In September, after the annual review meeting with the chiefs of public sector banks, Finance Minister Arun Jaitley said that non-performing assets with these banks
Category: Merits back reference
The mystery of lower food inflation | Business Standard Column
Like the night sky, our stars keep moving. To respond to an evolving macroeconomic environment and set monetary policy appropriately, we keep track of the changes in
GST’s latest in word cascade | Business Standard Column
Last Tuesday, the Union finance ministry issued two notifications, amending the provisions for granting refunds to exporters. One with retrospective effect from October 23 last year and
Rising outward remittances | Business Standard Column
In the current debate over how India’s current account deficit has widened and what measures need to be taken to keep it under check, there has often
Q2FY19 preview: NBFCs’ medium-term challenges to stay; not yet time for buy | Business Standard News
Non-banking financial companies (NBFCs) in India or across the globe have a simple business model — borrow from banks or capital markets in the form
When anti-profiteering authority bares fangs: Here’re lessons from 8 orders | Business Standard News
Anti-profiteering provisions under GST emanate from Section 171 of the Central Goods and Services Tax (CGST) Act, which mandates that (i) benefit on account of reduction in effective rate
Cover your tracks – The Hindu BusinessLine
The Supreme Court directive on long-term motor insurance has resulted in a flood of options. We break down the various changes for you… Did you
Cutting down maintenance charges – The Hindu BusinessLine
Apartment complexes can take simple steps to reduce their expenses on upkeep “Why is the monthly maintenance service bill so high at my high-rise complex?”
Resilient show – The Hindu BusinessLine
Indian markets have proved resilient to record FPI pull-outs, but this can’t be taken for granted For all the recent consternation over the volatility in
Rupee fall, high NPAs still cause for concern, says former RBI Guv Bimal Jalan – The Hindu BusinessLine-R
Terming the Modi government’s performance as a mixed story, former RBI Governor Bimal Jalan on Sunday said the declining value of rupee and high non-performing
Taxpayers can be prosecuted for non-filing of returns even if eligible for a refund: Delhi HC – The Hindu BusinessLine
Tax assessees beware! The Delhi High Court has ruled that non-filing of income tax returns can lead to prosecution even if the taxpayer was entitled
Dual jurisdiction under GST opens door for traders’ harassment: CAIT – The Hindu BusinessLine
Traders’ body CAIT on Friday warned that allowing central as well as state tax administrations to initiate action against any taxpayer irrespective of jurisdiction would
A job at hand – The Hindu BusinessLine
Pushing fixed-term employment is the right step, but details need to be worked out The Union Ministry of Labour, according to news reports, has urged
Financial service providers outside the purview of IBC, says NCLAT – The Hindu BusinessLine-R
The National Company Law Appellate Tribunal (NCLAT) and NCLT (Mumbai Bench), in recent judgments, have observed that financial service providers such as non-banking financial companies
IBC delays are hurting banks, economy – OPINION – The Hindu BusinessLine-R
The 180-day deadline shouldn’t be trifled with. While settling points of law, there must be a time limit for for interim litigations The slow pace
Experts call for aligning competition law with IBC for faster NPA resolution – The Hindu BusinessLine-R
The Corporate Affairs Ministry-appointed panel to review the Competition Act should look at aligning the law with the Insolvency and Bankruptcy Code (IBC) 2016, say
IBC-‘We are on track to ensure time-bound resolution ’ – The Hindu BusinessLine-R
For the 1,000-odd cases admitted by the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC), time-bound resolution has been a challenge.
Supreme Court bars litigation on resolution plans before submission to NCLT | Business Standard News-R
In the course of its order on Essar Steel, which is undergoing the insolvency proceedings, the Supreme Court on Thursday forbade litigations from any stakeholder over a
IBBI removes 30-day deadline for payment to operational creditors – NEWS – The Hindu BusinessLine-R
The Insolvency and Bankruptcy Board of India has done away with the concept of dissenting financial creditors and removed the 30-day deadline for payment to
IL&FS board chooses advisors for executing a resolution plan – The Hindu BusinessLine
Arpwood Capital Pvt Ltd and JM Financial Consultants Pvt Ltd have been selected as financial and transaction advisors to the IL&FS Group. Alvarez & Marsal
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