Given the 3-crore-plus cases clogging India’s courts, the government has done well to clear two Bills—one for arbitration/conciliation and the other for the setting up
Author: Anil R Tikotekar
Insolvency pangs: More transparency and tweaking of the IBC will help | Business Standard Editorials–13.03.2018
The Insolvency and Bankruptcy Code, or IBC, has made some smart progress towards reconciling India’s humongous bad debt problem. Of the 12 indebted companies that
Opportunity in crisis: Judiciary should initiate reforms from within | Business Standard Editorials–13.03.2018
Speaking at the B G Verghese Memorial Lecture last week, former Chief Justice of Delhi High Court A P Shah called for the higher judiciary
From ground rent at ports to arbitration, here are the key court orders | Business Standard Column–13.03.2018
Redemption of mortgage only before sale The Supreme Court ruled last week that a mortgage can be redeemed before the date fixed for sale or
Insolvency and Bankruptcy Code left far too much room for interpretation | Business Standard Column–13.03.2018—–*****
To understand how protracted recovering money through sale of assets has become for banks, read some of the newspaper headlines relating to the insolvency cases
Govt blames UPA II FM Chidambaram for relaxing 80:20 gold import scheme | Business Standard News–13.03.2018
The central government blamed ex-Union finance minister P Chidambaram for deciding to relax the 80:20 gold import scheme three days before the 2014 general election,
State-run banks must be privatised | Nandan Nilekani | analysis | Hindustan Times–13.03.2018
From 1947 to 1955, 361 private banks in India had failed, leaving depositors in the lurch. On the midnight of July 19, 1969, 14 of
Arun Kumar’s book “Demonetisation and Black Economy” talks about the futility of such the exercise, which brought no gain, but caused massive pain–The Print–12.03.2018
Arun Kumar’s book “Demonetisation and Black Economy” talks about the futility of such an exercise which brought no gains but caused massive pains. “We have
PSBs recapitalisation should be part of broader package of financial reforms: IMF | business news |- Hindustan Times–12.03.2018
The IMF has said that the recapitalisation of public sector banks (PSBs) should be part of a broader package of financial reforms to speed up
Mr. P Chidambaram–Across the aisle: The hole in the budget | The Indian Express–12.03.2018
The Budget seems to have assumed that crude oil price will remain below USD 70 per barrel. If that number goes up, there will be
To tackle evasion, officials propose checks in GST return filing system – Business Line–12.03.2018
Worried about tax evasion under the Goods and Services Tax (GST), officials are keen that the new returns filing system should ensure that the tax
Growth through high deficits not healthy | Business Standard Column–12.03.2018
The recent data on GDP/GVA growth in the third quarter of 2017-18 has again revived expectations that the deceleration in economic activity because of GST
Cloud tech can increase SMB cash flows by up to 308 per cent: Microsoft survey – The Economic Times–12.03.2018
Small and medium businesses (SMB) can improve cash flows by up to 308 per cent as a result of the “dexterity and flexibility” enabled by
As India celebrates GDP growth, it must focus on growing economic inequalities–11.03.2018———-**********
Our all-time low private investment rates indicate that the greater part of this income sits as idle savings, ensuing minimal productivity. The third-quarter GDP growth
War of words over state of economy–The Telegraph–11.03.2018
The state of the economy came in for sharp criticism from the Congress-led Opposition, which blamed the government’s handling of the economy for the fall
It is good government is rolling out E-Way Bill in a staggered manner: Sachin Menon, KPMG – The Economic Times–11.03.2018
Talking to ET Now, Sachin Menon, Head of Indirect Tax, KPMG, says even in cases where the system is working, officers are sitting on the
No decision on GST return simplification, E-Way bill to be implemented from April 1 – The Economic Times–11.03.2018
The 26th GST Council meeting on Saturday failed to come up with any conclusive simplification process after deliberating on two models and has now postponed
GST Council defers e-Wallet by 6 months, current system of tax exemptions for exporters to continue – The Economic Times–11.03.2018
The 26th GST Council meeting on Saturday decided to defer the implementation of the e-Wallet scheme by six months and exporters presently availing various export
GST Council Meet: E-way Bill to be rolled out from April 1 – The Financial Express–11.03.2018
The GST Council has approved the roll-out of the E-way Bill from April 1 for the interstate transportation of goods. At the 26th GST Council
Insolvency resolution: Promoters of stressed MSMEs to get relief – The Financial Express–11.03.2018
Banikinkar Pattanayak | In a move aimed at providing relief to the micro, small and medium enterprises (MSMEs), a panel set up to look into