The past year has been a bad one for the underlying global political and economic order. Consider the following events and trends: * Despite apocalyptic
Author: Anil R Tikotekar
GST–Tough task | Business Line–11.01.2018
The anti-profiteering authority may find it challenging to make its cases stick One of the main planks on which the Modi government ushered in the
To protect privacy, UIDAI introduces ‘Virtual ID’ for Aadhaar-card holders | india-news | Hindustan Times–11.01.2018—–*****
The Unique Identification Authority of India (UIDAI) on Wednesday put in place a two-layer security mechanism to reinforce privacy protection for Aadhaar ID number holders.
[GDP]The 6.5% warning | The Indian Express–11.01.2018—–*****
Investment in the Indian economy has declined from 34.3 per cent of the GDP in 2011-12 to 27 per cent of the GDP in 2016-17.
There are gains from GST, not all of which have been realised: T C A Anant | Business Standard News–10.01.2018
A few days after Advance Estimates (AE) showed that the expansion in gross domestic product (GDP) is set to decline to a four-year low of
Arbitration is coming of age in India | Business Line–10.01.2018
Institutional arbitration cuts excruciating delays in dispute resolution. Businesses and policymakers must promote it It is often said that litigants experience ‘eternity’ when they go
SME: Stress on SMEs to continue but CVs, microfinance to do well:Moodys-ICRA – The Economic Times–09.01.2018
Small and medium enterprises (SMEs) will continue to be under stress as the impact of the new goods and services tax (GST) and demonetisation lingers
Economic reforms will bear fruit in 2018–CEO Yes Bank–09.01.2018—–*****
2018 will be the year when the three structural reforms of 2017—bank recapitalisation, insolvency resolution and the goods and services tax (GST)—will bear fruit. For
GST and anti-profiteering: Industry must pass on benefit to consumers, but authorities too must take a big step – The Financial Express–09.01.2018
In a letter to large FMCG companies, the chairperson of the CBEC pointed out that in addition to these measures being a legal requirement, industry
Brief case: Clarifications on IBC, fresh auction with clear terms, and more | Business Standard Column–09.01.2018
More clarifications on bankruptcy code In yet another major clarification on the Insolvency and Bankruptcy Code, the Supreme Court has ruled that a lawyer on
Three rates better than one flat rate in the goods and services tax | Business Standard Column–09.01.2018
After the Prime Minister (PM) made a strong case against a flat rate in the goods and services tax (GST), the debate has assumed more
Don’t resort to knee-jerk reaction: Assocham to govt on GST slip | Business Standard News–09.01.2018
Industry body Assocham has cautioned the government against resorting to a “knee-jerk” reaction to deal with slippage in GST collections, and said those revenues would
GST: Anti-profiteering complaint form is expected to become simpler | Business Standard News–09.1.2018
Filing complaints against companies for not passing the benefits of tax reduction under the goods and services tax (GST) regime is expected to become simpler.
New confusion in GST’s many rules | Business Standard Column–09.01.2018
The finance ministry’s new year gift is a notification reducing the Goods and Services Tax (GST) rate for manufacturers under the composition scheme, from two
Goods import: Will payment to an agent for Customs duty attract GST? | Business Standard News–09.01.2018
I intend to import goods from outside India. Will payment to a Customs house agent (CHA) for Customs duty attract goods and services tax (GST)?
Not in a sweet spot | Business Line–09.01.2018
The economy may need a budgetary stimulus to reverse negative signals By pegging the rate of growth at 6.5 per cent in 2017-18, the first
FRDI–Business as usual | Business Line–09.01.2018
The ‘bail-in’ clause in FRDI Bill is no big deal Some provisions in the proposed Financial Resolution and Deposit Insurance (FRDI) Bill is being discussed
Hitting the bottom | Business Standard Editorials–08.01.2018—–*****
The first advance estimates for economic growth in 2017-18, released by the Central Statistics Office (CSO) on Friday, do not make a pretty picture. The
Rupee may fall against euro, yen, but continue to rise against the dollar | Business Standard Column–08.01.2018—–*****
The global currency market has been braced for volatility, as the Brexit negotiations drag on. December saw a string of central bank policy reviews but
The next level of credit analysis | Business Standard Column–Mr. Ajay Shah–08.01.2018—–*****
Credit risk analysis in India in the past has focused on the question: Will this company be able to pay its dues? Now we need