lipped from: https://www.financialexpress.com/economy/zomato-swiggy-stare-at-gst-complexities-from-january-1/2383694/ According to this circular, invoicing of the above service has been made the responsibility of ECOs. In September 2021 it was announced that
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Put in place foolproof IT system, control mechanism to check assessment errors: CAG to CBDT – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/put-in-place-foolproof-it-system-control-mechanism-to-check-assessment-errors-cag-to-cbdt/2385945/ Comptroller and Auditor General of India (CAG), in a report tabled in Parliament, audited 356 high value cases pertaining to Corporation Tax with
Did Religare, IL&FS, and Essar promoters carry out circuitous transactions through Srei Group firms? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/did-religare-ilfs-and-essar-promoters-carry-out-circuitous-transactions-through-srei-group-firms/primearticleshow/87869116.cms From Left, Shivinder Singh, Malvinder Singh, erstwhile promoters of Religare group; Hemant Kanoria, former chairman, Srei Infrastructure Finance; Ravi Ruia, Vice chairman, Essar
Negligible revenues, insufficient collateral yet Srei Group lenders gave crores to obscure firms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/negligible-revenues-insufficient-collateral-yet-srei-group-lenders-gave-crores-to-obscure-firms/primearticleshow/88285684.cms SynopsisAmid insolvency proceedings, Srei Group-owned lenders’ decisions, taken as recent as two years back, could bring more trouble for the group. Documents filed
IBC: Time is right for stressed asset investors to play a more meaningful role – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/ibc-time-is-right-for-stressed-asset-investors-to-play-a-more-meaningful-role/articleshow/88405503.cmsSynopsis The Insolvency and Bankruptcy Code was enacted in 2o16 but its yet to gain popularity. The stressed asset market in India is estimated
FII selling makes rupee Asia’s worst-performing emerging market currency – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/forex/fii-selling-makes-rupee-asias-worst-performing-emerging-market-currency/articleshow/88407482.cmsSynopsis The currency declined 1.9% this quarter as global funds pulled $4.2 billion of capital out of the country’s stock market, the most among
Snapdeal files DRHP to raise funds through an initial public offering | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/snapdeal-files-drhp-to-raise-funds-through-an-initial-public-offering-121122100401_1.html The IPO comprises a fresh issue of equity shares worth up to Rs 1,250 crore and an offer-for-sale (OFS) of up to 30,769,600
India’s rooftop solar addition triples to 1.3 GW in Jan-Sep 2021: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-s-rooftop-solar-addition-triples-to-1-3-gw-in-jan-sep-2021-report-121122100662_1.html Gujarat is the leading state for cumulative rooftop solar installations India’s rooftop solar capacity addition tripled to 1.3 GW during January-September 2021 as
Bill on CA, company secretaries referred to standing committee | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/bill-on-ca-company-secretaries-referred-to-standing-committee-121122100705_1.html Minister of State for Parliamentary Affairs Arjun Ram Meghwal moved the proposal for referring the Bill to the panel Chartered Accountant. Photo: Shutterstock
Managing the spending bulge | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/managing-the-spending-bulge-121122101371_1.html Is the post-Covid rise in govt expenditure sustainable? Governments respond to a crisis in different ways. If the crisis impacts the economy and
Indian cybersecurity industry logged $9.85 bn as revenue in 2021: Study | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/indian-cybersecurity-industry-logged-9-85-bn-as-revenue-in-2021-study-121122101107_1.html Industry was ‘at the forefront’ in supporting government, says senior civil servant. The Indian cybersecurity industry has witnessed significant growth in the last two years,
IT raid on chit fund group finds Rs 250-crore illicit cash transaction | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/it-raid-on-chit-fund-group-finds-rs-250-crore-illicit-cash-transaction-121122101222_1.html The searches were carried out on December 16, and 30 premises of the unidentified group, also engaged in real estate and finance business
The limits of unicorns | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-limits-of-unicorns-121122101358_1.html Start-ups cannot be a growth engine for the Indian economy This may have been the second year of the global pandemic, but for
Are jobs really being created? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/are-jobs-really-being-created/article38006259.ece While data from CMIE and EPFO present a contrasting picture, jobs in the unorganised sector continue to be difficult to assess Employment data
Retrograde move – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/retrograde-move/article38006213.ece Trading suspensions are anathema to free markets; SEBI ban will kill the ailing agri derivatives market The Securities and Exchange Board of India’s
Erring auditors beware – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/erring-auditors-beware/article38006469.ece A new Bill’s focus is largely on disciplinary action The Chartered Accountants Act was first passed in 1949. Over the next 72 years,
Consistent evidence that Omicron is spreading significantly faster than the Delta variant: WHO chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/consistent-evidence-that-omicron-is-spreading-significantly-faster-than-the-delta-variant-who-chief/article38002627.ece People who have been vaccinated or have recovered from Covid-19 could be infected or re-infected, he says The World Health Organisation on Monday
Regulating NBFCs, the banking way – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/regulating-nbfcs-the-banking-way/article37998990.ece RBI extending the PCA framework to shadow banks will prompt them to implement best business, risk-management practices In a strategic move, the RBI
Reforms, growth, equity the only way to sustain high growth rate: C Rangarajan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/reforms-growth-equity-the-only-way-to-sustain-high-growth-rate-c-rangarajan/article37999734.ece C Rangarajan, former Governor, RBI – PAUL NORONHA C Rangarajan, former Governor, RBI – PAUL NORONHA× Former RBI Guv says triad of reforms,
From Apollo to Max, hospital chains poised for growth as patient flow rises and new centres flourish – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/pharma-and-healthcare/from-apollo-to-max-hospital-chains-poised-for-growth-as-patient-flow-rises-and-new-centres-flourish/primearticleshow/88015936.cms SynopsisAfter over a year of navigating through the challenges of Covid-19, the hospital sector has bounced back to pre-pandemic levels. An increase in
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