By MS Sahoo In its long title, the Insolvency and Bankruptcy Code, 2016, specifies its objectives. It is reorganisation and insolvency resolution (reorganisation) of certain
GST collection back above Rs 1 lakh crore in March; hits new record high as return filings increase – The Financial Express
GST collections scaled record high of Rs 1.06 lakh crore in March, up from Rs 97,247 crore in the previous month, as compliance improved amid
RBI’s challenges | Business Standard Editorials
The main takeaway from the last monetary policy review of the Reserve Bank of India in February was a growing realignment between the financial stability concerns of the central
External stress returns | Business Standard Editorials
The official data is now available for India’s external account in the third quarter of the financial year 2018-19, between October and December 2018. According
NYAY works against jobs | Business Standard Column
Jobs has taken centre-stage in this election. While the government is on the defence (no pun intended), the opposition is gunning hard on the jobs front. The Congress,
Rahul Gandhi’s minimum income plan is fatally flawed – The Economic Times
Rahul’s NYAY will cost almost five times more, Rs 360,000 crore, or 1.8% of GDP. Indira Gandhi’s ‘Garibi Hatao’ swept the polls in 1971. Rahul Gandhi hopes
Junk Route to Active Corporate Bond Market–Economic Times
The lack of guidelines for investment in lower-rated bonds continues to hamper corporate bond market development in India. Sebi’s recent circular, however, has streamlined valuation
Beyond accounting | Business Standard Editorials
The Reserve Bank of India (RBI) has decided to defer the implementation of the Indian Accounting Standards (Ind-AS) for banks for the second year running
Cloudy outlook for our trade | Business Standard Column
Financial year 2019-20 (FY20) begins on a rather sombre note, despite expectation of a rate cut by the Reserve Bank of India (RBI) and buoyancy in the
RBI: Still unaccountable and above law? | Business Standard Column
Does the Reserve Bank of India (RBI) understand the Right to Information Act (RTI) far better than the central information commissioners, judges of high courts, and even those of
Some interpretation issues remain even after GST | Business Standard Column
Sukumar Mukhopadhyay Last Updated at March 31, 2019 21:39 IST Before the introduction of GST on July 1, 2017, there was a multiplicity of rates of duty in
Operational creditors face Shakespearean dilemma in Essar Steel insolvency | Business Standard Column
The operational creditors of steel companies face a Shakespearean dilemma. Though they wish to speak out against the problems at hand due to delayed payments
Rough flight ahead for Jet as legal worries loom large over revival plan | Business Standard Column
The clock ticks on the bank-led corporate restructuring exercise at Jet Airways. However, legal uncertainties that involve prospective investors, the employees and the operational creditors could make
From serious fraud probe to Malaria death, here are the key court orders | Business Standard Column
States cannot withdraw tax incentives Denial of fiscal incentives offered to industries set up in certain states to encourage development and generate employment continues to
Yashwant Sinha, BJP’s rebel with a cause, on GST to top BJP leaders | Business Standard
On a cold winter day, Sinha sits snug near an oil heater behind a wooden desk in the small but well-furnished study of his tastefully
Roll-out of new, simplified monthly GST return forms deferred | Business Standard News
The pilot project envisaged for rolling out simplified monthly goods and services tax (GST) return forms from April 1 has been deferred and the new
IBC takes 300 days, BIFR took 5-8 yrs: IBBI chairman M S Sahoo | Business Standard News
The entire process of debt resolution under Corporate Insolvency Resolution Process (CIRP) takes nearly 300 days compared to 5-8 year time taken under the process prescribed by
New welfare paradigm – The Hindu BusinessLine
The Congress’ basic income proposal hasn’t been thought through The Congress’ tall promise of paying ₹72,000 a year into the bank accounts of about five
Insolvency law’s objective is reorganisation of defaulting firms, not recovery of dues: Sahoo – The Hindu BusinessLine
Asserting that the insolvency law’s objectives are reorganisation and resolution of a defaulting company, IBBI Chairperson MS Sahoo said that if creditors recover their dues
Samjhauta bungling: Religious labels for terror aside, serious questions must be asked of NIA’s efficacy
Following the acquittal of Swami Aseemanand in the 2007 Samjhauta Express blasts case, BJP has once again accused Congress of fabricating the theory of ‘Hindu