Even as the Insolvency and Bankruptcy Board of India (IBBI) has issued standards for public information registries or information utilities to make the bankruptcy process
Author: Anil R Tikotekar
Firms acquiring stressed assets under insolvency may get tax relief | Business Standard News–19.12.2017
The government is considering giving tax relief to companies that acquire stressed assets under the insolvency process. Some of such steps like carrying forward tax
Move to probe builders for not passing GST benefit too harsh, say realtors | Business Standard News–19.12.2017
The proposed move by the National Anti-profiteering Authority (NAA) to investigate property developers for not passing on the benefits of lower taxes under the goods
India’s perpetual job crisis might find its fix in labour reforms | Business Standard News–19.12.2017
The lack of jobs is beginning to haunt the Modi government. The Reserve Bank of India’s recent Consumer Confidence Survey shows that public perception is
‘GST should ideally have only two rates’ | Business Line–19.12.2017
Satya Poddar, international tax expert “The three key objectives of any tax reform are to make it simpler, more efficient and more equitable,” says Satya
The dollar drain India must worry about | Business Line–19.12.2017
The spike in foreign exchange outflows under the Liberalised Remittance Scheme means India is vulnerable to large scale capital flight, if economic uncertainty increases In
FRDI Bill: Government unlikely to table FRDI Bill in Budget Session too – Times of India–19.12.2017
The Financial Resolution and Deposit Insurance (FRDI) Bill may not be introduced in Parliament even during the Budget Session, as the joint committee looking into
After GST simplification, exports rise 30.55% to $26.19 billion in November– Business Today–18.12.2017
After a brief pause, exports rose 30.55 per cent to $26.19 billion in November on account of improved global demand, government incentives and simplification of
ASSOCHAM asks govt to remove bail-in from FRDI Bill, says bank deposits only financial security of pensioners–BUSINESS TODAY–18.12.2017
ASSOCHAM said on Thursday that the government’s assurance to protect the depositors’ interest in case a bank lands up in trouble needs to be spelt
RBI sets up helpline to check bank accounts hacking–BUSINESS TODAY–18.12.2017
The RBI has stepped up its awareness drive against conmen who have become increasingly active in trapping unsuspecting individuals to part with details of their
What is e-way bill and who will generate it? Here is all you need to know – The Financial Express–18.12.2017
In a GST Council meeting held on Saturday, the decision to implement the e-way bill mechanism throughout the country by June 1 was taken, in
GST Council approves early roll-out of e-Way Bill; here’s what it means – The Financial Express–18.12.2017
The GST Council on Saturday approved an early roll-out of the e-Way bill for the inter-state movement of goods from February 1. The GST Council,
Govt to issue notices to assessees failing to file GST returns | Business Standard News–18.12.2017
Toughening its stand on goods and services tax (GST) defaulters, the government has asked officers to send notices to assessees who have failed to file
US–Fed Rate Increase–A clear shift | Business Standard Editorials–18.12.2017
The United States Federal Reserve acted in line with expectations when it raised the policy interest rate (the so-called Fed Funds rate) by 25 basis
Wrong way | Business Standard Editorials–18.12.2017
A key promise of the goods and services tax (GST) regime, which was put in place on July 1, was to promote efficiency, and reduce
Behind GDP bounce | Business Standard Column–18.12.2017
It is now generally believed that economic growth has bottomed out. It reached a trough of 5.7 per cent in the first quarter of 2017-18,
GST: What is treatment for supplies made within the warranty period? | Business Standard News–18.12.2017
What is the difference between cross-charge and distribution of credit by an input service distributor? Cross-charge implies a situation wherein one entity incurs certain expenses
GST–Empowered committee of state FMs should be dissolved: Sushil Modi Business Standard News–18.12.2017
The Empowered Committee of State Finance Ministers was constituted to harmonise discussion and decision making on indirect taxes. Among its heads has been Sushil Kumar
GST Council: GST Council nod for mandatory e-Way Bill for inter-state movement of goods – The Economic Times
GST Council meet: E-way bill set for early rollout from February 1 For a seamless movement of goods across states, the Goods and Services Tax
Power2SME , TiE Delhi NCR announce 5 winners for ‘Spirit of Manufacturing Awards 2017’ – The Economic Times
If things are to be believed, Indian manufacturing is all set to not just bring laurels to the nation, but also setting inspirational international standards