The worst is far from over for Indian banks. The financial stability report released by the Reserve Bank of India on Tuesday has warned that
Category: Merits back reference
IBC: Making way for reforms | Deccan Herald–28.06.2018
Kalpesh J Mehta, There has been a lot of buzz in the economy in the recent past on the amendment of The Insolvency and Bankruptcy
ITR4 for FY2017-18: The Sugam return filing tool for self-employed – The Economic Times–27.06.2018
Running an enterprise or professional set-up is considered difficult in India due to the complicated taxation rules and accounting procedures. This discourages many budding entrepreneurs
Double digit GDP growth is doable – OPINION – Business Line–27.06.2018
But it will take 3-4 years as agriculture, industry and services need to grow at higher rates on a continuous basis Getting GDP to grow
GST still work in progress | Business Standard Column–27.06.2018
Nearly one year since the introduction of the Goods and Services Tax (GST), what stands out is the quick response of the GST Council and government to
A big success of GST implementation is there has not been any inflation: Hasmukh Adhia – The Economic Times–27.06.2018
Finance secretary Hasmukh Adhia expects average goods and services tax (GST) revenues of Rs 1 lakh crore a month this year, with collections rising substantially as evasion is checked.
Hasmukh Adhia: ‘Stable e-way bill system, new IT infra, small changes in GST law to be priorities in 2nd year’ | The Indian Express–27.06.2018
Designing and testing of the new return filing system, stabilising the e-way bill system and minor corrections in the GST-related laws, which may come up
Insolvency process: Alok Industries goes to RIL-JM with big haircut – The Financial Express–23.06.2018
The committee of creditors (CoC) on Friday approved the resolution plan submitted by RIL-JM Financial. Banks have taken a huge 83% haircut on the sale
GST: Input tax credit: Important for taxpayers to know GST is unlike the previous regime – The Economic Times–22.06.2018
By Archit Gupta Input tax credit under GST has a very well-defined structure and is more comprehensive than the erstwhile indirect taxes. Cross-utilisation of credit between the Integrated
Bank salvation does not lie in mergers–Economic Times–21.06.2018
Reports say that the government is considering merging four public sector banks (PSBs), Bank of Baroda, IDBI Bank, Oriental Bank and Central Bank, which together
E-way bill: Transporters can now use common enrolment number across multiple States – Business Line–21.06.2018
To help the logistics industry comply with e-way bill requirements with ease, the Finance Ministry has announced new rules for transporters running businesses in multiple
Over-taxed – Business Line–21.06.2018
The Centre should be looking to prune its tax rates instead of demanding higher pay-outs It is with a sinking feeling that taxpayers must have
Slippery argument: Contrary to what Jaitley suggests, lower fuel tax is both doable and desirable–20.06.2018
Union minister Arun Jaitley defended the current level of central taxes on retail prices of petroleum products by arguing that it raises revenue for growth
Probe into 80,000 shell firms hits dead end as govt fails to trace PANs | Business Standard News–20.06.2018
The probe into 80,000 shell companies struck off by the Registrar of Companies (RoC) in the first lot has hit a dead end. The government had not been able to trace
GST: Demo & GST – Empirical evidence shows MSMEs yet to recover from the twin economic measures–19.06.2018
By Manish Sinha The micro, small and medium enterprises (MSMEs) sector is of special significance for the Indian government, expecting it to offer higher employment
UltraTech: Dalmia Bharat delaying Binani resolution – The Financial Express–19.06.2018
With Dalmia Bharat-controlled Rajputana Properties (RPPL) sticking to its demand for getting a copy of UltraTech Cement’s revised resolution plan, the Aditya Birla Group-owned cement
NCLT grants additional 20 days for Adhunik Metaliks to complete insolvency resolution process – Business Line–19.06.2018
The Kolkata Bench of National Company Law Tribunal (NCLT) has granted an additional 20 days time for Adhunik Metaliks to complete its ongoing insolvency resolution
Unravelling the fine print of the ‘new’ IBC – The Hindu–19.06.2018
S. Dhanapal, senior partner, S. Dhanapal and Associates, explains the other aspects. Relief to micro, small and medium enterprises (MSME) The promoter of a
Insolvency Code: what’s new – The Hindu–19.06.2018
S. Dhanapal, senior partner,S. Dhanapaland Associates, decodes the key amendments to IBC. Homebuyers as financial creditors In a major change, homebuyers would now be treated
How the RERA and the IBC will help homebuyers – The Hindu–18.06.2018
The Insolvency and Bankruptcy Amendment (Ordinance) Act, 2018 received the President’s assent on June 6. The amendment to the Code was brought about with a