising economy, widening tax base, says Finance Ministry – The Financial Express–19.06.2018
The Finance Ministry today said it would be increasingly difficult for businesses to remain outside the tax net as GST is leading to formalisation of
UltraTech: Dalmia Bharat delaying Binani resolution – The Financial Express–19.06.2018
With Dalmia Bharat-controlled Rajputana Properties (RPPL) sticking to its demand for getting a copy of UltraTech Cement’s revised resolution plan, the Aditya Birla Group-owned cement