GST 2.0: If 18 pct and 12 pct baskets merge, it would be transformative for economy The year 2017 will be forever etched in Indian
IBC process: In 2018, Centre must plug all loopholes to keep dodgy promoters out – The Financial Express–02.01.2018
IBC process: In 2018, Centre must plug all loopholes to keep dodgy promoters out No year in recent times has been as eventful for corporate
‘Several issues require the urgent attention of DGFT’ | Business Standard News–02.01.2018
The Foreign Trade Policy (FTP) says that advance authorisation can be used for procurement from an Export Oriented Unit (EOU). It also says that EOUs
Fiscal deficit target: Jaitley on a sticky wicket | Business Line–02.01.2018
With the fiscal deficit exceeding the full-year target in November itself Finance Minister Arun Jaitley has very little room for manoeuvre Will he press the
Why we should worry about the fall in bank credit | Business Line–02.01.2018
Growing economies show increasing deployment of bank credit, but in India this has been decreasing for years and is now falling flat. This impacts economy
Busting the myths on tax evasion – The Hindu–02.01.2018
Busting the myths on tax evasion More tax returns filed, among other statistics, show that we are not a country of evaders The Income Tax
Why is the fiscal deficit widening? – The Hindu–02.01.2018
The government’s fiscal deficit up to November came in at 112% of the amount budgeted for the entire financial year ending in March, prompting a
‘Participation of wilful defaulters may weaken IBC’ – The Hindu–02.01.2018
The Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2017 last Friday. However, we are likely to witness a wave of demands seeking
online sales: MRP, use-by info on all eProducts from today – The Economic Times–01.01.2018
The practice of fake discounting often alleged against many ecommerce companies may stop after the rules to display MRP and expiry details of packaged products
GST refund woes bite exporters | Business Standard News–01.01.2018
Non-payment of tax refunds and last-mile procedural glitches have continued to be the biggest bane of exporters in the new tax regime. The issues have
Six months on, GST still a work in progress | Business Standard News–01.01.2018
The GST Council made a number of course corrections involving the rate structure, making life easier for SMEs, altering the timelines of the e-way Bill and
GST: Knots yet to be untied | Business Standard News–01.01.2018
The Goods and Services Tax (GST) Council has eased procedures to help small and medium industry players, but assessees still face problems in filing returns.
Finance ministry asks PSBs to consider selling, swapping loan assets | business-news | Hindustan Times–01.01.2018
The finance ministry has asked public sector banks (PSBs) to explore options for selling and swapping of loan assets with other lenders with a view
GST revenue: E-way bills may boost GST revenue: Tax officials – The Economic Times–31.12.2017
The government expects goods and services tax (GST) collections to rise by 20-25 per cent after the introduction of electronic way (e-way) bills, which will
Global trade can no longer be the engine of growth: Subir Gokarn – The Economic Times–31.12.2017
“As the global economy recovers, it will provide some tailwinds and some boost to the Indian economy as well.” In an interview with ET Now’s
Arun Jaitley: Creditors need to take haircut in resolving bankruptcy: Arun Jaitley – The Economic Times–31.12.2017
Loan defaulters can bid for an insolvent entity or its assets during bankruptcy proceedings after paying interest due and making bad loan accounts operational, FM
e-way bill: Government to implement e-way bill from February as tax mopup slips – The Economic Times–31.12.2017
Nearly six lakh taxpayers availing the simple composition scheme under the GST have paid a tax of only about Rs 250 crore for July-August, leading
stressed assets: RBI won’t extend deadline for 2nd list of defaulters – The Economic Times–31.12.2017
The Reserve Bank of India (RBI) formally turned down requests from banks to extend the deadline for restructuring the debt of companies on a second
Three top firms served notices for not passing on GST benefits to customers | business-news | Hindustan Times–31.12.2017
The anti-profiteering watchdog set up under goods and services tax (GST) law has launched a probe into three entities for allegedly not passing on the
Govt breaches fiscal deficit target in 8 months | Business Standard News–30 12.2017
The government has breached its fiscal deficit target given in the Budget for 2017-18 in November itself. During the April-November period, the fiscal deficit was
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