GST Network, the company that is readying the technology backbone for the new regime, has dismissed fears that the online tool will be too cumbersome
Author: Anil R Tikotekar
Stressed steel sector loans easier to resolve: bankers–Business Line [ The Hindu ] -17-06-2017
Thanks to revival in demand and prices–Stressed companies in the steel sector stand a better chance of getting resolved under the Insolvency and Bankruptcy Code
Steel, infra companies in RBI’s big-debtor list–Business Line [ The Hindu ] –17-06-2017 ]
‘Dirty dozen’ accounts for ₹2 lakh cr exposure Big companies in the steel and infrastructure sectors dominate the list of 12 large accounts identified by
No timeline for identification of additional defaulters: RBI’s S S Mundra–Financial Express–17-06-2017
RBI Deputy Governor S S Mundra today ruled out coming out with next batch of loan defaulters against whom insolvency proceedings will be initiated. The
Not demonetization, here’s what caused the farmers crisis in Maharashtra, Madhya Pradesh–Financial Express–17-06-2017
Talk to anyone in the agriculture/commodities sector, and they will tell you about the typical agriculture price-output cycle. A huge price spike will cause a
Don’t force flat buyers to pay entire amount before July 1: Tax dept–Business Standarad–17-06-2017
The indirect tax department has warned builders against asking flat buyers to face higher tax rates if they don’t pay the entire amount of houses
Telcos should seek removal of unjustified levies–Economic Times-17-06-2017
Telecom operators have reportedly asked the sector regulator, Trai, to set a floor price for voice and data tariffs to ostensibly tackle competition. This is
4 reasons why India should keep its fingers crossed when GST rolls in next month–Economic Times-17-06-2017
The Goods and Services Tax (GST), India’s biggest tax reform since independence, will unify a $2 trillion economy into a single market. This big tax
RBI working on formal co-origination model for MSME credit boost, says Mundra–Business Line [ The Hindu ] 16-06-2017
The Reserve Bank of India (RBI) is working towards a formal co-origination model to give a boost to the flow of credit to the micro,
GST impact: 28% tax rate on consumer appliances worries fan manufacturers–Business Standard–16-06-2017
According to rough estimates unless government intervenes the immediate price rise of fans could be at least four to five per cent The Rs 6000
GST does not call for distress sales–Economic Times–16-06-2017
Afire sale ahead of the roll out of the goods and services tax is undoubtedly beneficial for consumers, but disruptive for industry and the overall
Steel ministry pins hopes on spurt in infrastructure spending–Economic Times–16-06-2017
Steel ministry is pinning its hopes on a spurt in infrastructure spending to provide a much needed boost to domestic steel demand. It expects at
ITR E filing: E-filing income tax return: How individuals can upload any ITR using excel utility – The Economic Times—-16-06-2017
Only ITR 1 and ITR 4 forms, filed by the individual taxpayers, can be filled online without downloading any software. Every year the Income tax
GST return filing: Excel sheet format to come on June 25 – The Economic Times–16-06-2017
Just five days before the Goods and Services Tax (GST) is rolled out, GST Network will on June 25 launch an offline excel sheet format
Income tax mop-up begins on strong footing, up 26.2% till date–16-06-2017
Net income tax collection till June 15 grew at a healthy 26.2 per cent to Rs 1,01,024 crore from across the country as of June
Bill to deal with crisis in banks, insurers gets Cabinet go-ahead–Indian Express–16-06-2017
To protect the stability and resilience of the financial system, protect public funds and obligations of consumers up to a reasonable limit, the Union Cabinet
Opt for family floater with restoration benefits–Business Standard–16-06-2017
The restoration option doubles the cover if the policyholder exhausts the sum insured. Say, you have health insurance of Rs 10 lakh. You run up
Come Sunday, rules will be finalised to stop firms from cashing in on GST–Business Standard-16-06-2017
Once the rules on ‘e-way bill’ are finalised it would be clear whether the GST Network alone would be developing the platform for it or
GST regime: Builders must pass on lower rates to buyers, says FinMin–Otherwise, the action would be violation of the anti-profiteering clauseBusiness Standard–16-06-2017
The government on Thursday asked builders to pass on the benefit of lower tax under the goods and services tax (GST) system to buyers by
NPA recovery–A good start–Business Standard–16-06-2017
On Tuesday, the independent advisory committee that the RBI has set up to advise on loan resolution chose 12 large non-performing accounts for resolution under