GST and Taxation for MSMEs: With the festive season just around the corner, a significant part of India’s SME and startup community is finding it tough
Category: News of interest
वाचकांना माझ्या दृष्टीने महत्वाच्या वाटणाऱ्या बातम्या देण्याचा प्रयत्न केला आहे –ज्या source मधून ह्या बातम्याचे विवरण केले आहे त्या त्या source चे नाव व लिंक दिली आहे. ही लिंक क्लिक केल्यानंतर वाचकांना मूळ source मधील बातमी सविस्तर पणे वाचता येईल. तसेच नंतरही कधीही या बातम्या वाचता येतील त्यासाठी search option किंवा calender चा पर्याय निवडून बातमी वाचता येईल –उद्देश सर्वच बातम्या –रोजच –सविस्तर वाचणे कधी कधी शक्य नसते अशा वेळेस नंतर देखील अशा महत्वाच्या बातम्या वाचता याव्यात–असा उद्देश आहे. — डिसेंबर २०१६ च्या आधीच्या अशा तऱ्हेच्या Latest Post या category खाली दिल्या आहेत. —ही website कोणत्याही आर्थिक मोबदला मिळावा म्हणून सुरु केलेली नाही. तसेच सर्व प्रयत्न परिपूर्ण आहेत असाही दावा नाही. पण काही तरी उपयोगी करून दाखवण्याचा मात्र उद्देश जरूर आहे. सुधारणा सुचवून वाचकांनी माझ्या प्रयत्नात सामील व्हावे अशी विनंती आहे–
Edelweiss: Cut in GST rates a definite positive for hotel sector – The Financial Express–
The GST Council in its recent meeting cut GST rates for the hotel sector across the board. The biggest cut came in the luxury category
Rs 1,000 crore fraud: Fake GST invoice racket unearthed in Kandla – The Financial Express–
The modus operandi involved over-valuation to the extent of 3,000% of the market value of goods exported to the SEZ (zero rated supply) and fraudulently
Govt funding for MSMEs: Nitin Gadkari promises 10% contribution for raising equity in capital market – The Financial Express–
Credit and Finance for MSMEs: In the latest move to boost MSME sector in India, the Central govt is mulling contributing 10% of funds to the
Don’t kill e-commerce | Business Standard Editorials
E-commerce companies will come under intense regulatory watch as they head out for the biggest annual shopping carnival starting next week. The Competition Commission of India
Big bang steps | Business Standard Column–
The finance minister surprised almost everyone on Friday with her announcements on corporate taxation. The government has taken the decisive step of reducing tax rates
***IBBI seeks to penalise ‘flippant’ bidders to prevent fraud at bankrupt companies – The Economic Times–
The Insolvency and Bankruptcy Board of India (IBBI) is seeking to penalise ‘flippant’ bidders and managers of stressed assets to help quicken the recovery of banking funds
Insolvency and Bankruptcy Board of India: CoCs must share all info on NPA accounts with bidders: IBBI – The Economic Times–
The Committee of Creditors (CoC) of a non-performing asset (NPA or bad loan) account must provide all relevant information and share its vision for the company under resolution with the
***IBBI: Special court summons Liberty House chief, 3 others in IBBI case–Economic Times–
A special court has summoned Liberty House chief Sanjeev Gupta and three other senior executives to face a criminal charge pressed against them by the
***Operational creditors benefit equally from IBC: IBBI – The Economic Times
The Insolvency and bankruptcy Board of India (IBBI) Saturday said both operational and financial creditors have benefitted alike from resolutions under the IBC. IBBI chairman M S Sahoo
***Haircuts for operational creditors are at par with financial creditors: Icra – The Economic Times
Operational creditors account for nearly half of the bankruptcy cases admitted at the NCLTs and the haircuts in resolutions taken by them are at par with the same
Flipkart: No slump, growth’s the talk of the town: Kalyan Krishnamurthy – The Economic Times
Consumption is growing in markets beyond the bigger cities and Flipkart has not witnessed any perceptible sign of a slowdown before the crucial festive season sales, Kalyan Krishnamurthy,
View: Cutting corporate tax to accelerate growth could be the first step to structural change – The Economic Times
Bravo, Nirmala Sitharaman. After becoming finance minister and presenting a second-rate Budget, you have seemed a timid tinkerer, making dozens of marginal changes to try and
As NPA resolution crawls, banks stare at spike in credit cost – The Economic Times
With slower pace of resolution of bad loans, banks are staring at a spike in their credit cost, which is set to rise in the range of
ई-पेमेंट फेल: रिफंड येईपर्यंत बँक भरणार दंड – १०० दररोज —महाराष्ट्र टाइम्स
जर तुमचं ऑनलाइन ट्रान्झॅक्शन काही कारणास्तव अयशस्वी झाले आणि एक दिवसाच्या आत ते पैसै तुम्हाला परत मिळाले नाहीत तर दरदिवशी १०० रुपये मिळणार. रिझर्व्ह बँक
जी एस टी–हॉटेल उद्योगाला जीएसटीतून दिलासा, केंद्राचा मोठा निर्णय – महाराष्ट्र टाइम्स
पणजी: गोव्यात पार पडलेल्या जीएसटी परिषदेच्या बैठकीत आज काही महत्त्वपूर्ण निर्णय घेण्यात आले आहेत. जीएसटी परिषदेने निर्यात आणि हॉटेल उद्योगांना जीएसटीमधून सूट दिली आहे. हॉटेलच्या भाड्यातील
***GST evasion: Under-invoicing’ leading to GST evasion, claim bicycles makers
Bicycle makers further pointed out that bicycle is one of the most vulnerable products for GST evasion on account of the fact that 80 per
Corporate tax cut: India sends up the monetary helicopters but will the gamble work?
By Andy Mukherjee India is making a second big fiscal gamble. The first – a switch from sales to consumption taxes – has failed to
Stimulus will take GDP growth to over 7.5% in second-half: NITI Aayog chief – The Economic Times
“The lowering of MAT will once again make SEZs a preferred place for export-oriented units. I am sure therefore that units already in SEZs will
Another shot for MSMEs to reclaim bankrupt companies – The Economic Times–
Promoters of micro medium and small enterprises (MSME) going through insolvency proceedings can take another shot at running their companies, based on a Supreme Court