In a bid to step up corporate governance practices, the government has tightened norms for independent directors so as to ensure that even their relatives
GSTR1, e-way bills data to be matched to curb tax evasion – Business Line–11.05.2018
To curb tax evasion, authorities will start matching details given in the Goods and Services Tax Return (GSTR) Form Number 1 with those given in
Essar Steel insolvency case: Numetal moves NCLAT against CoC | The Indian Express–11.05.2018
Apart from Numetal’s two petitions, ArcelorMittal too had moved NCLAT earlier challenging the decision of the RP and CoC that cancelled its first bid. Numetal
Online retail flip: on the Walmart-Flipkart deal – The Hindu–11.05.2018
India’s e-commerce market, which accounts for less than a tenth of its overall retail opportunity, has just got a significant thumbs-up from American supermarket giant
| वॉलमार्टचा प्रवेश – महाराष्ट्र टाइम्स –11.05.2018
भारतात जन्म झालेल्या फ्लिफकार्ट या कंपनीचा ७७ टक्के हिस्सा विकत घेऊन अमेरिकेतील ‘वॉलमार्ट’ने भारताच्या बाजारपेठेत प्रवेश केला आहे. वॉलमार्ट आणि फ्लिफकार्ट यांच्यातील व्यवहार हा भारतीय
Bankers converting entire unsustainable debt portion into equity in bankruptcy referred companies–Business Today–10.05.2018
Kolkata-based Electrosteel Steels Limited, with debt of Rs 14,000 crore plus, recently became the first company from the dozen large distressed cases shortlisted by the
Rupee continues its free fall against US dollar: Should India be worried?–Business Today–10.05.2018
After breaching the 67-mark against the US dollar on Monday, the Indian rupee slipped by 7 paise to trade at 67.20 against the USD. The
Exporters demand GSTN, NSDL online linkage for GST refunds–Business Today–10.05.2018
The Export Promotion Council for EOUs & SEZs, has sought a linkage between the Goods and Services Tax Network (GSTN) portal and the NSDL portal,
Will employee reimbursements attract GST?- Business News–Business Today–10.05.2018
The introduction of the GST has been the source of confusion over taxes in many different sectors, but salaried employees have largely remained unaffected. However,
RERA needs better implementation | Deccan Herald–10.05.2018
Two years after the Real Estate (Regulation and Development) Act, 2016, was notified by the Centre and one year after it actually came into force,
Jaypee group deposits Rs 100 crore with Supreme Court’s Registry–Deccan Chronicle–10.05.2018
Crisis-hit Jaiprakash Associates has deposited Rs 100 crore in the Supreme Court’s Registry as per the court’s directions in a case related to delay in
RBI refuses to ease NPA norm, shocks power sector–Deccan Chronicle–10.05.2018
Dashing the hopes of 40,000 mw stressed power projects, a top government official on Tuesday said RBI is not in favour of any special forbearance
GST scrutiny: You don’t even have 0.77999999999883585 chance to escape GST scrutiny–Economic Times–10.05.2018
The promise of the Goods and Services Tax (GST) to bring clarity has finally started showing. As GST officers unleash the force of data analytics, no discrepancy or mismatch
e-way bill: E-way bill: All you need to know & experiences of the first month – The Economic Times–10.05.2018—–*****
By Anita Rastogi India has just announced the launch of another major reform under the GST regime. After an aborted attempt in February, the government has finally
GST: Jump in notices issued over mismatch – The Financial Express–10.05.2018
The tax department’s soft approach towards non-compliance under the GST may be coming to an end as the indirect tax regime enters into the new
Dispelling growth delusions | Business Standard Column–10.05.2018—–*****
Whenever official estimates of GDP growth creep up over 7 per cent, as they did for 2017-18 Q3, voices (including of senior government spokespersons) proliferate claiming that
How to e-verify your income tax return? Here are five ways to do it | Business Standard News–10.05.2018
The recent circulars that purport to “rationalise and liberalise” the framework, in fact, complicate it further An income tax return once filed, requires to be verified in
Oil prices in India could rise after US pull-out from Iran deal | editorials | Hindustan Times–10.05.2018
In the end, President Donald Trump delivered on yet another of his campaign promises by pulling the United States out of the Iran nuclear deal,
Exchange rate: View: The US, by far, has been a bigger currency manipulator than India – The Economic Times–09.05.2018—–*****
The European Central Bank followed the US with its own QE. So did the Bank of England. Every western country printed enormous sums of money,
Reform bankruptcy Rules, maximise value–Economic Times–09.05.2018
The Insolvency and Bankruptcy Board of India’s move (IBBI) to crowd source ideas to amend an evolving regulation is welcome. Novel ideas, especially from stakeholders,
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