The move confirmed earlier reports of Chinese officials mulling a closure of domestic exchanges for virtual currency trading, which sent the price of Bitcoin tumbling.
Taxpayers were earlier given time until August 16 to opt for composition scheme. The GST Network (GSTN) today said it has reopened the facility for
Income inequality in India has been sharply on the rise, particularly since the early eighties, when growth began to accelerate, says a paper by French
The sector has continued raising the issue of the refund mechanism for taxes paid under GST being difficult Despite August export figures jumping by 10.3%
Petroleum Minister Dharmendra Pradhan is under intense political pressure. He is being asked to reduce retail prices of petrol and diesel, which have now risen
Almost everybody believes that the problems of bad debt-laden public sector banks can be fixed with the new Insolvency and Bankruptcy Code (IBC). Well, they
High- and low-productivity firms manage to coexist in India when low-productivity firms cheat on compliance. To the extent that a sound GST improves compliance, many
The data released last Friday revealed that India’s current account deficit in the first quarter of 2017-18 is at its highest level in four years,
According to Vijay Jasuja, Chief Executive Officer, SBI Card, the company has worked out a strategy for doubling its credit card customers on an incremental
India’s external balance sheet may have improved significantly since the infamous taper tantrum of 2013, but there are now signs that warrant more caution from
Insolvency resolution is about the allocation of losses among different stakeholders in a situation where there isn’t enough left in the pot for everyone. So
Highlights The committee will mediate between two parties and help resolve their issues so that they can avoid taking the dispute before the housing regulator.
Technical glitches and procedural problems galore on the GST Network have delayed payments and filing of returns under the new Goods and Services Tax (GST)
The bitcoin-rupee swap rate went into a free fall after regulators in China forced BTC China, one of the world’s biggest exchanges for the digital
With 30 per cent lesser offtake of 430 million tonnes of cement last year, due to slowdown in construction industry in the country, a similar
Despite RBI’s caution on virtual currencies, a domestic Bitcoin exchange said it was adding over 2,500 users a day and had reached five lakh downloads.
The Government on Saturday ruled out any further extension in filing of returns under GST after December and advised the taxpayers to file them in
Verified high-limit credit cards from countries including the US, Japan, and South Korea are selling on the dark web for the bitcoin equivalent of about
By Nikhil Arora Small and Medium businesses form the backbone of our economy. Amidst a challenging business environment, Indian SMBs have displayed remarkable strength
The Modi government has carried out a series of regulatory reforms to facilitate the ease of doing business in India and create a favourable investment