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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
Forget 8% growth, but expect recovery in H2 and also next year: Pranjul Bhandari, HSBC – The Economic Times
Highlights By our own estimates, fiscal deficit could go up to about 3.7% of GDP and on the back of this fear, we had the
Economic slowdown due to structural changes: Amit Mitra – The Economic Times
The collapse of IL&FS crippled the NBFC sector which is now facing huge liquidity crunch. West Bengal Finance Minister Amit Mitra on Monday said that the current
Beware dollar glut, not fiscal deficit–Economic Times
Finance minister Nirmala Sitharaman has ruled out any expenditure cuts following the recent tax giveaways. This is welcome. Lower spending would be the wrong policy
Coming soon: Alibaba and Amazon like ecommerce platform for MSMEs – Creating a launchpad | The Economic Times–
Creating a launchpad Aimed at providing a launchpad to country’s MSMEs to tap foreign markets, the MSME ministry is set to unveil an ecommerce platform
Government expects Rs 40,000 crore GST shortfall – The Economic Times
The government is expecting a shortfall of around Rs 40,000 crore in the GST collections over what has been budgeted for 2019-20. This could put pressure on
Structural reforms in agri,exports must to revive growth: Amitabh Kant – The Economic Times
WASHINGTON: Call it the art of the minideal. The Trump administration is on the cusp of announcing a new trade deal with India, potentially within the next
***Need ED’s satisfaction over dues payments made by Sterling promoters: NCLAT – The Economic Times
The NCLT had also raised questions over the manner in which lenders of Sterling Biotech had agreed to settle their claims with the absconding promoters.
Govt nudge to MSMEs to save energy: Guidelines, knowledge portal launched for small businesses – The Financial Express–
Ease of doing business for MSMEs: In order to encourage and make MSMEs aware of adopting energy efficiency measures, MSME Minister Nitin Gadkari along with Power
Supreme Court judgments led to around 23,00,000 job losses: FIMI – The Financial Express
Taking cognisance of illegal mining, the Supreme Court had in 2011 stopped mining in 188 leases in Karnataka. Echoing eminent lawyer Harish Salve’s reported view
Corporate tax rate cut may not help much to boost economy; Macquarie tells what govt could have done – The Financial Express
The economic growth has fallen to a six-year low of 5 per cent in the June quarter of fiscal year 2020. Even as the government
***Amtek: Supreme Court to hear IBBI plea for criminal proceedings against UK’s Liberty House – The Financial Express
However, senior counsel Mukul Rohtagi and counsel Mahesh Agarwal opposed the IBBI’s request to initiate criminal proceedings against the firm. The Supreme Court on Monday
***Sterling Biotech promoters to pay Rs 3,100 crore to lenders – The Financial Express
It had the backing of 90.32% voting share of the CoC though. The fugitive promoters of Sterling Biotech will pay back the entire Rs 3,100
***Relief for McLeod Russel: NCLT modifies status quo order on company’s assets – The Financial Express
The status quo will remain on selling of tea gardens. Providing some relief to debt-laden McLeod Russel, the Kolkata Bench of the National Company Law
***Somany PF challenges at NCLAT sales of IL&FS Wind Energy assets at Orix Corporation – The Financial Express
According to IL&FS, provident and pension funds have an exposure of Rs 9,134 crore to its papers Somany Provident Fund Institution on Monday challenged the
