While the RBI claims it has been meeting the demand for cash, the body that represents ATM managers say they are starved of cash and
Cash is still king: On ATMs running dry – The Hindu–20.04.2018
Nearly 18 months after the government’s decision to scrap currency notes of ₹500 and ₹1,000, which accounted for over 86% of the currency in circulation
E-way Bill | GST: The complete guide to prevent and deal with seizure of goods under E-way bill–20.04.2018—–*****
The guidelines state that the person in charge of the conveyance has to carry invoice or delivery challan along with a copy of eway bill
Income Tax Penalty: How income tax department can penalise you for under-reporting, misreporting income–Economic Times–20.04.2018—–*****
Under-reporting income or inflating deductions/exemptions in income tax return can attract heavy penalties ranging from 50% to 200% of tax evaded, say experts. An advisory issued yesterday
Focus on market for resolution assets–Economic Times–20.04.2018
It is welcome that the first resolution under the Insolvency and Bankruptcy Code (IBC) has been completed, with the National Company Law Tribunal (NCLT) approving
Not sure if Aadhaar is best model to accord benefits, says Supreme Court – The Financial Express–20.04.2018
The Supreme Court today said it was not sure whether bringing people “face to face” with authorities through Aadhaar was the best model as the
Post eway bill rollout small road transport operators to see high complaince cost, says India Ratings & Research – The Financial Express–20.04.2018
Small road transport operators will face challenges during the transition period of e-way bill rollout as compliance cost would go up, rating agency India Ratings
India has 19 crore adults without a bank account despite success of ambitious Jan Dhan Yojana, says World Bank – The Financial Express–20.04.2018
India has 19 crore adults without a bank account despite the success of the ambitious Jan Dhan Yojana, making it the world’s second largest unbanked
UIDAI brings new QR code for offline Aadhaar verification; top updates | Business Standard News–20.04.2018
To shield the crucial information and add an extra level of privacy to Aadhaar against any sort of tampering, the Unique Identification Authority of India (UIDAI) has introduced an
New ITR forms: How the changes will affect you when you file your returns | Business Standard News–20.04.2018—-*****
The income tax department has released the ITR forms for income tax return filing for the Financial Year (FY) 2017-18. Even though only the PDF version has
Indian banks’ NPA woes: Privatisation no solution; stronger watchdog maybe? | Business Standard News–20.04.2018
To many economists, the solution to India’s bad-loan crisis appears as obvious as the problem: Privatize state-owned banks, which have racked up billions more in
Falling apparel exports – Business Line–20.04.2018
India’s apparel exports have dropped about four per cent to $16.7 billion in 2017-18. This is alarming, as this is the first reversal after years
India to be the world’s fastest-growing major economy in 2018: Poll – Business Line–20.04.2018
India will claim the top spot among the world’s fastest-growing major economies this year, but rising trade tensions between the United States and China may
Kotak Bank’s rise: Deserts of Diligence–Economic Times–20.04.2018
Kotak Mahindra Bank on Monday surpassed India’s largest lender State Bank of India (SBI) in market value to become the second most valued lender in
Reserve Bank of India – Speeches–Deputy Governor Mr. N. S. Vishwanathan–19.04.2018—–*****
1. Chief guest, Shri M. Damodaran, Dr. Dhingra, Director NIBM, other dignitaries on the dais, distinguished bankers, faculty and staff of the institution, proud parents,
Ghost of demonetisation haunts Government, RBI: Chidambaram – The Economic Times–19.04.2018
“Why are ATMs still bring re-calibrated even 17 months after demonetisation?” Chidambaram asked in a tweet. Former Finance Minister P. Chidambaram on Wednesday attacked the
china us trade war: India may become surprise victim of trade war, says Rabobank – The Economic Times–19.04.2018—–*****
India’s economy will be hit hard by a combination of a global tariff war and the U.S. Federal Reserve’s monetary tightening cycle, according to a
bad loans: RBI worried over rise in one-day default norms breach – Times of India–19.04.2018
Reserve Bank deputy governor NS Vishwanathan on Wednesday raised concerns over the large number of borrowers failing on the one-day default norm, and asked the
PSB Privatisation: Former Sebi chief M Damodaran squarely blames Delhi politicians for PSB mess – The Economic Times–19.04.2018
Former Sebi chairman M Damodaran blamed the telephone calls from Delhi to Mumbai for the myriad problems that public sector banks face now and warned
Prabhu promises exporters to take up GST refund issue – The Economic Times–19.04.2018
Commerce and Industry Minister Suresh Prabhu on Wednesday assured exporters of taking up the issue of Goods and Service Tax (GST) refund with the finance