LTCG on unlisted equity shares continued to be taxed after providing for indexation. The author has stated “that the LTCG formulation is not only flawed
Author: Anil R Tikotekar
Bankrupt MSME promoters may be allowed to bid for their companies | Business Standard News–08.03.2018
The insolvency law committee, headed by the Ministry of Corporate Affairs Secretary Injeti Srinivas, is expected to suggest significant changes in the Insolvency and Bankruptcy
GST: E-way bill must for intra-state goods movement from June 1 – The Economic Times–07.03.2018
All states shall have to compulsorily implement the national e-way bill system for intra-state movement of goods by June 1, the government said on Tuesday.
Highest bidder right choice under IBC–Economic Times–07.03.2018
The government has done the right thing by instructing public sector banks to go by the value of the bid while assessing alternate offers for
India needs to grow at 8-9% for next two decades to solve social issues, says former RBI Governor C Rangarajan – The Financial Express–07.03.2018—–*****
India needs to grow at 8 to 9 per cent for the next two decades to be able to address problems related to poverty and
Cash signals: Trend reversion questions formalisation of the economy after DeMo and GST – The Financial Express–07.03.2018—–*****
A complete parallel economy now perhaps operates off the radar and in cash; one counterpart of this may be the believed underreporting of transactions under
Rupee’s tightrope walk: There is increase dollar demand – Know why – The Financial Express–Mr. Jamal Mecklai—07.03.2018—–*****
The Nirav Modi scam has a direct impact on the forex market. Foreign branches of Indian banks have closed down the buyers’ credit window to
80:20 gold import scheme: The fire behind the smoke in UPA’s policy | Business Standard News–Mr. Rajesh Bhayani–07.03.2018—–*****
When, on 13 May 2013, jewellers were busy selling hundreds of tonnes of gold imported during the past month-and-a-half on Akshya Tritiya day, the country’s
Growth recovery visible; sentiment poor | Business Standard Column–Devangshu Datta–07.03.2018—–*****
The Q3 GDP data indicates that there is some sort of growth recovery. In turn, this suggests that the impact of the Goods and Services
[ Interest ] Rate reversal – Business Line–07.03.2018
The decision by the country’s largest bank, SBI, and other lenders such as ICICI Bank, Axis Bank and PNB to hike their lending rate across
If trade war breaks out, stand and watch–Economic Times–07.03.2018
US President Donald Trump’s move to impose tariffs of 25% on imported steel and 10% on imported aluminium, in the name of protecting domestic industry
PSU banks need an ethical business environment | opinion | Hindustan Times–07.03.2018
Janmejaya Sinha While reforming the PSBs, the State Bank of India can remain majority government owned because of its size and importance, but it should
India’s unemployment rate jumps at 15-month high: reaches 31 million as of 25th Feb-2018–CMIE–Deccan Chronicle–07.03.2018
The unemployment rate had reached a 71-week high in the week ended February 25, according to CMIE. The number of persons unemployed and are actively
NBFCs: govt’s timely warning–Deccan Herald–07.03.2018
The government’s decision to declare 9,491 non-banking finance companies (NBFC) as belonging to the high-risk category may have been prompted by the discovery of a
Long Term Capital Loss-Minhaz Merchant – BW Businessworld–06.03.2018
One of the most puzzling proposals in the 2018-19 Union Budget was the imposition of long term capital gains (LTCG) tax. Finance Minister Arun Jaitley
Missed Warnings How Watchdogs Failed To Spot 2 Billion PNB Fraud – BW Businessworld–06.03.2018
Gokulnath Shetty, a middle-aged bank manager of middling rank, spent his days in the foreign exchange department on the mezzanine floor of Punjab National Bank’s
TDS scam: 447 companies robbed tax department of Rs 3,200 crore, says report–Business Today–06.03.2018
Tax season is yet to really pick up pace in the country but tax scams are already hogging the headlines. Last month it was a
Banks may have to take 60% haircut in large NPA cases under IBC: CRISIL–Business Today–06.03.02018
The cases of non-performing assets (NPAs) which have been referred to the National Company Law Tribunal (NCLT) for resolution under the Insolvency and Bankruptcy Code
How to get your money back if you fall victim to online fraud–Business Today–06.03.2018
Narendra Pal, a government school teacher in Zirakpur near Chandigarh, got the shock of his life when he received an sms just before midnight that
Waning Interest in Stressed Assets- Business News–06.03.2018
Insolvency proceedings against the 12 big companies are the first test of the effectiveness of the Insolvency and Bankruptcy Code (IBC) in handling non-performing assets